Cryptocurrency News
The coronavirus crisis has certainly sparked a lot of controversial debate. When it comes to getting people to install a contact tracing app, forcing them to do so is always an option in India. Protecting consumers from the coronavirus remains a top priority at all times. A Controversial Coronavirus Solution […]
Various financial institutions are looking to incorporate blockchain technology. Ripple continues to make inroads, as it is now partnering with the National Bank of Fujairah. Ripple has forged numerous crucial partnerships over the past few years. Another big Partnership for Ripple Central banks and commercial institutions are paying close attention […]
There have been a lot of interesting cryptocurrency-related developments in India over the past few years. Primarily the confusion regarding the regulation of the industry or even potentially banning it has created a few interesting debates. It now seems there is no plan to ban Bitcoin and altcoins in the […]
At press time, the father of cryptocurrency is trading for over $11,000, meaning bitcoin has struck a new milestone for 2019. Bitcoin Continues Exploding in Price This is huge news considering where the currency stood at around this time last year. During the summer of 2018, bitcoin was “settling in” […]
Regulatory measures affecting blockchain and cryptocurrency projects often create a panic reaction among community members. In most cases, any regulatory measure will ultimately lead to either restricting or banning a specific type of activity. In India, a new proposal has been submitted to effectively prohibit cryptocurrency trading and use, although […]
Everyone wants to get into crypto. And while most of us get into crypto through legal means, police in Pakistan turned to crime. Three police officers were part of a kidnapping case and demanded 20 million rupees ($142,000). However, police officers thwarted the plan after tracing and arresting the seven-member […]
Since Nakamoto launched Bitcoin a decade ago, the legacy financial system has fought it tooth and nail. Wells Fargo banned Bitcoin purchases from its credit cards mid last year. Indian and Pakistani banks are forcing their clients to declare they won’t buy Bitcoin before they open an account. In Zimbabwe, […]
By now, we’ve just about heard it all from crypto skeptics. From some of the world’s wealthiest investors such as Warren Buffet to economists such as Nouriel Roubini. This time, however, the skepticism is coming from another party: the Indian police. Police from the Northern Indian state of Jammu and […]
India hasn’t been the friendliest jurisdiction to cryptocurrencies. The crypto industry in the country has been involved in an endless row with the country’s Reserve Bank, and the RBI has thus far had the upper hand. The animosity has pushed some crypto firms out of business this year. And now, […]
Technology and law enforcement are usually on opposite ends of a divide. While governments want to analyze as much consumer data as possible, very few people are effectively willing to go along with that plan. In India, a new law has been passed which puts any computer in the country […]
It has been long been known that Facebook was working on a blockchain and crypto project. Most suspected that the new token would facilitate payments for Facebook’s 2.5 billion users on its social media platform. However, it turns out that Facebook’s maiden crypto project will focus on Whatsapp. According to […]
When cryptocurrency enthusiasts rely on mobile applications, there are always some pitfalls to take into account. Virtually all applications require users to provide the tool with access to various parts of the mobile device. In India, this situation is even worse, due to the vastly higher number of app permissions […]
The future of police robots still remains unclear in this day and age. That is not entirely uncommon by any means, as this idea raises a lot of questions and criticism. Hyderabad, a city in India, is introducing its first police robot iteration to the masses. Hyberabad Sees Merit in […]
It has been a rather interesting, although problematic week for the Pornhub platform. Considering how this is often considered the world’s leading online adult content streaming platform, any developments are of great interest. Despite being blocked in India, the company still looks toward the future. That vision still firmly focuses on […]
Scams are nothing new in the crypto industry. From ICOs that received money and then vanished to trading sites that went down with investors’ funds, there is no shortage of people who’ve lost their hard-earned money in their pursuit of the Bitcoin millions. For most, the logical next step was […]
The darknet is effectively influencing a lot of unsavory business models. While most of the focus lies on drug sales, there are plenty of other industries to be concerned about. Wildlife trafficking is quickly becoming a booming business in certain parts of the world. Especially in India, the darknet seems […]
Barely a week after installation, India’s first Bitcoin ATM has been seized by the police. The ATM was installed in one of the country’s most popular malls and facilitated the withdrawal and deposit of Bitcoins. The police also arrested one of the co-founders of Unocoin, the company that had installed […]
Bitcoin has succeeded as an asset but has failed terribly as a currency. It has only gained traction within a very small niche following, lacking any use in real-world transactions. It only handles a very small number of transactions compared to its competitors like Visa, all while consuming large amounts […]