Articles about Cryptocurrency
Cryptocurrency is a digital or virtual asset that is secured using cryptographic keys. Each unit of a cryptocurrency is uniquely identifiable yet interchangeable. Many cryptocurrencies including Bitcoin and Ethereum are based on Blockchain technology— a distributed ledger system that maintains a crowdsourced record of every transaction. Such networks are maintained using peer-to-peer connections over the internet, just like torrents. Blockchain records are also tamper-proof and irreversible. Interestingly, cryptocurrencies are not issued by a central governing body thereby absolving them of scope for government manipulation and interference. The currency can never be converted into a physical equivalent, although it can be traded in exchange for goods and services offered by merchants. Like regular currency, cryptocurrencies are also subject to fluctuations in value based on demand and supply. The supply is generated by a process called “mining” where computers solve increasingly complex has calculations to match cryptographic keys that then unlock units of the cryptocurrency. Mining is also crowdsourced and records for mined currency are combined with transaction records on the currency’s blockchain. Launched in 2009 by an unknown entity/group named Satoshi Nakamoto, Bitcoin is the world’s first open-source decentralized cryptocurrency.
12 May 2022Entertainment
The Flash actor Ezra Miller made headlines earlier this year for getting arrested twice on charges of assault and disorderly conduct on the island of Hawaii, U.S.
12 Apr 2022Business
Amid the regulatory uncertainties surrounding cryptocurrencies in India, CoinSwitch Kuber has temporarily disabled all modes of payments to purchase digital coins.
10 Apr 2022Business
Tesla and SpaceX founder Elon Musk, who recently disclosed a 9.2% stake in Twitter, has suggested a variety of changes to the microblogging platform's Twitter Blue premium subscription service.
31 Mar 2022Business
Several new financial changes are expected to come into effect from Friday (April 1)—the first day of the fiscal year 2022-23.
11 Feb 2022Business
Finance Minister Nirmala Sitharaman on Friday said the government has sovereign right to tax profit made from cryptocurrency transactions.
01 Feb 2022Business
Prime Minister Narendra Modi on Tuesday hailed the Union Budget 2022-23 as "people-friendly and progressive."
24 Jan 2022India
A probe by the Delhi Police revealed cryptocurrency stolen from a businessman in 2019 was transferred to Al-Qassam Brigades, the military wing of the Palestinian militant organization Hamas.
15 Dec 2021India
The Centre may not introduce the cryptocurrency bill in this Winter Session of Parliament as planned as it is reportedly considering some changes.
12 Dec 2021Politics
PM Narendra Modi's personal Twitter account was "briefly compromised" in the early hours of Sunday.
02 Dec 2021Technology
Nothing has launched a new black color option for its ear (1) TWS earbuds in India as well as the global markets.
25 Nov 2021Technology
El Salvador is the only country that has recognized Bitcoin as legal tender. Now, the country has unveiled an ambitious plan to build an entire city around cryptocurrency.
24 Nov 2021Technology
Prices of nearly all cryptocurrencies plummeted by 15% or more just hours after the Indian government announced that it will introduce a cryptocurrency bill in the Parliament's winter session.
23 Nov 2021India
The central government will table a bill to ban cryptocurrencies in the upcoming Winter Session of Parliament.
18 Nov 2021India
Prime Minister Narendra Modi on Thursday urged all democratic nations to work together in ensuring that cryptocurrency "does not end up in the wrong hands."
03 Nov 2021Entertainment
Digital assets are here to stay!
20 Oct 2021Technology
Leading cybersecurity firm Sophos has recently published a report that highlighted how a cryptocurrency trading scam targeting iPhone users is now bigger than ever.
07 Oct 2021Business
Cryptocurrency exchange CoinSwitch Kuber announced it has raised $260 million in a Series C round of funding, bumping up its valuation to $1.9 billion.
28 Sep 2021Technology
Digital cryptocurrency mining is proving to be just as toxic for mother nature as mining of natural resources is. Worryingly, several entities don't see the bigger picture and continue to mine relentlessly, converting our ecology into virtual resources with limited applicability.
24 Sep 2021Business
Imagine the year is 2035. You and your friends have planned a vacation to the planet Mars. And you are asked to pay for your space shuttle in Bitcoin or let's say meme-inspired Dogecoin (as proposed by Elon Musk!). How cool does it sound?
09 Sep 2021Sports
The cryptocurrency market has been on the rise over the years.
07 Sep 2021Business
It's been 12 years since an anonymous group introduced the world to Bitcoin.
09 Aug 2021Technology
What's the one thing that you associate with commercialization? Well, advertisements!
18 Jul 2021Technology
The number of blockchain and cryptocurrency-related start-ups is on the rise around the world and interest surrounding discussions on these subjects has also seen a spike on community-based platforms such as Twitter Spaces and Clubhouse.
09 Jun 2021Technology
Several major news websites and social media platforms such as Reddit were down for about an hour starting 3 PM Indian Standard Time. The disruption was caused by cloud computing services provider Fastly experiencing technical difficulties with its services.
30 May 2021Business
Elon Musk held a meeting with "leading Bitcoin miners in North America" recently. The discussion aimed "to promote energy usage transparency [and] accelerate sustainability initiatives worldwide."
16 May 2021Technology
On May 12, the 27-year-old founder of Ethereum Vitalik Buterin donated cryptocurrency worth $1.5 billion to COVID-19 relief efforts in India and several other non-profits.
13 May 2021Technology
Tesla CEO Elon Musk has been a vocal promoter of cryptocurrency and electric mobility. Late in March, Tesla announced that it would accept Bitcoin as payment for its cars.
10 May 2021Technology
After his Saturday Night Live gig was live-streamed on YouTube, a first for the show, SpaceX CEO Elon Musk plans to actually send Dogecoin to the moon.
02 May 2021Business
Bitcoin and other cryptocurrencies have grown massively in value in just an year. Bitcoin, for instance, is currently priced at Rs. 47,00,000.
11 Apr 2021Business
Signal, the secure messaging app, recently announced that it is rolling out a beta version of its app which brings the new Signal Payments feature.
10 Apr 2021Business
Cricket is a sport that does a better job of bringing all Indians together than any religion in the world. While the IPL league offers us so much entertainment, we thought it would be more interesting to explain crypto in the language of cricket.
22 Mar 2021Technology
Twitter CEO Jock Dorsey's first-ever tweet was auctioned for a whopping $2.4 million (around Rs. 18 crore). The Twitter founder declared that the entire auction proceeds would be donated to charity of Dorsey's choice, fittingly in the form of Bitcoins.
17 Mar 2021Technology
The term "blockchain" is thrown around with cryptocurrency and Bitcoin quite often. Blockchain is a type of database, which is essentially an organized collection of information that can be accessed and manipulated simultaneously by multiple users.
08 Feb 2021World
German prosecutors have seized over 1,700 Bitcoins worth $60 million from a thief who is currently imprisoned for the crime of covertly installing cryptocurrency mining software on other computers.
30 Jan 2021Business
After leaving Indians with no choice but to embrace digital transactions, the government is poised to ban cryptocurrencies.
17 Dec 2020Business
Bitcoin on Wednesday broke through $20,000 for the first time ever following a sustained powerful rally for the world's largest and most well-known cryptocurrency.
13 May 2020Technology
Telegram, one of the biggest messaging platforms in the world, has decided to shutter its blockchain and cryptocurrency project - the Telegram Open Network (TON).
30 Apr 2020Technology
HTC's Exodus line of smartphones, aimed at cryptocurrency users, is set to get the ability to mine digital coins.