El Salvador appears to be a step closer to issuing its Bitcoin Bond as President Nayib Bukele’s administration has released a digital securities bill for the bond to lawmakers. The island nation also plans to legalise all crypto assets under the new law. The Bitcoin Volcano Bond aims to draw…
Crypto exchange FTX filed US bankruptcy proceedings on Friday and Sam Bankman-Fried stepped down as CEO, after a rapid liquidity crisis at the cryptocurrency group that has prompted intervention from regulators around the world. The distressed crypto trading platform had been struggling to raise billions in funds to stave off collapse…
Subway, the largest franchise in the world by number of outlets, is reportedly tapping into the huge global Bitcoin fanbase by recognising it as a payment option. In this case, the fast-food restaurant chain is using the Bitcoin lightning network. Technically, the lightning network is a second layer added to…
Mastercard Michael Miebach has predicted that widespread adoption of cryptocurrencies is a long way away from becoming a reality. While maintaining an optimistic attitude towards the asset class gaining more popularity in the future, Miebach said that the formulation of apt laws is needed as soon as possible. The Mastercard…
The US authorities have declared one of their largest ever crypto recoveries after they managed to unearth 50,676 Bitcoins related to the infamous dark-web marketplace, Silk Road. The amount of the recovered Bitcoin comes close to the valuation of $1.04 billion (roughly Rs. 8,228 crore) at the time of writing….
The festive cheer has failed to penetrate the crypto market as majority cryptocurrencies opened with losses on Friday, October 21. Less than three days before Diwali, Bitcoin opened with a loss of 1.01 percent in India. As per Gadgets 360’s crypto price tracker, BTC values currently stands at the price…
As October steps into its second weekend, the crypto market showed signs of volatility that remained prevalent throughout the week. Bitcoin opened with a minor gain of 1.88 percent on Friday, October 14. As per the crypto price tracker by Gadgets 360, BTC stuck to its months-old price point of…
After a day of trading lowly, majority cryptocurrencies stepped into Tuesday, October 4 with gains. Bitcoin, with a price hike of 1.96 percent, opened trading at $19,554 (roughly Rs. 15.80 lakh) as per Gadgets 360’s crypto price tracker. Profits on a similar scale also hit Bitcoin on international exchanges. As…
Dogecoin, the meme-based cryptocurrency that was formed as a joke in 2013, today stands as the second-largest proof-of-work (PoW) cryptocurrency after Bitcoin. The development comes a day after the Ethereum blockchain completed its transition to the energy-efficient proof-of-stake (PoS) mining model from its previous power-intensive PoW mechanism. Ethereum’s native cryptocurrency,…
The overall crypto market slipped down ahead of the arrival of Ethereum’s energy-efficient upgrade called the Merge which is expected to arrive today. Bitcoin on Thursday, September 15, opened with a loss of 1.65 percent as per Gadgets 360’s crypto price tracker. The current trading value of BTC stands at…
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