As India continues to progress in nurturing, developing, and adopting modern technologies, its population of nearly two billion are also getting accustomed to the virtual convenience. The massive success of the UPI payment system — that is currently used by over 300 million monthly active users — is a testimony…
The coders who maintain Bitcoin’s blockchain are clashing over whether to stamp out the meme tokens swarming the network. A torrent of speculative coins led to a record number of transactions and an 11-fold spike in processing fees on the blockchain in May, creating a logjam and forcing the Binance…
Mahesh Kumar Jain, the Deputy Governor of the Reserve Bank of India (RBI), has predicted that technologies like blockchain and Artificial Intelligence (AI) would be part of the future of finance. The RBI recently met with the directors of Indian banks. The aim of this meeting was to address concerns…
Millennial and Gen Z members of the Web3 community are hopeful that advance Artificial Intelligence (AI) integration with the sector will finetune investment decisions for younger investors. KuCoin, that claims to be the fifth largest crypto exchange in the word, conducted a detailed study on how AI could be integrated…
The introduction of central bank digital currency (CBDC) by central banks in different parts of the world has emerged among the top banking tweaks to be recorded as major banking innovations. Hong Kong has now become the latest nation to join the list of countries like India, China, Japan, and…
Cryptocurrency exchange Coinbase Global posted a smaller-than-feared loss in the first quarter, benefiting from cost cuts and diversification of revenue sources, sending its shares up 7 percent in extended trading on Thursday. The company has benefited from its deal for One River Digital Asset Management to ramp up product offerings…
Mastercard will expand its cryptocurrency payment card programme by seeking more partnerships with crypto firms, the company’s head of crypto and blockchain said, even as the sector comes under closer scrutiny from regulators and banks grow wary. Mastercard has already partnered with crypto exchanges including Binance, Nexo and Gemini to…
India’s Telangana state is looking to introduce blockchain-based solutions to make activities related to farming more eco-friendly. The aim is to help farmers in the state to participate in organic farming, agroforestry, crop rotation, and solar power harvesting — all of which support reduction in greenhouse gas emissions and carbon…
Asia houses the majority share of gamers in the world, because of which the Web3 gaming industry is looking hopefully at expanding the sector in the continent. The gaming community of Asia churns the maximum chunk of revenue. In its latest research report, DappRadar said the Asian nations of India,…
The software that underpins the second-biggest crypto coin ether was upgraded on Wednesday and is online, cryptocurrency exchange Binance said in a tweet. The move will give investors access to more than $30 billion (roughly Rs. 2,45,877 crore) of the digital tokens. Known as Shapella, the latest upgrade to the…
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