Banks are reluctant to accept crypto transactions because of regulatory uncertainties. Trading volumes at CoinDCX have dropped 40% since the UPI ban. CoinDCX’s chief operating officer, Mridul Gupta, had joined the crypto exchange CoinDCX last year, where he hopes “to drive growth for CoinDCX business and build India’s leadership in
Withdrawals from the Celsius Network had been halted. CEL holders get better rates. Celsius will creates a supply and demand cycle for CEL. Celsius calls itself a network and refers to a community as well as an executive team. But the Celsius white paper looks like a marketing desk. With
Blockchain development provides software solutions to clients using blockchain development technology. There are companies that offer blockchain solutions. These companies follow the right processes to develop a blockchain solution. They have the ability to develop sophisticated solutions and employ specialists at every stage of development. As per the requirements of
Major South Korean exchanges delist Litecoin (LTC). Major concern towards the privacy features of the new MWEB upgrade. South Korea is extremely stringent towards the safety protocols after the Terra LUNA tragedy. The delisting and ban of Litecoin (LTC) was indeed highly evident more than two weeks back. Ever since,
Pwning.eth, a white hat hacker, found and alerted Aurora to a vulnerability. The $10 million prize for the Solana bridge Wormhole warranted more attention. After helping identify a vulnerability, Aurora, a blockchain bridge project, gave out the second-largest award in crypto history. Pwning.eth, a white hat hacker, found and alerted
The Web 3.0 wave is fast catching up with centralized crypto exchanges and brokerages. In the past two years, there has been a gradual shift to the Decentralized Finance (DeFi) market, with more crypto natives opting for permissionless ecosystems. Today, this industry enjoys a total value locked of $106 billion,
According to James, the crypto market is “extremely unpredictable.” Bitcoin is now trading at under $30k at the time of this writing. On Thursday, New York Attorney General Letitia James issued a warning concerning cryptocurrency investments. Attorney General (AG) reiterated the view taken by other U.S. government authorities, including Attorney
Optimism, a leading Ethereum Layer 2 scaling solution, has introduced Balancer Protocol to cut gas costs and dramatically increase the liquidity of DeFi. Due to Ethereum’s difficulties, users of decentralized finance now face exorbitant costs, making it difficult to get started. Optimism launch of Balancer’s technology provides DeFi liquidity provision
Uncertain regulations have made it difficult for the Indian crypto business to function. Crypto is a worldwide concern that requires “collective and synchronised action.” Finalizing a consultation document on cryptocurrencies, the Indian Department of Economic Affairs will next give it over to the federal government. Global regulatory agreement on digital
JustLend’s TVL jumped from $1.79 billion to $2.86 billion. USDD is controlled by smart contract algorithms, unlike Tether’s USDT. DeFi’s third-largest blockchain is Tron, a Justin Sun-led blockchain that debuted in 2018. (TVL). In the last month, the total value locked (TVL) in Tron’s nine applications has increased by 44
