Jio Financial Services (JFS), a subsidiary of Reliance Industries Ltd, is taking a technologically-driven approach in expanding its product offerings by exploring blockchain-based platforms and CBDC. Mukesh Ambani, Chairman and MD of RIL, highlighted JFS’s strategic orientation during the company’s annual general meeting. Ambani said JFS wants to become a
The US Internal Revenue Service (IRS) recently unveiled a set of new tax reporting guidelines. Endorsed by President Joe Biden, these rules aim to tighten the noose on tax evasion in the digital asset space. However, the proposal has been met with a mix of skepticism and outright opposition from
Ethereum (ETH), the second-largest cryptocurrency, experienced a massive downtrend over the past few weeks, failing to break through its key resistances. Meanwhile, Ether whales have been executing huge transactions on leading crypto exchanges such as Coinbase and OKX in the last 24 hours. Whale Alert, a blockchain tracker and analytics
LAS VEGAS–(BUSINESS WIRE)–$AGREE #3D_gaming—Ault Alliance Inc. (“Ault Alliance” or the “Company”) announced today that the metaverse platform, BitNile.com (the “Platform”), will be expanding its social gaming experience with the launch of Blackjack expected on September 1, 2023. The Platform is owned and operated by BitNile.com, Inc. (“BNC”), a wholly owned
ALISO VIEJO, Calif., & JACKSONVILLE, Fla.–(BUSINESS WIRE)–#AzureMarketplace–Corent Technology Inc. and EverythingBlockchain Inc. announced the release of BuildDB blockchain-enabled fiscally sustainable NoSQL database as a fully managed SaaS offering on AWS Cloud and AWS Cloud Marketplace, powered by SaaSOps™. Corent’s SaaSOps™ instantly provides the SaaS operations and management capabilities needed by
A trailblazer in the decentralized exchange (DEX) landscape, is proud to announce the launch of its revolutionary trading platform, setting a new standard in the world of automated market-making (AMM) within the Base ecosystem. SynthSwap, emerging from the creators of ZyberSwap, introduces an innovative concept that redefines liquidity provision. This
Bitcoin has shown significant negative momentum over the previous several weeks. Amid the severe assault, there has been a noticeable increase in institutional interest, which is widely anticipated to play a significant role in the next BTC rally. Based on analysis by CryptoQuant of wallet deposit and withdrawal records, it
The “hash price” of Bitcoin mining, which is the amount of money miner’s make per terahashes per second, has fallen to levels not seen since the FTX crash of November 2022, despite the fact that the hash rate has hit all-time highs. On August 18, the Bitcoin network’s hash rate
Shiba Inu’s Ethereum layer 2 solution, Shibarium, has been relaunched after an initial public release marred by technical glitches and widespread FUD. After its initial launch on August 16th, the project has successfully overcome its initial obstacles, with the network now demonstrating impressive growth and potential. The initial launch of
In a significant announcement at the G20 summit, Prime Minister of India, Narendra Modi advocated for a global framework to regulate the rapidly evolving cryptocurrency landscape. PM Modi’s proposal emphasizes the need for a unified approach that transcends individual national boundaries, echoing the sentiments expressed in a series of tweets
