Explained | Why is crypto trade within PMLA ambit?

[ad_1] Indian crypto exchanges will now have to report any suspicious activity related to buying or selling of cryptocurrency to the Financial Intelligence Unit – India (FIU-IND). File | Photo Credit: Reuters The story so far: On March 7, to further tighten the loosely regulated crypto market, the Finance Ministry said that all virtual digital […]

Continue Reading

Weekly Crypto Roundup: UK’s crackdown, Iran’s CBDC, and crypto carbon credits

[ad_1] The week after Ethereum’s Merge event saw macroeconomic factors pulling prices lower, even though many Ether investors were hoping for a surge. The week after Ethereum’s Merge event saw macroeconomic factors pulling prices lower, even though many Ether investors were hoping for a surge. On Friday, Bitcoin was close to falling under the $19,000 […]

Continue Reading

Why crypto asset management makes sense for novice investors

[ad_1] The cryptocurrency market is a volatile beast. The digital token price rollercoaster has recently seen Bitcoin fall from grace and then rebound almost immediately. This volatility is the result of market manipulation, companies going bankrupt and investors getting hacked. But it’s also exactly what makes crypto so appealing for investors looking for high returns. […]

Continue Reading

Bitcoin once again slips below $20,000

[ad_1] Bitcoin on Sunday dropped 1.54% to $19,804, slipping from the 20,000 mark after losing $310 from its previous close. The world’s biggest and best-known cryptocurrency is down 58.9% from the year’s high of $48,234 on March 28. Ether , the coin linked to the ethereum blockchain network, dropped 3.2 % to $1,422.1 on Sunday, […]

Continue Reading

Weekly Crypto Roundup: Ethereum’s Merge, India’s fintech, and a new crypto exchange

[ad_1] While a number of crypto traders were hoping for a surge in Ether’s price after the long-awaited change, the first 24 hours after the Merge saw Ether falling by more than 8% to around $1,470 While a number of crypto traders were hoping for a surge in Ether’s price after the long-awaited change, the first […]

Continue Reading

The Ethereum (ETH) Merge is finally here: What’s next for you?

[ad_1] The Ethereum network is about to get a lot more interesting. The impending Ethereum (ETH) Merge is a massive upgrade that will help the blockchain run efficiently while adding new features. And unlike last time, there’s no worrying about backward compatibility or frozen upgrades. Once the hard fork activates, it’s a clean break. But […]

Continue Reading

How to introduce cryptocurrency to parents: A step-by-step guide

[ad_1] Convincing older generations to adopt new technologies can be challenging. Often one has to rely on a different approach than one would with their friends. It takes tact, patience and conviction to convert cautious parents into cautious investors because they are essentially trusting you with their money. We put a step-by-step guide on how […]

Continue Reading

Ethereum transitions to Proof-of-Stake: Four reasons why it’s better than Proof-of-Work

[ad_1] When it comes to discussing blockchain and its associated algorithms, there are two primary types: Proof-of-Work (PoW) and Proof-of-Stake (PoS). Until today PoW is the most common algorithm used by blockchain networks. Ethereum, one of the most influential blockchain projects, will announce its “END GAME” on September 15 with the release of The Merge […]

Continue Reading

Ethereum blockchain to undergo major upgrade to cut energy use

[ad_1] A long-awaited software upgrade to the Ethereum blockchain aimed at slashing its huge energy consumption is expected this week, a move proponents say may widen the technology’s use and support the price of the ether token. The upgrade, known as the “Merge,” will mark a radical change to how transactions on the Ethereum blockchain […]

Continue Reading

Google now displays a countdown clock on searching ‘Ethereum Merge’

[ad_1] Google has added a countdown clock displaying the number of hours left for Ethereum Merge to occur. The Merge is an event that aims to switch Ethereum’s network from Proof-of-Work (PoW) to the Proof-of-Stake (PoS) algorithm. It is all set to change the working of the blockchain, with the aim to make the Ethereum […]

Continue Reading