Cryptocurrency Explainer

The founder of the failed crypto exchange FTX has written to his former employees apologising for his role in its collapse and continuing to insist its downfall can be solely explained by a misplaced $8 billion (roughly Rs. 64,940 crore).

FTX implosion has explained the need to bring the crypto world within the regulatory framework, Bank of England Deputy Governor Jon Cunliffe said on Monday. He added that FTX's woes highlighted the need for regulators to put in place tighter controls as quickly as possible. Currently, crypto firms in Britain only have to show they can put in place ...

FTX founder Sam Bankman-Fried, facing mounting legal challenges over the collapse of his cryptocurrency exchange, may have harmed his defense by speaking publicly in recent days, legal experts said. Bankman-Fried has sought to explain the implosion of FTX and disparaged government regulators in posts on Twitter and conversations with reporters. Att...

From daily crypto news pieces and market updates to explainers, interviews, and opinion pieces, the 5 best crypto blogs you can find in India.

China’s CBDC was designed to focus on user privacy and ensuring financial security. Safeguarding user privacy and zeroing-in on ensuring financial security for the people were the two key features that were given most importance, Yi Gang, the governor of the People’s Bank of China (PBOC) revealed to the media. China launched a special app of e-...

Binance CEO Changpeng Zhao has reiterated his support for Twitter under the leadership of tech mogul Elon Musk. Zhao has said that Binance’s investment of $500 million (roughly Rs. 4,133 crore) stays in place now that Twitter is projected to be a tool of Web3 expansion.

Soulbound tokens are non-transferable NFT, which are unique to an individual, storing relevant data like education credentials, employment history, club memberships etc.

Nomad, a cross-chain bridge lost $200 million (roughly Rs. 1,570 crore) in an exploit attack. No ‘one culprit’ is responsible for the Nomad attack. Sam Sun, a Paradigm researcher has explained that a recent update to a Nomad smart contract made it convenient for users to spoof transactions and withdraw funds from the bridge, which originally di...

A TDS deduction of 1 per cent was announced by Finance Minister Nirmala Sitharaman in the Union Budget 2022-23 on all virtual digital asset transfers

Hot Mic with Nidhi Razdan: It was touted as the next big thing of the future. In the last few years, the cryptocurrency market has boomed in several countries and those who took a chance and invested in it, made millions.

Nike is delving deep into exploring the use cases of Ethereum Name Service (ENS) domains. The ENS is a distributed, open, and extensible naming system capable of mapping human-readable names like ‘xyz.eth’ to machine-readable identifiers. Artifacts.eth, rtfkt.eth, skinvial.eth, drmos.eth, mintvial.eth, and dreamos.eth are among other ENS domain...

Personal data such as an investor's name, address, and phone number can be traced

There are some practical problems in making payments using Bitcoin or other crypto coins

Because both networks provide similar services, Cardano and Ethereum are compared

The solution for crypto investors is to hold their assets in self-hosted or non-custodial offline wallets.

The founder of the failed crypto exchange FTX has written to his former employees apologising for his role in its collapse and continuing to insist its downfall can be solely explained by a misplaced $8 billion (roughly Rs. 64,940 crore).

FTX implosion has explained the need to bring the crypto world within the regulatory framework, Bank of England Deputy Governor Jon Cunliffe said on Monday. He added that FTX's woes highlighted the need for regulators to put in place tighter controls as quickly as possible. Currently, crypto firms in Britain only have to show they can put in place ...

FTX founder Sam Bankman-Fried, facing mounting legal challenges over the collapse of his cryptocurrency exchange, may have harmed his defense by speaking publicly in recent days, legal experts said. Bankman-Fried has sought to explain the implosion of FTX and disparaged government regulators in posts on Twitter and conversations with reporters. Att...

From daily crypto news pieces and market updates to explainers, interviews, and opinion pieces, the 5 best crypto blogs you can find in India.

China’s CBDC was designed to focus on user privacy and ensuring financial security. Safeguarding user privacy and zeroing-in on ensuring financial security for the people were the two key features that were given most importance, Yi Gang, the governor of the People’s Bank of China (PBOC) revealed to the media. China launched a special app of e-...

Binance CEO Changpeng Zhao has reiterated his support for Twitter under the leadership of tech mogul Elon Musk. Zhao has said that Binance’s investment of $500 million (roughly Rs. 4,133 crore) stays in place now that Twitter is projected to be a tool of Web3 expansion.

Soulbound tokens are non-transferable NFT, which are unique to an individual, storing relevant data like education credentials, employment history, club memberships etc.

Nomad, a cross-chain bridge lost $200 million (roughly Rs. 1,570 crore) in an exploit attack. No ‘one culprit’ is responsible for the Nomad attack. Sam Sun, a Paradigm researcher has explained that a recent update to a Nomad smart contract made it convenient for users to spoof transactions and withdraw funds from the bridge, which originally di...

A TDS deduction of 1 per cent was announced by Finance Minister Nirmala Sitharaman in the Union Budget 2022-23 on all virtual digital asset transfers

Hot Mic with Nidhi Razdan: It was touted as the next big thing of the future. In the last few years, the cryptocurrency market has boomed in several countries and those who took a chance and invested in it, made millions.

Nike is delving deep into exploring the use cases of Ethereum Name Service (ENS) domains. The ENS is a distributed, open, and extensible naming system capable of mapping human-readable names like ‘xyz.eth’ to machine-readable identifiers. Artifacts.eth, rtfkt.eth, skinvial.eth, drmos.eth, mintvial.eth, and dreamos.eth are among other ENS domain...

Personal data such as an investor's name, address, and phone number can be traced

There are some practical problems in making payments using Bitcoin or other crypto coins

Because both networks provide similar services, Cardano and Ethereum are compared

The solution for crypto investors is to hold their assets in self-hosted or non-custodial offline wallets.