Tag Archives: India

Roundup – 15/02/2019 – Russian Minister of Justice: No Need to Further Regulate Cryptocurrencies & more

Russian Minister of Justice: No Need to Further Regulate Cryptocurrencies The Russian Minister of Justice, Alexander Konovalov, declared that there is no need to regulate cryptocurrencies as of now. The Russian constitution would provide enough clarity for the moment. It declares that the only legal currency of Russia is the Rubel and that no other […]

Roundup – 07/02/2019 – Zcash Developers Disclose Major Bug Fix & more

Zcash Developers Disclose Major Bug Fix The Zcash team has published a blog post in which they describe the XXX bug in Zcash’s code. The bug posed a major security flaw in Zcash’s network as it could have been exploited to create more coins than intended on the network. The vulnerability existed for years and […]

Roundup – 05/02/19 – Coinsquare Hit by Crypto Winter – Next Exchange to Lay Off Its Staff & more

Coinsquare Hit by Crypto Winter – Next Exchange to Lay Off Its Staff Coinsquare is the most recent exchange that was hit by the crypto winter. The exchange had to layoff 40 of its employees in total which represents a third of Coinsquare’s total staff. Among the laid off employees are also two executives, CFO, […]

Global Economic Map To Change By 2030, What It Means For Crypto Markets

By Nominal GDP, the USA is the largest economy in the world as at Q1 2019 with $19.39 trillion. China comes at a distant second with $12.01 trillion. Japan, Germany, and the UK follow with $4.87 trillion, $3.68, and $2.62 trillion respectively according to data from the World Bank. Data from the Standard Chartered Plc., […]

Roundup – 11/01/2019 – Bitcoin Wallet Samourai Removes Security Features Due to Google Policy & more

Bitcoin Wallet Samourai Removes Security Features Due to Google Policy Samourai offered its clients security features like SMS commands, stealth mode and SIM switch defense. Unfortunately, these belong to the past for now. As Google enforces its “Walled Garden” strategy. This is a known policy among tech services that streamlines all content, media and operations […]

Roundup – 27/12/2018 India: Bitcoin Legislation At Turning Point & more

India: Bitcoin Legislation At Turning Point While Bitcoin trading has been banned in India for most of 2018, the country could have come to a turning point. The government set up committees in Q2 2018 to research whether or not cryptocurrencies should be legitimized or not. The first committee supported the ban and it looked […]

Roundup – 26/11/2018 – Ohio Citizens Can Pay Their Taxes in Bitcoin in the Near future

Ohio Citizens Can Pay Their Taxes in Bitcoin in the Near future The Wallstreet Journal reported that citizens of the state will be able to pay their taxes in Bitcoin soon. The government of Ohio contracted Bitpay to handle payments in BTC and to convert them into Dollars in real time. Josh Mandel, the state […]

Roundup – 06/11/2018 – Unknown Token Makes up Large Part of Gas Activity on Ethereum Blockchain

Unknown Token Makes up Large Part of Gas Activity on Ethereum Blockchain An unknown token is responsible for driving up the gas price on the Ethereum network. The token is called Omniscience Dedication Financial. The holder address sends out various amounts of ODF to addresses. According to the Gas monitoring website ETHgasstation.info, The token accounts […]

HSBC Unveils Blockchain-Powered Payment System For India

Britain’s HSBC Bank has transacted the first international payment service in India. The award-winning Bank used Blockchain technology to construct a secure platform for proffering issuance of electronic bills of lading and letters of credit. In this particular case, HSBC executed an export deal between the Mukesh Ambani that is part of the Reliance Industries […]

Roundup – 26/10/2018 – Chinese Court Classifies Crypto as Economic Property & more

Chinese court rules owning and transacting cryptocurrencies is legally protected The Shenzhen Court, an arbitration court in China decided that transacting and owning cryptocurrencies is protected by law. The court ruled (Chinese)  that cryptocurrencies have the legal status of economic property. Therefore, the government cannot rule to forbid the trade of cryptocurrencies. However, the People’s Bank […]
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