Ayushi Sharma

FM’s Views On Crypto Trading Norms In India

8Mar

By Ayushi Sharma2 Comments

Bitcoins, Blockchain, news

FM’s Views On Crypto Trading Norms In India

The cryptocurrency industry in India is relieved at Union finance minister Nirmala Sitharaman’s comments that the government will take a “calibrated" approach to crypto trading norms in the country. The minister said “negotiations and discussions" are going on with the Reserve Bank of India (RBI) on how to regulate cryptocurrency in India. “Obviously, the RBI will take a call on what kind of official currency, cryptocurrency will have to be planned and how it has to be regulated," she said in an interview with CNBC TV18 on Saturday. “The finance minister’s stance on ‘considering a calibrated approach’ is an encouraging sign. We are a 100-plus staff company with some of the best talents emerging out of some of the premier institutes of India like the Indian Institutes of...

6Mar

By Ayushi SharmaNo Comments

Bitcoins, news

Elon Musk Loses $27 Billion on Monday

The Tesla Inc Chief Executive officer Elon Musk loses $27 Billion since Monday as shares fell off. His $156.9 billion net worth is still holding him the second position. But the difference from the world's richest tag is now of $20 BILLION. Tesla was roaring in terms of worth last year. It showed 743% in 2020, giving new heights to his stake. it also unlocked an obscene amount of money through his historic move of "moonshot". His gains continued the next year. Moreover, in January he dethroned Jeff Bezos from world's richest tag. Musk's fortune lifted to $210 billion, according to the index, a ranking of the world's 500 wealthiest people. Consistent quarterly profits, the election of President Joe Biden with his embrace of clean technologies and enthusiasm from retail investors fu...

Musk’s SpaceX Starship Explodes After Landing

5Mar

By Ayushi Sharma1 Comment

Information Technology, news

Musk’s SpaceX Starship Explodes After Landing

The SpaceX Starship SN-10 prototype lifted off at 5:15 pm in Boca Chica, on Wednesday from the Seaside launch pad. The rocket then flew at an altitude of about 10kms before taking a lean on the pad. Soon after that, the rocket was ignited with fire and lifted into the air by an explosion. Until that point, the rocket appeared to achieve a key milestone with its first stable landing in three attempts. After its ascent, Starship shut off its three Raptor engines and performed a controlled "belly flop" descent, then reignited its engines to make a vertical landing. Starship SN10's post landing demise is unfortunate but still, everyone at SpaceX can chalk todays flight test up as a huge success. Become a patron at the link below for photo downloads, behind the scenes goodies, and more. @...

India’s Largest Crypto $2 Billion In Trading Volumes

4Mar

By Ayushi SharmaNo Comments

Bitcoins, news

India’s Largest Crypto $2 Billion In Trading Volumes

India's top cryptocurrency exchange almost doubled its trading volume in February. India's Largest Crypto $2 Billion In Trading Volumes. This is coming out as a bit of a shocker after the rumors govt imposing ban on cryptocurrency. Nischal Shetty, founder of WazirX, the largest crypto exchange in India, stated the company hit $2.3 Billion in trading volumes on 21 Feb. However, volume on 20 December was $500 million, and $1.4 Billion on January 21. WazirX has been growing fast 🚀 A major reason for our growth is YOU. Volume growth: Dec 20 - $500M Jan 21 - $1.4B Feb 21 - $2.3B Thank you for placing your trust on us. We’ll continue to work hard & serve all our customers. We’re growing & learningWazirX — Nischal (WazirX) ⚡️ (@NischalShetty) March 3, 2021 M...

Starlink Internet: Price and Availability in India

3Mar

By Ayushi SharmaNo Comments

Information Technology

Starlink Internet: Price and Availability in India

As per the news on the official website, Starlink Internet is expected to reach India by next year. The exact time and date are yet to be shared. For the pre-orders only main cities like Delhi, Mumbai, Bengaluru, Hyderabad, Chennai are covered. How to pre-book Starlink Internet? Cost and Everything. The Starlink can be pre-booked quite easily. Log in to Starlink's official website, on the homepage you will see the option to order. Users would require to enter a PIN code, and select the area to proceed by clicking on 'Order Now'. A new page will open and enter your details and payment has to be done in stipulated time. If you fail to do it in the time provided, Starlink would cancel the process and reload the homepage. Starlink in India: A Threat To JIO Empire? Hence, the users ...

China Declares War on Crypto Mining; Bitcoin Rises

2Mar

By Ayushi SharmaNo Comments

Bitcoins, Blockchain

China Declares War on Crypto Mining; Bitcoin Rises

China declares war on crypto mining and eradicates all the projects by April. Inner Mongolians of China will take further steps to cancel this power-hungry practice. According to Inner Mongolia Development and Reform Commission's website, banned new digital coin projects. This draft came into the public eye on February 25. The region now aims to cut emissions per unit of gross domestic product by 3% this year and control incremental growth of energy consumption at about 5 million tons of standard coal, according to the draft plan. Chinese officials first outlined proposals in 2018 to discourage crypto-mining -- the computing process that makes transactions with virtual currencies possible but consumes vast amounts of power. Inner Mongolia, which is clustered with ...

Identity of Satoshi Could Harm Crypto Market

1Mar

By Ayushi Sharma1 Comment

Bitcoins, Blockchain

Identity of Satoshi Could Harm Crypto Market

Bitcoin hit an all-time high as the market value reached $1 trillion. Everyone knows it is started by an unknown group of people under the name of Satoshi Nakamoto. Cryptocurrency exchange Coinbase has issued an IPO filing with a concern. If the inventor of bitcoin is revealed, the crypto market of Bitcoin and Ethereum can go down. However, not to get fooled by the name, Satoshi can't be Japanese. According to reports by Independent.co.uk, he holds 1.1 million of the total bitcoin market. Moreover, his existence is believed to have a socio-economic impact. In 2008, a white paper titled, Bitcoin: A peer-to-peer electronic cash system, by an anonymous. Therefore, there have been many failed attempts to unveil Santoshi's identity. The crypto market saw a hike in Bitcoin's price after El...

Govt Reforms Rules For Social Media & Internet

26Feb

By Ayushi Sharma2 Comments

news

Govt Reforms Rules For Social Media & Internet

On February 25, the government introduced a new set of rules for social media & internet. The idea behind this is to keep a track of the information shared on the OTT platforms. And to see what type of content is being served to which category of audience. Some key takeaways from the Intermediateries and Digital Media Ethics Codes Rules, 2021: A monthly compliance report has to be submitted by the publisher. It will consist of all the grievances received and how they tackled them, everything in detail. OTT platforms such as Netflix, Amazon Prime, Alt Balaji, etc have to categorize content according to the viewing age. Like U (Universal), U/A (above 7), U/A (13+), U/A (16+), and A for Adults. Content published by OTT platforms and other online publishers should be respectf...

Cryptocurrency Qoin Terminated From Australia

26Feb

By Ayushi Sharma1 Comment

Bitcoins, Blockchain

Cryptocurrency Qoin Terminated From Australia

Blockchain Australia has rejected the membership of its cryptocurrency Qoin. Qoin has nearly 28000 validated merchants. Blockchain Australia issued a statement that Qoin "has been asked to remove the Blockchain Australia logo and name in use of any promotional activity". Blockchain Australia represents almost 70 organizations working in digital currency. Organizations like Victoria's Department of Economic Development, Jobs, Transport and Resources. Qoin's chief marketing officer, Andrew Baker expressed his disappointment with the regulation. But they do not want any disciplinary action to affect trade. Andrew said, "we are licensed to do what we do, we do it within the means of law". Blockchain Technology Benefits To Be Exploited: Reserve Bank Of India Concer...

Blockchain Technology Benefits To Be Exploited: RBI

25Feb

By Ayushi Sharma2 Comments

Blockchain, news

Blockchain Technology Benefits To Be Exploited: RBI

RBI Governor Shaktikanta Das, on Wednesday, expressed his concern over the impact of cryptocurrencies. They are feared that cryptocurrency may have on the financial stability of the country. Blockchain technology is still supported. In an interview, he voiced out the major concerns related to cryptocurrencies. RBI has already filed a petition for the ban to the government. It is under consideration and they will soon make a decision with the involvement of the government and parliament. He clearly stated that; blockchain technology is different. Therefore, the government is planning to make the best use of it in the coming future. But crypto has concerns over the financial stability angle and reported the same to the officials. Blockchain Stocks to invest other than crypto However...