Blockchain.com’s head of research Garrick Hileman discusses the interest of Indian banks in the crypto space. Garrick Hileman, the head of research at Blockchain.com, shared in an interview today that Indian banks are showing interest in cryptocurrencies but are also skeptical of heading further into this space due to the regulatory uncertainty. While speaking to […]
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Indian Prime Minister Narendra Modi has publicly endorsed blockchain as an investment opportunity. The Prime Minister of India, Narendra Modi, has endorsed blockchain as an ‘opportunity in frontier technology’, renewing hopes that the country is warming to cryptocurrencies. In a keynote address at the India Ideas Summit, hosted by the US-India Business Council on Wednesday, […]
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Numerous emerging crypto markets are showing dramatic growth in P2P trade, with India and Ghana producing enormous growth during 2020. Half a dozen emerging markets have established new records for weekly peer-to-peer (P2P) Bitcoin (BTC) trading, including India, Ghana, the Philippines, Argentina, Mexico and Egypt, according to data published by Useful Tulips. India comprised the […]
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The hackers behind the massive Bitcoin ‘giveaway’ scam that hit Twitter are moving funds to gambling and P2P trading platforms. Blockchain forensics firm Ciphertrace has traced funds obtained by the Twitter hackers in the ‘giveaway’ scam to peer-to-peer (P2P) exchanges and crypto gambling sites. On July 21, Ciphertrace reported that 0.2 Bitcoin (BTC) had been […]
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As 336 BTC get stolen from crypto-friendly bank Cashaa, there is still no clear explanation for what happened. On July 11, fraudsters hacked into digital payment platform Cashaa’s over-the-counter desk, which serves Indian customers, and stole 336 Bitcoin (BTC), worth approximately $3.1million. Although Cashaa stated that there have been no users affected by this hack, […]
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In this week’s newsletter, we look at a series of developments that test the limits of governmental authority over crypto, as well as the contest with social media. Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s note New developments in crypto this week […]
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For the first time, the former Finance Secretary of India who proposed a blanket ban on cryptocurrencies discussed digital assets with industry leaders. During a webinar on July 17, the former Finance Secretary of India, Subhash Chandra Garg, discussed cryptocurrencies with Indian industry leaders including Nischal Shetty, the CEO of Indian crypto exchange WazirX, and […]
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South Asia Gateway Terminals becomes first Sri Lankan container terminal joined TradeLens platform. The first private Sri Lankan container terminal, South Asia Gateway Terminals, or SAGT, recently joined IBM and Maersk’s blockchain trade platform TradeLens. It is the first terminal in the country to adopt blockchain technology to digitize its trade processes. In an announcement […]
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Blockchain payments project Ubin can lay the financial blueprint for countries looking to explore crypto tech in a fully regulated manner. With cross-border interoperable blockchain systems gaining traction across the globe, it comes as no surprise that an increasing number of government agencies are looking to explore the full potential of this technology to make […]
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The World Economic Forum believes that blockchain could contribute to a $365 billion savings by 2030 by reducing food loss and waste in the food supply chain. A report published by the World Economic Forum, or WEF, highlighted the critical role of fourth industrial revolution technologies. New technologies like blockchain could help stimulate growth by […]
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