Crypto News

The Crypto news category comprises articles and videos focussing on the current crypto market events and developments.

Bank Indonesia will be digitizing the rupiah as legal tender.

Bank Indonesia will be digitizing the rupiah as legal tender.

Indonesia’s central bank (Bank Indonesia) is working to introduce a digital rupiah, which will function as its official legal tender for all electronic transactions within the country. The new currency will additionally be approved as a means of exchange between nations. Bank Indonesia Plans to Expand Digital Rupiah Availability by Year’s End. The Indonesian monetary…

Tether to be Pegged with Sterling as GBPT

Tether to be Pegged with Sterling as GBPT

Cryptocurrencies are digital or virtual tokens that use cryptography to secure their transactions and control the creation of new units. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control. GBPT – Pound Pegged Tether Britain seeks to legislate for regulators to oversee the implementation of some stablecoin coins as part…

Why Crypto crash happens – causes and precaution
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Why Crypto crash happens – causes and precaution

In the past few years, cryptocurrency has been on a rollercoaster ride of ups and downs. However, in the past few months, there has been a significant market fall. So, what led to this crypto market fall? Crypto Market Crashes Cryptocurrency was being called the future of money. Last year the crypto market was seeing…

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“Bored Ape” NFT Company Raises $285 Million Of Crypto In Virtual Land Sale.

The organization at the back of the “Bored Ape” collection of NFTs has raised around $285 million really well worth of cryptocurrency via way of means of promoting tokens which constitute land in a digital international sport it says it’s far constructing. Bored Ape NFT The organization at the back of the “Bored Ape” collection…

A crypto platform has been hit by one of the most powerful DDoS attacks ever.

A crypto platform has been hit by one of the most powerful DDoS attacks ever.

DDoS attacks on Crypto Platform The onslaught was delivered through HTTPS, which puts more strain on a target, and it suggests that attackers are getting more powerful. A Cryptocurrency platform was recently the target of one of the largest distributed denial of service assaults (DDoS attacks) ever recorded, according to Cloudflare, a content delivery network….

The Central African Republic has adopted Bitcoin as its official currency.

The Central African Republic has adopted Bitcoin as its official currency.

The Central African Republic (CAR) has approved Bitcoin as legal tender – just the second country to do so. The Central African Republic is one of the poorest countries on the planet, but it is wealthy in diamonds, gold, and uranium. It has been devastated by conflict for decades and is a staunch Russian ally,…

India to take a considered view on crypto, says Nirmala Sitharaman

India to take a considered view on crypto, says Nirmala Sitharaman

The minister stressed that the government is willing to support innovation and well-founded advancements in distributed ledger technology, such as blockchain. Nirmala Sitharaman on Crypto Finance Minister Nirmala Sitharaman said on April 27 that India will make a careful decision on cryptocurrency legislation, citing concerns about possible misuse. “The decision on crypto will not be…

Binance and IIT Delhi collaborate on a cultural festival, including NFT tickets as a part of the event.

Binance and IIT Delhi collaborate on a cultural festival, including NFT tickets as a part of the event.

Binance, a cryptocurrency exchange, and blockchain platform is supporting a few competitions at the festival. IIT Delhi to Organise “Cryptocon” The Indian Institute of Technology (IIT Delhi) teamed with Binance, a cryptocurrency exchange and blockchain platform, to distribute non-fungible token (NFT) tickets and proof of attendance protocol during its three-day cultural fest ‘Rendezvous’ from April…

Elon Buys Twitter (EBT) Crypto Price jumps 6000% within 24 hours

Elon Buys Twitter (EBT) Crypto Price jumps 6000% within 24 hours

EBT Crypto Price Jump Elon Buys Twitter (EBT) Even before Tesla CEO Elon Musk can buy Twitter, someone created a cryptocurrency called ‘Elon Buys Twitter,’ which has seen a price increase of almost 6000 percent in just 24 hours. According to CoinMarketCap, the EBT token price at 12 a.m. on April 25th was $0.00000003589. It…

Banks are requesting a formal NPCI letter on crypto UPI restrictions.

Banks are requesting a formal NPCI letter on crypto UPI restrictions.

Leading banks have asked the umbrella institution National Payments Corporation of India (NPCI) to spell out in a formal directive the restrictions on using the popular money transfer tool ‘Unified Payment Interface’ to buy and sell virtual digital assets, questioning the “shadow ban” on cryptocurrencies (VDAs). NPCI’s statement on the matter Following “verbal directives” from…

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