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Blockchain

CRYPTO

RBI wants to ban cryptocurrencies, need for global collab on regulation, says India’s finance minister

The Reserve Bank of India has expressed it’s desire to ban cryptocurrencies to the Indian government, Finance Minister Nirmala Sitharaman revealed, replying to a query in the country’s…

GUNTAS SINGH — 2 MIN READ
India offers 20-year GIFT City tax holiday and 2047 cloud tax exemption to attract global AI and finance hubs
CRYPTO

Crypto firm Harmony faces cyber attack, $100 Mn in digital assets wiped out

US. Based Cryptocurrency firm Harmony has faced a cyber attack, as hackers stole $100 Mn in digital assets off of Harmony’s Horizon crypto bridge. The form confirmed the…

GUNTAS SINGH — 2 MIN READ
StableCoins as an imaginary real coin
CRYPTO

Despite crypto gloom, Andreessen Horowitz announces massive new web3 fund at $4.5Bn

Even after weeks of turbulence, the future of the crypto market continues to be a gloomy one. Between May 7 and May 12, over $56 billion was lost…

SOUMYADEEP SARKAR — 2 MIN READ
Upbit breach suspected to be tied to Lazarus
CRYPTO

CoinDCX launches CoinDCX ventures, commits to Web3.0 ecosystem growth in India

India’s largest cryptocurrency exchange platform CoinDCX, in a display of confidence in the Indian economy’s pending transition to digital assets, has announced the launch of their venture funding…

GUNTAS SINGH — 2 MIN READ
CoinDCX hacked; user funds safe.
CRYPTO

GEM pumps $100Mn in blockchain network ‘5ire’, world’s first sustainability-focused Layer 1 blockchain project

The proceeds from the investment will be deployed towards making recruitments to expand teams across sales, marketing, product development, and other functions, as well as making investments in research and enhancing 5ire’s products.

SOUMYADEEP SARKAR — 1 MIN READ
BUSINESS

Unicorn India Ventures invests $650K in ChitMonks, a blockchain based chit fund platform

Unicorn India Ventures, is announcing a fresh investment from its Rs. 400 crore Fund II, investing $650K in pre Series A round for ChitMonks. The startup aims to…

UPNEET SINGH — 2 MIN READ
NEWS

Reliance invests in Blockchain, has acquired a minority stake in VAKT Holdings for $5.5 million

What would certainly come in as a major push for Blockchain in the country, Reliance Industries, the Mukesh-Ambani owned $140Bn+ conglomerate, has acquired a 5.5 percent stake in…

JEET SUTHAR — 1 MIN READ
Reliance
CRYPTO

HTC Exodus blockchain-based smartphone to launch on October 22

Earlier this year in May, HTC had announced its HTC Evolve blockchain-based smartphone and now it appears that the company is all set to launch the phone on…

JEET SUTHAR — 1 MIN READ
HTC Exodus
ENTERPRISE

Accenture and Microsoft are teaming up to provide over 1 Billion people with their identities

Accenture and Microsoft are teaming up to work on what is possibly the biggest project of its kind. The two companies are linking arms and together will be…

MUDIT MOHILAY — 2 MIN READ
Microsoft
NEWS

Blockchain-powered copyright platform Binded receives $950K from Taizo Son and others

Binded, the U.S.-based copyright platform, has secured $950,000 from Taizo Son’s fund, Mistletoe. The round also witnessed participation from other investors including Vectr Ventures, Japanese newspaper Asahi Shimbun, M&Y Growth…

KAJAL JOSHI — 1 MIN READ
FUTURISM

Toyota is planning to deploy blockchain in vehicles of the future

Toyota is taking some solid steps towards expanding its reach into the space of  autonomous and electric vehicle manufacturing. Through its Toyota Research Institute, the company is planning its future…

STAFF@THE TECH PORTAL — 2 MIN READ
toyota
FUTURISM

BitcoinGrowthFund scores $2.5Mn via initial coin offering, aims to attain a $32Mn corpus

BitcoinGrowthFund, the blockchain-based startup fund headquartered in Dubai, has today announced that it has garnered interest from the global venture capital industry. In less than a week, the…

STAFF@THE TECH PORTAL — 2 MIN READ
BitcoinGrowthFund, zebpay, Bitcoin, crypto currency
ENTERPRISE

IBM releases enterprise-ready blockchain services based on Hyperledger Fabric technology

IBM has been leading the front for building secure networks with the use of Blockchain technology. With regards to the same, the tech giant has today taken the…

STAFF@THE TECH PORTAL — 2 MIN READ
IBM, iOS garage
AUSTRALIA

Standards Australia publishes Roadmap for Blockchain Standards, points out uses and important issues

Australian non-profit organization, Standards Australia recently released a roadmap for Distributed Ledger Technology (DLT), commonly known as blockchains. The report, termed ‘Roadmap for Blockchain Standards Report’ highlights how…

SHAISTHA KHAN — 1 MIN READ
INTERNET

Would you rather have one ounce of gold or a bitcoin?

Ask this question around and the most likely answer you are going to get is the gold. After all, its physically present, is valuable everywhere, can’t be stolen…

MUDIT MOHILAY — 2 MIN READ
BitcoinGrowthFund, zebpay, Bitcoin, crypto currency
FUTURISM

Microsoft, BNY Mellon and others join hands to announce formation of a new blockchain alliance

To facilitate secure transactions across the interwebs, a host of banks and technology giants have started to acknowledge blockchain technologies. But, tech companies are now seeing immense scope for…

STAFF@THE TECH PORTAL — 2 MIN READ
INTERNET

Bitcoin prices have hit an all time high at $1,186 apiece

Bitcoin prices have hit an all time high. The virtual currency has achieved a price of $1,186 per bitcoin. This high comes over 3 years after the previous…

MUDIT MOHILAY — 2 MIN READ
BitcoinGrowthFund, zebpay, Bitcoin, crypto currency
FUTURISM

Foxconn, Cisco, Bosch & others join hands to form a new blockchain and IoT consortium

Blockchain and Internet of Things are currently being seen as technologies that’ll become ubiquitous in the near future. But, there are also individuals who’re working towards the amalgamation…

STAFF@THE TECH PORTAL — 3 MIN READ
cisco
NEWS

KPMG partners with Microsoft to realise the potential of blockchain capabilities

KPMG today introduced Digital Ledger Services, a comprehensive suite of services designed to help companies, especially those in regulated sectors such as financial services. The services are aimed to…

KAJAL JOSHI — 2 MIN READ
ENTERPRISE

ICICI Bank collaborates with Emirates NBD to execute India’s first banking transaction on blockchain

With India being one of the fastest growing economies in the world, the penetration of innovative technologies in the finance sector is inevitable. ICICI Bank, one of the…

STAFF@THE TECH PORTAL — 3 MIN READ
ICICI Bank, Pitch Off S4

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