Page 7 - Blockchain

Biconomy raises $ 9mn in pvt funding round led by DACM, Mechanism Capital

Biconomy was founded in 2019 and to date, it has raised $10.5 million.

Bitcoin slides below $30,000 level for the first time in a month

Some traders had viewed $30,000 as a key support that might open the way to more losses if breached

Fake Tesla, Apple, Amazon stocks have started trading on blockchains

The synthetic shares join a strange new world of assets, such as digital artwork and highlights of NBA games now trading on blockchains

To ban or not to ban cryptocurrency

As lobbying and counter-lobbying intensify, right now, it looks like a T20 match. We need to wait till the last over is bowled

Explainer: 'Death cross' chart formation adds more worry to bitcoin outlook

For technical analysts watching bitcoin, an important and potentially bearish chart formation just happened in the cryptocurrency: A "death cross"

Why Bitcoin's wild ride bodes well for the future of digital cash

Digital cash with in-built, self-executing software code will alter the future of money in a way that cryptocurrencies never could

Bitcoin carnage: It is too soon to say cryptocurrency bubble has burst

There were signs that a top was near, from the Coinbase IPO to Elon Musk on Saturday Night Live. But the cryptocurrency has risen from the dead before

Blockchain, cryptocurrency can help democratise financial services: PayPal

Digital payments major PayPal said the technological shift brought in by blockchain and cryptocurrency can help democratise financial services and bring in greater financial inclusion

Samsung expands blockchain support on Galaxy smartphones amid crypto boom

Samsung Electronics said on Friday it has expanded support for blockchain users trading virtual assets on its Galaxy smartphones amid rising interest in cryptocurrencies.

Cryptocurrency ethereum hits new record high again; dogecoin slumps

Cryptocurrency ethereum climbed to a new peak for a third straight day on Monday on continued optimism about further growth in decentralized finance or "DeFi"

Banks using unseen digital cash could bring down fees on foreign transfers

Blockchain technology used between banks to settle claims could significantly lower the cut taken from customers

'Speculative excess': ethereum finds new peak in sizzling crypto market

Cryptocurrency ether rose to a fresh record peak on Tuesday before dropping sharply as some investors pulled profits from a white-hot market bulging with questionable new entrants

Competition Commission paper on blockchain tech spells regulatory risk

In case of permission-less blockchains, network participants may be anonymous or pseudonymous - their identities are not known fully - the CCI discussion paper notes

A global first: Tata Steel-HSBC do blockchain-enabled paperless trade deal

The live trade finance transaction involved export of steel by Tata Steel, India to Universal Tube & Plastic Industries, UAE

The 'metaverse' bet: Crypto-rich investors snap up virtual real estate

The work is a non-fungible token (NFT) - a new type of virtual asset that has its ownership status and authenticity verified by blockchain

Whistleblower Edward Snowden's NFT artwork sells for over $5.4 million

NFT stands for non-fungible token

Coinbase Global heads for $91-billion valuation in Nasdaq debut

The San Francisco-based firm was valued at just under $6 billion as recently as last September but has surged in line with bitcoin's gains this year.

Wall Street for all? India's beleaguered cryptocurrency crowd fights back

Mobile banking has indeed emerged as a way to end financial exclusion, a chronic problem in all emerging markets

NFT: Fad or future?

The technology has exploded over the past few months and sales of NFTs, according to many estimates, have now topped $500 million

Visa allows payments using cryptocurrency, says 'seeing demand'

Company said it launched the programme with payment and crypto platform Crypto.com