Blockchain

The ambition is predictably audacious from a crypto community built to gut out the middlemen and outsmart the regulator

Blockchain firms come to India for ‘daily active user farming’, says Polygon’s Sandeep Nailwal

Nailwal shared that India provides global blockchain firms access to massive number of Web3 developers, whom they can get to build applications on top of their chains at very low fees or for free.

Polygon Foundation names co-founder Sandeep Nailwal as CEO in a strategic shift

L2 blockchain firm Polygon is gearing up for business strategy overhaul under Nailwal’s leadership

After cyber-attack, Bengaluru water board mulls blockchain technology to enhance digital security

According to BWSSB, cyber-attack occurred on April 11, targeting its online portal for water connection applications.

MC Interview | On Aptos, 7 out of top 10 applications are from Indian founders: CTO Avery Ching

L1 blockchain startup Aptos plans to double down on its India investment, after seeing nearly 6.5 million out of its 8.5 million total monthly active addresses coming from India, Ching said.

India will account for 20-30% of the next billion Web3 users: Soneium’s Sota Watanabe

‘Soneium’ is the consumer focused blockchain being developed by Sony Block Solutions Labs, a joint venture between Sony Group and Startale Group.

Nazara Technologies, Lysto to launch Web3 marketing infra platform The Growth Protocol

The Growth Protocol aims to bring greater transparency, equity, and monetary benefits to all participants in the Web3 marketing ecosystem

Crypto world awaits Bitcoin's next move as global adoption grows

Bitcoin has shown little movement in recent months. After a strong start to the year, it has remained stagnant. Since July, the cryptocurrency fluctuated between $56,000 and $63,000.

What India's National Blockchain Framework means for digital governance: Explained

India's new National Blockchain Framework aims to secure digital governance with blockchain technology, promising transparency and trust in public services.

Govt launches Vishvasya-Blockchain Technology Stack, a national blockchain framework to enhance digital trust and governance

MeitY launched the Vishvasya-Blockchain Technology Stack for Blockchain-as-a-Service (BaaS) and introduced the NBFLite platform and Praamaanik to boost digital trust and support blockchain initiatives.

India accounts for 12% of world’s Web 3 developers in 2023, major jump from 3% in 2018: Hashed Emergent report

While there has been an 80% YoY decline in Web 3 funding in India in 2023, Hashed Emergent CEO Tak Lee said that the early stage venture capital firm has started seeing signs of recovery with more startups actively seeking to secure funds.

After 'globally feted' blockchain platform for bonds, NSDL launches similar product for loans

In an exclusive interaction with Moneycontrol, the depository's CEO Padmaja Chunduru explained what the main advantage of this platform would be

Crypto exchange KuCoin registers with FIU-IND, months after its URL was blocked

With this, KuCoin will be setting up a local India team, and collaborate with banks and partners to offer localized payments solutions.

AlgoBharat partners with T-Hub to launch Web 3 startup accelerator programme

Currently calling for applications, the Startup Lab will be a year-long programme, which will select 20 Web3 startups, to offer them intensive technical and business mentorship and access to pre-seed funding

SoftBank-backed Polygon lays off 60 employees, restructures business

Impacted employees will be offered two months' of severance pay and health benefits through the end of February in locations where the company provides health benefits.

Web3 Gaming Market to grow to $614 billion by 2030: Report

The ecosystem is set to grow by 300 percent in the next seven years.

New crypto front ‘Tron’ emerges in Israel’s fight against Hamas: What is Tron?

A new crypto front 'Tron' has emerged in Israel's fight against financing of militant groups such as Hamas or Hezbollah, and this front is a fast-emerging blockchain known as Tron. Tron is an infrastructure that's used to send and receive cryptocurrencies. But why are militant groups turning to Tron and how is Israel tackling the new emerging crypto front? Watch.

Blockchain may hold the answer to fixing a $2.2 trillion FX risk 

After 50 years of trying to speed up cross-border money exchange, technology may have an answer. Completing timed settlement in the existing architecture is fraught with friction but customers are increasingly demanding near instantaneous international transactions just like they do within their national borders 

IndiGG owner Kratos Studios allocates Rs 50 crore to help studios bring their games to blockchain

Through its Kratos Games Network initiative, the Accel and Prosus Ventures-backed startup aims to identify the first set of 10-15 gaming studios by March 2024

Why co-founders are leaving Polygon and what its new version will be

Polygon co-founder Sandeep Nailwal said the world is moving to zero-knowledge proof and the startup's other co-founders are experts in this domain

Polygon co-founder Jaynti Kanani steps down, starts up two new ventures

In 2023, Kanani has started two other startups in the new web and tech-driven content creation space.

AlgoBharat announces advisory committee to advance blockchain innovation

RS Sharma, a former civil servant known for his contributions to digital governance and government program innovation, will serve as the Chair of the India Advisory Committee.

NFT club will allow closer, more meaningful interaction with well-wishers: Tapsee Pannu

Tapsee’s NFT Club aims to form a close-knit group of individuals who can share interests, without the noise that social media brings along with it. Members of the club will get special gifts hand-picked by her.

Nischal Shetty’s Shardeum raises $5.4 million in a strategic round

The capital will be used to build larger communities and projects on the layer 1 blockchain network before its opens for and public use alter in the year, the startup has said

Britcoin may not actually be on Blockchain, BoE executive says

All options are on the table as the UK plugs ahead with research to figure out if a digital pound — which has been dubbed “Britcoin” — is worth building, according to Tom Mutton, who heads the Bank of England’s central bank digital currency (CBDC) project.