Everything You Should Know About Staked Ether

Before we start with Lido Staked ETH (stETH), it is important to understand 2 things – Beacon Chain and Lido. The ‘beacon chain’ is the base on which the Ethereum ecosystem hopes to become secure, sustainable, and scalable. As of now, the Beacon Chain runs in parallel to the mainnet and uses proof-of-stake and when […]

Anti-Crypto Hacking Hotline Established by Chainalysis, Details Here

In a bid to mitigate risks from crypto hacking attempts, blockchain research firm Chainalysis has launched a hotline to accept reports of such events. If entities are approached with suspicious crypto payment requests from strangers, they can call up this hotline and register their alerts. The phoneline will be functional 24×7 and user- grievances around […]

Huobi Global Launches New DeFi-Focussed Investment Arm Named Ivy Blocks

Huobi Global, one of the largest trading platforms in the world by volume, has launched a new venture capital arm aimed at investing in upcoming blockchain, Web 3 and decentralised finance (DeFi) projects. The spinoff is called Ivy Blocks, and has over $1 billion (roughly Rs. 7,770 crore) in assets under management as part of […]

Crypto Investing in a Bear Market

People began talking about another crypto winter in January, when falling prices had wiped out $1 trillion (roughly Rs. 77,69,223 crore) in value from November’s peak. Prices rallied back in March, restoring some of the losses. But we are in the midst of a massive crypto crash yet again and while that means that a […]

Brazil Launches Blockchain Network for Its Public Institutions

The Brazilian government has unveiled a new blockchain network in a bid to combat corruption in public expenses by tracking them efficiently. The network was launched at an event, which was streamed on YouTube took place after a cooperation agreement was signed by the Court of Accounts of Uniam (TCU) and the Brazilian Development Bank […]

Ex-Binance Execs Open $100 Million Fund for Metaverse, Crypto Adoption

Former-Binance executives have put together a funding of $100 million (roughly Rs. 776 crore), in order to further the sectors of cryptocurrencies and the metaverse. The name of this venture fund is ‘Old Fashion Research (OFR)’, created by Ling Zhang and Wayne Fu. During their stint at the crypto exchange, Zhang and Fu served as […]

Tezos India Is Zeroing In on NFT Artists, IT Students: Here’s Why

Non-fungible tokens (NFTs), that exceeded $25 billion (roughly Rs. 1,84,700 crore) in sales last year, have emerged as a delightful new chapter for the artist communities around the world. Marking a gesture of acknowledgement for the next generation of the creative community of South Asia, the upcoming Indian Art Fair in Delhi is set to […]

India’s Blockchain E-Sports Firm ‘STAN’ Raises $2.5 Million in Seed Funding

An equity funding of $2.5 million (roughly Rs. 20 crore) has been bagged by Bengaluru city-based blockchain startup called ‘STAN’. Super angel investors such as Aadil Mamujee from OpenSea and Nakul Gupta from Coinbase participated in this seed round. While US’ General Catalyst investment firm led the funding round, other venture capital firms including Better […]

Terra Now Loses Its Legal Team After LUNA, UST Debacle

The in-house legal counsel at Terraform Labs, the blockchain startup behind the UST stablecoin and LUNA governance token has silently resigned from the company. Terraform Lab’s general lawyer Marc Goldich, chief litigation, and regulatory counsel Noah Axler, and chief corporate counsel Lawrence Florio all left the blockchain business in May 2022, according to their LinkedIn […]

Crypto Optimism Could be Re-Triggered by Developers: Andreessen Horowitz

The cryptocurrency industry should be prepared for a ‘winter’ under the current market circumstances, Andreessen Horowitz (a16z) has said in a recent report. The venture capital firm, that has been supporting several Web3 projects, has advised crypto investors to be patient during these testing times on the belief that losses are often followed by profits […]

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