The United States has overtaken China to account for the largest share of the world’s Bitcoin mining, data published on Wednesday by Britain’s Cambridge Centre for Alternative Finance showed. The figures demonstrate the impact of a crackdown on Bitcoin trading and mining launched by China’s State Council, or cabinet, in late May, which devastated the […]
13
Oct
Oct
In the early days of Bitcoin’s 2009 inception, China was the base for the biggest miner The U.S. has become the world’s epicenter for Bitcoin mining after a crackdown in China effectively eliminated the practice in the former cradle of the industry. At the end of August, America accounted for 35.4 per cent of the global […]
12
Oct
Oct
EU drew massive demand for its first “green bonds”, raising 12 billion euros The EU drew massive demand on Tuesday for its first “green bonds”, raising 12 billion euros ($14 billion) in the world’s biggest issuance of sustainable debt, the European Commission said. “This marks the largest green bond order book ever in global capital […]
12
Oct
Oct
Cryptocurrencies are the hottest new area of focus for investments globally. You just cannot have a conversation with someone these days that doesn’t mention cryptocurrency investments at some point. Currently, the global cryptocurrency market is estimated at $2 trillion, with over 11,000 cryptocurrencies being traded all across. Investing in cryptocurrencies has quickly caught up in […]
06
Oct
Oct
CoinSwitch plans to use the capital to grow its user base to 50 million. India’s largest crypto exchange reached unicorn status in a funding round led by Andreessen Horowitz and Coinbase Ventures, with investors betting on rising demand even as the industry faces regulatory uncertainties. CoinSwitch Kuber raised $260 million at a valuation of $1.9 […]
30
Sep
Sep
Commerce Minister Piyush Goyal has said India is set to become one of the major digital markets India is all set to become one of the largest digital markets in the world as it has the highest financial technology (fintech) adoption rate at 87 per cent against the global average of 64 per cent, Commerce […]
23
Sep
Sep
Bitcoin’s rise has coincided with the pandemic and lockdowns imposed around the world A decade after Bitcoin was launched by a pseudonymous person or group of persons, named Satoshi Nakamoto, it has become the world’s largest and most valuable cryptocurrency. For long, Bitcoin remained in the shadows but in 2017, it began gaining prominence when […]
22
Sep
Sep
Oppo and OnePlus are merging their OSes, what does that mean for Realme? Not much for the immediate future – the brand’s Vice President Xu Qi revealed that Realme UI 3.0 is expected to launch in October. Realme unveiled the GT Neo2 earlier today, the phone will be available next week and will run Realme […]
31
Aug
Aug
CINNO Research has posted its analysis of the smartphone market in China, and the numbers show one big winner – Honor. The newly independent company climbed to third place in its domestic market with 4 million smartphone sales in July, surpassing Xiaomi (3.9 million) and Apple (3 million). Oppo retained the lead with 5.6 million […]
17
Aug
Aug
COVID cases in India have sharply dropped from the peak of second wave in April and May. Serum Institute of India has bought a 50 per cent stake in vials maker Schott Kaisha, the companies said on Tuesday, as the world’s largest vaccine maker aims to secure pharmaceutical packaging to meet rising demand due to the pandemic. […]