Bitcoin moved beyond the $30,000 (roughly Rs. 23.5 lakh) mark on Sunday, but the largest cryptocurrency is still behind by roughly 4 percent in order to put an end to the record-breaking bearish streak on a week-on-week scale.

OpenSea NFT marketplace has launched a similar website, but in a decentralised format. The platform will let buyers and sellers get into smart contracts, in order to make transactions safer, surer, and more transparent. OpenSea will not be controlling this new decentralised marketplace. The platform has called out to smart contract makers to optimise, simplify, and re…

India must establish rules on cryptocurrencies to resolve regulatory uncertainty, protect investors, and boost its crypto sector, says CoinSwitch CEO Ashish Singhal on Sunday.

The Ethereum network is due for a new, energy-efficient working model. It is named ‘Merge’, and developers can see it launching as soon as August this year. There are however, certain snags that could delay the launch of this much awaited Ether 2.0 update, that was initially slated for launch in June.

The global cryptocurrency market lost more than $300 billion (roughly Rs. 23,26,265 crore) last week and nearly $1.7 trillion (roughly Rs. 1,31,86,352 crore) in the past seven months. But the impact on US household wealth, spending, and labour supply are likely to be limited, according to Goldman Sachs.

Binance US has appointed former DoJ and Uber official, Krishna Juvvadi, as the head and VP of its legal team. The official will now oversee the day-to-day operations of the company’s legal department. Juvvadi will be reporting to Norman Reed, the general counsel of Binance US.

The crypto price charts are reflecting recoveries for Bitcoin and majority other altcoins. Along with Ether, Binance Coin, and Ripple, even Dogecoin and Shiba Inu saw profits today. A few cryptocurrencies such as USD Coin and Binance USD saw gains, but very minor.

The legalisation of Bitcoin and other cryptocurrencies as a means of payment in Russia is only a matter of time, according to the Russian minister of industry and trade, Denis Manturov.

Coinbase has created a think tank that will be dedicated to the research around crypto policies. This research wing is called the ‘Coinbase Institute Advisory Board’. Academics involved with the law and finance departments of top universities like Harvard, MIT, Duke, and John Hopkins universities of the US will be part of this committee.

Andreessen Horowitz has decided to economically fuel the metaverse and gaming sector. The venture capital firm has pledged a fund of $600 million (roughly Rs. 4,661 crore) in the sector. The name of this fund pool is ‘Games Fund One’ and it will focus on uplifting game studios and gaming infrastructures providers.