June 4th, 2018The Mukesh Ambani-led Reliance Jio Infocomm has started its hunt for a team of experts to work under Akash Ambani regarding the Artificial Intelligence (AI) of the firm. Apart from AI, the company is also seeking for young people to work on machine learning and blockchain technology (a digital ledger in which transactions are...
May 17th, 2018The Internet and Mobile Association of India( IAMAI) has filed a written petition in the Supreme Court requesting a stay against the RBI’s order to not allow banks to provide services to cryptocurrency trading platforms.
IAMAI 's president Subho Ray has confirmed the filing of petition though he was not available to comment on the...
May 16th, 2018The Goldman Sachs Backed startup Circle has announced a new cryptocurrency pegged to the dollar and a $110 million investment round led by profitable crypto-mining company Bitmain on Tuesday.
The company is rolling out a digital version of the U.S dollar with a cryptocurrency pegged to it.
Interestingly, Circle is one of the most...
May 14th, 2018HSBC Holdings, a multinational banking and financial service major has become world's first bank to perform a financial transaction using blockchain technology. The step marks a major boost to efficiency and reduction of errors in the multitrillion-dollar funding of international trade.
The transaction took place successfully by HSBC...
March 23rd, 2018San Francisco-based venture capital firm Blockchain Capital closed a $150 million fund today. As per the press release, the company that focuses investments in blockchain and cryptocurrency have total assets to $250 million under management.
Founded in 2013, Blockchain Capital is one of the earliest and most active investors in the...
March 22nd, 2018A woman living in Delhi has apparently lost around Rs 41 lakh from an unidentified hacker. The resident from Mayur Vihar has lodged a theft complaint to the economic offences wing of the Delhi Police.
According to reports, the woman first lost bitcoins worth Rs 6.5 lakh to hackers who accessed her bitcoin account. The rest of the...
January 2nd, 2018The year 2018 seems "not" to be cryptocurrency friendly!
Ever since the year 2015, it started the year by declining from its value, sliding from an all time high of $19,511, which it reached on December 18.
The virtual coin fell to $13,624.56 as of 5 p.m. in New York on Monday, down 4.8 percent from Friday, according to data...
December 22nd, 2017The world's fifth biggest cryptocurrency Litecoin founder Charlie Lee is all cashed in during a 75-fold rally this year.
Founded back in 2011 in San-Francisco by a software engineer "sold and donated" all of his holdings over a past few days, he said in a Reddit blog post.
The move was under the influence of various accusations...
May 19th, 2017East Brunswick, New Jersey, United States & Bangalore, Karnataka, India- Wipro Limited, a leading global information technology, consulting, and business process services company, today announced that it has developed nine blockchain-based solutions for the Banking Financial Services and Insurance (BFSI), Manufacturing, Retail and...
February 17th, 2017Early stage fund, Axilor Ventures, bets on new opportunities around Fintech; signs up PayU India as the industry partner for its Accelerator Program. Axilor has recently announced doubling the intake for its Summer ’17 Accelerator Program. Fintech is one of the five focus areas for the cohort in the Summer '17 batch. Together with PayU...
December 1st, 2016South East Asia has got its first blockchain incubator and it's started by the team behind GBMiners.com (South East Asia's largest bitcoin mining pool), and backed/invested by Amit Bharadwaj. The incubator is very aptly named Satoshi Studios and is inviting applications from entrepreneurs working in the South East Asia region.
The...
