Category

Blockchain and Crypto

Category

On Friday, April 22, it was all over the news that the world’s largest crypto exchange (in terms of Trading Volume), Binance had purposely leaked user data to the Russian authorities. Further, as per a Reuters’ special report, Russian Intelligence agencies wanted Binance to share its user’s data to help them track down users engaged in criminal activity. However, it is reported that the ruling government had an ulterior motive for this which was to…

Flexa is an instant payment and anti-fraud network for digital assets. Using a Flexa-enabled wallet app, anyone can spend a variety of cryptocurrencies, ERC20 tokens, stable coins, and rewards points – instantly, privately, and for free – on multinational brands across the United States and Canada. Paying with Flexa takes less than a second, in-store or online. And because Flexa is essentially made up of decentralized infrastructure, its network is faster, safer, and more secure…

The Aave Protocol is an open-source, decentralized, non-custodial liquidity protocol on Ethereum that allows users to provide and borrow crypto assets, and profit from the assets provided to the protocol. The yield of all crypto assets on offer adjusts automatically and algorithmically based on supply and demand. After providing crypto assets, users can borrow other assets as long as they have provided sufficient security. The Aave protocol also allows users to participate in single-block borrowing…

As the Russia vs Ukraine war progresses, various financial organisations and governments have pointed out multiple times the possibility of Russia being able to evade the economic sanctions put on them via unscrupulous means mainly one of them being cryptocurrency. As crypto transactions aren’t based on any traditional economic networks, it is hard to track and block. Recently, the IMF has pointed out and warned again that Russia may be planning to use its vast…

Inflation is one of the most important economic elements that determines a country’s costs and affordability. It has the ability to both increase demand during a recession/economic slowdown and devalue millions of people’s wealth at the same time. It has suddenly become a buzz term in the economy during the last couple of years, as the price of everyday commodities in India has begun to rise. Looking at the facts, India’s average inflation rate has…

Nobody can deny that UPI (Unified Payments Interface) has been a huge success in India. Paytm, Google Pay, and PhonePe, for example, are now accepted practically everywhere else, including retailers, e-commerce platforms, and brick-and-mortar stores. Today, almost everyone with a smartphone uses one of these apps to make payments. The National Payments Corporation of India (NPCI) is the organisation in charge of India’s huge payment and settlement system. The UPI Infrastructure, which allows for free…

Advantages of blockchain in payments services Blockchain enables fast, secure, low-fee global price processing services (and different transactions) through using encrypted allotted ledgers that offer depended on real-time verification of transactions without the want of intermediaries along with correspondent banks and clearinghouses. The blockchain era became first all used to help decentralized virtual currencies, however, it is now being explored for far diverse situations. It in addition gives the subsequent pinnacle advantages: Removes intermediaries There…

Having a well-balanced portfolio is more important than ever. Investors building personal portfolios must diversify based on multiple factors like risk, asset class, sector, volatility, Inflation & so on. Some might have a higher risk appetite than others by investing a significant portion in riskier bets like Equities & Crypto. Others might look toward allocating a large part of their portfolio to safe-haven assets like Gold, Silver & Fixed Deposits. Before we talk more about…

It’s all over the news by now about the world’s richest man, Elon Musk offering to acquire the whole of Twitter for $54.20 per share which amounts to a total of about $43 billion on Thursday morning. Elon Musk has further clarified that he has some very specific changes in his mind for Twitter which he would like to implement once he can acquire it. He stated that Twitter has become a de facto town…