• Big Banks Want to Destroy Bitcoin Before it Destroys Them

    img


    New Delhi: It seems as if the talk of "the people's currency" has started to sting the ears of those who traditionally have a monopoly of money, banks and governments. Recent negative statements by big banks, and governmental crackdown on digital currencies and ICOs can be seen as fightback by these institutions to the growing popularity of Bitcoin. Bitcoin always has had the potential to be a new currency free of control by big banks and governments, but as adoption has spread, the threat has become real. Limiting its potential It should not be seen as surprising that banks, such as JP Morgan,...Read More


  • Chinese Bitcoin Exchange BTCC to Suspend All Trading on Sep 30

    img


    Bhopal: 14/09/2017, In significant news coming out of China, one of the country's "big three" exchanges, BTCC, has announced it will stop trading of cryptocurrencies this month. Shanghai-based BTCC wrote on social media: After carefully considering the announcement published by Chinese regulators on 09/04, BTCChina will stop all trading on 09/30.


  • Can rupee be replaced? RBI looking into cryptocurrencies, not comfortable with bitcoin

    img


    New Delhi: The Reserve Bank is uncomfortable with "non-fiat" cryptocurrencies such as Bitcoin, its executive director Sudarshan Sen said today. "As regards non-fiat cryptocurrencies, I think we are not comfortable," Sen said addressing the India Fintech Day conference here. Elaborating on what is a non-fiat cryptocurrency, Sen said, "Bitcoins for example. That's a private cryptocurrency." The fiat cryptocurrency is a digital currency which will be issued by the Reserv .. According to some media reports, there has been a growing number of investors in such currencies over the last few year...Read More


  • Amazon.in opens its Largest Fulfilment Centre in India

    img


    New Delhi: Ramps up storage capacity to 3.2 million cubic feet in Telangana in time for the festive season - Increased storage capacity with the launch of this 5 th FC in Telangana - Faster order fulfilment to customers in Telangana and the neighboring regions. - Further support the 2X growth of sellers in the State. 8 September 2017: Amazon today announced the expansion of its infrastructure footprint opening its largest fulfilment center in India with the view to enhance customer experience just ahead of the festive season. Covering over 400,000 square feet with close to 2.1 million cubic feet o...Read More


  • Ripple Expands Its Daily Operations in India

    img


    Mumbai: While the cryptocurrency market is recovering nicely amid the ICO ban in China, popular cryptocurrencies, such as Ripple, are still developing and expanding their day-to-day operations. Ripple announced that it had successfully expanded its operations to India by opening up an office in Mumbai. The new office will be directed by Navin Gupta. All trading involves risk. Only risk capital you're prepared to lose. This is not investment advice. "India is transforming itself into a digital economy and is an innovative leader in payments. Our new office in Mumbai, led by Navin, will allow us t...Read More



ÔĽŅ