Archives for crypto

05 Mar

NFTs – Industry Shaker Or Speculative Bubble?

Non-Fungible Tokens (NFTs) have been capturing the headlines lately, with artists like pop star Grimes and EDM producer 3LAU raking in millions of dollars from selling their works linked with these crypto tokens. NFTs entered the market in 2017 as part of ‘crypto kitties‘, a blockchain game using digital cat collectables.  However, in October last…

The post NFTs – Industry Shaker Or Speculative Bubble? appeared first on Analytics India Magazine.

07 Aug

Goldman Sachs Wants Crypto: Plans To Lauch Stable Coin

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image-14621

One of the biggest investment banking firms in the world, Goldman Sachs, has expressed interest in launching its cryptocurrency in the form of a stable coin pegged to the US dollar. Compared to mainstream cryptocurrencies such as Bitcoin and Ethereum, stable coins have the benefit of maintaining its stability of value, and at the same…

The post Goldman Sachs Wants Crypto: Plans To Lauch Stable Coin appeared first on Analytics India Magazine.

18 Mar

Bakkt: NYSE’s $300 Mn Fund Amid COVID19 Proves A Paradigm Shift In Finance

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image-10897

The parent company of New York Stock Exchange, Intercontinental Exchange, has raised funds from prominent investors including Boston Consulting Group, Microsoft’s M12, Pantera Capital, PayU, Goldfinch Partners and CMT Digital for its crypto trading unit called Bakkt. While global markets live in a state of disarray, as the world deals with the ongoing impact of…

The post Bakkt: NYSE’s $300 Mn Fund Amid COVID19 Proves A Paradigm Shift In Finance appeared first on Analytics India Magazine.

06 Mar

Is India Ready To Tackle The Cybersecurity Issues With Crypto Assets?

It is expected that the crypto industry in India will generate demand for more cybersecurity professionals, cybersecurity software, cryptographic experts, etc. This is because the ecosystem around cryptocurrency is incredibly complex for all users, be it end consumers or exchanges which actively manage hot wallet security and databases. Last year in April, RBI had published…

The post Is India Ready To Tackle The Cybersecurity Issues With Crypto Assets? appeared first on Analytics India Magazine.

05 Mar

How Lifting Crypto Ban Will Accelerate Jobs And Blockchain Startups In India

In this article, we take a look at how crypto legalisation can boost the blockchain market growth in India in the context of jobs and startups. We know that the Supreme Court of India on March 4, 2019, cancelled an order by the Reserve Bank of India which had banned banks from supporting cryptocurrency activity…

The post How Lifting Crypto Ban Will Accelerate Jobs And Blockchain Startups In India appeared first on Analytics India Magazine.