Search Results for: cryptocurrencies

Instadapp: How two Indian brothers in their 20s put a blockchain startup on the world map

Picture Credit: Samyak Jain and Sowmay Jain; founder of Instadapp On their business model and as to how they earn revenue, Sowmay Jain says: “Instadapp’s revenue model will be to deduct fees on financial volumes and lending/borrowing happening through the platform.” If college dropouts can bloom into tech tsars, ambitious teenagers with their derring-do can …

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Crypto billionaire Vitalik donates $1B worth Shiba Inu and Ethereum currency to India Covid-19 relief fund

Vitalik Buterin, who is the co-founder of Ethereum has donated $1 billion worth of coins to India. HIGHLIGHTS Vitalik has donated $1 billion worth of coins to India. The donation has been made by Vitalik is in a form of a meme digital currency called Shiba Inu coin. Buterin has donated around 500 ETH and …

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Tesla suspends Bitcoin use. Here’s how mining cryptocurrency affects the climate

Mining Bitcoin and other cryptocurrencies could leave adverse impacts on the environment, some fear. Tesla CEO Elon Musk said, “We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel.” Tesla CEO Elon Musk, in what can only be called a …

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Blockchain: A New Momentum for Corporate Social Responsibility

Since the launch of bitcoin in 2009, the popularity of the blockchain technology has piggybacked on the hype of cryptocurrencies. It is the technology on which cryptocurrencies run. Over the past few years, it has evolved beyond being synonymous with cryptocurrencies and is now placed on the pedestal of being a revolutionary technology with soaring …

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