Shomik Sen Bhattacharjee
Gadgets 360
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Past articles by Shomik:
JP Morgan Launches Virtual 'Onyx' Lounge Within Decentraland, Releases Paper Discussing Web3 Potential
JP Morgan has become the first major banking giant to establish itself in the Metaverse by opening a lounge in Decentraland, an Ethereum-based metaverse created based on blockchain technology. → Read More
Crypto Transactions Under Scanner as Canada Invokes Emergency Powers to Counter Truckers’ Blockade
Canadian government authorities will now make use of anti-cash laundering and terrorist financing guidelines that may result in the seizure of cryptocurrencies should they be found financing protestors and prolonging the "illegal" truckers’ blockade. → Read More
Coinbase' Super Bowl Ad Caused So Much Traffic That Its Site Crashed
Cryptocurrency exchange platform Coinbase had a minute-long commercial at the Super Bowl that featured a square QR code that bounced on the screen, as a result of which the app crashed due to extremely high traffic, causing share prices to immediately plummet before recovering the next day. → Read More
Bitcoin, Ether Prices Rise as Russia-Ukraine Crisis Continues to Be a Factor
After a sharp sell-off over the weekend and on Monday, the cryptocurrency market found some buyers near major support levels, marking a 4 percent improvement in market cap for the wider market, however, traders are still on tenterhooks over the Russia-Ukraine crisis. → Read More
Bandai Namco Is Working on a Metaverse Project That Bridges Elements From Its Most Popular Games
Bandai Namco has announced that it plans to develop an “IP Metaverse” for its library of games and is spending $130 million (roughly Rs. 980 crore) on the project as part of a three-year business expansion plan. → Read More
Intel's Crypto Mining Accelerator Is 1,000 Times Faster Than Rivals, Claims Top Executive
Intel has developed a roadmap of blockchain accelerators that will ship in 2022, keeping in mind that certain blockchains require an enormous amount of computing power and thus focused their resources on energy efficiency as a key aspect of its upcoming crypto-mining focused chips. → Read More
Bitcoin, Ether Prices Dip Slightly as Bearish Investors Manage to Peg Back Most Popular Altcoins
Bitcoin bulls have successfully returned the world's most popular digital currency’s price to the $44,000 (roughly Rs. 33 lakh) support level, boosted by encouraging occurrences although a run beyond $45,000 (roughly Rs. 35 lakh) may not happen just yet. → Read More
Viacom 18 Ropes in GuardianLink to Launch 'Fully Faltoo' NFT Marketplace on February 14
Fully Faltoo will offer digital art conceptualised and created by the team that brings to life brands such as MTV, Vh1, and Comedy Central in India. → Read More
Dogecoin Is Switching to Proof of Stake and Ethereum Co-Founder Vitalik Buterin Is Helping
Ethereum co-founder Vitalik Buterin in a recent interview confirmed that he is working with Dogecoin on its journey to switch away from the Proof of Work (PoW) consensus model to a more efficient Proof of Stake (PoS) model while also mentioning that a lot more cryptocurrencies have a similar switch in the pipeline. → Read More
Bitcoin, Ether Lose Positive Momentum While Most Altcoins Suffer From Serious Profit Booking
Despite positive last 10 days, Bitcoin has continued to paddle through deep waters because of an unfavourable market as investors continue to wonder about whether the crypto asset will cross the $40,000-mark (roughly Rs. 30 lakh). → Read More
Bitcoin Is Not a Bear Market Yet, Claims On-Chain Analyst Willy Woo
Despite an influx of capital, BTC whales holding on to their Bitcoin, and even miners keeping hold of their Bitcoin, the price of the cryptocurrency has seen a sharp fall in value from its all-time high in November 2021 but on-chain analyst Willy Woo claims it isn't a bear market just yet. → Read More
Thailand Rolls Back Plan to Levy 15 Percent Tax on Gains Made From Crypto Assets: Report
Thailand has reportedly scrapped plans to impose a 15 percent withholding tax on crypto transactions following a surge in backlash led by the country's youth. → Read More
Bitcoin Holds Up Well to Hover Around $37,000 as Ether, Metaverse Tokens See Uptick in Value
Bitcoin fell on the risk-averse mood hanging over the market through Thursday, but the cryptocurrency held up fairly well, despite negative headlines leading to a fairly positive mood across the market through Friday. → Read More
Cryptocurrency Bill at Union Budget 2022: Here's What to Expect
The union government is unlikely to introduce any cryptocurrency regulation or bill in the upcoming budget session of parliament that end on April 8, but taxations rules for crypto holdings could be discussed soon as continued pressure for regulation begins to mount. → Read More
Crypto Fraud Worth Rs. 4 Crore Traced to Hamas Wallets by Delhi Police’s Cyber Crime Unit
The Delhi Police’s Cyber Cell have said that a Delhi-based businessman’s cryptocurrencies were allegedly stolen and transferred to the wallets of Al-Qassam Brigades, the military wing of Palestinian organisation Hamas. → Read More
Crypto Market Has Shed More Than $1 Trillion in Market Cap Since November, Bitcoin Marks Six-Month Low
Bitcoin dropped to a six-month low on Saturday, extending a steep fall recorded over two months as the cryptocurrency market was swept up in a powerful shift by investors out of speculative assets as additional headwinds arrive in the form of a potential crypto mining, trading ban in Russia. → Read More
Terra Ecosystem Announces Luna Foundation Guard to Safeguard Its Stablecoins From Volatility
Intended to grow the Terra ecosystem and help stabilise it, the Luna Foundation Guard is a non-profit organisation aimed at funding decentralised finance (DeFi) projects that utilise Terra’s stablecoins and building a reserve to maintain Terra’s dollar-pegged stablecoin. → Read More
New York City Mayor Eric Adams Invests His First Paycheck Into Bitcoin, Ether Through Coinbase
As promised during his campaign to run for Mayor, Eric Adams will be converting his first paycheck from US Dollars to Bitcoin and Ether through Coinbase, the largest cryptocurrency exchange in the US. → Read More
Bitcoin, Ether See Red as Wider Crypto Market Falls Prey to Macro Economic Factors
Bitcoin and the broader crypto market remain subject to the whims of macro variables as the values of all altcoins fell by considerable margins on Friday despite a positive showing through Thursday. → Read More
Kevin O'Leary Believes Bitcoin Mining Will See Boom in Institutional Investment in Coming Years
Shark Tank investor and Canadian businessman Kevin O’Leary is positive about Bitcoin mining as an investment strategy and has hinted in an interview that he's probably going to start his own mining operation sometime this year. → Read More