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“# Buterin’s $1B SHIB donation tricky to cash out, says fund manager ” Just $20 million of the $1 billion in cryptocurrency that Ethereum (ETH) co-founder Vitalik Buterin donated to a Covid-19 relief fund in India has so far been cashed out and distributed to aid recipients. Figuring out why the process is not as…
“# Solana hackathon aims to bolster crypto innovation in India ” Blockchain platform Solana announced an open invitation to Building out Loud, a hackathon venture exclusively for Indian developers and entrepreneurs. According to the official statement, Solana plans to launch the 3-week long event in collaboration with Devfolio and YouTube influencer Superpumped. Solana’s announcement consists of…
“# India to use Ethereum blockchain to verify diploma certificates ” The Government of Maharashtra recently announced a partnership with Indian blockchain startup LegitDoc to implement a credentialing system powered by Ethereum (ETH) for providing tamper-proof diploma certificates. In an effort to counter the rise in document forgery, the Maharashtra State Board of Skill Development…
“#Pandemic leaves Indians mired in massive medical debts” NEW DELHI — As coronavirus cases ravaged India this spring, Anil Sharma visited his 24-year-old son Saurav at a private hospital in northwest New Delhi every day for more than two months. In May, as India’s new COVID-19 cases broke global records to reach 400,000 a day,…
“# Reserve Bank of India mulls first steps toward an eventual CBDC ” The Reserve Bank of India, or RBI, continues to investigate the issuance of a central bank digital currency, or CBDC. T Rabi Sankar, the deputy governor of RBI, said in a speech organized by the Vidhi Center for Legal Policy that private…
“# Indian regulator probes crypto exchange for alleged forex law violations ” Mumbai-based crypto exchange WazirX has been the target of much of India’s regulatory heat as the company continues to attract local investors. In the latest run-in with the government, the Directorate of Enforcement (ED) issued a show-cause notice to WazirX for allegedly violating…
“#Mumbai landslides kill at least 25” MUMBAI – At least 25 people died in three Mumbai suburbs when several houses collapsed after landslides triggered by heavy rain, local officials said on Sunday. Rescuers were seen using their hands to dig up the ground and retrieve bodies, local television showed, and authorities said more victims could be…
“#Crazy monkey breaks into liquor store, drinks bottle of Kahlua” Someone send this monkey to AA! A liquor-loving macaque broke into a bottle shop in Madhya Pradesh, India, this week and brazenly drank a bottle of Kahlua in front of the shop’s owner. A thirsty macaque drinks a bottle of Kahlua in front of the…
“#Monkey gets drunk after swiping wine from liquor store” He was drunk as a monk. A cheeky monkey in India proved that primates possess more human characteristics than some may realize after he entered a liquor store and downed a bottle of wine. A News Lions video of the boozed-up ape is currently blowing up…
“# Softbank leads $800M investment for banking app Revolut ” Revolut, a major British banking app featuring cryptocurrency investment, has secured $800 million in a new funding round. The new investment round is led by Japanese financial giant SoftBank and United States hedge fund Tiger Global, which collectively hold around 5% in Revolut, CNBC reported…