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Ethical Hacker Turned Rogue: The Intriguing Case of Shakeeb Ahmed

Introduction: In a recent turn of events, a cybersecurity professional found himself at the center of a high-profile hacking incident involving a cryptocurrency exchange. Shakeeb Ahmed, a 34-year-old senior security engineer, was indicted by the U.S. Attorney’s Office of the Southern District of New York for his alleged involvement in hacking and stealing approximately $9 …

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XRP Wins Against SEC

XRP Wins Against SEC, XRP Price Surges: What It Means for Cryptocurrency Industry In a recent court ruling, Ripple, a cryptocurrency company, achieved a partial victory in its legal battle with the U.S. Securities and Exchange Commission (SEC), providing some clarity for the cryptocurrency industry. The U.S. District Court of the Southern District of New …

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NITI Aayog and UNDP admit Blockchain-Based Caste Certification Project for Tribals (2023)

Empowering Marginalized Communities: Blockchain Pilot Project Ensures Authenticity of Caste Certificates A groundbreaking pilot initiative in Etapalli, Gadchiroli has garnered recognition and praise in a recent report by NITI Aayog and the United Nations Development Programme (UNDP). This project, aimed at tribal populations, successfully issued an impressive 65,000 caste certificates utilizing the power of blockchain …

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Gemini to Establish Engineering Hub in India in Order to Attract Top IT Talent for Global Expansion

Gemini, a leading cryptocurrency exchange, has announced its intention to establish an engineering hub in India, recognizing the country’s abundance of skilled technology professionals. The upcoming hub, located in Gurgaon, will serve as Gemini’s second-largest engineering center, following its primary hub in the United States. Pravjit Tiwana, currently Gemini’s global chief technology officer, will assume …

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JPMorgan Collaborates with 6 Major Indian Banks to Introduce Blockchain-Powered Platform for Interbank Settlement.

JPMorgan has teamed up with six prominent Indian banks to introduce an innovative blockchain-powered platform designed to ease the interbank settlement of U.S. dollar transactions. This collaborative effort includes HDFC Bank, ICICI Bank, Axis Bank, Yes Bank, IndusInd Bank, and JPMorgan’s own banking unit at GIFT City. The primary objective of this platform is to …

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The Crypto World Trading.net Scam Revealed, the CEO Accused, the Police Involved, and Lessons Learned

The Crypto World Trading.net scam, masterminded by Vikas Kalda, targeted unsuspecting investors with promises of tripled returns within five months. Over 140 victims have been identified so far, with the actual number believed to be higher. Law enforcement agencies are actively pursuing Kalda and his accomplices. This scam serves as a reminder of the dangers …

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Indian companies started accepting payments in cryptocurrency.

In a significant shift, businesses in India have embraced the acceptance of cryptocurrency as a payment method. This progressive move highlights the country’s evolving stance on digital currencies, signaling a growing recognition of their potential and a willingness to integrate them into everyday commercial transactions, shaping the future of finance in India. 1. The Rug …

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Ethereum Co-Founder Vitalik Buterin and Crypto Relief Donate $100 Million for COVID-19 Research and Medical Infrastructure in India

Ethereum co-founder, Vitalik Buterin, and India-based crypto fund, Crypto Relief, have joined forces in a commendable act of generosity, pledging a total of $100 million towards COVID-19 research and the development of essential medical infrastructure in India. This collaborative initiative demonstrates the urgent need for a global solution that combines scientific innovation with practical implementation …

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What Happened to Crypto Market? 2023

“Crypotcurrency Market Struggles with Volatility and Regulatory Challenges“ The crypto market experienced volatility and decline after the FTX fallout in 2022. Bitcoin and Ethereum saw a comeback in 2023 due to improved economic conditions and lower inflation. However, the ongoing issues between Binance and the SEC caused a significant drop in cryptocurrency prices. These events …

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Deputy Governor Mahesh Kumar Jain urges banks to adopt AI and blockchain for sustainable growth and stability.

Deputy Governor Mahesh Kumar Jain, representing the Reserve Bank of India (RBI), has advised Indian banks to adopt artificial intelligence (AI) and blockchain technology to ensure sustainable growth and stability. Speaking at an RBI conference for bank directors, Jain emphasized the importance of effective corporate governance and the need to address emerging risks such as …

Deputy Governor Mahesh Kumar Jain urges banks to adopt AI and blockchain for sustainable growth and stability. Read More »