Current Affairs

GK MCQs Section

Topic: Crypto Currency

IMF Nine Point Crypto Action Plan

The International Monetary Fund recently unveiled a Crypto Action plan to safeguard monetary sovereignty in the world. The action plan will help countries to frame their crypto policies....

February 24, 2023

Union Budget 2022-23-Highlights

On February 1, 2022, the Union Finance Minister Nirmala Sitaraman presented the Union budget 2022-23. The budget focuses on macro economic growth, energy transition, promoting digital economy, climate...

February 1, 2022

IMF on El-Salvador Bitcoin legal tender

The International Monetary Fund recently asked El Salvador to remove the legal status of bitcoin. What happened? In September 2021, El Salvador became the first country to allow...

January 27, 2022

Solar-Powered Bitcoin Mining facility launched in U.S.

As per owner of Twitter, Jack Dorsey, his payments venture Square will partner with blockchain technology firm Block-stream Mining in a bid to build an open-source, solar-powered bitcoin...

June 7, 2021

SpaceX: “DOGE-1 Mission to the Moon”

SpaceX is to launch DOGE-1, a satellite that is completely funded with crypto currency. Days earlier Musk did mention about DOGE crypto currencies in a TV show he...

May 10, 2021

Turkey bans Crypto Currency payments

The Bitcoin currency tumbled more than 4% after the Central Bank of Turkey banned the use of Crypto currencies and crypto assets for purchases. The bank cited possible...

April 17, 2021

What is NFT Marketplace?

The WazirX, one of the leading cryptocurrency exchanges has recently launched India’s first market place for NFT. NFT is Non-Fungible Tokens. The launch will now allow Indian creators...

April 6, 2021

What is Diem?

Facebook-backed cryptocurrency Libra has been rebranded as “Diem” to gain regulatory approval by emphasising that the project has “organisational independence”. The independent organisation, Libra Association, which runs the...

December 4, 2020

What is Ethereum 2.0?

The Ethereum is a crypto currency. Recently, it was launched in a faster, cheaper and more environmentally friendly platform, as the upgraded version called ‘Ethereum 2.0’. What is...

December 2, 2020

What is the significance of AI in detecting illegal cryptocurrency mining?

US-headquartered Los Alamos National Laboratory (LANL) have developed a new artificial intelligence (AI) system to detect malicious codes used by illicit cryptocurrency miners who use research computers for...

August 27, 2020

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