Cryptocurrency Current Affairs, GK & News

India’s New Central Bank Digital Currency

The Reserve Bank of India (RBI) is in process of examining if India needs a new central bank digital currency (CBDC) and is exploring ways to operationalise the digital currency. Highlights The statement from the RBI has come in the light of gaining popularity of the private digital currencies, virtual currencies and cryptocurrencies. These currencies ..

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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 Libra project will also be renamed as the Diem Association. Diem is a Latin term meaning “day”. Libra received criticism because of the possibility of it threatening ..

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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 Ethereum? Ethereum is a decentralised and open source blockchain platform, which is a growing list of cryptographic blocks. Ether (ETH) is the cryptocurrency token of the Ethereum ..

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SC Ruling on Cryptocurrency Ban

The Supreme Court quashed ban on cryptocurrency imposed by the Reserve Bank of India. This is expected to revive the almost extinct industry in India. Cryptocurrency Cryptocurrency is a virtual or digital currency secured by cryptography. Its notable features include decentralised structure (no central authority), security and transparency. It is based on the blockchain technology. ..

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Digital Gurukul First Institute to Offer Blockchain-Powered Certificates in India

Indore based Digital Gurukul started in 2014, offers complete digital marketing training to students and working professionals, has become the first Digital institute in India to offer Blockchain-Powered Certificates. Digital Gurukul has partnered with German company ‘Certif-ID’ to issue blockchain-powered certificates in India. Digital Gurukul was awarded Asia’s Best Digital Marketing Institute 2019 by Indian ..

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