Car Insurance Myths Debunked : Know the Truth

Auto insurance is a complicated topic, and with such complexities comes much confusion. One of the biggest reasons auto insurance could be confusing is that it is different for everyone. Insurance companies consider multiple factors of each individual to put a price on the policy. So everyone has their idea of how auto insurance is…

Top crypto exchange Coinbase freezes hiring, revokes accepted off

Leading crypto exchange Coinbase, which halted payments via unified payments interface (UPI) mode on its app in India in April, on Friday announced to pause hiring for as long as the global macro-economic factors remain in place. The company also revoked accepted offers from some candidates who haven’t joined it yet. “After assessing our business…

CoinSwitch launches benchmark index for crypto market in Indian R

Crypto company CoinSwitch on Thursday launched what it said is India’s first benchmark index to measure the performance of Indian Rupee-based crypto market. Crypto Rupee Index (CRE8) tracks eight crypto assets representing over 85 per cent of the total market capitalisation of digital assets traded in the Indian Rupee. The index, available at coinswitch.co/crypto-index, is…

Ahead of consultation paper, RBI DG says CBDCs can kill case for

Ahead of the government coming out with a consultation paper on cryptocurrencies, Reserve Bank Deputy Governor T Rabi Sankar on Thursday said the soon-to-be-introduced central bank digital currencies (CBDCs) can “kill” whatever little case that exists for private virtual currencies like Bitcoin. Sankar also attacked ‘stable coins’ which are pegged to a particular currency. The…

Russia mulls making international payments using cryptocurrency:

Russia is considering allowing cryptocurrency to be used for international payments, Interfax news agency quoted a government official. “The idea of using digital currencies in transactions for international settlements is being actively discussed,” Ivan Chebeskov, head of the finance ministry’s financial policy department, was quoted as saying. Russian officials are wrestling with how to regulate…

Battered DeFi investors put their hopes in Ethereum revamp: Here&

Decentralized-finance investors are betting on Ethereum’s revamp to help thaw out the market’s more than two-months-long crypto winter. The DeFi sector, where investors earn yields by trading and staking cryptocurrencies without centralized intermediaries, has declined sharply following the collapse of the TerraUSD stablecoin, and as soaring inflation puts the Federal Reserve on a path of…