The global cryptocurrency market cap is Rs 203.81 lakh crores, a 3.36 percent increase over the last day, while the total crypto market volume over the last 24 hours is Rs 14,95,753 crores, which makes a 50.53 percent increase.
Coinbase buys Agara, its first startup acquisition in India
Coinbase, one of the world’s largest cryptocurrency exchanges, has announced its first startup acquisition in India. The firm is acquiring Agara, an AI-powered support platform with operations in India and the United States, for an undisclosed amount. Read more here.
Australia’s largest bank breaks ranks to offer crypto trading
Commonwealth Bank of Australia will become the country’s first to offer retail clients crypto services, Australia’s largest bank said on Wednesday, marking a change from the sector that had refused to do business with cryptocurrency providers, Reuters reported.
What is an NFT and what makes it so popular?
The introduction of smart contracts has led to the emergence of many new applications on the blockchain, one of which is non-fungible token (NFT). Read more here.