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All You Need To Know About Cryptocurrency

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Cryptocurrency,All You Need To know About Cryptocurrency,Need To know About Cryptocurrency,cryptocurrency ethereum,cryptography,Blockchain technology,Bitcoin

Cryptocurrency has been the talk of the town for the past couple of months now. This form of currency has been raging up a storm in the market with a steep increase in their value. But what exactly is cryptocurrency and how can it be used?

Cryptocurrency can be defined as a form of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank. Blockchain technology and cryptography are the two types of encryption techniques used for these digital transactions. Blockchain technology is a continuously growing list of records, called blocks, which are linked and secured using cryptography. Cryptography, on the other hand, is the practice and study of techniques for secure communication in the presence of third parties called adversaries. Simply put, it is a set of extremely complex code systems that encrypt sensitive data transfers, to secure their units of exchange.

Basically, cryptocurrency uses blockchain technology to create a gigantic ledger or blocks of transactions, allowing users to transfer and add information to it anonymously, without security compromises. It is a financial system that can be used to pay for items using digital money that is designed to be secure and anonymous. The first ever cryptocurrency, Bitcoin, was created in 2009 and since then there has been a proliferation of cryptocurrencies. The credit for the invention of Bitcoin goes to Satoshi Nakamoto, a secretive internet user who wasn’t identified until much later. The shadowy creator of the cryptocurrency revealed himself to be  Craig Steven Wright from Australia, in August 2015.  

In November last year, Bitcoin and other cryptocurrencies reached a market capitalization of over $ 13.8 billion and have reached $ 162 billion in 2017. One of the many reasons that cryptocurrency became popular is because it makes it difficult for marketers to collect the kind of data on consumers that help in the preparation of advertising and marketing strategies. With more number of internet users trying to reduce or remove their digital footprint, cryptocurrency provided the perfect platform to help deplete the amount of consumer data available. At present, cryptocurrency is based on a lot of hypotheses but is rapidly gaining traction and can even become the preferred payment method in the world.

Bitcoin, Ethereum, Ripple and Litcoin are some of the most common cryptocurrencies available. A few major countries have also begun accepting cryptocurrency as legitimized methods of payments and can be exchanged for fiat currencies in USA, UK, Japan and certain European countries, in special online markets.

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D2C Brand Neeman’s Raises $4 Million for Tier 2/3 Store Expansion & Eco-Friendly Shoes

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StartupStories

Hyderabad, January 13, 2026 Neeman’s, India’s leading D2C footwear brand famed for sustainable shoes and patented PIXLL® technology, has raised $4 million from existing investors. This funding boosts its cumulative capital past $10 million since 2015, with a post-money valuation nearing $50 million. CEO Vijay Chahoria emphasized offline retail as the “next frontier,” planning 50+ new stores in Tier 2/3 cities like Jaipur and Lucknow to blend eco-friendly innovation with hands-on customer experiences.

In India’s booming D2C ecosystem where footwear sales hit ₹1.2 lakh crore in 2025 Neeman’s targets hybrid retail amid high online CAC and 25-30% returns. Backed by vegan, machine-washable shoes priced ₹2,000-4,000, the brand leverages PIXLL® (5x more breathable than leather) for carbon-neutral comfort. Recent 5x revenue growth to ₹100 crore ARR, 1M+ pairs sold via Myntra and stores, and awards at India D2C Summit 2025 position it ahead of rivals like Paaduks.

Neeman’s offline expansion India eyes the $15B sustainable footwear market by 2028, fueled by PLI schemes, Gen Z’s 70% eco-preference (Nielsen), and Southeast Asia exports. Challenges like real estate costs are offset by data-driven inventory and omnichannel QR tech. Watch for Q1 2026 launches in Hyderabad and Bengaluru redefining D2C success through authentic, “Wear the Change” branding.

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Centre Mulls Revoking X’s Safe Harbour Over Grok Misuse

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Grok - StartupStories

The Centre is weighing the option of revoking X’s safe harbour status in India after its AI chatbot Grok was allegedly misused to generate and circulate obscene and sexually explicit content, including material seemingly involving minors. The IT Ministry has already issued a notice to X, directing the platform to remove unlawful content, fix Grok’s safeguards, act against violators, and submit a detailed compliance report within a tight deadline. If the government finds X’s response inadequate, it could argue that the platform has failed to meet due‑diligence standards under Indian law, opening the door to harsher action.​

Under Section 79 of the IT Act, safe harbour protects intermediaries like X from being held directly liable for user‑generated content, provided they follow due‑diligence rules and promptly act on legal takedown orders. Revoking this protection would mean X and its officers could be exposed to criminal and civil liability for obscene, unlawful, or harmful content that remains on the platform, including AI‑generated images from Grok. This prospect significantly raises X’s compliance risk in India and could force tighter moderation, stricter AI controls, and more aggressive removal of flagged posts.​

The Grok episode also spotlights the regulatory grey zone around generative AI, where tools can create harmful content at scale even without traditional user uploads. Policymakers are increasingly questioning whether AI outputs should still enjoy the same intermediary protections as conventional user posts, especially when they involve women and children. How the government ultimately proceeds against X over Grok misuse could set a precedent for AI accountability, platform responsibility, and safe harbour interpretation in India’s fast‑evolving digital ecosystem.

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How Pronto Is Redefining 10-Minute Home Services in India with a $25 Million Fundraise

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Home services startup Pronto is in advanced talks to raise about $25 million at a near-$100 million valuation, underscoring strong investor confidence in India’s fast-growing 10-minute home services market. This potential round would be the company’s third major funding milestone after its $2 million seed and $11 million Series A in 2025, backed by marquee investors such as General Catalyst, Glade Brook Capital, Bain Capital and new participant Epiq Capital. The fresh capital is expected to further strengthen Pronto’s positioning as a leading tech-led household help platform for urban consumers.​

Pronto operates a 10-minute on-demand home-services platform that connects users with trained, background-verified workers for everyday tasks like sweeping, mopping, utensil cleaning, laundry and basic cooking. Using a hub-and-spoke, shift-based model, the startup stations workers at hyperlocal hubs, enabling sub-10-minute fulfilment and more predictable earnings compared to the informal domestic-help market. Founded in 2024 by Anjali Sardana and based in Delhi NCR, Pronto has already expanded from Gurugram into major cities such as New Delhi, Mumbai, Bengaluru and Pune, and is handling around 6,000 daily bookings with nearly 1,300 active professionals as of December 2025.​

The upcoming $25 million fundraise is expected to be used to enter more metros, deepen presence in existing neighbourhoods with additional hubs and upgrade Pronto’s technology for smarter routing, shift planning and real-time operations. A significant portion of the capital will also go into training, retention and benefits for its workforce to maintain consistent service quality at scale, especially as competition heats up from rivals like Snabbit and Urban Company in the rapid home services space. This near-$100 million valuation not only validates Pronto’s model but also highlights a broader shift toward organised, tech-driven domestic-help solutions in India’s largely informal home-services market.​

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