Fun

News Feed - 2023-09-27 03:09:00

Zhiyuan Sun6 hours agoGemini invests $24M for expansion in IndiaLaunched in May, the Gemini Gurgaon Hub has since added over 70 staff.779 Total views6 Total sharesNewsJoin us on social networksCryptocurrency exchange Gemini is allocating 2 billion rupees ($24 million) for its expansion in India.


According to the Sept. 26 announcement, the funds will be used to growGemini’s development center in Gurgaon. The exchange said: “Our teams based in Gurgaon will also be responsible for core platform fundamentals in the areas of compliance, data pipelines and warehousing, security, and payments, complementing our 500+ strong global workforce.”


Since its initial launch in May, the Gemini Gurgaon Development Center has expanded to over 70 staff, with active hiring for software engineers, technical product managers, talent acquisition, finance, support and compliance. In supporting the expansion, Gemini cited the Indian government’s “robust support framework that allows startups to thrive.” The site also acts as a developer for the exchange’s new features in nonfungible tokens and asset marketplaces.


In April, Gemini disclosed “big plans for international growth this year in APAC,” referring to the Asia-Pacific region. Its India operations are expected to be the second-largest behind only Gemini’s United States headquarters. Pravjit Tiwana, the firm’s CEO for the APAC region, called India a “global hub for entrepreneurship and technological development.”


India has been actively adopting blockchain technology, with around 50% of local and state-level governments incorporating it in their data management systems and verifiable certificate issuances. In a recent survey, over 56% of Indian firms expressed interest in enterprise blockchain in a country with an estimated Web3 developer base of 10 million individuals. Between 2021 and 2022, 450 Web3 startups in India received $1.5 billion in investments. 


Magazine: JPEX staff flee event as scandal hits, Mt. Gox woes, Diners Club crypto# Blockchain# Business# India# GeminiAdd reactionAdd reactionRead moreWhat is an atomic swap, and how does it work?Pay-to-use blockchains will never achieve mass adoption‘Massive’ crypto use cases to surface by 2030 — Coinbase exec

News Feed

Former US President Donald Trump: Cryptocurrencies Are ‘a Disaster Waiting to Happen’
Former US President Donald Trump: Cryptocurrencies Are "a Disaster Waiting to Happen" Former U.S. President Donald Trump says cryptocurrencies are “potentially a disaster wa
David Attlee1 hour ago6th Swiss bank joins SDX crypto exchangeHypothekarbank Lenzburg, a regional Swiss bank with over $7 billion in assets, joins SDX’s central securities depository.711 Total views15 Total sharesNewsJ
Wu-Tang Clan’s Unreleased Album Changes Hands From Martin Shkreli to an NFT Art Collective
Wu-Tang Clan"s Unreleased Album Changes Hands From Martin Shkreli to an NFT Art Collective After fighting in court since 2015, the former hedge fund manager Martin Shkreli was sent
2 Swiss Banks Launch Cryptocurrency Trading and Custody After Gaining Regulatory Approval
2 Swiss Banks Launch Cryptocurrency Trading and Custody After Gaining Regulatory ApprovalSwitzerland’s financial regulator, FINMA, has approved two Zurich-based banks to offer
Bitcoin Breaches 12-Year Support Line Against Gold – Is The Bull Run Over?
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Report: Nigerian Anti-Graft Body Identifies Individuals Fueling the Naira’s Rapid Depreciation
Report: Nigerian Anti-Graft Body Identifies Individuals Fueling the Naira"s Rapid Depreciation Nigeria’s Economic and Financial Crimes Commission (EFCC) recently claimed it
Josef Tetek7 hours agoBitcoin ETFs: Even worse for crypto than central exchangesWant some worthless "paper" Bitcoin? With the rise of Bitcoin ETFs, you might soon have the chance to invest in something as worth
David Attlee12 hours agoThere could be 24 CBDCs live by 2030: BIS survey93% of central banks are already conducting research on central bank digital currencies.3000 Total views2 Total sharesListen to article 0:00NewsJoin
Bitcoin clings to $67K, but analysis warns of 10% BTC price drop next
William Suberg14 hours agoBitcoin clings to $67K, but analysis warns of 10% BTC price drop nextBitcoin bulls are enjoying 10% month-to-date gains currently, but one trader warns that the picture should soon look very dif
Bitcoin Price Stuck In A Loop? Here’s Why $87,000 Could Be Crucial
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
DCG Subsidiary Foundry to Acquire 2 ‘Turnkey’ Bitcoin Mining Facilities From Compute North
DCG Subsidiary Foundry to Acquire 2 "Turnkey" Bitcoin Mining Facilities From Compute North Digital asset mining and staking firm Foundry has agreed to purchase two “turnkey&
Singapore, South Africa Latest Countries to Warn Against Crypto Exchange Binance
Singapore, South Africa Latest Countries to Warn Against Crypto Exchange Binance The list of regulators warning that Binance is illegally operating in their jurisdictions continues