Blockchain

Infosys has launched a new development center in GIFT City, Gandhinagar, accommodating over 1,000 employees in a hybrid model. This TechFin hub will provide advanced digital solutions for global BFSI clients, focusing on areas like digital banking and regulatory affairs. The center will utilize AI, cloud computing, and blockchain to deliver seamless cross-border services, strengthening India's position in financial technology.

The SEC faces growing regulatory challenges as it reviews new crypto ETFs that earn yield through staking Ether and Solana tokens. The agency’s inconsistent stance on whether these funds qualify as investment companies highlights unresolved questions about how securities laws apply to digital assets. While the crypto industry pushes for lighter regulation, the SEC grapples with defining the boundaries under the decades-old Howey test, leaving the future of next-gen crypto ETFs uncertain.

Indian organisations are increasingly adopting AI and ML for tax compliance, aligning with the Digital India initiative. This shift aims to streamline operations and navigate complex international trade regulations, including US sales tax and EU VAT.

A recent World Economic Forum report reveals that younger investors find crypto more understandable than traditional investments. Millennials and Gen Z, digital natives, are actively building wealth through emerging technologies like blockchain and DeFi. India, a Web3 hub with over 1,200 startups, sees youth driving this innovation, seeking transparency and ownership.

Circle IPO has made headlines with a stunning debut on the New York Stock Exchange, trading under the ticker CRCL. The USDC stablecoin issuer priced its IPO at $31 per share, raising $1.05 billion, and valuing the company at $6.8 billion. Backed by strong investor demand and a growing crypto-friendly U.S. regulatory stance, Circle’s IPO opens new doors for crypto infrastructure companies on Wall Street. As the second-largest stablecoin player, Circle’s success signals mainstream acceptance of digital finance. Here’s everything you need to know about this massive listing and what it could mean for the future of crypto.

But there's one problem: You don't own the roof, and neither do the hundred other families living in the building. In India's densely populated cities, this is not an exception- it's a rule.

Last year, ET reported that WazirX was hit by one of the biggest cyberattacks on an Indian crypto exchange. Hackers made off with more than $230 million worth of investor funds, nearly half of the platform's estimated reserves. Blockchain experts indicated possible involvement of the cybercriminal group Lazarus in the attack.

Elon Musk unveils XChat, an encrypted messaging and calling feature rolling out on X this week. With end-to-end encryption, file sharing, and vanishing messages, XChat aims to rival WhatsApp and advance Musk’s vision of turning X into an “everything app".

India's green sector is poised for substantial growth, projecting 7.29 million jobs by FY28 and 35 million by 2047, driven by investments in renewable energy, EVs, and sustainable practices. While metros lead, tier II and III cities will host a significant portion of these jobs.

Fintech may still be a small slice of global finance, but it’s scaling fast. A new report reveals five big trends—from smarter AI to rising onchain finance—that are reshaping the landscape. With fintech revenues growing 21% year-on-year, it’s clear the sector is outpacing traditional financial services.

India's tech education landscape is increasingly embracing interdisciplinary and industry-integrated learning to nurture a new generation of engineers who can code, create, collaborate, and lead innovation. The transition from STEM (Science, Technology, Engineering, Mathematics) to STEAM, adding Arts to the mix, is gaining ground, blending technical knowledge with design thinking, communication, psychology, law, and business.

Usha Vance and Howard Lutnick will speak at the US-India Strategic Partnership Forum Leadership Summit. The event in Washington D.C. will honour Arvind Krishna, Kumar Mangalam Birla, and Toshiaki Higashihara. They are recognised for strengthening US-India-Japan ties. The summit aims to boost the US-India economic partnership. Discussions will involve Vinay Mohan Kwatra, Steve Daines, and Rich McCormick.

Fueled by increased visibility and global recognition, the Indian art market has surged, necessitating secure and efficient relocation solutions. Challenges like customs complexities, damage risks, and authenticity assurance are being addressed through technology, including tracking systems and blockchain. Expertise in logistics, climate-controlled transportation, and tailored insurance are crucial for protecting valuable artworks.

Shardeum, an autoscaling Layer 1 blockchain, is set to revolutionize payments with its PayFi initiative, targeting both micro and macro transactions. Aiming to become the Internet's default payments layer, Shardeum's architecture allows for expansion based on demand, ensuring transaction fees remain exceptionally low, around $0.01 or less. The mainnet launched on May 5th.

Wipro’s CTO Sandhya Arun expects quantum computing to scale by year-end. Agentic AI currently saves 20-35% of manual effort. Wipro’s new innovation lab focuses on quantum, AI, blockchain, and robotics, aiming to accelerate technology adoption and business impact globally.

India, home to over 100 million crypto users, is at a crossroads between scepticism and leadership in the global cryptocurrency space. To drive nationwide acceptance, experts call for a clear regulatory framework, crypto literacy, real-world use cases, institutional partnerships, and a compliance-first approach. Proactive efforts can position India as a global leader in the evolving digital finance ecosystem.

Bryan Johnson, a billionaire known for his anti-aging pursuits, boldly claims he'll live to witness Bitcoin's final halving in 2140. This event marks the end of new Bitcoin creation, as the mining reward diminishes over time. Johnson's mission aligns with his 'Don't Die' philosophy, centered on extending lifespan through science and technology.

The allegations relate to Guo's dealings with ACX Exchange customer funds, statements made about those dealings and obligations to keep proper books and records. The regulator had started an investigation into the firm in January 2024, following a receipt of a report from the firm's liquidators, which said that Blockchain Global owed around A$58 million ($37.3 million) to unsecured creditors as of October 2, 2023.

Fidelity Investments has introduced Fidelity Crypto for IRAs, enabling eligible US adults to invest in Bitcoin, Ethereum, and Litecoin within Roth, traditional, or rollover IRAs. This new offering, launched on April 2nd, features no account fees, a 1% transaction fee, and enhanced security measures.