Is India ready for the AI revolution? The rapid advancements in artificial intelligence, from generative AI tools to sophisticated machine learning algorithms, are transforming industries across the nation. From fintech's burgeoning use of AI-powered fraud detection to the agricultural sector's embrace of precision farming technologies, the impact is undeniable. This week saw a major breakthrough in indigenous 5G technology development, signaling India's growing prowess in the global tech landscape. But alongside this progress comes the crucial discussion surrounding data privacy, cybersecurity, and the ethical implications of AI deployment. How will India navigate these challenges and harness the transformative power of technology for inclusive growth? Explore the latest developments in Indian tech, from the rise of digital payments to the burgeoning startup ecosystem, and discover how innovation is shaping the nation's future. Stay informed with Abtak.com – your gateway to understanding the tech revolution reshaping India.
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Tether's latest move aims to streamline its stablecoin operations. The company plans to end USDT redemptions and token issuance on five older blockchains by September 1, 2025. Any tokens left on Omni Layer, Bitcoin Cash SLP, Kusama, EOS and Algorand will become frozen after that date. Based on reports from Tether, these five networks once helped drive its early growth. But current data shows a big drop in USDT activity there. Usage has been mostly flat for months. And with few new transactions, keeping those chains alive no longer makes sense. The decision follows a careful infrastructure audit. Teams looked at chains with low usage and slow growth. They found that less than 0.1% of Tether's total supply moves on those networks. Every dollar spent maintaining them now offers little benefit. According to CEO Paolo Ardoino, Tether will put more energy into chains that can grow quickly. He pointed to real‑time scaling solutions and rising adoption as key factors. The company plans to boost support for Layer 2 systems such as the Lightning Network. It also wants to explore partnerships with newer blockchains that offer low fees and better interoperability. Experts agree with Tether's approach. Kevin Mehrabi of StableTech said networks with weak developer traction tend to stall. And once growth stops, token circulation follows. By focusing on blockchains with active builders, Tether hopes USDT will see more real use in DeFi, micro‑payments and cross‑border transfers. Holders of USDT on the affected chains must act before the September 1, 2025 cutoff. Official Tether services will let existing clients reissue their tokens on supported networks. Other users can rely on third‑party bridges or custodians, depending on each provider's policy. If nobody moves their coins in time, those balances will be frozen -- completely inaccessible. By reallocating technical and operational resources, Tether aims to improve transaction speeds and cut costs. The company's long‑term plan is to back ecosystems that show real growth and practical use cases. For users, the key takeaway is clear: move your USDT off those legacy rails now, or risk losing access later.
Guwahati, Jun 5 (PTI) The Assam Congress on Thursday demanded a CBI inquiry into alleged illegal stone mining in Karbi Anglong district in violation of a Supreme Court order. Addressing a press conference here, former Rajya Sabha member Ripun Bora also alleged that Karbi Anglong Autonomous Council Chief Executive Member Tuliram Ronghang was allowing illegal activities in the district in nexus with Chief Minister Himanta Biswa Sarma. "Large-scale illegal stone mining is taking place in the hills of Karbi Anglong in violation of the Supreme Court order. The SC had banned mining in and around K ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Michael Saylor has just purchased 525 more Bitcoins, increasing Strategy's total BTC holdings to 638,985, valued at approximately $73B. Anchored in Saylor's thesis that Bitcoin is superior to gold, Strategy has parked its cash reserves in $BTC, shielding itself from inflation and currency fluctuations. Despite a recent dip in the Strategy's stock price, several companies and some US states are considering similar moves with their own treasuries. Strategy's massive $BTC buy ha ...Read More >
MUMBAI: India needs to be cautious towards stablecoins, as they pose significant macroeconomic risk while serving no purpose that fiat money cannot, the Reserve Bank of India Deputy Governor, T. Rabi Sankar, said on Friday. Stablecoins gained global prominence after the U.S. passed a law to create a regulatory framework for dollar-pegged cryptocurrency tokens, boosting their popularity and pushing the global market cap of such tokens above $300 billion. India has diverged from large global and ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. XRP whales are aggressively accumulating while the asset's recent price action keeps many retail participants cautious. This raises a key question for investors: are large holders positioning ahead of something the average trader has not yet recognized? While XRP has dropped 3.5% in the past 24 hours, on-chain metrics indicate that XRP whales have dramatically shifted their positioning in recent weeks. Data from the analytics platform CryptoQuant shows that the Whale Flow 30-da ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. US regulators and market watchers are eyeing a fresh valuation study that puts XRP on track for a dramatic price surge by 2030. According to Valhil Capital's deep‑dive report, XRP could climb from its current price into a range between $4,813 and $9,000 in just five years. That forecast hinges on a model that treats XRP not only as a quick way to move money but also as a store of value. According to the Athey & Mitchnick Model used by Valhil Capital, XRP's role goes way beyond ...Read More >
MUMBAI: ICICI Bank has rolled back its rule requiring new savings accounts opened after Aug 1 to maintain a monthly average balance (MAB) of Rs 50,000 and has revised the threshold to Rs 15,000. The move follows a social media backlash against the higher balance requirement, which was criticised for making banking exclusive.The bank said it has revised its schedule of charges and MAB requirements following customer feedback. The changes do not apply to salary accounts, senior citizens above 60 years, basic accounts/PM Jan Dhan Yojana accounts, or those opened before July 31, 2025.Meanwhile, HD ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Registration is now open for one of the most exhilarating crypto trading tournaments Victoria, Seychelles, July 10, 2025 -- Bitget, the world's leading crypto exchange and Web3 company, has officially opened registration for KCGI 2025, the most anticipated trading competition of the year, featuring a massive 6 million USDT prize pool, brand-new segments, and early-bird rewards that make joining early a winning move. From team battles to bot duels, KCGI 2025 isn't just a tourna ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. The StakeStone (STO) price has surged by over 500% in the past week, drawing attention to the token's ecosystem. The altcoin's rally comes ahead of a significant token unlock, which could put selling pressure on the token and drive its price down. The StakeStone (STO) price has surged by over 500% in the last week amid bullish fundamentals in its ecosystem, as noted by market analyst Neel. One of these developments includes StakeStone's launch of version 2.0 of its protocol ear ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Ripple is back in the spotlight following a strategic move involving trillions in payment flows, sparking speculation about a potential breakout in XRP price. The development reflects Ripple strengthening its ties to the global banking infrastructure. Ultimately, the true significance lies in how this expanded access could influence XRP's role in real-world financial transactions over time. Ripple's expansion stems from its $1 billion acquisition in 2025 of a treasury managemen ...Read More >
Gurugram (Haryana) [India], December 12: Navanc, a pioneering FinTech startup building India's first AI-powered property score and stack for secured lending and insurance practices, has successfully raised USD 1 million in a seed funding round. The round was led by Prarambh Ventures, with participation from Inflection Point Ventures (IPV), Brigade REAP FirstPort Capital, and marquee angel investors Also Read | US: Joe Biden Commutes Roughly 1,500 Sentences and Pardons 39 People in Biggest Single-Day Act of Clemency. The funds will be directed toward expanding operations across India, with a ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. The Central banks, institutions, and payment corridors are experimenting with something deeper than crypto hype. From cross-border settlements to real-world assets, Ripple is building blockchain infrastructure. If recent comments from top banking executives are any indication, XRP may move trillions in value. According to KingXRP, the XRP Ledger (XRPL) is on the brink of a groundbreaking transformation that could unlock a staggering $196 trillion market through the emergence of ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. On Monday, ALT5 Sigma, a fintech company specializing in blockchain infrastructure, unveiled plans to establish a crypto treasury focusing on the World Liberty Financial (WLFI) project -- a venture backed by the Trump family. The announcement, however, was met with a swift and negative reaction from investors, resulting in a significant drop in the company's stock price. ALT5 Sigma, which trades on Nasdaq under the ticker name "ATLS", aims to raise $1.5 billion to become the f ...Read More >
New Delhi: Protest at the Aligarh Muslim University (AMU) against a recently announced fee hike, the long-standing suspension of students' union elections and calls for administrative accountability have entered their sixth day, with students boycotting classes and staging sit-ins at the Bab-e-Syed gate (the iconic entrance of the varsity). The fee structure for different courses has witnessed a sharp revision. Students say the hike ranges from 25% to over 60% across various programmes. Many claim they first learned of the revised fees only while trying to pay through the university's online ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. According to data from blockchain analytics firm Glassnode, a group of mid-sized Bitcoin holders has stepped up buying this week, taking in roughly 65,000 BTC over the past seven days. At a spot price of $113,595, that haul equals about $7.35 billion. Reports have disclosed that these investors -- wallets holding between 100 and 1,000 BTC -- have pushed their monthly net accumulation to 93,000 BTC. Those mid-sized holders a.k.a. "sharks" now control about 3.65 million BTC. Tha ...Read More >
PwC India-Unified Fintech Forum report warns India's fast-growing FinTech sector faces major cybersecurity challenges. With over 10,200 firms and rapid digital expansion, the report stresses that cybersecurity must be embedded in every innovation. Mumbai (Maharashtra): India's rapidly expanding FinTech industry is facing growing cybersecurity risks even as it cements its position as a global leader in digital finance, noted a report by PwC India and the Unified Fintech Forum (UFF). The report, t ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Pump.fun, the Solana-based platform enabling users to easily launch and trade custom tokens -- especially meme coins -- has just marked a historic milestone. On Saturday, Pump.fun raised over $500 million during its highly anticipated PUMP token public sale. In an astonishing show of demand, the sale sold out in only 12 minutes, highlighting the project's explosive growth and rising popularity across the crypto space. Designed for accessibility, Pump.fun allows virtually anyone ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Solana (SOL) has exploded 12% in the past 24 hours, briefly touching the $200 mark, as a wave of institutional adoption and tokenization milestones supercharge its rally. At the forefront is DeFi Development Corp (DDC), whose aggressive treasury strategy now holds over 1.3 million SOL worth nearly $250 million, earning $63,000 daily in staking rewards. The company's 10% Annualized Organic Yield (AOY) and validator operations underscore Solana's staking advantage over non-yield ...Read More >
NewsVoir Gurugram (Haryana) [India], December 12: Navanc, a pioneering FinTech startup building India's first AI-powered property score and stack for secured lending and insurance practices, has successfully raised USD 1 million in a seed funding round. The round was led by Prarambh Ventures, with participation from Inflection Point Ventures (IPV), Brigade REAP FirstPort Capital, and marquee angel investors The funds will be directed toward expanding operations across India, with a focus on strengthening Navanc's presence in urban and semi-urban areas. Additionally, the startup will bolster ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. While the broader crypto market experienced a downturn with a 2.7% decline in total market cap over the past 24 hours, TRON (TRX) managed to move in the opposite direction. TRX recorded a 0.6% gain during the same timeframe, bringing its current trading price to $0.2788. Zooming out to a weekly view, TRON has posted a 2.4% increase, standing out among major assets amid an otherwise lukewarm market. This movement has caught the attention of on-chain analysts tracking deeper sign ...Read More >
NEW YORK, July 15 (Reuters) - Citigroup's (C.N), opens new tab profit rose in the second quarter as its traders brought in a windfall from turbulent markets. The third-largest U.S. lender's net income was $4 billion, or $1.96 per share, in the three months ended June 30, it said on Tuesday. Total net income rose 25% from a year earlier. Stocks and bonds have whipsawed since April, when U.S. President Donald Trump stunned markets by announcing sweeping tariffs against major trading partners. Vol ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. A single wallet that has sat untouched since 2011 jolted the market overnight, wiring 40,009 BTC -- worth roughly $4.68 billion at prevailing prices -- to New York‑based trading giant Galaxy Digital. The address had held 80,009 BTC in total and had never previously moved funds in the modern era. According to on‑chain sleuth Lookonchain, "the Bitcoin OG with 80,009 BTC ($9.46 B) has transferred 40,009 BTC ($4.68 B) to Galaxy Digital," and Galaxy "has directly deposited 6,000 B ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. A Coinbase-linked wallet sent 140,033,123 Shiba Inu tokens to a burn address on October 15, removing those coins from circulation in a single on-chain move. According to records published by community burn tracker Shibburn, the wallet that carried out the transfer was newly created and had only that one visible SHIB transaction. Etherscan data shows the address was funded by a wallet tied to Coinbase, and it currently holds 0.002 ETH, worth roughly $9. The 140 million SHIB mo ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. According to an analytics report, XRP traded near $2.06 on Friday as social chatter around the token turned sharply negative after a two-month slide of about 30%. Traders and data firms flagged a sudden rise in bearish messages, a shift from the more mixed views seen earlier this year. The mood has tightened around crypto, and XRP is not immune. Based on reports from Santiment, its chart tracks XRP's price against positive and negative comments and a combined sentiment line th ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. An XRP analyst has outlined the dramatic changes that could happen for the cryptocurrency as Ripple positions itself to integrate with a massive $12.5 trillion payments ecosystem. In a detailed post on X, the analyst highlighted Ripple's $1 billion acquisition of GTreasury, which the crypto company has since rebranded as Ripple Treasury. This strategic takeover now grants Ripple access to an extensive network of traditional banks and a massive payment volume, which the expert be ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Millions of users spend hours each day engaged with mobile games, chat communities, and social platforms. They expect seamless interfaces, immediate feedback, and enjoyment. FUNToken has identified this audience and engineered an onboarding flow that bridges the gap between Web2 familiarity and Web3 opportunity. With in-app rewards, intuitive chat-based engagement, and a proven free-to-play model, FUNToken stands out as a project creating an accessible entry point into crypto. ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bonk ($BONK) is on a tear, and it's not slowing down. The token just extended its gains, building on a massive 20% rally from last week. The reason for all the excitement? Traders are pouring cash into it. The futures Open Interest (OI) for $BONK has shot up to a yearly high, showing a ton of new money is flooding the market. This kind of action is exactly what a rally needs to keep going. However, it's not just about the trading numbers. The Solana ecosystem itself is doing g ...Read More >
Lucknow, Jul 17 (PTI) Uttar Pradesh's capital city has secured the third position in the category of urban spaces with population exceeding 10 lakh, while Prayagraj was adjudged the Cleanest Ganga City in the ninth edition of the Swachh Survekshan. Lucknow also became the first city in the state to achieve a 7-star Garbage Free City rating in the 2024-25 survey. Gorakhpur achieved double success, ranking third in the Safai Mitra Surakshit Sheher category and fourth among cities with a population between 3 to 10 lakh. Agra has been recognised as the Emerging Clean City of Uttar Pradesh, securi ...Read More >
Nagpur: Warrior king Chhatrapati Shivaji Maharaj belonged to the entire country, but British history tried to confine him as a regional icon, said BJP leader and Rajya Sabha MP Sudhanshu Trivedi, who was in Nagpur on Friday to attend an event marking the 351st anniversary of Shivaji Maharaj's coronation. Trivedi told TOI at the event organized by Shivaji Maharaj Kruti Samiti that Shivaji Maharaj's contribution in 'safeguarding' the southern part of India from Mughal invasion must not be forgotten.Trivedi said, "Shivaji Maharaj belonged to all of us, entire country. Unfortunately, the British p ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. On-chain data shows the Bitcoin network has seen a spike in profit transactions, something that has often led into local price tops in the past. In a new post on X, on-chain analytics firm Santiment has talked about the latest trend in the ratio of profit and loss transactions taking place on the Bitcoin network. A transfer is categorized as a 'profit' one when the tokens involved in it had a last transaction price lower than the latest one. Similarly, transfers with coins of t ...Read More >
Aave, the leading decentralized finance (DeFi) lending and borrowing protocol, has integrated new oracles from Chaos Labs to automate its risk management system. This is the first time in the protocol's history that DAO has approved the use of a second Oracle network beyond Chainlink. Aave is the biggest lending protocol with $18.44 billion in total value locked (TVL), according to DefiLIama. Generally, Oracles feed external data and information to smart contracts, including the prices of assets. According to the source, the oracles, known as Edge Risk Oracles, will enable real-time changes ...Read More >