Nishanth Shetty

Nishanth Shetty is a technical writer, author and a crypto-advisor working at CoinDelite. Based in the city of dreams, Mumbai, on the west coast of India. He holds bachelors degrees from Mangalore University. Nishanth has a myriad experience of technical writings for tech brands. His interests include technology, travel, and food.

Thailand To Use Blockchain To Fight Against Tax Fraud

Thailand’s Revenue Department has planned to use the blockchain technology for tracking value-added tax (VAT) payments in the country. According to the reports, the department wants to implement blockchain to prevent fraudulent VAT refund activities in the country. The VAT is a kind of consumption tax levied on goods and services. …

Japan To Announce New Cryptocurrency Regulations | Coindelite News
Crypto Regulations

Japan To Announce New Cryptocurrency Regulations

The Japanese news outlet Jiji has announced that the country’s financial regulators are all set to introduce new Initial Coin Offering (ICO) regulations. The new rules aim to protect investors from fraudulent activities. The report said that startups that conduct ICOs should register with Japan’s Financial Services Agency (FSA). The agency …

Asus Game Users Can Now Mine Cryptocurrencies | Coindelite News
Crypto Mining

Asus Game Users Can Now Mine Cryptocurrencies

Asus, the Taiwan based electronics company is now allowing the gamers to use their graphics cards to earn profits from cryptocurrency mining. On Thursday, the company announced that it has partnered with mining app provider Quantumcloud. The partnership aims to allow gamers to earn income by allowing access to their …

Amazon Launches New Service For Blockchain | Coindelite News
Blockchain News

Amazon Launches New Service For Blockchain

Amazon, one of the most popular technology companies in the world has announced its new platform that is based on the blockchain technology. According to the reports, the company is launching a blockchain service which helps customers develop blockchain networks without sustaining the costs of creating their own platform. The …

Russian Miners Sell Their Hardware Due to Crypto Plunge | Coindelite News
Crypto Mining

Russian Miners Sell Their Hardware Due to Crypto Plunge

A large number of Russian cryptocurrency miners are looking to sell their hardware. The recent market plunge seems to be the reason for selling mining hardware. The cryptocurrency market price fall has disappointed mining enthusiasts especially those who mine cryptocurrencies in their homes, basements, and garages. Russia is famously known …

Thai Govt Warns Against 14 Unauthorized Crypto Firms | Coindelite News
Crypto Regulations

Thai Govt Warns Against 14 Unauthorized Crypto Firms

Thailand’s Securities and Exchange Commission (SEC) has warned its citizens against 14 companies that provide cryptocurrency related services. The regulatory team says that these operators are not authorized to conduct digital currency-related business in the country.  According to the reports, as of now, only seven companies are temporarily approved for …

Supreme Court Of India To Hear Petitions Next Year | Coindelite News
Crypto Regulations

Supreme Court Of India To Hear Petitions Next Year

The Supreme Court of India has announced a new date to hear the petitions against the digital currency. As last year the Reserve Bank of India (RBI) banned other banks from working with cryptocurrency related firms. At the same time, the crypto community in the country is campaigning on social …

EY to Hire 2000 People In India For AI & Blockchain | Coindelite News
Blockchain News

EY to Hire 2000 People In India For AI & Blockchain

One of the largest professional services firms in the world, Ernst Young (EY) has announced that it will be hiring 2,000 employees in the next three years. The plan is to develop its digital solution services in fields including blockchain technology. In 2016, EY predicted that large-scale implementation of blockchain …

Cryptocurrency News

Indian State to Help Cryptocurrency Business Grow

An Indian Minister said that one of the states in the country is working towards protecting businesses operating without a regulatory framework in India. The plan includes cryptocurrency exchanges and crypto-accepting companies. Priyank Kharge, India’s Social Welfare Minister, said that the Karnataka state government is working on setting up an …

Indian Man Scammed Out of 10 Crores Over Bitcoin | Coindelite News
Bitcoin News

Indian Man Scammed Out of 10 Crores Over Bitcoin

Chandigarh, a northern Indian State has become the witness for one of the biggest cryptocurrency scams in the country. The Chandigarh Police has filed a chargesheet against four people accused of scamming a victim out of  ₹6-10 crore ($0.8 – 1.4 million)  through a digital currency investment fraud. The names …