India will start paying a capital gain tax of 30 percent on digital currency transactions in just a week after the Parliament passed a tax proposal on Friday that was highly controversial. This has sparked the uproar and discontentment among the crypto space of this country. Let us know a …
Read More »Terra Community Proposal Granted: Does This Take A Good Turn?
Nine days ago, Do Kwon, founder of Terraform Labs shared his plan to revive the Terra Ecosystem after the stablecoin UST and crypto Luna of Terra faced an intensive downfall in the latest market crash. On 26 May 2022, the Terra community proposal was approved for reviving the crypto. The …
Read More »Kosovo Bans Crypto Mining To Stop The Electricity Crisis Immediately
On Tuesday 04.01.2022, Kosovo bans crypto mining in an effort to reduce the usage of electricity as the nation suffers from the worst energy crisis in a decade because of the electricity disruption. Kosovo Bans Crypto Mining Activities Because of the electricity shortage during the winter season, the Kosovo government …
Read More »The Gold Industry Adopts Blockchain Now For Safer Operations
The gold sector is betting that the blockchain technology will help in keeping illicit bullion bars out of the international industry. For this reason, the gold industry adopts blockchain. The World Gold Council (WGC) and London Bullion Market Association (LBMA) are among the largest names in the gold industry worldwide. …
Read More »Terra Launched New Stablecoin: Is This Paving Great Opportunities?
As per reports, Terra launched new stablecoin. Recently, Terra declared the launch of a brand new pseo backed stablecoin on Tron, Ethereum, and polygonal shape as 40 percent of Mexican corporations consider adoption of blockchain. With that, let us have a look at the Luna news update today. USDT, the …
Read More »Important News On The Launch Of Indian Crypto Bill 2021
The government is predicted to take up the latest Indian crypto bill in our country soon, asserted Nirmala Sitaram, the Finance Minister of India. A report was submitted by the inter-ministerial panel which was led by former finance secretary Subhash Chandra Garg seeking a ban on the private digital currencies …
Read More »The First IC15 Index Launched In India: Know More
Super app CryptoWire recently released the first cryptocurrency index of India the IC15 Index, which will determine the performance of the 15 most traded digital currencies that are listed on leading digital currency exchanges by market capitalization. Let us see an explanation of the significance and working of this system. …
Read More »Biggest Crypto Theft: $600m Stolen From The Axie Infinity Hack
In what could be among the biggest crypto theft, hackers stole cryptocurrency worth $600 million from the blockchain called Rohin, which backs up the game Axie Infinity which is an NFT (non fungible token) based game. Biggest Crypto Theft: What Actually Happened? According to Motherboard, these hackers stole 173,600 Ethereum, …
Read More »FTX Launches Crypto Service In Japan For A New Future
As per the latest announcements, FTX launches crypto service in Japan. This Bahamas based digital currency exchange declared on Thursday that it has released FTX Japan to service Japanese customers. FTX Launches Crypto Service In Japan FTX Japan which is functioning through FTX Japan K.K (FTX Japan), is a licensed …
Read More »How Have Cryptocurrency Payments In India Improved The Crypto Space?
You can now use BTC and other digital currencies in India to purchase products like a rug or can use it for services like recharging Fastag. Cryptocurrency payments in India have now been made easy for users. Let us have a look at some of the cryptocurrency news. Cryptocurrency in …
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