Changpeng Zhao is the CEO of Binance. He has spoken out about his crypto exchange’s policies toward Russia and stated that a total ban on Russian users would not be ethical. Zhao says Binance is compatible with Sanctions Zhao stated in a Bloomberg interview that Binance adheres to sanctions that restrict the financial activities of …
A recent report from the @shibburn’s tracking service indicates that within the last day, 21.7 million SHIB have been sent to a variety of digital wallets that are dead. Apart from monitoring SHIB burning transactions the company also destroys tokens too. In addition there is an additional SHIB Burn platform announced that they’ve burned …
On Sunday, the Ukrainian government escalated its rhetoric towards Russian crypto users by claiming it was time to “sabotage ordinary users.” Vice Prime Minister Mykhailo Federorov stated on Twitter that he is asking all major crypto exchanges to stop Russian users’ addresses. He had previously sought information on digital wallets that were associated with …
The Ukrainian government calls for a broad crypto crackdown against Russians during war Read More »
There will be a 30% tax on cryptocurrency in India. It may sound like a negative news, but let’s dig in a little deeper and find out what are the facts about cryptocurrency tax in India. “In the Union Budget 2022, crypto assets have been classified as ‘virtual digital assets’.” The United States of America …
How to Calculate Tax on Cryptocurrency in India [Cryptocurrency Tax India] Read More »
The Advertising Stands Council of India (ASCI) has issued guidelines for crypto or digital assets related ads that will take effect from April 1 or later. Advertisements from earlier dates cannot be placed on the internet, unless they are in compliance with the guidelines that were released after April 15th 2022. The ASCI stated that …
Guidelines for Crypto Advertising are out in India Read More »
To give cryptocurrency users more control, Shiba inu coin has launched the Doggy DAO. The developers of ShibaSwap posted a blog on ShibaSwap stating that they are launching a decentralized autonomous organisation — similar to the one that attempted to buy the US Constitution — to grant shiba Inu holders voting rights over crypto projects, …
Shiba Inu coin launches the Doggy DAO, which gives crypto enthusiasts voting power Read More »
Ukraine legalised cryptocurrency on Thursday, even as conflict with Russia have rattled global markets over the last week, due to fears of a larger war including over 100,000 Russian troops stationed near the Ukrainian frontier. ” Ukraine is already one of the top 5 countries in terms of the use of cryptocurrency. Today, we made …
The game, which is based on the Solana region, “DeFi Land” has introduced single-sided staking after its first NFT drop Gen-0 which was sold in just 80 seconds. The introduction of single-sided staking is a major step forward to the multi-chain GameFi simulator for agriculture since it lets its users stake DFL tokens and earn …
Solana-based game ‘DeFi Land’ launches single-sided staking Read More »
The Bitcoin hashrate reaches a seven-day median in the range of 201.3 trillion hashes per second (TH/s) which is an all-time record. It’s a 20% increase from the beginning of the year, when the average of 7 days came in at 168.2 T/s. Additionally The raw values reveal an incredibly higher hashrate with a peak …
The Federal Reserve is ready to increase interest rates and cut it’s balance sheet as per minutes published on Wednesday. Fed officials have agreed that “if inflation doesn’t move downwards as expected then it is appropriate to take action by the committee to reduce policy flexibility at a quicker rate than they currently expect,” said …
Fed Mentions Crypto and Stablecoin Risks, Minutes Show Fed Ready to Take Action Read More »
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