‘Kwontitative easing’ — BTC price hits $43K in UST as Terra empties $2.2B Bitcoin bag
A frantic effort to rescue UST continues as Bitcoin weathers the storm to receive a $35,000 target next. Go to Source Powered by WPeMatico
Month: May 2022
India Considers Imposing 28% GST on All Crypto Transactions: Report
The Indian government is reportedly considering imposing a 28% goods and services tax (GST) on all crypto transactions. “Currently tax is levied only on the part of the services provided by crypto exchanges. Subjecting the whole transaction to tax at a higher slab of 28% could give the markets a free fall,” one tax expert … Read more
Commercial smart contract adoption next market driver: Mark Cuban
“When businesses can use smart contracts to gain a competitive advantage, they will. The chains that realize this will survive,” according to Mark Cuban. Go to Source Powered by WPeMatico
Otherside NFTs fall below mint price while cheaper ETH sees sales volume boost
Floor prices for some of the most popular NFT collections are slipping to their lowest levels in over a week, including the top-traded Otherdeed for Otherside Metaverse land. Go to Source Powered by WPeMatico
Nigeria upgrades CBDC as crypto restrictions cripple fintech industry
Nigeria’s central bank has upgraded its eNaira to steer the country away from crypto even after a UN report stated that restrictions on digital currencies are stifling the nation’s fintech sector. Go to Source Powered by WPeMatico
Aloha Browser Paves the Way Towards Web3 With Recent HNS Integration
PRESS RELEASE. Aloha Browser is paving the way towards a decentralized web with the recent Handshake (HNS) integration. Now websites with HNS names automatically resolve within the Aloha Browser without additional configuration. Aloha has always focused on privacy and security for its users and is now at the forefront by having a revolutionary browser for … Read more
Bitcoin network transactions and fees surge amid investor de-risking
Investors are urgently sending Bitcoin into exchanges in order to either de-risk their portfolio or to protect margin positions with more collateral according to Glassnode’s latest report. Go to Source Powered by WPeMatico
The Eggs World: First 3D Racing Game in the P2E Industry With Skins, Carts, and Much More!
THE EGGS WORLD is the First Multiplayer Cart Racing Metaverse and 3D turn-based game, set in an immersive world, where gamers acquire skins and carts to form their character and compete with other players in a very competitive race game! Unlike many cart racers, the game features an open-world hub that links to all the … Read more
BIS: 9 out of 10 Central Banks Worldwide Are Exploring Digital Currencies — Driven by Crypto Market
Nine out of 10 central banks globally are exploring central bank digital currencies (CBDCs), according to the latest survey by the Bank of International Settlements (BIS). Furthermore, “the emergence of stablecoins and other cryptocurrencies have accelerated the work on CBDCs.” BIS Central Bank Digital Currency Survey The Bank of International Settlements (BIS) published a report … Read more
More than a third of AMC online payments are crypto or digital: CEO
“Taken together, these various new payment options, impressively, recently represented about 35% of our total online payments,” said AMC Theatres CEO Adam Aron. Go to Source Powered by WPeMatico