Crypto trading volumes in exchanges in India subsequent to new tax rules

After the adoption of the new crypto tax law, the volume of trading on major Indian crypto exchanges has dropped. Info gathered by a Mumbai-based research organization Crebaco and a crypto data generator Nomics revealed this. On April 1, the new tax law became effective. All profits from crypto trading in the nation will be…

Twitter creators to get paid in crypto

Twitter is about to pay its creators in crypto. The American social networking and microblogging service company has collaborated with a financial infrastructure platform Stripe and marketplaces, to launch a pilot payout for creators. Stripe, in a statement, said that now it can instantly pay funds to its freelancers, sellers, content creators, and service providers…

MetaMask enables users to purchase cryptocurrency via Apple Pay

A famous crypto wallet provider, MetaMask declared Apple Pay integration to its website and app. While Apple doesn’t support cryptocurrency payment directly, MetaMask users will be redirected to Wyre, a crypto exchange that supports the selling and buying of crypto, users will now have the alternative to make the payment via debit or credit card…

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Dubai embraced its first law to regulate the crypto sector

On March 9, United Arab Emirates’s ruler and also vice president and prime minister Sheikh Mohammed bin Rashid Al Maktoum declared on his official Twitter account that the Emirates has adopted its first law to regulate crypto assets. The law would work towards establishing and developing Dubai and UAE’s place as important players in orienting…

Jack Dorsey, ex-boss of Twitter twitches mayhem by commenting on Web3

Just after giving up the chief executive position of Twitter Inc., Bitcoin lover Jack Dorsey has taken to the service he co-founded to express his annoyance with so-called Web3 technology and the participation of venture capital companies such as Andreesen Horowitz. A still vague term for decentralized, blockchain-based systems and tech that are curated to…

Vulcan Forged Game Hacked, $140 Million Crypto Assets Stolen

Over the recent years, hacks targeting crypto-linked platforms have risen drastically. Lately, a cryptocurrency-gaming ecosystem named Vulcan Forged fell prey to a hack attack, losing around Rs. 1,062 crore ($140 million) worth of cryptocurrency assets. Reportedly, hackers got access to the keys of 96 wallets. This enabled them to steal 23.7% of the circulating supply…

Martha Stewart introduces NFT Store, sees NFT as New Canvas

Martha Stewart has introduced a digital boutique for non-fungible tokens (NFTs). While many celebs have now unveiled the NFT collection, Stewart is leading a step ahead by presenting collections for sale. Named ‘FRESH Mint’, Stewart boutique will bring together a collection of NFTs in partnership with renowned artists, designers and photographers. The non-fungible tokens under…