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Bitcoin
Indian Parliament Member Insists Crypto Is Like Gambling — Wants to Tax at 50%
An Indian parliament member says crypto is like gambling and must be taxed at a very high rate, such as 50%. “We need to discourage and disincentivize” trading and investing in the asset class, he stressed.
Indian Parliament…
Bank of England Governor Says Crypto Creates ‘Opportunity for the Downright Criminal’
The governor of the Bank of England, Andrew Bailey, has warned that crypto creates an “opportunity for the downright criminal.” The central bank chief described: “You only have to ask the question ‘What do people…
Heroes of Arcan Announces Community-Driven Heroic Fantasy Play-to-Earn Game
PRESS RELEASE. Heroes of Arcan aims to create a play-to-earn game that offers players engaging, challenging peer-to-peer strategic gameplay backed by ethical, carbon-neutral blockchain technology.
The play-to-earn revolution has catalyzed…
Russia’s Sberbank Denies Involvement in Recently Launched ‘Sbercoin’
Sberbank, the largest bank in the Russian Federation, has denied connection to a new cryptocurrency called “sbercoin.” The project is offering high returns to buyers of the token, which was launched shortly after Bank of…
Research Shows 19% of Bitcoin’s Hashrate Is Managed by Publicly Listed Companies
According to findings stemming from a report published by Arcane Research, Bitcoin’s hashrate is steadily going public as an increasing share is deployed by publicly listed companies. Current data shows that the publicly listed…
Luna Foundation Purchases 5,040 BTC, Terra Reserves Rise to 35,767 Bitcoin
On April 6, onchain data shows the Luna Foundation Guard’s (LFG) bitcoin wallet has added 5,040 bitcoin to its reserves. The added funds were worth roughly $221 million at the time of settlement. LFG managed to purchase the bitcoins…
Abkhazia Extends Crypto Mining Ban Till End of Year
Authorities in Abkhazia have decided to maintain a ban on cryptocurrency mining in the territory. The partially recognized republic in the South Caucasus is restricting the energy-intensive extraction of digital currencies, citing problems…
Sneaker Giant Adidas and Ready Player Me Partner to Launch AI-Generated Avatar Creation Platform
The German multinational corporation that crafts athletic shoes, sportswear, and accessories, Adidas announced on Tuesday the company is collaborating with Ready Player Me, a cross-game avatar platform for the metaverse. Adidas and Ready…
EverLend, First Lending Protocol on Everscale Network, Kicks off Operations With Successful LEND…
EverLend.app is a secured lending protocol powered by Everscale. The platform was successfully launched on the 18th of March, 2022 together with its own utility token. The platform facilitates DeFi lending by hosting funding pools with…
SEC Chair Gensler Asks Staff to Collaborate With CFTC on Regulating Crypto Exchanges
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has asked SEC staff to collaborate with the Commodity Futures Trading Commission (CFTC) to develop a new plan to regulate cryptocurrency trading platforms.…