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The lower house of the Indian Parliament, Lok Sabha, held a discussion on the importance of web3 and blockchain sector in India on December 6.
Rajeev Chandrasekhar, Minister of State for Electronics and Information Technology, emphasized the importance of Web3 and Blockchain technologies in India’s digital future. ...
9 months ago
Russia’s Central Bank says there has been a drop in the number of citizens trading crypto – with citizens staying away from major overseas trading platforms.
Per RBC, the bank’s data shows Russians’ crypto activity “decreased in the second and third quarters of 2023.” The bank said it had recorded a fall in Russ...
9 months ago
Aave has announced its rebranding to Avara and the acquisition of Los Feliz Engineering, a Los Angeles-based web3 startup.
Los Feliz Engineering, the acquired startup, is recognized for its development of the self-custody Ethereum wallet Family and the developer library ConnectKit. This acquisition brings Family and...
10 months ago
The crypto exchange is still considering which blockchain developer should build its network, with Polygon, Matter Labs and the Nil Foundation in the mix, according to people familiar with the situation.
Kraken, the big U.S. cryptocurrency exchange, is considering several of the leading blockchain-technology firms to help launch its own layer 2 network, people familiar with the matter told CoinD...
10 months ago
This past week saw a diverse set of tokens participating in an upswing, and the meme coin Pepe (PEPE) was the star of the show.
In the wake of the recent crypto market turbulence, spurred by speculation about Bitcoin spot ETF acceptance, PEPE has made waves with its announcement of burning more than $5.5 millio...
10 months ago
The legal fight between Terraform Labs and Citadel Securities over the 2022 UST stablecoin issue presents a complicated situation filled with accusations, calling for a careful and unbiased review to find out what really happened.
Citadel Securities is caught up in a legal issue with Terraform Labs, connected to the 2022 instability of the stablecoin UST. In a strong response to Terraform’s legal request, ...
10 months ago
Hong Kong Police arrested 8 more people on Thursday in the JPEX scandal, taking the total of arrested individuals in the alleged fraud to 36.
The police also revealed that a total of 2,595 people have reported losses in the JPEX crypto exchange. The total amount that has been defrauded in the alleged scam has ballooned up to 1.6 billi...
10 months ago
Some of Japan’s biggest businesses have asked the nation’s government to make crypto tax reforms, as the country continues to pivot to Web3 and crypto.
Per an official Japan Association of New Economy (JANE) announcement, the group has submitted a tax reform proposal to Tokyo. JANE has asked the government to “reduce tax ra...
11 months ago
The purchase was funded from a digital wallet, which has been a part of the chain of transactions, anonymized by the Ethereum coin mixing service Tornado Cash
One of the CrypToadz non-fungible tokens (NFTs), whose average price doesn’t exceed $1000, was bought for an astonishing 1,055 Wrapped Ethereum (WETH), an equivalent to $1.6 million. ...
11 months ago
MultiversX’s green contribution
The latest major crypto news comes from Elrond, with MultiversX leading the campaign for a greener Web3, offsetting 25% more CO2 than its emissions network. See what t...
11 months ago
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