The number of Indian users of cryptocurrency exchanges has increased after the introduction of a 1% tax withheld by the Government of India on transactions above Rs 10,000, but trading volume has fallen sharply. After the new tax rules came into effect in July, the number of downloads of the Binance cryptocurrency exchange application by […]
Sarah
I am an experienced journalist, writer, and editor with a passion for finance and business news. I have been working in the journalism field for over 6 years, covering a variety of topics from finance to technology. As an author at World Stock Market, I specialize in finance business-related topics.
Coinbase will provide users with information about cryptocurrency lobbying
Cryptocurrency exchange Coinbase, against the backdrop of growing political influence on the industry, will post information about the lobbying of digital assets and decisions of local authorities regarding the industry. Coinbase CEO Brian Armstrong tweeted that this will help the platform’s 103 million verified users know what steps local political leaders and industry representatives are […]
Tesla sells collectible “cyber whistle” for Dogecoin
The American company Tesla has introduced another collectible item – the “cyber whistle”, which resembles the Cybertruck electric pickup truck in design and is sold only for Dogecoin. “Cyber Whistle” was released in a limited edition, which sold out quickly enough and is now not available for order. The cost of the collection whistle was […]
Paolo Ardoino: “The transition to PoS will not help Ethereum catch up with Bitcoin”
Tether and Bitfinex CTO Paolo Ardoino believes that Ethereum is still lagging behind Bitcoin. And the point is not even in technology, but in the very positioning of the second cryptocurrency. Paolo Ardoino noted that the transition of Ethereum to PoS will not help this cryptocurrency much, at least in the early stages. The merger […]
BNB Chain and Google Cloud Collaborate to Support Web3 and Blockchain Startups
The BNB Network has announced a strategic partnership with Google Cloud. Through a joint initiative, more than 1,300 participants in the BNB Chain ecosystem will have access to the platform’s cloud services. According to the participants of the agreement, the strategic partnership will support the growth of startups in the field of Web3 and blockchain […]
OFAC Blacklists Iranian Hackers’ Wallet Addresses
The US Office of Foreign Assets Control has blacklisted six wallets and nine Iranian citizens who are suspected of hacking attacks on the country’s government institutions. OFAC accuses defendants, listed blacklisted, conspiring to commit fraud, intentionally damage computer systems, and demand monetary compensation in bitcoins. All US individuals and entities, or any US citizens abroad, […]
DeFi Compound Treasury will offer clients USD and USDC secured by cryptocurrency
Amid the growing interest of large companies in digital assets, a crypto-lender supported by the Compound Finance protocol is launching dollar loans under BTC, ETH and ERC-20. Large business-focused decentralized finance (DeFi) platform Compound Treasury is set to offer crypto-backed over-collateralized loans to accredited institutional clients. Compound Treasury customers will be able to borrow on […]
New York Museum of Modern Art Considers Buying NFT
The New York Museum of Modern Art (MoMA) plans to increase its presence in the digital space to attract visitors and is considering buying NFTs. MoMA intends to invest in the purchase of non-fungible tokens (NFT) part of the proceeds from the sale of paintings by CBS founder William Paley. The museum expects to sell […]
Changpeng Zhao: “EU regulation could become the global standard for the crypto industry”
Changpeng Zhao, CEO of Binance cryptocurrency exchange, said that the principles of regulation of crypto assets in the EU can become a global standard for the entire industry. Speaking at the opening of the Binance Blockchain Week Summit in Paris, Changpeng Zhao stated that he believes the European Union’s Crypto Asset Markets Legislation (MiCA) has […]
SWIFT Partners with Symbiont to Launch a Blockchain-Based Project for Data Exchange
The international payment system SWIFT has entered into a partnership agreement with the American fintech company Symbiont to launch a blockchain-based pilot project for corporate data exchange. The project aims to automate corporate workflows using the Symbiont Assembly technology platform. With the help of smart contracts and the Symbiont blockchain, SWIFT hopes to improve the […]
