Cointelegraph By Arijit Sarkar
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President Bukele predicts Bitcoin $100k rally, further legal adoption and more
Cointelegraph By Arijit Sarkar - 0
Last year, El Salvador became the first country to adopt Bitcoin as legal tender under Bukele’s presidency as a countermeasure to the growing inflation in the country. Since legalization, the president acquired 1,370 BTC for the country’s reserve and reinvested its unrealized gains into new infrastructure projects including...
Ethereum white paper predicted DeFi but missed NFTs: Vitalik Buterin
Cointelegraph By Arijit Sarkar - 0
Rounding up the last decade, Ethereum co-founder Vitalik Buterin revisited his predictions made over the years, showcasing a knack for being right about abstract ideas than on-production software development issues. Buterin started the Twitter thread by addressing his article dated Jul. 23, 2013 in which he highlighted Bitcoin's (BTC)...
VCs don’t understand that Cardano has a community: Charles Hoskinson
Cointelegraph By Arijit Sarkar - 0
In a recent YouTube video, Charles Hoskinson highlighted the rapid growth of the Cardano (ADA) ecosystem while clarifying the concerns raised by other members of the crypto community over the past year.“We live in a world where arbitrary groups of people get to be fact-checkers and decide what's...
NFTs to help brewers and farmers preserve UNESCO Belgian beer heritage
Cointelegraph By Arijit Sarkar - 0
Brewers and farmers from Belgian Barrels Alliance (BBA) have partnered with Zeromint to offer nonfungible tokens (NFTs) aimed at preserving the UNESCO recognized Belgian beer culture and heritage. As a part of the partnership, Zeromint will mint and offer exclusive NFTs on the GoChain blockchain, which will be made...
Indian taxman recovers $6.62M from WazirX for evading tax on commission
Cointelegraph By Arijit Sarkar - 0
Indian crypto exchange WazirX has reportedly paid over $6.6 million (49.2 crore rupees) following non-payment of Goods and Services Tax (GST) on trade commissions. The total recovery includes the pending tax of $5.43 million (40.5 crore rupees), the interest and a penalty for non-payment.Government officials from the Central...
$2.5T crypto market will not wait for nations to onboard: WazirX CEO
Cointelegraph By Arijit Sarkar - 0
Indian entrepreneur and the CEO of crypto exchange WazirX Nischal Shetty envisions a race between countries to launch their local versions of central bank digital currencies (CBDC) in the coming year. Speaking to Cointelegraph, Shetty said that the year 2022 would be an extension of the ongoing discussions around...
GameFi apps revived interest in blockchain gaming: Huobi Research
Cointelegraph By Arijit Sarkar - 0
Crypto exchange Huobi’s research arm, Huobi Research, has identified a rising interest in blockchain gaming as a direct impact from GameFi initiatives. GameFi implies the use of decentralized finance (DeFi) and blockchain gaming that incentivizes users based on a play-to-earn model. According to Huobi Research, on-chain data suggests that...
Metaswap Gas incommunicado as experts link MGAS price drop to rug pull
Cointelegraph By Arijit Sarkar - 0
Blockchain security company PeckShield has alerted investors of a possible rug pull event after identifying a massive 46.99% price drop on MetaSwap’s MGAS token. The MetaSwap protocol allows nonfungible token (NFT) swaps over the Ethereum, Binance and Polygon blockchains.Following the unexpected price drop, all official accounts linked with...
Indian police commissioner issues a public warning against crypto frauds
Cointelegraph By Arijit Sarkar - 0
Goel highlighted the various methods that are actively being used by fraudsters to dupe investors such as lucrative investment opportunities, illegitimate bank transfers and cryptocurrencies. Acknowledging the growth of Indian crypto users, Goel added:“They ask you to share your cryptocurrency details. And once you put it in...
Binance Turkey fined 8M lira for non-compliance against money laundering
Cointelegraph By Arijit Sarkar - 0
The Financial Crimes Investigation Board (MASAK), which serves as Turkey’s financial intelligence unit under the Ministry of Finance and Treasury, found crypto exchange Binance’s Turkey operations guilty of violating laws that intend to prevent the laundering of money acquired through criminal means. According to local news media Anadolu...