Cointelegraph By Prashant Jha
Terra remained the focus of the majority of headlines throughout May for its spiral collapse leading to a loss of over $40 billion in investors’ money. Despite some early resistance from the community and heavy backlash from the likes of Binance CEO Changpeng “CZ” Zhao, Terra co-founder Do...
South Korea, a nation known for its strict crypto regulatory stance, is betting big on the metaverse. The government will invest over 223.7 billion won ($177.1 million) directly in various metaverse projects.The decision to invest in the nascent metaverse tech makes South Korea one of the first national...
Crypto miners account for two percent of the total electricity consumption in Russia, according to the latest government estimate.The energy consumption share of the crypto mining industry has exceeded the country’s agricultural sector, showing signs of recovery after Russia fell out of the top three in the global...
Netflix’s new crypto documentary titled "Trust No One: The Hunt for the Crypto King'' was released on 30 March amid much fanfare. The documentary is based on the mysterious death of the now defunct crypto exchange QuadrigaCX founder.https://www.youtube.com/watch?v=vW2BPQ15OSwThe founder of the crypto exchange allegedly died on a trip...
Delta, an investment tracker app that allows users to keep tabs on their stock and crypto portfolios, is now entering the nonfungible token realm with its NFT explorer services.The newly announced NFT tracker would allow users to track their NFT collections alongside their stocks and crypto holdings. With...
The Indian Finance Bill 2022 with new 30% crypto tax rules was approved by the Rajya Sabha, the upper house of the Indian parliament, to make it a law today that will come into effect starting on April 1.The approval of the bill by the upper house of the...
Kyrgyz member of parliament (MP) Karim Khanjeza called for the legalization of cryptocurrency in the country during a parliamentary committee meeting on law and order and combating corruption.During his speech, MP Khanjeza advocated for developing a legal framework for the crypto market and suggested amendments to the draft...
Le Minh Khai, the deputy prime minister of Vietnam has issued a notification to the finance ministry, asking them to explore and amend laws to build a legal framework for the digital asset market.In a notice dated March 23, the Deputy PM has instructed the Ministry of Finance...
Huobi Tech, a public listed fund manager in Hong Kong, plans to launch a cryptocurrency tracking exchange-traded fund (ETF) for retail investors.The Hong Kong Stock Exchange-listed company has reportedly submitted a proposal to the Securities and Futures Commission (SFC) for its crypto ETF. The new ETF product will...
The week was filled with ups and downs for the decentralized finance (DeFi) space, with several tokens registered new weekly highs. Cardano founder admitted he was wrong about his bold prediction on the number of decentralized applications (DApps) in the Cardano ecosystem, and Coinbase Cloud released a new...
