Cointelegraph By Prashant Jha
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Multichain DApp protocol Astar raises $22M in latest round led by Polychain
Cointelegraph By Prashant Jha - 0
Astar, a multichain DApp protocol formerly known as Plasm, has raised $22 million in its latest strategic fundraise.The funding round was led by Polychain and saw participation from the likes of Alameda Research, Crypto.com Capital, Digital Finance Group and a few other angel investors. Astar rose to popularity...
Belgian MP becomes first European politician to accept salary in Bitcoin
Cointelegraph By Prashant Jha - 0
Bitcoin (BTC) craze among lawmakers has reached the Belgian parliament now, as Brussels member of parliament Christophe De Beukelaer became the first European politician to convert his salary to Bitcoin.The Brussels MP’s monthly salary of EUR 5,500 will be converted to Bitcoin using Bit4You crypto trading platform, reported Bruzz....
SEC reportedly probing crypto lending products by Gemini and Celsius
Cointelegraph By Prashant Jha - 0
The United States Securities and Exchange Commission (SEC) is reportedly reviewing some of the high-yield crypto lending products offered by Gemini, Celsius Network and Voyager Digital.According to a report published in Bloomberg, the SEC is conducting an inquiry into digital asset lending services. The main focus of the...
Indonesian regulator takes cue from Islamic NGOs, bars crypto sales for institutions
Cointelegraph By Prashant Jha - 0
Indonesia’s financial watchdog the Otoritas Jasa Keuangan (OJK) warned financial institutions in the country against offering or facilitating crypto-asset sales.On Tuesday, the official Instagram account for OJK posted a warning against the growing number of crypto Ponzi schemes and risks of crypto investments owing to the market’s volatility....
The Beatles and John Lennon music history collection to be auctioned as NFTs
Cointelegraph By Prashant Jha - 0
John Lennon’s eldest son Julian is selling some of the rarest pieces of music history from his private collection. John Lennon’s coat from the “Magical Mystery Tour” film, his cape from “Help!,” three guitars and Paul McCartney’s handwritten arrangement notes for “Hey Jude” are some of the most sought...
NFT marketplace bug undervalues tokens, helps exploiter nab $750,000
Cointelegraph By Prashant Jha - 0
A bug in the front end of popular nonfungible token (NFT) marketplace OpenSea has reportedly led to an exploit allowing users to buy popular NFTs at their previous listing price.The bug seems to be prevalent with Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) NFT...
The Bank of Korea has successfully completed the first phase of its central bank digital currency mock testing started in August 2021. The South Korean central bank said that the first phase of its CBDC mock testing was completed in December while the second phase is currently underway, reported...
The crypto market lost over $500 billion in combined market capitalization earlier Friday. The market bloodbath led to over $700 million in liquidation as top crypto assets bled heavily. Bitcoin (BTC) fell below the critical support level of $40 thousand while Ether (ETH) also lost $3 thousand support.At...
Thailand’s Committee on Monetary Affairs, Finance, Financial Institutions and Financial Market conducted a virtual meeting to discuss various aspects of crypto taxation.The ruling party MP Watanya Wongopasi posted a summary of the discussion on her Facebook page and urged the Excise department to do their due diligence before...
Russian central bank proposes blanket ban on crypto mining and trading
Cointelegraph By Prashant Jha - 0
In a report published on Thursday, The Central Bank of Russia has called for a blanket ban on domestic cryptocurrency trading and mining.The report titled "Cryptocurrencies: trends, risks, measures" compares cryptocurrencies to a Ponzi scheme and calls for a complete ban on their use throughout Russia. The authors...