Sat, June 27

RBI Governor Warns About the Crypto Risks

The FSR 2022 records various statements highlighting the risks in the crypto market. 1% tax on crypto transactions reduced the volume of trading to 50% quantity. By June end, the Reserve Bank of India (RBI) released its annual financial stability report (FSR) 2022, where the RBI governor warned everyone stating

July 4, 2022 1 min read

Mexican Senator Indira Kempis Proposed Bill To Legalize Bitcoin

Over 67 million individuals in Mexico still do not have access to a bank account. Indira Kempis proposed a bill to accept BTC as legal tender in Mexico. Mexican senator Indira Kempis proposed a bill to accept Bitcoin (BTC) as legal tender in Mexico and claims the second-largest market that

July 2, 2022 2 mins read

Three Arrows Capital Files Bankruptcy in New-York

Chapter 15 bankruptcy prevents creditors from seizing a company’s assets. The 3AC liquidation reportedly reached at least $400 million. The crypto hedge fund Three Arrows Capital (3AC) has filed for Chapter 15 bankruptcy in New York, a move that secures its US assets while a British Virgin Islands liquidation is

July 2, 2022 2 mins read

Ankr’s Polygon and Fantom Wallets Targeted for Hack!

Ankr under serious hack attacks.  Hackers target Polygon and Fantom users. New specific link for accessing opened by Ankr. The Ankr (ANKR), a Web3 structure involving various multi-chain and cross-chain links, is currently under serious hack attacks. In spite of the hack, the official Twitter page of Ankr, posted a

July 1, 2022 2 mins read

European Countries Under Pressure as Inflation Soars Up

The increase in food costs accelerated to 3.2% from November’s rate of 2.2%. France, Italy, and Spain this week registered new all-time highs in the inflation rates. Eurozone inflation climbed to a new level, consumer prices increased 8.6% from a year earlier in June, up from 8.1% in May, pushed

July 1, 2022 2 mins read

VanEck’s Reattempt for Spot BTC ETF

VanEck refiled to the SEC for spot BTC ETF after eight months from the previous result. The new application’s deadline is marked march 2023. VanEck has reapplied to the U.S Securities and Exchange Commission (SEC) for spot bitcoin Exchange-Traded Fund (ETF), after facing rejection on Nov 21. It is one

July 1, 2022 2 mins read

Top Crypto Hacks of June 2022!

Crypto hacks and scams on the rise every month.  Major anomalies are ethical hacks upon the parent blockchains. Rug Pull and Discord Hack accounts to be the major attack modes. Horrible is the entire crypto industry and so devastating was the month of June 2022. The overall market cap has

July 1, 2022 2 mins read

BlockFi Was Being Sold to FTX But CEO Zac Prince Refused

BlockFi CEO Zac Prince, 100% confirms that the firm is being sold to FTX. This year, Bankman-Fried paid $648.3 million for a 7.6% stake in Robinhood. BlockFi, a leading cryptocurrency lending platform CEO Zac Prince disputes the reports that the firm has sold for $25 million, BlockFi previous value was

July 1, 2022 2 mins read

OpenSea Breach, Is Users’ Data Trapped by Scammers?

OpenSea issued a warning that hackers may attempt to email customers. In February, OpenSea suffered a massive hack of NFTs. A third party stole the collection of email addresses related to OpenSea customers via Customer.io, a platform for managing email newsletters and campaigns. Opensea is the world’s most prominent NFT

June 30, 2022 2 mins read

Here’s How One Blockchain Project is Helping Heal The World

There’s no denying the fact that the current rate of urbanization, industrialization being witnessed all over the globe is fast depleting the planet’s natural resources. And, while this has helped bring about a lot of socio-economic growth, it has also brought to the forefront the need for quality sustainability initiatives.

June 29, 2022 3 mins read