Wed, January 8

Report: Binance Halts EGLD Network Following $1.65M Loot

Binance has suspended all withdrawal and deposit functions of the Elrond (EGLD) network on its platform after a hacker attack. According to a report on CoinQuora, the perpetrator made away with $1.65 million worth of EGLD tokens. The declaration happened on the morning of January 8, 2022, through the exchange’s

June 8, 2022 2 mins read

Crypto Tax TDS Percent in India Rectified After Typo on Income Tax Website

Several cryptocurrency platforms and investors took to social media to debate the issue. As of July 1, 2022, a 1% TDS will be applied to virtual digital assets. Tax Deductible at Source (TDS) for virtual digital assets has been reaffirmed at 1 percent, as indicated in the Union Budget for

June 8, 2022 2 mins read

Cardano Treasury Holds 500M USD Worth ADA

Cardano treasure holds 900M ADA and spent 27M on Project Catalyst. The price of ADA is $0.6478 with 10% growth at present. The Cardano treasury has confirmed that they had an account of 900M ADA which was valued to be 500M USD. Also, they have made statements on the expenditure

June 8, 2022 2 mins read

Top 3 Altcoins For June 2022: ILV, GALA and COPI

Gala is down 5.93% in the last 24 hours. Illuvium hopes to appeal to both casual gamers and diehard DeFi enthusiasts alike. Let us look at the top 3 altcoins for June 2022. Illuvium (ILV) The Ethereum blockchain powers Illuvium, an open-world fantasy war game. With various collecting and trading

June 8, 2022 1 min read

Circle Announces Support For Polygon USDC on Its Payment Platform

Ethereum-Polygon Bridge transactions are inconvenient for many users. Polygon has grown to include more than 20,000 Dapps. The US Dollar Coin (USDC), a crypto stablecoin developed by Fintech firm Circle, is now available on the Polygon blockchain. Polygon USDC eliminates the need for users to transfer their USDC from Ethereum’s

June 8, 2022 1 min read

Solana Blockchain NFT Sales Clock Whopping $2.35 Billion

Solana, has been dubbed the “Ethereum Killer.” SOL has been down 6.65% in the last 24 hours. After setting new records for the largest blockchains in terms of all-time NFT sales volume, Solana continues to fight for its rightful place as one of the best platforms supporting smart contracts. One

June 7, 2022 1 min read

Terra Employee Investigated For Alleged Embezzlement by Seoul Police

According to reports, this theft happened in May 2021. The South Korean authorities are looking into Do Kwon’s tax evasion. Reports from South Korea claim that a Terra employee is under investigation for allegedly embezzling Luna and Terra’s corporate funds. According to reports, this theft happened in May 2021. The

June 7, 2022 2 mins read

Japan to Update Laws to Seize Digital Assets

Crypto assets are expected to be treated similarly to monetary claims. Law update by the end of this year after legal team advice. Japan’s Ministry of Justice, is in process of updating the Organized crime sector laws to inculcate the cryptocurrency. Digital assets are the focus of money laundering, cyber-attacks,

June 7, 2022 1 min read

Polygon (MATIC) Price Rebounds Following Recent Developments

Polygon is up 4.00% in the last 24 hours. It is estimated that at least 134,078 ETH wallets contain more than 100 MATIC tokens. Polygon (MATIC) has fallen by more than 60% from its all-time high of $2.92 set on December 27th, 2021. In the midst of a bigger crypto

June 6, 2022 2 mins read

Top 3 Projects With Market Cap of $50M – $100M: LOOKS, XCAD and ALICE

XCAD Network has an NFT Marketplace for makers. LooksRare is down 3.76% in the last 24 hours. Let us look at the top 3 projects with a market cap between $50M to $100M as per CryptoDep. LooksRare (LOOKS) NFT marketplace LooksRare uses the LOOKS token to reward traders and artists

June 6, 2022 1 min read
Floating Icon