In recent times Large IT giants are preparing to enter into Metaverse, Web 3 & ecommerce. Flipkart is expect to make an official announcement of Flipverse soon. Flipkart is launching Flipverse in India, an engaging virtual shopping destination. According to sources close to the initiative, the eCommerce giant has partnered
The founder and CEO of Totality Corp, Anshul Rustaggi, shared cultural and social obstacles in an interview with Cointelegraph. And he said that Indian government regulation prevents the widespread adoption of Non-fungible tokens (NFTs) in the country. According to Rustaggi, cryptocurrency trading and NFT collections are considered as risky investments,
Draft for regulating stablecoins is seemingly to ban algorithmic stablecoins. Strict regulation to follow for both banking and non-banking issued stablecoins. U.S House of Representative draft for stablecoins regulation is seemingly to ban algorithmic stablecoins for two years, as per the draft received by Bloomberg. The voting is expected to
Coins and stocks are both available for trading on Robinhood. WazirX will no longer support the stablecoins USDC, USDP, and TUSD. According to the company’s Twitter, Robinhood has added support for trading USDC. The online brokerage platform has lately been adding new cryptocurrencies for trading, and USDC is the most
It has reported that Nasdaq Inc., the second biggest stock exchange, is looking to begin offering cryptocurrency custody services. The effort to join the crypto custody business is reportedly waiting on regulatory permission at this time. As part of its expansion, Nasdaq is forming a new company called Nasdaq Digital
Michael Saylor, founder of MicroStrategy, recently tweeted about buying 301 Bitcoin. As of September 19th, 2022, the company has 130,000 bitcoin in storage. The recent drop of Bitcoin (BTC) to a low of $19K has been devastating for many people. But it seemed like the bear market was good for
The recently launched EARN will protect its users from market volatility. EARN offers complete transparency and daily rewards on the blockchain. The prominent decentralized platform, Cake DeFi, has come up with a new initiative for investors. The firm recently announced the launch of a new hybrid investment product, EARN. According
Bybit will contribute data to the Laevitas platform. Bybit released its new options trading web-based guide. One of the world’s prominent cryptocurrency exchange Bybit has teamed up with Laevitas, a data analytics platform that offers quantitative finance models for the cryptocurrency space. The collaboration intends to improve both top platforms’
CoinDCX’s Twitter account was hacked by an unknown hacker and promoted XRP. The hacked account used Ripple CEO Brad Garlinghouse’s images to gain trust. An Indian cryptocurrency exchange CoinDCX is a new victim of phishing. Unknown hackers briefly took control of CoinDCX’s Twitter account to tweet scam links to promoting
On Friday, the U.S. Department of Justice (DOJ) said that a Los Angeles man had been given “38 months in prison for his participation in Bitconnect.” Justice Department officials called Bitconnect a “massive fraudulent cryptocurrency investment scheme.” Typical Ponzi Scheme According to court records, 44-year-old Glenn Arcaro plotted with others
