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
Last year, the government wanted to award the role of crypto regulation to SEBI. Stars might face heavy fines for promoting a false or deceptive claim in a commercial. The Securities and Exchange Board of India (SEBI), India’s market regulator, collaborates with the Reserve Bank of India (RBI) on crypto-related
The RBI has long warned about cryptocurrencies being a threat. The Indian central bank is currently developing its own CBDC. RBI Deputy Governor T. Rabi Sankar talked about the potential impact of central bank digital currencies (CBDCs) on cryptocurrencies, like bitcoin and ether, at a webinar organized by the International
The RBI has not reportedly placed any shadowban on exchanges. The influence of cryptocurrencies on India’s macroeconomics has been frequently raised. As the cryptocurrency market continues to plummet, RBI governor Shaktikanta Das reaffirmed the central bank’s view that investors and the government should avoid investing in cryptocurrencies. During an interview
The price of Bitcoin and Ethereum has risen in tandem with global stock indexes. Ethereum has been up 2.24% in the last 24 hours. The ‘Number of addresses in loss’ on the Ethereum blockchain hit a two-year high on 7 May. The NFT craze is fading after studies indicated that
BNB Train is a BSC decentralized app (dApp) that generates profits through owner-renounced smart contracts leveraging flash loan arbitrage opportunities on the BSC chain. BNB Train, a high-yield farming DApp, is providing investors with tremendous returns. Investors will need a safe haven to weather the storm when the crypto market
The Liberty Gaming Guild is a ground-breaking ‘play-to-earn’ project that aims to provide a gateway for gamers to gain access to expensive and inaccessible NFTs within blockchain gaming and an ecosystem for them to learn and thrive within the new gaming community. The gaming ecosystems’ goal is to create a
Arbitrum, Ethereum’s most popular Layer 2 solution today, has over $2.5 billion in total value locked up. While numerous Ethereum DeFi protocols, like Balancer and Uniswap, have already joined the mainnet since its August 2021 debut, more are anticipated to follow. Yesterday, due to a Sequencer failure, transactions could not
Singapore, Singapore, 13th December, 2021, Chainwire ClearDAO announced today the barrier option marketplace on Arbitrum testnet is now open for public alpha testing. This is the first proof-of-concept marketplace built using the Clear SDK. The deployment on Arbitrum testnet comes after the deployment on BSC testnet two weeks ago. As
Road Town, British Virgin Islands, 8th December, 2021, OpenOcean, world’s leading DeFi & CeFi full aggregation protocol, is delighted to announce the successful aggregation of Arbitrum as well as its leading decentralized exchanges – UniSwap v3, Balancer v2, SushiSwap, Curve, DODO, Synapse, and Swapr. It will enable OpenOcean users to
