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Chingari App’s Gari Token Rebounds 83% After Recent Free Fall

GARI’s price had been relatively stable in a volatile market at about $0.60. The team discussed with Indian cryptocurrency exchanges to investigate the problem. It was only a matter of time until the 2022 bear market’s domino effect caught up with the GARI token, which saw its value plummet by

July 5, 2022 2 mins read

BXH CeFi Exchange to Officially Start Trial Operation on July 7

The Hybrid Exchange platform BXH Foolish Child officially announced that the global station of the BXH exchange (CeFi) would enter the trial operation stage on July 7, 2022. The whitelisted Free Mint NFT will be opened soon, and whitelisted users will enjoy the VIP privileges of the exchange. The operation

July 5, 2022 5 mins read

Crypto Lending Platform Vauld Halted All Withdrawals

Vauld has raised around $27M from investors to expand its platform. The company hired Kroll Pte Limited as a financial advisor. Vauld intends to apply a moratorium in the Singapore courts. Today, Singapore-based cryptocurrency lending and exchange venture Vauld  has halted all withdrawals, trading, and deposits on its platform As

July 4, 2022 2 mins read

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

Taiwan’s Central Bank Ramps Effort To Launch Interest-free CBDC Soon

CBDC that pays interest on digital asset deposits would probably replace bank deposits. Taiwan’s CBDC pilot program is presently distributed to five chosen Taiwanese banks. Chin-long Yang, governor of the Central Bank of the Republic of China (Taiwan), has advocated a no-interest design for the country’s central bank digital currency

June 30, 2022 2 mins read

ASCI Crypto Guidelines Trespassed by Social Influencers

The Advertising Standards Council of India (ASCI) has received nearly 500 complaints about violating the regulations according to the proposed standards. The number of complaints accounts for 453 out of which 419 were confirmed violating. The recent advertisers and influencers have produced contact majorly on crypto or digital assets. But

June 29, 2022 2 mins read

Iran Expected To Launch Countries Pilot Version of Digital Rial by Aug 23

Salehabadi said the pilot project would begin in one of the countries’ provinces.  Only the monetary authority can issue and control the supply of crypto rial. According to the Persian calendar’s Shahrivar month, which begins on Aug 23, Iranian officials are preparing to begin a pilot program for the crypto

June 26, 2022 2 mins read

NFTs Accessible to All with Launch of Fiat-Focused SIMBA Market

SOUTH BEND, Indiana, 23rd June, 2022, Chainwire   SIMBA Chain, the leading provider of blockchain enterprise solutions, has announced the launch of its new non-fungible token (NFT) marketplace SIMBA Market. The platform, which will feature collections from a variety of well-known names in sports and entertainment from the outset, will

June 23, 2022 3 mins read

Coinbase New Strategy Reduces Influencers PayOut

Payment for two social media influencers has been decreased by more than 90% Workforce cut off by 30% and salary for existing reduced around 50% Advertising in social media has become mainstream over the past decade. The boom in this business strategy has inculcated all sectors starting from entertainment to

June 22, 2022 1 min read

Crypto Exchange BitOasis Cut-off 5% of Workforce?

BitOasis stated nine laid-off reflect nearly 5% of the company’s employment. Bybit joined the list by reducing its staff by 20% to 30%. On 19 June, Dubai-based cryptocurrency exchange BitOsasis the company, which has been serving the Middle East since 2015, announced the layoffs of 5% of its employees in

June 21, 2022 1 min read