Exclusive Articles

Posted by Admin2 on May 17, 2022
Luna Foundation Guard Spent Almost $3B Valued BTC in Failed UST Revival AttemptLuna Foundation Guard (LFG), the non-profit organization that started to push the expansion of the Terra ecosystem has disclosed in a Twitter thread that it had sold off virtually its entire Bitcoin reserve in a failed attempt to stop the meltdown of its native governance token Luna and flagship stable coin UST. LFG had...
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Posted by Admin2 on May 16, 2022
Cryptocurrency Can Result in Dollarization of Indian Economy: RBI OfficialsCryptocurrencies will result in the "dollarization" of a section of the economy that might be against India's sovereign interest, top officials of the RBI have told a parliamentary panel, in step with sources.Briefing the Parliamentary standing committee on Finance chaired by former minister of state for finance Jayant Sinh...
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Posted by Admin2 on May 16, 2022
BTC, ETH, AND BITCOIN DOMINANCE WEEKLY UPDATEHello dear viewers, Welcome to our weekly analysis of some major cryptocurrencies. In this blog, our technical analyst has covered six major cryptocurrencies namely BITCOIN(BTC), ETHEREUM(ETH), and, BITCOIN DOMINANCE (BTC.D). We have analyzed the possible outcome of these five coins which will determine the upcoming market movement.BITCOIN(BTC) UPDATE:-...
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Posted by Admin2 on May 16, 2022
Emirates Plans on Adding BTC as a Payments: ReportsUnited Arab Emirates-based major airline service Emirates has plans to feature "Bitcoin as a payment service" and conjointly can launch a non-fungible token (NFT) trading platform. The Chief in operation Officer (COO) of Emirates, Adel Ahmed Al-Redha disclosed this info at a media gathering at the Arabian travel market — a global travel trade even...
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Posted by Admin2 on May 14, 2022
Shanghai High Court Categorizes BTC as Virtual Property Subject to Legal ProtectionChina's expulsion of crypto miners and alternative judgments had effectively restricted crypto trading and associated operations among its borders, but a recent judgment from the country's Shanghai High People's Court finds Bitcoin to be a virtual asset with economic value that's protected by Chinese law. The judgme...
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Posted by Admin2 on May 13, 2022
Terra Blockchain Officially Frozen over Fears of Governance AttackThe validators, or miners of Terra blockchain are involved that the network could, at this time, be at risk of grave threats since its native Luna token plunged earlier in the week. The developers of the Terra blockchain have frozen it at block 7,603,700 so as to halt all transactions on the network. Validators are concerned that a
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Posted by Admin2 on May 12, 2022
El Salvador President Nayib Bukele Reveals Images of 'Bitcoin City'Nayib Bukele, the President of El Salvador has showcased a layout of the planned Bitcoin city, which can be constructed near the Conchagua volcano on the Gulf of Fonseca within the south-east of the Central American country. On his Twitter account, Bukele shared footage of the city's urbanistic layout accompanied by the caption, wh...
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Posted by Admin2 on May 11, 2022
Indian GST Panel Plans to Levy 28% GST on Crypto Trading: ReportsIn what seems to be another mood spoiler for crypto investors within the country, Indian tax authorities are going to place crypto activities within the classifications of services that attract the best goods and Services Tax (GST) of twenty-eight percent. inline with reports, the GST council has brought about a committee to review a...
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Posted by Admin2 on May 10, 2022
United States ‘TRUST Act’ Brings Dollar Pegged Stable coins Financial SystemUS senator Patrik Toomey has introduced a special framework to fine-tune stable coins in terms of their transparency and security. The name of this draft is the Stable coin Transparency of Reserves and Uniform Sale Transactions Act of 2022, additionally dubbed the TRUST Act. With this, the US is formally accepting stable c...
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Posted by Admin2 on May 9, 2022
Meta's Instagram to Get Support for Eth, Polygon, Solana NFTsMeta-owned Instagram is gearing up to support non-fungible tokens (NFTs), designed on four blockchains — Ethereum, Polygon, Solana, and Flow. These blockchains became the 1st four networks, and NFTs designed on that, are supported by Instagram. NFTs are digital collectibles that contact the blockchain network for storage and support. The...
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