Recent developments in the cryptocurrency world, like Bitcoin’s freefall from $ 65,000 in April to under $40,000, have refocused attention on the rules that regulate India’s cryptocurrencies. Over $1 billion in cryptos has been pumped by approximately 7 million Indians. The Future of Cryptocurrency In India, the government faces a difficult task in enabling the…
Crypto space weighs in on proposed amendments to US infrastructure deal Some are urging U.S.-based crypto users to contact their representatives in support of the amendment from Wyden, Lummis, and Toomey. With more than one amendment proposed to the United States infrastructure plan that would modify a provision on cryptocurrencies, some figures in the space…
The Indian government’s position on cryptocurrencies is unclear, and banks have been warned against dealing with digital tokens. Cashaa, a “new generation banking platform” located in the United Kingdom, has found a method around this in an attempt to develop a company lending against cryptocurrencies. Cashaa Goes Around The RBI to allow cryptocurrency loans. To…
Makersplace, NFT platform, raised $30 million in a Series A funding round on Wednesday. The NFT marketplace’s creators said they want to use the funding to “acquire additional talent and scale the business.” While Pantera Capital and Bessemer Venture Partners co-led the Series A, Eminem, the world-famous hip hop artist, also invested in Makersplace. Makersplace…
According to industry insiders, the present price instability in Bitcoin is merely temporary, and another bull run could be on the way. The term “bitcoin” has become a catchphrase in the cryptocurrency sector. Bitcoin never ceases to astound or surprise investors, given the amount of attention it receives. It hit an all-time high of $65,000…
PancakeSwap and CryptoBlades Boast Most Users Across DeFi CryptoBlades and PancakeSwap are the top two decentralized Applications (dApps) in terms of total users. CryptoBlades currently has over 380,000 users while PancakeSwap comes in second with nearly 267,000 users. The recent rise of NFT gaming has seen CryptoBlades garner huge interest and propel itself to the…
