Crypto News: The SHIB is gaining value again as several ETH holders purchase the coin in bulk to hold. Speculators suggest the SHIB prices are soaring towards the near-highest support area. According to a crypto news report, the Ethereum whales collectively own $45 trillion worth of SHIB tokens. The SHIB tokens share (approx. 20%) in […]
Crypto News Daily: The Indian Finance Minister speaks in the lower house of Parliament and states Global Collaboration is Essential for Crypto Ban! Indian Finance Minister answers Crypto legislation questions by a Parliament member, clarifying the state of crypto adoption. Sitharaman stated RBI views that it should ban cryptocurrencies in the nation. » Indian Finance […]
Crypto News Daily: The US Securities and Exchange Commission has already been gearing up on Crypto platforms and crypto firms for regulation enforcement. After adding 34 names of Crypto and Forex exchanges and platforms to the RED list, SEC looks forward to regulating crypto in the US. The US Treasury has submitted the draft of […]
After the arrival of the crypto tokens and crypto technology, it appears that it’s all there is to the world. Surely enough, the Web3 technologies have already presented an Extended Reality (XR), which is only dawning with time. Amidst these innovations and the urgency to adopt digital ownership, there have been plenty of Crypto Lawsuits. […]
Crypto News Daily: The OpenSea NFT marketplace has announced plans to lay off 20% of its employees to reformulate growth plans. OpenSea cites Crypto Winter as the reason to lay off employees in the existing bear market. The CEO of OpenSea took to Twitter to announce the news, also adding broad macroeconomic instability as the […]
Crypto News Daily: Celsius announced bankruptcy to resolve its liability issues and work on restructuring, but a report shows it’s down and under. Celsius acknowledges having a deficit of $1.190 Billion on its balance sheet. » Celsius Owes Creditors +$1.2 Billion in Assets! A report filed by the advisor partner of the decentralized finance lender […]
Crypto News Daily: The Indian Blockchain and Crypto Assets Council (BACC) is ruled to be disassembled over several compliance issues. Internet and Mobile Association of India (IAMAI) deals a big setback to Indian Crypto Investors and Crypto Exchanges. The IAMAI called a meeting and discussed it with Crypto Exchanges like CoinSwitch Kuber, CoinDCX, and WazirX. […]
Crypto News Daily: The New-Jersey-based Crypto Platform Celsius voluntarily initiates the voluntary Chapter 11 bankruptcy for stakeholders’ interests & consummate restructuring transactions. Estimated Assets and Liabilities of the platform are consolidated between $1B to $10B valuations. » The Celsius Crypto Firm Files Bankruptcy after 150 Employees lay-off! Celsius approaches the U.S. Bankruptcy Court for Southern […]
The global dollar is not just a term because the USD is considered the International Reserve Currency. From global trades to payment systems like SWIFT, all global financial systems hold the USD reserve as the financial standard. However, the rise & adoption of cryptos raises the question — could Crypto Tokens Reserve overtake USD as […]
Crypto News Daily: Increasing electricity usage causing an electric shortage in Kazakhstan draws national authorities’ attention. President of Kazakhstan, Kassym-Jomart Tokayev, signs a law amendment to the tax code, raising per kWh cost! Until February 2022, the cost of 1 Kazakh tenge (US$0.0021) per kilowatt of power was near-negligible. The new signed range will require […]