A new company called Bedu, a UAE-based start-up which is primarily focused on the Metaverse, has launched its operations in Dubai. It aims to leverage
Category: News
US Technology Companies Turning to Solar for Crypto Mining
The two US technology companies, Block and Blockstream, are preparing to launch a fully solar-powered Bitcoin creation centre, or mine, in June, in an effort
India’s CBDC Coming 2022-2023, RBI Deputy Guv Says ‘Need Calibrated Approach’
A Central Bank Digital Currency could affect the transactional demand for deposits in the banking system, RBI deputy governor said on Thursday. The Reserve Bank
The EU Imposes More Sanctions on Russia; Targeting Crypto Wallets
The European Union (EU) in support of Ukraine is moving to impose even greater sanctions on Russia. In a new tranche of sanctions, the body has
The Hong Kong-Macao Gang’s $430 Million Dollar Cryptocurrency ATM Scam
Two local and six Hong Kong men were arrested last week for using cryptocurrency to launder around MOP 430 million obtained from online scams, Judiciary
EU Landmark Crypto Regulation Rejects Crypto Privacy
Two committees of the parliament of the European Union voted for a bill that would strip all privacy protections from cryptocurrency. It was reported by
Ethereum Whale Scoops Up A Whopping 51,440,208,121 (51.44B) SHIB Tokens
News reports confirm that the 4th biggest well-known whale of Ethereum, “Tsunade,” has scooped up a whopping 51,440,208,121 (51.44B) SHIB tokens in just a single significant transaction, valued
Bitcoin, A Global Reserve Currency or The Metaverse Worth $13 Trillion By 2030?
On Thursday, the investment firm Vaneck published a blog post that calculates how much gold or bitcoin would be worth if the two assets became
Thailand Waives Income Tax on Earnings From Crypto
The Thailand Government has waived income taxes on the earning from cryptocurrency. Located in the heart of mainland Southeast Asia, Thailand is making cryptocurrency tax concessions and
Israeli Banking System Will Enable Trading in Cryptocurrencies
While waiting for the approval from Israel’s regulators, Leumi’s digital funding arm, Pepper Invest, is partnering with blockchain infrastructure firm Paxos to supply prospects the