Moonriver and Turing Network create HRMP channel
12.7.2023
Following the testing of Moonbase Alpha and OAK Network’s staging situation, Moonriver and Turing Network parachains which are built on Kusama, are creating an HRMP channel between parachains for building advanced automation functions with the utilization of XCM within the Moonriver ecosystem....
Central Banks Controlling Money Is Not Democracy, Balaji Srinivasan Says
12.7.2023
If central banks control all uses of money, this is not democracy, Coinbase’s ex-tech chief Balaji Srinivasan is convinced. The entrepreneur commented on statements by the head of the Bank of International Settlements during an IMF meeting devoted to cross-border payments. Balaji Srinivasan Speaks...
US Senators Cynthia Lummis and Kirsten Gillibrand Propose Legislation to Regulate Digital Assets
12.7.2023
US Senators Cynthia Lummis and Kirsten Gillibrand are set to propose a new bill today to regulate cryptocurrencies and other digital assets in the country.
Lummis and Kristen will reintroduce their Responsible Financial Innovation Act amid the ongoing debate about the future of digital asset...
Litecoin is Going to Zero as LTC Price Plummets 10% But All Attention is on Thug Life Token as 5 Day Countdown Begins
12.7.2023
The Litecoin price has dropped by 1% in the past 24 hours, with its dip to $96.73 coming as the cryptocurrency market as a whole gains by 1%.
LTC is now down by close to 10% in the past week but up by 25% in the last 30 days, as anticipation surrounding the upcoming Litecoin halving – due in early...
Paradigm Counsel Accuses SEC of Overreach in Crypto Market Regulation
12.7.2023
Crypto investment firm Paradigm has submitted an amicus brief in the ongoing US SEC vs crypto exchange Bittrex case, asserting that the regulator is “wrongfully attempting” to oversee crypto secondary markets.
The US Securities and Exchange Commission (SEC) case against Bittrex should...
50th GST Council Meet announces 28% GST on online gaming
12.7.2023
The 50th meeting of the GST Council has made multiple significant revelations. The council has decided to levy 28% GST on multiple online gaming activities. This tax will apply at the full face value, covering activities such as Horse Racing and Casino gaming. The Ministry of Finance released...
How to use chatbots for virtual assistance
12.7.2023
Learn the key strategies for leveraging chatbots in virtual assistance, from setting goals to designing intuitive interfaces and continuously enhancing their performance
A Second Round of the Lummis-Gillibrand Crypto Bill Elevates CFTC, Defines DeFi
12.7.2023
The U.S. Securities and Exchange Commission (SEC) would take a back seat in a crypto oversight bill being re-launched by Sens. Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.), which would require that crypto exchanges be overseen by the Commodity Futures Trading Commission (CFTC) and...
Shiba Inu Price Prediction as Pro-Ukraine Internet Celebrities Use Shiba Memes to Combat Russian Propaganda – What's Going On?
12.7.2023
The price of Shiba Inu (SHIB) has barely moved in the past 24 hours, with its current level of $0.00000753 representing a 1% loss in the past week.
SHIB is up by 14% in the last 30 days though, with its latest movement coming as a number of pro-Ukraine celebrities have been using Shiba Inu memes...
Layer-2 Blockchain Starknet's ‘Quantum Leap’ Upgrade Goes Live, for Speedier Transactions
12.7.2023
The upgrade went live following a community vote that overwhelmingly agreed to deploy it to mainnet
Stablecoin Issuers Urged to Anticipate MiCA Rules by EU Banking Agency
12.7.2023
Regulators can be notified of stablecoin-related operations now even though the rules don’t take effect until June 2024, the European Banking Authority said
Bloktopia gets a changed logo and website
12.7.2023
Bloktopia came up with a changed website and logo. The new logo is now in the form of three hexagons and will be positioned live on social media platforms, unlike the previous four squares that it started off with at the time of the project’s launch in 2021. This information was released by the...