Indian Government Clarifies Position on Cryptocurrency and Digital Rupee

2.2.2021
The Indian government has clarified its position on cryptocurrency and the country’s digital currency in answers provided by the Ministry of Finance in Rajya Sabha, the upper house of India’s parliament. The Indian crypto industry sees this clarification as positive news and that...

Conflux and Injective Launch Cross-chain Derivative Trading

2.2.2021
Conflux Network and Injective Protocol announce their strategic collaboration through social media. Conflux network, an open network building next-gen e-commerce, took to its official Twitter handle to excitedly announce the strategic partnership. The partnership aims to achieve two goals: First...

An NFT Was Sold For Nearly USD 129,900 Profit

2.2.2021
Hashmasks. Source: A screenshot, thehashmasks.com A single non-fungible token (NFT) was flipped for a profit of c. USD 129,870 in less than four days. The Cryptoverse is abuzz over a couple of pieces of art sold and bought recently for a substantial amount of money. The pieces are a part of...

Economists: CBDCs to ‘Flop’ if They Aren't Designed as Stores of Value

2.2.2021
Source: Adobe/Сергей Шиманович Central bank digital currencies (CBDCs) could become a store of value, a new paper claims – a move that could help them avoid becoming “a gigantic flop.” These were the findings of two economics experts at the University of Wuerzburg, in Germany, who published their...

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