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India’s Crypto Trading Volume Plummets as New Tax Rules Enter Into Force


Crypto trading volumes in India have plummeted following the new tax law entering into force. The new rules impose a 30% flat tax on crypto income and do not allow losses to be offset against gains. New Crypto Tax Rules in Effect The new crypto tax rules entered into force on April 1 after...

Bandai Namco Announces Gundam Themed Metaverse


Bandai Namco, a game developer and publishing company involved in the production of toys from several intellectual properties (IPs), has revealed more information about its $130-million metaverse gambit. The company says this new initiative will be based on its Gundam IP, being one of the first...

Polygon Announces Zero-Knowledge Identity Platform for Web3


On March 29, Polygon, the layer two (L2) scaling solution that runs parallel with the Ethereum blockchain, has announced a new identity platform called Polygon ID. While the protocol is is still under development, Polygon ID is powered by zero-knowledge (ZK) cryptography and Polygon expects...

New Netflix Crypto Scam Documentary 'Excites' But Also 'Razzle-Dazzles'


  Exploring the mysterious circumstances of the collapse of Canadian crypto exchange QuadrigaCX and the death of its founder, Gerald Cotten, Netflix’s latest documentary is storming through the platform, topping the top 10 lists across the world.... Read More: New Netflix Crypto Scam Documentary...

Japan Considers Stricter Crypto Regulations in Light of Russia Sanctions


Authorities in Japan are planning to introduce tougher new rules for crypto operators as part of efforts to prevent Russia from using cryptocurrencies to evade sanctions. The legislative initiative comes after Tokyo asked digital asset exchanges to strengthen transactions monitoring this month....

ICT Spring Goes Beyond Frontiers and Unveils a New Format in 2022


The international tech conference will take place next June 30th – July 1st, 2022. Luxembourg, March 28th, 2022 – ICT Spring is a centerpiece of Luxembourg’s event calendar and one of the top European tech conferences. Organized by Farvest and hosted next June 30th and July 1st at LuxExpo...

IMF Warns Russia Sanctions Threaten to Undermine US Dollar Dominance


Financial sanctions imposed on Russia over its invasion of Ukraine may result in reduced dominance of the U.S. currency, according to a high-ranking official at the International Monetary Fund (IMF). The confrontation could lead to fragmentation of the world’s current monetary system,...

Layerzero Labs Secures $135 Million to Bolster Cross-Chain Interoperability


Layerzero Labs, the firm behind the interoperability protocol Layerzero, has revealed the company has raised $135 million in a Series A+ finance round led by Andreessen Horowitz (a16z), FTX Ventures, and Sequoia Capital. The new financing brings Layerzero Labs’ overall valuation to...

Zilliqa Token Rises Further as New NFT Gaming Partnership Announced


  The metaverse-focused Layer 1 blockchain Zilliqa’s native token ZIL once again rose sharply in price today, after new partnerships were announced and the progress in the roll-out of decentralized finance (DeFi) protocol was revealed.... Read More: Zilliqa Token Rises Further as New NFT Gaming...

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