Opera is ready to add more blockchains for its Web 3 users!

Opera is preparing to establish a new in-browser crypto wallet support for eight new blockchains in an efficient rollout across its apps and web browsers.  Blockchains like Polygon, StarkEx, Ronin, Celo, Nervos, IXO, and Bitcoin will come along with Ethereum.  In addition, Opera’s desktop crypto browser can now access Polygon and will shortly plug into the rest….

Requirement for Web3 talent increases as internet reaches to the next stage

Hiring trends disclose that software developers, entrepreneurs and startups in India will play an important role in developing global platforms and applications for Web3, the third generation of the internet. Web3 utilizes blockchain-based technologies to develop a decentralized version of the web. Firms creating Web3 platforms and applications will need blockchain developers, app developers, machine…

Socios.com’s promotional deal with Messi in crypto

Lionel Messi has signed a contract to promote Socios.com, a cryptocurrency company specializing in fan tokens. The Argentine has penned a mouthwatering £15million deal, joining the likes of Tom Brady and LeBron James in venturing into the virtual currency world. With this deal, Lionel Messi became the latest athlete to enter the crypto world, which has…

crypto trading

No Ads from Big Crypto Exchanges this IPL Season!

India’s top cryptocurrency exchanges have spent large sums on advertising with IPL 2021 and the upcoming T-20 world cup. But this time, they have determined not to do marketing during the 2022 IPL. Blockchain and Crypto Assets Council (BACC) has taken this decision. BACC has over 24 crypto organizations as members. Top crypto trading platforms…

Ukraine presents NFT ‘Museum of War’ in Crypto Crowdfunding Push

Ukraine began auctioning off a collection of non-fungible tokens (NFTs) on March 25, expanding a cryptocurrency fundraising push that Kyiv expresses has already organized more than $65 million for its war efforts.  The ‘Meta History: Museum of War’ is a series of virtual photos – including silhouettes of warplanes, screengrabs of news, and a cartoon-style…

Government anticipating classifying crypto under GST law

The Centre is working on the categorization of crypto under the GST law so that tax can be imposed on the complete value of the transaction. As of now, 18% Goods and Services Tax (GST) is imposed just on services offered by the crypto exchanges and is classified as financial services. GST officers said that…

ethereum

Ethereum magnificently blends to proof of stake (PoS) on Testnet

The new Proof of Work (PoW) Ethereum testnet has effectively merged in upgrading to complete Proof of Stake (PoS).  During a live stream of the event, developers affirmed that nodes were taking guidelines from an RPC call, the stakers, instead of the miners. The Geth node will offer some green text to say as much,…

India has tightened crypto rules!

India has tensed cryptocurrency rules by disallowing losses incurred in a particular digital asset to be set off compared to the income from another version of a crypto holding.  As per the views of Pankaj Chaudhary to lawmakers in parliament, the government should not allow tax breaks on infrastructure costs incurred while mining crypto assets…

India identifies 700 cryptocurrency investors for not paying taxes

The income tax department of India has reportedly targeted around 700 crypto investors who have failed to pay taxes on high-value crypto transactions. According to an official with the nation’s Central Board of Direct Taxation, they have a long list of people who were dealing in crypto assets but weren’t paying tax. The list includes…