The G7 nations are taking steps to address concerns over the lack of regulation in the cryptocurrency industry.
7 mins ago 2 mins read

G7 Leaders Demand More Oversight of Cryptocurrency Trading

The G7 is taking steps to address concerns over the lack of regulation in the cryptocurrency industry. According to reports, the G7 is planning to promote tougher regulations of the crypto sector during the 49th G7 summit, which is scheduled to take place in Hiroshima, Japan, in May 2023. The goal of this plan is to increase transparency and consumer protections. The move comes in response to concerns about the potential risks that crypto assets pose to the global financial system. The collapse of FTX, a major cryptocurrency exchange in November, exposed the poor governance of the industry and sent

Senator Ted Cruz has proposed legislation to prohibit the Federal Reserve from creating a
10 hours ago 1 min read

Senator Ted Cruz Introduces Legislation to Halt Federal Reserve’s CBDC Agenda

Texas Senator Ted Cruz has proposed legislation to prohibit the Federal Reserve from creating a central bank digital currency (CBDC) for consumer use. The proposed bill aims to protect financial privacy by limiting the government’s capacity to track individual transactions, according to Cruz and his supporters. The bill’s introduction comes as a response to concerns raised by Cruz and others about CBDCs. The legislation is designed to ensure that U.S. digital currency policies prioritize financial privacy, encourage innovation, and maintain the dominance of the U.S. dollar. According to Cruz, CBDCs pose a risk of centralizing Americans’ financial information and making

Indian woman loses $30k to scammer on dating site
13 hours ago 1 min read

Romance Turns to Crypto Disaster for Mumbai Woman: Scammed out of $30K by Matrimonial Site Match

A 60-year-old Indian woman recently fell victim to a crypto investment scam and lost nearly $30,000. The woman, who had registered on a matrimonial site to look for a life partner, was approached by a man who claimed to be a US-based engineer. He promised her quick profits through bitcoin investments. The woman invested nearly $30,000 in cryptocurrencies through a person who was introduced to her by the con man. When she asked to withdraw her money, she was told she needed to pay a currency conversion fee and taxes equivalent to $15,000. The duo stopped communicating, and her virtual

Narwhal Finance Secures $1M in Seed Funding Led by Animoca Ventures
13 hours ago 2 mins read

Narwhal Finance Secures $1M in Seed Funding Led by Animoca Ventures

Denmark, Copenhagen, 24th March, 2023 Narwhal Finance Secures $1M in Seed Funding Led by Animoca Ventures Narwhal Finance, the decentralized cross-market perpetual trading platform built on BNB Chain and Arbitrum, announced a $1 million seed round funding led by Animoca Ventures, with participation from Hailstone Ventures and various angel investors. Narwhal Finance empowers users to engage in leveraged trading across an extensive array of pairs, including crypto, forex, indexes, and stocks, with leverages up to 1000x. Through its copy trading function, users can seamlessly follow top traders, earn substantial profits even with limited market knowledge, and enjoy an exceptional trading

Coinbase-Backed Decentralized Social Blockchain (DeSo) Revolutionizes with New Proof of Stake System
13 hours ago 3 mins read

Coinbase-Backed Decentralized Social Blockchain (DeSo) Revolutionizes with New Proof of Stake System

Los Angeles, California, 24th March, 2023 DeSo, the decentralized social media blockchain, has introduced a groundbreaking Proof-of-Stake (PoS) system, setting a new standard for the industry. This innovative technology promises to revolutionize and build upon the successes of previous Proof-of-Stake systems, providing greater energy efficiency and security while making its native currency, $DESO, deflationary. Implementing this new Proof-of-Stake system marks a significant milestone for the DeSo Blockchain, a new layer-1 that raised $200 million from Sequoia, Andreessen Horowitz, Coinbase Ventures, and more. DeSo’s state-of-the-art system combines and refines all of the best elements of earlier PoS systems, including Tendermint, HotStuff, DiemBFT,

LiteFinance Launches New Competitions and Promotions
22 hours ago 2 mins read

LiteFinance Launches New Competitions and Promotions

Limassol, Сyprus, 24th March 2023 ECN broker LiteFinance has unveiled a new selection of contests and bonus programs. Participants can win valuable prizes and also receive a tradable bonus to their account. New LiteFinance customers can participate in the monthly Best of the Best demo contest with a prize pool of $10,000. The top five profitable traders will receive a cash prize, providing initial capital to start real crypto asset trading. Another LiteFinance contest enables participants to win valuable prizes including brand-new gadgets and an unforgettable Maldives trip. During the contest period, participants may be eligible to receive a tradable

Toshi Tools Launches Market Data App for Crypto Traders
1 day ago 2 mins read

Toshi Tools Launches Market Data App for Crypto Traders

Calgory, Alberta, 24th March, 2023 Toshi Tools, an all-in-one crypto information app, is launching to provide crypto traders with the tools they need to succeed. An intuitive design and suite of unique features will empower users to navigate the complex world of cryptocurrency markets. The first recipients of the Toshi Tools app will be Tier 1 wallet holders, who hold at least 0.4% of the $TOSHI token supply, followed by everyone else. The team behind the app are determined to provide an easy-to-use interface that solves the information overload that is a major pain point within the crypto industry. The

ony's Patent Reveals Plans for NFT Transfers Between Games
1 day ago 1 min read

Sony Explores Cross-Platform NFT Transfers with New Patent

Sony Interactive Entertainment, the powerhouse behind the PlayStation brand, has filed a patent for a new framework that could revolutionize the way nonfungible tokens (NFTs) are used in gaming. With a history of interest in the crypto industry, the company’s latest move highlights the potential for integrating NFTs into gameplay across multiple platforms. The patent, titled “NFT framework for transferring and using digital assets between game platforms,” outlines Sony’s plan to enable users to transfer and utilize NFTs in different games. This would allow NFTs to represent skins and other in-game functionalities, enhancing the gaming experience for players. The abstract

Astroon Launches Astroon Fall, Their First Mobile Game
2 days ago 3 mins read

Astroon Launches Astroon Fall, Their First Mobile Game

Istanbul, Turkey, 23rd March, 2023 ASTROON is an innovative crypto project that aims to offer a unique and exciting experience for crypto enthusiasts. The project combines animated films, NFTs, and a utility token to create an immersive and interactive entertainment experience for users. The project’s vision is to create an enchanted journey for users where they can embark on an exciting adventure from Earth to the Moon with Astro and Roon, two beloved characters. ASTROON aims to provide a unique experience for users through its token, $AST, which will enable them to purchase and trade NFT collections and in-game items. One

Arbitrum (ARB)
2 days ago 1 min read

Arbitrum Airdrop Buzz Interrupted by Discord Hacker’s Malicious Intent

Arbitrum (ARB) investors were recently put on high alert by the crypto community following reports of a possible phishing scam that had made its way into the official Arbitrum Discord server. Unfortunately, the warnings proved accurate as hackers managed to drop a phishing link into the server. On March 25, blockchain security firm CetriK warned of a potential phishing link being circulated via the Arbitrum Discord server. It is suspected that one of Arbitrum’s developers had their Discord account hacked, which was then used to share a fake announcement containing the phishing link. The phishing message offered investors “the opportunity

Crypto Goes Mainstream in Germany
2 days ago 2 mins read

Crypto Goes Mainstream in Germany: 1,200 Banks to Offer Bitcoin Trading

Deutsche WertpapierService Bank AG (dwpbank) has made a significant announcement that could change the cryptocurrency trading game in Germany. The German securities processing giant has launched wpNex, a platform that enables over 1,200 affiliated banks to offer Bitcoin trading to their retail customers. The platform will allow for the seamless integration of crypto trading into the customers’ online banking experience. This means that customers can view their cryptocurrency holdings alongside their traditional securities, with no pre-funding required. According to a press release published on March 22, wpNex is a game-changer that will put Germany on the map as a major

El Salvador's President has announced plans to propose a bill to Congress that would abolish taxes on technology
2 days ago 1 min read

El Salvador’s President to Propose Bill Eliminating Taxes on AI and Tech Innovations

El Salvador’s President Nayib Bukele has announced plans to propose a bill to Congress that would abolish taxes on technology innovation, computing, artificial intelligence (AI) development, and communication hardware manufacturing. The bill is aimed at encouraging growth in the technology sector and attracting more foreign investment to El Salvador. The tax exemption will include property, capital gains, income, and import tariffs on technology innovations such as coding, software programming, AI development, computing, and communications hardware manufacturing. President Bukele’s administration has been investing in infrastructure, education, and entrepreneurship programs to promote innovation and digitalization across various sectors. This move is part