Key Takeaways Russia’s Ministry of Finance has reportedly proposed new regulations to legalize cryptocurrencies as financial assets. The regulator has suggested that banks could be authorized to...
Tag: Finance
Grayscale Launches Future of Finance ETF, Tracking Crypto & Fintech Firms
The world’s largest crypto asset manager has launched a new exchange-traded fund that tracks the leading companies in the world of payments and finance. Grayscale Investments LLC launched its Future o...
Taking Decentralized Finance To New Heights
Value Finance is a decentralized finance solution geared to empower Blockchain-based businesses. It intends to offer a wide range of services to help existing businesses and startups scale their opera...
Web3 Data Platform Dune Analytics Propels to Unicorn Status After $69.4 Million Fundraise – Finance Bitcoin News
The Web3 analytics platform Dune Analytics has announced it has closed a $69.4 million Series B fundraise led by Coatue. The firm’s latest fundraise follows the company’s Series A last August when Dun...
India Will Never Accept Cryptocurrency As Legal Tender, Says Finance Secretary
India’s Finance Secretary T.V. Somanathan warned on Wednesday that private digital money will never be recognized as legal tender in the country. Only the Reserve Bank of India’s digital currency is r...
$325 Million In Crypto Allegedly Stolen From $1 Billion Decentralized Finance Platform
Topline Wormhole Portal, a platform that helps users transfer cryptocurrency between the Solana and Ethereum blockchains, said Wednesday afternoon a hacker had stolen more than $325 million worth of t...
Staking in Aggregated Finance “DAO”
In the burgeoning decentralized finance (DeFi) sector, “staking” has become an increasingly popular way for investors to earn a passive income while they hold investments. More and more companies tha...
Qubit Finance Crypto Platform Hacked; A Lot of Money Is Gone
It’s happened again, folks. Another crypto hack is in the books and a lot of money has been stolen. This time, the victim is a digital currency platform known as Qubit Finance, a defi trading arena. T...
India’s Finance Secretary Says Crypto Will Never Be Legal Tender
Key Takeaways T.V. Somanathan, Finance Secretary of India, has said that crypto assets like BTC, ETH, and NFTs will never become legal tender. He also said that the Reserve Bank of India would never d...
Crypto Giant Grayscale Launches ETF On “Future Of Finance”
Crypto and digital asset manager firm Grayscale launched its first Exchange Traded Fund (ETF) in collaboration with Bloomberg. Per a press release, the investment product will trade under the ticker G...
Bitcoin, Ether, and NFTs will ‘never become legal tender’ in India, says Finance Secretary
T.V. Somanathan, the finance secretary for the Indian government, is reportedly pushing back against the narrative cryptocurrencies will be widely accepted in the country — by dismissing the possibili...
Bitcoin and Ethereum Will Never Become Legal Tender in India, Says Finance Secretary
Alex Dovbnya India’s finance secretary has definitively rejected the idea of making Bitcoin and Ethereum legal tender India’s Finance, Secretary T. V. Somanathan, has dashed whatever slim ...
Grayscale Investments Launch First ETF: Grayscale Future Of Finance ETF
Grayscale’s first ETF product tracks Bloomberg Grayscale Future of Finance Index and selects U.S. Bank as Service Provider New York- Grayscale Investments®, the world’s largest digital currency asset ...
Building an all-inclusive financial center: An interview with Hector Finance CEO
Stablecoins, known for their non-volatility as opposed to all the other inherently volatile cryptocurrencies, are among the hottest digital assets in 2021. They help traders store non-volatile value...
Value Finance: Set to rule as the staking event begins
Value Finance is a decentralized finance solution geared to empower Blockchain-based businesses, is pleased to announce its Staking Event, starting from 2nd February till 18th February. The $VFT Toke...
Value Finance Reaches Hardcap As The 1300 BNB Mark Is Crossed, Staking Event Set To Begin
Advertisement     Value Finance is a decentralized finance solution geared to empower Blockchain-based businesses. It intends to offer a wide range of services to help...
‘All Except RBI Currency Are Assets’ Indian Finance Minister Clarifies On 30% Tax
The Indian Finance Minister Nirmala Sitharaman was unequivocal when she declared that “I don’t wait until regulations come in place to tax people making profits.” However, on NDTV’s question on the ne...
India’s Finance Minister unveils the Union Budget 2022 to tax crypto
India has included a crypto tax in its Union Budget 2022. The cryptocurrency market in India remains highly unregulated. However, this tax will now introduce some form of clarity in the Indian cryptoc...
India Proposes 30% Tax on Crypto Income — Finance Minister Cites ‘Phenomenal Increase’ in Crypto Transactions – Regulation Bitcoin News
The Indian government has proposed taxing income from cryptocurrencies and other digital assets at 30%. India’s finance minister, Nirmala Sitharaman, said: “There’s been a phenomenal increase in trans...
India’s Finance Minister Says CBDC Digital Rupee Could Be Coming By FY 2022-2023
Speaking earlier today at India’s budget session, Indian Finance Minister Nirmala Sitharaman said that India will introduce its central bank digital currency (CBDC) aka Digital Rupee in the next finan...
India shows no sign of banning crypto, introduces Taxation: indicates Finance Minister
High taxes would be charged on transfers and remittances through the digital assets. Indian Budget 2022 is here; finally, virtual digital currencies and CBDCs got some space into the picture. High tax...
Solana’s Phantom Raises $109 Million in a Series B Fundraise Obtaining Unicorn Status – Finance Bitcoin News
On Monday, the team behind the Solana Web3 wallet platform Phantom announced it had raised $109 million in a Series B fundraise. The crypto company is now a Unicorn with a post valuation of $1.2 billi...
FTX Raises $400 Million in Series C Fundraise, Firm Reaches $32 Billion Valuation – Finance Bitcoin News
Following the company’s subsidiary FTX US raising funds in its first Series A financing round, parent company FTX Trading Ltd. has announced it has secured $400 million in a Series C fundraise. The cr...
HOKK FINANCE LAUNCHES ETHEREUM AGGREGATOR
HOKK Finance’s latest product elevates the token from its meme coin competitors, confirming its place as a leadingdecentralized finance (DeFi) solutions provider. Copenhagen, December 23, 2021. HOKK F...
US Financial Advisors Expect Proportion of Crypto Holding Clients to Increase by 60% – Finance Bitcoin News
According to the findings of a new survey, the number of financial advisors currently counseling crypto holding clients is expected to double from the current two out of ten or 20% to 44% by the end o...
DeFi platform Qubit Finance begs hacker to return $80 million in stolen funds
The loss of funds has a profound effect on many people Hacker stole 206,809 binance coins It is worth more than $80M Losing $80 million worth of BNB tokens in a new hack, Qubit Finance joined the app...
These 3 Stocks Hit Higher Highs As The Market Tanked
Business Graph getty Typically, it’s a good sign when a stock continues upward to new highs while most other stocks are selling off like mad. Looking at the list of new highs this week, you could find...
Blockchain and Cryptocurrency Is ‘Here to Stay and Impossible to Regulate at Large’ — CEO of a United Arab Emirates Based Bank – Finance Bitcoin News
According to the chief executive officer (CEO) of the United Arab Emirates-based financial institution, Bank of Sharjah, blockchain and cryptocurrencies are not only difficult to regulate but are also...
$80M Stolen From BSC-Based Qubit Finance In Latest DeFi Hack
A hacker has stolen $80 million in Binance Coin (BNB) after exploiting a critical vulnerability issue in the smart contract code deployed by decentralized finance (DeFi) protocol Qubit Finance on its ...
DeFi protocol Qubit Finance exploited for $80 million in a recent hack
Losing $80 million worth of BNB tokens in a recent hack, Qubit Finance joined the unfortunate list of exploited DeFi protocols on Binance Smart Chain (BSC). The DeFi lending protocol reported the inci...