India’s Finance Minister had announced a 30% tax on all crypto income, including NFTs Tax chief JB Mohapatra says the step doesn’t equate to legalizing crypto trading in the country. Tuesday’s budget speech by India’s Finance Minister Nirmala Sitharaman included a provision for a 30% tax on crypto income,...
“It's not a very good idea to get into crime in NFTs because it's expensive,” said Kim Grauer, Chainalysis’ head of research. “It's hard to guarantee you'll be profitable if you wash trade, and if you want to use to launder money, we can trace it, and...
One of Ethereum’s most popular data visualization and analytics platform is gearing up for expansion with a massive fundraising round.On Wednesday, Dune Analytics announced the close of a $69,420,000 round at a $1 billion valuation. (The meme-flavored sum follows crypto exchange FTX raising $420,690,000 last October.)The round was...
The BGFOF index was launched in January in conjunction between the two firms and tracks the performance of 22 financial services companies in the digital economy. The list of companies includes Silvergate Capital (SI), PayPal (PYPL), Coinbase Global (COIN), Block Inc (SQ), Robinhood Markets Inc (HOOD), Argo Blockchain...
Deutsche Bank initiated coverage of metaverse play Matterport with a buy rating, calling the company a leader in the digitization of the built world.The bank's analysts led by Bhavin Shah started coverage on Tuesday with a price target of $14, implying a 46% upside from the recent close.Matterport’s...
The crypto markets were in the green this morning, with the majority of the top 10 cryptos registering gains over the past 24 hours. US indices put a poor January behind them to finish higher yesterday. Cruise stocks Carnival Corp (+5.51%), Norwegian Cruise Line Holdings (+3.7%), and Royal Caribbean (+4.24%)...
UFO Gaming is a fully decentralized intergalactic social gaming token. It added almost a quarter to its value in the last 24 hours on news of a CoinSpot listing.  Look no farther than this short guide to learn more about UFO Gaming, if it would make a good...
QuickSwap price has been rallying for the last two days. This bullish trend is a good start for the month and it is still green. On January 31, the QUICK price jumped 50%. Yesterday (February 1) it went ahead to register another surge of 168% from $166.40 to...
What is MEV?Behind the scenes of most major blockchains, shadowy super-coders and the bots they build are using the transparency of blockchains and the transaction fee market to their advantage. By watching a database of all pending and unconfirmed transactions called the mempool, the bots are able to...
South Africa's financial watchdog issued a notice warning consumers to be "cautious and vigilant" when dealing with crypto exchanges FTX and Bybit.The Financial Sector Conduct Authority said Tuesday that FTX is not authorized to trade in contracts for difference (CFDs), which are instruments that allow traders to speculate...