Radhika Parashar
Gadgets 360
Noida, UP, India
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Past articles by Radhika:
South Korea Delays Levying 20 Percent Crypto Tax By Three Years
South Korea has decided to delay the imposition of a 20 percent tax on crypto earnings till 2025. The announcement was made as part of the nation’s 2022 tax reform plan on Thursday, July 21. Seoul’s initial plan to levy a 20 percent tax on yearly crypto gains exceeding $1,900 (roughly Rs. 1.50 lakh), however, remains unchanged. → Read More
Bitcoin, Ether Start Strong on Price Chart Leading Majority Cryptocurrencies Into Gains
The risk appetite of crypto traders saw a return leading to a positive market impact after Russia partially withdrew troops from near Ukraine borders. → Read More
Uber to Start Accepting Crypto Payments ‘At Some Point’, CEO Dara Khosrowshahi Says
Uber CEO Dara Khosrowshahi has said that as the crypto exchange mechanism becomes less expensive and more environmentally friendly, the company will open crypto payments for its users across 890 cities in the world. → Read More
Bitcoin, Ether, More Cryptocurrencies Open With Losses; DOGE, SHIB See Gains
Bitcoin and Ether followed majority altcoins into losses. Cryptocurrencies like Cardano, Ripple, and Polkadot have registered minor losses. Meme-based Dogecoin and Shiba Inu look like they are off to a good start for this week with minor gains. → Read More
Crypto Miners Face Stricter Oversight in Kazakhstan as President Tokayev Orders Electricity Tax Hike: Report
Kazakhstan President Kassym-Jomart Tokayev directed authorities to increase the electricity tax in the country. The move is intended to prevent crypto miners from exploiting the energy resources in the country. The government of Kazakhstan has been asked to draft regulations on crypto mining by April 1. → Read More
YouTube Ready for Web3 Move, Plans Foray into NFTs and Metaverse Despite Aiming to Go Carbon-Free
YouTube is planning to integrate Web3 elements like NFTs and the metaverse with its globally used platform. The plans have been highlighted by YouTube’s Chief Product Officer, Neil Mohan in a blog post. The platform has certain environmental as well as user issues to deal with around its Web3 integration. → Read More
Microsoft’s Crypto, Web3 Projects Could Get Business Development Director Soon, Scouting Underway
Microsoft may soon announce a new head for its crypto-related business development requirements. The company posted a job opening for this role on February 7. The appointee will be working on Microsoft initiatives around cryptocurrency, Web3, NFT, DAO, and DeFi. → Read More
PayPal Appoints Six-Member Advisory Council on Blockchain, Indian-Origin Neha Narula Included
PayPal has appointed a special council to act as its advisory on the subjects of digital currencies, cryptocurrencies, as well as blockchain technology. The team has six members including Neha Narula, Peter Briger, and Antoinette Schoar among others. → Read More
Bitfinix Hack of 2016: American Couple Under FBI Scanner for Laundering Stolen Bitcoin Now Worth $5 Billion
The US Department of Justice (DoJ) has traced and seized over $3.6 billion (roughly Rs. 26,902 crore) in cryptocurrency from accounts controlled by the duo. → Read More
Google Cloud Develops Cryptojacking Solution to Detect Mining Malware on Virtual Machines
Google Cloud has developed a new threat-detecting solution to curb hack attacks on crypto miners. The tool, named Virtual Machine Threat Detection, will work to identify and stop crypto mining malware attack facilitated by virtual machines. → Read More
Bitcoin, Dogecoin, Shiba Inu, Other Major Cryptocurrencies Open With Gains as Green Takes Over Price Charts
Along with Bitcoin and Ether other cryptocurrencies like Tether, Binance, and Ripple also scored gains. Only a few altcoins like Solana and Binance USD brought reds to the crypto price charts on Tuesday, February 8. → Read More
Justin Bieber Expands NFT Collection, Buys Second Bored Ape in Two Weeks for $470,000: Report
Justin Bieber has reportedly purchased a new Bored Ape NFT for $470,000 (roughly Rs. 3.5 crore). This piece depicts an ape donning a blue bandana, a bluish chequered shirt, and a green puffed jacket. Several celebrities such as Paris Hilton, Jimmy Fallon, and Gwyneth Paltrow also hold BAYC NFTs. → Read More
Bored Ape Yacht Club Founders No Longer Anonymous: All You Need to Know
Two friends from Florida, US, have been identified as the founders of Bored Ape Yacht Club, one of the most famous NFT collections of all times. Greg Solano and Wylie Aronow, the BAYC co-founders have confessed to their identities on Twitter after a BuzzFeed article named them. → Read More
Jump Crypto Gives $320 Million to Replace Funds Stolen in Wormhole Hack, Executes Largest DeFi Bailout
In what is being regarded as the biggest bailout in DeFi, Jump Crypto deposited Ether worth $320 million (roughly Rs. 2,391 crore) in Wormhole accounts. This amount was stolen in a hack attack on Wormhole earlier this week. Jump Crypto is a venture capital firm that owns the developer of Wormhole. → Read More
Hacked Crypto Firm Wormhole Loses Ether Worth $322 Million, Offers Hacker $10 Million to Return Funds
Crypto platform Wormhole Portal was exploited by unidentified hacker(s) earlier this week. The attack cost the company Ether worth $322 million (roughly Rs. 2,410 crore). This is the second attack in two weeks where a blockchain bridge was breached by hackers. → Read More
Michael Saylor Takes Advantage of Crypto Dip, Adds 660 Bitcoins to MicroStrategy Account
Michael Saylor, the billionaire American entrepreneur who owns business intelligence firm MicroStrategy continues to bag Bitcoin tokens despite BTC prices laying low in recent days. Saylor used this Bitcoin price dip and added 660 new tokens at a discounted price of $25 million (roughly Rs.187 crore). → Read More
Crypto Tax: Most Industry Insiders Laud India’s 'Regulate Over Restrict' Approach, But Few Concerns Remain
Finance Minister Nirmala Sitharaman levied a 30 percent tax on income generated from the transfer of virtual digital assets. While she did not provide details on what classifies as “virtual digital assets”, crypto industry insiders have welcomed the developments. They are viewing this taxation as the government’s way of indirectly legitimising the crypto sector. → Read More
Budget Session 2022: Crypto Ban Proposal Not on Lok Sabha Agenda, Lecture on Cryptocurrency Slated
A fresh agenda for the Lok Sabha has skipped the mention of crypto ban suggestions. Instead, it has listed a lecture for lawmakers on the understanding of cryptocurrencies and how the sector can impact India’s overall economy. The offline lecture will be hosted inside the Parliament library in Delhi. → Read More
NFT Wash Traders Exploiting LooksRare Marketplace, Churning Billions of Dollars in Profits: Reports
LooksRare launched as a rival to OpenSea NFT marketplace earlier this month. Within days, its daily sales volume exceeded that of OpenSea, stirring suspicions of wash trading. Analytics firms like Dune Analytics and CryptoSlam have observed that despite a small number of daily transactions and users, LooksRare is generating billions of dollars. → Read More
Bitcoin, Ether See Losses, Tether and USD Coin Gather Greens on Otherwise Red Crypto Price Chart
The losses in the crypto market can be attributed to Russia’s central bank threatening to ban the crypto sector. → Read More