Indian minister clarifies the status of cryptocurrency in the country
    05 Aug 2021
    399 Views

    India’s Ministry of Finance has clarified some questions concerning the status of cryptocurrency, crypto regulation, and crypto investor protection in the country. The minister also indicated that the recommendations in the draft bill proposed by the interministerial committee are still being considered. The Indian minister of finance, Shri Pankaj Chaudhary, answered Monday some questions about…

    NFTs: Where business meets art
    05 Aug 2021
    437 Views

    Table of Contents    Do NFTs protect the artists who create them? What is an NFT? Why were NFTs created? Are NFTs succeeding in their intended goal? Why pessimists believe NFTs will fail Why Anil Dash believes NFTs cannot be saved Why optimists believe NFTs will succeed Summing up: Who is right? Do NFTs protect the…

    NFT markets show new record week
    05 Aug 2021
    516 Views

    Markets for digital collectibles known as non-fungible tokens (NFT) have climbed to record highs in trading volume and average prices in the past week, particularly over the weekend. NFT marketplace OpenSea saw record trading volume on Saturday and Sunday as CryptoPunks, ArtBlocks, and Bored Ape Yacht Club prices soared. While traditional crypto assets have seen…

    IDO: same ICO by a different name
    05 Aug 2021
    63,385 Views

    First popularized in 2017, ICOs are back again in a somewhat new form. Really though, it’s essentially the same, only even a little riskier than before. And yes, they are now called IDOs. IDO is an initial project token offering on a decentralized exchange, another way of public fundraising. There is no official definition of…