“My code has no proxies, no human components, no admin functions, no DAO control, no multisig or timelocks, its pure simple execution… Code has no trust assumptions, only humans do.”...

The post Cardano (ADA), Fantom (FTM) & Solana Price Might Plunge More Than 25% In Coming Days ! Here are Levels To Watch appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

The broader crypto market found support despite Russia’s invasion of Ukraine going into day 10. A 3-day losing streak came to an end for Bitcoin (BTC) on Saturday. Another return to sub-$39,000 levels was brief, with Bitcoin closing out at the $39,000 level for a 2nd consecutive day. At the time of writing, the global …

SOL price is down 48% year-to-date and data shows that its decentralized apps use is fading out, but there are a few reasons to remain hopeful.

Fantom was being considered a good investment option during the bear market of 2021. By marking its ATH in January 2022, Fantom seemed to be in a good spot. However, the FTM holders witnessed a shock when the coin fell by almost 50%. To add to the woes, the token’s price trajectory of late has […]

The past week’s non-fungible token (NFT) sales have dropped again, following the last few weeks of diminishing volumes. Across 14 blockchains that support NFTs, sales have slipped 29.46% lower than the week prior. Despite the drop in NFT sales volume, NFT sales stemming from the Arbitrum network spiked by 97.53% this week. NFT Interest and […]

 After a couple of days of amazing games, it was time to see which team has what it takes to…

The post GAMERS GALAXY: Invitational Series Dubai 2022 – Upper Bracket Final appeared first on Esports News Network | ESTNN.

The Retail accumulation rises as the number of small BTC addresses containing 0.1+ and 1+ BTC hit a new high as we can see in today’s latest bitcoin news. The retail accumulation rises and is returning on the Bitcoin landscape according to the number of small bitcoin addresses. Those that hold at least 0.1 BTC […]

Nischal Shetty, founder and CEO of the popular Indian crypto exchange WazirX, has appealed to the government to re-examine the proposed crypto tax law to build a favorable crypto ecosystem in the country. Does India’s Crypto Tax Need More Work? In a recent Twitter thread posted today, the CEO of WazirX, Nischal Shetty has appealed to the Indian government on implementing favorable laws for the next generation of crypto enthusiasts who are building and contributing to the upcoming blockchain and cryptocurrency ecosystem. Shetty believes that the proposed crypto tax should be at par with India’s highest population between the ages of 18-25 who are into crypto but not under the taxable income bracket. Concerning the TDS, Nischal feels that a 1% slab will make it virtually impossible for day traders, or high-frequency traders as investors could get their entire capital locked in it if they trade for only a few hundred times. Government has also extra work of refunding all such TDS as well, according to him. The WazirX Boss further pointed out the latest tax rules could even encourage “brain drain” as the lack of clarity makes it difficult for law enforcement as well as entrepreneurs to function effectively. Day 32 India needs to implement favourable laws for Crypto entrepreneurs & investors We risk losing #BUIDL talent & future gains from Crypto Issues: 1) 30% income tax irrespective of income slab2) 1% TDS on every trade 3) No clarity for crypto entrepreneurs#BuildForCrypto — Nischal (Shardeum) ⚡️ (@NischalShetty) March 5, 2022 30% Crypto Tax Bracket Highest in the Country Earlier in February, Indian Finance Minister Nirmala Sitharaman announced a crypto tax proposal of 30% on gains made from crypto tradings from April 1. The proposal also includes a 1% tax deducted at source (TDS) by crypto exchanges on transactions above 10,000 Indian rupees ($133). Reportedly, the 30% crypto tax bracket is the highest in the country and nearly double the corporate tax rate of 16%. The announcement saw a mixed reaction from the Indian crypto community with some calling it a welcome step towards recognizing the unregulated crypto market, while others called it regressive.

The post Nischal Shetty Appeals Indian Govt to Rethink Proposed Crypto Tax appeared first on Cryptoknowmics-Crypto News and Media Platform.

The post What Might Be Bitcoin’s Next Move: $40,000 or $34,000? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

The crypto space appears to not have finished with the roller coaster ride as many crypto assets possess extreme volatility. Bitcoin price ranged high above $45K and Ethereum price was on the verge to smash $3000. But a quick flip dragged the price down which is now expected to discover more lows in the upcoming …

Cybersecurity company Imperva on Friday said it recently mitigated a ransom distributed denial-of-service (DDoS) attack targeting an unnamed website that peaked at 2.5 million requests per second (RPS). "While ransom DDoS attacks are not new, they appear to be evolving and becoming more interesting with time and with each new phase," Nelli Klepfish, security analyst at Imperva, said. "For

The post Here’s When Traders Can Expect Altcoin Season 2022! Bitcoin (BTC) Price Predicted To Rally 2x appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Following the current bearishness, the crypto market has found itself in yet another difficult scenario. The market’s continuing losses come far too soon, as investors have yet to fully appreciate the bullish market. The main reason for the drop in Bitcoin and other currencies, according to analysts, is the nuclear power plant fire in Europe, …

Russia’s invasion of Ukraine, and the subsequent backlash of economic sanctions against the country, has reportedly resulted in ruble trading pairs surging on the cryptocurrency market.  According to a report by Frank Chaparro for The Block that was published on March 1, Russian investors are becoming increasingly active on crypto exchanges. Since Russia’s invasion of […]