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By 2025 ISO 20022 will be the global standard for payment systems for all financial institutions including banks. ISO 20022 is the standard protocol for digital data interchange in the payment industry. Its DLT (Distributed Ledger Technology) based protocol (similar to blockchain) which uses ISO 20022 as a messaging mechanism. By 2025, the protocol is …
‘Crypto is not real, it has no intrinsic value’ said former SEC Chief John Reed Stark In a recent tweet, John Stark took a jibe at cryptocurrency by calling it not real. He further wrote that the asset has no intrinsic value and is based on the shared belief of people. His remarks haven’t been …
Famous IPL cricket team Mumbai Indians want to connect with fans using NFT. Indiawin Sports which manages Mumbai Indians has raised RFP (Request for Proposal) from global & Indian tech companies to help them launch team based NFTs based on the existing Intellectual Property (IP) Rights. 5 times IPL champion, Mumbai Indians have a loyal …
Famous Twitch streamer DNP3 who founded Goobers NFT and several other projects admitted to gambling away investor funds. In a recent tweet by DNP3 saying “I’m sorry” and writing a note to the followers admitting his addiction to gambling is not welcoming news that the users want to hear in the new year. DNP3 is …
YouTuber turned NFT creator LoganPaul’s blockchain game CryptoZoo exposed by CoffeeZilla. New year, new scam. This time its ‘CryptoZoo’, the blockchain based NFT game by YouTube celebrity Logan Paul. The project has been accused of a possible rug pull after another YouTuber Stephen ‘Coffeezilla‘ Findeisen exposed it. Coffeezilla claims that the game itself was never …
Getting a personalized ENS domain is the new trend in the crypto industry despite the bear market. As per the article published by Cointelegraph, nearly 80% of the ENS domains developed & purchased were registered in 2022. Data revealed by Dune Analytics stated the rise of 2.82 million names as of Jan 2023 with 630,340 …
India’s leading car manufacturer Maruti Suzuki has announced the launch of its metaverse platform to provide users with a live virtual car experience. Before stepping into 2023, Maruti Suzuki wants to give the taste of Metaverse to its customers. It does so by introducing ARENAverse, a metaverse platform build by the car manufacturer for its …
Italy will charge capital gain tax on cryptocurrency trading profits above 2000 Euros. Italian Prime Minister Giorgia Meloni’s new budget introduced 26% capital gain tax on cryptocurrencies. The tax will be levied on crypto profits of about 2000 euros in a single financial year. The citizens of Italy holding cryptocurrencies will have the option to …
BitBoy believes many projects will leave Solana’s ecosystem & hints at the power of Binance. Ben Armstrong a.k.a BitBoy Crypto is a famous Youtuber, TikToker and a well-known face in the crypto community. He is known to create informative videos on cryptocurrency, educating users about the benefits of the technology and its use case while …
Launched in early Dec 2022, Donald Trump’s NFT sales couldn’t stand the wrath of the crypto bear market. Former POTUS Donald Trump’s digital trading cards received an extraordinary response from the NFT community during the launch. The complete NFT collection sold out within 12 hours making him $4.45 million. Two weeks into the market, the …