Indian crypto pundits recommend that industries be regulated
According to two anonymous sources, the Gujarat International Financial Services Centres Authority (IFSCA) controls bitcoin transactions. Crypto insiders in India have asked for the asset class to be regulated as commodities. Insiders in India’s blockchain and cryptocurrency industries have advised the ministry of finance to treat cryptocurrencies as commodities. Investors would be classified as commodity […]
In light of a recent Air Force contract, the U.S. Air Force prioritizes blockchain security
The United States Air Force will use Constellation’s Hypergraph Network to provide data security to the Department of Defense’s commercial partners as part of a blockchain-based initiative that will be launched later this year. Constellation said it had been working with Kinnami Software Corporation on an end-to-end data security solution using blockchain encryption and distributed […]
Brazilian Police Seize $29 Million worth of Cryptocurrency
The police reportedly recovered $3.6 million in cash, 21 luxury automobiles, and other pieces of jewellery in addition to the Bitcoin. Five people have been arrested as part of Operation Kryptos. According to CNN Brazil, federal police in Brazil have confiscated a record $28.7 million in cryptocurrency. One of the five people was Glaidson Acacio, […]
NFTs have replaced Lambos as the new crypto status symbol
No matter how much the crypto conversation changes, NFTs continue to dominate it, with PNGs on social media profile pictures becoming the new craze. Lamborghinis were the main “flex” for cryptocurrency “moon-boys” a few years ago, when token prices reached astronomical levels. In the cryptocurrency industry, several high-profile cryptocurrency proponents made it a point to […]
Simon Nixon Venture plans to increase its crypto allocation
Billionaire Simon Nixon, the creator of Moneysupermarket.com, is planning to grow his crypto investments through his London-based venture capital firm. According to a Bloomberg report published on Thursday, Adam Proctor, managing director of Nixon’s investment business Seek Ventures, stated the firm plans to boost its “allocation to crypto as we believe it is an important […]