Here is the Reason Why Polygon Network (MATIC) Went Offline for 11 Hours
Polygon Network (MATIC), a top-tier smart contracts platform suffers downtime. Here is why. After a scheduled upgrade, Polygon Network (MATIC), a top-tier smart contracts platform, fell unavailable. Polygon (MATIC) took 11 hours to confirm transactions. What happened to Polygon? Polygon Network (MATIC) engineers revealed flaws in Heimdall, one of the levels of its Proof-of-Stake (PoS) […]
Singapore To Charge Income Tax On NFTs says, Minister
Finance Minister Lawrence Wong reportedly indicated on Friday that current income tax regulations in Singapore will apply to transactions involving non-fungible tokens (NFTs). However, the nature and use of the token will determine how they are used. Individuals who rely on NFT transactions or trading as a source of income will face deductions, according to […]
Bitfinex exchange continues its service to non-sanctioned Russians
Bitfinex exchange has taken proper action against the accounts of sanctioned Russian users, although the exchange has stated it will not block the accounts of non-sanctioned Russian citizens. A representative for Bitfinex, an affiliate of the world’s largest stablecoin provider, Tether (USDT), told Cointelegraph on Thursday that the company will not unilaterally freeze the accounts […]
The Best NFT Creator Software and Applications in 2022
Are you searching for the best NFT creator software and applications to use? Here is an article that will help in choosing the best. Have you ever wanted to create an NFT of your own? Are you searching for the best NFT creator software and applications? If yes, you are just in the right place. […]
Terra set to become the world’s largest blockchain by staked value, and Ethereum 2.0 reached a milestone
Terra’s LUNA is one cryptocurrency that has mostly remained unaffected by the current cryptocurrency market slump. With the LUNA price creeping closer to $100, it has been able to maintain its position. Unlike the other top ten cryptocurrencies, LUNA is now trading in the positive territory at a price of $97.27. The achievement comes amid […]