India should consider lowering the 1 percent TDS on cryptocurrency trade as a high rate is causing a flight of capital and users to platforms in foreign jurisdictions and the grey market, a report said on Tuesday. The ‘Impact Assessment of 1 percent TDS on VDAs’ report by Chase India…
The team behind the Shiba Inu memecoin has decided to expand the availability of its underlying technology to get more Web3 projects to take its support and get more of its tokens into circulations. In the coming days, the developers of the SHIB coin will release a Layer-2 Shibarium network…
Ethereum, the world’s most commercialised blockchain, is set to see the completion of another historic update, called the Shanghai update. As of now, people who staked Ether tokens to validate the blockchain had no way to withdraw their tokens. It is estimated that $22.38 billion (roughly Rs. 1,82,520 crore) worth…
OpenSea is expanding support for NFTs built on different blockchains, amid a rise in newer marketplaces coming up to sell digital collectibles. In a fresh development, OpenSea has announced that NFTs built on the BNB chain will now be listed and sold on its platform, which is touted as the…
The Polkadot protocol is bidding on its own community members to keep the network away from scammers and bugs. Polkadot has announced its plans of launching a community-driven anti-scam initiative. The aim is to give its community members a say in the governance of the protocol, while also rewarding them…
Google is making it easier for Web3 developers to get coding distributed blockchain apps with the launch of Blockchain Node Engine in Google Cloud, which hosts and deploys fully managed blockchain nodes in the cloud. Google claims that some of the benefits of its service are being simpler to set…
The Ethereum Foundation has announced the launch of a new testnet, which it is calling “Shandong.” The testnet will allow developers to test their protocols before “Shanghai” goes live, which happens to be the first upgrade for Ethereum post-merge that’s estimated to take place in 2023. Shandong will serve as…
Dogecoin, the meme-based cryptocurrency that was formed as a joke in 2013, today stands as the second-largest proof-of-work (PoW) cryptocurrency after Bitcoin. The development comes a day after the Ethereum blockchain completed its transition to the energy-efficient proof-of-stake (PoS) mining model from its previous power-intensive PoW mechanism. Ethereum’s native cryptocurrency,…
The ‘Merge’ — the much-awaited upgrade to the Ethereum blockchain — finally completed on September 15, marking a historic milestone in the blockchain and crypto industries. Vitalik Buterin, the co-founder of Ethereum announced the launch of the Merge on Twitter, calling this a “big moment” for the Ethereum ecosystem. Essentially,…
The overall crypto market slipped down ahead of the arrival of Ethereum’s energy-efficient upgrade called the Merge which is expected to arrive today. Bitcoin on Thursday, September 15, opened with a loss of 1.65 percent as per Gadgets 360’s crypto price tracker. The current trading value of BTC stands at…
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