Common people have welcomed the Union budget 2023 which has been presented by Union Finance Minister Nirmala Sitaraman in Parliament on 1st Feb 2023 Union Budget 2023 Explained: Here are highlights, real-time analysis, and explanation of Nirmala Sitharaman’s Budget in Parliament today. Aims of Union Budget 2023 to include: 1. Facilitating ample opportunities for citizens, especially youth2. Providing strong impetus to…
Elon Musk’s Twitter has started applying for a license to operate a regulated payments business in the US. Twitter is looking for an alternative source of revenue alongside advertising. According to the most recent Financial Times article, Elon Musk’s social media juggernaut Twitter has begun the process of seeking regulatory permits in the US to…
Snoop Dogg, Billy Ray Cyrus, and The Avilla Brothers are bringing “A Hard Working Man” to web3 in an unusual way. The renowned rapper Snoop Dogg recently worked with the Avila Brothers and country music star Billy Ray Cyrus to develop an NFT collection to go along with their hit song.Three levels of non-fungible tokens…
Elon Musk, the CEO of Tesla, has declared his support for Dogecoin once more. Musk responded to a series of tweets from McDonald’s and finally to a query from a DOGE community member after being a little less outspoken in recent weeks about his enthusiasm for Dogecoin. This is what transpired. McDonald asked yesterday on…
Amazon is advancing its efforts to establish a presence in the cryptocurrency market. Blockworks, a source of cryptocurrency news, reported that the corporation would introduce a non-fungible token (NFT) initiative sometime in the spring of 2023. Six people with knowledge of the situation are cited in the report. According to Blockworks, Amazon has collaborated with…
Mango Markets is a DeFi platform primarily based in Solana that trades digital property for spot margin and buying and selling perpetual futures. According to a Wednesday filing with the United States District Court for the Southern District of New York, decentralized cryptocurrency exchange Mango Markets has filed a lawsuit against its exploiter Avraham Eisenberg…
Entities are following suit as the usage of digital assets spreads and trying to utilize them in their own unique ways. The Saudi Central Bank (SAMA) said that it will test central bank digital currency (CBDC) in a phase-by-phase project with local banks and fintech companies. The agency claims that at this point, in cooperation…
A hard fork is a protocol change to a blockchain network that makes previously invalid blocks/transactions valid (or vice-versa), and as such requires all nodes or users to upgrade to the latest version of the protocol software. This creates a permanent divergence in the blockchain, commonly referred to as a “fork” in the blockchain network….
Lawmakers in the European Union have approved a number of modifications, including harsher new guidelines for banks dealing with cryptocurrencies and digital assets.The decision to implement these limitations was made by the Economic and Monetary Affairs Committee of the European Parliament. This action was taken to restrict the number of unbacked loans made using Ethereum…
5ire is a layer 1 blockchain ecosystem designed with economic and environmental sustainability at its core. The key public policy think tank for the Indian government, NITI Aayog, has announced the development of a blockchain module in collaboration with the cryptocurrency-focused platform 5ire and Network Capital, a platform for mentorship and career exploration. The initiative is run…
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