DDoS attacks on Crypto Platform The onslaught was delivered through HTTPS, which puts more strain on a target, and it suggests that attackers are getting more powerful. A Cryptocurrency platform was recently the target of one of the largest distributed denial of service assaults (DDoS attacks) ever recorded, according to Cloudflare, a content delivery network….
What is Metaverse? An investment business paid USD 4 million for 2,000 acres of land in 2021. Normally, this would not make the news, but the land was virtual in this case. It only existed in The Sandbox, a metaverse platform. The company acquired the equivalent of 1,200 city blocks by purchasing 792 non-fungible tokens…
The Central African Republic (CAR) has approved Bitcoin as legal tender – just the second country to do so. The Central African Republic is one of the poorest countries on the planet, but it is wealthy in diamonds, gold, and uranium. It has been devastated by conflict for decades and is a staunch Russian ally,…
Binance, a cryptocurrency exchange, and blockchain platform is supporting a few competitions at the festival. IIT Delhi to Organise “Cryptocon” The Indian Institute of Technology (IIT Delhi) teamed with Binance, a cryptocurrency exchange and blockchain platform, to distribute non-fungible token (NFT) tickets and proof of attendance protocol during its three-day cultural fest ‘Rendezvous’ from April…
Binance tokens (BNB) The Binance Smart Chain (BSC) blockchain is powered by the Binance exchange Token (BNB). BNB coins are also required to take part in BSC’s on-chain governance. Binance launched a new BNB auto-burn method last year in response to community criticism in order to create a healthy BSC ecosystem. Binance had two BNB…
Finance Minister Nirmala Sitharaman said that taxing crypto income and other virtual digital assets should not be seen as legitimizing them. Rather it is a way to track the source and trail of the assets, not to legitimize them, Finance Minister about tax on crypto “We did announce that on the income that was generated…
The Card Will Allow Consumers To Spend Their Cryptocurrency Holdings Anywhere Mastercard Is Accepted. The Card Will Also Offer A 0% Interest Rate On Cryptocurrency Purchases For The First Year. Crypto lender Nexo said it has teamed up with global payments company Mastercard to launch on Wednesday what it calls the world’s first “crypto-backed” payment…
Starbucks to launch NFT Starbucks CEO Howard Schultz announced the company’s plans to get in on the Non-fungible tokens (NFT) space in 2022. Starbucks is getting into non-fungible tokens this year, interim CEO Howard Schultz said Monday as he addressed the need to reshape the experience for customers and employees alike in engaging with the coffee chain. The…
Chancellor Rishi Sunak is to launch a non-fungible token (NFT) – a type of cryptocurrency asset – through the Royal Mint as part of a drive to make the UK a “global crypto-asset hub”. The United Kingdom’s treasury minister has tasked the Royal Mint with creating an NFT as “an emblem of the forward-looking approach”…
Shiba Inu (SHIB) team has unveiled their anticipated metaverse project named “SHIB: The Metaverse,” a virtual world that would contain more than 100,000 land plots. Revealing details of the Shiba metaverse, the Shiba Inu team said there would be 100,595 land plots, some of which will remain private. Land plots will be released gradually and in phases. However, investors are ostensibly…
