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…
Domenic Lacovone The crypto trader has appealed to the online community for assistance, even offering a $100,000 reward to anyone who can assist him in recovering the funds. After hackers accessed his iCloud account, a crypto trader disclosed that he lost a huge $6,50,000 (Rs 4.97 crore). And that only took two seconds.Domenic Lacovone, a…
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…
Emirates Airlines plans to launch its own NFTs in order to provide a more efficient and customer-focused experience. The airline plans to use the NFTs to improve customer service, create a digital loyalty program, and track customer data. Emirates anticipates that the NFTs will provide a more efficient and personalized travel experience for its passengers….
America’s largest Crypto exchange Coinbase suspended some payment services through UPI on its newly launched Indian exchange due to pressure from the local payment regulators. The UPI is the payment portal governed by the National Payment Corporation of India (NPCI), which facilitates buy orders on Coinbase’s India services. The exchange has already updated its payment method information…
The South Korean commercial banking giant Shinhan has become the first bank in the nation to offer crypto account services to a corporate client. ZDNet Korea reported that on April 7, the bank created a corporate fiat KRW account exclusively for crypto-asset transactions to the crypto exchange Korbit. Shinhan Korbit connection Shinhan’s Korbit connections are continuing to deepen. The bank…
Award in Crypto The Ultimate Fighting Championship will begin paying a new bonus to its UFC fighter in cryptocurrency, as crypto platforms get more involved in the world’s major sports leagues. UFC is the world’s premier mixed martial arts organization (MMA), with more than 625 million fans and 166 million social media followers. The organization…
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”…
