India to introduce 30% crypto tax, digital rupee CBDC by 2022-23

India to introduce 30% crypto tax, digital rupee CBDC by 2022-23

In a speech discussing the budget for 2022, Indian finance minister Nirmala Sitharaman announced the launch of a central bank digital currency (CBDC) by 2022-23 as means to boost the country’s economic growth.  Sitharaman highlighted the need for digital inclusion across numerous business verticals while announcing the fund allocation set …

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What’s behind Solana’s (SOL) 60%+ drop?

What's behind Solana's (SOL) 60%+ drop?

The past couple of months have not been kind to cryptocurrencies. The sector’s aggregate market capitalization plunged 50% from a Nov. 10 peak at $2.87 trillion to the current $1.44 trillion. Solana’s (SOL) downfall has been even more brutal, presently trading at $88 after a 66% correction since its $260 …

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How to build the next big social DApp

How to build the next big social DApp

Cointelegraph is following the development of an entirely new blockchain from inception to mainnet and beyond through its series, Inside the Blockchain Developer’s Mind, written by Andrew Levine of Koinos Group. People use social applications daily, but despite all the hype around supposedly “next-gen” blockchains, none of those social applications …

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Decentralized technology will end the Web3 privacy conundrum

Decentralized technology will end the Web3 privacy conundrum

Although the modern internet connects us like never before, one thing that younger generations have never truly experienced is the feeling of genuine privacy. Even older generations have forgotten what life was like before our every thought and action were tracked. Web3 envisions an open, trustless, permissionless internet where users …

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Why is my Bitcoin transaction unconfirmed?

Why is my Bitcoin transaction unconfirmed?

Transaction costs are calculated based on the transaction’s data volume and network congestion. As a block can only hold 4 MB of data, the number of transactions that can be executed in one block is limited. Therefore, more block data is required for a larger transaction. As a result, more …

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Web3 innovations are replacing middlemen with middleware protocols

Web3 innovations are replacing middlemen with middleware protocols

Cryptocurrencies and the wider blockchain ecosystem are helping change the status quo of how we conduct our day-to-day lives. With these emerging technologies, Web3 is being ushered in as a permissionless and open innovation using middleware blockchain protocols. By doing so, they’re replacing middlemen software-as-a-service (SaaS) companies by capturing value …

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Google Cloud ramps up blockchain efforts by launching digital assets team

Google Cloud ramps up blockchain efforts by launching digital assets team

Blockchain, cryptocurrency and decentralized technology are all fascinating topics that have been heating up for almost a decade. Nowadays, everyone wants to be part of cutting-edge innovations. A Thursday announcement by Yolande Piazza, Google Cloud’s VP Financial Services, said the firm has established a Google Cloud digital assets team that will …

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