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    1. Business News
    2. Authors
    3. fe digital currency

    FE Digital Currency

    According to Niyazi Yilmaz, CEO, Bitay, the firm is ready to accept and welcome the government’s 30% tax on income from cryptocurrencies and 1% Tax Deductible at Source (TDS) to be applicable from July
    Turkish digital asset exchange Bitay to enter into the Indian market

    The exchange has already set up an office in Gurgaon, India

    By FE Digital Currency
    June 9, 2022 15:48 IST
    Samudai plans to launch a private alpha version of its platform to a small group of users around mid-July, with a public beta phase later in 2022
    Decentralised platform Samudai raises $2.5 million in a pre-seed funding round

    The round saw participation from investors such as FTX Ventures, Sino Global Capital, A&T Capital, Coinbase Ventures, Lunar Ventures

    By FE Digital Currency
    Updated: June 8, 2022 18:40 IST
    Edge Mastercard aims to use crypto for day-to-day payments, Paul Puey, co-founder, Edge, said
    Edge launches Edge Mastercard, aims to enable cryptocurrency based payments

    The card aims to enable spending at more than 10 million merchants in the United States and users can spend…

    By FE Digital Currency
    June 8, 2022 15:59 IST
    MoEngage claims to provide artificial intelligence (AI) powered journey orchestration, personalisation capabilities
    WazirX collaborates with MoEngage to drive Web3.0 and cryptocurrency adoption in India

    Using MoEngage, WazirX intends to elevate its customer onboarding and app promotions with respect to the Indian cryptocurrency industry

    By FE Digital Currency
    June 7, 2022 19:58 IST
    Between January 1 and December 31 of 2021, outflows from cryptocurrency mining pools to Iranian services averaged at $343,000 worth of cryptocurrency per day
    Illegal bitcoin miners accounted for 85% of cryptocurrency based activity in Iran: Report

    Bitcoin mining funneled more than $186 million into Iranian based cryptocurrency services between 2015 and 2021

    By FE Digital Currency
    June 7, 2022 11:44 IST
    To mark the launch of the tour, Binance claims that it’ll donate two million dollars to the XO Humanitarian Fund
    Binance to be the official sponsor of The Weeknd’s global concert tour

    The exchange has collaborated with think-center and community incubator HXOUSE to release a NFT collection for The Weeknd’s tour, along…

    By FE Digital Currency
    June 3, 2022 19:00 IST
    Trace Network claims to have three decades of experience working with organisations across retail, consumer goods, manufacturing and services
    Trace Network partners with Technopak Advisors to enable metaverse capabilities

    The partnership aims to create a series of experiential brand stores in metaverses for fashion brands

    By FE Digital Currency
    Updated: June 3, 2022 11:50 IST
    Four companies have already pre-bought land in the sports metaverse, including Phat Fantasy, Own the Moment, ThriveFantasy, Press Sports, and Beyond The Game Network
    Retired football players Shaun Wright Philips and Jordan Stewart purchase land in sports metaverse

    Philips bought space in sports metaverse for events and display his NFTs

    By FE Digital Currency
    June 2, 2022 17:33 IST
    According to the report, digital payments ecosystem has been disrupted by the entry of multiple new players with offerings driving digital payments adoption at scale
    Indian digital payments market to reach $10 trillion by 2026: Report

    Released by PhonePe in collaboration with Boston Consulting Group, the report highlights how India’s digital payments landscape has witnessed a…

    By FE Digital Currency
    June 2, 2022 16:17 IST
    According to Binance Labs, the fresh funds will be invested across three different stages such as incubation, early-stage venture, and late-stage growth
    Binance’s venture capital arm raises $500 million fund to invest in Web3.0, blockchain

    The fund saw participation from global institutional investors such as DST Global Partners, Breyer Capital

    By FE Digital Currency
    June 1, 2022 19:39 IST
    The funds will be used to invest in hiring and product development, Mahin Gupta, founder, Liminal, said
    Liminal raises $4.7 million in its seed funding round

    The funding round was led by Elevation Capital which also saw participation from investors such as LD Capital, Woodstock, Nexus…

    By FE Digital Currency
    June 1, 2022 14:41 IST
    With the emergence of digitisation, millennials are redefining their investment strategies, Gaurav Mathur, founder and MD, SafeGold, said
    90% of investors prefer digital gold as an investment option: Survey

    As per the survey, digital gold has gained traction and people are exploring it as a digital investment option

    By FE Digital Currency
    Updated: May 31, 2022 15:59 IST
    As per Jupiter Meta, it has held programs for social causes such as its Icons of Singara Chennai wall art project for beautifying public spaces in Chennai
    Jupiter Meta to direct 50% proceeds from its NFT sales towards non-profit organisation Akshaya Patra Foundation

    Users buying the NFTs will get a zero-value social token in their digital wallets

    By FE Digital Currency
    May 30, 2022 17:14 IST
    crypto news
    Crypto management platform Kassio launches its operations in India

    Kassio provides crypto investment solutions like earn, borrow, shop, or trade to its users. 

    By FE Digital Currency
    May 30, 2022 16:00 IST
    The report’s data stated that the average active days for financial scams was 70 in 2021, compared to 192 in 2020
    Rug pull scams accounted for the highest scam revenue at $2.8 billion in 2021: Report

    Insights from the report stated that a new type of scam called rug pulls, in which the developers of a…

    By FE Digital Currency
    May 27, 2022 11:12 IST
    Lumos Labs was built with a vision of bringing blockchain technology to developers and founders, and over the years, we have run programs with over 40 Web3.0 partners while building a community of developers to achieve that goal, Kaavya Prasad, founder, Lumos Labs, said
    Lumos Labs raises $1.1 million in seed funding round

    The round was led by Delta Blockchain fund, and included other investors such as Superblock, Next Web Capital, Arcanum Capital,…

    By FE Digital Currency
    May 26, 2022 16:02 IST
    The establishment will be launched in the city of Gurugram
    Blockchain based Gather Network to launch its first commercial establishment in India

    As per the company, the primary goal of Gather has always been to fix the internet’s business model

    By FE Digital Currency
    May 26, 2022 11:46 IST
    Between 2020 and 2021, lending platforms such as yield farming protocols accounted for $923 million in stolen funds from 64 theft incidents
    Thefts across DeFi platforms leaped 1,330% in 2021: Report

    In 2021, price oracles caused flash loan attacks which led to thefts worth $364 million from DeFi platforms

    By FE Digital Currency
    May 26, 2022 10:17 IST
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