White House office seeks public opinion on crypto-climate implication | Curated CoinCodeCap #29 March 2022
Crypto Regulation, DAO Wars, DeFi Sagas, Bitcoin Supremacy, and Digital Avatars, all here with market updates and a meme.
While Bitcoin paves the path for crypto mass adoption, Ethereum becomes the sword of Keyboard warriors. Here’s what happened to the market yesterday:
Our Blockshots Podcast 🎙️🎤
This week we speak to Rahul S., the CTO of Connext network, a protocol building primitives for blockchain interoperability. We discuss cross-chain bridges, multi-chain dapps and the UX challenges of current bridging solutions.
Revest Protocol Exploit: More than $2 Million in Tokens Stolen
On March 27th, 2022, at 1:41 AM UTC, the Revest Protocol was victimized by an exploit. In the exploit, approximately $2 million in tokens (specifically BLOCKS, ECO, and RENA) were stolen from our Ethereum-based token vault. Keep Reading »
Coinbase is Calling on the Public to Oppose the EU’s Amendment
Coinbase is urging the public to oppose the European Union’s amendment to the “Transfer of Funds Regulation”. Coinbase is urging because it would require exchanges to collect, verify, and report information on non-customers who use self-hosted wallets. Keep Reading »
The Future of DAOs
Decentralization is one of the most essential characteristics of digital currencies. This implies they are distributed over many computers, networks, and nodes rather than controlled by a single organization like a government or central bank. Keep Reading »
GST Department in India Recovers Over 95Crore from Crypto Exchanges
According to our sources, in a written reply to the Lok Sabha today, Minister of State for Finance Pankaj Chaudhary stated that the government had initiated action against 11 cryptocurrency exchanges in India for tax evasions totaling Rs 81.54 crore. MoS Chaudhary also stated that the total amount recovered from cryptocurrency exchanges, including interest and penalty charges, is Rs 95.86 crore. Keep Reading »
Idaho Gov Candidate Promises to Scrape off Gains and Taxes for Bitcoin Users
Every country and state is attempting to introduce cryptocurrencies into the mainstream. Recently Florida declared that it is making plans to accept digital currencies for payments of taxes. Following its footsteps, a candidate from the state of Idaho, Dave Reilly, has announced that he will “abolish capital gains taxes, property taxes, and income taxes for Idahoans who use Bitcoin.” Keep Reading »
OpenSea Phishing Link Scam
We will advise our readers not to click on any suspicious links to buy NFTs. Instead, always refer to the official OpenSea Website. Phishing Link cases are increasing a lot nowadays, so please stay alert. Keep Reading »
USDSwap Phishing Link Scam
We will advise our readers not to click on any suspicious links to buy crypto and NFTs. Phishing Link cases are increasing a lot nowadays, so please stay alert. Keep Reading »
Trustpad Phishing Link Scam
TrustPad is a decentralized multi-chain fundraising platform enabling projects to raise capital and promise safety to early stage investors. We have learned about the ApeCoin and other OpenSea Phishing scams in the last week. So scammers are out with a new link Keep Reading »
Japan will modify its foreign exchange laws to address a provision that allows Russia to avoid sanctions.
Top government officials stated on Monday that Japan will revise its foreign exchange legislation to avoid Russia from dodging Western financial sanctions by using crypto assets in the aftermath of Moscow’s invasion of Ukraine. Keep Reading »
Market Updates
LRC Price Analysis March 2022
LRC is a token of platform Loopring. Its current price is around $1.17 by the time of writing, with a low of $0.1747 in 2021, and has a market cap of 1.5 billion dollars. This week has been a good week for Loopring traders. The project’s value has increased by over 50%, and the coin is now ranked #68 on CoinMarketCap. Keep Reading »
APE Price Analysis March 2022
There’s been a lot of hype surrounding a new token called ApeCoin. The idea is unique and provides many advantages to the entire cryptocurrency ecosystem. APE is a token of platform ApeCoin. Its current price is around $11.32 by writing, with a low of $1.00, and has a market cap of 3.1 billion dollars. Keep Reading »
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