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The evolution of the cryptocurrency and NFT market has shown that NFTs that do not have a community proposal quickly lose their value as they are not based on tangible benefits but only on FUD and speculation. Furthermore, offering APYs with extreme...

After French Montana announced the release of an exclusive NFT collection – the “French Family”, NullTx sought out more information and uncovered details that will make the collection much bigger than BAYC or any collection of NFTs currently...

Central American country El Salvador has deferred its plans to issue the much-awaited Bitcoin Bond due to the current market conditions, the country’s Finance Minister Alejandro Zelaya told local media “Frente a Frente.” The authorities were...

El Salvador, the first country to adopt Bitcoin as its legal tender, is ready to launch the bitcoin-backed bonds to fund the establishment of Bitcoin city as well as mining and energy infrastructure. The bonds will also be used to add to the...

Soon after the Indian government’s Budget announcement to bring digital assets under the government’s taxation regime, Finance Minister has given another blow to its legal status by her comments. Banning or not banning cryptocurrencies will come...

Soon after the Indian government’s announcement to bring the transfer of digital assets into the 30% tax bracket, Economic affairs secretary Ajay Seth has said that even a ban is still not off the table. Cautioning about risks of virtual assets, he...

The International Monetary Fund warned El Salvador to drop Bitcoin as legal tender. Not just once, or twice, but at least 4-5 times in the past. In fact, even the Executive directors urged El Salvador to detach Bitcoin’s status as legal tender in...

Hours after the Indian government’s announcement to bring the transfer of digital assets into the 30% tax bracket, the industry seems to be divided on its implications. Investor Rakesh Jhunjhunwala, for instance, known as the “Warren Buffett of...

Finance Minister Nirmala Sitharaman has unveiled the Indian Budget today for 2022-23 with two major announcements around cryptocurrencies. The FM has proposed a taxation rate of 30% on any income arising from the transfer of any virtual digital...

The second day of the winter session of the Indian Parliament kickstarted on 30 November, but the crypto-bill is not up for discussion yet. However, Finance Minister Nirmala Sitharaman told the Rajya Sabha that a new, reworked crypto-bill, will be...