India tops global crypto use despite offshore exchange ban

The insurer attached an exclusion saying that any losses, damage, claim, occurrence or lawsuit related to NFTs are not covered by the policy. 173 Total views 6 Total shares CNA Financial, the seventh-largest commercial insurer in the United States, has excluded nonfungible tokens (NFTs) coverage from Schwab Strategic Trust’s policy worth $20 million.In a filing

The milestone was accomplished less than one month after a much-anticipated airdrop. 458 Total views 28 Total shares Own this piece of history Collect this article as an NFTAccording to statistics compiled by user @Henrystats on Dune Analytics, the number of accounts, or wallet addresses, for Ethereum layer-2 scaling solution Arbitrum (ARB) surpassed 5 million…

The joint committee of BOT, SEC and MOF believes the current payment infrastructure is efficient and digital assets would add no extra benefits. 60 Total views 31 Total shares The Bank of Thailand (BOT), the Securities and Exchange Commission (SEC) and the Ministry of Finance (MOF) have come together to review and issue guidelines on…

Bitcoin (BTC) starts a new week in all-too-familiar territory with all-time highs just out of reach.After a positive weekend, the largest cryptocurrency has avoided a deeper price dip than that seen last week, and $50,000 has stuck as support. What next?Cointelegraph takes a look at five factors which may shape Bitcoin price action in the…

“NFTs present a real opportunity for artists to create and derive more value than ever before, and we saw an opportunity to solve the existing challenges and barriers to entry that many are currently facing with Metaplex,” said Raj Gokal, COO of Solana Labs. 2288 Total views 2 Total shares A nonfungible token marketplace by…

Strategy said it would use the net proceeds for its working capital and acquisition of Bitcoin. 2211 Total views 3 Total shares Business intelligence firm and Bitcoin investor Strategy plans to offer 5 million shares of the company’s Series A Perpetual Strife Preferred Stock and use the proceeds to purchase more Bitcoin.  In an announcement

Altcoin price action has been the talk of the town for the past two weeks — and for good reason. Since the start of 2020, altcoins like Icon (ICX), AION and WanChain (WAN) have surged more than 200%, 120% and 60% respectively, leading some analysts to suggest that a new altcoin season has begun. Crypto market…

Head of Blockchain and Distributed Ledger Technology at the World Economic Forum (WEF), Sheila Warren, claims that blockchain could be a solution to the worsening trust crisis globally. Warren made her comments during an interview with Cointelegraph on May 31.During the interview, Warren claimed that public trust towards governments, banks, media and institutions, namely in…

The Nigeria Deposit Insurance Corporation (NDIC), a federal insurance overseer and safety net provider, has issued a public warning about relying on cryptocurrency transactions in a press release on July 25.According to the press release, managing director and CEO of NDIC Umaru Ibrahim said that relying on cryptocurrencies is very risky, because they are unregulated…