The Digital Chamber pens letter to Vice President Kamala Harris

Although the Coronavirus pandemic has led many brick and mortar industries to close operations, cryptocurrency exchanges seem to have had their best month in a long time. According to an exchange report released by CryptoCompare, Bitcoin (BTC) trading volume saw record-breaking numbers throughout the month.Cryptocurrency market daily view. Source: Coin360The March 13 market crash that brought the…

The Confederation of Indian Industries has proposed new regulations around the nascent crypto market. 628 Total views 23 Total shares The Confederation of Indian Industries (CII), a non-government trade association and advocacy group, has proposed to treat cryptocurrencies as securities of a special class. The trade association released a report titled “Cryptocurrencies, Crypto Tokens/Assets & Regulations:…

Wendy’s says its "FreshAI" bot reduces costs allowing funds to be focused elsewhere, others worry that eventually, those less skilled will be jobless. An artificial intelligence (AI) chatbot dubbed "Wendy’s FreshAI," will take orders from Wendy's drive-thru customers after the fast-food chain partnered with Google Cloud to create the bot.Over three-quarters of Wendy’s customers prefer…

Government officials from CGST Mumbai Zone recovered the funds from crypto exchange WazirX after detecting a GST evasion of $5.43 million on trade commissions. 2037 Total views 7 Total shares Indian crypto exchange WazirX has reportedly paid over $6.6 million (49.2 crore rupees) following non-payment of Goods and Services Tax (GST) on trade commissions. The…

Justice Joel M. Cohen of the New York Supreme Court (NYSC) has ruled to extend the preliminary injunction in the ongoing case of crypto exchange Bitfinex and Tether’s parent company, iFinex, against the New York Attorney General (NYAG), on July 29.Cohen reportedly decided to give a 90 day extension to the case, which apparently means…

Bitcoin (BTC) consolidated higher on July 16 after the Wall Street trading week finished with modest gains for United States equities.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewCan Bitcoin bulls reclaim the 200-week moving average?Data from Cointelegraph Markets Pro and TradingView showed BTC/USD ranging between $20,500 and $21,000 into the weekend.The pair thus preserved the majority of…

Mastercard joins Visa and American Express with moves into the Metaverse as it seeks to increase revenue streams and remain competitive in the virtual economy. 486 Total views 9 Total shares Payments giant Mastercard has filed 15 nonfungible token (NFT) and metaverse trademark applications with the United States Patent and Trademark Office, or USPTO.Highlights of…

After a momentary retest of the $25,000 support on June 15, Bitcoin (BTC) gained 6.5% as bulls successfully defended the $26,300 level. Despite this, the general sentiment remains slightly bearish as the cryptocurrency has declined by 12.7% in two months.The dismissal of Binance.US's temporary restraining order by United States district court Judge Amy Berman Jackson…

The record number of Bitcoin hodlers are hedging their savings against central banks. 2623 Total views 57 Total shares The number of addresses holding at least 0.1 Bitcoin (BTC) has exceeded the 3-million mark for the first time as hodlers brace for the halving.Source: glassnodeAnalysts who adhere to the efficient markets hypothesis, believe that the…