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WhatsApp India head Abhijit Bose quits; RBI picks five banks for retail CBDC pilotMeta India has been hit by fresh top-level exits, days after the tech giant said it would sack about 11,000 employees worldwide. Abhijit Bo...
Crypto Week At A Glance: Bitcoin range-bound at $19K as US CPI data sparks volatilityThe total crypto market cap is now near $900 billion. The market will likely be range bound till November 2, the day the US Fed announces a...
Meta posts first-ever revenue drop as inflation throttles ad salesMonthly active users on flagship social network Facebook came in slightly under analyst expectations at 2.93 billion in the second quarter,...
Citi sees a $13 trn opportunity in Metaverse. Does it have the potential?As this digital asset found new utility, investors who hold a considerable amount of these assets will have a favourable advantage in the f...
Meta to start testing money-making tools for its metaverseThe tools will be available initially to a handpicked set of users who are creating virtual classes, games and fashion accessories within t...
Meta plans virtual currency, creator coins for its apps: ReportMeta's cryptocurrencies, internally dubbed "Zuck Bucks", are intended for the metaverse and may not be based on blockchain, the FT report s...
Meta plans virtual currency, creator coins for its appsThe move, which is reported to be in its early stages, comes as Meta grows its focus on services centered around the metaverse, a virtual e...
Crypto tax: Even coins brought to Indian exchanges for sale in India will attract additional taxWith no clarity around crypto tax, Indian cryptocurrency exchanges may have to absorb this tax.
Crypto tax may hurt social cos with reward points, in-app buysGoing ahead, social media giants such as Meta or dating apps like Gleeden or even gaming apps could face a 1% tax deducted at source as the...
Top cryptocurrency prices today: Bitcoin, Terra gain up to 5%; Dogecoin slipsAll the top-10 digital tokens were trading with decent gains. Terra gained more than 5 per cent and Bitcoin over 1 per cent. Dogecoin, howe...
Facebook: from bad to Meta-worseMeta, which on Thursday reported the first ever quarter-to-quarter drop in Facebook’s daily active users in its history, is seeing the plat...
30% tax on income from digital assets: All you need to knowThis implies that if you are holding cryptocurrencies, then income derived from such an investment will be taxed at 30 percent. Any profits...
Stablecoins steal the limelight from subdued bitcoinStablecoins are a form a virtual currency with values pegged to traditional assets such as the U.S. dollar or commodities, and their rise h...
Crypto trade among bourses may be bannedThe legislation would also give New Delhi powers to monitor an exchange’s ledger for foreign exchange transfers.
SoftBank leads $93 mln investment in NFT gaming firm The SandboxThe Sandbox, majority-owned by blockchain gaming developer Animoca Brands, allows players to build, own, and monetize their virtual gaming ...
Apart from Facebook, who else is building the metaverse?The metaverse broadly refers to the idea of a shared virtual platform that people can access through different devices.
Who's building the metaverse?Well before Facebook CEO Mark Zuckerberg's splashy demos featuring giant robots and digital time travels to ancient Rome, dozens of compani...