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...
15 Nov, 2022, 07.38 PM IST
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...
16 Oct, 2022, 10.43 AM IST
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,...
28 Jul, 2022, 07.53 AM IST
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...
08 Jun, 2022, 03.39 PM IST
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...
12 Apr, 2022, 09.13 AM IST
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...
07 Apr, 2022, 11.19 AM IST
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...
07 Apr, 2022, 09.05 AM IST
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.
11 Feb, 2022, 07.34 PM IST
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...
11 Feb, 2022, 06.00 AM IST
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...
04 Feb, 2022, 09.36 AM IST
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...
03 Feb, 2022, 08.56 PM IST
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...
02 Feb, 2022, 10.06 AM IST
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...
13 Dec, 2021, 11.25 PM IST
Crypto trade among bourses may be bannedThe legislation would also give New Delhi powers to monitor an exchange’s ledger for foreign exchange transfers.
09 Dec, 2021, 05.54 AM IST
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 ...
02 Nov, 2021, 10.34 PM IST
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.
02 Nov, 2021, 01.22 PM IST
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...
02 Nov, 2021, 10.54 AM IST