Madana Prathap
Contributor
Latest Stories from Madana Prathap
6 mins read
India’s cryptocurrency tax kicks in from April – here’s what investors need to know
Beginning April 1, a 30% tax will apply to all forms of virtual digital assets (VDA), or crypto ass…
3 mins read
India is monitoring crypto transactions of 700 investors – evaders could reportedly face a hefty penalty tax
The Income Tax department has shortlisted 700 crypto transactions that haven’t been declared in IT …
3 mins read
Jamaica's CBDC isn't even launched yet and the crypto Twitter is already up in arms
Jamaica’s central bank intends to call its upcoming digital currency JAM-DEX.The name has drawn fla…
3 mins read
NFT artist blows Lamborghini to 999 pieces — now stands to make at least $1 million
An NFT artist blew up a Lamborghini to protest crypto investors’ “get rich quick” mindset and is no…
3 mins read
More than $300,000 of China’s new CBDC is being spent at the Olympics every day
Head of China’s central bank claims that over $300,000 of China’s new digital yuan is being spent a…
5 mins read
NFTs are the new crypto wild west — artists and brands with big pockets are the only ones who can afford to fight back
Nike has filed a lawsuit against StockX for selling non-fungible tokens (NFTs) with its branding wi…
5 mins read
Russia's new crypto law is less than a week away — Here’s what we know so far
By the end of the week, Russia is expected to roll out new laws to govern cryptocurrencies in the c…
2 mins read
Sundar Pichai pegs Google’s Web3 ambitions to the cloud
Joining the Web3 narrative alongside Facebook, tech giant Google is “definitely” looking at blockch…
4 mins read
Facebook’s fake crypto ads are being taken to court by Australian billionaire Andrew Forrest
In more bad news for Facebook, Australian billionaire Andrew Forrest has filed a criminal case agai…
3 mins read
NFT sales hit $7 billion all-time-high in January, but it may just be a bubble waiting to pop
Amid a bear market for cryptocurrencies, trade around non-fungible tokens (NFTs) was seen surging. …
3 mins read
Twitter’s long-awaited hexagonal profile pictures that give bragging rights to NFT HOLDers is here — but not everyone loves it
Twitter has finally gone live with hexagonal profile pictures that give bragging rights to owners o…
3 mins read
Terra's LUNA token continues to hold its own even in a crypto bear market — here's why
Terra’s LUNA cryptocurrency is the only major player in the space to gain above 3% in the last 24 h…
4 mins read
Cardano jumps on the metaverse bandwagon with Pavia — here’s everything you need to know about ADA’s entry into play-to-earn
The Pavia metaverse platform and its native in-game currency are built upon the Cardano blockchain.…
8 mins read
Bitcoin, Ethereum, and others are half-way down from their record highs, but investors are still better off than they were a year ago
The cryptocurrency market continues to roll in the doldrums but most coins are still better off tha…
2 mins read
El Salvador is preparing for Bitcoin bonds – government will present 20 bills to lawmakers for regulating cryptocurrency
On Jan 2, El Salvador’s crypto-loving President Nayib Bukele tweeted his top five predicti…
1 min read
As cryptocurrencies became mainstream, these were biggest movements in regulation this year
India’s cryptocurrency bill may still be stuck in a jungle of red tape, but other countries like El…
1 min read
Hackers stole over $4 billion in cryptocurrencies this year — Here’s a full list of the biggest crypto heists in 2021
The growth in the popularity of non-fungible tokens (NFTs) has also spurred fresh activity w…
4 mins read
Cryptocurrencies aren’t delinked from traditional markets — the influence of US Fed policies on crypto markets is another proof
Cryptocurrencies like Bitcoin are aspiring to be ‘digital gold’. They want to remain valuable even …
3 mins read
Matrix actor Keanu Reeves is a cryptocurrency HODLer, wants a non-Facebook metaverse, and thinks NFTs are LOL
In an interview with The Verge, Keanu Reeves found ‘scarce’ NFTs to be a funny concept. According t…
3 mins read
The company behind The Sandbox, Decentraland and Axie Infinity is now helping the Bored Apes Yacht Club launch its own P2E game
The Bored Ape Yacht Club is planning to launch its own play-to-earn (P2E) game next year in collabo…
1 min read
Not all NFTs are avatars — Here are 8 other digital projects that raised millions last week
Non-fungible tokens (NFTs) have been selling for millions of dollars this year. However, this past …
2 mins read
AscendEX suspends crypto withdrawals as hack wipes out $77.7 million worth of Ethereum, Polygon and other tokens
For now, customer withdrawals have been suspended, as AscendEX is conducting a security review…
4 mins read
Amazon outage causes seven hour disruption at crypto exchanges, raises questions on 'decentralisation'
Cloud service Amazon Web Services (AWS), which runs around one-third of the internet, saw a massive…
6 mins read
Solana, Cardano, Polkadot and others — here’s a quick look at why these crypto tokens are being touted as ‘Ethereum Killers’
Ethereum’s high gas fees have many blockchain developers looking at alternatives to build their pro…