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Banning cryptocurrency in India is too late: legal experts

  No matter cryptocurrency has become a popular financial medium in the digital world. Many big companies have taken initiative in incorporating digital currencies as payment options. Some of the big names to mention are Goldman Sachs, Starbucks, Coca-Cola, Tesla, BMW, Sotheby's, Travala.com, and others.  Even celebrities have also shown interest in this new decentralized digital money system. However, there are mixed approaches in terms of acceptance and banning. Other than western countries, investing in Bitcoin in India has also been popular. In 2018, RBI had banned digital currencies directing commercial banks not to deal in any of the crypto activities.  But in March 2020 the central bank lost the case, and the ban was lifted by the Supreme Court of India. But now there is a new crypto regulation bill that is yet to be finalized by the Indian government. It will be brought up next year during the parliament session in February 2022.  According to legal experts,...

How to authenticate fake medicines?

  The sale of fake medicines is one of the most prevalent malpractices in healthcare presently. It can affect a population or an individual in worse ways than one can imagine. Hence, before buying medicine, it should be made sure that the medicine is not fake and is authentic. Let's find out how we can authenticate fake medicines . Start by checking the seal of the packaging. Not only for medicines, but before you buy any product, you must check its seal to confirm that the product is fresh and has been used by anybody else, or that its constitution is not hampered. After checking the seal, check the packaging. Many times fake medicine sellers package fake medicines very similar to real or authentic ones. However, it isn't very tough to make out the difference between the two. The texts on the packaging, which are usually the names of the drugs involved, could be misspelled or could be printed in a color different from the rest of the stock. If you see that the packaging has th...

New Spiderman movie contains crypto malware, warns cybersecurity firm

  Issues like software malware have been a common thing we all have experienced so far. But according to a recent crypto news a cybersecurity company has detected cryptocurrency malware in torrent download and that too of the Spiderman: No Way Home, a recent web-slinger superhero flick. According to the firm, the exclusions have been added by a crypto miner, creating continuity and generating a checking procedure for monitoring the activity.  Avoid downloading Spiderman: No Way Home from the Torrent website If you are a die-hard fan of Spiderman, and cannot resist downloading its latest movie Spiderman: No Way Home then wait before you repent later. Reasonlabs is a well-known cybersecurity firm that has spotted malware related to cryptocurrency on the torrent downloading website of the latest superhit Spiderman movie.  Reasonlabs is well-known for providing cyber protection to its users all around the world. According to this cybersecurity firm, hackers play a smart trick...

IRIS: The first fiery goddess of the NFT Universe

  You must know many mascots representing their respective companies. Some of the big examples include Colonel Sanders of KFC, Amul girl, Aflac duck, and various others. Now according to a current crypto news report, the chief executive officer of Iris World created a buzz about the launch of a newbie NFT collection, Goddess Iris.  The main motive behind the creation of this female character is to highlight a free-spirited NFT terrain, named Iris World, showing that earlier side of non-fungible token that has not been known much. This NFT project is looking forward to the participation of celebrities. The Kardashian Kloset is the first one to have approached before many to follow.  Goddess Iris The creation of Goddess Iris is an initiative by the CEO of Iris World, Iris Au. She is portrayed as a beautiful and strong woman. The character also represents a symbol of belief and courage. Besides these two qualities, Goddess Iris is also an epitome of constant growth, feminine...

Miners could face jail term if held for illegal mining of crypto in Russia

  If you keep yourself updated with daily crypto news, then you might have come across news regarding an issue on crypto regulation in Russia that has been a topic of discussion among lawmakers in Russia. According to a report, the member of the State Duma, Andrey Lugovoy has warned miners that they would face a jail term if found practicing crypto mining unofficially. In case there is the legalization of mining, then miners are expected to make judicious use of it before fueling their devices. And if they do not get access to it, and continue linking to the distribution network, then it will fall under the violation of Russian Federation law (both administrative and criminal). In November, Andrey made a revelation about the Russian Liberal Democratic Party, regarding the plan to introduce a draft law for crypto mining regulation.  If this adoption gets implemented, then it will be of great benefit to the entrepreneurs in Russia to practice business legally. The State Duma mem...

American actress Gwyneth Paltrow shows interest in Bitcoin mining investment

  There might be the execution of stricter regulatory laws imposed by crypto-restricted countries, still, there is no drop in the popularity of cryptocurrencies. They have gained traction in getting acceptance from big companies including Goldman Sachs, JPMorgan, Coca-Cola, Travala.com, Sotheby’s, Paypal, and many others.  Besides this, the decentralized finance technology has also got support from numerous celebrities including Mike Tyson, Ashton Kutcher, Maisie Williams, Snoop Dogg, Kanye West, Paris Hilton, Katie Perry, and others. They all have intrigued interest among the fans for investing in Bitcoin .  And now there is one more talented actress from Hollywood who has also shown interest in Bitcoin mining investment round operation named Terawulf. She is Gwyneth Paltrow. And recently according to a report, she along with other investors have initiated a considerable, eight-digit equity investment in a Bitcoin mining firm. Well, it is not new that an American actress...

Buy gift cards in more than 100 cryptos from top brands on Coinsbee

  Have you ever heard of Coinsbee? Well, if not, then let us tell you that it is a platform where purchasing gift cards with numerous cryptocurrencies from all the top brands and shops is possible. You can also get top-ups and payment cards from here. You can make the best use of Coinsbee this holiday season for buying vouchers regarding online video games, gift subscriptions for Netflix, and buying goods. Moreover, there is also the possibility of refilling your mobile account.  Brief about Coinsbee Coinsbee laid its foundation two years ago. The company has been rising at a very fast pace and has become popular for the purchase of gift cards, payment cards, topping up mobile accounts with the help of hundred different cryptocurrencies. To define its success, Coinsbee has experienced bullish growth with more than 100K customers at present.  This company is based in Germany facilitating its customers with a variety of brands. Last month, it had added ample new gift card b...

Binance to become a fully licensed exchange with substantial changes

  Binance is one of the most popular crypto trading exchanges in the world. Now according to a recent crypto news update, it is aiming to become a full-fledged license and amenable exchange with the motive to serve the users in the United Kingdom. Binance is into a plan of making upgrades in the way it functions to follow the Financial Conduct Authority, the financial regulator of the country.  Binance to get the complete license for its launch in the United Kingdom With the motive to be launched in the United Kingdom, Binance has been planning to become completely licensed and amenable. The world-famous cryptocurrency exchange even landed into difficulty with FCA (Financial Conduct Authority). During an interview session with Telegraph, the CEO, Changpeng Zhao, cleared the exchange, applying again for a license with the financial regulator of the country. According to his belief, there has been improvement between the association of Binance exchange and FCA.  According t...

Top 2 BTC debit cards for purchasing

  Bitcoin debit cards let people spend one’s digital currency where usual debit cards are accepted. Hence if you have a substantial balance of BTC or ETH or any other currency in support, it will be possible for you to spend the balance akin to money for a traditional bank account. When the card is used every time, the amount gets subtracted from one’s BTC account and will be converted to the currency of the trader like USD.  If you have Bitcoin, then you can begin with a Bitcoin debit card. That would be a simple thing to do. But to help you in streamlining the best one out, we’ll help you in search of the two best bitcoin debit cards . CoinZoom CoinZoom is supportive of more than 50 coins in an account associated with CoinZoom Visa. Cryptocurrency can be transferred instantly to the United States Dollar at the time of buying. There are 5 versions of the card giving a reward benefit at 5% back.  Bitpay BitPay card is also another best option in the category of top Bitcoi...

Is there a Bitcoin tidal wave in India really?

  Bitcoin is a popular cryptocurrency known all over the globe. The foremost cryptocurrency was founded by a mysterious figure named Satoshi Nakamoto. It made its first operational launch on 3rd January 2009. Since then it has been through many highs and lows due to its vulnerability to volatility. If you follow the crypto news daily, then you must be knowing the epic rise in the regular processing of transactions in Bitcoin which was 650K in July.  Does India allow Bitcoin trading? Is Bitcoin allowed in India , is the question that comes to mind for every new crypto enthusiast. Well, let me tell you Bitcoin has been a favorite among merchants and investors owing to its global fame. Now the question is whether this foremost cryptocurrency is welcomed well in India or not. According to WazirX CEO, Nischal Shetty, yes, there has been acceptance of Bitcoin in India also, not only in developed countries alone. However, some countries did not approve of giving it a legal status and...