Articles written by Samiran Mondal - Benzinga

Why Smart Cities Need Blockchain Technologies

|Smart cities continue to grow across the globe as more governments embrace digitalization. The term smart cities refer to a utopia urban development that uses emerging technologies to run day-to-day activities.

Binance.US Delists Amp Token That SEC Deemed a Security

|Binance.US (CRYPTO: BNB) will delist the AMP (CRYPTO: AMP) token “out of an abundance of caution” after the U.S.

Hong Kong University To Build World's First Metaverse Campus: MetaHKUST

|The Hong Kong University of Science and Technology (HKUST) recently announced its plans to open the world’s first physical-digital twin campuses in the metaverse. Called MetaHKUST, the mixed virtual reality classroom will enable students from different places to attend classes like they were in the same class.

Why Every Business Should Give a Thought to Web3

|The Web3 deserves all of this hype as its central concern is to give ownership of data to the hands of the users. Fair enough? But that's not it. Web3 breaks down the barriers and transforms the meanings via which the World looks at money. What was Web2, and Why is Web3 better than it?

Leumi Israel's Second-Largest Bank to Offer Bitcoin and Ethereum Trading

|Bank Leumi (OTC: BLMIF) (LUMI.TA) will become the first Israeli bank to enable cryptocurrency trading, its digital platform Pepper Invest said on Thursday after partnering with U.S. blockchain firm Paxos.

Binance is donating $10M to help the humanitarian crisis in Ukraine

|The war situation in Ukraine is not good. This has resulted in the entire crypto community coming together to contribute to their help. Binance has also opened an emergency fund as it donates $10M to Ukraine itself. Their goal would be to provide ground support to the people who are stuck in the war zone.

Indiam Government Officials Were Constantly Monitoring The Crypto Sector

|India’s finance minister, Nirmala Sitharaman, has reportedly revealed that the government is “constantly monitoring” and “watching the crypto sector.” Referring to her budget speech, she noted that crypto taxation will be implemented before the central bank, the Reserve Bank of India (RBI), issues its digital currency.

Decentraland Hosts First Metaverse Wedding In The US: Meta-Marriage

|At least 2,000 guests attended virtual ceremony at Decentraland (CRYPTO: MANA). However, the couple’s bells and whistles big day didn’t go strictly according to plan, meaning that the Metaverse still needs to develop further to host similar ceremonies reliably.

Will Nintendo Dive Into The Metaverse Or NFTs?

|The president of Nintendo (OTC: NTDOY) says the games company will hold off on expanding into the metaverse until it can be sure that the medium will provide the "surprise and fun" its players expect.

Crypto Tax Doesn't Legalize Trading: Indian Tax Department Chief

|The head of the Central Board of Direct Taxes (CBDT) in India said the recent announcement of a 30% tax on crypto holdings doesn’t necessarily make the crypto trade legal in India.

Thailand Drops Plans To Tax Crypto 15% After Pushback From Public

|Thailand has reportedly scrapped plans to impose a 15% withholding tax on crypto transactions following a surge in cryptocurrency trading. The proposal, which was presented earlier this year, triggered a lot of opposition, but it appears that some sort of crypto tax will still be implemented.

Nike Is Hiring A Metaverse Director

|Nike (NYSE: NKE) is looking to enter the metaverse with new hires after Apple investing in Metaverse.

Apple CEO Tim Cook Said: Apple Company Sees A Lot Of Potential In The Metaverse

|Apple (NASDAQ: AAPL) CEO Tim Cook addressed the idea of the “metaverse.” In response to a question from Morgan Stanley (NYSE: MS) analyst Katy Huberty, Cook explained that

Putin Says: 'We Have Competitive Advantages In Bitcoin Mining'

|Russian President Vladimir Putin has given crypto enthusiasts a glimmer of hope for the future of digital assets in the country, which have been under threat from a recent push to ban cryptocurrencies and mining.

The Russian Finance Ministry said: Crypto should be regulated, not banned

|Russia should regulate the crypto market, not ban it, Finance Ministry official Ivan Chebeskov said on Tuesday, appearing to contradict the central bank, which last week proposed banning the use and mining of cryptocurrencies. "We need to regulate, not ban," Chebeskov said "Regulation is sufficient to protect our citizens."

Is Blockchain A Revolution In Technology Or A Change In The World's Order?

|Since its inception, blockchain technology has been making waves in various industries, especially in cryptocurrencies. While the technology has had a significant impact on the financial sector, the technology has been revolutionary across multiple industries that handle and manage data.

Booming NFT Markets Cause DeFi To Take A Different Approach

|Decentralized Finance (DeFi) is one of the key trends in the blockchain industry and is causing many changes in the broader financial economy. The spiral growth of DeFi is a testament to the high potential of decentralized platforms and digital currencies.

Growing Dependence On Intelligent Technologies as Full Digitalisation Approaches

|No one can deny the fact that there's an increasing dependence on intelligent technology. Both big and small, the company depends on technologies to stay up to date with essential data on consumer behavior trends. This information is collected as users interact with different applications.

Singapore suspends crypto exchange Bitget's license

|Bitget reportedly loses license after it promoted Army Coin, named after the group’s ‘BTS army’ followers. Singapore’s financial regulator has reportedly suspended Bitget, a crypto exchange that is mired in a row involving South Korea’s biggest boyband, BTS.

Blockchain the solution In The Internet Of Things (IoT) Security

|Thanks to the networks and connectivity with IoT, we are now in the global village, the internet of things being in the center of its all. The internet is poised to connect people, but this new technology is for connectivity and things.