This means that blockchain is not governed by a single authority but operates in a decentralized network. Its security is fortified by advanced cryptography that ensures it is highly secure. All transactions are available for public viewing, thus ensuring total transparency. Besides, once data enters the blockchain it becomes unchangeable meaning that no one can … Read more
What is SafeMoon? SafeMoon is a decentralized finance (DeFi) token designed to offer a novel approach towards tokenomics. It integrates Reflection, Liquidity Pool Acquisition, and Burn mechanisms to create an ecosystem that supports itself. This structure allows token holders to earn additional SafeMoon tokens proportionate to the amount they hold, promoting long-term investment and stability. … Read more
Safety always comes first in the cryptocurrency world. However, as digital assets have gained popularity, so has the prevalence of fraud, hacking and theft. It doesn’t matter if you are a seasoned crypto investor or new to the field; you must keep your digital assets safe. Here are some vital tips to protect your cryptocurrency. … Read more
Introduction Welcome to the electrifying domain of NFTs! If you are new here, you must have heard a lot about NFTs or non-fungible tokens. These blockchain tokens are digital assets which represent ownership over various things like pictures, music, and even virtual properties. Investing in NFTs 101 provides a beginner’s roadmap to investing in NFTs … Read more
Introduction Cryptocurrency, often referred to as crypto, has seen a surge in popularity in recent years. Many individuals are venturing into the world of digital currencies as a means of investment. However, one question that frequently arises is whether it is necessary to file Income Tax Returns (ITR) for crypto investments. In this blog post, … Read more
Introduction In the world of cryptocurrencies, the process of transferring digital assets to traditional banks can sometimes pose a challenge. For those looking to convert their TON coin holdings into fiat currency in a quick and efficient manner, understanding the right steps is crucial. This article will guide you through the process of transferring TON … Read more
The e-Rupee and cryptocurrency are two types of digital currency that differ in their characteristics and underlying ideologies. The Reserve Bank of India issues the e-Rupee, emphasizing stability and centralization, while cryptocurrencies are decentralized and known for their volatility. The table below outlines crucial differences in issuer, value stability, transaction settlement, legal status, technology, and … Read more
Yes, we have to pay crypto tax in India. When trading cryptocurrencies in India, a tax of 30% applies, and the same rate is also applicable to crypto exchanges. If you receive gifts of crypto assets worth more than INR 50,000, they are subject to a 30% tax. Airdrops, which are considered gifts, also fall … Read more
Based on our current Toncoin price prediction, we anticipate a significant increase of 222.03% with a projected value of $20.71 by May 13, 2024. Our technical indicators suggest bullish sentiment and the Fear & Greed Index reading of 72 (Greed) reinforces this. Over the last 30 days, Toncoin has had 17 out of 30 (57%) … Read more
Fantom (FTM) is a decentralized blockchain platform designed to provide a fast, secure and scalable infrastructure for decentralized applications (dApps) and smart contracts. The platform uses a unique consensus mechanism called Lachesis, which provides almost instant confirmation of transactions and high throughput. The Fantom platform was launched in 2018 by an Australian development team and … Read more