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Top 10 Crypto News, 1st July
Top 10 Articles For The Day. Trending News That You May Have Missed Out On. We Find The News So You Don't Have To!
Himanshu S.
3:13 1st Jul, 2022
Policy

India Excludes Gift Cards, Reward Points From Crypto Tax

Indian crypto tax laws came into effect from April 1. Government clarifies on definition of virtual digital assets.


Bugatti NFT Costs Over Half A Million Dollars, Or The Price Of A Brand-New Supercar

Earlier this year, Bugatti entered the world of digital artwork with a tiny sculpture that mirrors the looks of the bespoke La Voiture Noire and an accompanying NFT. Fast forward to present day, and they have announced that they sold it for an eye-watering sum.


Government Of Colombia Set To Utilize XRPL Blockchain For Land Registry

After a year of work, Ripple partner Peersyst Technology, a Barcelona-based software development firm, has announced the launch of Colombia's first National Land Registry on top of the XRPL Blockchain.


Music Legend Timbaland Releases His Bored Ape's First NFT Music Video “Has A Meaning”

GRAMMY Award-winning super-producer, entrepreneur, and music legend Timbaland (@timberland) – renowned for cultivating some of the best artists in the real world – has now channeled his incredible talent and energy into the Metaverse with the introduction of Congo .


Music Streaming Company Napster To Launch Its Own Token On Algorand

The veteran music streaming company has released a litepaper outlining the launch of its planned $NAPSTER token.


US Lawmakers Say Crypto Industry Has A 'Tech Bro' Problem Hurting Innovation

Venture capitalists tend to invest in companies with predominantly white male leadership, while women and people of color "remain in the waiting room," according to Stephen Lynch.


Pentagon Finds Concerning Vulnerabilities On Blockchain

A report commissioned by the Pentagon concluded that the blockchain is not decentralized, is vulnerable to attacks and is running outdated software.


Coinbase Denies Reports Of Selling Customer Data To The US Government

Coinbase clarified that the crypto exchange was not selling its users’ data and highlighted that it only provides information for investigations of financial crimes.


Facebook Begins Testing Ethereum & Polygon NFTs On Profiles

Facebook is starting with Ethereum and Polygon NFTs but will soon add support for NFTs on Solana and Flow, a Meta representative told Decrypt via email.


Bitcoin, Binance Coin, Monero, & Flow Daily Crypto Price Analysis


The global crypto market has changed direction by adding 1.52% over the last 24 hours. The performance of Bitcoin also improved as it has added 1.79% over a day. Binance Coin is also back to gains as it has added 3.68% over the last day. Monero is bearish.

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