FlatQube DEX Unveils QUBE Utility Token and Sets DAO Governance in Motion
Over the past six months, the Everscale network has gone through a complete metamorphosis. Originally called FreeTON, the network has made great strides in improving its technical capabilities as well as developing a robust ecosystem of DeFi platforms. The scale of these changes led the coчафmmunity to call for a rebranding to reflect how the project has come into its own as a mainstay of the DeFi industry, distinct from its origin as...
Indian Government Reveals 11 Crypto Exchanges Investigated for Tax Evasion, $13 Million Recovered
The Indian government has revealed that 11 cryptocurrency exchanges have been under investigation by the country’s tax authority. About 95.86 crore rupees ($12.6 million) have been recovered from them. 11 Crypto Exchanges Investigated for Tax Evasion The Indian government answered some questions regarding the taxation of cryptocurrency exchanges Monday in Lok Sabha, the lower house of parliament. Parliament member S. Ramalingam asked...
Vietnamese Government and Central Bank Developing Legal Framework for Crypto
Vietnam is creating a legal framework for cryptocurrency. The country’s deputy prime minister has instructed the Ministries of Finance, Justice, and Information & Communications to work with the central bank, the State Bank of Vietnam, on the framework. Vietnam Creating Legal Framework for Crypto Vietnamese Deputy Prime Minister Le Minh Khai reportedly notified three ministries last week instructing them to work with the central...
Russian ‘Loop Hero’ Dev Approves Piracy After Sanctions Hobble Steam
When Vladimir Putin’s tanks and an estimated 200,000 troops began to roll across the border on February 24, 2022, his military expected swift subjugation of Ukraine. Four weeks later amid massive loss of human life and widespread destruction, things are not going to plan for Russia, militarily or economically. An unprecedented sanctions package aimed at deterring Putin has plunged Russia’s economy into crisis and in common with...
Court Denies Cox’s Challenge of $1 Billion Music Piracy Verdict
Internet provider Cox Communications has been on the sharp end of several piracy lawsuits in recent years. The biggest hit came three years ago when the Internet provider lost its legal battle against a group of major record labels. $1 Billion Verdict A Virginia jury held Cox liable for pirating subscribers because it failed to terminate accounts after repeated accusations, ordering the company to pay $1 billion in damages to the...
