The Ropsten Testnet Is Now Live With Ethereum’s Merge Upgrade.
If the planned trial update on the Ropsten public testnet proceeds as planned later today, Ethereum’s Merge—the blockchain’s much-anticipated move from its current proof-of-work (PoW) mechanism to a proof-of-stake (PoS) consensus algorithm—will be one step closer. Ropsten is Ethereum’s oldest testnet, having been launched in 2016. It enables for blockchain development testing prior to deployment […]
The reduction in India’s crypto tax to 0.1 percent was a ‘typo,’ and the government has issued a clarification.
The Income Tax Department said on Wednesday that a spelling issue on its website incorrectly changed a 1% tax-deducted-at-source (TDS) amount to 0.1 percent, which has subsequently been corrected. Fast Facts on the crypto tax typo “Some media reports have come to the notice of CBDT (Central Board of Direct Taxes) claiming that the rate […]
According to Deloitte, 75% of retailers expect to accept crypto payments within the next 24 months.
The main reasons mentioned for wanting to use crypto payments were to improve customer experience, expand their client base, and have their brand viewed as “cutting edge.” According to a new survey, three quarters of US retailers aim to accept crypto or stablecoin payments over the next two years. It also discovered that more than […]
Metaverse Father Neal Stephenson launching Metaverse Blockchain 2022
Neal Stephenson’s focus at LAMINA1 will be on “getting artists and other value producers compensated fairly for their work, benefiting the environment […] and seeing a truly open Metaverse established,” according to co-founder Peter Vessenes. The father of Metaverse, Neal Stephenson, who originated the phrase “Metaverse” 30 years ago, is establishing a blockchain project called […]