Dogecoin can be used as an incentive for humans to flag spammers on Twitter, American billionaire Mark Cuban has suggested Elon Musk. The development comes after Twitter accepted Musk’s offer to buy it for $44 billion (roughly Rs. 3,36,800 crore).

Bitcoin was seen trading below its critical price support over the weekend as broader market weakness continues. Traders’ confidence in the asset has remained quite low considering the selling pressure in the market.

Belgium has levied a new rule for virtual asset players operating, and wishing to set up shops in the nation. Belgium’s financial regulator FSMA has directed all related firms to identify themselves by July 1, and register themselves by September. The nation aims to keep its crypto sector away from being misued for illicit purposes.

The official website of OpenSea states that the NFT marketplace has begun accepting ApeCoin as a payment method. The move coincides with Yuga Labs’ launch of land tokens for its metaverse project named ‘Otherside’ which has earned the company roughly $320 million (roughly Rs. 2,450 crore).

Coinbase cryptocurrency exchange has hired the former head of Snap India, Durgesh Kaushik, to lead the company’s growth in emerging markets as well as leading its entry into a number of markets where Coinbase is yet to add a footprint.

India’s Computer Emergency Response Team (CERT-In) has released two new rules for crypto, Cloud, and VPN players. These rules need firms to save people’s KYC data for five years, and report any security breach or threat within six hours of identifying. While CERT-In is looking to strengthen India’s cyber security, its new rule has stirred concerns among industry…

Wikimedia, the non-profit organization behind Wikipedia, announced an end to accepting crypto donations. The decision was made after a three-month discussion period, after which the wiki community was requested to stop accepting crypto.

India is looking at expanding payment options with its Digital Rupee. The country is exploring potential use cases where its CBDC could come in handy. The development was spoken about by Finance Minister Nirmala Sitharaman during a business conference in San Francisco recently.

The creators of the BAYC NFT collection, Yuga Labs, revealed the Otherside metaverse digital land sale which turned out to be one of the largest non-fungible token (NFT) mints so far. The Otherside metaverse digital land sale raised near $320 million (roughly Rs. 2,450 crore) by promoting 55,000 parcels of Otherside land.

After a tough April closing, crypto price charts brimmed with greens with the start to May. Along with Bitcoin and Ether, Binance Coin, Solana, and Terra saw gains. Only a few cryptocurrencies, such as Binance USD and ZCash among others opened with losses on Monday, May 2.