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Ferrari is looking to integrate NFTs and Blockchain Technology

  Ferrari has declared that it is giving Non-Fungible Tokens (NFTs), Metaverse, and Blockchain technology is looking Ferrari is looking to integrate NFTs and Blockchain Technology  The company's Q4, 2021 earning call, Benedetto Vigna, the CEO of Ferrari stated to the investors that adopting the Web3 universe Ferrari is signed with Swiss Blockchain Company Velas Network will see the start-up issue exclusive digital collectibles and sponsor Ferrari's racing team. Read full story on  http://cryptounity.news/ferrari-is-looking-to-integrate-nfts-and-blockchain-technology .

Justin Bieber buys another Bored Ape NFT in 166 ETH

  Justin Bieber buys another Bored Ape NFT in 166 ETH   continues with his involvement in the field of NFTs. He bought another Bored Ape, this time for $470K worth of ETH. His choice of preference continues to be the Bored Ape Yacht Club collection. in the last week, we reported that he bought ape #3001 for a whopping 500 ETH, worth $1.3 million at that time. Now they purchased ape #3850 worth 166 ETH, approx $470K Read full story at  http://cryptounity.news/justin-bieber-buys-another-bored-ape-nft-in-166-eth

Cross-chain token bridge Wormhole loses $321M in largest hack of 2022

  The token bridge between Ethereum and Solana saw 120K WITH tokens removed from the platform and distributed between the hacker's Solana and ETH wallets. The Wormhole token bridge experienced security exploit today. The loss of 120,000 wETH tokens  Cross-chain token bridge Wormhole loses $321M in largest hack of 2022 A wormhole is a token bridge that allows users to exchange crypto between Ethereum, Solana, BSC, Polygon, AValanche, Oasis, and Terra without the use of a centralized exchange (CEX). This is the largest crypto hack of 2022 and the second largest DeFi hack to date. The wormhole team has offered a $10M bug bounty for the return of the funds. Read:  http://cryptounity.news/cross-chain-token-bridge-wormhole-loses-321m-in-largest-hack-of-2022

Indian tax department chief says Crypto tax doesn't legalize trading

  The   Indian tax department head said that crypto taxation   will help the department evaluate the exact depth of the digital asset market. The Indian tax department head said that crypto taxation will help the department evaluate the exact depth of the digital asset market.  The head of the  Central Board of Direct Taxes  (CBDT) in India said the 30% tax on crypto holdings doesn't necessarily make the crypto trade legal in India.  The finance minister of India Nirmala Sitharaman declared a 30% tax on crypto holdings during the budget session on Tuesday, triggering several headlines on the lines of "India legalizes crypto" CBDT chief J.B Mohapatra target to debunk these misconceptions.  Read:  http://cryptounity.news/indian-tax-department-chief-says-crypto-tax-doesnt-legalize-trading

Indian government imposes 30% crypto tax and introducing digital rupee CBDC by 2022-23

  Finance minister Nirmala Sitharaman's introduction of a CBDC will provide a "big boost" to India's digital economy. in a speech discussing the budget for 2022,  Indian government imposes 30% crypto tax and introducing digital rupee CBDC by 2022-23  Indian finance minister Nirmala Sitharaman stated the launch of a central bank digital currency (CBDC) by 2022-2023 aims to boost the country's economic growth. Sitharaman highlighted the requirement for digital inclusion across different business verticals while declaring the fund allocation set in the Union Budget. She added, that the introduction of a CBDC will provide a "big boost" to the digital economy. also highlighted the possibility of a more efficient and cheaper currency management system made by digital currencies. Read:  http://cryptounity.news/indian-government-imposes-30-crypto-tax-and-introducing-digital-rupee-cbdc-by-2022-23

Indian parliament's latest agenda includes training session for cryptocurrency

  The cryptographic money and Regulation of the authority Digital Currency Bill don't show up as one of the 15 bills the public authority will consider in the following meeting. Indian parliament's latest agenda includes training session for cryptocurrency The plan for India's lower place of parliament incorporates "a talk on getting cryptographic money" and its monetary effect. As indicated by Lok Sabha, the Parliamentary examination and preparing foundation for Democracies bunch inside the public authority has coordinated preparation for legislators in regards to crypto and its consequences for the Indian economy. The business schedule for the lower place of parliament is done adding a bill that might actually boycott crypto in India. Read full story on http://cryptounity.news/indian-parliaments-latest-agenda-includes-training-session-for-cryptocurrency

Justin Bieber buys NFT from Bored Ape Yacht Club collection for $1.3 Million

  Justin Bieber buys NFT from Bored Ape Yacht Club collection for $1.3 Million from the restrictive Bored Ape Yacht club and the glad proprietor of Ape #3001 that he purchased for 500ETH Justin Bieber is a well known VIP and perhaps the most celebrity. As of now, he additionally joined the popular Bored Ape Yacht Club. Justin Bieber purchased Ape #3001 for an incredible 500 ETH worth approx $1.3 million. Read full story at http://cryptounity.news/justin-bieber-buys-a-bored-ape-nft-for-13-million-500-eth