Indian crypto trade WazirX has evidently paid more than $6.62 million (49.2 crore rupoee0 following non-installment of Goods and Service Tax(GST) on trade commissions. The absolute recuperation incorporates the forthcoming duty of $5.43 million(40.5 crore rupees) the interest and a punishment for non-installment.

Government specialists from the Central GST and Central Excise committee(CGST) Mumbai zone recuperated the assets from the crypto trade in the wake of distinguishing a GST avoidance of $5.43 million on the commissions. A common GST misrepresentation incorporates making counterfeit solicitations without really moving the products between the merchant and the purchaser.

Read full story on http://cryptounity.news/indian-crypto-exchange-wazirx-paid-662m-for-evading-tax-on-commission

History of bobbleheads

Dating back 180 years, bobbleheads, then known as “bobbers” or “nodders”, were first referenced to similar toys in the 1842 short story “The Overcoat” by Nikolai Gogol. He references German toy-like figurines, 6-8” tall with spring-connected heads.

Making a dive into the collectible world in 1920, the New York Knicks basketball team released limited-edition novelty bobbleheads. Their popularity became notable throughout baseball and rock and roll pop culture. Hand-made and painted, collectible vintage editions such as the Beatles and Yankees memorabilia are being sold at collectible auctions upwards of $50-$100k a piece.

Bobbleheads Today

In the 1990s, bobbleheads made the transition from ceramic into plastic, making mass production of the figurine easier and more cost-effective.

Since then, these figurines have been a fun collectible and very popular amongst sports fans, with millions of them being handed out at sporting events.

Since then, the customizable bobblehead figurine market has thrived, making fun bobble characters resembling their real-life counterparts, including characteristics such as tattoos and even scars.

Bobbleheads of tomorrow — Introducing Bobbles

Bobbles are the newest collectible in the NFT (non-fungible-token) space. Reminiscent of classic bobbleheads, Bobbles create a new digital experience full of fun traits and mesmerizing animations.

Making their way to Dapper Lab’s Flow blockchain in Q2 of 2022. Bobbles will be minting 7777 full-bodied animated PFP (profile picture), randomly generated NFT.

“Bobble Day Ones: Mint now, reap Bobble founder benefits forever”

Those that are able to mint our limited edition PFP animated Bobbles will be deep-rooted founders in the Bobbleverse.

The Future of Bobbles isn’t in PFPs. Rather, this fundraising mint will build equity and value for Bobble investors and collectors while funding the development of the Bobbleverse.

Well, you’ll have to stay tuned to learn more about the Bobbles roadmap coming soon.

Bobble on…

BOING!

Token MetricsToken Symbol: $TPADTotal Max Supply: 18 ,000 ,750MInitial Market Cap: ~$400K USD$COSPAD — CosmoLaunchpad native tokenThe $COSPAD native token is key to get priority-access to token sales pools hosted on the Trusted platform.

$COSPAD will play a Community Governance role too in the future — more about this in our Roadmap coming soon.

Stay tuned for more exciting newsWe appreciate everyone’s patience. There is a lot of interest around the project so we are working hard to build a great team of partners who will help CosmoLaunchpad make DeFi a safer place.Thank you all for the support until now!

In this article, we will cover the following:

Let’s dive in!

Connext was started in 2017 with the following thesis: “Decentralized protocols have the power to put value and ownership back into the hands of individuals. This can only happen if using them is simple enough that they are accessible by anyone.” In 2018, the team at Connext felt that UX was the most significant barrier to the adoption of L2s, so they focused intensely on user experience. Over the years, Connext has built a large community of supporters and stakeholders as they have increased the adoption of Ethereum’s ecosystem through their network of liquidity pools and their increasingly impressive UX.

Launched in January 2021, Connext is an interoperability protocol that allows users to send fast, fully non-custodial transfers or contract calldata between Ethereum Virtual Machine (EVM) -compatible chains and/or rollups.

It enables users to transfer capital or calldata using its NXTP protocol. NXTP is a trustless, low-cost, and easily extensible base protocol launched in September 2021 with a vision to become the Internet Protocol (IP) of the Ethereum multi-chain ecosystem. According to the team, NXTP has the following distinct advantages over other systems:

Given its features, Connext has two types of users:

The Connext network uses NXTP for cross-chain transfers. The NXTP protocol is a smart contract that utilizes a lock/unlock mechanism. This contract has three phases.

Here is a visual representation of the transaction life cycle:

1. Route Auction — In the first phase, the user broadcasts to the network and signals their desired route to execute the transaction. The routers in the network respond to this broadcast with sealed bids that contain time and price range commitments to fulfill the user’s transaction.

2. Prepare — As the router’s bid is accepted, the auction is completed, and the transaction can be prepared. The user must submit a transaction containing the router’s signed bid to the Transaction Manager contract on the sender-side chain. Doing so will lock the user’s funds on the sending chain.

3. Once the router detects an event containing the signed bid from the chain, it submits the same transaction to the Transaction Manager on the receiver-side chain, thus locking up the required amount of liquidity. Here, the required amount is the sending amount minus the auction fee given to the Router as a reward for completing the transaction.

4. Fulfill — After detecting that the transaction has been prepared on the receiver-side chain, the user must sign a message and send it to a relayer. Typically, the relayer is another Router that earns a fee for this submission. The role of the relayer is to submit the message received from the user to the Transaction Manager, completing the transaction on the receiver-side chain. By doing so, the relayer unlocks the Router’s locked funds and claims them.

5. Here, a relayer allows users to submit transactions containing arbitrary calldata without worrying about paying gas fees to do so on the receiving chain. After receiving the signed message, the Router submits it and completes the transaction on the sender-side chain, thus unlocking the original amount.

6. The Connext infrastructure consists of the following pieces:

7. Here’s a visual representation of Connext’s architecture:

8. Based on the factors mentioned below, we can evaluate Connext’s architecture and design as follows:

9. To validate cross-chain transactions, Connext uses a pool of liquidity networks backed by routers. This offers the following benefits:

10. Connext adopts the same core security model as the one used by other locking systems such as Hashed Timelock Contracts (HTLCs). This type of security model offers the following benefits:

11. The Connext system uses routers to provide liquidity and relay calldata between chains to execute swaps. The routers earn a fee for each transaction that they facilitate.

12. Interacting with Connext Bridge has the following risks:

13. Given its extensible nature, Connext is very easy to support on any chain. However, the process of integrating with Connext differs based on whether or not the chain is EVM-compatible.

14. It is important to note that users will only connect to Connext-supported chains that have liquidity provided to them from routers.

15. According to Connext Documentation, currently supported chains include the following:

16. From the chains mentioned above, Li.Finance’s infrastructure supports Ethereum, Fantom, xDai, Polygon, Binance Smart Chain, and Arbitrum.

17. Led by co-founders Arjun Bhuptani, Rahul Sethuram, and Layne Haber, the team at Connext was one of the first teams to work on L2 research. Their goal has always been to improve the user experience of Ethereum and the broader Web3 ecosystem. The team believes that decentralized networks will transform Finance and give value back to the users.

18. You can stay updated with Connext and its community through the following:

19. To facilitate the development of the multi-chain ecosystem, the Connext team is also accepting ‘Requests For Proposals.’ The team is looking for developers and applications that want to build things through Connext and foster the development of the ecosystem. If you’re interested, you can check out the bounties here.

20. At Li.Fi, we believe Connext offers one of the best bridges in the ecosystem. This is because of the following reasons:

21. Given the above reasons, Connext was the first bridge that we integrated on Li.Finance. We believe the vision and values of both teams are aligned towards creating a sustainable solution for the multi-chain future. Together, we look forward to enabling the seamless cross-chain flow of value and data.

22. Enjoyed reading our research? To learn more about us,

23. or try our any-2-any swaps NOW at li.finance

24. 
    

While Satoshi Nakamoto, the pseudonym used for bitcoin’s creator or creators, issued the whitepaper on October 28, 2008, many believe the cryptocurrency’s mint date of January 3, 2009, is the cryptocurrency’s birthday.

“Bitcoin has been the basic pillar underpinning the rise of cryptocurrencies and blockchain around the world,” according to Edul Patel, CEO and Co-founder of Mudrex.

Satoshi Nakamoto’s birthday is January 3 since it was on this day that he published the first block, which is now known as the Genesis Block. The first blog contains the initial 50 Bitcoins.

“Unlike any of the 500,000 blocks that followed, Nakamoto included a message in the block’s code,” said Raj A Kapoor, Founder of India Blockchain Alliance. “The very first transaction took place in May of 2009.”

“Satoshi never explicitly explained the significance of the statement,” he continued, “but many have interpreted it as a reference to why Nakamoto created Bitcoin: to eliminate banks and middlemen and assure transparency.”

Bitcoin’s 13-year journey has been a roller coaster ride. Throughout the process, the digital asset has gained a large number of ardent supporters as well as a number of powerful skeptics and critics.

Investors have been putting their faith in the league of cryptocurrencies because of Bitcoin’s legacy and comparatively long history.

Morgan Stanley became the first A-list US bank to offer access to Bitcoin funds after wealthy clients ‘demanded’ exposure. The investment firm introduced three funds that allow bitcoin ownership.

El Salvador, a Latin American country, became the first to accept Bitcoin as legal tender in 2021. El Salvador’s law permits Bitcoin to be used to pay for products and taxes. Capital gains tax will not apply to exchanges.

In October 2021, the ProShares futures-based bitcoin ETF ‘BITO’ had its market debut on the New York Stock Exchange under the symbol ‘BITO.’

Bitcoin became the first crypto asset to reach a market capitalization of $1 trillion in February 2021, thanks to increased interest from institutional and retail investors.

Elon Musk, the world’s richest man, and his firm Tesla, along with Square and MicroStrategy, have all backed Bitcoin.

It’s nearly impossible to assess Bitcoin’s returns since its beginning because it started with a price of zero. Its price rose to $0.09 in July 2010 and peaked at $68,790 in November 2021.

Bitcoin is a perfect example of a rags-to-riches narrative, with an incredible return of 7,64,33,233 from its lows to all-time highs. In November 2021, a Rs 1,000 investment would have grown to Rs 76.43 crore.

Bitcoin has died and been born thousands of times in the previous 13 years, according to Hitesh Malviya, founder of itsblockchain, and is still thriving for its existence.

“We’ve witnessed a tremendous shift in the type of bitcoin investors in the last two years,” he continued. “At this moment, institutional investors are more interested than retail investors due to the lower expected future ROI, while retail investors have lots of other options in the market.”

Even now, the crypto behemoth has generated a return of more over 5,12,00,000 percent in 2021. On Tuesday, the worth of Rs 1,000 would have been more than Rs 51.2 crore.

The entire supply of Bitcoin has been set at 21 million, which means that no more than 21 million Bitcoins will ever be mined. However, Bitcoin’s total supply is 18,919,318 units, or 90% of the total theoretical supply.

The first 90% was mined in 12 years, but the remaining 10% isn’t scheduled to be extracted until February 2140. Miners can continue to earn Bitcoins till then.

The creator of Bitcoin, according to Praveen Kumar, founder and CEO of Belfrics Group, will be pleased to see the asset develop to a massive market capitalization.

Despite the fact that Bitcoin did not destroy banking systems as its founder had hoped, he noted, it has firmly established itself as the asset of the century.

According to data from cryptocurrency analytics site BitInfoCharts, the Bitcoin hash rate reached an all-time high of 203.5 exahashes per second. When evaluating the strength of a blockchain, hashrate is an important measure to consider.

Based on the number of active miners, the hash rate correlates to the network’s strength. The total amount of computer power needed by miners to create new Bitcoins is represented by this number.

However, as China barred citizens and enterprises from participating in crypto mining and trading, the hashrate dropped temporarily. China’s complete prohibition on cryptocurrency has resulted in a sudden scarcity of miners.

It has evolved from a speculative asset to a safe haven asset. Bitcoin has come a long way, according to Mudrex’s Patel, from being swapped for a box of pizza to being used to grant citizenship to a country.

We compiled birthday wishes from industry players to commemorate the Bitcoin network’s 13th anniversary. Bitcoin (BTC) has officially entered its adolescent years, with a hash rate all-time high, and industry experts weigh in on its future.

Rich Rosenblum, founder of GSR Markets:

“It’s fitting that Bitcoin is having its bar mitzvah today.” Its first full year with an ETF, as well as widespread participation and adoption, will be 2022. “Congratulations!”

Marc Yaklofsky, head of communications and public relations at Genesis Global Trading:

“There is an old Japanese proverb that says, ‘Beginning is easy, continuing is difficult.’ The journey to change the world has only just begun.” Bitcoin, keep going! ”

Ian Kane, co-founder and CEO of Unbanked:

“Its development transcended time zones, borders, and governments — and financially empowered millions of people all over the world.” It is a testament to human ingenuity and the fact that one person (or group of people) anywhere in the world can create something with a far-reaching impact. As everyone moves toward a Bitcoin standard, the next 13 years will be even more influential than the last.”

Laura Vidiella, business development strategist and former vice president of institutional sales at Paradigm:

“In 2022, the BTC ecosystem will continue to see increased growth in terms of products and capital.” With the increased availability of derivatives and structured products, traditional entities are deploying more capital by investing in yield-generating strategies with which they are familiar.”

Hassan Bassiri, vice president of portfolio management at Arca Funds:

“BTC is the gateway drug that showed everyone how valuable digital assets can truly be.” We can expect more entrants, research, and opportunities with other currencies and blockchains as the BTC ecosystem grows and becomes a more productive asset in terms of lend/borrow and yield.”

Beimnet Abebe, vice president of principal trading at Galaxy Digital:

“Bitcoin was released 13 years ago. Although it was created with little fanfare, attracting only a few esoteric coders’ attention, its release would prove monumental, allowing anyone, anywhere in the world, to access digitally scarce money for the first time and opening the door to protocols that would go on to power the next iteration of the web.”

Meanwhile, El Salvador’s president, Nayib Bukele, a Bitcoin supporter, predicts that BTC will surpass $100,000 this year.

Central bank policy is playing a crucial part in the debate regarding the prospects for tokens in 2022, after a hawkish move by the Federal Reserve knocked some steam out of cryptocurrencies at year’s conclusion while largely sparing other risk assets.

To what extent will the Fed under Jerome Powell tighten policy to combat inflation? According to some observers, the answer to that issue will help determine whether Bitcoin will follow up its 60% rise in 2021 with another strong year.

Another school of thought contends that if corporations such as Meta Platforms Inc. (previously Facebook) and Apple Inc. push deeper into the metaverse and consumers continue to invest in non-fungible tokens, crypto will rise regardless of macroeconomic forces. Consider the $69.3 million sale of an NFT painting at Christie’s last year, or the loosely organised group of crypto investors that battled billionaire Ken Griffin at an auction for a copy of the United States Constitution.

As of 9:52 a.m. in Hong Kong on Tuesday, bitcoin was trading at roughly $46,100, up around 0.2 percent on the day. In this article, four market watchers outline their predictions for the token and the broader crypto ecosystem in 2022:

Katie Stockton, founder and managing partner of Fairlead Strategies LLC, said in an email,

“Based on our long-term trend-following gauges, we are bullish on Bitcoin in the long term. We anticipate that the long-term uptrend will continue, and that a more decisive breakout to new highs would allow for an impressive measured-move projection of around $90,000. For the time being, a corrective phase is in place, though there are signs of short-term downside exhaustion.”

Antoni Trenchev, managing partner of crypto lender Nexo, said in an email,

“Central bank policy will be the most influential factor for Bitcoin and cryptocurrencies in 2022.” Cheap money is here to stay, which has huge implications for crypto,” because “the Fed lacks the stomach or backbone to withstand a 10%-20% drop in the stock market, as well as an adverse reaction in the bond market.”

Trenchev expects a bumpy ride in 2022, but believes Bitcoin will hit $100,000 by the end of June. He also expects tokens like Solana and Avalanche to face the same scaling challenges that Ethereum and other older protocols did in 2021, rather than “these upstarts — awash with arrogance, attitude, and funky narratives — to face the same scaling challenges that Ethereum and other older protocols faced.”

He wrote,

“The metaverse is what I’m most excited about in 2022.” The ‘birth’ and application of the term metaverse is a beautiful mess with a lot of potential. It will be one of the year’s overarching themes: the metaverse, infrastructure development, and then the NFTs that will make up a portion of the economy there.”

Jeffrey Halley, senior market analyst at Oanda Asia Pacific, in an email, said,

“Although I expect speculative zeal in the crypto space to continue, it, like bloated technology valuations, will face a much more challenging environment in 2022.” The primary reason is the Federal Reserve’s start of interest-rate normalization, but other major central banks are likely to follow suit. That will call into question crypto’s raison d’être as an alternative to fiat money.”

Halley said,

“The threat of more regulation hangs over the crypto space, and frankly, with a new coin coming out every week that is ‘the next big thing’ and driven by speculation rather than blockchain, I’m struggling to see how any of them will be.” I continue to believe that cryptocurrencies are the most egregious example of financial-market groupthink in history. The music may continue to play for the rest of 2022, but the emperor still isn’t dressed.”

Philip Gradwell, chief economist at Chainalysis, in an email, said,

“The race to become the crypto app store is on.” Consumers love platforms, which was a major takeaway from Web 2.0, and I don’t think that will change for Web 3.0. There is currently no cryptocurrency platform that owns the customer relationship and aggregates suppliers. I predict that many companies will race to build this platform by 2022, with Coinbase leading the way because it integrates DeFi and NFTs.”

At the time of writing, BTC was trading at $46,600, down from $47,000 at the start of the year. You can’t deny that the asset has come a long way in terms of acceptance and security, whether you’re bullish or bearish on it.

UniFarm is a one-of-a-kind staking solution where the best projects in DeFi space come together to provide value to investors. UniFarm allows you to stake one token but earn multiple high-value tokens, so in addition to a great APY, your returns are automatically diversified as well.

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Today 1 doge coin = 50inr around 0.65 dollar.

So Guys be ready to mine doge coins and it’s super easy.

First of all, if you are a beginner and you don’t know what is dogecoin and what is cryptocurrency and mining, then I tell you in a super simple way.

When you want to send a payment to someone.

For example, if you buy something online, and you want to bill through your credit card, the payment will go through a third-party service like the government, the bank accounts, and so on.

Now what happens is that in 2008 Satoshi Nakamoto invented something called the blockchain. This blockchain allows you to do peer-to-peer transactions and peer-to-peer connections, so without any third parties, you can send money directly from one person to another person. But this money is not in dollars or euros because dollars, euros are managed by the government, banks and countries, etc. so you need something, you need a currency that works on a blockchain, Here it comes a cryptocurrency.

The cryptocurrency is simply the currency that works on the blockchain network, where you can send money directly without the use of any third parties.

Mining: we put gold, we put power electricity or resources so we can get and earn more cryptos.

How this happens is simply a process called mining.

Mining is simply solving the crypto hash.

Now how to earn a cryptocurrency. Or mine crypto.

When we are mine, we put resources like CPU, GPU, electricity, and we are solving some hashing equations, so we can earn and get rewarded with cryptocurrencies.

So in a simple way, We Mine = we earn cryptocurrencies.

We have bitcoins, Etheriums, doge coins, and a lot of coins for mining.

But here I will show you how to mine dogecoin.

So without wasting time we start mining.

Step 1 :

open your browser and go to this website:

unmineable.com

The second thing we are going to do is simply go to the Download section

and then go down and you can see these two buttons, don’t press on them.

Right-click and left button and then press on Save link as and then save this link where you want to save and download the application for the miner.

After you download the miner, just open the application.

Special note: All the miners are protected with antiviruses so you have to turn off your antivirus to run the application. No problem it’s totally safe.

After opening the application, the miner asks you for GPU and CPU.

If you have GPU then select GPU.

I have a CPU so I will go with the CPU.

Then click on next.

And now enter the token, select your coin which you wanna mine.

In my case, I would select the dogecoin.

And the second thing, you have to enter your address.

What is the Address, simply like your wallet, Where you will get your coins/money?

So now how to get your address, you need to create a dogecoin wallet.

Step 2:

Install and create a dogecoin wallet.

Agin go to your browser and open a new tab,

And enter this link: https://dogecoin.com

Open this website then go to the get started now section.

Then click on the wallet section.

And choose the wallet.

See there are two types of wallets.

Don’t confuse, click choose dogecoin core(select your version of the window)

Download it and install it.

After installing the application open it.

Go to the file — much-receiving addresses.

Here you see, this is your address. Copy this address.

And go again to the Miner application.

And paste this address to the address section.

Then press on start.

And the miner will start the mining doge coins.

You can see it I got 0.06345476 from yesterday’s experiment.

There are many people who are thinking about how to sell these collected coins.

So there are two websites for selling coins directly.

First website: https://anycoindirect.eu

And the second website is: https://www.kraken.com

Here also you have to create an account and verify the account and then start selling your coins.

So guys try it on your pc and earn a couple of coins per day or per week.

I hope this article is helpful for you.

Thank you

good luck.