This week on Crypto Weekly with Kavita Gupta, we bring to you the latest from the world of crypto and blockchain. On the Global News front, Wormhole Bridge loses $323 million to an exploit, Bitfinex’s stolen Bitcoin move after almost 6 years, El Salvador turns down IMF’s plea to abandon Bitcoin as legal tender, and Thailand rolls back plans to tax crypto gains.
Moving on to news from India, Finance Minister Nirmala Sitharaman has announced as she tabled Budget 2022 in the Parliament that profits from the cryptocurrency will be taxed at 30%, and plans are to push out CBDC by 2022-23.
Moving on to the world of NFTs, American singer and songwriter John Legend has launched a new music and art NFT platform. An Indian couple from Pune certifies their marriage on Ethereum smart contract with NFT.
For more details, watch the episode.