Cryptocurrency markets entered a notable correction on April 5, with the total market cap drooping to less than $2 trillion with the outflows of funds after the total market cap had peaked above $2.15 trillion 48 hours ago.
Loom Network, Ethereum tabanlı uygulamalar için yan zincir geliştirmeyi sağlayan bir Hizmet Olarak Platform (PaaS) blok zinciri çözümüdür. Loom believes that decentralized applications (dApps) have their own unique requirements when it comes to consensus methods and security measures, so they should be able to create and enforce their own rules to achieve faster and easier scaling.
Thailand has decided to ban payments with crypto assets from April. In a statement made by the Thailand Securities and Exchange Commission, as of April 1, rules that prohibit the use of crypto assets for the purchase of goods and services in the country were published.
The Indian government had decided in February the tax rates to be charged on cryptocurrencies and NFTs. The bill, which was decided in February, enters into force as of April 1, 2022. India will levy a 30% tax on people earning from products such as cryptocurrencies and NFTs.
In Australia, a consumer rights watchdog has sued its parent company Meta, citing fraudulent ads posted on Facebook.
The Australian watchdog has filed a lawsuit against the parent company of the social media platform, Meta, for ads posted on Facebook in a cryptocurrency scam attempt that totaled A$100 million from citizens of the country in 2021.