| Date | Title | Description |
| 30.10.2024 | CoinDCX Unveils Feature For Users To Access Control Over Crypto Assets | SUMMARY
CoinDCX users now have the option to hold their assets directly on the blockchain eliminating any risk of exposure
In the centralised custody of assets, the service provider holds the entire custody to the users’ holdings
It came at... |
| 05.10.2024 | WazirX Takes Down Video Promising Crypto Users Of Full Profits | SUMMARY
WazirX has taken down a recent YouTube video where the management claimed to share 100% profits from any crypto price appreciation in future with users
In the video accessed by The Crypto Times, George Gwee, director of Kroll, the l... |
| 03.10.2024 | Global rice price declines to its lowest since 2008 as India eases export restrictions | The global price of rice has dropped to its lowest level in 16 years, reaching figures last seen in 2008, according to data from the Thai Rice Exporters Association.
This decline follows India’s recent decision to relax some of its export r... |
| 26.09.2024 | WazirX granted a four-month moratorium by Singapore court to resolve aftermath of $230 million hack | In a relief to WazirX, a Singapore court has granted the Indian crypto exchange a four-month moratorium, giving time to the company to resolve the aftermath of a major hack that led to the loss of over $230 million.
“The court noted that fr... |
| 11.09.2024 | Indonesian crypto exchange Indodax loses $22 million to hackers | Indodax a leading crypto exchange in Indonesia has lost $22 million in a recent hack with the hackers making away with crypto assets from the hot wallets on the platform.
Crypto exchange Indodax formerly known as Bitcoin Indonesia has joine... |
| 06.09.2024 | Shortage of Cybersecurity Professionals In India; Threat to Financial Institutions In May 2023, nearly 40,000 cybersecurity professional job vacancies in India were not filled due to talent shortages | Gone are the days of bank heists involving armed robbers; today cyber criminals have taken their places. These cyber heists left several banks and financial institutions devastated in seconds. A month ago, a massive ransomware attack hit C-... |
| 03.09.2024 | WazirX Crypto Heist: Hacker Moves $6.5 Mn Worth Ether To Tornado Cash | SUMMARY
According to blockchain security firm PeckShield, about 2,600.1 ether (ETH), worth around $6.5 Mn, were moved in 26 transactions from a wallet tied to the WazirX breach in July
The transactions commenced on Tuesday (September 2) — t... |
| 02.09.2024 | First Mover Americas: Bitcoin Sits Around $58.5K at Start of Historically Bearish September | This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.
Latest Prices
CoinDesk 20 Index: 1,843.91 +0.88%
Bitcoin (BTC)... |
| 31.08.2024 | CoinSwitch To File Lawsuit Against WazirX To Recover Stuck Funds | SUMMARY
CoinSwitch said that it will be initiating a legal action against the crypto exchange to recover 2% of its trapped funds
The company cumulatively held INR 12.4 Cr and INR 28.7 Cr in ERC20 tokens, and INR 39.9 Cr in other tokens on W... |
| 29.08.2024 | Indian Court Orders Scam Websites Using Crypto Exchange Mudrex's Name to Be Taken Down | An Indian court has ordered the takedown of websites using Mudrex's brand to scam people.
The Ministry of Communications was given a week to comply with the order.
Cryptocurrency exchange Mudrex won a court order asking India's Ministry of ... |
| 20.08.2024 | Can Self-Custody Wallets Be a Defense Against Crypto Hacks? A non-custodial wallet means you are responsible for storing and managing your private keys, rather than third parties. Self-custody elimina... | On July 18, what seemed like a mundane Thursday quickly spiralled into a frenzy for the cryptocurrency ecosystem and India when the report of a USD 230 million (INR roughly 1,900 crores) crypto hack came to light. That's seven zeros after 2... |
| 14.08.2024 | A Month After $230 Mn Crypto Heist, WazirX Dumps Wallet Infra Provider Liminal | SUMMARY
WazirX said it is in the process of migrating its remaining assets held with Liminal to new multisig wallets
The crypto exchange claimed that while its systems remain uncompromised, the same cannot be said for the custodian's interf... |
| 13.08.2024 | Binance: A Beacon in the Stormy Seas of Cryptocurrency | In the ever-shifting landscape of cryptocurrency, Binance stands tall like a lighthouse guiding traders through turbulent waters. Recent reports reveal a remarkable net inflow of $1.2 billion in just 24 hours. This surge marks one of the hi... |
| 09.08.2024 | Binance Recovers Over $73M in Stolen Funds; Surpasses $55M Secured in 2023 This comes when the Indian ecosystem grapples with the loss of USD 230M from WazirX's multi-sig account. Attempts are being m... | Binance, on Thursday, shared that its security team has recovered or otherwise frozen over USD 73 million in user funds from external hacks as of July 31, 2024.
"Blockchain technology offers us a powerful tool in gathering essential ev... |
| 08.08.2024 | WazirX reverses all trade after $235 million crypto hack | WazirX announced that all trade which took place on their platform after the cyber attack of July 18 have been made ineffective.
In a blogpost on Thursday the crypto exchange noted that they will begin undoing all trades on the platform aft... |
| 07.08.2024 | CoinDCX Launches Crypto Investors Protection Fund The decision to create the fund comes after fellow competitor WazirX lost USD 230M amid a cyberattack. The move solidifies CoinDCX's commitment to the... | Indian cryptocurrency exchange CoinDCX announced the launch of its Crypto Investors Protection Fund (CIPF) worth INR 50 crore. The fund is created to compensate users for losses incurred in extremely rare scenarios like security breaches or... |
| 07.08.2024 | Petition Filed In NCLT For Investigation Into $230 Mn Crypto Heist At WazirX | SUMMARY
The petition, filed by a legal trainee, has listed WazirX's parent Zanmai Labs, its infrastructure partner Liminal, the exchange’s founders Sameer Mhatre and Nischal Shetty among respondents
The Ministry of Home Affairs, the Ministr... |
| 03.08.2024 | Crypto Heist: WazirX Makes U-Turn On Socialised Loss Strategy After Backlash | SUMMARY
WazirX has now “decided to go slow” on its socialised loss strategy after “blowback” from customers
WazirX has been facing flak from the crypto community over its handling of the recent $230 Mn hack
The exchange’s 55-45 approach, in... |
| 01.08.2024 | (Не) безопасный дайджест: Угон Pepe и Shib коинов, Disney под атакой, а также слив данных миллионов американцев | Пролетел второй месяц лета, и мы надеемся, что вы хорошо отдохнули или уже собираетесь в отпуск. Чтобы скрасить рабочие будни, делимся подборкой сочных летних ИБ-инцидентов. Сегодня в рубрике: продолжение драмы со Snowflake, недопонимание с... |
| 30.07.2024 | Crypto Heist: Here’s Why WazirX’s Socialised Loss Strategy Is Drawing Controversy | SUMMARY
CoinDCX cofounder and CEO Sumit Gupta said that WazirX’s handling of the issue of stolen crypto assets would hurt the entire crypto ecosystem
Gupta’s main grouse is with WazirX’s plan to make its customers absorb 45% of the losses, ... |
| 29.07.2024 | Crypto Heist: WazirX Seeks Help From Binance To Bail Out Customers | SUMMARY
Binance controls a surplus of WazirX's revenue and its crypto token WRX, as per a report
It is pertinent to note that WazirX is involved in a legal battle with Binance. The talks between the two crypto companies are in early stages ... |
| 26.07.2024 | The FCC and Crypto: A Tale of Two Futures**
** | ** The political landscape is shifting. The Federal Communications Commission (FCC) and the cryptocurrency sector are at a crossroads. Each faces a future shaped by new leadership and changing ideologies. As the 2024 election approaches, th... |
| 26.07.2024 | NCB Records 92 Drug Trafficking Cases Involving Cryptocurrency in 5 Years: MHA Nityanand Rai, Minister of State for Home Affairs of India said that a special task force has been constituted to monitor... | The Narcotics Control Bureau (NCB) has registered 92 cases related to the use of darknet and cryptocurrency in drug trafficking in the last five years, Nityanand Rai, Minister of State for Home Affairs of India said.
Replying to a written q... |
| 26.07.2024 | WazirX’s Crypto Heist: Probe Finds Attack Originated From Liminal’s Infrastructure | SUMMARY
After experiencing a security breach on July 18, the cryptocurrency exchange has launched a preliminary investigation in connection with the cyber attack
According to its preliminary findings, the attack likely originated from Limin... |
| 25.07.2024 | The Ripple Effect of Ryan Selkis' Departure from Messari**
** | ** In the fast-paced world of cryptocurrency, where fortunes can shift with a single tweet, the recent resignation of Ryan Selkis as CEO of Messari has sent shockwaves through the industry. Selkis, a prominent figure in the crypto landscape... |
| 25.07.2024 | The WazirX Heist: A Wake-Up Call for Crypto Security**
** | ** In the world of cryptocurrency, trust is as fragile as glass. The recent heist at WazirX, one of India’s largest crypto exchanges, shattered that trust. Over $230 million vanished into the digital ether, leaving a trail of questions and ... |
| 25.07.2024 | WazirX’s $230-mn hack will stall the crypto industry’s progress with regulators | WazirX’s recent security breach that led to assets worth $230 million getting stolen has already started having a ripple effect on other Indian crypto platforms, and will likely stall the ongoing talks the industry has been having with regu... |
| 24.07.2024 | What Does Kamala Harris' (Presumptive) Nomination Mean for Crypto This Election?
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Stories you may have missed
This week
Elsewhere: | Vice President Kamala Harris is now the presumptive Democratic Party nominee for President of the United States, after President Joe Biden abruptly announced he was withdrawing from the race. With her ascent to the top of the party ticket c... |
| 22.07.2024 | WazirX Announces a $23M Bounty To Recover Siphoned Assets The crypto startup is seeking help from white hat hackers, blockchain forensics experts, and cybersecurity professionals to recover the assets... | After a few days of assets worth USD 230 million being stolen from a multisig wallet of WazirX, the crypto player has announced a bounty program to recover the stolen funds.
Initially, the bounty stood at USD 11.5 million, but is now raised... |
| 19.07.2024 | Over $230 Million Worth of Crypto Hacked: What Message Is It Sending? With the siphoning of USD 234.9 million in crypto, what's next for the industry, its users, and government? | On Thursday, cryptocurrency player, WazirX, confirmed a security breach in one of our multi-signature wallets. While the startup mentions the hacked amount being over USD 230 million, blockchain security firm Cyvers said the siphoned amount... |
| 19.07.2024 | Nag-quit si Ryan Selkis bilang CEO ng Messari Kasunod ng Mga Nagpapaalab na Tweet
Tokens on WazirX Trade at Discount; Italy's Top Banks Complete Digital Bond Issuance on Polygon | Bumaba si Ryan Selkis bilang CEO ng Messari, ang Crypto data at research firm na kanyang itinatag, kasunod ng serye ng mga nagpapasiklab na tweet tungkol sa pulitika, digmaang sibil at ang kanyang pagnanais na mapatalsik mula sa bansa ang i... |
| 19.07.2024 | Crypto exchange WazirX hit by cyber attack, $230 Mn stolen | WazirX on late Thursday confirmed that the cryptocurrency exchange suffered a cyber attack in one of its multisig wallets leading to a loss of funds exceeding $230 million.
According to the company’s preliminary investigation, the wallet wa... |
| 18.07.2024 | WazirX Hack Sends SHIB, WRX Tumbling as Bitcoin, Tether Trade at Massive Discount | WazirX's native token WRX slumped 15% in dollar terms.
SHIB has lost 6% since the attacker drained $100 million worth of the token from the Indian exchange.
Most coins, including market leader bitcoin and tether, are trading at a significan... |
| 18.07.2024 | Хакеры украли $235 млн у крупнейшей индийской криптобиржи WazirX | ИБ-компания Cyvers сообщила о взломе крупнейшей криптобиржи в Индии WazirX. Хакеры украли с площадки почти $235 млн. Биржа подтвердила инцидент и объявила о временном прекращении вывода средств.
По данным экспертов, злоумышленники похитили ... |
| 18.07.2024 | After 'Civil War' and Anti-Immigrant Tweets, Ryan Selkis Told to Cool It by His Crypto Startup's Leadership
Could the Upcoming Bitcoin Conference Move Markets? | Ryan Selkis, founder and CEO of crypto data platform Messari, rarely if ever holds back on social media, regularly lobbing insults via X (formerly Twitter) at Gary Gensler's Securities and Exchange Commission and others.
Still, his tirades ... |
| 04.07.2024 | Venom Expands into India with Dual Listings on WazirX and CoinDCX | Get the latest Bitcoin News on The Bitcoin News
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| 13.05.2024 | India's clandestine love affair with crypto | - |
| 30.04.2024 | ED seizes funds worth Rs 90 crore kept in Binance, ZebPay, WazirX wallets | - |
| 09.02.2023 | WazirX To Seek Legal Recourse In Ongoing Row With Binance | We are taking the necessary steps to seek recourse and protect our legal rights: WazirX on Binance row
The move comes after Binance terminated wallet service for WazirX, telling it to withdraw all of its funds
The controversy dates back to ... |
| 12.01.2023 | WazirX Publishes Proof Of Reserves To Restore Trust In Ailing Crypto Ecosystem | The company did not reveal the size of its liabilities but said that its reserves-to-liabilities ratio remained ‘more than 1:1’
The majority of user assets with WazirX are parked with Binance-based wallets, with Shiba Inu token accounting f... |
| 11.01.2023 | Shiba Inu (SHIB) Now Largest Crypto Holding on Indian Crypto Exchange WazirX | Indian crypto exchange WazirX has released its Proof of Reserves (POR), showing a reserves-to-liability ratio of over 1:1. In a blog post, it made known its wallet addresses, list of exchanges and an independent Proof of Reserves report.
(2... |
| 08.12.2022 | Nearly 3,300 Crypto Accounts Under Scanner For Involvement In Illegal Activities | The Financial Intelligence Unit tracked about 3,300 crypto accounts associated with illicit activities from April-November 2022
These crypto accounts were linked to drug trafficking, money laundering, child pornography and wildlife smugglin... |
| 28.11.2022 | WazirX Received 764 Queries From Indian Law Enforcement Agencies In H1 FY23 | Overall, the crypto exchange received 828 requests from law enforcement agencies during April-September 2022
Of all the queries received, 64 requests were from forreign LEAs such as United States Federal Bureau of Investigation (FBI), and I... |
| 18.10.2022 | WazirX co-founder’s blockchain startup valued at nearly $200 mn
Anuj Suvarna | WazirX co-founder’s blockchain startup valued at nearly $200 mn 2 min read . Updated: 18 Oct 2022, 06:31 PM IST Anuj Suvarna
Premium Shardeum is a proof-of-stake smart contract platform that aims to offer improved scaling capabilities when ... |
| 12.09.2022 | ED unfroze our accounts, WazirX says; banking ops to resume | The Enforcement Directorate unfroze the bank accounts of cryptocurrency exchange WazirX, the firm announced in an update on its website. “Due to the active cooperation extended by WazirX and active Anti-money laundering (AML) checks that le... |
| 07.09.2022 | WazirX in association with CREBACO and IntoTheBlock launches Coin Reports to help users research tokens before investing | The Coin Reports were launched by WazirX in association with CREBACO and IntoTheBlock.
Coin Reports contain information on various coins listed on the platform, which can be used to gauge the health of a project.
The platform has reports of... |
| 23.08.2022 | WazirX co-founder raising up to $20 mn for new blockchain venture: Report | Crypto exchange WazirX's co-founder Nischal Shetty is raising $17-$20 million for his new Blockchain-based venture called Shardeum.
According to sources, the funding will take the valuation of Shardeum, which Shetty is building with his US-... |
| 23.08.2022 | Indian crypto entrepreneur’s blockchain venture seeks seed funding at $200 million valuation | Indian crypto exchange WazirX‘s co-founder Nischal Shetty is in advanced stages of talks to raise a maiden funding round for his new venture, sources familiar with the matter told TechCrunch.
Shetty is raising $20 million to $30 million in ... |
| 08.08.2022 | Binance, WazirX butt heads amid money laundering probe | CryptoNewsStartups
Thao Lam La · 8 Aug 2022 · 2 min readBinance, WazirX butt heads amid money laundering probe
Binance is distancing itself from its subsidiary exchange WazirX after the latter’s assets were frozen by Indian authorities last... |
| 08.06.2022 | ED Probe & Ownership Dispute May Lead To WazirX’s Suspension | After Binace CEO’s denial of the acquisition of WazirX, experts believe that government will most likely step in
The latest developments could lead to the suspension of WazirX’s services in India, the experts said
On Friday, the ED froze th... |
| 20.05.2022 | South Korea’s new crypto bill is likely to impose stricter controls on exchanges | Advertisement
The DABA has been in the works for a while, but a leaked report sheds light on what regulations are coming.
South Korea’s new President has also promised to regulate the crypto industry fast.
The DABA is expected to come into ... |
| 19.05.2022 | After Luna, Shiba Inu may be the next memecoin to go bust, according to experts | Shiba Inu and other meme-based cryptos have always been questioned for authenticity.
Shiba’s price is expected to fall to nearly zero by 2030, but big drops should begin soon, experts said.
The price of Shiba Inu is expected to drop to $0.0... |
| 18.05.2022 | WazirX receives 1023 requests for data from law enforcement in October-March 2022 | WazirX receives almost three times more requests for data from law enforcement in October-March 2022 vs the previous period of April-Oct 2021
WazirX is among the largest crypto exchanges in India in terms of trading volumes
All the requests... |
| 09.05.2022 | India may expand taxes on crypto beyond IT and TDS – government reportedly mulling 28% GST | The crypto industry has already been buckling under income tax and TDS.
Trading volumes in India fell in April, right after the current set of taxes were brought into practice.
Politicians have asked for crypto to be treated under the same ... |
| 02.05.2022 | Wikimedia Foundation stops accepting cryptocurrency donations after eight years | The Wikimedia Foundation (WMF) has announced to discontinue direct acceptance of cryptocurrency as donation.
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The WMF, the organisation behind Wikipedia, received around $130,000 in crypto donations last year.
"We are maki... |
| 25.04.2022 | Crypto could give Russia several ways to sidestep sanctions — and bitcoin mining powered by embargo-hit energy is just one, the IMF says | Countries like Russia could use the crypto ecosystem to sidestep sanctions in several ways, the IMF has said.
Russia could use its embargo-hit energy resources to mine bitcoin for hard cash, it suggested in a report.
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Russia co... |
| 22.04.2022 | A DeFi hacker compromised a lesser-known protocol but forgot to take their winnings | Advertisement
The hacker compromised a protocol called Zeed for over $1 million.
DeFi hacks have become a serious concern for the crypto industry over the past year.
Almost 97% of all cryptocurrency stolen in 2022 came from DeFi protocols. ... |
| 21.04.2022 | Crypto companies in Singapore to face more heat as it tightens rules and seeks more control | Crypto firms around the world have seen Singapore as a favourable destination for doing business.
Singapore passed the Financial Services and Markets bill earlier this month that provides special powers to the regulator around crypto.
Dubai... |
| 19.04.2022 | Bitcoin mining rigs are becoming more powerful despite environmental concerns | Advertisement
Big mining rig makers are raising the stakes with higher hash rates.
Upcoming crypto mining rigs will provide upwards of 200 terahash per second.
Microbt and Bitmain are two of the largest mining rig makers in the world. Even ... |
| 18.04.2022 | New iCloud phishing scam could drain users’ MetaMask crypto wallets | A Twitter user said that digital assets worth $650,000 were stolen from their MetaMask wallet through this scam.
MetaMask has noted that those who use iCloud backups could be susceptible to this hack.
MetaMask’s wallet is amongst the most c... |
| 18.04.2022 | The NFT for Jack Dorsey’s first tweet ever is worth only $6800 now | Dorsey’s NFT was sold for $2.9 million last year.
It has been just over a year since the NFT was first sold.
Jack Dorsey’s NFT helped lend credence to the market, with Dorsey’s name being attached to it.
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Twitter cofounder Jack... |
| 18.04.2022 | All you need to know about crypto staking and why people are jumping on this bandwagon | Cryptocurrencies are increasingly moving to or using the proof-of-stake protocol for mining, and hence there’s a new concept emerging.
PoS systems are largely considered to be the future of crypto consensus mechanisms.
Staking also keeps mi... |
| 06.04.2022 | Best performing cryptocurrencies in 2022 so far | Cryptocurrencies are now being seen as one of alternatives or experimental asset classes by some high-risk investors.
With inflation surging across the world in 2022, investors have been looking for investment opportunities to beat the infl... |
| 05.04.2022 | India leads in the total number of first-time crypto investors in the last three months, according to a new report | Crypto investors around the world are also looking for more educational resources for investing in digital assets.
India, Brazil, and Hong Kong had the most first-time investors around the world.
More women are investing in cryptocurrencies... |
| 04.04.2022 | Indonesia plans to tax crypto from May – government to levy VAT and 0.1% tax on income from crypto trade | Indonesia will levy a 0.1% tax on income from crypto trading and a 0.1% VAT as well.
Indonesia’s tax slabs are lower than those levied by countries like India.
Prices of Bitcoin registered a significant drop over the weekend, after the anno... |
| 04.04.2022 | Samsung customers will be able to buy and sell NFTs from their TVs soon | The South Korean firm has tied up with one of the largest NFT platforms on the market.
Samsung TVs will get NFT art from well known digital artists like Beeple.
The NFT platform will be available on select Samsung televisions only.
Advertis... |
| 31.03.2022 | Polygon launches web3 user IDs that keep personal details anonymous | Polygon launches a new solution for web 3.0 that could help users pass identity verification without revealing personal information
Polygon ID is a digital privacy-focussed identity platform in development, based on zero-knowledge proof.
It... |
| 25.03.2022 | Meta wants to bring web3, metaverse virtually into all its future products | Meta has filed for eight trademarks with the USPTO, of which six are about cryptocurrencies and the metaverse.
The company is also working on bringing NFTs to Instagram and Facebook.
Meta is also designing advertising for the metaverse and ... |
| 24.03.2022 | Here’s why Celo project is gaining ground and it has a lot to do with DeFi projects and web 3.0 | The Celo project is designed to be carbon neutral and uses the proof-of-stake consensus system.
Celo is a DeFi project that targets users with smartphones.
Celo also includes stablecoins, backed by various crypto assets.
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Decen... |
| 24.03.2022 | India’s crypto regulations don’t recognize the full scope of web3, say experts | Regulators in India are mostly talking about cryptocurrencies and NFTs, but a lot more has to be done.
Countries like the US, UK, Canada have tweaked existing laws to accommodate crypto and web3.
Web3 founders in the country are already lea... |
| 24.03.2022 | Proposal for crypto tax policy will be up for discussion in Indian parliament today | The finance minister of India, Nirmala Sitharaman, will introduce the Finance Bill of 2022 in the Lok Sabha.
As per the latest Finance Bill, cryptocurrency gains will be taxed at 30%, which is the highest tax bracket.
The Finance Bill also ... |
| 22.03.2022 | Malaysia may legalise cryptos and NFTs soon to expand participation of youth in cryptocurrencies | The Malaysian communications ministry says legalising NFTs will bring more support from younger audiences.
Malaysian authorities have also cracked down on crypto mining in the past.
The country’s financial regulators will have the final cal... |
| 21.03.2022 | Are Ethereum traders expecting a price rally soon? | The total supply of Ether on centralized exchange platforms is lower than it used to be in 2018.
Over 180,000 ETH left trading platforms on March 15 alone.
Centralized platforms have larger supply of a particular asset when there are more a... |
| 17.03.2022 | Russian invasion and millions of crypto donations force Ukraine to legalise cryptocurrency | Amid the ongoing Russian invasion, Ukraine has legalised cryptocurrency.
Ukraine has received millions in cryptocurrency donations since the invasion.
This will also allow cryptocurrency exchanges to let users, including the government, con... |
| 16.03.2022 | Binance’s Bitcoin Button game has one Bitcoin up for grabs, apart from NFTs and $10,000 prize money pool | Binance’s Bitcoin Button game is now live.
One winner stands to win one Bitcoin, which is worth $39,000.
Other participants also get prizes in the form of NFTs and more.
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Popular cryptocurrency exchange Binance has launched a n... |
| 16.03.2022 | Bitcoin could form the backbone for CBDCs, according to a new report | Environmental concerns around Bitcoin have been well documented, but it is still the most valuable crypto token in the world.
China has been testing a digital yuan for over a year now.
Central Banks in India and the US are also exploring CB... |
| 15.03.2022 | Elon Musk advises owning 'physical things' like homes and stocks when inflation is high — but says he won't sell his bitcoin, ether, and dogecoin | Elon Musk on Monday advised his Twitter followers to "own physical things" when inflation is high.
He seemed to make an exception for bitcoin, ether, and dogecoin, saying he won't sell his holdings.
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Elon Musk on Mond... |
| 15.03.2022 | European Union votes against banning Bitcoin-like cryptos that use proof-of-work method | A proposal to ban mining and transactions of energy-intensive cryptocurrencies like Bitcoin, Ethereum failed to win the approval of the parliamentary committee in the European Union.
The EU Parliament is expected to regulate the trading, mi... |
| 11.03.2022 | Dubai adopts crypto law as it looks to become a hub for web 3.0 | Dubai wants to establish an independent authority that will regulate cryptocurrencies.
The Dubai VARA will oversee crypto trading, token issuance, and more.
Dubai is already a favoured destination for cryptocurrency and web3 companies in th... |
| 11.03.2022 | DODO Project’s market-making algorithms could revolutionise crypto exchanges | The DODO project has existed for over two years now, with over $5 million in funding.
The DODO project aims to employ proactive market maker algorithms to change how decentralised exchanges work.
DODO claims to provide better pricing and fe... |
| 08.03.2022 | India’s Finance Minister Nirmala Sitharaman says she expects the central bank to roll out the country’s digital currency this year | The Indian government expects the Reserve Bank of India (RBI) to roll out its digital currency this year.
The government of India has had a lot of consultation with the RBI around digital currency, which will be designed by the central bank... |
| 06.03.2022 | WazirX is celebrating its fourth birthday with discounts on merchandise and bumper prizes worth four crore | India’s largest crypto exchange by volume turns four on March 8.
WazirX’s WRX token has a market capitalization of $249 million, and has touched a billion in the past.
The company is also offering discounts on its merchandise on e-commerce ... |
| 04.03.2022 | Binance CEO says it's 'unethical' to block all Russians from accessing its crypto exchange | The CEO of crypto exchange Binance told Bloomberg it is freezing the accounts of Russians targeted by international sanctions.
But blocking all Russians from accessing their accounts would be "unethical," said Changpeng Zhao.
Adve... |
| 01.03.2022 | Environmental impact of Bitcoin mining has gotten worse since China’s ban, according to a new study | Bitcoin industry groups have often claimed that green mining is gaining prominence.
However, a new study published in Joule shows that Bitcoin’s carbon emissions are rising significantly.
Bitcoin’s hash rates hit new highs in January this y... |
| 28.02.2022 | Not just China, South Korea is betting big on metaverse too – plans to spend $187 million to build its national ecosystem, form a Digital New Deal | South Korea wants to become the fifth-largest metaverse market in the world by 2026.
Seoul aims to become the first city to enter the metaverse.
The government wants to nurture 40,000 professionals and 220 companies specialized in metaverse... |
| 28.02.2022 | These were the 5 worst performing cryptos over the past week amid the bitcoin bear market | While bitcoin and ethereum dominate the headlines, there are nearly 18,000 crypto coins.
With less liquidity and more volatility, these alternative cryptocurrencies can deliver investors massive losses or gains in a short period of time.
Th... |
| 24.02.2022 | India’s crypto tax will either send traders underground or back to stock markets, say experts | India’s 30% crypto tax could push traders to find new and innovative ways to bypass paying the taxman.
It could also push traders, and their capital, back towards the stock market where the tax rates are lower.
With fewer people willing to ... |
| 23.02.2022 | Man in Amsterdam demanded $200 million in crypto after taking Apple store employee and customer hostage for several hours | A 27-year-old man held an Apple Store customer hostage for several hours at the company's flagship store in Amsterdam and demanded $200 million in cryptocurrency.
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The suspect, in camouflage gear, fired a gun and then held an A... |
| 21.02.2022 | OpenSea claims that its hack was never a hack, users fell for phishing scams | Early rumours indicated that NFTs worth more than $200 million had been stolen from the world’s largest NFT marketplace, OpenSea.
According to the company, only $1.7 million worth of Ether has been stolen.
OpenSea is still conducting an inv... |
| 17.02.2022 | A major oil company is selling gas to bitcoin miners in North Dakota instead of burning off excess supply | ConocoPhillips is selling excess natural gas to bitcoin miners in North Dakota.
In a statement, the company said it's selling the gas from the Bakken oil fields to third-party miners.
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ConocoPhillips is selling its excess natur... |
| 17.02.2022 | JPMorgan opens a Decentraland lounge featuring a tiger as the bank seeks to capitalize on $1 trillion revenue opportunity from the metaverse | JPMorgan Chase opened its Onyx lounge in Decentraland as it seeks to capitalize on the metaverse.
In a report, the bank said opportunities in the virtual world seem "limitless."
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JPMorgan Chase has opened a lounge in ... |
| 17.02.2022 | Companies are piling in to back China's efforts to build a metaverse as projections for global growth in the space reach trillions of dollars | A state-backed group in China has added more companies to its committee focused on developing the metaverse, reports said Wednesday.
State-owned China Mobile started the committee that's working on creating standards and discussing technolo... |
| 17.02.2022 | Telegram is the crypto hackers’ newest playground — and they have automated the process | Cryptocurrency scammers are using bots on Telegram to con investors into giving up their one-time-passwords (OTPs).
The hackers use the OTPs to lock the original users out of their account and then steal their holdings.
The bots are availab... |
| 15.02.2022 | Here’s how Indian crypto firm Biconomy is gearing up for web3 | Biconomy was founded in 2018 and was the first Indian crypto company to list a token on Coinlist.
In the web3 world, Biconomy basically wants to become the payment gateway for crypto transactions.
The BICO token is the network’s native gove... |
| 14.02.2022 | RBI, government working in complete harmony on crypto: Nirmala Sitharaman | Crypto is back on the discussion table as Finance Minister Nirmala Sitharaman and Reserve Bank of India (RBI) Governor Shaktikanta Das deliberated over the issue. The Finance Minister had announced in her Budget speech that the RBI will lau... |
| 07.02.2022 | India’s definition of ‘virtual digital assets’ isn’t set in stone | India announced a 30% flat rate on income from ‘virtual digital assets’ due this year’s Union Budget.
The country has also been working on a bill to regulate the cryptocurrency space since 2019.
Expanding the definition could help the gover... |
| 04.02.2022 | Crypto VC firm ‘jumps’ in to restore Wormhole’s supply after DeFi hack | Advertisement
Jump Crypto has come to the rescue of the largest DeFi hack of 2022.
It has replaced the 120,000 stolen wETH with its own supply of 120,000 ETH.
Jump Crypto owns the developer of the Wormhole token bridge, the platform which w... |
| 02.02.2022 | Income tax return form will have a whole new column just for crypto next year | Income tax return forms from next year will have a separate column for making disclosures on gains made from cryptocurrencies and paying taxes, Revenue Secretary Tarun Bajaj said on Wednesday.
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The government will from April 1 ... |
| 01.02.2022 | Bitcoin's volatility won't shake the confidence of institutional investors, 2 experts say | Prices for cryptocurrencies have largely dropped in 2022 in volatile price action.
While big intraday swings and price action are dramatic, institutional investors aren't deterred by its overall growth prospects, said experts.
Bitcoin "... |
| 01.02.2022 | Market Wrap: Cryptos Stabilize, Analysts Expect Bitcoin Short Squeeze | Cryptocurrencies are starting to stabilize after falling in January, and some analysts expect prices to recover this month, especially as several alternative cryptocurrencies (altcoins) outperformed bitcoin over the past week.
Bitcoin was r... |
