Cryptocurrency

News and Trends

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 suspicious transactions

News and Trends

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.

News and Trends

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?

News and Trends

Crypto Player WazirX Hacked, Withdrawals Temporarily Paused

It has put INR and crypto withdrawal on a temporary pause. The compromised funds include approximately USD 100 million in Shiba Inu (SHIB), USD 52 million in Ethereum (ETH), and USD 11 million in Polygon (MATIC). With the remaining being in Floki, Fantom, Chainlink, and Fetch.ai

News and Trends

Cryptocurrency Report 2024 Q2: Crypto Mcap Dips, Ethereum Turns Inflationary, Meme Coins Lead the Way and More

After a stellar Q1 (January-March) performance, crypto dipped in Q2 (April-June). The total crypto market capitalization dropped minus 14.4 per cent (USD 408.8 billion) to end 2024 Q2 at USD 2.43 trillion

News and Trends

Crypto Player CoinDCX Acquires MENA Region's BitOasis

Notably, BitOasis boasts of the highest trading volume in Emirati Dirhams

Finance

Navigating Crypto Markets with Tailored Market Making Solutions

CLS Global is one of the leading crypto market makers providing specialized market-making solutions. CLS Global boasts a track record spanning three bear markets and over $1.5 billion in assets under management.

News and Trends

KoinX and Mudrex Partner For Streamlining Tax Filing for Indian Investors

KoinX's advanced technology enables users to calculate crypto tax liabilities accurately and efficiently, supporting over 25,000 crypto assets, NFTs, mining, and DEXes

News and Trends

Delta Exchange Commences India Operations with Crypto Futures and Options Trading

With this, Delta Exchange claims to have become India's first and only platform to offer Options trading on Bitcoin (BTC), Ethereum (ETH), and more crypto assets

Growth Strategies

The UAE Is All Set To Become The World's New Capital Of Crypto

The UAE's rapidly growing adoption of digital assets will have a significant knock-on effect to other sectors and other parts of the world.

News and Trends

Binance to Pay INR 18.82 Crore Fine To Restart India Operations

In April, it reinstated its India operations along with crypto exchange KuCoin on the condition of paying a penalty after a hearing with the FIU

News and Trends

Will Nirmala Sitharaman Go Soft on Crypto in Her 2nd Term as FM?

The harsh treatment of 30 per cent tax on profit and one per cent VDA coupled with India's decision to not yet ban the currency has left many in a fix. So, what does the coming times mean for crypto players in India

News and Trends

67% of Crypto Users Believe Bitcoin Will Rise 80% by 2024-end: Report

Among the crypto investors, about 36.8 per cent invested in memecoins; 25.5 per cent in AI tokens, 21 per cent in DeFi tokens, and 15.4 per cent in gaming tokens. Despite these options, a majority of 65.5 per cent chose to invest in Bitcoin

News and Trends

BlackRock's ETF Becomes Largest Bitcoin Fund in World; Overtakes Grayscale

On January 11, the total volume was over USD 4.6 billion, with GBTC comprising about half of it at USD 2.33 billion. IBIT ranked second with USD 1.03 billion, while FBTC stood third with USD 712 million

Business News

Millennials and Gen Zs: Should They Rely on Crypto for Retirement? Building a Portfolio Balancing Growth and Security

Cryptocurrency has become an increasingly popular investment vehicle for American retirement savers willing to leverage new market opportunities while simultaneously bolstering their retirement funds. For many young people, this provides...