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Shiba Inu Unveils its Metaverse Project, But Investors Do Not Seem Excited
31.3.2022
The team behind the popular meme coin shiba inu (SHIB) has unveiled their anticipated metaverse project dubbed "SHIB: The Metaverse," a virtual world that would contain more than 100,000 land plots. However, investors are ostensibly not excited by the announcement as SHIB has seen a relatively...
DeFi sector TVL rises as investors return to a bullish crypto market
30.3.2022
Decentralized finance token prices have begun to trend higher and the rise in the total value locked across protocols and increasing dApp revenue hint at a potential DeFi revival
Is China’s apprehension to ban NFTs a hopeful sign for investors?
30.3.2022
China’s mixed signals regarding its local NFT industry have investors confused about where the local market may be headed
First Mover Asia: BC Technology Group’s Crypto Platform Made Big Gains in 2021. So Why Are Investors Unimpressed?
30.3.2022
OSL, which accounts for most of the Hong Kong company’s business, rose 63% in 2021, but the stock price has lagged bitcoin and other assets; bitcoin and ether tread water
Kitchen table Bitcoin: How should average investors approach crypto?
29.3.2022
How should retail investors approach cryptocurrency investments? Are moonshots worth it at this point?
Institutional crypto funds see largest capital inflows for 3 months
29.3.2022
The data from CoinShares shows a weekly inflow of $193 million, with more than half of that figure going to Bitcoin alone. Solana is also getting attention and broke a record in the process
How to Easily Prepare Your Crypto Taxes – Koinly Founder Robin Singh Explains
27.3.2022
Koinly is a tax solution for cryptocurrency investors and accountants. Anyone who owns multiple exchange accounts or wallets knows the pains when it comes to declaring taxes. Koinly was built to solve this very problem – by integrating with all major blockchains and exchanges Koinly reduces...
NFT Rug Pull: DOJ Charges Two People in Million-Dollar Scheme to Defraud Investors
26.3.2022
The U.S. Department of Justice (DOJ) has charged two people allegedly behind a million-dollar non-fungible token (NFT) “rug pull” scheme. They abandoned the NFT project within hours after selling out, deactivated the website, and transferred over $1 million in crypto to the wallets...
India Confirms Discriminatory Tax Rate for Crypto Investors
25.3.2022
Starting April 1 this year, and despite the crypto sector’s efforts, cryptoasset gains in India will be taxed at 30% - the highest tax bracket, the nation’s Parliament confirmed today. In comparison to this tax, the tax rate on stock trading ranges from 0% to 15%.
From now on taxed the same...
Crypto Pyramid Busted in Russia, Losses Exceed $10 Million
24.3.2022
Russian law enforcement agencies have gone after the organizers of a large crypto pyramid which has been promising extraordinarily high returns. The Ponzi scheme is being unraveled after a similar project defrauded thousands of investors in Russia, the region, and far beyond. Police Find Crypto...
Crypto Taxes in 2022: All You Need to Know According to Koinly
24.3.2022
Cryptocurrency users can face a lot of challenges finding the right information needed for reporting taxes. Koinly, a leading cryptocurrency tax calculator and portfolio tracker for traders, has created the ultimate guide to help. Koinly Presents The Ultimate Bitcoin Tax Guide for 2022 Crypto...
Mars4 Embraces a Multi-Chain Future With PancakeSwap Listing
22.3.2022
Investors from all over the world are looking for the freshest projects to increase their returns. They might come across the MARS4 project that has been continuously growing and appearing on more and more platforms. Now listed on PancakeSwap, MARS4 is more accessible than ever as it became...
Tokens pose lesser risk than gold and oil for UK investors: Survey
22.3.2022
Out of the 2000 responders, 24% revealed interest in investments in tokens or NFTs in 2022, which highlights a “critical tipping point” for token adoption
DeFiance Founder's USD 1.76M Loss is a Lesson For NFT Investors
22.3.2022
Founder of the cryptoasset fund DeFiance Capital, Arthur Cheong, has seen one of his hot wallets compromised, resulting in the loss of over 70 blue-chip non-fungible tokens (NFTs) worth over USD 1.76m. The incident is another stark reminder for all NFT investors to be extra careful - and less...
Kenyans Lose Millions of Dollars to yet Another Cryptocurrency Scam: Bitstream Circle
20.3.2022
The masterminds behind the alleged cryptocurrency Ponzi scheme called Bitstream Circle are believed to have stolen more than $10 million in investor funds. The alleged theft became apparent on March 13, 2022, when some of the scheme’s investors encountered problems making withdrawals....
First Mover Asia: India Crypto Investors Await Taxation Clarity; Bitcoin Rises on a Day of Big Price Swings
16.3.2022
India's crypto community is hoping to convince lawmakers to pare down part of the bill, which includes a 30% tax on income generated from crypto transactions; bitcoin soared above $41,000
India Targets 700 Crypto Investors for Non-Payment of Taxes: Report
16.3.2022
India’s income tax department has reportedly identified about 700 cryptocurrency investors who have failed to pay taxes on high-value crypto transactions. “We have a long list of people who were transacting in crypto assets but were not paying tax,” said an official with...
Investors Inject $450 Million Into Consensys, Ethereum Incubator Now Valued at $7 Billion
15.3.2022
The Ethereum software firm Consensys has announced the incubator has raised $450 million in a Series D funding round led by Parafi Capital. The latest financing brings the company’s valuation to over $7 billion, following the $200 million Series C raise Consensys secured last November....
Crypto.com Launches US Exchange — Institutional Investors Granted Access First
15.3.2022
The digital currency exchange Crypto.com has revealed it’s launching a crypto trading platform in the United States to waitlisted users and then a progressive rollout will follow. Furthermore, the company says the trading platform’s VIP users will get access to “exclusive...
Bitcoin risks final 'bear market capitulation' as rich investors continue BTC selloff — analyst
15.3.2022
But more inexperienced investors have been choosing to become long-term Bitcoin holders, limiting sell-side risks below $30,000