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Indian Government Misses on $420 Million in Crypto Taxes as 90% Trade Volume Shifts Offshore: Report
9.11.2023
Source: Pexels The imposition of a one percent tax-deducted-at-source (TDS) on the trading of cryptocurrencies in India has led to a massive shift of millions of users to offshore crypto exchanges, according to a recent report published by the Esya Centre. In February 2022, India’s Ministry...
Shares of Grayscale Chainlink Trust soar 200% premium
8.11.2023
LINK has more than doubled in price in the last three weeks, and this has surged the share value of GLINK shares in the Chainlink Trust of Grayscale. They are up by 200% in premiums. Shares in Grayscale cannot be redeemed; holders can only exit the sphere by selling their shares to a potential...
BNB Smart Chain scam losses dropped 75% in Q3: Report
7.11.2023
Security firm HashDit says the lower amount lost to scams on BSC could be due to an uptrend in security products addressing the threat
Binance's spot trading market share falls to 40% in 2023: Report
6.11.2023
The exchange's share in crypto spot trading was slashed by one-third over the past year
OpenSea slashes workforce by 50% before launching OpenSea 2.0
6.11.2023
OpenSea has announced that it is soon going to launch OpenSea 2.0. However, what has attracted a larger number of eyeballs is the NFT Marketplace slashing its staff force by 50%. This is not the first time OpenSea has reduced its staff, except the explanation has changed. This time, the platform...
Survey: 65% of Spaniards aren’t interested in using digital euro
1.11.2023
The country’s population doesn’t demonstrate as high a confidence level in the European Central Bank’s digital currency project as the government does, according to the survey
Bitcoin Price Prediction: Nearing $35K, Whales Sustain Momentum
1.11.2023
Bitcoin price prediction remains bullish as BTC is trading at $34,432 with a 0.64 percent increase on Wednesday, the push towards this crucial threshold is buoyed by the substantial influence of crypto whales. As the world celebrates 15 years of Bitcoin, reflecting on Satoshi Nakamoto’s...
Tether attestation shows cash and cash equivalents of 86% as loans decline
31.10.2023
Tether’s newest reserve attestation shows the highest-ever percentage of cash equivalents, with most reserves consisting of U.S. T-bills and repurchase agreements
Revenue for TRON DAO goes up by 14% in Q3
27.10.2023
Justin Sun has published numbers for revenue and profit for the third quarter, with both of them meeting expectations and setting the right tone for the final quarter of 2023. Sun has said that the group has collectively registered an increase of 14% in revenue for Q3-2023. The Justin Sun group...
Hodling hard: Bitcoin's long-term investors own over 76% of all BTC for the first time
19.10.2023
BTC supply dynamics show all-time high percentage ownership by long-term holders, and Bitcoin investors should "do the math" as a result, analysis says
Platypus Finance recovers 90% of assets lost in exploit
17.10.2023
As per its agreement, project developers will not pursue legal action against the hacker
Uniswap Labs to charge a 0.15% fee on select frontends and assets
17.10.2023
Uniswap Labs recently announced levying a 0.15% fee on a few frontends and assets. Traders using frontends by Uniswap on its DEX will be subject to the 0.15% fee. Hayden Adams, the founder of Uniswap, made the announcement on its official X/Twitter channel. The founder portrayed the fee as a way...
Bitcoin jumps 10% to $30k amid ETF launch whispers
17.10.2023
Bitcoin recently experienced a much-awaited 10% surge to hit $30,000 on Monday. The hike emerged amid the increasing whispers surrounding a BTC ETF. This development demonstrated how the ETF can change the crypto industry’s outlook. Most crypto traders were stunned by an erroneous report suggesting...
Stars Arena receives nearly 90% of the lost funds
12.10.2023
Stars Arena has posted an update, informing the community that the team has recovered approximately 90% of the funds that were lost previously. The development comes as Stars Arena reaches an agreement with the individual behind the drainage. They have been awarded 10% of the bounty along with...
Less than 50% of Hong Kong retail crypto investors aware of relevant regulations: Survey
11.10.2023
Hong Kong has allowed retail crypto trading since June
Crypto suffered 153% YoY increase in hacks and scams in Q3: Immunefi
3.10.2023
The number of attack incidents increased to 76 in Q3 2023, compared to just 30 in the same quarter last year
Chainalysis axes another 15% of staff citing difficult market conditions
3.10.2023
The Chainalysis workforce will be reduced by around 150 as the bear market bites deeper
Epic Games Cutting 870 Jobs, 16 Percent Of Its Workforce
28.9.2023
Epic Games Inc., the company behind global megahit Fortnite, the Epic Games Store, and the wildly popular Unreal Engine, is laying off 16 percent of its current workforce. This report, first coming from Bloomberg’s Jason Schreier, sees almost 900 employees losing their jobs.Read more
Texas is home to nearly 30% of all Bitcoin hash rate — Foundry
27.9.2023
According to Foundry's data pool, Texas accounts for 28.5% of all Bitcoin hash rate in the United States
Coinbase holds 5% of all Bitcoin in existence: Data
23.9.2023
While Coinbase holds $25 billion in BTC, the exchange only owns around $200 million worth of Bitcoin found in its wallets