Crypto Archives

In a thrilling turn of events, Bitcoin (BTC) surged past $47,000 on Monday, marking a significant milestone not seen since April 2022. The cryptocurrency market is abuzz with anticipation as the U.S. Securities and Exchange Commission (SEC) is expected to make a historic decision on the approval of spot-based Bitcoin exchange-traded funds (ETFs) in the […]

TL;DR In December 2023, crypto losses totalled $103.88M across 32 attacks, a 59% decrease compared to the previous month. The 2023 yearly loss amounted to $1.77B from over 440 hacking incidents, showcasing the prevalent vulnerability in the crypto space. Rug pulls and smart contract vulnerabilities contributed to being the prime contributors, constituting 21%, and code […]

In a significant development for India’s cryptocurrency market, CoinDCX, a leading crypto exchange, reported a staggering 2000% increase in customer deposits. This surge followed the Indian finance ministry’s action on December 28, when it issued show cause notices to nine major offshore exchanges, including Binance. The offshore exchanges, including names like Binance, Kucoin, Huobi, Kraken, […]

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Source: spaxiax/Adobe South Korean police have apprehended an individual suspected of engaging in fraudulent activity through an over-the-counter (OTC) crypto exchange. Authorities in the town of Icheon, Gyeonggi Province, disclosed that they had arrested a man in his 20s on charges related to theft. The suspect allegedly deceived a victim into thinking they were engaging […]

The Central Bank of Nigeria has clarified that accounts opened for virtual and digital asset transactions won’t permit cash withdrawals. The apex bank further explained that withdrawals from these accounts will exclusively occur through transfers or manager’s cheques. These accounts, as per the bank’s new guidelines, are solely designated for virtual/digital asset transactions and not […]

In the ever-volatile world of cryptocurrency, Ripple’s XRP has recently been a topic of substantial speculation. With contrasting yet intriguing predictions, analysts EGRAG CRYPTO and Dark Defender have shared their outlooks for XRP’s future in 2024. EGRAG CRYPTO’s Bold Prediction EGRAG CRYPTO, a prominent figure in the crypto community, is optimistic about XRP’s potential for […]

Source: promesaartstudio/Adobe Starting in February, approximately 290,000 public sector employees in South Korea will be required to disclose their cryptocurrency holdings. According to Maeil Kyungjae, the Ministry of Personnel Management has announced that the regulation will also be applicable to the spouses and immediate family members of employees. The progression comes after a recent ministry […]

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The Directorate of Enforcement arrested Nitin Gaur, who is Ajay Bhardwaj’s brother-in-law, under the Prevention of Money Laundering Act (PMLA). The Directorate of Enforcement (ED) arrested Nitin Gaur, the brother-in-law of Ajay Bhardwaj, in connection with a Rs 6,606 crore cryptocurrency case involving M/s Variable Tech Pte Ltd and its promoters in the GainBitcoin Ponzi […]

Coin Center’s executive director, Jerry Brito, has expressed that complying with the cryptocurrency tax reporting guidelines set for 2024 remains ambiguous. Key elements of the infrastructure bill signed by U.S. President Joe Biden are now operational. This includes mandates that digital asset transactions exceeding $10,000 be reported to the IRS. The bipartisan bill, approved by […]

For nearly a decade, there was a consistent and uninterrupted growth in the count of cryptocurrency ATMs. However, a shift occurred in late 2022. The count of operational Bitcoin ATMs has experienced an approximately 11.1% decrease compared to the beginning of 2023, marking a deviation from the ten-year trend of yearly increases. As per data […]

Category: Crypto

Bitcoins Blasts Past $47K with ETF Excitement

December Month Hacks Adds To 2023’s $1.77B Crypto Loss

CoinDCX Sees 2000% Surge in Deposits Amid India’s Crypto Exchange Shakeup

South Korean police detain a suspected OTC crypto thief.

CBN prohibits cash withdrawal by operators of crypto bank accounts.

Ripple (XRP) Price Predictions: A Comprehensive Overview for January 2024

Forced to Declare Crypto Holdings, 290,000 South Korean Public Sector Employees

Probe agency ED apprehends individual in cryptocurrency scam exceeding Rs 6,000 crore.

Starting in 2024, IRS Mandates Reporting of Crypto Transactions Over $10K

The new year commences with an 11% reduction in the number of operational Bitcoin ATMs.

Russia Proposes 15% Tax on Crypto and Mining Restrictions

WazirX Plans to Launch New Decentralized Exchange

Binance, Indian Police Bust Energy Scam, Recover $100K USDT

Indian Govt. Officials Probe Crypto Exchange WazirX's $234M Hack

Dubai's VARA Updates Marketing Regulations and Guidelines for VASPs

Germany Shuts Down 47 Crypto Exchanges for Illegal Activities

𝗬𝗼𝘂𝗿 𝗜𝗻𝗱𝗲𝗽𝗲𝗻𝗱𝗲𝗻𝘁 𝗖𝗿𝘆𝗽𝘁𝗼 𝗮𝗻𝗱 𝗚𝗹𝗼𝗯𝗮𝗹 𝗡𝗲𝘄𝘀 𝗔𝗹𝗹𝘆

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