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The approval by the US SEC of 11 spot bitcoin ETFs, including those offered by BlackRock, Vanguard, Franklin Templeton, Valkyre, Fidelity, and Invesco, on January 10, has significant implications. According to industry experts, the SEC’s approval of spot bitcoin exchange-traded funds (ETFs) in the United States has opened up a new avenue for Indian investors […]

A new era in cryptocurrency taxation has dawned in the United States. Following the Infrastructure Investment and Jobs Act, signed into law by President Joe Biden in November 2021, the Internal Revenue Service (IRS) has implemented a stringent reporting requirement for crypto transactions. This rule, effective from January 1, 2024, mandates that any receipt of […]

X has confirmed that the official U.S. Securities and Exchange Commission (SEC) account was breached when it posted the false announcement of the spot Bitcoin ETF approval. SEC Account Lacked 2FA Protection Following a preliminary inquiry, X has verified that the breach did not result from any weaknesses within their systems. Instead, an unidentified person […]

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In a move that could significantly impact the cryptocurrency landscape in India, the Financial Intelligence Unit (FIU) of the finance ministry has intensified its regulatory scrutiny. On December 28, the FIU issued directives to major global exchanges like Binance, KuCoin, and seven others, emphasizing the necessity for these entities to register as ‘reporting entities’ in […]

In a dramatic turn of events that left the cryptocurrency world in shock, the price of Bitcoin experienced a rapid surge and subsequent fall after the U.S. Securities and Exchange Commission (SEC) announced an unauthorized approval of a Bitcoin exchange-traded fund (ETF) on the social platform X, formerly known as Twitter. The events of the […]

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, […]

A Revolutionary Platform is Making Waves In the ever-evolving realm of digital creation, Qolaba, a groundbreaking platform, emerges as a beacon in the digital creator economy, seamlessly merging Generative AI with Web3 technologies. This fusion paves the way for unprecedented ease in generating and monetizing digital content, ranging from stunning images to intricate 3D assets. […]

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 […]

Category: Other

Unveiling the Significance of US SEC’s Spot Bitcoin ETF Approval for Indian Crypto Investors

New IRS Crypto Reporting Law: $10,000 Threshold

X confirms the US SEC’s official account was hacked without any insider errors

FIU’s Stance on Crypto Exchanges: A Tough Road Ahead for India’s Crypto Market

Unauthorized SEC Announcement Sends Bitcoin on a Rollercoaster Ride

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

Revolutionizing Digital Art Creation: How Qolaba Blends AI and Blockchain for the Next-Gen Creator Economy

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

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

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