Page 68 of crypto

As per CoinGecko, the total crypto market cap has fallen by approximately 40% since April.

Robinhood receives a 60% discount on a $170 million exchange deal: report

Ziglu is one of the top 50 unsecured creditors of the insolvent cryptocurrency lender Celsius, as per the list.

August 19, 2022 11:40 IST

Investors have additional protections based on ASIC's Report 705 that include appropriate benchmarking against the spot price

Aussie asset manager to offer crypto ETF using unique license variation

Operating under an AFSL with a direct crypto-asset authorisation means that the fund and the issuer are subject to strict…

Updated: August 18, 2022 16:28 IST

As per the statement, real estate agents, brokers, and law offices must notify the FIU of any cryptocurrency transactions.

UAE commences reporting essentials to counter crypto real estate money laundering

The UAE government is now working to make sure that digital assets are covered by the region’s anti-money laundering and…

August 9, 2022 11:51 IST

The move is on the back of recent regulatory action taken against Zanmai Labs Pvt Ltd, in relation to their operations of the WazirX Exchange.

Binance clears its position; removes off-chain fund transfer with WazirX

Users will still be able to deposit and withdraw balances via the standard withdrawal and deposit process between Binance and…

August 8, 2022 18:24 IST

The company claimed to have purchased South Korean payment service provider PnLink Co. and virtual-asset exchange OK-BIT Co.

Crypto.com expands in South Korea, looks beyond the market route

Due to the high level of crypto adoption, firms that deal with digital assets prize South Korea

August 8, 2022 12:15 IST

Crypto market's peak, however, was miniscule in comparison to the $124.4 trillion global equity market and the even bigger $126.9 trillion bond market in 2021.

Retail investors perceive stocks, bonds to be more arcane than crypto – survey

The survey also revealed that 70% of retail investors were under 45 years of age.

Updated: August 4, 2022 16:35 IST

Centralised exchanges were once the favorite target of hackers, but advances in security protocols have seen a drop in successful cyber attacks.

$2B in crypto stolen from cross-chain bridges this year: Chainalysis

Due mostly to the Ronin Bridge Attack in late March, which resulted in the theft of $624 million in Ether…

Updated: August 4, 2022 16:30 IST

Bitcoin, the largest digital asset, trades at a fraction of its all-time high, down from more than $68,000 in November 2021 to about $23,000 on Wednesday.

New crypto oversight legislation arrives as industry shakes

Bills proposed by other members of Congress and consumer advocates have suggested giving the authority to the Securities and Exchange…

August 4, 2022 10:37 IST

Growth in the world's largest economy, the United States, shrank for the second straight quarter, while in the eurozone business growth slowed sharply in June due to the rising cost of living.

Companies cut jobs, freeze hiring to prepare for economic slowdown

Company name Date Layoffs impact Commentary Alibaba Group March 16 About 39,000 staff Started firing employees in February.

August 3, 2022 16:53 IST

Zipmex's solicitors submitted five applications on July 22 seeking moratoriums to prohibit legal proceedings against Zipmex for up to six months, the cryptocurrency exchange said https://bit.ly/3zEMmKD on Wednesday.

Crypto platform Zipmex files for bankruptcy protection in Singapore

Singapore-based Zipmex resumed withdrawals last week, a day after suspending them on July 20, and said it was working to…

July 29, 2022 09:18 IST

Tax evaders, being smart, explore other avenues to shift their unaccounted wealth through investment in non financial assets, she noted.

Automatic exchange of info should also cover assets like crypto: FM Sitharaman at G20

At the G20 Ministerial Symposium on Tax and Development in Bali, Sitharaman said investigations have shown that numerous layers of…

July 14, 2022 18:50 IST

Crypto SIP platform introduces 19 new tokens for additional flexibility and risk mitigation

Bitbns introduces ‘zero TDS’ on SIP investments

The initiative is to remove the taxation burden from the back of the investors whilst encouraging them to undertake SIP…

Updated: July 15, 2022 13:04 IST

A filing with the U.S. Bankruptcy Court Southern District of New York showed that Alameda Research was Voyager's largest single creditor, with unsecured loans of $75 million.

Crypto lender Voyager Digital files for bankruptcy

New Jersey-based Voyager estimated that it had more than 100,000 creditors and somewhere between $1 billion and $10 billion in…

July 6, 2022 19:47 IST

It would be pertinent to note that even losses from speculative share trading are allowed to be set off against speculative income; hence, there may be a case for treating VDAs on a similar footing.

A brake on India’s crypto-industry

While the government’s objective was to bring clarity and streamline the taxation of virtual digital asset (VDA) transactions in India,…

June 22, 2022 04:15 IST

The first is to collateralise by fiat—this means the coins are backed by real assets in reserve; for every stable-coin, there should be the equivalent in real currency in assets.

Techproof Express: Legally defrauding a cryptocurrency Premium Story

The Beanstalk heist, wherein a fraud was perpetrated using legal loopholes, shows we will constantly be playing catch-up now that…

Updated: May 10, 2022 08:59 IST

Nirmala Sitharaman flags anonymity as ‘inherent risk’ in blockchain use

Pointing out to the total USD 4 trillion in custody value held by NSDL, Sitharaman said the buoyancy in retail…

May 7, 2022 18:36 IST

The entire NFT space has seen a narrative shift as people have discovered that NFTs can be more than just digital collectables or static assets

Revise raises $3.5 million in seed round funding

The company aims to use the proceeds for hiring and expansion

April 29, 2022 10:46 IST

New tech on the block – NFT: Decoding non-fungible tokens Premium Story

NFTs capitalise on the need to ‘own’ things and the bragging rights, as well as the ability to sell the…

Updated: April 29, 2022 08:31 IST

Related News

US tourist visa: Applicant’s B1/B2 visa approved without hassle, officer says ‘I don’t need to…’

Thinking of Retiring in India? NRIs Say Traffic Might Stop You.

US couple returns to India after 25 years, reveals what is driving NRIs away

Indian employee in UAE opens up about favouritism and exclusion in small company

‘I sit 9–5 doing nothing’: Indian worker in UAE says he’s ‘invisible’ at job, left out of WhatsApp groups and team culture

H-1B, H-1B visa, H-1B visa abuse, H-1B visa employers, American jobs, foreign workers

US cracks down on H-1B visas as Labor Secretary certifies investigations launched under Project Firewall

An incorrect name on your Aadhaar can lead to severe issues with KYC (Know Your Customer) compliance, bank accounts, and benefits distribution.

Aadhaar card online update: How to change name, address, date of birth and phone number online in simple steps

Peak XV-backed Yubi raises Rs 411 cr from EvolutionX

Business3 hr ago

Yubi Group, backed by Peak XV and TVS Capital, secures ₹411 crore in a new round of funding through a combination of long-term structured debt and equity. EvolutionX Debt Capital commits ₹336 crore, while founder Gaurav Kumar invests ₹75 crore in equity.

View all shorts