Cryptocurrency Prices Today: Markets ring the new year in red as Bitcoin, Solana fall

Bitcoin dipped 0.61 percent to trade at Rs 37,59,371 while Ethereum rose 1.84 percent to Rs 2,96,891. Cardano fell 1.23 percent to Rs 105.18 and Avalanche rose 4.75 percent to Rs 8,700. Polkadot rose 0.96 percent to Rs 2,180.83 and Litecoin fell 0.08 percent at Rs 11,788.96 over the last 24 hours. Tether rose 0.16 percent to trade at Rs 79.85. Read more here.

Indian taxman recovers $6.62M from WazirX for evading tax on commission

Indian crypto exchange WazirX has reportedly paid over $6.6 million (Rs 49.2 crore ) following non-payment of Goods and Services Tax (GST) on trade commissions. The total recovery includes the pending tax of $5.43 million (Rs 40.5 crore ), the interest and a penalty for non-payment. Read more here.

Crypto Exchange Binance 'Not Authorized' to Operate in Ontario, Says Regulator

The Ontario Securities Commission has denied that crypto exchange Binance can continue its operations in the province. This came in the wake of the statement Binance, the world’s largest crypto exchange in terms of trading volume, made earlier this week, saying that the exchange would be able to continue to operate in Canada’s most populous province. Read more here.

Eminem Buys Bored Ape Yacht Club Ethereum NFT for $450K