Bitcoin price: What the crypto crash means for investors
The cryptocurrency is a poor substitute for cash in an inflationary environment
FM Nirmala Sitharaman flags anonymity as 'inherent risk' in use of blockchain
Finance Minister Nirmala Sitharaman made it clear that using the distributed ledger technology (DLT), which is also called as blockchain, is absolutely imperative and the government also supports the use of the same.
Crypto 101 | What is Bored Ape Yacht Club
NFTs have gone mainstream with several celebrities dropping their collection. But the most popular, and expensive NFTs are a collection of monkey images, collectively known as Bored Ape Yacht Club. So what’s so special about the Bored Ape Yacht Club that has world renowned celebrities rushing to purchase one of their NFTs? Click on this video to know more
Cryptocurrency Prices Today April 12: Bitcoin down, Dogecoin slides nearly 9.56%
The total crypto market volume over the last 24 hours is $101.87 billion, which makes a 59.25 percent increase. The total volume in DeFi is currently $13.01B, 12.77 percent of the total crypto market 24-hour volume.
Bitcoin miner PrimeBlock to go public via $1.25 billion SPAC deal
The merger with 10X Capital Venture Acquisition Corp II is expected to close by the second half of this year, after which the combined company will be listed on the Nasdaq and led by PrimeBlock Chief Executive Officer Gaurav Budhrani.
UAE crypto push sees Bybit, Crypto.com announce Dubai offices
Dubai, one of the UAE's seven emirates and the region's trade hub, this month issued its first law governing virtual assets and formed the Virtual Asset Regulatory Authority (VARA) to oversee the sector.
1% TDS On Cryptocurrencies From July 1: Here's How You Will Be Taxed
Cryptos will be taxed from April 1, 2022. As per the Finance Bill, 2022, no set-off of any loss arising from the transfer of virtual digital assets shall be allowed against any income computed under any other provision of the Act and such loss shall not be allowed to be carried forward to subsequent assessment years. Also, 1% TDS will be deducted on sale of these virtual digital assets. Watch this video to know how much money you will have to pay if you have to buy cryptocurrencies.
Former boxer, legendary artist launch NFTs to support Ukraine
All proceeds will go to Red Cross Ukraine and UNICEF, ensuring that funds from the NFT sale go directly to the resources most direly needed by Ukraine in its current defence against the Russian forces.
Cryptocurrency Prices Today: Bitcoin, Ethereum decline as Russia-Ukraine war intensifies
Cardano was down 5.3 percent to Rs 69.84 and Avalanche fell 6.6 percent to Rs 6,113.1. Polkadot was down 5.4 percent to Rs 1,373.99 and Litecoin declined 2.25 percent at Rs 8,489.89 in the last 24 hours. Tether was up 0.39 percent to Rs 78.92
Bitcoin slumps to lowest in a month after Russia invades Ukraine
Bitcoin fell as much as 7.9 percent to $34,324, its lowest since January 24, and was last trading down 4.9 percent.
Blockchain startup 5ire raises $100 million from GEM
5ire is the first sustainability-focused Layer 1 blockchain project with an exchange, a wallet, an NFT marketplace, as well as a VC fund to help grow other sustainable blockchain projects
Cryptocurrency mining may come into GST ambit: Report
'Mining' is an activity that is aimed at the creation of cryptocurrency or validating a transaction of cryptocurrency between the buyer and the seller
WazirX founder Nischal Shetty to launch new project L1 blockchain network “Shardeum"
Shardeum is targeting fundraising by April 2022 followed by its betanet launch in Q32022. The mainnet is estimated to launch towards the end of Q42022.
The Crypto Bill is still undergoing consultations, says Finance Minister
In the Budget for FY23, the Government announced tax on income from 'virtual assets' which will be at 30%.
Crypto startup Flint raises $5.1 mn seed funding led by Sequoia and GFC
Coinbase Ventures, Hashed, IOSG, Better Capital and MSA Capital participated in the round along with other 11 institutional investors and angels.
Taking a cue from WazirX crackdown, crypto exchanges may have found a way to pay tax on crypto commissions
Right now, the tax department has internally interpreted crypto currencies as a digital asset. However, there is no official categorisation of digital assets under GST laws, they say.
Crypto exchange WazirX pays Rs 49.2 crore after evading tax
The GST department says it will cover all the cryptocurrency exchanges under its jurisdiction and will intensify the drive.
Crypto 101: What is Ethereum?
The Ethereum blockchain has evolved considerably since it was launched in 2015. The platform has the largest network effects among all the blockchains with numerous use cases and projects being built on it, from DeFi applications, to NFTs, to Play To Earn Gaming. The blockchain’s token, Ether, now has the second largest market cap among cryptocurrencies after Bitcoin and is used to power transactions (gas fee) and is now being adopted widely as a currency in certain industries. Top art auction houses like Christie’s now offer Ether as a payment option. Most newbies who are just embarking on their crypto journey do not know the real difference between bitcoin and Ethereum, and what this technology entails. Let us break it down in this video. Presented by Rahul Jagtiani. #ethereum #cryptocurrency #cryptoeducation
Cryptocurrency prices on December 28: Bitcoin, Ethereum trade in red; Litecoin up 2%
Bitcoin slipped 1.43 percent to trade at Rs 40,12,726 while Ethereum declined 0.78 percent at Rs 3,20,560
Crypto 101 | CBDC: Central Bank Digital Currency Explained
Are central bank digital currencies (CBDCs) the future of money? Central banks are experimenting with CBDCs to counter the tsunami of cryptocurrencies that the world is encountering. CBDCs can be account based or token based, and can be further classified under wholesale and retail CBDCs. Learn more about central bank digital currencies and their impact in the future, in this short video. Presented by Rahul Jagtiani. #cbdc #digitalcurrency #crypto101
Women prefer Bitcoin, men traded partial to Shiba Inu, WazirX 2021 survey finds
Bitcoin (BTC), Tether (USDT), Shiba Inu (SHIB), Dogecoin (DOGE), WazirX Token (WRX), and Matic (MATIC) were the most-traded crypto on the exchange.
BitMart to compensate victims after hackers steal $150 million worth of cryptocurrencies
BitMart has said deposit and withdrawal functions will 'gradually begin on December 7, 2021'
We are on crypto investors' side and looking out for their interests: Jayant Sinha
Jayant Sinha, a member of Parliament and chairman of the parliamentary standing committee on finance, spoke to Moneycontrol's Chandra R Srikanth on how the government will balance innovation and regulation of cryptocurrencies, the upcoming crypto Bill, investor protection, and his message for crypto investors.
Welcome to Web3. What's That?
So far in 2021, about $27 billion worth of crypto has been spent on major NFT platforms, according to Chainalysis. That’s up from $114 million in all of last year.
