Crypto firms lay off hundreds of staff as coin values nosedive
Cryptocurrency prices have been falling in tandem with a broader market downturn, leaving crypto businesses, lenders, and traders reeling.
Coinbase to cut 1,100 jobs amid turmoil in crypto markets
Cryptocurrency exchange Coinbase Global Inc said on Tuesday it would slash 18% of its workforce, or about 1,100 jobs, as part of efforts to rein in costs amid volatile market conditions.
Storyboard18 | With no celebrity quotient, how can crypto brands change their ad strategy?
Given the inherent category challenges, crypto brands need to advertise with caution.
Cryptocurrency market value slumps under $1 trillion
According to data portal CoinMarketCap, the value of the cryptocurrency market went below $1 trillion for the first time since January 2021.
Fresh fall takes Bitcoin to $24,000, crypto market cap falls below $1 trillion
This comes after a blockbuster year for crypto trading as Indian exchanges onboarded millions of users by end of 2021.
Cryptocurrency Prices Today June 13: Bitcoin down over 7%, tests lowest level since December 2020
Bitcoin and other cryptocurrencies have suffered in recent months as the Federal Reserve hikes rates and global policy makers step up efforts to combat price increases, and as risk assets like tech stocks retreat.
DeFi loses 45% of value since April-end in fallout of Terra collapse
The Blockchain gaming category is resisting the crypto crash and adding investors. In May, Dapper Labs announced a $725 million fund to accelerate growth in the Flow ecosystem along with Andreessen Horowitz committing $4.5 billion to its Crypto Fund 4.
Income Tax website rectifies error, Government sticks to 1% TDS on virtual assets
The website earlier mentioned that the TDS rate for virtual digital assets has been dropped to 0.1% from 1% as announced earlier in the budget, according to the website Income Tax Department.
Cryptocurrency Prices Today June 08: Bitcoin, Ethereum inch higher; Cardano jumps over 5%
The total crypto market volume rose 3.49 percent to $84.24 billion over the last 24 hours.
How Influencers Hype Crypto, Without Disclosing Their Financial Ties
Crypto promoters could also run afoul of the Federal Trade Commission’s rules, which require marketers of all kinds to disclose when they have a financial stake in the projects they endorse.
Bitcoin back below $30,000; European regulators renew crypto warnings
HONG KONG Cryptocurrencies resumed their slide on Monday, giving up the gains they had eked out over the weekend, as regulators continued to c..
Cryptocurrencies: Why they've crashed and what it could mean for their future
This crash was possibly triggered by a financial attack on the stablecoin Terra (UST), which is supposed to match the US dollar but is presently trading at just 18 cents.
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.
