Crypto News India
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Gen Z Reportedly Dominates India’s Crypto Futures Market With 61 Percent Share
A new study by Pi42 and Hashed Emergent shows that Gen Z investors account for 61 percent of crypto futures traders in India. The report highlights rising participation from women and strong growth in non-metro regions. With increasing trade sizes and daily activity, the findings point to a maturing retail trading ecosystem and a broader shift in h...
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South Korean Crypto Exchange Gives Rs 3.62 Lakh Crore In Big Bitcoin Error
Instead of giving winners about 2,000 Korean won (Rs 123), the system ended up distributing at least 2,000 bitcoins to each of 695 accounts. This amounted to around 620,000 bitcoins. At today's value, it's worth over Rs 3.62 lakh crore.
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UK to Recognise Crypto as Property After Lawmakers Approve Landmark Bill
The UK has passed the landmark Property (Digital Assets etc) Act 2025 that formally recognises crypto as property, giving courts stronger authority over asset recovery, fraud cases, and commercial disputes. Industry bodies, including Bitcoin Policy UK and CryptoUK, have welcomed the development, calling it a key milestone for regulated digital asse...
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Bitcoin Price Slumps to $89,900 as Fear, Caution Grip Crypto Market
Bitcoin fell below $90,000 as selling pressure deepened across the crypto market, driven by ETF outflows, tightening macro conditions and aggressive deleveraging. Altcoins also slid sharply, with Ethereum, Solana and BNB losing key support levels. Analysts noted the downturn marks a late-stage correction rather than a structural breakdown, though s...
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Kadena Ceases Operations, Says Blockchain Will Run After Foundation Shuts
The Kadena Foundation is shutting down due to market challenges and the inability to sustain development. Despite the closure, the blockchain will continue under the care of independent miners and community developers. Over 566 million KDA tokens remain for mining rewards, and 83.7 million are scheduled for unlock in 2029. A small team will manage ...
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Income Tax Department Said to Target Over 400 Wealthy Binance Traders in Major Tax Evasion Crackdown
The tax authorities have launched an extensive investigation into over 400 wealthy Binance users for possible tax evasion between 2022 and 2025. Officials are examining peer-to-peer trades and payments via banks, Google Pay, and cash. Binance’s re-entry in 2024, following a $2.25 million (Rs. 20 crore) fine and registration with the FIU, has give...
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Singapore Court Approves WazirX Restructuring Plan Following $234 Million Hack
The Singapore High Court has approved WazirX’s revised restructuring plan following the $234 million hack in 2024. The ruling enables the exchange to restart operations and repay over 150,000 users through recovery tokens. The hack, traced to North Korea’s Lazarus Group, forced a halt in withdrawals. The decision marks a key step toward restori...
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Bitcoin Tests $121,000 Support, Ethereum Steadies Despite Market Cool-Off
Bitcoin and Ethereum cooled slightly on Wednesday after hitting fresh highs earlier this week, with BTC trading near $121,000 and ETH around $4,400. Analysts say the pullback reflects healthy consolidation as institutional inflows and macroeconomic cues continue to support momentum. Altcoins also saw mixed moves, with Binance Coin and Solana holdin...
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RBI to Introduce Pilot for Deposit Tokenisation Using CBDC Layer: Report
The Reserve Bank of India is set to begin a pilot for deposit tokenisation, leveraging the wholesale CBDC as its base. The initiative will test blockchain-based deposits for improved speed, security, and transparency in regulated financial markets. Officials also plan to explore tokenising money market instruments, including commercial papers, as p...
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Philippine Lawmaker Proposes Strategic Bitcoin Reserve to Tackle National Debt
The Philippines is thinking about setting up a Strategic Bitcoin Reserve to help with its rising debt. Congressman Miguel Luis Villafuerte came up with the idea for the bill, which says that the government must buy 10,000 BTC over five years and hold it for 20 years, only using it to pay off debt. It comes after the US launched its reserves, while ...
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Gen Z Reportedly Dominates India’s Crypto Futures Market With 61 Percent Share
A new study by Pi42 and Hashed Emergent shows that Gen Z investors account for 61 percent of crypto futures traders in India. The report highlights rising participation from women and strong growth in non-metro regions. With increasing trade sizes and daily activity, the findings point to a maturing retail trading ecosystem and a broader shift in h...
-
South Korean Crypto Exchange Gives Rs 3.62 Lakh Crore In Big Bitcoin Error
Instead of giving winners about 2,000 Korean won (Rs 123), the system ended up distributing at least 2,000 bitcoins to each of 695 accounts. This amounted to around 620,000 bitcoins. At today's value, it's worth over Rs 3.62 lakh crore.
-
UK to Recognise Crypto as Property After Lawmakers Approve Landmark Bill
The UK has passed the landmark Property (Digital Assets etc) Act 2025 that formally recognises crypto as property, giving courts stronger authority over asset recovery, fraud cases, and commercial disputes. Industry bodies, including Bitcoin Policy UK and CryptoUK, have welcomed the development, calling it a key milestone for regulated digital asse...
-
Bitcoin Price Slumps to $89,900 as Fear, Caution Grip Crypto Market
Bitcoin fell below $90,000 as selling pressure deepened across the crypto market, driven by ETF outflows, tightening macro conditions and aggressive deleveraging. Altcoins also slid sharply, with Ethereum, Solana and BNB losing key support levels. Analysts noted the downturn marks a late-stage correction rather than a structural breakdown, though s...
-
Kadena Ceases Operations, Says Blockchain Will Run After Foundation Shuts
The Kadena Foundation is shutting down due to market challenges and the inability to sustain development. Despite the closure, the blockchain will continue under the care of independent miners and community developers. Over 566 million KDA tokens remain for mining rewards, and 83.7 million are scheduled for unlock in 2029. A small team will manage ...
-
Income Tax Department Said to Target Over 400 Wealthy Binance Traders in Major Tax Evasion Crackdown
The tax authorities have launched an extensive investigation into over 400 wealthy Binance users for possible tax evasion between 2022 and 2025. Officials are examining peer-to-peer trades and payments via banks, Google Pay, and cash. Binance’s re-entry in 2024, following a $2.25 million (Rs. 20 crore) fine and registration with the FIU, has give...
-
Singapore Court Approves WazirX Restructuring Plan Following $234 Million Hack
The Singapore High Court has approved WazirX’s revised restructuring plan following the $234 million hack in 2024. The ruling enables the exchange to restart operations and repay over 150,000 users through recovery tokens. The hack, traced to North Korea’s Lazarus Group, forced a halt in withdrawals. The decision marks a key step toward restori...
-
Bitcoin Tests $121,000 Support, Ethereum Steadies Despite Market Cool-Off
Bitcoin and Ethereum cooled slightly on Wednesday after hitting fresh highs earlier this week, with BTC trading near $121,000 and ETH around $4,400. Analysts say the pullback reflects healthy consolidation as institutional inflows and macroeconomic cues continue to support momentum. Altcoins also saw mixed moves, with Binance Coin and Solana holdin...
-
RBI to Introduce Pilot for Deposit Tokenisation Using CBDC Layer: Report
The Reserve Bank of India is set to begin a pilot for deposit tokenisation, leveraging the wholesale CBDC as its base. The initiative will test blockchain-based deposits for improved speed, security, and transparency in regulated financial markets. Officials also plan to explore tokenising money market instruments, including commercial papers, as p...
-
Philippine Lawmaker Proposes Strategic Bitcoin Reserve to Tackle National Debt
The Philippines is thinking about setting up a Strategic Bitcoin Reserve to help with its rising debt. Congressman Miguel Luis Villafuerte came up with the idea for the bill, which says that the government must buy 10,000 BTC over five years and hold it for 20 years, only using it to pay off debt. It comes after the US launched its reserves, while ...
