Cryptos

CoinDCX has released a report that seeks reform in India's crypto tax regime. The crypto exchange's latest report is titled 'Redesigning TDS for Transparency and Compliance’ and highlights areas where reforms can be ushered in by the government.

In its suggestion to the government, the Indian markets regulator SEBI said it could oversee cryptocurrencies that can be seen as securities as well as keep an eye on Initial Coin Offerings (ICOs). Leader of India’s digital asset sectors have reacted to SEBI’s suggestions rather positively.

A self-proclaimed Canadian "Crypto King" and an associate who received more than C$40 million ($29.4 million) from investors have been arrested and charged with fraud, police said on Wednesday.

Bitcoin price on Friday rose while the overall crypto market cap incurred a loss of 0.90 percent over the last 24 hours. Ether, Dogecoin, Ripple, and Bitcoin Cash are among popular cryptocurrencies trading in the losses as of May 17.

The overall crypto market cap dropped by 0.36 percent in the last 24 hours. Bitcoin saw a slight but notable price surge in the last 24 hours. It's trading at $67,070 (roughly Rs. 55.8 lakh) on international exchanges like CoinMarketCap. Ether, on the other hand, has registered losses and is trading at $3,088 (roughly Rs. 2.57 lakh).

Anton and James Peraire-Bueno, aged 24 and 28 respectively, allegedly manipulated the Ethereum blockchain in a mere 12 seconds

Mastercard has onboarded five new startups to be part of its Web3-focussed Smart Path programme. France-based startup Kulipa joined UK-based Parfin and Singapore’s Peaq to be handpicked by Mastercard for the Start Path programme, alongside Belgium-based Venly and US-based Triangle.

Alexey Pertsev, the developer of controversial crypto mixer Tornado Cash, has reportedly been found guilty of laundering unlawful funds via the platform. Prosecutors have blamed the developer for not doing enough to restrict crypto criminals from exploiting the Tornado Cash platform.

The overall crypto market cap dropped by 1.45 percent in the last 24 hours. BTC and ETH continue to exhibit choppy price action, remaining within a range and experiencing liquidations on both sides. Cosmos, Cronos, and Stellar also recorded losses.

The Coinbase app and website are experiencing an outage. In a message being displayed on the platform, Coinbase has claimed that its users need not worry about their funds because of this outage.

The Bharat Web3 Association (BWA) recently hosted its first ever training and awareness workshop on the Prevention of Money Laundering Act (PMLA). The aim of this meeting was to open dialogues on the steps that could prevent the misuse of cryptocurrencies for unlawful activities like money laundering and terror financing.

Dogeverse, the latest entrant into the memecoin market, has managed to raise $15 million in its Initial Coin Offering (ICO). The $DOGEVERSE token has taken the crypto market by storm and is set to be launched on six different blockchains.

Mudrex has teamed up with ClearTax to help users file their crypto taxes. As part of this partnership, the trader and investor communities using Mudrex will get an access to the tax computing solutions offered by ClearTax at a nominal fee.

In the last 24 hours, the valuation of the crypto market dipped by 1.26 percent. Majority altcoins reflected losses on Monday, May 13. These include Ether, Polkadot, Cardano, and Dogecoin.

Canada is the latest country that has taken action against crypto exchange Binance. The reason cited for the $ 4 million fine is Binance’s violation of Canada’s anti-money laundering rules while conducting its operations in 2023.

CoinDCX has released a report that seeks reform in India's crypto tax regime. The crypto exchange's latest report is titled 'Redesigning TDS for Transparency and Compliance’ and highlights areas where reforms can be ushered in by the government.

In its suggestion to the government, the Indian markets regulator SEBI said it could oversee cryptocurrencies that can be seen as securities as well as keep an eye on Initial Coin Offerings (ICOs). Leader of India’s digital asset sectors have reacted to SEBI’s suggestions rather positively.

A self-proclaimed Canadian "Crypto King" and an associate who received more than C$40 million ($29.4 million) from investors have been arrested and charged with fraud, police said on Wednesday.

Bitcoin price on Friday rose while the overall crypto market cap incurred a loss of 0.90 percent over the last 24 hours. Ether, Dogecoin, Ripple, and Bitcoin Cash are among popular cryptocurrencies trading in the losses as of May 17.

The overall crypto market cap dropped by 0.36 percent in the last 24 hours. Bitcoin saw a slight but notable price surge in the last 24 hours. It's trading at $67,070 (roughly Rs. 55.8 lakh) on international exchanges like CoinMarketCap. Ether, on the other hand, has registered losses and is trading at $3,088 (roughly Rs. 2.57 lakh).

Anton and James Peraire-Bueno, aged 24 and 28 respectively, allegedly manipulated the Ethereum blockchain in a mere 12 seconds

Mastercard has onboarded five new startups to be part of its Web3-focussed Smart Path programme. France-based startup Kulipa joined UK-based Parfin and Singapore’s Peaq to be handpicked by Mastercard for the Start Path programme, alongside Belgium-based Venly and US-based Triangle.

Alexey Pertsev, the developer of controversial crypto mixer Tornado Cash, has reportedly been found guilty of laundering unlawful funds via the platform. Prosecutors have blamed the developer for not doing enough to restrict crypto criminals from exploiting the Tornado Cash platform.

The overall crypto market cap dropped by 1.45 percent in the last 24 hours. BTC and ETH continue to exhibit choppy price action, remaining within a range and experiencing liquidations on both sides. Cosmos, Cronos, and Stellar also recorded losses.

The Coinbase app and website are experiencing an outage. In a message being displayed on the platform, Coinbase has claimed that its users need not worry about their funds because of this outage.

The Bharat Web3 Association (BWA) recently hosted its first ever training and awareness workshop on the Prevention of Money Laundering Act (PMLA). The aim of this meeting was to open dialogues on the steps that could prevent the misuse of cryptocurrencies for unlawful activities like money laundering and terror financing.

Dogeverse, the latest entrant into the memecoin market, has managed to raise $15 million in its Initial Coin Offering (ICO). The $DOGEVERSE token has taken the crypto market by storm and is set to be launched on six different blockchains.

Mudrex has teamed up with ClearTax to help users file their crypto taxes. As part of this partnership, the trader and investor communities using Mudrex will get an access to the tax computing solutions offered by ClearTax at a nominal fee.

In the last 24 hours, the valuation of the crypto market dipped by 1.26 percent. Majority altcoins reflected losses on Monday, May 13. These include Ether, Polkadot, Cardano, and Dogecoin.

Canada is the latest country that has taken action against crypto exchange Binance. The reason cited for the $ 4 million fine is Binance’s violation of Canada’s anti-money laundering rules while conducting its operations in 2023.