The evasion of Goods and Services Tax (GST) by crypto exchanges was figured in the Indian Parliament on March 28. Minister of State for Finance Pankaj Chaudhary informed that 11 such digital asset platforms were fined for tax evasion in 2021-22. Tax Evasion by Crypto Exchanges The total tax evasion by these companies amounted to Rs....Read More
Crypto ETP issuer ETC Group has announced the launch of three crypto exchange-traded products tracking the performance of Avalanche, Cosmos, and Polygon. New Crypto Investment Vehicles According to a report by ETF Stream, the latest investment vehicles – ETC Group Physical Avalanche ETP (AVAL), the ETC Group Physical Cosmos ETP (ATME), and the ETC Group...Read More
The continued investments from some of the most high-profile financial juggernauts in Canada reflect a belief that institutional adoption of crypto and blockchain will keep growing. This western Candian province, which boasts a rich entrepreneurial history, is now looking to play a crucial role in the digital asset industry. Alberta to Becoming Crypto Hub? According...Read More
The anonymous hacker behind the theft of over $50 million from the Solana-based stablecoin protocol Cashio has set some conditions for returning the stolen funds to affected users. The Cashio hacker has set forth conditions for returning funds stolen from the decentralized platform. Data from Etherscan shows someone in control of the wallet linked to...Read More
By Heidi Wilder, Senior Associate, Coinbase Special Investigations Team Intro Bitcoin and many other cryptocurrencies are often referred to as pseudonymous. Everyone can view records on a public ledger, but not necessarily know who’s behind each address or transaction. But what does pseudonymity look like in practice? How are cryptocurrencies tracked? And can you really...Read More
Two wallets by Robinhood hold around $6 billion worth of Dogecoin (DOGE) for its customers. This is evident by a report from Dogecoin Whale Alert, a site dedicated to analyzing real-time transactions on the DOGE blockchain and tracking transfers of 4M DOGE or more. According to the data collected by Dogecoin Whale Alert, Robinhood wallet333495...Read More
The United States Government Accountability Office (GAO) recently assessed the financial/ non-financial risks and benefits that blockchain technology can provide. It identified four policy options that various institutions could adopt to help enhance the noted advantages while mitigating risks. The Blockchain Technology Assessment Released on Wednesday, the assessment’s recommendations are targeted toward local/ state governments,...Read More
Decentralized exchanges have many advantages when trading crypto. That’s why they’re experiencing a massive uprise lately. Crypto traders want anonymity, safety, and total control over their coins. That’s exactly what a DEX can offer. Learn all you need to know to get started here. If you’re in the world of trading you’ve probably heard of...Read More
[PRESS RELEASE – Hong Kong, Hong Kong, 28th March 2022,] Wombat Exchange, a hyper-efficient multichain stableswap backed by Binance, has successfully closed a $5.25 million Series A funding round led by Animoca Brands and Hailstone Ventures. Additional investors in the round included BNB Chain, TPS Capital, GSR, Zokyo, Lunar Station, Eureka Trading, Silverstone, Unanimous Capital,...Read More
[PRESS RELEASE – Please Read Disclaimer] PrimeXBT has a proven track record of continuously expanding its product offering across innovative features, advanced tools, and popular trading instruments. Over the years, we’ve added to our extensive set of traditional assets and grown our crypto offering. This time, we are once again focusing on highly in-demand digital...Read More
Over the last weekend, short positions in the crypto market have jumped where they are expecting consolidation after the market’s latest rally. The total market capitalization has surged 12% in the last seven days and is currently positioned at $2 trillion with an increase of more than 4% in the last 24hrs. The current positive...Read More
Coinbase is reportedly close to finalizing a deal that would see it acquire Brazil’s largest cryptocurrency exchange following year-long negotiations. According to a local newspaper that didn’t disclose its sources, the leading US-based cryptocurrency exchange – Coinbase – is close to acquiring 2TM. The latter is a holding that controls the largest crypto brokerage in...Read More
