India’s Goods and Services Tax (GST) authorities have reported a $99.1 million tax evasion case involving 17 cryptocurrency exchanges operating in the country. Nest Services Ltd., a company linked to Binance Group, stands out as one of the most significant offenders. The firm is accused of evading $86.8 million in GST. India Recovers $14.7M in...Read More
A record 35.5% of BNB Chain’s blocks were affected by Sandwich attacks in November. Over the past week alone, 645 Sandwich Bots were found to be active on the chain. In total, roughly 43,400 DEX traders were impacted during the entire ordeal. Sandwich Bots Exploit BNB Chain According to data compiled by Dune Analytics, the...Read More
Cardano (ADA) recently put the crypto market on notice as it skyrocketed from $0.31 to $1.3 for the first time since 2021. Tron (TRX) has matched the incredible price pump of ADA, pumping by more than 100% to set a new all-time high (ATH). While TRX holders are celebrating their first ATH in more than...Read More
Tyler Winklevoss, co-founder of the Gemini crypto exchange, has declared that his company will adopt the same policy as Coinbase, cutting ties with any law firms or entities that hire former U.S. Security and Exchange Commission (SEC) officials associated with alleged overreach against the digital asset industry. His decision comes in the wake of Coinbase...Read More
Charles Hoskinson, the founder of IOG – the organization between the Cardano ecosystem, has informed that the Cardano Foundation’s X account has been compromised by bad actors. They posted a tween about an SEC lawsuit, claiming that the Foundation will cease its support for ADA. The false statement begins by explaining that the US Securities...Read More
The 11 spot Bitcoin ETFs in the States continue to enjoy substantial investor demand following the presidential elections, with another week of multi-billion dollar net inflows. This time, the same can and will be said about the spot Ethereum ETFs, which finally emerge as attractive investment tools. BTC ETF Inflows Rockets The previous business week...Read More
A Web3 enthusiast might say those very words about a blockchain smart contract. Jon Collins-Black, a lifelong fan of fantasy novels and games, has used a portion of his early Bitcoin investments, worth some $2 million at the average BTC price today, to fill five treasure chests hidden throughout the United States. Millionaire Bitcoin investor hides crypto prizes...Read More
Being the biggest cryptocurrency by market cap with a substantial different, BTC led the pack after Donald Trump won the US elections by skyrocketing from $68,000 to over $90,000 within weeks. This was somewhat expected, given Trump’s pro-bitcoin stance during his campaign as he appeared at the annual BTC conference in the States and even...Read More
