The Indian Government has concluded plans to tax 30% on all crypto earnings starting 1 April 2022. According to reports, the Central Board of Direct Taxes (CBDT) chairman JB Mohapatra, said an additional 1% tax deducted at source (TDS) is scheduled to be implemented on 1 July 2022. Today’s income tax collection of Rs 13.63 […]
An unauthorized third party has gained access to client’s data on crypto lending platform, BlockFi, the company reported Saturday in a series of tweets. Several customer information was leaked, including names, emails and phone numbers for a “majority” of its clients. According to the platform, the security breach occurred through one of its third-party vendors, […]
The Australian Competition and Consumer Commission (ACCC) is suing Meta, formerly known as Facebook for promoting what it called fake crypto ads. The regulator alleges that the company engaged in “false, misleading or deceptive conduct” by publishing scam celebrity crypto ads. The “scam” ads featured Australian public figures such as entrepreneur Dick Smith, TV host […]
Bitcoin and Ether showed strong gains as the hope of a peaceful agreement between Ukraine and Russia grows. Global stock markets followed suit and a lot will now depend on whether President Zeleynski of Ukraine and President Putin of Russia are able to strike a deal which will let markets concentrate on more normal things […]
Waves, the crypto coin with strong Russian and Ukrainian ties which we pointed out to you over the weekend already, continues a strong surge upwards and today wins another 17%. Perhaps it is indeed because Russians are parking their money in this coin in order not to get wiped out by a devaluating ruble, perhaps it […]
With inflation running at a 40 year high in the US (it hit 7.9%) and the Federal Reserve expected to announce a heightening of interest rates soon, it is no surprise that on Monday, Tesla CEO Elon Musk and MicroStrategy CEO Michael Saylor got into a debate about Bitcoin and crypto holdings. Knowing that Saylor […]
Bitcoin had an uneventful weekend mostly, with many commentators now longing for the days of high volatility apparently. Multiple were the social media commentators who stated that Bitcoin had become ‘boring’ in these last few days. New York Mayor bought the dip The S&P500, the stock market index that tracks the 500 most traded stocks […]
Waves, the Russian cryptocoin created by Ukrainian born Sasha Ivanov, has risen ever since the start of the war. The coin, dubbed by some as the ‘Russian Ethereum’ is up already 50% over the past week and seems to attract ever more buyers and headlines. Perhaps this is where young Russians are parking their rubles? Meanwhile Bitcoin misses […]
Bitcoin went into the weekend at a price of around $39k, with no clear direction and, just like stock markets, seemingly waiting for a ceasefire in Ukraine. A hedge fund on Wall Street seems to have found a way to shorten Tether and the UK closed its Bitcoin ATMs, the cryptoshere was not amused. Shorting […]
Bitcoin did a good old ‘Bart Simpson’ pattern (aka doing the Bartman), the European Commission confirmed the importance of crypto and Russians face record inflation. The world’s biggest cryptocoin followed the classic Bart Simpson pattern, meaning it spiked up earlier this week, stayed there for a day and then followed the same path down again. […]
