India’s burgeoning cryptocurrency scene has been met with increasing skepticism and scrutiny from governmental authorities. In a striking development, authorities have identified a staggering $99.1 million in tax evasion linked to 17 cryptocurrency exchanges. This revelation underscores the ongoing challenges faced by the Indian government in regulating a vibrant yet chaotic digital asset market. As
Crypto
In the fast-evolving world of decentralized finance (DeFi), innovation and vulnerability seem to walk hand in hand. The recent data revealing that a staggering 35.5% of blocks on BNB Chain were compromised by Sandwich attacks in November raises alarm bells for traders and developers alike. Over the course of one week, 645 Sandwich Bots infiltrated
In a striking turn of events, PEPE, the cryptocurrency that has garnered significant attention and enthusiasm, has announced its resurgence by achieving a remarkable 20% surge within a mere 24 hours. This trajectory places PEPE at a new apex of $0.00002622, following a bull rally that initially ignited in early November 2023. A pivotal factor
In a strong show of confidence in cryptocurrency, Semler Scientific, a healthcare technology provider, has amplified its investments by purchasing $30 million worth of Bitcoin. This acquisition has raised their total holdings to an impressive 1,873 BTC. The company acquired 303 BTC between late November and early December, with the average purchase price standing at
The world of cryptocurrency is often characterized by unpredictable price fluctuations, and Bitcoin exemplifies this phenomenon as it recently soared to $102,000 before experiencing a dramatic pullback. Following a turbulent week for the leading digital asset, Bitcoin’s journey has been a testament to both its volatility and resilience. After encountering bearish trends at the beginning
The landscape of cryptocurrency regulation is becoming increasingly contentious, particularly in the wake of actions taken by the U.S. Securities and Exchange Commission (SEC) against major players like Binance and its former CEO, Changpeng Zhao. By filing a lawsuit to address allegations of operating an unregistered securities exchange, the SEC is not only pursuing enforcement
In an audacious turn of events, El Salvador has positioned itself at the forefront of the cryptocurrency revolution by adopting Bitcoin (BTC) as legal tender. The decision made in 2021 has led to a significant financial portfolio for the Central American nation, marking the country as a testing ground for the potential of digital currencies.
In a notable turn of events, the Financial Times (FT) has generated significant debate within the cryptocurrency community by issuing an apology on December 5, 2024, following Bitcoin’s rise to over $100,000. This surprising move, framed within an article by City Editor Bryce Elder on FT Alphaville, triggered reactions ranging from skepticism to outright derision
The Pudgy Penguins NFT project has garnered considerable attention within the blockchain community, reflecting the growing importance of digital assets in contemporary culture. Originally launched on the Ethereum blockchain, the Pudgy Penguins collection has set its eyes on innovation with the impending launch of its own cryptocurrency, Pengu. This move not only highlights the project’s
In the ever-evolving world of cryptocurrency, users are increasingly falling prey to sophisticated social engineering attacks. A recent case involving a user known as “LeftsideEmiri” brings to light the precarious nature of digital assets and the lengths scammers will go to exploit unsuspecting individuals. This particular incident unfolded just before the holiday season, highlighting a
