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$173 million lost in crypto so far in November: Report

$173 million lost in crypto so far in November: Report

Mon, Nov 20, 2023

Hackers have stolen over $114 million from Poloniex after its “hot wallets” were drained by cyber-criminals.

ITR filing for crypto investors: 3 key points to keep in mind

ITR filing for crypto investors: 3 key points to keep in mind

Sat, Jul 29, 2023

Two forms are the stars of the show: ITR-2 and ITR-3. ITR-2 is your go-to form if you have made capital gains from cryptocurrency, but don't possess business income. With the last day of the income tax filing deadline today (July 31), also keep points in the mind suggested in the write-up.

Has Ratan Tata invested in cryptocurrency? He says it is 'absolutely untrue'

Has Ratan Tata invested in cryptocurrency? He says it is 'absolutely untrue'

Wed, Jun 28, 2023

Ratan Tata’s post came after many reports claimed that he had invested in cryptocurrency. “If you see any article or ads mentioning my association with cryptocurrency, there are absolutely untrue and meant to scam citizens”, he wrote.

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Explained: Do you need to report cryptocurrency income in ITR? All you need to know about Virtual Digital Asset (VDA) rules

Explained: Do you need to report cryptocurrency income in ITR? All you need to know about Virtual Digital Asset (VDA) rules

Sat, Jun 24, 2023

Cryptocurrency income is considered taxable in India, and it is important to understand the tax implications and reporting requirements. Under the new rules, cryptocurrency income needs to be reported under the ‘Schedule VDA’ in ITR Form 2.

Another crypto exchange bites dust as Bittrex files for bankruptcy

Another crypto exchange bites dust as Bittrex files for bankruptcy

Tue, May 09, 2023

Bittrex, which was also sued by the US Securities and Exchange Commission (SEC), has more than 100,000 creditors, with estimated liabilities and assets both within the $500 million to $1 billion range, according to a court filing.

G20 meet: FM Nirmala Sitharaman says crypto issue requires immediate attention

G20 meet: FM Nirmala Sitharaman says crypto issue requires immediate attention

Sat, Apr 15, 2023

The minister noted that there was consensus among G20 members to have a globally coordinated policy response on crypto assets that takes into consideration the full range of risks, including those specific to emerging markets and developing economies

FTX founder Bankman-Fried charged with paying $40 million bribe to China

FTX founder Bankman-Fried charged with paying $40 million bribe to China

Tue, Mar 28, 2023

The charge of conspiracy to violate anti-bribery provisions of the Foreign Corrupt Practices Act raises to 13 the number of charges Bankman-Fried faces after he was arrested in the Bahamas in December and brought to the United States soon afterward

US stock market: Wall Street stocks slip as worries worsen about banks

US stock market: Wall Street stocks slip as worries worsen about banks

Fri, Mar 17, 2023

The Dow Jones Industrial Average was down 229 points, while the NASDAQ composite was 0.2 per cent lower

Bitcoin, Ethereum, Dogecoin and others bite dust as Silvergate pulls the rug out from under crypto business

Bitcoin, Ethereum, Dogecoin and others bite dust as Silvergate pulls the rug out from under crypto business

Fri, Mar 10, 2023

Silvergate Capital Corp has decided to shut down its crypto business and is voluntarily liquidating

Editor's Take: Crypto Traders Suffer Over $300M Losses In Liquidations Amid Market Crash, Silvergate Becomes Latest Victim

Editor's Take: Crypto Traders Suffer Over $300M Losses In Liquidations Amid Market Crash, Silvergate Becomes Latest Victim

Fri, Mar 10, 2023

Bitcoin reached a 9-year low. Why the massive 9% drop in Crypto? Must watch this video of Anil Singhvi.

Twitter CEO Elon Musk switches interest from cryptocurrency to Artificial Intelligence

Twitter CEO Elon Musk switches interest from cryptocurrency to Artificial Intelligence

Sun, Mar 05, 2023

Elon Musk, who recently bought the microblogging site Twitter, tweeted on Friday: "I used to be in crypto, but now I got interested in AI."

New tax regime to benefit middle class, reiterates FM Sitharaman – here’s what she said on cryptocurrency and Adani-Hindenburg row

New tax regime to benefit middle class, reiterates FM Sitharaman – here’s what she said on cryptocurrency and Adani-Hindenburg row

Sat, Feb 11, 2023

Under the revamped concessional tax regime, which will be effective from the next fiscal, no tax would be levied on income up to Rs 3 lakh.

‘Nothing but gambling’: What RBI Governor Shaktikanta Das said on cryptos? Explains how central bank’s digital currency is different

‘Nothing but gambling’: What RBI Governor Shaktikanta Das said on cryptos? Explains how central bank’s digital currency is different

Sat, Jan 14, 2023

“Since we don't allow gambling in our country, and if you want to allow gambling, treat it as gambling and lay down the rules for gambling. But crypto is not a financial product,” Das asserted.

International regulation needed for crypto activities, says RBI

International regulation needed for crypto activities, says RBI

Mon, Jan 02, 2023

Noting that there is turmoil in crypto assets market, the Reserve Bank of India (RBI) has suggested a framework for international regulation of such crypto activities.

Why Is The Crypto Market Going Down? How Was The Year 2022 For Cryptocurrency?

Why Is The Crypto Market Going Down? How Was The Year 2022 For Cryptocurrency?

Tue, Dec 20, 2022

How was the year 2022 for Cryptocurrency? Why is the crypto market going down? Know full details from Arman Nahar.

Is It Safe To Invest In Cryptocurrency? What Happened To Crypto Exchange FTX? Ajay Bagga Explains

Is It Safe To Invest In Cryptocurrency? What Happened To Crypto Exchange FTX? Ajay Bagga Explains

Mon, Nov 14, 2022

Why is there panic in the crypto market? Is It Safe To Invest In Cryptocurrency? How much risk in crypto? Know the complete analysis on Cryptocurrency from Elyments Platforms, Chairman and Market Expert Ajay Bagga.

'Unauthorised transactions' drained millions from FTX crypto exchange - check rise & fall

'Unauthorised transactions' drained millions from FTX crypto exchange - check rise & fall

Sun, Nov 13, 2022

FTX, which last week filed for bankruptcy in the US, did not reveal how much it lost in unauthorised transactions but reports claimed the amount could be as high as $600 million.

Editor's Take: Why Cryptocurrency Prices Drop Sharply! Could FTX’s Collapse Signal Even Tougher Times For Crypto?

Editor's Take: Why Cryptocurrency Prices Drop Sharply! Could FTX’s Collapse Signal Even Tougher Times For Crypto?

Thu, Nov 10, 2022

Why there was profit-booking in the US market yesterday? Why there was a big drop in cryptocurrency yesterday? Why is there concern in crypto? What is the relief news from crude? Know from Anil Singhvi.

Digital Rupee Pilot Launch: How It Is Different from Cryptocurrency? | CBDC | RBI

Digital Rupee Pilot Launch: How It Is Different from Cryptocurrency? | CBDC | RBI

Tue, Nov 01, 2022

India's first digital rupee pilot project has been rolled out by the Reserve Bank of India. The digital rupee (e₹) will be used for issuing virtual currency for transactions in government securities.

What Is CBDC E-Rupee And Why There Is A Need For It? Watch To Know Details

What Is CBDC E-Rupee And Why There Is A Need For It? Watch To Know Details

Tue, Nov 01, 2022

RBI launched pilot project of 'e-Rupee'. What Is CBDC 'e-Rupee'? Why there is a need for CBDC 'e-Rupee'? What is the difference between CBDC and Cryptocurrency? Know full details from Nupur.

Sitharaman says India aims at developing tech driven regulatory framework for cryptocurrency during G20 presidency

Sitharaman says India aims at developing tech driven regulatory framework for cryptocurrency during G20 presidency

Sun, Oct 16, 2022

India will assume the Presidency of the G20 for one year from December 1, 2022 to November 30, 2023. Under its Presidency, India is expected to host over 200 G20 meetings across the country, beginning December 2022.

Instant loan app racket: Beware of these apps! Delhi Police Special Cell releases names after China connection found| Full List

Instant loan app racket: Beware of these apps! Delhi Police Special Cell releases names after China connection found| Full List

Sun, Aug 21, 2022

Instant loan app racket: According to the report by special cell Delhi, the instant loan app includes Raise cash app, PP money app, Rupees master app, Cash ray app, Mobipocket app, Papa money app, Infinity cash app and more. Here's the full list.

Instant loan app racket busted! Rs 500 cr sent to China via Hawala, cryptocurrency; 22 held for involvement in over 100 such apps

Instant loan app racket busted! Rs 500 cr sent to China via Hawala, cryptocurrency; 22 held for involvement in over 100 such apps

Sun, Aug 21, 2022

Loan app scam: In the last two months, 22 people were arrested. The arrested individuals were working on the behest of Chinese nationals. According to a statement of an official on Saturday, the money was being routed to China through the hawala route or crypto-currency.

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