Category: Latest News

A big report came in news about the Indian cryptocurrency exchange WazirX. According to reports WazirX has reduced its almost 40% workforce and the reason behind this is a sharp drop in revenues from its cryptocurrency trading platform. After this decision of WazirX more than 40-50 employees are affected. Before this decision, there were around […]

Gavin Newsom the governor of California has vetoed a proposed bill to create a licensing framework for crypto companies in the state. Last month this bill was sponsored by the Democrat Assemblyman Tim Grayson and passed by the state assembly and senate. According to reports, this digital financial assets law will create a much-needed framework […]

After the introduction of Non-fungible tokens called NFTs, many brands and celebrities have shown their interest in NFT tokens. Now another big brand famous for its coffee, Starbucks is going to join the NFT marketplace. According to different articles published on major crypto websites, Starbucks is going to offer an NFT-based loyalty program using Ethereum […]

The price of Bitcoin and other altcoins is continuously falling since June 2022. Before this freefall, the price of Bitcoin was more than $30K in June but now its current price is around $18,751. According to an article published on Cryptodaily, the PoolinWallet is suspending all withdrawals from their wallet. PoolinWallet is a wallet service […]

We have seen many cases of cryptocurrency scams where scammers had stolen hard-earned money from innocent investors. But now this time a cryptocurrency exchange founder has scammed its own platform’s users. Isn’t it scary? Yes, it’s true. A Turkish crypto exchange Thodex’s founder, Faruk Faith Ozer fled away after stealing $2 billion from their own […]

Recently a piece of unbelievable news came from the cryptocurrency market. A cryptocurrency exchange firm accidentally sent $10.5 million to Australian women rather than $100 and the amazing thing is they didn’t catch their mistake for seven months. Yes, it’s true. According to an article published in Business Insider, a famous cryptocurrency firm Crypto.com made […]

Now you can get Dogecoin and Ethereum at your local grocery stores. Yes, it’s true. Coinstar has allowed its customers to get Dogecoin Ethereum at any local supermarket store through its Coinstar kiosk. Coinstar has already allowed its customers to acquire Bitcoin (BTC) through its kiosks since 2019. The company has partnered with Coinme cryptocurrency […]

On Tuesday (16 Aug 2022) a total of 1062 Ethereum whose value was approx. $1,955,815 was burned from the Ethereum transactions to remove it from circulation. What is Crypto Burning? Crypto-burning is the process of sending the coin or token to an unusable wallet to remove it completely from circulation. Why Ethereum Burning Matters? On […]

A few days ago Enforcement Directorate has taken strict action against crypto exchange WazirX operated by Zanmai Labs. Now another piece of news came from the cryptocurrency industry. Vauld crypto exchange is now under the scanner of the Enforcement Directorate. According to news sources, Enforcement Directorate has frozen assets worth ₹ 370 crores of the […]

On Friday a big news came for Indian cryptocurrency users, especially for WazirX customers. Enforcement Directorate of India issued a statement in which they said, they have frozen the bank accounts of WazirX with the balance of 64.67 crores. In ED’s reports, they found strong evidence against Zanmai Labs the main operating company of WazirX […]

One of the most popular blockchains Solana has become the latest victim of the cryptocurrency hack. Solana blockchain’s popularity was increasing due to its fast and secure technology. But now unknown hackers have drained over $8 million worth of crypto assets from more than 8000 Solana-based ‘hot’ wallets. Some of them are Phantom, Slope, and […]

Ethereum’s Mainnet Tenth ‘Shadow Fork’ is live now from 26th July, Tuesday hours earlier than expected. The network continuously runs tests ahead of the anticipated shift from using the energy-intensive proof-of-work protocol to proof-of-stake. In this test, the developers focused more on testing key releases similar to the ones in the upcoming Goerli merge. This […]

In India, the government has imposed a 30% tax on capital gain from cryptocurrency investment along with 1% TDS on each transaction. Apart from this thought taxation policy, some people are proving that the craze of cryptocurrency is the same in people as before new tax laws. This crypto craze has been seen in a […]

Following the global crypto boom, the Securities and Exchange Board of India (SEBI) has called for the exclusion of prominent public figures in crypto product endorsements. This suggestion comes following concerns that celebrity endorsers may mislead investors into thinking cryptocurrencies are more stable than they actually are. In reality, though, crypto in its nature is […]