Should India Follow the US and Establish a Bitcoin Reserve? Polygon, Avail Co-Founders Talk to Gadgets 360
US President Donald Trump announced the creation of separate reserves for Bitcoin and other cryptocurrencies in the US last month, in a boost for the digital assets sector. The decision prompted Sweden and South Korea to open dialogue around considering…
OM Token’s Sudden Plummet Stirs Rug Pull Fears, Mantra Blames ‘Sudden Liquidation’
The OM token, the native cryptocurrency of the Mantra blockchain, registered a sudden and drastic drop over the weekend. The token fell by 90 percent in value, from $6 (roughly Rs. 515) to $0.70 (roughly Rs. 60.5), raising alarms across…
Google to Enforce MiCA Compliance for Crypto Ads in the EU With Stricter Policy
Google will update its cryptocurrency advertisement policies in the European Union (EU) to align with the bloc’s MiCA regulations later this month. The EU emerged as one of the world’s first regions to introduce regulations that govern the digital assets,…
Bitcoin Rallies Above $100,000 Ahead of US President-Elect Donald Trump’s Inauguration, Ether Value Falls
Crypto prices are on the rise again, ahead of the inauguration of US President-elect Donald Trump on January 20. On Friday, Bitcoin’s price rose by 2.09 percent on international exchanges to trade at $101,526 (roughly Rs. 87.8 lakh) on global…
Malaysia Considers Crypto, Blockchain Policies After Discussions With UAE Government
Malaysia could soon join other nations that are working on policies that govern the integration of cryptocurrencies and blockchain-related technologies into their financial systems. Earlier this week, Malaysian Prime Minister Datuk Seri Anwar Ibrahim met with UAE officials and Binance…
Crypto Price Today: Bitcoin Falls to $76,000 Amid Escalating Tariff Wars and Market Turmoil
The overall crypto market is bleeding red as tariff wars between the US and other nations continue to rattle investor sentiment. Bitcoin on Monday, April 7 reflected a notable price drop of over eight percent on global exchanges. With this,…
US SEC Says Stablecoins Aren’t Securities That Require Registration
Stablecoin issuers and exchanges got a boost Friday from the Securities and Exchange Commission after the agency’s staff determined that the assets, generally, aren’t securities. That means they won’t have to be registered with the markets regulator. The determination applies…
Crypto Price Today: Bitcoin Climbs Back Above $80,000; Altcoins Remain Stable as Market Volatility Persists
Bitcoin reflected a small loss of 1.30 percent on international exchanges owing to market volatility. On Friday, April 11, Bitcoin reclaimed the $80,000 (roughly Rs. 68.7 lakh) mark after dropping to $76,000 (roughly Rs. 65.3 lakh) earlier this week. According…
Trump Reverses ‘DeFi Broker Rule’ Introduced Under Biden: All Details
The Internal Revenue Service (IRS) will no longer require certain crypto platforms to report transaction data under President Donald Trump’s administration. In a major policy reversal, Trump has signed an executive order nullifying a rule that would have compelled decentralised…
Coinbase, Uniswap Officials to Join Crypto Task Force’s Roundtable on Trading Regulations
The US Securities and Exchange Commission (SEC) is overseeing the creation of crypto regulations as per President Donald Trump’s directives. As part of the process, SEC’s Crypto Task Force has scheduled its second roundtable meeting for April 11. The meeting…
Crypto Price Today: Bitcoin Fails to Break Above $76,700 as Market Dips Amid Tariff Tensions
Bitcoin reflected losses alongside most cryptocurrencies on Wednesday, April 9. The asset dropped by four percent to trade at $76,538 (roughly Rs. 66.2 lakh) on global exchanges. On Indian exchanges as well, Bitcoin value slipped by nearly five percent, bringing…
EU Regulator ESMA Warns of Crypto-Linked Financial Stability Risks
The European Securities and Markets Authority (ESMA) has addressed the risks linked to crypto assets at a time when the sector is seeing growth in the European Union (EU). An ESMA official has highlighted that crypto assets still pose a…
Mastercard, Kraken Team Up to Scale Card-Based Crypto Spending in UK, Europe
Mastercard is taking a significant step toward broadening the use of crypto assets across Europe and the UK. The global payments leader has partnered with crypto exchange Kraken to facilitate card-based crypto payments for everyday purchases. The collaboration was officially…
US Department of Justice Reportedly Shuts National Cryptocurrency Enforcement Team
The US Department of Justice (DoJ) has disbanded the National Cryptocurrency Enforcement Team (NCET) that was established by former US President Joe Biden, according to a report. The members of the unit were informed about the development via an internal…
Binance Partners Worldpay to Bring Fiat-to-Crypto Payments via Apple Pay and Google Pay
Binance has announced a partnership with Worldpay, a leading payment processing company based in Ohio, US. As part of the collaboration, users will be able to purchase cryptocurrencies on Binance using Apple Pay and Google Pay, with transactions routed through…
WazirX’s Restructuring Scheme Approved by Over 93 Percent Creditors, Refunds to Start Soon
Over 93 percent of WazirX’s creditors have voted in favour of the company’s proposed restructuring scheme, marking a key step toward reimbursements following last year’s hack. The announcement was shared in a press release on Monday, April 7, by Zettai…
PayPal, Venmo Expand Crypto Offering with LINK, SOL Tokens Owing to User Feedback
US-based payment platforms PayPal and Venmo have expanded their crypto offering with two new tokens — Chainlink (LINK) and Solana (SOL). PayPal Holdings, Inc., which parents both the platforms, announced the development through an official blog post over the weekend….
Bitcoin Price Hovers Near $102,000 as Altcoins Fluctuate Ahead of Donald Trump Inauguration
Cryptocurrencies prices are fluctuating as the values of digital assets remain volatile, ahead of US President-elect Donald Trump’s swearing-in ceremony that is scheduled to take place later today. Bitcoin’s price dropped by 2.82 percent over the past 24 hours on…
Crypto Price Today: Bitcoin, Ether See Small Gains, Most Altcoins Reflect Profits
Bitcoin reflected small profits on both national as well as international exchanges on Tuesday, April 1. On global exchanges, the most expensive cryptocurrency registered a growth of 2.03 percent in the last 24 hours. As per CoinMarketCap, Bitcoin is currently…
USDC-Issuer Circle Plans IPO, Files Paperwork with US SEC: All Details
Circle, the issuer of the USDC stablecoin, is planning to go public this year. The US-based crypto firm recently filed for an initial public offering (IPO) with the US Securities and Exchange Commission (SEC). If approved, Circle’s stocks will be…
Crypto Price Today: Bitcoin Faces Loss Alongside Most Altcoins Following Trump’s Tariff Decision
The crypto market momentum appears to have slowed down after US President Donald Trump announced new tariffs. On Wednesday, April 3, Bitcoin reflected a price drop of around two percent on international exchanges. Bitcoin price currently stands at $83,577 (roughly…
Kazakhstan and UAE Central Banks Sign MoU to Collaborate on VDA Regulations, CBDCs
Kazakhstan, aiming to advance trials of its digital Tenge CBDC this year, has sought the UAE’s expertise to explore the Web3 sector. In a recent development, the National Bank of Kazakhstan signed an MoU with the Central Bank of the…
Anti-CBDC Bill Cleared by House Financial Services Committee in US: Details
The US is considering rejecting the creation of a Central Bank Digital Currency (CBDC) through the Anti-CBDC Surveillance State Act. Unlike cryptocurrencies, a CBDC is a blockchain-based digital version of fiat currency issued and regulated by a central bank.Republican lawmakers,…
US Stablecoin Regulation Bill Nears Final Approval from House Committee: Key Details
The US is looking to regulate its stablecoin market with comprehensive guidelines. This week, the US House Financial Services Committee passed the proposed stablecoin bill – pushing it to the House floor for a full vote. The committee’s Digital Assets…
Mumbai-Based IT Training Firm Jetking to Raise Over Rs. 6 Crore to Fund Bitcoin Acquisition
Jetking, a Mumbai-based IT training firm, plans to expand its Bitcoin holdings in the coming months. Company CFO Siddharth Bharwani said Thursday Jetking would raise Rs. 6.6 crore by selling 4,28,622 equity shares in compliance with SEBI regulations. The development…
Solana Policy Institute Launched in Washington DC; Kristin Smith Named President
Miller Whitehouse-Levine, former CEO of the US-based DeFi Education Fund has launched the Solana Policy Institute (SPI), a non-partisan, non-profit advocacy group based in Washington, DC. Focused on crypto policy and education, SPI aims to collaborate with US regulators to…
Sony Online Store Begins Accepting USDC via Crypto.com Pay in Singapore
Sony Electronics recently announced that it has begun accepting the USDC stablecoin for payments in Singapore. The electronics giant has teamed up with Crypto.com to facilitate USDC transactions on its online store, it said in an announcement on Wednesday. Crypto.com…
Crypto Assets May Gain Legal Status in Japan as Regulators Aim to Tackle Insider Trading: Report
Japan is reportedly moving to grant legal status to cryptocurrencies by revising the Financial Instruments and Exchange Act to include them as financial products. Led by the Financial Services Agency (FSA), this initiative aims to foster crypto industry growth under…
US CFTC, FDIC Revoke Crypto-Related Restrictions for Banks: All Details
The US Commodity Futures Trading Commission (CFTC) and the Federal Deposit Insurance Corporation (FDIC) revoked crypto-related restrictions that were levied on banks during former President Joe Biden’s administration. The FDIC has announced that financial institutions under its oversight no longer…
US SEC Holds Crypto Task Force Roundtable as Trump Plans Regulatory Revamp
The US Securities and Exchange Commission’s crypto task force held its first public meeting with experts on Friday, focusing on how securities laws might apply to digital assets as the Trump administration looks to overhaul cryptocurrency regulations. Among the participants…
Crypto Price Today: Bitcoin, Ether See Small Profits, Altcoins Show Mixed Trends Amid Market Uncertainty
Bitcoin on Monday, March 24 reflected a profit of 3.10 percent on international exchanges. Data by CoinMarketCap shows Bitcoin is presently trading at $86,700 (roughly Rs. 74.5 lakh) on global platforms. On Indian exchanges, the oldest and most expensive crypto…
Sam Altman and Visa in Talks to Power World Wallet with Crypto, Card, and Cash Features: Report
OpenAI’s Sam Altman is reportedly in talks with Visa to enhance World Wallet with cross-asset functionality. The collaboration aims to develop a sophisticated wallet strategy, enabling seamless cross-platform transactions with crypto, cards, and fiat currencies. Altman, known for his impact…
Crypto Price Today: Bitcoin Trades Close to $88,000, Majority Altcoins Register Gains
Bitcoin on Wednesday, March 26 reflected small profits on the price charts. With a gain of 1.05 percent, the asset rose to $87,375 (roughly Rs. 75 lakh) on international exchanges in the last 24 hours. Meanwhile, on Indian exchanges, Bitcoin…
Google Play Store Blocks 17 Unregistered Crypto Exchanges in South Korea, Apple May Follow
South Korea is reviewing the legal status of crypto businesses to ensure only approved firms engage with investors. This week, Google Play, following a regulatory directive, blocked 17 foreign crypto exchanges, including KuCoin, from being installed on Android devices in…
Crypto Price Today: Bitcoin Maintains Price at $86,000, Majority Altcoins Hit With Losses
The crypto market continues to be volatile as March approaches its end. Bitcoin on Friday, March 28 clocked a loss of under two percent on national and international exchanges. The oldest, most expensive crypto asset is presently trading at $86,028…
Ghibli-Themed Tokens Spark Memecoin Frenzy Amid Surge in Anime AI Art Trend on Social Media
The “Ghibli” frenzy has swept the Internet over the past three days. Following Sam Altman’s announcement of an AI image feature for ChatGPT-4o, Studio Ghibli anime-inspired memecoins have flooded the crypto market, according to a CoinMarketCap report on Friday, March…
UAE Plans to Launch Digital Dirham CBDC, Integrated Wallet in Q4 2025
The Central Bank of the UAE (CBUAE) plans to launch its Digital Dirham central bank digital currency (CBDC) between October and December. On Thursday, the bank said that the Digital Dirham token will improve security and efficiency of financial transactions,…
FM Claims Access to WhatsApp Messages Led to Seizure of Crypto Worth Rs. 90 Crore
Finance Minister Nirmala Sitharaman has been discussing India’s economic reforms and future roadmap with Lok Sabha parliamentarians in New Delhi. This week, she defended a provision in the Income Tax Bill, 2025, that grants tax authorities access to WhatsApp messages…
Understanding Crypto Airdrops: The Process, Pros and Problems
Crypto airdrops, the process of free crypto tokens, are a common Web3 strategy used to boost project visibility and community growth in the $2.84 trillion (roughly Rs. 2,43,51,125 crore) crypto market. Developers use social media to announce these giveaways, aiming…
Trump Family’s World Liberty Financial Crypto Venture to Launch Stablecoin
Donald Trump’s World Liberty Financial crypto venture will launch a dollar-pegged stablecoin, it said in a statement on Tuesday, after raising more than half a billion dollars from selling a separate digital token. The stablecoin, called USD1, will be fully…
CME Group Using Google Cloud’s Blockchain for Next-Gen Derivatives Exchange Upgrades
Chicago-based CME Group plans to revamp the infrastructure of its derivatives marketplace, CME Exchange. This week, it announced a partnership with Google Cloud to explore blockchain services like asset tokenisation. In an official statement, the risk management firm noted that…
ADGM, Chainlink Sign MoU to Explore Compliant Tokenisation Rules, Cross-Chain Interoperability
The Abu Dhabi Global Market (ADGM) has signed an MoU with Chainlink to enhance Web3 awareness and explore advanced blockchain use cases. Announced on March 24, the partnership marks ADGM’s deeper engagement with Web3 solutions, focusing on cross-chain interoperability and…
TRN Odyssey Programme Goes Live, Opens Funding Opportunities for Web3 Game Developers
The Root Network (TRN), a metaverse-focused Web3 platform, launched its “TRN Odyssey” initiative on March 24. Designed to support promising Web3 gaming projects on the TRN Layer-1 blockchain, the programme has a funding pool of $10 million (roughly Rs. 85…
Tether to Audit Its Reserves with a Big Four Firm as Trump Puts Crypto in the Spotlight
Tether, the issuer of the USDT stablecoin, plans to audit its asset reserves and is seeking a Big Four accounting firm for the process. The Big Four—PwC, Ernst & Young, Deloitte, and KPMG—are among the potential candidates, though CEO Paolo…
Tamil Nadu DGP Unveils ‘Handbook for Investigations into Virtual Digital Assets’: All Details
Tamil Nadu’s Director General of Police, Shankar Jiwal, has introduced a comprehensive guide to aid police officials in investigating crypto-related crimes. Titled ‘Handbook for Investigations into Virtual Digital Assets’, the guide provides access to specialised tools and techniques designed to…
Crypto Price Today: Bitcoin Trades Above $83,600, Altcoin Movement Remain Sluggish
Bitcoin reflected small price dips of under two percent on national and international exchanges on Monday, March 17. As shown by CoinMarketCap, the most expensive cryptocurrency is trading at $83,687 (roughly Rs. 72.6 lakh) on international exchanges. Meanwhile, Indian exchanges…
South Korea’s Central Bank to Start CBDC Trials for Real-World Transactions: Reports
South Korea’s central bank is set to launch CBDC trials for real-world transactions under the “Digital Test Project Hangang,” according to local reports citing BoK officials. The three-month programme is said to involve seven banks and 100,000 participants that will…
Ripple CEO Announces End of Four-Year SEC Battle as XRP Surges: Key Details
The four-year legal battle between Ripple and the US Securities and Exchange Commission (SEC) has officially ended, as announced by Ripple CEO Brad Garlinghouse on March 19. In a four-minute video on X, Garlinghouse reaffirmed that XRP is a digital…
Crypto Price Today: Bitcoin Drops to $84,500 as Most Altcoins Decline
The crypto price charts reflected more losses than gains on Friday, March 21. In the last 24 hours, Bitcoin price dropped by 1.40 percent on international exchanges. CoinMarketCap shows that Bitcoin is currently trading at $84,500 (roughly Rs. 72.8 lakh)…
Australia Proposes Regulations for Crypto Exchanges, Custody Services, Brokerage Firms: Details
The Australian government has proposed a regulatory framework to oversee crypto exchanges, custody services, and brokerage firms. The Australian Treasury Department is working with the crypto industry to seek inputs on required regulations. In a statement released on Friday, March…
Top Officials from the US and UAE Initiate Talks on Crypto and AI Exploration: Key Details
This week, the US hosted UAE National Security Adviser Sheikh Tahnoon Bin Zayed Al Nahyan to discuss technological cooperation, energy, and investment opportunities. During his visit, he met with key officials from President Trump’s administration, including White House crypto czar…
Dubai Launches Pilot Phase of Real Estate Tokenisation Project for Web3, Real Estate Collaboration
The Dubai Land Department (DLD) is exploring real estate tokenisation to simplify property-related transactions. The government-backed agency has launched the pilot phase of its “Real Estate Tokenisation Project”, that aims for collaboration between global Web3 firms and Dubai’s real estate…
Binance’s ‘Vote to List’ Feature for Community Polling on Token Listing Goes Live
Binance has announced that the first phase of its new “Vote to List” is now live. This means that Binance users can now participate in selecting which new tokens should be listed for trading on the platform. The first window…
BWA Launches 100-Day Crypto SAFE Campaign to Educate Web3 Investors on Risks
The Bharat Web3 Association (BWA) has launched a new initiative to inform India’s crypto community on safe investment patterns. The “Crypto SAFE Campaign” initiative, where “SAFE” stands for Secure Asset and Financial Education, is designed to educate users on cybersecurity…
Crypto Price Today: Bitcoin Steady at $83,000, Altcoins See Mixed Moves Amid Market Fluctuations
The crypto market has remained sluggish throughout March, with no significant changes expected in the near term. On Wednesday, March 19, Bitcoin saw a marginal decline of less than one percent across national and international exchanges. According to CoinMarketCap, the…
Arbitrum Launches ‘Onchain Labs’ to Support High-Risk, Experimental Web3 Ventures
Arbitrum, a Layer-2 blockchain on Ethereum, has launched “Onchain Labs,” a new initiative to support early-stage Web3 projects. Designed for experimental and high-risk ventures, the programme offers industry guidance and technical assistance while strengthening Arbitrum’s network for decentralised applications. Developed…
Ripple Signals Intent to Launch Wallet Service in New Trademark Filing: Reports
Ripple Labs is reportedly looking to expand its custody services with a digital wallet offering. In February, the XRP issuer filed a trademark application titled “Ripple Custody,” seeking approval for “downloadable software” for crypto custody—potentially hinting at a wallet service….
Coinbase Collaborates with Global Government Agencies as Trump Pushes Crypto into the Spotlight
Coinbase has announced partnerships with over 100 government agencies across the US and other countries to enhance their understanding of the crypto sector. CEO Brian Armstrong shared the update on X over the weekend, stating that institutional interest in crypto…
South Korea’s Central Bank Dismisses Bitcoin as Reserved Asset Citing Uncertainty, Risks: Report
South Korea’s central bank is not considering Bitcoin to be included as part of its reserved assets. The Bank of Korea (BoK) has reportedly said that Bitcoin’s volatility is a matter of risk and concern for the country’s national stability….
Crypto Price Today: Bitcoin, Ether See Losses Alongside Most Altcoins, Price Charts Show Volatility
Bitcoin on Monday, February 24 showed losses on both national and international exchanges alongside most other cryptocurrencies. Over the last 24 hours, the value of Bitcoin dropped by 1.20 percent on international exchanges. With this, its price presently stands at…
Crypto Price Today: Bitcoin, Ether Continue to Trade in Losses, Majority Altcoins Fail to See Gains
The crypto market remained sluggish over the weekend, showing little change in momentum. On Monday, March 10, Bitcoin recorded a 3.88 percent decline on international exchanges, trading at $82,680 (roughly Rs. 72 lakh), according to CoinMarketCap. Meanwhile, on Indian exchanges…
US SEC to Move Away from Requiring Crypto Firms to Register as Trading Systems, Chief Says
The acting chief of the US Securities and Exchange Commission said on Monday he has directed staff to look at ways to abandon a plan that would have widened the definition of alternative trading systems to include some cryptocurrency firms….
India Added 4.7 Million Web3 Developers in 2024, Set to Surpass US: Hashed Emergent
India is on track to surpass the US as the largest hub of Web3 developers by 2028, according to the India Web3 Landscape Report (2024), released on March 11. In 2024, India’s Web3 developer community grew by 28 percent, adding…
Crypto Price Today: Bitcoin Hovers Near $80,000 as Market Volatility Continues, Altcoins Show Minor Gains
The overall crypto market is undergoing a period of volatility amid ongoing macro-economic tensions like tariff wars. On Wednesday, March 12, Bitcoin price dropped by 2.15 percent and 3.65 on international and national exchanges. BTC is presently trading at $81,778…
Binance Sells Minority Stake to Abu Dhabi’s MGX Sovereign Wealth Fund for $2 Billion
Binance has sold off a minority stake to Abu Dhabi-based MGX for $2 billion (roughly Rs. 17,403 crore). MGX is a sovereign wealth management fund led by Sheikh Tahnoon bin Zayed Al Nahyan of the Abu Dhabi royal family. With…
Brazil to Propose Support for Blockchain Payment System for BRICS: Report
Brazil is reportedly working on a proposal to create a blockchain-based payment system for internal use by the BRICS economic bloc. The group has been discussing ways to reduce reliance on the US dollar for internal cross-border transactions since 2024….
Ripple Secures DFSA Licence to Offer Crypto Services to UAE Businesses, Financial Institutions
Ripple has obtained a licence from the Dubai Financial Services Authority (DFSA), becoming the first blockchain payments provider authorized to operate in the Dubai International Financial Centre (DIFC). On March 13, the US-based company announced that businesses in the UAE…
Can I trade cryptocurrencies on quote.trade?
cryptocurrencies on quote.trade Quote.trade is a platform that provides real-time market data and financial insights, but many traders wonder whether they can trade cryptocurrencies directly on it. Cryptocurrencies have become a popular asset class, attracting both new and experienced traders…
South Korea to Finalise Crypto-Focussed ‘Corporate Market Participation’ Guidelines by April
South Korea’s Financial Services Commission (FSC) has announced that it will be adding more layers to its crypto regulations over the next month. The guidelines for corporate firms’ participation in cryptocurrencies will be finalised by April, the FSC said Wednesday….
WazirX Partners With BitGo for Asset Custody Services Amid Ongoing Financial Restructuring
WazirX announced on Wednesday, March 12 that it has partnered with BitGo Trust Company for asset custody services. Headquartered in Palo Alto, California, BitGo offers services like asset custody, wallet management, staking, and trading out of regulated cold storages. As…
Thailand Approves USDT and USDC for Crypto Trading and Banking Settlements
Thailand is evaluating cryptocurrencies deemed safe for trading and banking settlements. In a recent move, the Securities and Exchange Commission (SEC) of Thailand added USDT and USDC to the list of tokens approved for trading on regulated exchanges. These stablecoins…
Coinbase Gains FIU-India Registration, Highlights India’s On-Chain Talent
Coinbase has officially resumed operations in India after nearly two years. On March 11, the US-based crypto exchange announced its registration with India’s Financial Intelligence Unit (FIU), a mandatory step for all crypto firms operating in the country. Highlighting India’s…
US President Trump Directs SEC Task Force to Outline Crypto Rules by August
US President Donald Trump met with several crypto founders and leaders during the recent Crypto Summit held at the White House. The event brought US lawmakers under one roof with the crypto industry for the first time. At the summit,…
Binance to List, Delist Tokens Based on Community Votes: Here’s How It Will Work
Binance has announced that it will seek community votes to determine which crypto tokens should be listed or delisted on its platform. As the world’s largest exchange, it faces the challenge of identifying legitimate projects amid a surge of altcoins…
US President Donald Trump Unveils Plans for Crypto Strategic Reserve, Sector Responds Positively
US President Donald Trump, who envisions making the US the global hub for cryptocurrency, made a significant announcement over the weekend. In a post on Truth Social, the 78-year-old billionaire revealed that five cryptocurrencies—Bitcoin, Ether, Ripple, Cardano, and Solana—are being…
PwC India Launches Startup Challenge for Emerging Web3 and AI Projects: All Details
PwC, one of the Big Four accounting firms, is launching an accelerator initiative in India. On March 3, PwC India introduced the ‘Emerging Tech Startup Challenge’ to support promising startups in blockchain, space, AI, and other sectors. Late-stage startups that…
Crypto Price Today: Bitcoin Price Hovers Around $86,900, Ether Sees Small Gains Alongside Most Altcoins
The global crypto market remains volatile as the US President Donald Trump escalates international tariff tensions. On Wednesday, March 5, Bitcoin recorded a 3.33 percent gain on global exchanges, pushing its price to $86,927 (roughly Rs. 75.7 lakh). Indian exchanges…
Ripple Pledges $50 Million for ‘National Cryptocurrency Association’ in the US: All Details
Ripple has pledged $50 million (roughly Rs. 435 crore) to fund a new non-profit crypto organisation in the US, the ‘National Cryptocurrency Association’ (NCA). This agency will focus on educating and raising awareness about cryptocurrencies, blockchain, and Web3. The announcement…
Crypto Price Today: Bitcoin, Ether and Most Altcoins See Losses Owing to Market Volatility
The cryptocurrency market remains highly volatile due to ongoing macroeconomic and geopolitical developments. On Friday, March 7, Bitcoin recorded a loss of over five percent on international exchanges, bringing its price down to $87,726 (roughly Rs. 76.4 lakh), according to…
Donald Trump Establishes Strategic Bitcoin Reserve, Crypto Stockpile Utilising Seized Assets
US President Donald Trump has signed an executive order to create a strategic Bitcoin Reserve in the country. White House Crypto Czar, David Sacks announced the development through his X handle in the early hours of Friday, March 7. He…
Vietnam to Pilot Digital Assets Exchange Project in March
Vietnam will soon pilot a digital asset exchange, according to details shared by Nguyen Duc Chi, the country’s deputy finance minister, who is overseeing developments related to virtual digital assets (VDAs). The finance ministry is working on a trading platform…
Dantewada City Teams Up with Zupple Labs to Migrate 7 Lakh Land Records to Avalanche
Dantewada, a city in Chhattisgarh, has upgraded its land record storage with blockchain technology. The district administration partnered with Bengaluru-based Zupple Labs to migrate seven lakh land records to the Avalanche blockchain. This initiative aims to create permanent, tamper-proof records…
Donald Trump Set to Host the US’ First Crypto Summit on March 7, Web3 Leaders Confirm Invitation
US President Donald Trump is set to host the nation’s first government-backed Crypto Summit on March 7. Details about the event were recently shared by David Sacks, the White House-appointed “crypto czar.” In a post on X, Sacks revealed that…
ED Partners with CoinDCX for Custody Management of Seized Assets
CoinDCX announced its partnership with the Enforcement Directorate (ED) on Wednesday, March 5. With the partnership, CoinDCX will manage the custody of crypto assets seized by the ED. As India’s financial watchdog, the ED has been cracking down on illegal…
US SEC’s Crypto Task Force to Host Roundtables to Discuss Crypto Regulation
The US is moving towards getting a comprehensive set of Web3 rules under the crypto-friendly presidency of Donald Trump. The US Securities and Exchange Commission’s (SEC) Crypto Task Force said Monday it would host a series of roundtable meetings to…
Binance to Delist Tether and Eight Other Stablecoins in Europe on March 31: All Details
Binance is set to delist stablecoins that do not comply with the EU’s MiCA regulations in the coming days. These stablecoins will no longer be available to users in the European Economic Area (EEA) after March 31. The exchange has…
Bharat Web3 Association Asks Firms to Set Up Complaint Management Systems to Protect Consumers
The Bharat Web3 Association (BWA) has released a set of guidelines to help Web3 firms in India protect their customers. The Web3 industry continues to grow in India, despite a lack of regulatory oversight from the government. The BWA, an…
Crypto Price Today: Bitcoin Surges to $92,000 Following Donald Trump’s Strategic Crypto Reserve Announcement
Bitcoin joined most cryptocurrencies in reflecting gains on Monday, March 3, rebounding from last week’s dip to $80,020 (roughly Rs. 69.9 lakh). Over the weekend, BTC surged nearly nine percent globally, reaching $92,890 (roughly Rs. 81.14 lakh) on international exchanges,…
US Securities Regulator to Drop Lawsuit Against Coinbase, Firm Says
Coinbase said on Friday the US securities regulator planned to withdraw its lawsuit against the crypto exchange, ending a contentious years-long legal battle once considered existential for the trading platform and the broader sector. The Securities and Exchange Commission has…
US SEC Announces CETU Unit to Curb Crypto Fraud and Maintain Market Integrity
The US Securities and Exchange Commission (SEC) has established the Cyber and Emerging Technologies Unit (CETU) to combat crypto-related cybercrimes. This new division will target illicit activities enabled by advanced technologies such as Artificial Intelligence (AI), Machine Learning (ML), and…
GainBitcoin Scam: CBI Seizes Cryptocurrencies Worth Rs. 23.94 Crore
The Central Bureau of Investigation (CBI), using in-house capabilities, seized significant incriminating evidence and virtual digital assets, unravelling the extent of the cryptocurrency fraud following nationwide searches conducted on February 25-26 in connection with the GainBitcoin scam cases. This comes…
FBI Accuses North Korean Hackers of Bybit Attack, Urges Crypto Firms to Block Linked Transactions
The FBI has attributed the recent attack on Dubai-based Bybit crypto exchange to North Korean hackers. The agency has called on crypto firms to help block the stolen funds. According to Bybit CEO Ben Zhou, a hacker gained control of…
US SEC Rejects Memecoins as Securities, Warns of Fraudulent Tokens
The Securities and Exchange Commission (SEC) is gradually shaping crypto regulations in the US following Donald Trump’s return to the White House. This week, the SEC clarified that memecoins do not qualify as securities, meaning investors are not required to…
Crypto Price Today: Bitcoin Slips Below $80,000 Amid Macroeconomic Uncertainty, Market Remains Sluggish
The Bitcoin rally, which began in November 2024 following Donald Trump’s election as the US President, has significantly lost momentum in recent days. On Friday, February 28, Bitcoin saw a nearly six percent decline on international exchanges, dropping to $80,020…
Crypto Price Today: Bitcoin Falls to $84,900 Following Trump’s Tariff Announcement on EU Imports
The overall crypto market is facing the impact of new tariff policies introduced by the White House under the US President Donald Trump. On Thursday, February 27, Bitcoin price dropped by over four percent to trade at $84,940 (roughly Rs….
Reliance, Airtel Among Nifty 50 Firms Experimenting with Web3, Testifies to Sector Growth: Mudrex
Several Nifty 50 firms are exploring Web3 technologies like cryptocurrencies and blockchain, according to a report by crypto firm Mudrex, exclusively shared with Gadgets 360. The report reveals that 16 companies, including Reliance, Airtel, ITC, and TCS, are leveraging Web3…
Crypto Trading Booms in India’s Smaller Cities as Job Growth and Incomes Disappoint
Like thousands of his countrymen in far-flung places, flower-shop owner Ashish Nagose has been learning about trading cryptocurrencies by attending classes every weekday for the past two months in his home city of Nagpur in western India. Nagose bought and…
USDC, EURC Stablecoins Secure ‘Token Recognition’ from Dubai Financial Services Authority
Stablecoins USDC and EURC have been officially recognised as crypto tokens in Dubai. On February 24, Circle, the issuer of these stablecoins, announced that the Dubai Financial Services Authority (DFSA) has approved USDC and EURC for use within the Dubai…
ED Uncovers Rs. 600 Crore Crypto Fraud, Seizes Rs. 2.18 Crore in Search Operations
The Directorate of Enforcement (ED) has conducted a series of search operations across Delhi, Jaipur, and Mumbai, under the provisions of the Foreign Exchange Management Act (FEMA). The operations were part of an investigation into a large-scale cryptocurrency fraud, involving…
OKX Admits to Unlicensed Operations, Agrees to $505 Million Settlement with US DoJ
The OKX crypto exchange has pleaded guilty to operating an unlicensed money transmission business in the US. On February 25, OKX announced a $505 million (roughly Rs. 4,400 crore) settlement with the US Department of Justice (DoJ). The news was…
Binance Square Adds New ‘Trader Profiles’ Feature for Experienced Traders to Share Market Insights, Earn Badges
Over the weekend, Binance introduced a new feature called ‘Trader Profiles’ to its community-focused social platform, Binance Square. This addition is designed to help experienced crypto traders share market insights while enabling users to connect based on their trading patterns,…
Bybit Hit by Crypto’s Worst Hack With Almost $1.5 Billion Stolen
Crypto exchange Bybit said it was hacked, resulting in what analysts estimate was the loss of almost $1.5 billion (roughly Rs. 13,006 crore) worth of tokens in the biggest theft ever committed in the industry. Researchers believe North Korean hackers were likely…
Official Trump Crypto Token Price Drops Sharply as Melania Trump Launches Memecoin
US President-elect Donald Trump is set to be sworn in as the 47th President of the United States on Monday. Ahead of the inauguration ceremony, the incoming President and his wife Melania Trump launched two memecoins branded after their respective…
Coinbase CEO Concerned About Tokens Flooding Market, Says Thorough Evaluation No Longer Feasible
Coinbase CEO Brian Armstrong has raised concerns about the rising number of crypto tokens flooding the market. In a post on X Sunday, Armstrong claimed one million crypto tokens were being created on a weekly basis. With the massive influx…
KuCoin Pleads Guilty, Agrees to Pay Nearly $300 Million in US Crypto Case
KuCoin, one of the world’s largest cryptocurrency exchanges, pleaded guilty on Monday to operating an unlicensed money transmitting business, and agreed to more than $297 million (roughly Rs. 2,570 crore) in fines and forfeiture, the US Department of Justice said. Peken…
Bitcoin Falls to $94,000 as Market Sees Over 9 Percent Drop Following Trump’s New Tariff Decisions
Crypto market volatility surged over the weekend following the US President Donald Trump’s announcement of new tariffs on imports from China, Mexico, and Canada. On Monday, February 3, Bitcoin recorded its sharpest price drop in months across both domestic and…
Coinbase Acquires Onchain Ad Platform Spindl to Boost Visibility of Base-Powered Web3 Projects
Coinbase is sharpening its focus on expanding the reach of Web3 projects built on its Layer-2 network, Base. In a recent move, the crypto exchange announced the acquisition of Spindl, an onchain advertising platform, for an undisclosed amount. With this…
US Crypto Czar David Sacks Begins Studying Feasibility of US Bitcoin Reserve
The feasibility of Donald Trump’s ambition to create a national reserve of Bitcoin is still being studied by officials in the administration, White House crypto czar David Sacks said as he met with lawmakers to advance the new president’s policies…
Crypto Price Today: Bitcoin Stalls at $96,000 Over the Weekend, Altcoins Remain Sluggish
The crypto market remained sluggish over the weekend, showing little movement. On Monday, February 17, Bitcoin recorded a 1.55 percent dip on international exchanges, trading at $96,019 (roughly Rs. 83.2 lakh), according to CoinMarketCap. A similar trend was observed on…
Libra Memecoin Backed by Argentina’s President Javier Milei Sparks Rug Pull Concerns: All Details
The crypto market took a hit over the weekend following a memecoin controversy. Argentina’s President Javier Milei promoted the Libra memecoin on his official X account last Friday. According to the Buenos Aires Herald, his now-deleted tweet claimed the token…
Dubai’s Crypto Regulator Alerts Investors on New Memecoins Flooding Market
Dubai’s crypto regulatory body has issued an alert about the risks related to memecoin investments owing to their increasing market penetration. The Virtual Assets Regulatory Authority (VARA) of Dubai has strictly asked the city’s investor community to be cautious while…
ESMA Proposes Staff Assessment Guidelines for Crypto Firms Under MiCA Regulations
The European Securities and Markets Authority (ESMA) is looking to finalise some competence requirements for employees of crypto-related businesses. This week, the ESMA released a proposal that suggests guidelines in line with the EU’s MiCA regulations, seeking feedback from crypto…
Tether Inks MoU With Republic of Guinea to Boost Blockchain Adoption
Tether will work with the Republic of Guinea to accelerate the country’s efforts to adopt blockchain technology, the issuer of the USDT stablecoin said on Monday. The firm has signed a memorandum of understanding (MoU) with the government of Guinea,…
Binance Founders Refute Rumours of Potential Crypto Exchange Sale
Binance co-founders Changpeng Zhao and Ye Hi have refuted rumours that claim that the Binance crypto exchange is for sale. Both Zhao and Hi have refuted claims that the centralised exchange is looking for a buyer. Binance is touted to…
Crypto Scams Likely Set New Record in 2024, Helped by AI: Chainalysis
The rise of “pig butchering” scams and the increasing use of generative artificial intelligence likely lifted revenues from crypto scams to a record high in 2024, according to blockchain analytics firm Chainalysis. Revenue from pig butchering scams, where perpetrators cultivate…
ED Seizes ‘Biggest’ Crypto Fund Worth Rs. 1,646 crore in PMLA Case
The Enforcement Directorate (ED) has seized its biggest-ever cryptocurrency worth Rs 1,646 crore as part of a “mega” money laundering investigation into a fraud investment scheme where numerous depositors were duped in the name of securities investment, official sources said….
Malaysian Anti-Corruption Commission Turns to Blockchain, AI to Curb Sophisticated Crimes
Malaysia is embracing emerging technologies like Artificial Intelligence (AI) and blockchain to strengthen its fight against corruption. According to Azam Baki, chief commissioner of the Malaysian Anti-Corruption Commission (MACC), these tools enhance the agency’s ability to identify criminals involved in…
RBI Governor Says Crypto Discussion Paper Will Clarify India’s Stance on Virtual Assets; Industry Reacts
RBI Governor Sanjay Malhotra stated that the upcoming discussion paper on crypto, being developed under the Finance Ministry’s oversight, will provide clarity on the future of virtual assets in the country. Speaking to Gadgets 360, members of India’s Web3 community…
Donald Trump’s Crypto Firm Announces Strategic Token Reserve, Plans to Invest in DeFi
The US President Donald Trump-backed World Liberty Financial (WLF) has announced the launch of a strategic token reserve. has announced the launch of a strategic token reserve to navigate market volatility while maintaining a crypto-backed fund pool. The firm shared…
Income Tax Bill 2025 Clarifies Virtual Digital Asset Definition, Includes NFTs: Key Details
Finance Minister Nirmala Sitharaman introduced the new Income Tax Bill, 2025 to the Lok Sabha on February 13. With this new bill, the finance ministry has provided more clarity to define what constitutes the sector of ‘virtual digital assets (VDAs)’…
Animoca Brands, The Sandbox Join Web3 Alliance Group in Saudi Arabia
Saudi Arabia has launched a Web3 alliance group as part of its Saudi Vision 2030 program that aims to diversify the country’s economy. The newly construed Web3 Alliance of Saudi Arabia (WASA) will bring together players from the international Web3…
Crypto Price Today: Bitcoin Hovers Just Below $97,000, Altcoins Trade Sideways
On Friday, February 14, the overall crypto market displayed mixed sentiment. Bitcoin continued its decline for the fifth consecutive day, slipping by nearly 1 percent on international exchanges to $96,812 (roughly Rs. 84 lakh). A similar trend was observed on…
South Korea’s FSC Unveils Plan to Define Corporate Participation in Virtual Digital Asset Market
South Korea is collaborating with various internal authorities to develop its Web3 market. In a recent move, the Financial Services Commission (FSC) unveiled a roadmap to gradually integrate local corporations into the VDA market, which primarily consists of cryptocurrencies. Looking…
Coinbase Plans India Re-Entry with UPI-Linked Services, Starts Discussions with Potential Partners: Source
US-based cryptocurrency exchange Coinbase is preparing to re-enter the Indian market nearly two years after its exit. The company has begun discussions with potential partners to introduce UPI-linked services in the country, an industry source familiar with the matter, who…
Austria’s BitPanda Secures FCA Approval in UK, Plans to Offer ‘Set-and-Forget’ Savings Strategy
Austria-based crypto exchange BitPanda has received regulatory approval from the UK’s Financial Conduct Authority (FCA) to operate in the country. The Vienna-headquartered firm announced on Wednesday, February 12, that it is now authorised to offer crypto-related services to British investors….
Bitcoin Falls to $95,000 as Altcoins Decline Amid Unchanged US Interest Rates
Bitcoin on Wednesday, February 12, showed a price dip of 2.43 percent on international exchanges. With this, Bitcoin is trading at the price point of $95,873 (roughly Rs. 83 lakh) on global platforms, as per CoinMarketCap. On Indian exchanges like…
US SEC and Binance File Joint Motion in US Court Seeking 60-Day Pause on Legal Battle
The U. SEC and Binance are seeking a 60-day pause in their legal battle, which began in June 2023. In a joint motion filed in the District Court of Columbia, both parties urged the court to grant the stay. This…
WazirX Says Asset Rebalancing Complete, Invites Creditors to Raise Disputes
WazirX has announced the completion of its asset rebalancing process. On February 11, the troubled exchange informed users affected by the July 2024 hack that they can now check their potential compensation based on their balances as of July 18,…
What is Central African Republic Controversial Memecoin Experiment?
The Central African Republic (CAR) has embarked on a nationwide cryptocurrency experiment. President Faustin-Archange Touadera announced the launch of a memecoin called $CAR, aiming to assess whether the global memecoin frenzy can help improve the country’s financial standing. According to…
Bitcoin Nears $96,900 as Altcoins Slip Amid Ongoing Trump Tariff Impact
The crypto market’s rally slowed following the US President Donald Trump’s signing of new international trade tariff laws. On Monday, February 10, Bitcoin saw a slight decline of less than one percent on global exchanges, bringing its value to $96,890…
WazirX Tells Creditors to Approve Restructuring Scheme or Wait Till 2030 for Refunds
WazirX is set to present its restructuring scheme to its creditors for voting in the coming weeks, after it was approved by a court in Singapore. The exchange has begun to inform creditors about the possible outcomes of the restructuring…
SparkCat Crypto Stealer Malware Infected Multiple Apps on Play Store, App Store
Several apps on the App Store and Google Play store were found to be infected with a crypto stealer malware by security researchers at Kaspersky. These applications reportedly included a malicious software development kit (SDK) that was designed to use…
US FDIC to Reevaluate ‘Supervisory Approach’ to Crypto-Related Activities
The US Federal Deposit Insurance Corporation (FDIC) on Wednesday released several documents related to the supervision of crypto related activities in the country. Acting FDIC chairman Travis Hill announced that the agency will review its previous approach towards US banks…
Bitcoin Price Drops to $97,800 Alongside Most Altcoins Amid Ongoing Market Slump
Amid the ongoing US-China trade war, the crypto market rally has seen a significant slowdown. On Friday, Bitcoin’s price dropped by less than one percent on international exchanges, and the digital asset was trading at $97,486 (roughly Rs. 85.2 lakh)…
Russia’s Energy Ministry Mulls Compulsory Registry for Crypto Mining Equipment
Russia is planning to increase its oversight on crypto mining in the country, in order to improve the government’s control over compliance with bans on crypto mining in some regions. The Ministry of Energy is considering the creation of a…
ByBit Pays Rs. 9.27 Crore Penalty, Completes FIU-IND Registration
ByBit on Thursday announced that it has settled a monetary penalty imposed on the crypto firm, by India’s Financial Intelligence Unit (FIU-IND). The Dubai-based crypto exchange has also registered with the FIU-IND and revealed that it will ramp up initiatives…
Tether CEO Teases AI-Powered Tools Including Bitcoin Wallet Assistant
Tether CEO Paolo Ardonio has teased the arrival of an upcoming Bitcoin wallet product, which is currently in development at the firm. This Bitcoin wallet assistant is said to be powered by artificial intelligence (AI), and will let users see…
BlackRock Said to be Preparing to Launch Bitcoin Exchange-Traded Product in Europe
BlackRock is gearing up to launch a bitcoin exchange-traded product in Europe within weeks, a source familiar with the matter told Reuters, amid growing demand for exposure to cryptocurrencies from both money managers and consumers. The product will likely be…
UAE Government Partners Shiba Inu to Bring Web3 Technology to Public Sector Services
The UAE is set to infuse its governance systems with blockchain technology, after maintaining an open approach towards the crypto and Web3 sectors. The UAE’s Ministry of Energy and Infrastructure (MoEI) has signed a memorandum of understanding (MoU) with Shiba…
Bitcoin Price Drops to Around $98,000 on Global Exchanges Amid Ongoing US-China Trade Tensions
Bitcoin’s price dropped by 1.88 percent in the last 24 hours, trading at $98,110 (around Rs. 85.4 lakh) on February 5, according to CoinMarketCap. Earlier this week, the price of Bitcoin fell after US President Donald Trump announced new tariffs…
Coinbase Acquires UK FCA’s VASP Licence to Offer ‘Better’ Suite of Crypto Services
Coinbase has received approval to operate as a regulated crypto exchange in the UK. The country’s Financial Conduct Authority (FCA) has granted the firm a Virtual Asset Service Provider (VASP) licence. The US-based exchange announced the development on Monday, stating…
Kraken Obtains MiFID Licence to Launch Crypto Derivatives Trading in the EU
Kraken has acquired a licence that allows the crypto exchange to offer services like derivatives trading to advanced traders in the EU. This week, Kraken announced that it has secured a Markets in Financial Instruments Directive (MiFID) licence in the…
FIU-IND Levies Over Rs. 9 Crore Fine on Dubai-Based ByBit Crypto Exchange Citing PMLA Violations
The Financial Intelligence Unit of India (FIU-IND) has reasons to believe that the ByBit crypto exchange was in violations of the Prevention of Money Laundering Act. In a fresh development, the FIU has levied a penalty of Rs. 9.27 crore…
India Reviewing Crypto Position Due to Global Changes, Economic Affairs Secretary Says
India is reviewing its stance on cryptocurrencies due to shifting attitudes towards the virtual asset in other countries, a senior government official told Reuters on Sunday. The review, which follows crypto-friendly policy announcements by US President Donald Trump, could further…
Bitcoin Price Hovers Above $100,000 Despite 3.3 Percent Drop Ahead of US Federal Open Market Committee Meeting
The cryptocurrency market is experiencing significant price fluctuations, as the US Federal Open Market Committee (FOMC) prepares to announce its decision on a revision of interest rates. On Wednesday, Bitcoin’s price saw a 3.33 percent dip on international exchanges, trading…
French Investigators Open Fraud Probe Against Crypto Platform Binance
French investigators said on Tuesday they had opened a judicial probe into money laundering, tax fraud and other charges at Binance, the world’s largest cryptocurrency exchange, which said it denied the allegations. The economic and financial crime section of the…
ECB President Says Bitcoin Won’t Enter Reserves of Any EU Central Banks
CB President Christine Lagarde on Thursday expressed confidence that Bitcoin will not be included in the EU’s list of reserved assets. The top official’s stance comes weeks after US President Donald Trump’s made statements that he plans to add BTC…
Meta’s Reality Labs Unit Posts $5 Billion in Losses in Q4 2024
Meta released its earnings report for Q4 2024 on Wednesday. According to the report, Reality Labs posted a loss of $4.97 billion (roughly Rs. 43,040 crore) in Q4 2024. The Meta subsidiary generated $1.1 billion (roughly Rs. 9,526 crore) in…
US SEC Gives Initial Approval to Combined Bitcoin, Ether ETF
The US Securities and Exchange Commission on Thursday approved part of an application for a novel exchange-traded fund that would track the two largest cryptocurrencies. The Bitwise Bitcoin and Ethereum ETF from Bitwise Asset Management would seek to provide investors with a…
Bitcoin, Ethereum Prices Drop Amid Ongoing Crypto Market Volatility
Bitcoin price dropped by 1.23 percent over the past 24 hours on international exchanges, as the prices of most cryptocurrencies reflected a mixed market sentiment on Friday. According to CoinMarketCap, the asset was trading at $104,002 (roughly Rs. 90.1 lakh)…
El Salvador Makes Bitcoin Payments Voluntary for Private Sector Merchants to Comply with IMF Loan Conditions
El Salvador is introducing reforms to the use of Bitcoin in its financial and industrial sectors. The Central American country has agreed on a deal with the International Monetary Fund (IMF) to receive a loan of $1.4 billion (roughly Rs….
Budget 2025: Crypto Industry Seeks Digital Asset Innovation, Simple Tax Structure and More
The government is set to present the Union Budget for the next financial year on February 1. With only a couple of days until the next budget is revealed, members of India’s Web3 sector have revealed some of the changes…
CoinDCX Brings ‘Bitcoin Chai Cafe’ Crypto Literacy Campaign to Tea Stalls in Mumbai
CoinDCX has announced a new crypto literacy project in Mumbai, that will attempt to kickstart discussions on crypto and digital assets at a popular meeting place in the city — tea stalls. Dubbed ‘Bitcoin Chai Cafe’, the Indian crypto exchange’s…
MobiKwik, CRED Launch CBDC eRupee in Partnership with RBI and Yes Bank
MobiKwik, a digital wallet player, on Tuesday announced that it has launched a full version of India’s Central Bank Digital Currency (CBDC) eRupee in partnership with Reserve Bank of India (RBI) and Yes Bank. Payments platform CRED has launched a…
Mudrex Resumes Crypto Withdrawals, Claims to Have Upgraded Compliance Process
Crypto investment firm Mudrex has resumed crypto withdrawal services on its platform after a brief halt to upgrade its compliance suite. In an update shared on Tuesday, January 28, Mudrex said it had upgraded and automated its compliance process with…
Bitpanda, OKX, Crypto.com Acquire Licences in EU as MiCA Laws Attracts Web3 to Region
An increasing number of Web3 firms are turning to the EU with the Markets in Crypto-Assets Regulation (MiCA) laws bringing regulatory clarity to the sector. In a fresh development, crypto exchanges OKX and BitPanda have secured licences in the EU…
Brazil Suspends Sam Altman’s Iris-Scanning World Project, ANPD Issues Notice to Parent Firm
Brazil has joined Spain and Germany in obstructing the operations of Sam Altman’s controversial World project. The National Data Protection Authority (ANPD) has suspended the services of the World project within the country. A notice about the development was issued…
Crypto Price Today: Bitcoin Hovers Over $100,000 Mark, Most Altcoins Show Bearish Momentum
The cryptocurrency chart reflected more losses than gains on Monday, January 27. Bitcoin dipped by 4.53 percent on international exchanges to trade at $100,423 (roughly Rs. 86.7 lakh), data by CoinMarketCap showed. On Indian exchanges like BuyUcoin, meanwhile, BTC incurred…
JioCoin Surfaces on JioSphere Browser as Blockchain-Based Engagement Reward Token, Could Launch Soon
Polygon Labs, the firm behind the widely used Polygon blockchain, recently announced a partnership with Mukesh Ambani-led Reliance Jio Limited as part of the latter’s efforts to introduce Web3 elements on its existing services. This week, a new crypto token,…
Birla Institute of Management Technology Launches Bimcoin, a Blockchain-Based Campus Currency
India’s Birla Institute of Management Technology (BIMTECH) has debuted a blockchain-based campus currency called Bimcoin. The token has been designed to facilitate secure and transparent transactions within the institute’s ecosystem for students, administrators, and vendors. An official launch statement circulated…
Intelligence Analysis Firm i2 Group Partners Chainalysis to Upgrade Software With Blockchain Technology
Intelligence analysis firm i2 Group is upgrading its internal software with blockchain technology to be better equipped to identify illicit uses of cryptocurrency. The company plans to integrate blockchain-based features to its link analysis platform, named Analyst’s Notebook. i2 Group…
US President Donald Trump Signs Executive Actions Related to Crypto, AI
President Donald Trump signed executive actions related to cryptocurrency and Artificial Intelligence, moves that could bolster two nascent industries. The president was joined by White House AI and crypto czar David Sacks, a venture capitalist and major political donor. The…
Morgan Stanley Will Work With US Regulators to Examine Safe Ways to Offer Crypto, CEO Says
US-based banks are voicing their intentions to expand crypto involvement, in the backdrop of US President Donald Trump’s return to the White House with promises of pro-crypto regulations. Morgan Stanley CEO Ted Pick reportedly said that the bank wishes to…
Singapore Court Approves WazirX’s Financial Restructuring Plan, Creditors to Vote Next
Zettai, the Singapore-based parent company of WazirX, presented a financial restructuring plan to the Singapore High Court this week. The court reviewed and approved the proposal for users of WazirX who lost funds during an alleged hack in July 2024,…
US Court Reverses OFAC’s Sanctions Against Crypto Mixer Tornado Cash
In what is being hailed as a ‘landmark’ decision by the crypto industry, a US court has reversed sanctions levied against Tornado Cash. The controversial crypto mixer is a Web3 platform that allows people to shuffle their crypto tokens with…
Bitcoin Price Remains Steady at $102,000 for Third Consecutive Day Amid Ongoing Crypto Market Volatility
The global crypto market is experiencing some volatility that has caused the price of many altcoins to fluctuate over the past couple of days. Over the last 24 hours, Bitcoin’s value dropped by 2.76 percent on global exchanges, while the…
BoA Chief Predicts Banks Will Go Bullish on Crypto Once Rules Are More Defined Under Trump
With the Donald Trump’s re-election as US President, the global cryptocurrency sector is expecting a host of pro-crypto policies in the coming months. In a recent interview with CNBC, the Bank of America (BoA) chief said banking systems would go…
US SEC Unveils Task Force to Start Work on Crypto Regulations
The US Securities and Exchange Commission’s new leadership said on Tuesday it had created a task force to develop a regulatory framework for crypto assets, in the first major move by President Donald Trump’s new administration to overhaul crypto policy….
EU’s ESMA Sets Deadline for Crypto Service Providers to Restrict Non MiCA-Compliant Stablecoins
The European Union (EU) is among the first regions of the world that has drafted, finalised, and deployed a comprehensive set of regulations to oversee the crypto sector in the region. Under the EU’s MiCA laws, which went into effect…
Bitcoin Drops Over Three Percent After US President Donald Trump Fails to Mention Crypto in Inaugural Speech
Donald Trump was sworn in as the 47th President of the United States on January 20, hours after the price of Bitcoin surged to create a new all-time high of over $109,000 (roughly Rs. 94.2 lakh) on Monday. However, the…
Crypto Industry Lists Regulatory Framework at the Top of Its Donald Trump Wish List
As inauguration day approaches, members of the crypto industry are eagerly anticipating a slew of digital asset friendly executive actions at the dawn of a second Trump Administration. Potentially at the top of the wish list would be an executive…
Bitcoin Price Hovers Near $102,000 as Altcoins Fluctuate Ahead of Donald Trump Inauguration
Cryptocurrencies prices are fluctuating as the values of digital assets remain volatile, ahead of US President-elect Donald Trump’s swearing-in ceremony that is scheduled to take place later today. Bitcoin’s price dropped by 2.82 percent over the past 24 hours on…
Tether Set to Relocate Head Office to Crypto-Friendly El Salvador
Tether, the issuer of the USDT stablecoin, has decided to move its headquarters from the British Virgin Islands to El Salvador. The development comes after Tether recently acquired the licence of a virtual asset service provider (VASP) in the Central…
Circle Says USDC Crosses $18 Trillion Lifetime Transactions Milestone
Circle, the issuer of the USDC stablecoin, says that the circulation of the digital asset clocked a year-on-year growth of 78 percent. Around November 2024, the company revealed that the monthly transaction volume of the USDC token touched the $1…
Jio Platforms Partners Polygon Labs to Bring Web3 Capabilities to Existing Apps, Services
Jio Platforms Ltd. (JPL) has announced a partnership with the Polygon blockchain as it plans its venture into Web3 technology. Reliance’s telecom subsidiary, Jio is looking to introduce features that rely on Web3 technology, on its existing features that are…
US President-Elect Donald Trump Said to Plan Elevation of Cryptocurrency as a National Priority
President-elect Donald Trump is planning to release an executive order elevating crypto as a policy priority and giving industry insiders a voice within his administration, according to people familiar with the plans. The order is expected to name crypto as…
Malaysia Considers Crypto, Blockchain Policies After Discussions With UAE Government
Malaysia could soon join other nations that are working on policies that govern the integration of cryptocurrencies and blockchain-related technologies into their financial systems. Earlier this week, Malaysian Prime Minister Datuk Seri Anwar Ibrahim met with UAE officials and Binance…
Bitcoin Rallies Above $100,000 Ahead of US President-Elect Donald Trump’s Inauguration, Ether Value Falls
Crypto prices are on the rise again, ahead of the inauguration of US President-elect Donald Trump on January 20. On Friday, Bitcoin’s price rose by 2.09 percent on international exchanges to trade at $101,526 (roughly Rs. 87.8 lakh) on global…
DMCC to Build 17-Storey ‘Crypto Tower’ in Dubai for Crypto, Web3 Firms
Dubai is set to get a landmark ‘Crypto Tower’ building by 2027. The 17-storey building will be located at the Dubai Multi Commodities Centre (DMCC). According to a blog post by the government entity, the 150,000 sq ft complex will…
Donald Trump’s New SEC Leadership Said to Kick Start Crypto Overhaul
Top Republican officials at the US Securities and Exchange Commission are poised to begin overhauling the agency’s cryptocurrency policies potentially as early as next week when President-elect Donald Trump takes power, said three people briefed on the matter. Among the…
Up Network, DreamSmart Launch Web3 Smart Glasses with Google Gemini
Up Network and DreamSmart have collaborated to unveil what the companies call the world’s first Web3- focused smart glasses with artificial intelligence (AI). Equipped with Google’s Gemini AI, the smart glasses offer real-time contextual artificial intelligence. Up Network has developed…
Bitcoin Price Rises Above $97,000 After Minor Slump, Values of Most Altcoins Increase
The cryptocurrency market experienced a rebound on Wednesday, with most digital assets registering profits. Bitcoin saw a 1.46 percent price increase on international exchanges, trading at $97,433 (roughly Rs. 84 lakh), according to CoinMarketCap data. Similarly, on Indian exchanges like…
Maha Kumbh Mela 2025: Chaincode, Okto to Issue Polygon-Powered NFT Tickets to Tent City Visitors
Maha Kumbh Mela 2025 began in Prayagraj on Monday, marking the beginning of one of the biggest religious and spiritual gatherings in the world. This year, Okto Wallet and blockchain-focussed Chaincode Consulting have partnered to offer Poloygon-based NFT tickets to…
US DFS, Bank of England Announce Transatlantic Regulatory Exchange to ‘Harmonise’ Digital Assets Regulations
With the rate of adoption of the digital assets sector on the rise in different parts of the world, more countries are stepping up their efforts to regulate the industry. Authorities from the US and the UK have decided to…
Mudrex Halts Crypto Withdrawals Till January 28 Amid Efforts to Automate User Verification System
Mudrex is seeking additional KYC details for users initiating crypto withdrawals, and the crypto investment firm has halted crypto withdrawals for the next couple of weeks as part of an ongoing upgrade to its ‘compliance suite’. The platform informed users…
CoinSwitch Announces Rewards-Backed Initiative for WazirX Users to Recover Around Rs. 600 Crore
CoinSwitch announced on Tuesday, January 7, the launch of a recovery initiative aimed at supporting distressed WazirX users who suffered losses in a hacking incident in July 2024. The initiative, branded as ‘CoinSwitch Care,’ aims to facilitate the recovery of…
Thailand Reportedly Plans to Test Cryptocurrency Payment Options for Tourists
Thailand is exploring new payment-related policies that are aimed at making it a more appealing destination for visitors, according to users. This week, the country’s Deputy Prime Minister and Finance Minister Pichai Chunhavajira said crypto will soon be tested as…
Hong Kong Announces Supervisory Incubator to Help Banks Safely Test Blockchain Technology
The Hong Kong Monetary Authority (HKMA) has established a ‘Supervisory Incubator’ that will help banks develop and test the use cases of the distributed ledger technology (DLT). The initiative was announced on Wednesday, during the FiNETech4 event organised by the…
Dubai Developer Damac signs $1 Billion Deal with Blockchain Platform Mantra
Mantra, a blockchain platform focused on real-world assets (RWAs), has signed a deal with Dubai developer Damac Group to tokenise assets in the Middle East worth at least $1 billion (roughly Rs. 8,589 crore), the two firms said on Thursday….
How Can I Track the BTC Price?
How Can I Track the BTC Price? Tracking the price of bitcoin can be tricky. This is because prices fluctuate constantly and can be affected by factors such as market news, regulatory developments, and technological progress. Fortunately, there are a…
Standard Chartered Introduces Crypto Service in Luxembourg Under MiCA Regulations
Standard Chartered bank announced on Thursday that it is expanding its crypto services to the European Union (EU). The London, UK-headquartered bank previously debuted its crypto-related services in Luxembourg. This makes Luxembourg the entry point for the bank into the…
China Plans to Develop Blockchain-Focused National Data Infrastructure By 2029
China’s government on Monday released guidelines for the development of a national data infrastructure, as part of efforts to improve its data exchange and management network. A document published by the National Development and Reform Commission and two other authorities…
Bitcoin Price Drops for Third Consecutive Day Alongside Ether and Most Altcoins
Bitcoin saw a small dip in its value on Friday, as the price of the world’s most popular digital asset fell by 0.65 percent on global exchanges. According to data by CoinMarketCap, the value of Bitcoin has come to $93,724…
IMF Urges Kenya to Align Crypto Regulations with Global Standards
The International Monetary Fund (IMF) has advised Kenya to prioritise creating a more predictable regulatory framework for its cryptocurrency sector. The IMF also recommended aligning Kenya’s crypto guidelines with global standards. Officials from Kenya’s Capital Markets Authority (CMA) had sought…
Explained: BWA’s ‘Cybersecurity and Fair-Trading Guidelines’ for VASPs in India
The Bharat Web3 Association (BWA), a non-governmental crypto body comprising industry stakeholders, has released detailed guidelines to promote safe business practices for Web3 service providers in India. Chaired by former FICCI Secretary General Dilip Chenoy, the BWA unveiled two comprehensive…
How Blockchain Fragmentation Can Limit the Compatibility and Scalability of Decentralised Technology
As blockchains receive continuous fine-tuning and improvements, developers are identifying crucial issues that are restricting the advances in interoperability and scalability of the technology. One such issue is called ‘blockchain fragmentation’. As the term suggests, it refers to a situation…
Crypto Prices Today: Bitcoin Falls Below $102,000, Altcoins Face Losses Amid Market Volatility
Stronger-than-expected US economic data disrupted crypto markets over the past 24 hours. Most cryptocurrencies, including Bitcoin, recorded losses on Wednesday, January 8. After briefly reaching $102,000 (roughly Rs. 87.5 lakh), Bitcoin dropped to $96,335 (roughly Rs. 82.7 lakh) on global…
Hong Kong-Based HashKey Obtains VASP Licence in Ireland to Comply With EU’s AMLD5
HashKey Europe, the subsidiary of Hong Kong-based HaskhKey crypto exchange, has secured an operational licence in Ireland. The Central Bank of Ireland has granted a Virtual Asset Service Provider (VASP) licence to the exchange, which grants the firm permission to…
Crypto Price Today: Bitcoin Stabilises at $93,000 After Market Correction, Losses Strike Most Altcoins
The crypto price charts reflected more losses than profits next to most cryptocurrencies on Monday, December 30. Bitcoin incurred a price dip of under a percent on international exchanges, trading at the price point of $93,197 (roughly Rs. 79.6 lakh),…
South Korea’s Jeju Island Said to Use NFT-Backed Visitor Cards to Attract Younger Tourists
Jeju Island, a self-governing province in South Korea, will reportedly incorporate non-fungible tokens (NFTs) technology into its tourism strategy. According to a recent report by South Korean publication Maeil Kyungjae (MK), the island’s authorities are launching an NFT-backed initiative to…