Crypto Trading Booms in India’s Smaller Cities Amid Regulatory Uncertainty
Cryptocurrency trading is surging in India, with increasing participation from smaller cities, despite regulatory uncertainties and steep taxes. Many young…
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Breaking cryptocurrency news, price moves, and deep analysis — from Bitcoin and altcoins to regulation and adoption. Crypto India Magazine covers the global crypto economy.
Cryptocurrency Market Maker Founder Extradited to U.S. on Market Manipulation Charges
Andriunin was among 15 individuals and three companies charged in October as part of "Operation Token Mirrors," an investigation led by the Federal Bureau of Investigation (FBI) aimed at exposing fraudulent activities in the cryptocurrency market.
Bitcoin ETFs See Record $937.9 Million Outflow Amid Market Uncertainty
Among the affected ETFs, Fidelity’s FBTC recorded the largest outflow, with investors withdrawing $344 million. BlackRock’s IBIT followed with $164 million in outflows, while Grayscale’s GBTC saw a net outflow of $66 million.
Pundi AI Rebrands Token, Reduces Supply in Major Upgrade
Pundi AI has officially rebranded its token, marking a significant shift in its blockchain ecosystem. As of February 25, 2025,…
ED Raids Delhi, Jaipur, Mumbai Over ₹600 Crore Crypto Scam Linked to Chirag Tomar
The scam, orchestrated through spoofed websites mimicking legitimate cryptocurrency exchanges, has links to Chirag Tomar, an Indian national currently serving a prison sentence in the United States for a similar fraud.
BNB Chain Launches Meme Liquidity Support Program to Boost Memecoins
Starting February 18, 2025, BNB Chain is introducing the Meme Liquidity Support Program, a new initiative aimed at strengthening memecoins…
Bitcoin Faces Market FUD and Tariff Pressure: Is the Bottom Still Ahead?
The market’s volatility has been fueled by a mix of bearish sentiment, macroeconomic pressure, and shifting investor strategies, painting a complex picture for the months ahead.
Bitget Awards $70 Million in Employee Bonuses Amid Rapid Growth
The bonus structure included mid-year and year-end payouts, with some top-performing employees receiving bonuses equivalent to 50 months of salary. Most employees were awarded bonuses ranging between four to eight months’ salary, aligning with Bitget’s commitment to rewarding staff for their role in the company’s success.
Five Upcoming Crypto Listings 2025 – New Coin Exchange Listings
Here are five cryptocurrencies anticipated to list on major exchanges in 2025, based on their innovative concepts, strong presale performances,…
FTX to Start Creditor Repayments in Bahamas from February 18
This repayment process, approved in October 2024 and effective from January 3, 2025, is part of FTX’s broader strategy to address its financial obligations following its collapse in November 2022.
MicroStrategy Pauses Bitcoin Buying Spree After $20B Spending Surge
MicroStrategy, the business intelligence firm turned Bitcoin treasury company, has temporarily halted its Bitcoin acquisitions after a 12-week streak of…
India Reviews Crypto Regulations Amid Global Policy Shifts and New Tax Rules
The review also coincides with the introduction of new tax policies targeting undisclosed crypto gains. Starting February 1, 2025, profits from crypto investments will be taxed under Section 158B of the Income Tax Act, typically reserved for assets like money, jewelry, and bullion.
Union Budget 2025-26 Upholds Crypto Tax Regime, Proposes New Reporting Measures
Finance Minister Nirmala Sitharaman proposed an amendment to the Income Tax Act. The amendment would require a designated reporting entity to disclose transaction details related to virtual digital assets (VDAs).
Bitpanda, OKX, and Crypto.com Secure MiCA Licenses
Bitpanda announced it had secured its license from Germany’s Federal Financial Supervisory Authority (BaFin), while OKX and Crypto.com gained accreditation in Malta.
Alchemy Pay Gains AUSTRAC Approval, Expands Crypto Payments in Australia
With this registration, Alchemy Pay can partner with local payment facilitators, delivering cost-effective crypto exchange services tailored to Australian users.
Solana’s Stablecoin Supply Hits $10.5 Billion Amid Memecoin Frenzy
Stablecoins, crucial for liquidity in the crypto economy, have become a cornerstone of activity on Solana, enabling seamless trading in rapidly growing sectors like memecoins and decentralized finance (DeFi).
MicroStrategy Redeems $1.05 Billion in Convertible Notes Amid Taxation Concerns
The move is seen as a strategy to reduce the company’s debt burden while encouraging noteholders to convert their holdings into equity. Noteholders have until February 24 to either redeem their securities at face value or opt for the conversion.
Bitcoin Could Surge to $700K Amid Fears of Currency Debasement, Says BlackRock CEO
During an interview at the World Economic Forum in Davos, BlackRock CEO Larry Fink recently shared his views on Bitcoin’s…
UAE-Based Crypto Firm Admits to Wash Trading Scheme on Uniswap
The charges follow "Operation Token Mirrors," an FBI-led sting operation launched in October 2023 to identify fraudulent activities in the crypto industry.
El Salvador Adds 11 BTC to Reserves Amid Promises to Limit Adoption
This development follows a December 2024 agreement with the IMF, where El Salvador pledged to curb its Bitcoin policies in exchange for a $1.4 billion loan.
WazirX Freezes $3 Million in Crypto Assets Stolen in Cyberattack
International collaboration played a crucial role in identifying the perpetrators. A joint statement issued on January 14 by the United States, South Korea, and Japan attributed the heist to North Korean hackers associated with the Democratic People’s Republic of Korea (DPRK).
7 Best Hardware Crypto Wallets to Secure Your Digital Assets in 2025
As the market attracts more investors, hardware crypto wallets have become essential for cryptocurrency holders.
JioCoin Debuts on Polygon, Raises Utility and Transparency Queries
JioCoin currently functions as a reward mechanism for users browsing via JioSphere. Kashif Raza, CEO of Bitinning, speculated that JioCoin could play a broader role in Jio’s extensive ecosystem, possibly allowing users to redeem tokens for services like mobile recharges or purchases at Reliance outlets.
Dubai’s DMCC Unveils 17-Story Crypto Tower to Drive Blockchain Innovation
The Crypto Tower will feature over 150,000 square feet of leasable space, including nine floors of offices tailored for crypto startups and established enterprises.