KARRAT Foundation Announces Studio Chain to Revolutionize Web3 Gaming
This move aligns with the growing trend of publisher-specific blockchains designed to create customized ecosystems for creators and developers.
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News
Stay informed with Crypto India Magazine, your professional destination for crypto news, the latest Web3 news, and updates from the blockchain world. We deliver accurate and timely coverage from cryptocurrency news today to insights into DeFi, NFTs, and other innovations. Whether you're catching up on crypto news today or diving into the latest Web3 news, Crypto India Magazine ensures you’re always in the know.
Russia Approves Draft Amendments for Crypto Taxation Framework, Sets Mining Rules
Under the amendments, cryptocurrencies will be classified as property for tax purposes. Income generated from mining activities will be taxed based on the market value of the mined cryptocurrency at the time of receipt.
MicroStrategy Plans $1.75 Billion Convertible Notes Offering to Fund Bitcoin Purchases
The notes, which mature on December 1, 2029, will not bear interest or accrete principal and will be convertible under specific conditions into cash, shares of MicroStrategy’s class A common stock, or a combination of both, at the company's discretion.
Robert F. Kennedy Jr. Reveals Major Bitcoin Investment, Advocates Policy Integration
Kennedy’s Bitcoin advocacy spans years, focusing on the cryptocurrency’s decentralized, supply-capped nature as a safeguard against economic instability.
DOG Meme Coin Soars 88% Amid Kraken Listing and Binance Rumors
This speculation comes on the heels of DOG’s recent listing on Kraken futures on November 15, which triggered a significant rally over the weekend.
Michael Saylor Dismisses Bitcoin Dip, Eyes $100K by Year-End
Saylor attributed part of his optimism to Donald Trump's election victory, which he believes has clarified the regulatory landscape for cryptocurrencies in the United States.
Ethena Advances DeFi Ecosystem with ENA Fee Sharing and Aave Integration
On November 15, the foundation approved a proposal by cryptocurrency market maker Wintermute to share a portion of its fee revenues with ENA token holders. This move aims to align the growth of the Ethena protocol with its tokenholders' interests.
U.S. Military Embraces Generative AI, Anthropic Joins Forces with Palantir and AWS
Anthropic announced the partnership last week, stating that its generative AI models would empower defense agencies with rapid data processing and analysis tools.
18 States Sue SEC Chair, Gary Gensler Hints at Resignation
The lawsuit, led by Republican attorneys general, argues that Gensler's "regulation by enforcement" approach undermines states’ authority to regulate cryptocurrencies and stifles innovation.
Elon Musk’s $258B Dogecoin Lawsuit Dismissed as Investors Drop Appeal
The lawsuit, initiated in 2022, accused Musk and Tesla of engaging in a "pump and dump" scheme with Dogecoin, resulting in financial losses for investors.
Hashtag Web3 Releases a Collaborative Report on India’s Digital Currency
Drawing insights from over 30 industry experts and the Web3 community, the report sheds light on the potential of a Central Bank Digital Currency (CBDC) to revolutionize financial inclusion, digital payments, and economic growth.
Delhi Police Arrests Suspect in $234M WazirX Crypto Hack
According to the chargesheet, the accused revealed during interrogation that he had been approached on Telegram by a buyer offering a payment for WazirX crypto accounts with credentials.
Bitwise Acquires Ethereum Staking Provider Attestant, Grows AUM to $10 Billion
Attestant, known for its institutional-grade Ethereum staking services, manages approximately $4 billion in staked assets. Its services cater to financial institutions, family offices, and high-net-worth individuals.
Immutable Launches Pre-Approved Transactions for Seamless Web3 Gaming
The gaming industry, surpassing $200 billion in annual spending on in-game assets, is a thriving frontier for Web3 integration. However, the complexity of blockchain transactions has often disrupted gameplay.
Bitcoin’s $88K Rally Sparks 26% MicroStrategy Surge, 20% Coinbase Jump
As Bitcoin reached a peak of $88,364 on Monday before a slight dip, both MicroStrategy and Coinbase demonstrated the increasing influence of the cryptocurrency market on traditional equities.
Crypto Market Cap Hits Historic $3 Trillion as Bitcoin Surges Past $86k
This recent growth underscores the sector's momentum, with Bitcoin’s market cap alone accounting for over $1.7 trillion (at the time of writing), representing a 55.7% dominance in the crypto market.
FTX Sues Binance and Former CEO Changpeng Zhao in $1.8B Recovery Push
According to FTX, this buyback, initiated by FTX’s then-CEO Sam Bankman-Fried (SBF), was financed with FTX’s native token, FTT, along with Binance’s tokens BNB and BUSD, despite FTX allegedly being insolvent at the time.
Rekt Brands Raises $1.5M in Seed Funding as Rekt Drinks Sell Out Worldwide
This announcement follows the recent launch of Rekt Drinks, Rekt’s first physical consumer product. The lime-flavored sparkling water, branded with the recognizable Rekt logo, was made available in 32 countries, with an initial stock of 222,456 cans.
Bitcoin Mining Difficulty Surges Past 100 Trillion For The First Time Amid Record Hash Rate
Bitcoin mining difficulty is a measure of how challenging it is to mine a new block relative to the easiest it could ever be.
Robinhood, Kraken, and Paxos Lead Launch of Yield-Sharing USDG Stablecoin
This coalition of companies, named the Global Dollar Network, aims to foster widespread adoption of USDG by offering yield to network participants.
Crypto PAC Raises $78M from Coinbase, Andreessen for 2026 Midterms
This includes a $48 million injection from crypto exchange Coinbase and venture capital firm Andreessen Horowitz (a16z) and $30 million already raised, highlighting the industry's long-term commitment to regulatory influence.
Bitcoin Surges Past $71,000 as U.S. Elections Near; Metaplanet Adds $10.5M in BTC
Market analysts are closely monitoring Bitcoin’s movements, particularly with a potential 25-basis-point rate cut expected from the Federal Reserve in early November.
RBI Governor Warns of Cryptocurrencies’ Threat to Financial Stability, Calls for Global Regulation
Shaktikanta Das warned that widespread adoption of cryptocurrencies could undermine the RBI’s control over the economy, particularly with regard to money supply and inflation control.
LayerK Unveils Tools to Aid Monetization and Networking for Blockchain Digital Creators
Among the key features, LayerK provides monetization avenues tailored for creators, addressing a growing challenge in the digital economy: sustainable revenue.