Indian Finance Minister Ignores Crypto Industry’s Budget Tax Plea
The Indian Finance Minister Nirmala Sitharaman’s 2024-25 Union Budget speech on July 23 made no mention of cryptocurrencies. It has left the crypto industry in India in a state of uncertainty.
WazirX Takes Legal Action, Reports $234.9M Hack to FIU and CERT-In
“We’re reaching out to 500+ exchanges to block the identified addresses. Many exchanges are cooperating with us, and we are actively working with them on additional resources to aid our recovery efforts,” said WazirX.
BlockFi to Start Crypto Distributions to Creditors Through Coinbase This Month
As per the company, the distributions will be processed in batches in the coming months, and eligible clients will receive a notification to the BlockFi account email on file.
Indian Crypto Exchange Wazirx Falls Victim to a North Korea-Linked ₹1900 Crore Hack
As per Web3 security firm Cyvers, a total of $234.9M (which is over ₹1900 crore) of WazirX’s funds have been moved to a new address. Each transaction’s caller is funded by Tornado Cash.
Indian Crypto Industry Calls for Budget 2024 Reforms to Boost Growth and Innovation
The crypto industry in India is hopeful that Budget 2024 will bring changes to support growth and innovation. Experts want a better regulatory and tax environment for the digital economy.
Donald Trump Picks Ohio Senator J.D. Vance as His VP Running Mate
QUICK BITE The potential return of Donald Trump to the White House in 2025, with pro-crypto policies, could significantly accelerate...
Asia’s MicroStrategy, Metaplanet Buys Additional $1.2 Million Worth of Bitcoin, Stock Soars 25.8%
QUICK BITE Metaplanet bought $1.2 million worth of Bitcoin, now holding 225.611 BTC. Their stock jumped 25.8% following the news....