Recent revelations regarding tax evasion in India’s burgeoning cryptocurrency market have sent shockwaves through the financial community, highlighting the controversial dynamics of crypto trading and regulation in the country. The GST authorities have uncovered a staggering ₹99.1 million (approximately $99 million) in tax evasion involving 17 cryptocurrency exchanges operating in India, signaling an urgent need
November saw alarming statistics in the world of decentralized finance (DeFi), particularly concerning the BNB Chain, where a staggering 35.5% of its blocks were reported to be affected by Sandwich attacks. This aggressive form of front-running, a tactic where malicious actors anticipate and exploit upcoming transactions, has become increasingly prevalent. Within just one week, a
The cryptocurrency market is experiencing a significant resurgence, with Ethereum (ETH) taking the lead as it surpasses the $4,000 mark for the first time in ten months. This pivotal moment signifies not only a remarkable 40% price increase within a single week but also reflects a broader positive shift within the crypto landscape. Analysts and
Bitcoin has undoubtedly captivated the financial world, particularly during its recent rousing journey past the $100,000 threshold. However, this remarkable ascent has been met with unexpected volatility. After a brief surge that propelled Bitcoin beyond this significant psychological milestone, the leading cryptocurrency quickly faced a stark correction, slipping down to around $94,000. This retracement raises
In a rapidly changing digital landscape, Semilore Faleti emerges as a committed figure in cryptocurrency journalism, adept at unraveling both complex ideas and prevailing narratives within the blockchain sector. What sets Semilore apart is not just his expertise in digital currencies but his unique perspective that intertwines financial advocacy with a deeper commitment to social
The cryptocurrency market is notoriously volatile, yet the current momentum around Ethereum (ETH) indicates a potentially bright future. After surging above $4,000 for the first time since March 2023, Ethereum has rekindled the hopes of investors. With analysts like BallaJi projecting that ETH could soar as high as $18,000, the atmosphere surrounding Ethereum has shifted
In recent weeks, the cryptocurrency market has been buzzing with excitement over Bitcoin’s remarkable journey. The flagship digital asset has surged beyond the $100,000 threshold for the first time in its history, a monumental achievement that has reverberated throughout the financial landscape. However, as with every high point, this milestone prompts a critical examination of
The emergence of Spot Bitcoin Exchange-Traded Funds (ETFs) in the United States has dramatically altered the structure, perception, and dynamics of the cryptocurrency ecosystem. Essentially, these financial instruments allow investors to gain exposure to Bitcoin without having to buy and hold the cryptocurrency directly. Launched in January 2024, these ETFs have seen unprecedented growth, positioned
In the constantly evolving landscape of cryptocurrency, few platforms have managed to attract as much attention as Pump.Fun. Recently, the platform’s announcement to restrict access for users in the UK underlines the ongoing tension between innovation in the crypto sector and the regulatory measures intended to oversee it. Following a warning from the Financial Conduct
Semler Scientific, the healthcare technology provider, has made significant waves in the cryptocurrency landscape by recently acquiring an additional $30 million in Bitcoin. This purchase has bolstered their total holdings to 1,873 BTC, marking a notable strategic commitment to Bitcoin. According to the company’s formal statement, the acquisition comprised 303 BTC, which was executed between