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Birla Institute of Management Technology Launches Bimcoin, a Blockchain-Based Campus Currency
BIMTECH has designed Bimcoin to facilitate secure and transparent transactions within the institute’s internal ecosystem for students, administrators, and vendors. Unlike conventional financial systems, Bimcoin leverages blockchain’s decentralised nature, ensuring transparency, and incorporating programmable features such as smart contracts, th...
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Bitcoin Blasts $100K Barrier Amid Trump's Vow To Make US "Crypto Capital"
With president-elect Donald Trump promising to make the US "the crypto capital of the planet", Bitcoin price is up more than 130 per cent so far this year.
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BRICS' Move to Introduce Digital Assets Platform for De-Dollarisation Sparks Criticism from Trump
Over the weekend, Trump warned BRICS nations, including India, to prepare for a 100 percent increase in tariff rates if they persist in efforts to diminish the US dollar's role in the global economy.
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Russia Approves Tax Bill on Cryptocurrency Transactions Amid BTC Boom: Details
Recently, the Federation Council, the Upper House of the Russian Parliament, approved a new bill that outlines the taxation framework for cryptocurrencies. This bill classifies virtual digital currencies as property.
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Hong Kong’s Largest Digital Bank ZA Now Offers Direct Crypto Trading Services for Retail Users
Hong Kong's ZA Bank now enables users to buy and sell Bitcoin and Ether directly using fiat currencies, HKD and USD. This service aims to simplify crypto access for retail users—those trading for personal gains—while offering benefits like zero commission for a limited time.
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Visa’s Crypto Partner Firm Transak Confirms Data Breach, Over 92,500 Users Impacted
In an official statement, Transak revealed that the personal details of 92,554 users were exposed in a data breach. The platform, which provides a gateway for converting fiat currencies into cryptocurrency, operates in over 162 countries, according to its website.
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RBI Governor Highlights Need for Faster Remittance Settlements Amid Advancing eRupee Trials
Speaking about the eRupee CBDC, RBI Governer Shaktikanta Das emphasised that it plays a key role in India's "world-class digital public infrastructure" (DPI), which has enabled the creation of various digital financial products. He highlighted that developing protocols like the eRupee is essential for enabling real-time, cost-effective cross-border...
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Crypto ATMs See Twice as Many Illicit Activities as Overall Industry: TRM Labs
A report by blockchain intelligence firm TRM Labs claims that the rate of illicit activities around crypto ATMs is double of what the entire ecosystem usually witnesses. In 2023, illicit volumes in the cash-to-crypto industry stood at 1.2 percent of total volume, double the 0.63 percent for the overall crypto ecosystem.
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Visa Partners Wirex to Offer Crypto Payment Services to Merchants Globally
Visa has struck a partnership with Wirex to bring crypto payment services to merchants around the world. An alternative to banking, Wirex allows people to process transactions in traditional currencies as well as through crypto assets.
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Bitcoin, Ether Prices Drop Under Macroeconomic Pressure as Values of Most Digital Currencies Fall
The overall valuation of the crypto market has tumbled by 4.63 percent in the last 24 hours. As of Monday, July 8, Bitcoin and Ether joined most altcoins on the loss-making side of the crypto charts. Solana, Avalanche, and Cardano have also recorded price dips alongside BTC and ETH.
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Investors Expect Crypto Tax Could Continue as Nirmala Sitharaman Returns as Finance Minister
The Indian crypto circle has been waiting for FM Sitharaman to revise the tax laws imposed over the crypto sector. Despite the outcry, the finance minister did not announce any taxation relief for the crypto sector while presenting the interim annual budget earlier this year. Her re-appointment to the finance minister’s position has sparked conce...
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From Rescue Pup To Global Icon: Story Of Real Life 'Dogecoin' Dog
Her fluffy face now frail, Kabosu still flashes the enigmatic smile that made her the go-to meme dog for millennials and inspired a $23 billion cryptocurrency beloved by Elon Musk.
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Over 1,000 Crypto ATM Machines Now Active in Australia: Report
The number of crypto ATM machines in Australia currently stands at the mark of 1,007. In the last four months, crypto market valuation rose close to the capitalisation of $3 trillion (roughly Rs. 2,50,00,650 crore). This bull run for the sector could be considered as a reason behind the rise in the number of crypto ATM machines globally.
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Thailand Takes Decision to Ban Unlicenced Crypto Exchanges to Prevent Online Crime
This week, the Securities and Exchange Commission of Thailand released a public order that said that it was coordinating with the Thai government to block unauthorised providers of digital assets services.
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Book Excerpt | Crypto, Drugs, Dark Web: Inside India's Murky Marketplaces
Here is an excerpt from Mitali Mukherjee's book 'Crypto Crimes: Inside India's Best-Kept Secret', which delves into the murky underbelly of the crypto world and its spread across India.
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Birla Institute of Management Technology Launches Bimcoin, a Blockchain-Based Campus Currency
BIMTECH has designed Bimcoin to facilitate secure and transparent transactions within the institute’s internal ecosystem for students, administrators, and vendors. Unlike conventional financial systems, Bimcoin leverages blockchain’s decentralised nature, ensuring transparency, and incorporating programmable features such as smart contracts, th...
-
Bitcoin Blasts $100K Barrier Amid Trump's Vow To Make US "Crypto Capital"
With president-elect Donald Trump promising to make the US "the crypto capital of the planet", Bitcoin price is up more than 130 per cent so far this year.
-
BRICS' Move to Introduce Digital Assets Platform for De-Dollarisation Sparks Criticism from Trump
Over the weekend, Trump warned BRICS nations, including India, to prepare for a 100 percent increase in tariff rates if they persist in efforts to diminish the US dollar's role in the global economy.
-
Russia Approves Tax Bill on Cryptocurrency Transactions Amid BTC Boom: Details
Recently, the Federation Council, the Upper House of the Russian Parliament, approved a new bill that outlines the taxation framework for cryptocurrencies. This bill classifies virtual digital currencies as property.
-
Hong Kong’s Largest Digital Bank ZA Now Offers Direct Crypto Trading Services for Retail Users
Hong Kong's ZA Bank now enables users to buy and sell Bitcoin and Ether directly using fiat currencies, HKD and USD. This service aims to simplify crypto access for retail users—those trading for personal gains—while offering benefits like zero commission for a limited time.
-
Visa’s Crypto Partner Firm Transak Confirms Data Breach, Over 92,500 Users Impacted
In an official statement, Transak revealed that the personal details of 92,554 users were exposed in a data breach. The platform, which provides a gateway for converting fiat currencies into cryptocurrency, operates in over 162 countries, according to its website.
-
RBI Governor Highlights Need for Faster Remittance Settlements Amid Advancing eRupee Trials
Speaking about the eRupee CBDC, RBI Governer Shaktikanta Das emphasised that it plays a key role in India's "world-class digital public infrastructure" (DPI), which has enabled the creation of various digital financial products. He highlighted that developing protocols like the eRupee is essential for enabling real-time, cost-effective cross-border...
-
Crypto ATMs See Twice as Many Illicit Activities as Overall Industry: TRM Labs
A report by blockchain intelligence firm TRM Labs claims that the rate of illicit activities around crypto ATMs is double of what the entire ecosystem usually witnesses. In 2023, illicit volumes in the cash-to-crypto industry stood at 1.2 percent of total volume, double the 0.63 percent for the overall crypto ecosystem.
-
Visa Partners Wirex to Offer Crypto Payment Services to Merchants Globally
Visa has struck a partnership with Wirex to bring crypto payment services to merchants around the world. An alternative to banking, Wirex allows people to process transactions in traditional currencies as well as through crypto assets.
-
Bitcoin, Ether Prices Drop Under Macroeconomic Pressure as Values of Most Digital Currencies Fall
The overall valuation of the crypto market has tumbled by 4.63 percent in the last 24 hours. As of Monday, July 8, Bitcoin and Ether joined most altcoins on the loss-making side of the crypto charts. Solana, Avalanche, and Cardano have also recorded price dips alongside BTC and ETH.
-
Investors Expect Crypto Tax Could Continue as Nirmala Sitharaman Returns as Finance Minister
The Indian crypto circle has been waiting for FM Sitharaman to revise the tax laws imposed over the crypto sector. Despite the outcry, the finance minister did not announce any taxation relief for the crypto sector while presenting the interim annual budget earlier this year. Her re-appointment to the finance minister’s position has sparked conce...
-
From Rescue Pup To Global Icon: Story Of Real Life 'Dogecoin' Dog
Her fluffy face now frail, Kabosu still flashes the enigmatic smile that made her the go-to meme dog for millennials and inspired a $23 billion cryptocurrency beloved by Elon Musk.
-
Over 1,000 Crypto ATM Machines Now Active in Australia: Report
The number of crypto ATM machines in Australia currently stands at the mark of 1,007. In the last four months, crypto market valuation rose close to the capitalisation of $3 trillion (roughly Rs. 2,50,00,650 crore). This bull run for the sector could be considered as a reason behind the rise in the number of crypto ATM machines globally.
-
Thailand Takes Decision to Ban Unlicenced Crypto Exchanges to Prevent Online Crime
This week, the Securities and Exchange Commission of Thailand released a public order that said that it was coordinating with the Thai government to block unauthorised providers of digital assets services.
-
Book Excerpt | Crypto, Drugs, Dark Web: Inside India's Murky Marketplaces
Here is an excerpt from Mitali Mukherjee's book 'Crypto Crimes: Inside India's Best-Kept Secret', which delves into the murky underbelly of the crypto world and its spread across India.
