After the Terra Crash Saw Billions Wiped in India, Taxes May Hit Harder
May was a dark month for Terra (LUNA) investors worldwide. As the algorithmic-stablecoin project crashed, investors lost billions as the value of the ecosystem’s token’s plummeted 88% in just five…
BTC Drops Below $30k Level Following Positive Weekly Close
Bitcoin (BTC) has dropped below the $30k level in the last 24 hours. BTC attempted to retest the $31,700 level but was followed by a bearish wave. Should the current…
South Korea’s Cytwon, the metaverse gets a nod from Google
South Korea has been creating quite an uproar in the digital world. The government has been extensively looking into the whole Terra fiasco over the last couple of weeks. Amidst…
Indonesian Crypto Exchange Pintu Raises $113M in the Face of a Bear Market
A relatively unknown crypto exchange in Indonesia has secured a major funding round with eyes on the expansion of services to its burgeoning local market. The whopping $113 million Series…
US Crypto Bill allegedly leaked; Regulators to go ‘hard’ this time?
During the late hours of Monday, a set of documents with the ‘EMBARGOED’ watermark started doing the rounds on social media. As soon as Twitter user ‘bot_slam’ tweeted images of…
‘Rife With Falsehoods:’ Binance Slams Reuters Report On Money Laundering Allegations
Binance, the world’s largest cryptocurrency exchange, has denied the allegations from a Monday Reuters report stating that $2.4 billion in stolen crypto was laundered through its platform. What Happened: In…