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India’s 30% tax on crypto revenues took effect yesterday
being March 31st. Additionally, the business must contend with the potential of another 1% Tax Deducted at Source (TDS) increase scheduled to take effect on July 1.
India's…
Ethereum’s DeFi Protocol Inverse Finance hacked and millions of dollars stolen
On Saturday, Inverse Finance was hacked. The hacker has already transferred more than $14.6 million using Tornado Cash.
Another day, another DeFi security breach. Inverse Finance is the…
Elon Musk Shares Video About DOGE That “Explains Everything”
Elon Musk, CEO of Tesla, SpaceX, and a few other high-profile enterprises, is also a huge admirer of meme cryptocurrency Dogecoin. He just shared a DOGE meme video.
This was in reaction…
Goldman Sachs Is Preparing to Launch Crypto Investment Services
Previously, Goldman Sachs was known for its anti-crypto stance. Today, it aspires to be the market leader in cryptocurrencies via the introduction of innovative investment products.
Mary…
The Bored Ape Yacht Club acknowledges that its Discord server has been hacked
Bored Ape Yacht Club's Discord server – the biggest NFT collection by market value — was hacked today, the organisation announced in a tweet.
Unknown hackers obtained access to the…
Elizabeth Warren Urges the United States to Establish a CBDC
"I believe it is past time for us to go on that path," the Democratic senator told NBC's Chuck Todd during a Thursday night interview.
Senator Elizabeth Warren (D-Mass.) of the United…
A Bill Being Introduced Would Require Stablecoins to be Backed by Dollars or Government Securities
Rep. Trey Hollingsworth and Sen. Bill Hagerty presented the Stablecoin Transparency Act.
In a nutshell, the Stablecoin Transparency Act would require stablecoins to be completely backed…
I Am Not Anti-Crypto, Controversial EU Money Laundering Proposal’s Architect Declares
Assita Kanko of Belgium tells CoinDesk in an exclusive interview that she just wants to avoid anonymous payments being used for criminal activity. Her assertions are unlikely to sway an…
Japan’s central bank urges G7 to regulate crypto quickly
Officials from the Bank of Japan have cautioned the G7 countries that the clock is ticking on a unified framework for the regulation of the virtual currency, cryptocurrencies.
Reuters…
IMF says Russian sanctions might encouragecrypto usage and weaken the dollar
As the Russian invasion of Ukraine enters its second month, the head of the International Monetary Fund (IMF) has warned that the financial sanctions placed on the invading country,…
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