In 2022, India introduced strict crypto tax rules that many thought would kill the country's growing interest in digital currencies. The government added a 30% tax on all crypto profits and a 1% tax deducted at source (TDS) on...
David Sacks, the newly appointed White House AI and Crypto Czar, has drawn renewed attention from the XRP community due to his past remarks on the SEC v. Ripple case. His comments, made during a July 14, 2023 episode...
The non-fungible token (NFT) market appears to be rebounding, with trading volume jumping over 20% in November, according to a DappRadar report. The data reveals that NFT trading volume reached $698 million, reflecting a 22% rise from October. DappRadar...
Former U.S. Treasury Secretary Lawrence Summers has criticized President-elect Donald Trump’s proposal to establish a national Bitcoin reserve, describing it as “crazy” and a tactic to appease crypto-friendly campaign donors. Speaking to Bloomberg TV on December 6, Summers argued...
Chris Burniske, former ARK Invest analyst and partner at Placeholder VC, has advised crypto investors to avoid overhyping market targets despite the growing bullish sentiment. In a recent post on X, Burniske reflected on past market cycles, urging investors...
Binance has revamped its P2P Merchant Program, unveiling a three-tier reward system—Bronze, Silver, and Gold—to recognize verified merchants based on their trade volume and performance. The exchange claims the update targeted at encouraging higher trading standards and enhancing user...
The team behind the Pudgy Penguins NFT collection has revealed plans to launch a new token, PENGU, on the Solana blockchain before the year ends. In a recent announcement on X, the team noted that the launch of PENGU...
U.S. President-elect Donald Trump has appointed venture capitalist David Sacks, co-founder of Craft Ventures, as the first-ever White House AI and Crypto Czar. Trump announced the move in a post on Truth Social on December 6. He expressed confidence...
Throughout history, technological shifts have created huge wealth for those at the forefront of change. The Industrial Revolution made billionaires like Andrew Carnegie and John D. Rockefeller, while the internet boom in the ’90s created tech giants like Amazon,...
Mt. Gox transferred over 24,000 Bitcoin (BTC), valued at approximately $2.5 billion, to an unidentified address after Bitcoin surpassed the $100,000 mark. According to Arkham Intelligence, a transaction involving 24,051 BTC was sent to a previously inactive address that...
