Bitcoin is not property - South Korean Supreme Court

The South Korean Supreme Court recently held that no charges of embezzlement or misappropriation can be framed against a South Korean crypto investor who used Bitcoins that were accidentally transferred - overruling earlier decisions by lower courts

Legal issues in Blockchain

Blockchain technology conceptualized by a pseudonymous bitcoin creator, Satoshi Nakamoto, blockchain technology is a distributed ledger for maintaining a permanent and tamper-proof record of data.

Korean crypto exchange _Coinone to stop withdrawals to unverified external ...

Coinone, part of "Big Four crypto exchanges in South Korea, announced Wednesday that with effect from January 24, 2022, it will no longer allow withdrawals to non-verified external wallets.

Marathon Digital Holdings orders 78,000 Bitmain miners

Marathon Digital Holdings, a Nasdaq-listed bitcoin mining company based in Las Vegas, has ordered mining machines worth $879.06 million from Bitmain. The Nevada based entity disclosed this purchase in a press release last week. Marathon is one of the

Monkey King NFTs Stolen

Fans of the popular new NFT collection Monkey Kingdom were the target of a hacking theft on Tuesday, reported South China Morning Post. The NFT project Monkey Kingdom was founded by eight pseudonymous crypto enthusiasts based in Hong Kong and promoted by

Solana is the Ethereum killer?

Solana is a high-performance blockchain taunted to solve the blockchain scalability problem

An analysis of the SC Decision in RBI Case

The Reserve Bank of India ('RBI') vide Circular - Prohibition on dealing in Virtual Currencies ('VCs') dated April 6, 2018 ('RBI Circular') has prohibited its regulated entities from dealing with VCs or providing services for facilitating any person or

Russia cracks down on Revil ransomware gang

The Russian Federal Security Bureau (FSB) on Friday (January 14) announced a crackdown on REvil criminal gang that has attacked US targets ruthlessly in the recent past. The accused have not been named by FSB, but the arrests took place in Moscow, the Lip

HKMA issues consultation on regulation of stablecoins

Hong Kong Monetary Authority (HKMA), the de facto central bank of the city-state has issued a discussion paper on crypto-assets and stable coins yesterday (January 12), inviting views from the industry and public on the relevant regulatory approach. Accor

Google invests in Ennoconn, Foxconn subsidiary in Taiwan for metaverse ...

Ennoconn Corporation, a Taiwanese listed computer hardware subsidiary of iPhone supplier Foxconn, has announced a NT$1.1 billion (US$39.8 million) investment from Google, as the two plan to cooperate on metaverse projects in Taiwan.

Crypto companies seek clarity on tax regime

As the Indian government continues to deliberate the regulatory framework for cryptocurrencies and digital assets— the winter session of the parliament concluded on Dec. 22 without the introduction of the crypto bill. The bill was listed twice in 2021 f

Bitcoin mining hashrates fall amid Kazakhstan internet shutdown

As protests spread across the Eurasian nation, Kazakhstan's government has cut off internet access leading to the halt of the country's bitcoin mining operations. A majority of Chinese miners have migrated in mass to Kazakhstan last year as the Chinese go

OpenSea NFT market place refunds users impacted by exploit

OpenSea, the leading NFT market place has reimbursed 750 Ethereum to 130 wallets totalling about $1.8 million, to users who accidentally sold valuable NFTs at well below their market rate through an exploit involving “inactive listings.”

What is a 51% attack on a blockchain

A 51% attack also known as the majority attack refers to a malicious actor or a group acting in concert, controlling the majority of the total mining power of the blockchain network and disrupting the integrity of the blockchain. This attack is one of the

Bitfinex hack and Tiktok: The hacker made cringe videos on ...

On Tuesday, the US Department of Justice has announced the seizure of US 3.6 billion in bitcoin. The bitcoin is related to the infamous 2016 hack of Korean exchange Bitfinex then valued at $72 million.

ASCI issues advertising guidelines for crypto and digital assets

<p>The Advertising Standards Council of India (ASCI) the self-regulatory body for advertisements has today issued guidelines for advertisements for virtual digital assets, commonly referred to as crypt

Dream11 in talks to invest in Rario cricket NFT platform

This will be the first investment by Dream11 in web3 space

SC to Central Government: Clarify stand on legal status of ...

The apex court was hearing a petition seeking to quash proceedings related to the GainBitcoin scam

China's Supreme Court Rules Crypto Transactions Constitute 'Illegal Fundraising'

In a fresh ruling, the Supreme Court of China has ruled cryptocurrencies as illegal fundraising means.

Crypto assets tank amid Russian invasion of Ukraine

Financial markets including virtual currencies historically plummet on the first day of the war.

Bitcoin donations pour into Ukraine, surpasses $50 million

The government wallet received $13 million.

What made USDC a success in the crowded stable coin ...

USDC is the second-largest stable coin on the market and is known for its transparency.

Blockchain Trilemma: How industry is scaling blockchains

Achieving scalability to compete with legacy systems solves blockchain trilemma

Monero: What is it and Why it famous

Monero is considered more of a privacy token and allows cybercriminals anonymity from law enforcement.

Govt collects INR 95 crores from crypto exchanges in GST ...

In December 2021, Central Goods and Services Tax (CGST) had detected GST evasion of ₹40.5 crores on commission earned by India’s leading crypto exchange WazirX.

New crypto tax regime to take effect from tomorrow

The proposed tax is amongst the highest rates in the world

EU wants to impose KYC requirements to self-hosted wallets

The move is condemned by the crypto industry as privacy-invasive

Cricket NFT platform Rario raises $120 Million Series A funding ...

WazirX co-founders shift base to Dubai amid regulatory uncertainty

After Income Tax, Govt now to impose 28% GST on ...

Ban celebrities from promoting crypto products: SEBI

Government ready with policy paper on crypto: Report

Crypto Market Crashing In India: 3 Key Points To Understand ...

The crypto market in India is significantly crashing for the second time in a month. Given the current negative risk sentiment, a turnaround is unlikely very soon. In this latest crash, the crypto market's value slumped under $1 trillion for the first tim

Telangana: Advocate loses Rs 55 lakh to cypto fraudsters

Indian Experts Say The Concept Of ‘Getting Rich Quickly’ By ...

A dramatic drop in the price of Bitcoin and other cryptocurrencies has dealt a further setback to India's already sagging cryptocurrency sector.

GainBitcoin Fraud: India’s Biggest Crypto Ponzi Scam Could Be Worth ...

The GainBitcoin fraud, which shook the country a few months ago, is turning out to be far greater than first imagined, with sources claiming that about 100,000 victims may have lost more than Rs 1 trillion.

Massive Meltdown Sends Bitcoin Crashing Under $20,000 | Experts Issue ...

Bitcoin's price has suddenly dropped below the all-time low of $20,000 set in 2017. This occurs as the stock market, as a whole, plummets due to widespread rumours and persistent issues.

Softer Indian Regulation In The Works For Bitcoin, Ethereum, & ...

A top government official claimed the country was developing a cryptocurrency consultation document, which might be a hint that the unfriendly climate and rules for cryptocurrencies in India are being eased.

What Is Crypto Gaming? Will It Be Successful In India?

Crypto gaming is a form of online skill game in which players may earn cryptocurrency by playing games such as poker, rummy, fantasy, and ludo. The concept behind employing crypto assets in gaming is that players may earn an asset that has the potential t

Crypto Scammers Are Stealing Millions From Indian Investors With Elaborate ...

A new report claimed on Tuesday that fake cryptocurrency exchanges have defrauded Indian investors out of more than $128 million (almost Rs 1,000 crore) as the global crypto market plummets.

India Will Propose Adding A 28 Percent Tax On Cryptocurrency ...

On June 28–29, a panel discussion between India's federal and state finance ministers will decide whether to enact a new tax on cryptocurrency transactions.

Crypto exchange Vauld stops withdrawals, hires Cyril Amarchand as legal ...

Crypto exchange CoinDCX hires former Dream11 executive as Policy Chief

Exercise caution while dealing in cryptocurrency, Nirmala Sitharaman warns public, ...

FIFA to launch New NFT Platform in partnership with Algorand ...