Coins

India Ramps Up Crypto Tax Enforcement with International Data Sharing and AI

India Ramps Up Crypto Tax Enforcement with International Data Sharing and AI

In brief India’s CBDT Chairman Ravi Agrawal said the country is stepping up its use of AI and international data-sharing to identify crypto tax evaders. Minister of State Pankaj Chaudhary confirmed the department is using data analytics to match crypto TDS filings with income tax returns and issue automated notices. India is actively participating in […]

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XRP Now Larger Than PepsiCo, Uber, Blackrock—And Is Closing in on McDonald’s

XRP Now Larger Than PepsiCo, Uber, Blackrock—And Is Closing in on McDonald’s

In brief XRP is now 91st largest asset in the world, with a larger market capitalization than PepsiCo, BlackRock, and Uber. It comes after the cryptocurrency set a new all-time high for the first time in seven years. The asset needs to rise just 5% to surpass fast food giant McDonald’s. XRP is now larger

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Cryptojacking Resurfaces As Monero Miner Malware Hits 3,500+ Sites: Report

Cryptojacking Resurfaces As Monero Miner Malware Hits 3,500+ Sites: Report

In brief At least 3,500 websites are running a hidden Monero mining script delivered through a malicious injection chain. Attackers reused access from past campaigns, targeting unpatched sites and e-commerce servers. The malware keeps a low profile, limiting resource use to avoid triggering suspicion or security scans. Hackers have infected more than 3,500 websites with

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What the DOGE? Why Dogecoin Has Jumped 40% in a Week

What the DOGE? Why Dogecoin Has Jumped 40% in a Week

In brief Dogecoin, the eighth biggest cryptocurrency by market value, has gained more over the past week than any of the other top 20 coins and tokens. Grayscale analyst Zach Pandle attributes the gains to investors’ renewed appetite for risk. Investors are now looking at altcoins following major July gains from Bitcoin and Ethereum, experts

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Indian Crypto Exchange CoinDCX Launches Bounty Hunt After  Million Exploit

Indian Crypto Exchange CoinDCX Launches Bounty Hunt After $44 Million Exploit

In brief CoinDCX confirmed a $44 million hack on July 19 that affected an internal liquidity account, while assuring that customer funds remain safe. The exchange launched a bounty program offering up to 25 percent of recovered funds, with a potential payout of $11 million to those who assist in tracing the stolen assets. The

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Professor Coin: Can Bitcoin Replace Gold?

Professor Coin: Can Bitcoin Replace Gold?

In brief Bitcoin enthusiasts have often likened the cryptocurrency to “digital gold,” a decentralized alternative to precious metals. Recent academic research has indicated that Bitcoin and gold may serve fundamentally different investor types. At present, research indicates that Bitcoin lacks the historical track record, stability, and crisis-tested resilience of gold—though that could change with time.

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Bitcoin Minimum Fee Rate Slashed by 90%—Is That a Good Thing?

Bitcoin Minimum Fee Rate Slashed by 90%—Is That a Good Thing?

In brief You can now get Bitcoin transactions added to the blockchain for a lot cheaper than before. Mining pools cut the rate as Bitcoin blockchain activity has been low. Bitcoiners disagree over whether the coin should be used for everyday payments or primarily to hold value. The debate over whether Bitcoin is best suited

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Ethereum Is Pumping. Solana Will Still Outperform: 21Shares

Ethereum Is Pumping. Solana Will Still Outperform: 21Shares

In brief Solana will outperform Ethereum this year, despite recent shifts in momentum, according to 21Shares’ Adrian Fritz. Ethereum’s ecosystem may be more mature, but Solana showed promise with a burst of activity related to meme coins in January, he said. Ethereum will crack its 2021 record price, but Solana will still outperform, he said.

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XRP Price Hits 6-Month High as Open Interest Soars to Record Levels

XRP Price Hits 6-Month High as Open Interest Soars to Record Levels

In brief Notional open interest for XRP perpetual futures surpassed $8.8 billion on Wednesday. Positive funding rates across most trading venues pointed to a bullish sentiment. The token is widely available with lots of retail awareness, one analyst noted. The price of XRP hit a six-month high on Wednesday as notional open interest for the

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