India demands $86M from Binance in unpaid GST taxes

In a cease-and-desist letter to fast-growing crypto exchange FTX, the Federal Deposit Insurance Corporation (FDIC) shed light on a now-deleted tweet from the exchange’s president, Brett Harrison, and issued a stark warning over the company’s messaging.Harrison’s original tweet said, “Direct deposits from employers to FTX US are stored in individually FDIC-insured bank accounts in the…

RSK is entering the enterprise blockchain field with a pilot program designed to improve the direct debit process among Argentinian banks and financial institutions. An Argentinian consortium of banks and technology companies under the patronage of the Central Bank of Argentina is promoting a pilot program implementing blockchain. The system would be used to handle…

Austria’s largest energy provider, Wien Energie, has developed a blockchain-driven fridge in partnership with tech giant Bosch, Cointelegraph’s correspondent reported from the ANON Blockchain Summit Austria.Wien Energie presented the new model during the crypto conference in Vienna on April 3. The official release claims that the decentralized technology is used in the construction of a…

A new resolution would establish a task force to study crypto in Miami-Dade county's public administration. A Miami-Dade County commissioner is backing a new resolution to allow residents to use cryptocurrencies like Bitcoin (BTC) to pay local taxes.According to a Thursday document acquired by The Miami New Times, county commissioner Cohen Higgins has brought a…

Over 72% of Silvergate Capital Corp stocks were shorted as of Jan. 31, shows FINRA's latest data. 80 Total views 3 Total shares Own this piece of history Collect this article as an NFTCrypto bank Silvergate Capital Corp. stands in the second position as most-shorted stock in the United States, with over 72.5% of its…

There’s no denying that the crypto market has been gripped by immense bearish pressure over the past year, as made evident by the fact that the total capitalization of this sector has continued to hover below the $900 billion mark for most of the year after having scaled up to an all-time high of $3…

Mark Karpeles — the former CEO of the now-defunct bitcoin (BTC) exchange Mt. Gox — has revealed he will serve as the chief technology officer of a new Japan-registered blockchain technology firm. The news was reported by Japanese daily newspaper The Mainchi on June 5.Speaking at the Foreign Correspondents' Club of Japan earlier today, Karpeles…

Bitcoin (BTC) has a $250,000 target for after its next block subsidy halving — but new all-time highs will come sooner.That is the latest BTC price prediction from BitQuant, the popular social media commentator who sees a rosy future for the largest cryptocurrency.BitQuant: Pre-halving all-time high will not be BTC price topIn his latest post

Over the years, several cryptocurrency companies have claimed that deposits with them were insured by the United States Federal Reserve and the Federal Deposit Insurance Corporation (FDIC) as if they were regular savings accounts. While so far, no crypto firm has been able to offer depositors this type of insurance, some speculate it could be…