Indian finance minister ignores crypto industry’s budget tax plea

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Just 20 days after Mark Zuckerberg’s Meta launched Threads to rival Elon Musk's X, TikTok joined the race by allowing TikTokers to create and post text-based content. Social media giant TikTok announced a feature launch aimed at dethroning Twitter (recently rebranded to X) as the go-to text-based social media platform.Just 20 days after Mark Zuckerberg’s…

Auditors working for Circle have disclosed the reserves backing the firm’s USDC stablecoin, while Mad Money’s Jim Cramer has questioned Tether’s lack of transparency with its USDT reserves. Multi-national tax advisory firm Grant Horton conducted the audit, and a reserve attestation report was published on July 20 which showed that 61% of USDC’s reserves were…

The latest legal action against Block.one (B1), the creator and original seller of EOS (EOS), could potentially help plaintiffs get higher compensation, according to EOS Network Foundation (ENF) founder and CEO Yves La Rose.On July 25, La Rose officially announced that ENF is preparing a lawsuit against Block.one for its failure to follow through on…

China’s crackdown on Bitcoin (BTC) mining operations has led to a significant drop in the network’s hash rate, but industry participants believe it presents an incredible opportunity for the wider mining ecosystem.China has long been a major contributor to the Bitcoin mining space, at times accounting for more than 70% of the global hash rate…

The Terraform Labs co-founder faces charges in South Korea relating to the crash of the Terra ecosystems' cryptocurrencies. 115 Total views 29 Total shares Interpol has reportedly issued a “Red Notice” to law enforcement worldwide for the arrest of Terraform Labs co-founder Do Kwon.South Korean prosecutors in Seoul on Monday told Bloomberg the international policing…

Turkish officials have recently identified the metaverse as a priority area for policy development. 297 Total views 42 Total shares Turkish President Recep Tayyip Erdoğan and ruling Ak Party officials met earlier this week to discuss the metaverse, with the president calling for comprehensive research on the subject.Erdoğan has reportedly urged the Ak Party to…

In the world of digital finance, where the weapon of choice for a heist is a computer rather than a semi-automatic firearm, tracking down scams and frauds from across the world becomes a near-impossible feat for centralized police forces. However, in an interview with Cointelegraph, an anonymous cyber vigilante shares insights into how he went about…