WazirX gets Singapore court approval to repay victims of $235M hack
WazirX’s restructuring plan, approved by the Singapore High Court, paves the way for restoring user funds stolen in a $235 million hack linked to North Korea’s Lazarus Group.
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Crypto Markets Attempt Recovery, Bitcoin Circles $6,500 Support
August 10: Crypto markets are tentatively holding gains today, as they stake their recovery from the week’s earlier plummet. On August 8, total market capitalization had shrunk to $219 billion –– its lowest level since mid-November 2017 –– but today has seen that figure peak as high as $233 billion. Market visualization from Coin360 Bitcoin…

Simple math says Russia could collect up to $13B in crypto tax each year
The analytic note mentioned that the estimates are purely an overview and based on a basic tax slab of 6%, which would be quite different once regulations are set in place. 79 Total views 1 Total shares The Russian government is expected to collect up to 1 trillion rubles ($13 billion) in crypto tax each…

Mining Giant Bitmain Sues Unknown Hacker for Alleged Theft of $5.5 Million in Crypto
China-based Bitcoin (BTC) mining giant Bitmain has sued an anonymous hacker for the alleged theft of cryptocurrency worth $5.5 million from Bitmain’s account on Binance in April, according to a lawsuit filed with the U.S. District Court for the Western District of Washington at Seattle on Nov. 7.As stated in the court document, an unknown…

Sri Lanka’s central bank warns public against risks of crypto investment
The central bank listed four chief concerns, including the lack of legal recourse in the event of investor disputes and possible violations of foreign exchange regulations when purchasing crypto from abroad. 823 Total views 13 Total shares Sri Lanka's central bank has taken the 2021 crypto bull market as an opportune time to warn the…

PancakeSwap wants to cap token inflation rate between 3% to 5% per annum
"Staking Allocation to target approx. 0.35 – 1 CAKE/block instead of 6.65 CAKE/block," developers wrote. 365 Total views 2 Total shares Own this piece of history Collect this article as an NFTDecentralized exchange (DEX) PancakeSwap wants to lower its token inflation to anywhere between 3% to 5% per annum, far below current rates of over…

Crypto Exchange Coinbase Pro Is Adding Support for Orchid Trading
Major American cryptocurrency exchange Coinbase is adding support for Orchid (OXT) on its professional trading platform Coinbase Pro.According to a blog post published by Coinbase on Dec. 12, Coinbase Pro will start accepting OXT deposits starting Friday, Dec. 13, “for at least 12 hours prior to enabling full trading.” The company also noted:“Once sufficient supply…

Price analysis 7/28: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC
Bitcoin (BTC) and most major altcoins are attempting to break above their respective overhead resistance levels, indicating the return of the bulls.Data from Bybt shows that the Grayscale premium has been climbing and reached -5.88% on July 27, its closest level to zero since May 25. This suggests that institutional investors may have again started building…

NFT music platforms to disrupt Spotify in 2022, Saxo Bank predicts
Spotify and Apple Music reportedly cut 75% from musicians’ revenues together with the cut paid to labels. 780 Total views 43 Total shares As popular music streaming services like Spotify cut much of musicians’ revenues, new technologies like nonfungible tokens (NFTs) are likely to help artists grab back their fair share, Saxo Bank predicted.According to…