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Cryptocurrency

ED Seizes Millions in Indian Rupees in Crypto Ponzi Scheme Investigation

June 18, 2024 by Arnold Potts

The Enforcement Directorate (ED) in India has made a significant breakthrough in a crypto-based money-laundering investigation, seizing a total of 327 million Indian rupees from HighRich Online Group. The ED conducted searches in Maharashtra, Chhattisgarh, and Kerala states, uncovering 320 million rupees …

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Tags Cryptocurrency

Malaysia Launches ‘Ops Token’ to Tackle Crypto Tax Evasion: A Step Towards Financial Transparency

June 17, 2024 by Arnold Potts

Malaysia has taken a significant step in combating crypto tax evasion with the launch of “Ops Token” by the Inland Revenue Board (IRB) of Malaysia. This special operation aims to enhance overall tax administration in the country and crack down on individuals …

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Tags Cryptocurrency

Turkey’s Crypto Adoption Surges Amid Lira Woes and Government Tax Reforms

June 16, 2024 by Arnold Potts

Crypto Adoption in Turkey Boosted by Unending Lira Woes, Government Moves In with Tax Reforms Turkey is currently facing a challenging economic situation with a weakened national currency, the Lira, and recent natural disasters such as earthquakes adding to the country’s woes. …

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Tags Cryptocurrency

NiceHash and Marathon Digital Collaborate to Launch Custom Firmware for Bitcoin Miners

June 16, 2024 by Arnold Potts

NiceHash, a leading Bitcoin hashing power marketplace, has announced a strategic partnership with Marathon Digital Holdings Inc (NASDAQ: MARA) to launch custom firmware for ASIC miners. This collaboration aims to optimize ASIC miners for the NiceHash mining platform, offering miners advanced features …

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Tags Bitcoin, Cryptocurrency

Shiba Inu, Chainlink, and Ethereum: On the Verge of Bullish Rallies

June 16, 2024 by Arnold Potts

The cryptocurrency market is currently facing a challenging period, with major digital assets like Bitcoin (BTC), Ethereum (ETH), Shiba Inu (SHIB), and Chainlink (LINK) experiencing significant drops in value. Ethereum, the second-largest cryptocurrency, has seen a 7.81% decrease in price over the …

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Tags Cryptocurrency

Privado ID: The Latest Solution in Fighting Identity Theft and Expanding Reach

June 16, 2024 by Arnold Potts

Polygon Labs, a leading blockchain technology company, has made a significant move in the fight against identity theft with the launch of Privado ID. This new project, developed by the same team behind Iden3 Protocol and PolygonID, aims to provide a global …

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Tags Cryptocurrency

Taiwan Forms Self-Regulating Association to Enhance Crypto Regulation

June 15, 2024 by Arnold Potts

Taiwan is making significant strides in the regulation of its crypto sector by establishing a self-regulating association aimed at overseeing the rapidly evolving digital asset space. The Taiwan Virtual Asset Service Provider Association (TVASP) was officially formed by 24 crypto firms registered …

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Tags Cryptocurrency

MicroStrategy Poised to Become the World’s Largest Bitcoin Business, Says Bernstein

June 14, 2024 by Arnold Potts

MicroStrategy, led by CEO Michael Saylor, is on track to become the world’s largest Bitcoin business, according to a report by prominent wealth management firm Bernstein. The firm predicts that MicroStrategy could see an impressive 80% increase in value as a result …

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Tags Bitcoin, Cryptocurrency

Taiwan Cryptocurrency Companies Join Association to Develop Self-Regulatory Standards

June 14, 2024 by Arnold Potts

A new era of self-regulation is dawning in Taiwan’s digital asset industry as a group of 24 cryptocurrency companies have come together to form the Taiwan Virtual Asset Service Provider (VASP) Association. This move comes in response to the growing need for …

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Tags Cryptocurrency

A Beginner’s Guide to Dollar Cost Averaging in Crypto: What You Need to Know

June 14, 2024 by Arnold Potts

Dollar Cost Averaging (DCA) is a popular investment strategy in the world of cryptocurrency trading, especially for those who are looking to minimize risk and steadily grow their portfolio. But what exactly is DCA and how does it work in the crypto …

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Tags Cryptocurrency
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