FTX Requests Galaxy Digital Manage its Recovered Crypto Holdings
Cryptocurrency exchange FTX has petitioned a US District Court to allow Galaxy Digital, a digital asset management company, to manage the remaining cryptocurrency holdings of the bankrupt exchange. The company filed a petition with the United States District Court for the District of Delaware on August 24, requesting permission and approval of guidelines for the […]
Naver Corp Launches Generative AI Chatbot in South Korea
South Korean internet giant and tech company Naver Corp. has launched a ChatGPT-like chatbot dubbed CLOVA X. It is a Korean language chatbot that can have conversations and summarize text. In response to OpenAI’s ChatGPT, the South Korean tech company Naver Corp has unveiled CLOVA X, its newest generative AI chatbot designed for Korean-language users. […]
UK Explores Blanket Ban on Finance, Crypto-related Cold Calls
In preparation for a ban on finance and crypto-related cold calls in the UK, His Majesty’s Treasury has issued a consultation paper seeking evidence to determine the complete impact on businesses and the costs of implementing the ban. To modernize its approach to intelligence-led policing, the U.K. government announced on May 3 an ambitious anti-fraud […]
Critical Strategies for Maximizing Crypto Tax Returns in India
Understanding crypto taxation in India is crucial for investors. This comprehensive guide explores capital gains tax, tax implications of various crypto activities, filing income tax returns, optimizing tax returns, and compliance requirements. With clear strategies and resources, crypto investors can navigate tax laws and maximize savings. Stay informed, declare crypto wallets, and maintain accurate records […]
The Top 5 Web3 Vulnerabilities And Risk Mitigation Strategies For Securing Projects
The digital arena is undergoing a profound transformation in the context of rapidly evolving Web3 and blockchain technology. With a surge in the number of innovative use cases for blockchain, one sector that’s gaining increased adoption is decentralized finances. As the interactions with the digital world are transforming with decentralization, it also triggers a new […]