WazirX report: crypto tax discourages 83% of Indian crypto traders
In the midst of a merciless bear market, it appears that the majority of Indian crypto traders have chosen to hibernate with two consecutive taxes poised to nibble away at their holdings. India is a case study for the effects that anti-crypto policies might have on a booming economy. A research from WazirX demonstrates a […]
Cryptocurrency-stealing malware PennyWise spreads via YouTube
The malware scans your chat logs, steals your browser extension and login information, and targets Zcash and Ethereum wallets in addition to Electrum, Atomic Wallet, and Coinomi. A new type of cryptocurrency malware is spreading through YouTube, luring users into downloading programs that are intended to steal data from 30 different cryptocurrency wallets and browser […]
Coinbase blames macroeconomic factors for crypto crash
Two-thirds of the crypto market meltdown can be ascribed to macroeconomic causes, according to a recent study by Coinbase. It is not surprising that the current crypto bear market has been brought on by worsening macro-factors. In contrast, Coinbase stated that the idea was accurate in a blog post on July 5 and added that […]
Former TikTok Gaming head launches blockchain-focused startup, Metao
Jason Fung, the former CEO of TikTok’s gaming division launches Metao to increase interoperability amongst the various blockchain networks. On July 5, Jason Fung, the former CEO of TikTok’s gaming division, made the announcement that he was leaving the company to found Metao, a blockchain video game business. Fung claimed that in order to establish […]
CEO of CryptoCom denies placing withdrawal limitations
Despite a recent 5 percent personnel cut that affected his team, CryptoCom CEO Kris Marszalek is still optimistic about the company’s future. The community has been abuzz with rumors about who the next victim of the continuing market crash would be as a result of the recent increase in cryptocurrency trading firms stopping vital services […]