US President Donald Trump and his family have taken interest in every corner of the crypto industry. There are non -tonated tokens and digital collectibles; A decentralized finance project; A proposed stabelcoin; An attempt in bitcoin mining; And a pair of Memcoins, for a President and a First Lady Melania Trump. Together, various projects are … Read more
Several Nifty 50 firms are exploring Web3 technologies like cryptocurrencies and blockchain, according to a report by crypto firm Mudrex, exclusively shared with Gadgets 360. The report reveals that 16 companies, including Reliance, Airtel, ITC, and TCS, are leveraging Web3 for digital marketing, supply chain management, CBDCs, and cross-border trading. Mudrex noted that institutional adoption … Read more
Saudi Arabia has launched a Web3 alliance group as part of its Saudi Vision 2030 program that aims to diversify the country’s economy. The newly construed Web3 Alliance of Saudi Arabia (WASA) will bring together players from the international Web3 industry. The group will work to create awareness around Web3 and help Saudi Arabia develop … Read more
Bitcoin price dropped by 1.23 percent over the past 24 hours on international exchanges, as the prices of most cryptocurrencies reflected a mixed market sentiment on Friday. According to CoinMarketCap, the asset was trading at $104,002 (roughly Rs. 90.1 lakh) on Friday, on global crypto exchanges. Bitcoin also fell by less than two percent on … Read more
The government is set to present the Union Budget for the next financial year on February 1. With only a couple of days until the next budget is revealed, members of India’s Web3 sector have revealed some of the changes to policy and taxation that they are hoping to see during the coming year. In … Read more
CoinDCX has announced a new crypto literacy project in Mumbai, that will attempt to kickstart discussions on crypto and digital assets at a popular meeting place in the city — tea stalls. Dubbed ‘Bitcoin Chai Cafe’, the Indian crypto exchange’s latest initiative is designed to promote crypto-related conversations at tea stalls, which are frequented by … Read more
French investigators said on Tuesday they had opened a judicial probe into money laundering, tax fraud and other charges at Binance, the world’s largest cryptocurrency exchange, which said it denied the allegations. The economic and financial crime section of the Paris public prosecutor’s office (JUNALCO) said in a statement that the probe includes money laundering … Read more
Crypto investment firm Mudrex has resumed crypto withdrawal services on its platform after a brief halt to upgrade its compliance suite. In an update shared on Tuesday, January 28, Mudrex said it had upgraded and automated its compliance process with Artificial Intelligence (AI). The platform claimed it had improved its systems to combat financial crimes. … Read more
KuCoin, one of the world’s largest cryptocurrency exchanges, pleaded guilty on Monday to operating an unlicensed money transmitting business, and agreed to more than $297 million (roughly Rs. 2,570 crore) in fines and forfeiture, the US Department of Justice said. Peken Global Ltd, which operates as KuCoin, entered its plea before US District Judge Andrew Carter … Read more
The cryptocurrency chart reflected more losses than gains on Monday, January 27. Bitcoin dipped by 4.53 percent on international exchanges to trade at $100,423 (roughly Rs. 86.7 lakh), data by CoinMarketCap showed. On Indian exchanges like BuyUcoin, meanwhile, BTC incurred losses of over three percent to trade at the price point of $101,658 (roughly Rs. … Read more
President Donald Trump signed executive actions related to cryptocurrency and Artificial Intelligence, moves that could bolster two nascent industries. The president was joined by White House AI and crypto czar David Sacks, a venture capitalist and major political donor. The crypto order creates a working group to advise the White House on digital asset policies … Read more
US-based banks are voicing their intentions to expand crypto involvement, in the backdrop of US President Donald Trump’s return to the White House with promises of pro-crypto regulations. Morgan Stanley CEO Ted Pick reportedly said that the bank wishes to explore if it can act as a crypto transactor while keeping its regulatory obligations intact. … Read more