WazirX 0M Crypto Hack Shakes India’s Crypto Scene: “Horrifying State of affairs”

WazirX $230M Crypto Hack Shakes India’s Crypto Scene: “Horrifying State of affairs”

[ad_1] A latest safety breach at WazirX, leading to a staggering $230 million loss, has despatched shockwaves by India’s cryptocurrency ecosystem. This incident has led to intense scrutiny of present safety practices and essential discussions about safeguarding digital property in an more and more dangerous surroundings. Customers are involved concerning the ease with which fraudsters…

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India Maintains Crypto Tax Rules in 2024/25 Price range

India Maintains Crypto Tax Rules in 2024/25 Price range

[ad_1] Indian Finance Minister Nirmala Sitharaman’s 2024-25 Union Price range retains the prevailing cryptocurrency tax rules unchanged, disappointing native crypto advocates. They argue that lowering the 1% tax deducted at supply (TDS) is crucial for reviving the struggling crypto business in India. Trade leaders emphasize the necessity for ongoing dialogue with regulators to foster a…

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The Market’s Compass Crypto Candy Sixteen Research

The Market’s Compass Crypto Candy Sixteen Research

[ad_1] Welcome to this week’s publication of the Market’s Compass Crypto Candy Sixteen Research #147. The Research tracks the technical situation of sixteen of the bigger market cap cryptocurrencies. Each week the Research will spotlight the technical modifications of the 16 cryptocurrencies that I observe in addition to highlights on noteworthy strikes in particular person…

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OKX to Finish Operations in Nigeria, Blames "Adjustments in Native Legal guidelines"

OKX to Finish Operations in Nigeria, Blames "Adjustments in Native Legal guidelines"

[ad_1] Cryptocurrency alternate OKX is discontinuing its companies in Nigeria on account of what it termed as modifications in native laws, Cointelegraph reported, citing emails despatched to customers. This shock announcement adopted months of gradual service discount, culminating in a whole exit by mid-August. A Full Suspension of Operations Within the e mail despatched to…

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