As the broader cryptocurrency market bleeds red, several Layer-1 coins, like Zilliqa and Near, are facing significant losses.
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Binance Launches Proof-of-Reserve System for Bitcoin, Ethereum ‘Coming in The Near Future’
Binance, the world’s largest crypto exchange by trading volume, released its proof-of-reserves (PoR) system today, which it said “is the next step in its “commitment to transparency and fostering trust in the ecosystem.” Per the […]
Google Settles With DOJ Over Lost Criminal Crypto Exchange Data
Google today agreed to improve its legal compliance program after losing data related to BTC-e, a criminal crypto exchange investigated and shut down by the FBI for alleged money laundering in 2017. The tech giant […]
India Proposes 30% Tax on Crypto Income, Announces Digital Rupee Launch
The government of India revealed on Tuesday that it would be launching a digital rupee and start taxing income from crypto, The Hindustan Times reported. In her Budget 2022 presentation, Indian finance minister Nirmala Sitharaman […]