Cryptocurrency Analysis and News Portal
The Income Tax Department of India is secretly training its officials to investigate cryptocurrencies. An internal guidebook circulated by the department explains cryptocurrencies, their characteristics, the “dark side of Bitcoin” and the best investigation practices for tax officials.The Indian government doesn’t consider cryptocurrencies as legal tender, but it also
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South Korea’s Ministry of Economy and Finance has declared that from next year, it will be introducing new measures to impose taxes on cryptocurrency holdings. This move comes after South Korea has already established a legal framework for crypto.According to new regulations by the South Korean government, the country will
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A group of hackers has launched a new cryptojacking campaign on Nov. 24, scanning as many as 59,000 IP networks to find Docker platforms that have API endpoints exposed online, business technology publication ZDNet reports Nov. 26.According to the report, the campaign is targeting vulnerable Docker instances in order
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California-based cryptocurrency wallet and investment service Abra is adding a total of 60 new cryptocurrencies to its platform, reports suggest.According to CoinDesk on Nov. 12, the increasingly widespread payment gateway is planning to more than treble its existing crypto offerings for international users from 30 to 90 tokens.Four stablecoins
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In an interview with Bloomberg, the CEO of Ripple (XRP)trade Brad Garlinghouse expressed his opinion on the rapidly expanding sphere of digital currencies.Replying to a question posed by the host, Garlinghouse said that there are too many cryptocurrencies in the market right now. He noted that there are almost 3,000
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The humanoid robot named Sophia returned to the Web Summit stage, where she fielded questions from participants and journalists, including inquiries about blockchain technology and cryptocurrencies. On Nov. 6, Sophia addressed the room at the latest edition of the Web Summit in Lisbon, Portugal, where she talked about artificial and
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Cryptocurrencies have become one of the favorite ways to get away from legal authorities for individuals dealing with selling controlled substances such as opioids. The opioid crisis has become a serious issue as it kills 130 people every day in the U.S. due to overconsumption of opioids in the form
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A report commissioned by IBM and the central banking think tank the Official Monetary and Financial Institutions Forum (OMFIF), claims scores of officials from central banks around the world are considering launching their own consumer-ready central bank digital currency (CBDC).The report is based on findings of a research group which
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Cryptocurrency usage is extensive in the online gambling segment, making it the driving force behind the adoption of cryptos. People have started to prefer crypto gambling and sportsbook options over conventional offerings due to its various underlying benefits, attractive discounts in the form of deposit bonuses, bonus codes, etc., and
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Since the days of the British Empire, the United Kingdom has been one of the world’s largest and most influential economic powerhouses. Even though its financial control over the world has substantially decreased, the country is still one of the most culturally relevant regions in the world, especially when
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