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The Inside Story of How India’s Crypto Exchanges Were ‘Inspected’ by Tax Agencies

The TakeawayTax agencies have several other crypto exchanges on their radar but expect these “inspections” to serve as a deterrent that will make the industry voluntarily fall in line.Agencies have been examining crypto exchanges’ finances in India since August 2021, the investigation is still ongoing and currently focused on evaluating

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Polygon ’s Side Of The Story: Hard-Fork Resolved A “Critical Vulnerability”

The Polygon team promised an explanation and here it is. A few weeks ago, the Ethereum Layer 2 network hard-forked their blockchain, seemingly without explanation. As usual, NewsBTC got to the bottom of the case and presented all of the available information. The only piece missing was a promised official

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Bitcoin Is the Most Illiquid It’s Ever Been: 12 Numbers That Tell the Current Story of Markets

This episode is sponsored by NYDIG.Download this episodeNLW looks at the current state of crypto markets through numbers, including:Bitcoin illiquid supplyLightning Network capacityEvergrande’s debtThe total value of CryptoPunksAnd moreSee also: Twitter Adding Bitcoin Tipping Feature, Pushes Further Into NFTs“The Breakdown” is written, produced by and features NLW, with editing by

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