What is a Cryptocurrency Broker?

Cryptocurrencies are all the rage these days with them emerging as a medium of exchange in the digital economy and in some cases rivaling traditional currencies in terms of efficiency. Cryptocurrencies are designed to exchange information digitally through a distribution system called a blockchain. A blockchain is simply a decentralized ledger of all cryptocurrency transactions … Read more

Crypto Tax Compliance Solution for Investors: Giottus, TaxNodes Join Hands

TaxNodes will offer comprehensive support for customers who had opted for various Giottus’ products such as Fixed Rewards and Staking. (File Photo) Giottus customers can access and use the TaxNodes platform to compute their tax obligations accurately for all transactions done on the platform Crypto assets platform Giottus and leading tax solutions provider TaxNodes have … Read more

coinbase and binance: Crypto Regulatory Bill passes US Congressional Committee: How India can benefit from It?

In a significant move, the US Congressional Committee took a monumental step by advancing a bipartisan bill that seeks to establish a comprehensive regulatory framework for cryptocurrencies. This marks a pivotal moment for Capitol Hill in its endeavors to formalize federal oversight for the digital asset industry. The crypto sector has faced increased scrutiny, especially … Read more

What is Cryptocurrency and How Does it Work?

What is Cryptocurrency? A cryptocurrency is an encrypted digital or virtual currency. This is a new form of digital money where users can convert their traditional money like the U.S. dollar digitally and purchase items in the digital economy. In recent years cryptocurrencies like Bitcoin, Ethereum, and Dogecoin have started permeating into mainstream trading with … Read more

Binance.US Suspends USD Deposits After Crackdown by Regulators

Trading, staking, deposits and withdrawals in crypto would remain fully operational, says Binance. Binance’s banking partners are preparing to pause fiat dollar withdrawal channels as early as June 13 Crypto exchange Binance.US said on Thursday it is suspending US dollar deposits and that its banking partners are preparing to pause fiat dollar withdrawal channels as … Read more

US customers: Coinbase gets approval to offer crypto futures to eligible US customers

Coinbase said it’s received regulatory approval to bring federally regulated crypto futures trading to eligible customers in the US, sending shares sharply higher before the opening bell Wednesday. In June, the US Securities and Exchange Commission filed lawsuits against Binance and Coinbase, saying that the companies were in violation of the the law because they … Read more

What is Cardano?

Cardano (ADA) is considered a third-generation blockchain, following in the footsteps of Bitcoin and Ethereum. Cardano aims to compete directly with Ethereum, a decentralized application (DApp) development platform with a multi-asset ledger and verifiable smart contracts. Cardano Price The price of Cardano has risen by 0.36% in the past week. A single ADA currently trades … Read more

Filing ITR? Cypto Investors Should Follow These 5 Best Strategies For Filing Income Tax Return AY 2023-24

It is required to file your crypto taxes to ensure compliance with Indian tax regulations. (File Photo) Being compliant with your crypto tax commitments can save you from incurring hefty penalties Even as the ITR season is going on for the financial year 2023-24, it is necessary to fill the correct form and also mention … Read more

Mark Cuban: Billionaire investor Mark Cuban loses $870K in crypto scam

San Francisco, Mark Cuban, an American businessman, investor, film producer, and television personality, lost about $8,70,000 to a crypto scam late on September 15. On-chain sleuth Wazz first noticed the unusual transactions in the MetaMask cryptocurrency wallet labelled ‘Mark Cuban 2’ on EtherScan. The wallet had been inactive for more than five months, reports CryptoSlate. … Read more

What is Solana?

What is Solana? Since the explosion of cryptocurrencies, both investors and cryptocurrency enthusiasts have carved a niche market of digital currencies that are used as digital money and causing waves across the digital economy. In fact, today there are over 19,000 individual cryptocurrencies such as Bitcoin, Ethereum, Dogecoin, Binance, and Solana in the market that … Read more