Crypto Investment Plan by CoinDCX: Long Term Return, Less Risk; Know All About it

Crypto Investment Plan by CoinDCX: Long Term Return, Less Risk; Know All About it

Cryptos as payment option will be the future. Under the crypto investment plan, investors will be able to invest a fixed amount in cryptos at regular intervals CoinDCX, India’s first crypto exchange unicorn start-up, on Thursday said it has launched a crypto investment plan (CIP) under which investors will be able to invest a fixed amount … Read more

Bitcoin Regulation: Govt to Bring Law on Cryptos after Global Consensus Emerges

Bitcoin Regulation: Govt to Bring Law on Cryptos after Global Consensus Emerges

Bitcoin and Ether slightly fell today As of now, legal position of cryptocurrencies is not clear as there is not law in the country to regulate them The government will bring a law on cryptocurrencies only after a global consensus emerges regulating such assets, according to a Bloomberg report quoting sources. It said that the … Read more

Trading In Cryptos? Exchanges Are Facing Payment Issues; Know What’s The Issue

Trading In Cryptos? Exchanges Are Facing Payment Issues; Know What’s The Issue

Bitcoin stayed comfortably over the $20,000 levels on Thursday. Crypto exchange Coinbase recently halted rupee transfers to its trading app via UPI Cryptocurrencies, such as Bitcoin, Ether, and Matic, became a hot topic in the country as they delivered huge profits in recent times. However, its hugely volatile nature and grey regulatory status have always … Read more

Five Ways That Crypto Asset Reporting Framework Can Impact Indian Institutions, Investors

Five Ways That Crypto Asset Reporting Framework Can Impact Indian Institutions, Investors

India is one of the few early signatories and adopters to the Multilateral Competent Authority Agreement (MCAA) which provides a standardised and efficient mechanism to facilitate automatic exchange of information (Common Reporting Standard or CRS) released by rhw Organization for Economic Co-operation and Development (OECD). It avoids the need for multiple bilateral agreements. CRS was … Read more

Crypto In 2022: The Worst Year For Bitcoin, Ethereum; Is This Beginning of The Fall of Cryptocurrency?

Crypto In 2022: The Worst Year For Bitcoin, Ethereum; Is This Beginning of The Fall of Cryptocurrency?

The year 2022 has been the worst year for the cryptocurrencies, the virtual assets including Bitcoin, Ethereum and Polygon saw sharp plunges multiple times in the current calendar year. The year also saw the fall of a major crypto exchange FTX due to the liquidity crisis. In India, crypto exchanges were also raided by authorities. … Read more

Man ‘Accidentally’ Burns NFT Worth Rs 1 Crore, Ends Up Losing A Third Of His Wealth

Man ‘Accidentally’ Burns NFT Worth Rs 1 Crore, Ends Up Losing A Third Of His Wealth

‘CyptoPunks #685’, a non-fungible token collection on the Ethereum blockchain, was accidentally destroyed worth Rs 1 crore. Explaining the debacle, the CyptoPunks NFT owner says something went wrong in trying to create a proxy wallet A Canada-based man accidentally burned ‘CyptoPunks #685’, a non-fungible token collection on the Ethereum blockchain, worth Rs 1 crore. It … Read more

Crypto, Web3, Blockchain: Binance Launches AI-Powered Educational Tool for Free

Bitcoin Jumps To Near Highest Level Since June 2022; Ether Up 3%

With this interactive tool, users can now freely explore Binance Academy’s vast array of educational resources including cryptos. Powered by the advanced ChatGPT technology, Binance Sensei has been instructed to deliver relevant and easily digestible information Binance Academy, a leading Web3 education platform by the world’s largest crypto exchange Binance, has launched Binance Sensei, an … Read more

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

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