Cryptocurrency

Highlights: KuCoin will implement a 7.5% VAT on transaction fees for Nigerian users starting July 8, 2024. The VAT applies to transaction fees, not transaction amounts, affecting users with Nigerian KYC information. This move follows Nigerian government’s increased scrutiny of […]

Binance, the global cryptocurrency exchange, has recently added monitoring tags to eleven altcoins due to their high volatility. The tagged cryptocurrencies, including Balancer (BAL), Cortex (CTXC), and Sun (SUN), will undergo scrutiny and periodic reviews by the exchange. This measure […]

Highlights: AI integration with blockchain enhances transparency and efficiency in crypto trading and transactions. DePINs leverage decentralized resources for cost-effective and efficient data utilization. New DeFi solutions like Influx offer innovative financial tools with reduced liquidation risks and sustainable yields. […]

India’s largest cryptocurrency exchange, CoinDCX, has unveiled a new Web3 mode on its app, revolutionizing how users can buy cryptocurrencies directly with INR. This feature is set to simplify the acquisition of digital assets, particularly those not listed on traditional […]

After Donald Trump’s presidential campaign announced it would accept cryptocurrency donations., the cybercrime firm Netcraft uncovered numerous scam websites targeting Trump supporters, aiming to swindle them out of their cryptocurrency. This revelation comes amidst the campaign’s increased fundraising activities following […]

On Monday, American rapper Juaquin James Malphurs, known as Waka Flocka Flame, launched a new cryptocurrency called FLOCKA on the Solana blockchain. Announcing the launch to his 1.8 million followers on social media platform X, he shared the token’s details […]

Critics have accused Venezuelan President Nicolás Maduro and his administration of seeking methods to bypass international sanctions, with cryptocurrencies being a highlighted approach. This accusation arises amidst increased scrutiny, particularly after the U.S. recently reinstated oil and gold sanctions against […]

Trezor, a leader in cryptocurrency hardware wallets, recently introduced several new products designed to enhance digital asset users’ self-custody. The launch occurred during the BTC Prague 2024 event, highlighting the company’s ongoing commitment to security and user empowerment in the […]

The Orissa High Court has declared that dealing in cryptocurrencies is not illegal under Indian law. Justice Sasikanta Mishra delivered the decision. The case involved a suspected Ponzi scheme built around a fake cryptocurrency called the Yes World Token. 🚨 […]

QCP Capital has expressed a positive outlook for the cryptocurrency market, citing several encouraging signs. Recently, BTC futures swap points rallied, indicating a shift in trader behavior as they close short futures positions. This activity suggests a potential for higher […]

Bybit is reportedly planning significant changes to its operational structure, including closing its offices in Shanghai and Shenzhen. This move comes in response to the increasing regulatory pressures in China. The firm has begun transitioning its Chinese staff to international […]

In a concerning development for cryptocurrency users, multiple security incidents have been reported involving two of the largest crypto exchanges, OKX and Binance. These incidents have exposed account security vulnerabilities, particularly regarding the use of API keys and third-party plugins. […]