The FinTech Hub
Source: Live Mint David Sacks, President Donald Trump’s adviser for artificial intelligence and cryptocurrencies, and his venture-capital firm Craft Ventures have divested more than $200 million worth of holdings related to the digital-asset industry, according to a memo released by the White House. Sacks and Craft Ventures sold all their liquid cryptocurrency holdings, including Bitcoin,…
Source: Live Mint Bitcoin prices fell over 5% on Friday after White House crypto czar David Sacks indicated that the US government wouldn’t use taxpayer money to fund a strategic stockpile of the largest digital asset ordered by President Donald Trump. Bitcoin price dropped as much as 4.63% to $87,925 as of 10:35 AM. Prices…
Source: Live Mint Jio Platforms Ltd, a unit of Reliance Industries, has reportedly launched a reward token dubbed JioCoin on theEthereumlayer 2 network Polygon. However, there is no official announcement about JioCoin, but many users noticed the mention of thereward token on JioSphere, a browser available for both iOS and Android-based devices. In a post…
Source: Live Mint A Jodhpur bench of Income Tax Appellate Tribunal (ITAT) recently ordered that the gains on cryptocurrencies sold before 2022 will be treated as capital gains and not as income from other sources. This is believed to hold a lot of significance as the capital gains (both short and long term) on cryptocurrencies sold after April…
Source: Live Mint (Bloomberg) — Bitcoin reached an all-time high for a second consecutive day, with traders eyeing the $110,000 price level. The original cryptocurrency rose as much as 2.1% to $108,315 on Tuesday, before retreating back to its price at the start of the day around $106,000. It has surged more than 150%…
Source: Live Mint “I started my research purely from the knowledge perspective so that I don’t appear clueless when my clients talk to me about it. I felt I should understand all about it before I write it off or look at it as an investment option,” said Pande. Initially, he allocated 1-2% of his…
Source: Live Mint As the voting for the US presidential election was underway on Tuesday, world’s largest cryptocurrency Bitcoin climbed 3.3 per cent to about $70,077, with Donald Trump viewed by crypto investors as enacting more favorable policies for cryptocurrencies than Kamala Harris. Earlier in the session, Bitcoin surged as much as 4.8 per cent…
Source: Live Mint Bitcoin prices jumped past $71,000 for the first time since June on Tuesday, boosted by inflows into dedicated exchange-traded funds and speculation about the US Presidential Election next week. The largest digital asset, Bitcoin was up 5% at $71,020. Bitcoin prices hit an all-time high of $73,750 in March and have jumped…
Source: Business Standard 2 min read Last Updated : Aug 19 2024 | 11:08 PM IST Nearly a month after conducting a preliminary investigation into a security breach that led to a loss of $230 million at WazirX, the embattled crypto exchange on Monday claimed that a separate forensic analysis found no compromise of…
