Bybit Falls Victim to Historic $1.4 Billion Hack, Security Concerns Mount
The cryptocurrency exchange Bybit was hit by the largest hack in history, losing $1.4 billion and highlighting the ongoing security vulnerabilities in the crypto sector.
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India’s Budget 2025 Introduces Stricter Crypto Tax Compliance Rules
Budget 2025 aims to tighten tax laws for crypto transactions in India, demanding detailed disclosures from exchanges and enforcing a 30% tax on digital asset income without allowing for loss offsets.
Trump Family Embraces Cryptocurrency at Abu Dhabi Bitcoin Conference
At the Bitcoin MENA conference in Abu Dhabi, key figures from President-elect Donald Trump’s cryptocurrency venture, including Eric Trump and Steve Witkoff, engaged with the crypto industry’s top minds as bitcoin values soared. The event underscored Trump’s commitment to making the U.S. a leading crypto hub.
Türkiye Climbs to Third in Global Cryptocurrency Ownership Rankings
Türkiye has secured its position as the third-highest nation globally for cryptocurrency ownership, with a 19.3% rate, trailing behind the United Arab Emirates and Singapore. The trend reveals a growing global adoption with 562 million individuals now holding digital currencies, as Asia leads the expansion.
Crypto Entrepreneur Eats $6.2M Art Banana
In a surprising twist, cryptocurrency pioneer Justin Sun ate a piece of art – a banana duct-taped to a wall for which he paid $6.2 million – in a move blending art with blockchain’s unorthodox ethos.
Crypto Gems: DigiToads, Tron, and Algorand, Priced Below $1 with 10X Growth Potential
Investors looking to diversify their crypto portfolio should consider penny cryptocurrencies such as DigiToads, Tron, and Algorand, which have the potential to gain tenfold in value by Q4 2023.
What You Need to Know About Hard Forks and Soft Forks in Cryptocurrency
Cryptocurrencies like Bitcoin and Ethereum use blockchain technology, and when there are changes to the protocol, it results in forks. Hard forks are significant upgrades that require all validators to upgrade, while soft forks are backward-compatible software upgrades, and both can lead to a permanent separation of the blockchain.
What Is a Hardware Crypto Wallet? Exploring the Secure Solution for Storing Cryptocurrency
To utilize a hardware wallet for cryptocurrencies, link the wallet to a computer or mobile device, input the personal identification number (PIN), adhere to the provided guidelines for sending or receiving crypto, and subsequently keep the wallet stored offline in a secure manner for enhanced protection.
Are Blue-Chip NFTs Worth the Investment? Analyzing Risks and Rewards
Blue-chip NFTs are highly valuable and esteemed nonfungible tokens within the NFT market.
Crypto Clampdown: New South Korea Bill Set to Protect Investors from Scams in the Market!
South Korea has taken the first step in establishing a legal framework for cryptocurrency and protecting investors by approving a bill in the National Assembly, marking a significant development in the regulation of such digital assets.