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Bitcoin was more than 55 percent down since its all-time high of $69,000 in November last year

Crypto crash: Bitcoin extends losses, drops below $30,000-mark

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Millions of investors in panic mode as cryptos see massive decline On Tuesday, the global cryptocurrency market witnessed its worst phase ever, with Bitcoin dropping...
All cryptocurrencies were weighed down as central banks globally tried to control inflation by raising interest rates

Bitcoin, other cryptocurrencies witness a massive slump amid interest rate hike

PGurus Newsdesk - 12
Federal Reserve's rate hike sends cryptos crashing After the central banks globally tried to control inflation by raising interest rates, cryptocurrencies witnessed a weigh down....
Crypto tax on gains but no deductions on losses incurred, says Government of India

Crypto mining cost or loss in Crypto not to be allowed as deduction under...

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Govt of India clarifies a straight tax of 30% for profit The Government of India on Monday informed Parliament that no kind of deduction or...
When a bunch of Bollywood stars started touting Cryptocurrencies, one knew that this was a planned move - maybe for once GOI knows whom to tax!

18% of the super-rich Indians invested in Cryptocurrencies and 11% in NFTs last year:...

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Did someone tell the super-rich of India that one can avoid paying taxes if they own Cryptocurrencies? Around 18 percent of Indian super-rich, popularly known...
Nirmala Sitharaman's statement on Crypto Currencies leaves many unanswered questions

Crypto Currencies: India not going to legalize or ban. But will tax 30% on...

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Hands-off policy on Crypto Currencies by GOI an interesting stand Finance Minister Nirmala Sitharaman on Friday told the Parliament that the government at this stage...
Mining certain crypto currencies, most notably Bitcoin, gobbles up huge amounts of energy. If that electricity is generated from fossil fuels, it comes with a lot of pollution that adds to the climate crisis

US lawmakers to probe into crypto mining companies over energy consumption concerns

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US lawmakers begin investigation into the high energy use of Bitcoin miners As many as eight US lawmakers have come forward to push Bitcoin mining...
The complainant had reported that some unknown persons had fraudulently transferred his Bitcoins, Ethereum, and Bitcoin cash, worth Rs.30,85,845

Delhi man’s crypto wallet hacked for Rs.4.5 Cr; fraudulently transferred to Palestine’s Hamas wing

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Stolen crypto currency wired from Delhi to Palestinian militant outfit Hamas In yet another crypto hack that has come to light, a Delhi resident's crypto...
The company has suspended all withdrawals on the platform for the duration of the investigation and any accounts found to be impacted were fully restored

Crypto.com’s 483 users hacked for $34 million

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$34 million taken in Crypto hack admits Crypto.com Owing to a compromise in two-factor (2FA) authentication, 483 users on Crypto.com’s platform lost almost $34 million...
Nishad K and his aides cheated 900 persons of Rs 1200 crore by luring them to invest in crypto currency promising high returns

ED attaches property of Kerala man who cheated 900 people in crypto scam

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Crypto scam: ED attaches assets worth Rs.36 cr of Kerala man On Monday, the Enforcement Directorate (ED) said in a statement that it has attached...
BitMart had promised a full reimbursement to the victims of the platform-wide $200 million hack

BitMart crypto exchange victims of $200 million hack waiting to get their money back

PGurus Newsdesk - 1
BitMart hack: Victims still waiting for compensation from crypto platform, not yet paid back Crypto currency exchange BitMart had promised a full reimbursement to the...
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