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Crypto
Coinbase to invest in Indian crypto and Web3 amid tax regulation clarity
Coinbase Ventures, an investment arm of American crypto exchange Coinbase, shared a plan to invest $1 million in various Indian cryptocurrency and Web3 initiatives via an in-person pitching event. In a blog post drafted while he was in…
India’s Supreme Court Wants GainBitcoin Scam Co-Suspect to Disclose His Wallet Username,…
Ajay Bhardwaj, the brother of Amit Bhardwaj, the deceased primary suspect in a scam that netted 80,000 stolen bitcoins (valued at approximately Rs 20,000 crores, or $3.8 billion), has been asked to give the details to India's Enforcement…
How a Ponzi victim became a crypto evangelist
Losing money to a Ponzi scam is not the ideal introduction to the crypto ecosystem. Thankfully, Mark Dave Manansala gave crypto and blockchain a second chance and discovered a new passion.It all started when Manansala was invited by an…
CoinShares Expands FlowBank Stake With $26.5M Purchase
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an…
Clear regulations will accelerate crypto adoption, says SEBA Bank exec
With crypto being in the sights of many regulators, many have wondered if regulation is good or bad for crypto. However, Christian Borel, Senior Executive Officer at SEBA Bank, says that if the laws are clear, it may push crypto adoption…
Coinbase Beats Q4 Estimates, but Shares Fall on Outlook
For 2022, Coinbase said it expects annual average retail MTUs of between five million to 15 million. "This wider than normal set of factors results in a wider range of potential outcomes for 2022. Simply put, we have less near-term…
Georgia punches well above its weight for Bitcoin mining: Report
At first glance, the pint-sized Republic of Georgia is an unlikely suspect for Bitcoin (BTC) mining activity. An underdog for mining, the country boasts abundant hydropower while ranked seventh worldwide for the World Bank’s…
Apple Alum-Led Kyro Digital Raises $10M in Series A Funding
Kyro’s founder, Samir Arora, worked at Apple for nearly a decade, where he developed platforms for distributed applications, a precursor to layers 0 and 1 of blockchain technology. Arora was also the CEO of NetObjects, one of the first…
Venezuelans reportedly hit by new Bitcoin tax of up to 20%
The Venezuelan government has approved a new tax bill aiming to collect up to 20% in taxes from cryptocurrency transactions, according to local reports.Venezuela’s National Assembly held the second discussion session on Thursday for a new…
Morgan Stanley Says Bitcoin’s 50% Correction Is Nothing New
Bitcoin's 50% drop from November's record high is nothing new and the correction is within historical norms, Morgan Stanley said in a research note entitled “State of the bear market.”Estimating the fair value of cryptocurrencies is…