“I do not consider ETC my child and I have no expectations from the project,” IOHK’s Charles Hoskinson said during a recent AMA, remarks that were greeted with surprise by some since he was one of the co-founders of Ethereum back in 2013. While conducting a special New Year’s Eve AMA, the Cardano Founder wentContinue reading “‘I do not consider Ethereum Classic my child,’ says Cardano’s Hoskinson”

The Indian Government has moved towards potentially implementing a tax of 18% on Bitcoin trading in the country. According to reports, the central government is currently weighing a proposal to impose a Goods and Services (GST) tax on Bitcoin, which is estimated to amount to Rupees 40,000 crores ($5.45 billion)  annually. The proposal was putContinue reading “India considers proposal to tax Bitcoin transactions at 18%”

News of the SEC lawsuit against Ripple has sent the price of XRP on a downward spiral, with the cryptocurrency falling by over 32% in the last 24 hours alone. Following the same, reactions were quick to come from all corners of the crypto-community, with Ripple CEO Brad Garlinghouse calling the lawsuit ‘illogical,’ claiming thatContinue reading “What are the repercussions of claiming XRP is a security?”

Binance KR, the South Korean wing of crypto-exchange Binance, announced today that it will be closing down. All new registrations and deposits will be closed on 24 December 2020, while withdrawals will close on 29 January 2021. In light of such a development, non-Korean citizens who have BKRW at Binance.com will be able to tradeContinue reading “Binance KR to cease operations citing ‘low usage and volume’”

CoinDCX, India’s largest cryptocurrency exchange, has raised Rs 100 crores ($13.9 million) from investors to complete the exchange’s third round of funding for the year 2020. The Series B round was led by Block.one and included investors such as DG, Jump Capital, Uncorrelated Ventures, Coinbase Ventures, Polychain Capital, Mehta Ventures, and Alex Pack. Back inContinue reading “India’s CoinDCX raises $13.9M from Block.one, Coinbase Ventures, etc.”

DeFi protocol Curve Finance, a decentralized exchange liquidity pool on Ethereum, is in the news today after it announced the introduction of an $ETH/$SETH pool on the platform. The development comes days after the protocol announced the introduction of a Euro stablecoin ($sEUR), following a successful governance vote on the same. As expected, the introductionContinue reading “DeFi protocol Curve Finance launches ETH/sETH pool”

Following news of the partnership with Wolfram Alpha, Cardano Founder Charles Hoskinson has revealed that Cardano will be giving developers the freedom to choose and customize their own Oracle solutions soon. The Oracle Access Layer will offer a rich oracle query experience, according to Hoskinson, and it will allow developers to choose from several sourcesContinue reading “Cardano developers will take charge of their Oracles in 2021, reveals Hoskinson”

A database from hardware wallet company Ledger was leaked earlier today. The leaked data, which consists of over 270,000 physical addresses and phone numbers along with a million email addresses, was made publicly available on hacker website Raidforms. According to reports, the data in question was stolen during a hack of Ledger’s e-commerce database backContinue reading “Ledger’s database with 270k physical addresses, 1M emails leaked on Raidforms”

Bitcoin’s latest bull run has made history, with the cryptocurrency’s price touching never-before-seen levels day after day. In fact, the past 24-hours alone saw BTC surge to breach the $24,000-mark on some crypto-exchanges. Following Bitcoin’s rally, a new all-time high (ATH) for Total Value Locked (TVL) in DeFi was also marked, with the same goingContinue reading “Why ETH, DeFi shouldn’t be ignored amidst Bitcoin’s rally”

Michael Saylor, CEO of MicroStrategy and the man who put $800 million in Bitcoin this year, is possibly one of the strongest advocates for the bullish narrative around Bitcoin, despite his skepticism about the same a few years ago. Unsurprisingly, today he is of the opinion that more institutions should make allocations to the crypto-asset,Continue reading “Here’s Michael Saylor’s case for Tesla making a Bitcoin allocation”

Earlier today, the Filecoin network was brought to a halt due to a bug, one which led to most nodes being stuck at height 336459 with mismatched state compute errors due to indeterminate behavior. The bug in question was quickly identified, however, with the team able to get the network back and running in justContinue reading “KuCoin, HBTC suspend $FIL deposits, withdrawals as Filecoin network comes to a halt”

Only a week after the launch of Apple Pay as a new payment option for Bitcoin purchases on Lumi Wallet, in-wallet transactions have risen by over 200%, according to a report shared with AMBCrypto. The introduction of Apple Pay has reportedly led to a simplification of the crypto-purchase procedure, with the time involved in theContinue reading “Bitcoin purchases on Lumi Wallet hike by 200% after Apple Pay launch”