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Crypto India Magazine | Web3 News

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linkhttps://bio.site/CryptoIndiaMag calendar_today24-08-2023 13:27:20

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India boasts record-high crypto adoption, yet crypto rarely appears in daily life. In our latest Expert Insights piece, Alankar Saxena maps the path from speculative trading to practical utility. cryptoindiamagazine.com/alankar-saxena…

India boasts record-high crypto adoption, yet crypto rarely appears in daily life. In our latest Expert Insights piece, <a href="/alankar_saxena/">Alankar Saxena</a> maps the path from speculative trading to practical utility.
cryptoindiamagazine.com/alankar-saxena…
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Tether CEO Paolo Ardoino announced that USDT's market capitalization grew by over $5 billion compared to its main rival in the past 30 days.

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BREAKING: Elon Musk has announced the launch of XChat, a new messaging platform integrated into X, featuring end-to-end encryption modeled after Bitcoin’s security protocols to ensure enhanced user privacy and protection.

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LATEST: CZ has proposed that it's a suitable time to launch a dark pool perpetuals DEX, highlighting privacy issues with current DEXs where visible orders expose traders to front-running and MEV-related risks.

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UPDATE: More than $2.7 billion worth of tokens are set to be unlocked in June, with major releases from $SUI ($206.33M), $ZRO ($64.29M), and $APT ($58.52M) leading the list.

UPDATE: More than $2.7 billion worth of tokens are set to be unlocked in June, with major releases from $SUI ($206.33M), $ZRO ($64.29M), and $APT ($58.52M) leading the list.
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JUST IN: World Vision Korea has become the first non-profit to trade crypto in South Korea, selling ETH on Upbit after the institutional trading ban was lifted on June 1.

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JUST IN: Metaplanet has acquired 1,088 BTC for $117.3 million, increasing its total Bitcoin holdings to 8,888 BTC, further strengthening its position in the crypto market.

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JUST IN: Czech Justice Minister Pavel Blažek has resigned after reportedly accepting a $45.8 million Bitcoin "donation" from a convicted criminal, sparking opposition demands for the coalition government's resignation, according to reports.

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JUST IN: Bitcoin whale James Wynn has deposited $20,460 in donated funds into his Hyperliquid account, slightly lowering his BTC liquidation price from $103,632 to $103,610—a 0.021% decrease, according to reports.

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Nervos Network’s Force Bridge has been hacked, with attackers stealing around $3 million in digital assets. cryptoindiamagazine.com/nervos-network…

Nervos Network’s Force Bridge has been hacked, with attackers stealing around $3 million in digital assets.
cryptoindiamagazine.com/nervos-network…
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Meta shareholders have overwhelmingly rejected a proposal to adopt a Bitcoin treasury strategy, with just 0.08% of votes in favor. The move, led by Bitcoin advocate Ethan Peck, aimed to position BTC as a hedge against inflation in Meta’s $72B cash reserve. cryptoindiamagazine.com/meta-votes-dow…

Meta shareholders have overwhelmingly rejected a proposal to adopt a Bitcoin treasury strategy, with just 0.08% of votes in favor. The move, led by Bitcoin advocate Ethan Peck, aimed to position BTC as a hedge against inflation in Meta’s $72B cash reserve.
cryptoindiamagazine.com/meta-votes-dow…
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The IMF has completed its first review of El Salvador's extended fund facility and, according to a report, will ensure the country refrains from making further Bitcoin purchases under the current agreement.

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JUST IN: Solana Foundation has signed an MoU with Dubai’s VARA to collaborate on talent development, economic data sharing, founder workshops, and support for the SOL Economic Zone, according to a recent report.

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JUST IN: Crypto analyst Pumpius reports on X that DZ BANK, Germany’s second-largest bank, has officially launched its Ripple-powered digital asset custody platform, marking a major step in institutional crypto adoption.

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Australia has imposed a 15% capital gains tax on unrealized profits exceeding $3 million AUD and limited crypto ATM transactions to $5,000 AUD, aiming to curb scams primarily targeting older individuals, according to reports.

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Base-based decentralized derivatives exchange Avantis has raised $8 million in Series A funding co-led by Peter Thiel’s Founders Fund and Pantera Capital. cryptoindiamagazine.com/avantis-raises…

Base-based decentralized derivatives exchange <a href="/avantisfi/">Avantis</a> has raised $8 million in Series A funding co-led by Peter Thiel’s Founders Fund and Pantera Capital. 
cryptoindiamagazine.com/avantis-raises…