Crypto News
Binance Hit With $87 Million Tax Bill in India
Global crypto exchange Binance has received a goods and services tax (GST) bill of Rs 722 crore ($87 million) in India for non-compliance with the country’s tax regulations. This is the first instance of a cryptocurrency firm facing such scrutiny in India. A source claimed that Binance earned over Rs 4,000 crore from transaction feesSource link
Bitcoin Whales Increased Holdings During Crypto Market Mayhem, but ETF Investors Didn’t Buy the Dip
Though posting net outflows on Monday, the spot ETF action did show some positive surprises, Bloomberg ETF analyst Eric Balchunas noted.Source link
UK’s Operation Cronos Successfully Takes Down LockBit Ransomware Group
UK's Operation Cronos, in collaboration with international partners, successfully dismantled LockBit, the world’s most prolific ransomware ecosystem, highlighting the importance of international cooperation in cybersecurity. (Read More)Source link
Arkham Labels $500 Million in VC Funding Across 24 Projects
Arkham Intelligence has identified and labeled $500 million in VC funding from 24 different projects, now available on their platform. (Read More)Source link
Meme Coin Prices Rebound as Brett, Pepe, Base Dawgz See Big Gains
Meme coins have made a dramatic comeback in the past 24 hours. After a brutal downturn, these tokens are on the rise again, led by Brett, Pepe, and the upcoming Base Dawgz. Brett Bounces Back from Key Support Level Brett (BRETT) has experienced a remarkable turnaround. This Base chain token has bounced back to $0.095,Source link