Thangamani invested ill-gotten money in crypto, says FIR by Tamil Nadu anti-corruption wing

The Directorate of Vigilance and Anti-Corruption (DVAC) carried out raids across Tamil Nadu at locations linked to senior AIADMK leader and former minister P Thangamani in the early hours of Wednesday. The DVAC said Thangamani invested “huge amounts” in crypto assets. The FIR filed by the vigilance and…

Cryptocurrency prices on September 8: Bitcoin, altcoins crash over 10-17%; Solana continues to rise

The cryptocurrency market is trading in the red, with some exceptions, Wednesday morning after Bitcoin crashed 12 percent in the space of an hour on Tuesday. The crash came on the same day El Salvador accepted the coin as legal tender. Putting on a brave face though, the president of the country Nayib Bukele said the…

Cryptocurrency prices today: Bitcoin retreats after crossing $50,000, retains strong momentum

Cryptocurrency prices weakened marginally over the past 24 hours, but the momentum remains strong at the moment and investors are expected to end the week with decent trading gains. Bitcoin, the world’s most popular cryptocurrency, was trading marginally higher than its value 24 hours ago, but its valuation has…

Cryptocurrencies likely to be treated as commodities, may face taxation: Report

The much-awaited cryptocurrency draft bill may propose to define cryptocurrencies and classify them based on usage. The move is likely to benefit Indian cryptocurrency investors who have been waiting for a concrete law to regulate virtual coin trading. Cryptocurrencies could be defined as commodities or assets in the…

Cryptocurrency Prices on June 17: Bitcoin declines as Fed signals rate hikes in 2023

The cryptocurrency market was trading in red on Thursday after US Federal Reserve officials maintained accommodative monetary policy on Wednesday. Bitcoin, the largest cryptocurrency, lost nearly 4 percent after the announcement, despite trading 3 percent higher earlier on Wednesday. The markets also continued to face…

How Cryptos Work, Explained In Layman’s Terms

With the almost daily news coverage of cryptocurrencies, things can get overwhelming if you don’t exactly understand how the world of digital currencies works. Which is why we’ve put together an easy-to-understand guide explaining the main terminologies that make cryptocurrencies work. From blockchains to crypto…