FTX Tempers Robinhood Buyout Reports

Robinhood’s stock price surged 14% today despite the tentative nature of the plan. Key Takeaways FTX appears to be exploring the possibility of acquiring the stock and crypto trading company

Tether CTO Affirms Hedge Funds Tried to Short USDT

Genesis Global Trading, meanwhile, suggests that its clients have shorted Tether. Key Takeaways Tether CTO Paolo Ardoino said today that various cryptocurrency firms have tried to short its stablecoin. Also

Harmony Hacker Begins Laundering Funds

Key Takeaways The Harmony hacker is currently sending some of their stolen ETH through Tornado Cash. Already $12 million have been routed through the privacy-enabling protocol; the hacker is currently

Bitcoin, Ethereum Poised for Big Price Movements

Bitcoin and Ethereum appear to be gathering momentum for a major price movement.  Key Takeaways Bitcoin is stuck between $21,500 and $21,000. Meanwhile, Ethereum is trading between $1,250 and $1,190. 

MakerDAO Rejects Proposal to Create Advisory Board

The community seems to prefer remaining completely trustless. Key Takeaways MakerDAO rejected a proposal to create an advisory board charged with educating MKR holders about the complexities of future proposals.

Guide to 1% TDS of Cryptos in India

July 1st, 2022 is just around the corner and we understand that you might be feeling a little uncertain about how taxation might affect your crypto holdings. The Finance Bill

TDS for Virtual Digital Assets – India

As per the circular issued by The Central Board of Direct Taxes on June 22, 2022, TDS of 1% will be applicable on all sales/transfers of VDA that include Crypto

What is Mdex (MDX): The Mandala Exchange

Over the last few years, the DeFi boom has taken the finance industry by storm. This is demonstrated by the shift in Total Value Locked (TVL) in DeFi protocols. Not

FTX Could Soon Purchase Stake in BlockFi: Report

The deal would follow a $250 million credit line announced earlier this week. Key Takeaways Crypto exchange FTX is in talks to purchase stake in BlockFi, according to reports from

BlockFi Raises Rates Three Days After FTX Bailout

The company claims the raise was made possible by strong risk management. Shutterstock cover by T. Schneider Key Takeaways BlockFi is increasing its interest rates on BTC, ETH, and stablecoins.