WazirX announces INR withdrawals will resume on Aug. 26
The crypto exchange did not provide a timeline on when crypto withdrawals might resume, citing legal issues.
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Liechtenstein-Based Startup to Issue Tokens Pegged to Value of Collectible Cars
Investment platform CurioInvest and Seychelles-based digital asset exchange MERJ Exchange Ltd. will jointly begin offering a token backed by collector luxury cars.The so-called Car Token (CT1) token is set to be pegged to the value of collectible cars giving more people a chance to have a fraction of an asset, BNN Bloomberg reported on Jan.…

U.K. includes crypto investments under the Investment Manager Exemption
The measure should help British funds dealing with foreign investors adopt digital assets in their portfolios. 1090 Total views 3 Total shares Own this piece of crypto history Collect this article as NFTThe transactions of “designated crypto assets” entered into from the tax year 2022 to 2023 onwards will be qualified for the Investment Manager…

Bitcoin may pass $30K September lows, trader warns
Bitcoin (BTC) scooped liquidity at new lows on Jan. 7 as 2022 continued to deliver uninspiring price action. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: BTC price should close above $42,400Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting its lowest levels since September overnight and reaching $40,938 on Bitstamp.The pair had initially bounced at $42,000…

Nigerian Scammers Used BTC & Gemini Exchange to Siphon Millions
The two Nigerians jetsetters who filled their Instagram accounts with pictures of their ostentatious wealth were extradited from Dubai to the United States. According to the FBI, they were able to convert millions of dollars into Bitcoin (BTC) via the Gemini exchange.Transaction summary for Bitcoin address 16AtGJbaxL2kmzx4mW5ocpT2ysTWxmacWn. Source: Crystal BlockchainThe two are Olalekan Jacob Ponle,…

ZK systems will have their ChatGPT moment — Telos Foundation
Cointelegraph asked professionals working with zero-knowledge technology to get their insights on the current state of ZK.

Bybit CEO declares ‘war against Lazarus’ after $1.4B hack
Ben Zhou announced the launch of a bounty program after reporting hackers tied to North Korea used an exploit to steal more than $1.4 billion in crypto from Bybit.

Ethereum Second-Layer Scalability Still Needs Work, Says Starkware CEO
Uri Kolodny, co-founder and CEO of blockchain firm StarkWare, told Cointelegraph that Ethereum’s second-layer scalability solutions still need some work. 182 Total views 25 Total shares Uri Kolodny, co-founder and CEO of blockchain firm StarkWare, told Cointelegraph that Ethereum second-layer scalability solutions still need some work.Ethereum co-founder Vitalik Buterin claimed on June 1 that the…

Mutual Owners, Mutual Funds: What We Know About the Bitfinex/Tether Scandal
In what seems to be one of the greatest crypto scandals 2019 has seen so far, the United States Attorney General in New York accused Bitfinex of using Tether’s cash reserves to cover a rumored $850 million funding gap with reserves meant for backing the stablecoin. Both companies share the same owner.Now, the crypto exchange…