Tag Archives: News

Fyllo – a leading data-driven marketing firm – has announced it is stepping into the crypto space. Fyllo Is Looking to Move Towards Crypto Fyllo is a company that makes its services available to businesses in multiple industries. The enterprise offers software and other solutions designed to ensure companies remain fully compliant with present-day regulations, and now it appears Fyllo is broadening its horizons to do the same for future crypto-related products. Up until...

During a time when crypto prices appear to be tanking like never before, India is dealing with heavy crypto-related tax woes. India Is Hiking Its Crypto Tax Enforcement Right now, regulators in India are imposing new taxes on all kinds of crypto activity. There is a one percent tax on all crypto trades that occur within the country’s borders. In addition, there is going to be a 30 percent digital income tax put in place. Thus, it looks like anyone who engages in crypto...

Investment app Plynk is announcing the launch of what it’s calling Plynk Crypto, a new division that will permit novice traders to gain exposure to some of the world’s largest and most popular digital assets. Plynk Is Stepping into the Crypto Space At the time of writing, the application is allowing customers to hold bitcoin, Ethereum, bitcoin cash, and Litecoin through the Paxos Trust Company, which Plynk is partnering with. Plynk is designed for new investors or those...

EOS price is showing positive signs above the $1.20 resistance against the US Dollar. The price is now trading below $1.25 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $1.18 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move up if it stays above the $1.18 and $1.15 support levels. EOS price is rising above $1.20 against the US Dollar, similar to bitcoin. The...

Litecoin is trading in a positive zone above $55 against the US Dollar. LTC price is now trading below $60 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $60 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $60 resistance zone. Litecoin price is rising above $55 against the US Dollar, similar to bitcoin. LTC price could continue to move up...

Voyager Digital – a cryptocurrency broker and lender – has declared bankruptcy. The crypto space continues to crash and it’s taking all kinds of companies down with it. Voyager Digital Is Crashing with the Crypto Space Voyager Digital is now the latest victim of the crypto space’s ongoing demise. A few weeks ago, the company suspended all withdrawals – clearly following in Celsius’ footsteps – and commented that the volatility the space was experiencing was unlike...

Binance – the world’s largest and most popular cryptocurrency exchange according to trading volumes – has announced it’s eliminating some of its trading fees. Binance Bids Adieu to Some Trading Fees The fees are being removed for approximately 13 separate trading pairs. The founder of the exchange Changpeng Zhao stated in a recent interview: In line with our user-first philosophy, Binance has always strived to provide the most competitive fees in the industry. At its...

Paxful – a global peer-to-peer (P2P) fintech platform – is working with iProov, a company that specializes in biometric authentication technology. Together, both firms will utilize the facial recognition technology iProov is known for to verify customers are who they say they are when being onboarded or engaging in digital transactions. Paxful Is Looking to Eliminate Crypto Crime The crypto world has grown heavily in recent years, and this has come with a downside. That...

Several individuals have been arrested on charges relating to three separate instances of crypto fraud, one of which may have involved the largest non-fungible token (NFT) scam to date. As much as $130 million in digital funds are likely to have been stolen. Why Is Crypto Fraud So Common? One of the individuals charged with crypto fraud includes 26-year-old Le Anh Tuan of Vietnam. She was charged in California with one count of conspiracy to commit wire fraud and...

Four men in India have been indicted for potentially running a crypto scam. The individuals are believed to have promoted a fake loan-conversion firm that potentially secured online loans and converted them into digital assets like BTC. Four Men in India Indicted on Crypto Scam Charges Police authorities are working with the National Cybercrime Reporting Portal to obtain the data they need on the men. They are Deepak Patwa (23 years of age), Dev Kishan (32 years of age),...