Australian Tax Office says it can’t rely on crypto users’ own records

Australian Tax Office says it can't rely on crypto users' own records

The Australian Tax Office (ATO) says it can’t rely on crypto investors to keep track of their crypto transactions and profits — even though most investors try their best. Speaking at the 14th International ATAX Conference on Tax Administration conference on Nov. 23, ATO commissioner Chris Jordan stressed that many new crypto investors may not … Read more

A quarter of Aussie crypto users plan to buy crypto Christmas gifts: Survey

A quarter of Aussie crypto users plan to buy crypto Christmas gifts: Survey

More than a quarter of Australian crypto users surveyed in October plan to use digital assets as a part of their Christmas presents this holiday season. The survey by crypto wallet and services provider Crypto.com polled 2,020 Australians aged 18-59. Of those that had used crypto over the past 12 months, 26% responded that they … Read more

Shiba Inu ($SHIB) Coming to India’s First Crypto Unicorn With 3.5 Million Users

Shiba Inu ($SHIB) Coming to India’s First Crypto Unicorn With 3.5 Million Users

The popular meme-inspired cryptocurrency Shiba Inu ($SHIB) is being listed on the retail-friendly platform of Indian cryptocurrency trading platform CoinDCX. Until now, SHIB was available in the platform in trade-only mode on the professionally-oriented CoinDCX Pro. According to a tweet from CoinDCX, the listing happened this Friday, November 12. CoinDCX is looking to onboard 50 … Read more

Trading App With Over 1 Million Users Expands Crypto Offering With $SOL, $MATIC, $LUNA, and Others

Trading App With Over 1 Million Users Expands Crypto Offering With $SOL, $MATIC, $LUNA, and Others

Public, a popular trading app competing with Robinhood (NASDAQ: HOOD) that has already amassed over one million users, has expanded its cryptocurrency offering with the addition of numerous new cryptocurrencies. According to Business Insider, the company now offers 21 cryptocurrencies via its commission-free trading platform, as it has recently listed Solana ($SOL), Terra ($LUNA), Chainlink … Read more

Crypto gaming, NFTs, Web3 expected to onboard the next billion users into crypto?

Crypto gaming, NFTs, Web3 expected to onboard the next billion users into crypto?

Here’s one way to bring the next billion users in the crypto sector: Crypto gaming + NFTs + Web3. Let’s talk about the recent boom in the gaming aspect. DappRadar, an analytics platform showed a boom in crypto gaming. Last month saw blockchain games make up the majority of activity in the Dapp industry. Around 55% of unique … Read more

What Drives Crypto Users? Distrust of the System or Speculation?

What Drives Crypto Users? Distrust of the System or Speculation?

The rise of bitcoin, ether, Cardano’s ADA and related cryptocurrencies – with market capitalizations returning to all-time highs and at times rivaling that of metals like silver and the world’s major financial companies – warrants an examination of investor views, characteristics and sophistication.One motivation for creating these digital assets was finding a substitute to fiat … Read more

Crypto scammers target iPhone users via dating apps, report says

Crypto scammers target iPhone users via dating apps, report says

The attackers post fake profiles on legitimate dating sites. They connect with their targets through these sites and convince them to continue the conversation on a messaging platform. An international cryptocurrency trading scam is targeting iPhone users through popular dating apps, such as Bumble and Tinder, cybersecurity firm Sophos said.(Sign up to our Technology newsletter, … Read more

CrossTower offers Indian users ₹5,000 credit for learning crypto trading

CrossTower is offering free credit of ₹5,000 to each Indian user

NEW DELHI: Crypto-asset investment and trading CrossTower is offering free credit of ₹5,000 to each Indian user’s wallet for trading in cryptocurrency on its platform. CrossTower has launched this feature to allow Indian users to learn crypto trading without investing their own. Users will be able to claim the ₹5,000 credit after completing the Know … Read more

Will target 50 mn Indian crypto users in 2 years: CoinSwitch Kuber CEO

(L-R) Vimal Sagar (Co-founder & COO), Govind Soni (Co-founder & CTO), Ashish Singhal (Co-founder & CEO)

Cryptocurrencies are waiting to explode in India and Ashish Singhal, Co-founder and CEO of leading crypto exchange CoinSwitch Kuber, aims to onboard at least 50 million users from India in the next two years, educating them around crypto investments and helping them create wealth. With more than 15 million users in India, CoinSwitch Kuber has … Read more