Indian Crypto Companies Migrate to Dubai Amidst Regulatory Shifts
Indian crypto firms are moving to Dubai, escaping India's tough crypto taxes, and embracing Dubai's welcoming regulatory environment.
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Indian crypto firms are moving to Dubai, escaping India's tough crypto taxes, and embracing Dubai's welcoming regulatory environment.
Investigation reveals HyperVerse's CEO might be a phantom, amidst a wider scandal involving millions in losses and legal challenges, highlighting the perils of unregulated crypto ventures.
Microstrategy's aggressive Bitcoin investments and innovative Lightning Rewards program underscore its strong belief in cryptocurrency as a key corporate asset.
Dave Inc.'s decision to repurchase a convertible note from FTX Ventures showcases strategic foresight and financial acumen, potentially reshaping its future in the neobanking sector.
South Korean cryptocurrency exchange Upbit secures full licensing from Singapore's regulatory authority, expanding its crypto services in the region. This milestone marks Upbit's leap towards enhanced offerings and market growth in Singapore's dynamic crypto landscape.
Retik Finance (RETIK) captures the crypto spotlight, securing over $6 million in a presale that sold out ahead of schedule. The project's revolutionary features, including Retik Pay and the DeFi Debit Card, signify its potential to reshape the DeFi landscape and redefine user interactions with digital assets.
Scammers posing as crypto journalists on X use fake Calendly links to hijack accounts, spreading phishing links. Security experts warn of this trend targeting Chinese-speaking users, urging caution and prompt removal of suspicious access.
MAS in Singapore has added imToken and BKEX to its Investor Alert List, intensifying its regulatory oversight on cryptocurrencies after actions against Binance in 2021. This move underscores MAS's commitment to investor protection and signals ongoing strict scrutiny of the crypto landscape in Singapore.
PancakeSwap executes a significant token burn, eliminating 8.7 million CAKE tokens worth $25 million, aligning with its long-term DeFi stability vision. This strategic move involves community participation, reducing the token supply and potentially driving up CAKE's value beyond $100 million.
XRP crosses five million active accounts, indicating increased trust and market growth.