Author: Digicoinvision
Web3 venture firm Hashed Emergent and policy advisory group Black Dot have released a model crypto law aimed at clarifying India’s regulatory framework for digital assets. Announced Monday, the Crypto-systems Oversight, Innovation and Strategy (COINS) Act offers a legislative blueprint to support a clearer, industry-led policy environment for crypto in India. The model law is non-binding and does not carry any legal effect unless formally introduced and passed by the Indian parliament. Still, the framework offers policymakers a blueprint for crypto-related digital rights, including self-custody, protocol access and financial privacy. It also addresses key legal pain points in the country such…
Indian cryptocurrency exchange CoinDXC announced a recovery effort after falling victim to a $44 million exploit on Friday, with the firm pledging a bounty for ethical hackers who help retrieve the stolen funds.CoinDXC’s internal accounts used for “liquidity provision” were exploited on Friday, leading to $44 million worth of cryptocurrency being stolen, while user funds remained unaffected.In an effort to recover the stolen funds, CoinDCX CEO Sumit Gupta announced a new recovery bounty program that offers white hat hackers up to 25% of any recovered funds they can help trace and retrieve.“The exposure was from our own reserves, and we…
Web3 venture firm Hashed Emergent and policy advisory group Black Dot have released a model crypto law aimed at clarifying India’s regulatory framework around digital assets. Announced Monday, the Crypto-systems Oversight, Innovation and Strategy (COINS) Act offers a legislative blueprint to support a clearer, industry-led policy environment for crypto in India. The model law is non-binding and does not carry any legal effect unless formally introduced and passed by the Indian parliament. Still, the framework offers policymakers a blueprint on crypto-related digital rights, including self-custody, protocol access and financial privacy. It also addresses key legal pain points in the country such…
Ethereum is marking its 10th anniversary with a symbolic gesture and a technical leap forward for the blockchain network.Ethereum Toch NFTOn July 20, the network revealed that it launched a ceremonial “Torch” NFT to celebrate the people and principles that have shaped its decentralized journey since July 30, 2015.According to Ethereum’s website:“Like a ceremonial flame that travels from community to community, the Ethereum Torch will journey across the global Ethereum ecosystem. This special NFT will be passed from wallet to wallet among carefully selected community members, developers, and builders who have shaped Ethereum’s story over the past 10 years.”The first…
Key Takeaways A major whale is adding to his long position on Hyperliquid. This was in line with the increasing interest in the exchange, which continues to fuel HYPE’s token price. Is this enough for an uptrend? Hyperliquid [HYPE] was up about 5% in 24 hours as at the time of writing. The altcoin has seen much interest recently following its consistent growth since launch. According to SpotOnChain post on X (formerly Twitter), a smart whale was seen adding more orders on HYPE and a couple of other tokens. This major holder with unrealized 115% gains added a 10X leveraged…
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved…
Join Our Telegram channel to stay up to date on breaking news coverage ”Rich Dad Poor Dad” author Robert Kiyosaki warned today that market bubbles are “about to start busting” and said he plans to buy more Bitcoin, gold, and silver after the crash. In a post on X, Kiyosaki said that when bubbles burst, “odds are gold, silver, and Bitcoin will bust too.” He framed the potential crash as a buying opportunity, adding: “If prices of gold, silver, and Bitcoin crash…I will be buying.” Not The First Crash Warning From Kiyosaki This is not the first time Kiyosaki has…
Coinsilium Group Limited has announced that its wholly owned subsidiary, Forza Gibraltar Limited, has increased its bitcoin holdings to 112.0009 BTC following a recent acquisition of 10.2489 BTC at an average purchase price of £89,765.73 ($120,826.51) per bitcoin, totaling approximately £920,000 ($1,238,000). This brings the aggregate average purchase price of Forza’s bitcoin holdings to £81,710.15 […]
Over the last weeks, we have been closely monitoring the security and safety in Istanbul. In particular, we have been focused on how events in Israel and the Gaza Strip may impact attendee safety. We try to assess risk whenever we host an event. In the case of Devconnect Istanbul, we have consulted with our event organizer partners, local community members, and monitored government warnings that affect our community or the region. We recently took an additional step of working with external risk advisory services to consider where and how we may need to make changes to reflect conditions regionally.…
Crypto sector is currently showing a resilient outlook despite slight drops. As per the exclusive market data, the total crypto market cap has witnessed a minor 0.76% dip to $3.86T. In addition to this, the 24-hour crypto volume has also plunged by 24.89% to reach $185.3B. Nonetheless, the crypto Fear & Greed index is still in the “Greed” zone while accounting for 69 points. Bitcoin Records 0.37% Rise and Ethereum Sees 3.06% Increase Particularly, Bitcoin ($BTC) is trading at $118,550.56. This price level indicates a 0.37% increase over past 24 hours. At the same time, the market dominance of the…