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Over $200 billion were wiped off from the global cryptocurrency market in around 24 hours after TerraUSD stablecoin collapsed. Nearly $200 billion worth of wealth was wiped off from the cryptocurrency market in just 24 hours after TerraUSD stablecoin collapsed. TerraUSD, or UST, which was pegged one-on-one to US dollar, fell sharply below USD 1 mark, while its

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Crypto tax after March 31: Should you withdraw or stay put?

Change in crypto investment ecosystem is worrying investors. BGR.in spoke with CoFounder RealX and GREX, Manish Kumar, about the upcoming changes Cryptocurrencies are soon going to be taxed in the same way the government taxes lottery winnings. The decision was made public during the Budget 2022 speech. The new tax regime is worrying investors and the deadline to either stay put

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Cryptocurrency ban in India: Bitcoin, Ethereum, Tether and other crypto prices fall drastically

The government of India announced the introduction of a Bill in the parliament to prohibit all private cryptocurrencies in India, barring some exceptions to "promote the underlying technology of cryptocurrency and its uses". Crypto ban in India: Minutes after the Indian government proposed to ban all private cryptocurrencies on Tuesday, prices of all popular cryptos tumbled. The prices of Bitcoin, Ethereum, and all other private crypto are on a drop since the

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Crypto may be regulated not banned, FM Nirmala Sitharaman shares a big update

Since the announcement of the introduction of the crypto bill, reports suggested that the Indian government will consider banning crypto in the country. The latest update from Sitharaman suggests otherwise.  Finance Minister Nirmala Sitharaman shares a big update on the upcoming cryptocurrency bill in India earlier on Tuesday. At Rajya Sabha, Sitharaman rubbished rumours around the crypto ban in India. Also Read - Cryptocurrency regulation

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Tether will pay $41 million over ‘misleading’ claims it was fully backed by US dollars

Tether will pay $41 million to settle allegations by the US Commodity Futures Trading Commission that the company made untrue or misleading statements when it claimed its stablecoins were fully backed by fiat currencies. Tether will pay $41 million to settle allegations by the US Commodity Futures Trading Commission (CFTC) that it made untrue or misleading statements when it claimed its stablecoins were fully backed by fiat currencies. The CFTC said in a statement

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The Tether controversy, explained

Some say Tether is a systemic risk to the cryptocurrency ecosystem — and maybe to the regular financial system, too. What if a digital currency wipeout could injure — or even destroy — the entire cryptocurrency ecosystem? Lately, there’s been a focus on stablecoins, the quiet power players of the cryptocurrency space. Questions about stablecoins,

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DOJ reportedly considers filing criminal charges against Tether and Bitfinex execs

According to Bloomberg, the Department of Justice is close to deciding whether to file charges against executives behind Tether, a cryptocurrency "stablecoin." More than three years after initial reports of a federal investigation into the cryptocurrency stablecoin Tether, Bloomberg is reporting that it remains a “potential” criminal case. In response to the report, the price of Bitcoin surged, briefly

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Qualcomm announces Snapdragon 8 Plus Gen 1, for when flagship isn’t flagship enough

The Snapdragon 8 Plus Gen 1 offers 10 percent faster CPU performance, 10 percent faster GPU clocks, and uses 15 percent less power than Qualcomm’s previous flagship chip. Qualcomm’s Snapdragon 8 Gen 1 set the stage for the biggest Android smartphones of 2022, including Samsung’s flagship Galaxy — but it’s about to be surpassed by a better “Plus” version that’ll no doubt appear in

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Qualcomm’s new AR glasses are thinner and wireless

Qualcomm has introduced a wireless version of its AR Smart Viewer powered by the Snapdragon XR2 chipset. The reference design could be used by manufacturers. Qualcomm is introducing a wireless version of its augmented reality Smart Viewer, a reference design that manufacturers could adapt into commercial headsets. The Wireless AR Smart Viewer updates Qualcomm’s earlier smart glasses design with a

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