Cryptocurrency

Open-source AI fuels 440% surge in hackers using blockchains in attacks

A malware attack uses malicious software planted on a computer or network to steal information, passwords or funds

Trump backs new ethics rules to push crypto bill, but it may not be enough

President Donald Trump had been hearing the message loud and clear for weeks about the sweeping cryptocurrency bill being written in the Senate: to get it across the line, he would have to agree to ethics provisions that apply to him, too. First, Trump agreed to a measure that would bar him and his wife from issuing the types of meme coins that they swiftly launched as he prepared to return to the White House for a second time. And then another concession came late Sunday, when Republicans said Trump consented to a tougher ethics proposal that several key senators had demanded. Now, a pivotal Senate vote on the cryptocurrency bill on Tuesday could mark a watershed moment for the $2.3 trillion market - but it hinges mainly on whether those sign-offs from Trump go far enough. That vote could determine whether Washington cements crypto legitimacy into law or whether a frustrated, deep-pocketed industry could unleash even more campaign cash in the midterm elections. "A vote against the

Anti-immigration Reform UK gets $97 mn donation from crypto billionaires

Reform UK, the anti-immigration party led by Brexit campaigner Nigel Farage, received 72 million pounds (USD 97 million) from two cryptocurrency billionaires this weekend, fuelling concerns about money in British politics. After news broke that Ben Delo, a co-founder of the BitMEX cryptocurrency platform, had given 36 million pounds (USD 48 million) to the party, crypto investor Christopher Harborne on Saturday announced he was matching the donation. Harborne said he was backing Reform UK because he believes its policies will attract the investment Britain needs to bolster the economy and generate the revenue needed to fund healthcare, education and other public services. But established political parties quickly warned that unlimited donations from billionaire businessmen risked corrupting elections. The Liberal Democrats, currently the third-largest party in the House of Commons, called on Prime Minister Andy Burnham to cap donations and protect British democracy. "Nigel Farage .

FIU issues notice to 15 crypto service providers, asks to take down URLs

Financial Intelligence Unit-India (FIU-IND) has issued notice to 15 Virtual Digital Assets Service providers for non-compliance with anti-money laundering law and asked the entities to take down their application/URLs for public access. Virtual Digital Assets Service Providers (VDA SPs) operating in India, whether offshore or onshore, and engaged in activities like exchange of virtual digital assets and fiat currencies, and transfer of virtual digital assets, are required to be registered with FIU-IND as reporting entity and comply with Prevention of Money Laundering Act (PMLA). These obligations are activity-based and are not contingent on physical presence of the entity in India. The finance ministry said as part of compliance action against non-compliant entities, FIU-IND has issued notices to 15 VDA SPs for non-compliance under Section 13 of the PMLA. These entities include Weex International Exchange, BLF Global, Bitunix LLC, DigiFinex Ltd and FinSeven CZ. "The Director, FIU-

Bitcoin hack drains $320 mn from crypto network in latest security breach

Roughly 4,000 of the 4,200 Bitcoin held in a wallet used by Liquid Network were taken, the platform operator said

Can gold & crypto sustain recent momentum amid looming US Fed rate hikes?

The CME FedWatch tool signals that market participants are pricing in a 58 per cent chance of a hike, as against 45 per cent a month ago.

Record high in sight? Decoding Bitcoin's 24% rally in a month & outlook

On the crypto market's outlook, experts said that Bitcoin remains the strongest core crypto asset, but the path ahead is unlikely to be linear.

Bitcoin tops $80,000 as optimistic mood returns to crypto market

Bitcoin crosses $80,000 as ETF inflows, weaker dollar and renewed crypto optimism fuel a sharp rebound, while falling crude prices lift Indian equities

WazirX launches AI trading assistant for crypto research, trade execution

Indian cryptocurrency exchange WazirX on Tuesday launched WazirX AI, an artificial-intelligence trading assistant that combines market research, portfolio analysis and trade preparation in a single conversational interface. Integrated into WazirX's app and website, the tool allows users to ask questions about live crypto prices, market news and macroeconomic developments, receive analysis with supporting charts, review their portfolios and approve trades without switching between charts, news feeds and trading screens, according to a company statement. The AI assistant follows an "Ask-Understand-Decide" model, coordinating market-data, technical-analysis, portfolio and order-management functions across multi-step requests. "Crypto markets operate 24/7, but traders should not have to spend their day moving between charts, news feeds and trading screens," said Nischal Shetty, founder, WazirX. "WazirX AI combines market research, portfolio monitoring and trade preparation into one ...

Nearly three in four Indian crypto investors are under 35: CoinSwitch study

Despite differences in trading behaviour and portfolio construction, Bitcoin and Dogecoin emerged as the most popular crypto pairing across every age group in Q2-CY26 on the CoinSwitch platform.

Bitcoin surges 8% as short squeeze ripples across battered crypto market

Bitcoin climbed to around $69,500 after a wave of short covering, amid Trump's meeting with crypto executives and lower borrowing costs adding to buying momentum

India's Gen Z turns to crypto as gateway to investing, WazirX data shows

India's Gen Z is entering financial markets earlier and increasingly using cryptocurrency as a gateway to investing, while showing a preference for diversified portfolios and a willingness to stay invested through market volatility, data from crypto exchange WazirX showed. Nearly 44.4 per cent of Gen Z investors on the platform began their investment journey through crypto, suggesting that a large share of young investors are entering financial markets through digital assets rather than adding crypto to established portfolios. The median age of Gen Z investors on WazirX is 25, while the generation accounted for 72 per cent of all new investors on the platform in the first half of 2026. Gen Z also made up 32.1 per cent of active traders, the company said. The trend is spreading beyond India's largest cities. Nearly 80 per cent of WazirX's Gen Z users come from outside the country's top 10 cities, highlighting the growing participation of investors from Tier-2 and Tier-3 centres. Mumb

US crypto Bill exposes India's virtual digital asset regulatory gap

US moves to advance a landmark crypto bill as India weighs a statutory framework for virtual digital assets, with a parliamentary panel seeking interim SRO-based oversight

Hackers target Coldcard Bitcoin wallets in ongoing crypto attack

Coldcard is a brand of hardware device that allows users to secure their Bitcoin in so-called cold wallets

CBDT brings crypto under global tax reporting: What it means for investors

In a new guidance note, the CBDT laid down detailed reporting and due diligence obligations for crypto exchanges and other RCASPs to bridge the information gap created by crypto assets.

WazirX launches free crypto tax reporting tool ahead of tax filing deadline

Indian cryptocurrency exchange WazirX on Tuesday launched Taxlyst, a free tax reporting platform that allows investors to generate tax reports from transactions across multiple crypto exchanges ahead of India's income tax filing deadline. The exchange said the platform is designed to simplify crypto tax calculations by enabling users to upload transaction histories from any exchange and generate reports on gains, losses and tax liabilities within minutes. Taxlyst automatically analyses trading activity and produces reports including virtual digital asset (VDA) gains and losses, estimated tax liability, futures profit and loss statements, exchange-wise transaction summaries and Schedule VDA-ready reports for income tax filings. For spot transactions, the platform uses the First In, First Out (FIFO) method to calculate gains and losses. The tool also allows users to download detailed reports, including transaction histories, futures profit and loss statements, USDT-INR conversion ...

Crypto exchanges, companies welcome new crypto-asset reporting framework

CBDT's Crypto-Asset Reporting Framework sets tax reporting norms for crypto firms from 2026, boosting transparency and paving the way for a clearer regulatory framework

CBDT's crypto asset tax reporting: What it means for exchanges, investors

The Central Board of Direct Taxes (CBDT) has issued a guidance note specifying that crypto exchanges and other intermediaries will have to report all transactions on their platforms to the Income Tax department. The objective of the guidance note on crypto asset reporting obligations is to bridge the information gap that existed because such assets could be transferred or held outside the traditional financial system. It is more procedural in nature while ensuring that crypto transactions become part of a transparent global tax reporting ecosystem. The note intends to explain the reporting obligations of Reporting Crypto-Asset Service Providers (RCASP) in line with the Crypto-Asset Reporting Framework (CARF) developed jointly by the Organisation for Economic Cooperation and Development (OECD) and participating countries, including India. The CARF is a global tax transparency framework which provides for the automatic exchange of tax-relevant information on transactions in crypto ..

CBDT issues guidance note on crypto-asset reporting under I-T Act, 2025

The 198-page guidance note explains reporting obligations for crypto service providers under the Income-tax Act, 2025, in line with the OECD's Crypto-Asset Reporting Framework

Parl panel bats for cryptocurrency statutory and regulatory framework

A parliamentary panel has urged the government to create a regulatory framework for cryptocurrencies, citing investor protection and risks from the current legal vacuum