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Finance Ministry Highlights Need for Crypto Regulation in India’s Economic Survey

• The Indian Finance Ministry has highlighted the need for a common approach to regulating the crypto ecosystem in its Economic Survey this year. • The survey explains that crypto assets have no intrinsic cashflows and the Reserve Bank of India has warned that they pose risks to the country’s financial stability. • The U.S. Securities and Exchange Commission has

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Cryptos Consolidate Gains as U.S. Economic Data Looms

Bullet Points: • Cryptocurrencies such as Bitcoin and Ethereum are continuing to consolidate recent gains as markets prepare for upcoming US economic data. • Bitcoin is trading above $23,000, while Ethereum is nearing a move below $1,600. • Technical indicators such as the RSI suggest that shifts in momentum may be on the horizon. Cryptocurrencies have continued to consolidate their

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Ledgible Unveils New Platform for Digital Asset Tax & Accounting Solutions

• Ledgible, a leading digital asset tax and accounting solution for institutions, professionals, and investors, has unveiled a newly revamped website and interface. • Ledgible offers more than just digital asset tax solutions, they are also a top provider of digital asset accounting and digital asset data aggregation tools for companies. • Ledgible’s platform is scalable, allowing quick access to

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124 BTC Frozen After Onchain Researchers Uncover $63.2M Harmony Bridge Attack Funds

• On Jan. 15, 2023, onchain researchers discovered that funds stolen during the Harmony bridge attack had been moved. • The stolen funds, worth $63.2 million at current exchange rates, were deposited into OKEx, Huobi, and Binance. • Binance CEO Changpeng Zhao confirmed that the funds had been frozen and 124 BTC had been recovered. On June 23 of last