Crypto Tax Compliance in India ‘Very Low’, Clearances Imperative to Gain Government’s Trust: Taxnodes CEO

Several crypto investors in India have failed to pay 30 percent tax on profits they made via crypto activities in the last two years, possibly due to regulatory unclarity and lack of customer awareness, crypto tax firm Taxnodes has warned, urging the community to pay their crypto taxes on time. In conversation with Gadgets360, the … Read more

Crypto Stakeholders Prepared to Participate in Government’s Discussion Paper on Crypto Policy Stance

The government reportedly plans to release a discussion paper before September, outlining its stance on crypto-related policies in the country, and crypto stakeholders — including the Bharat Web3 Association (BWA) — have already expressed their readiness to take part in the process. The paper is expected to pave the way for regulation of cryptocurrencies in … Read more

‘Godfather of AI’ Geoffrey Hinton Urges Governments to Make Sure Machines Don’t Take Over Society

Geoffrey Hinton, one of the so-called godfathers of artificial intelligence, urged governments on Wednesday to step in and make sure that machines do not take control of society. Hinton made headlines in May when he announced that he quit Google after a decade of work to speak more freely on the dangers of AI, shortly … Read more

US Government’s Crypto Wallet Holding Seized Bitfinex Funds Hacked: Arkham Intelligence

Crypto tracking firm Arkham Intelligence has raised an alert regarding a significant theft in the US. According to its tracking data, a US government crypto wallet containing assets seized from the 2016 Bitfinex hack has been compromised by an unknown hacker. Arkham reports that approximately $20 million (roughly Rs. 168 crore) has been stolen from … Read more