India Cracks Down on Crypto Tax Evasion

India’s tax authorities are getting serious about crypto. They’re sending out thousands of notices to taxpayers who haven’t properly reported their crypto income. This is part of a larger effort to catch people hiding profits and potentially laundering money through cryptocurrencies. Crypto Traders Under the Microscope The Central Board of Direct Taxes (CBDT) is checking…

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Major Banks Report Data Breaches

Several large banks have recently reported data breaches affecting customer information. Here’s a summary of the incidents: JPMorgan Chase Data Breaches JPMorgan Chase reported at least four data breaches in Massachusetts affecting several customers. Two incidents involved employee misconduct, leading to fraudulent transactions on customers’ credit and debit cards. The bank closed the affected accounts,…

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Dogecoin and Shiba Inu Tank: What Happened?

Dogecoin and Shiba Inu, two popular meme cryptocurrencies, recently took a major dive, losing over 10% of their value. This downturn happened amidst rising global tensions. The Crash: Geopolitics and Market Fear The price drop started around June 13th, coinciding with increased conflict in the Middle East. The escalating situation between Israel and Iran created…

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