Author: Simran Mishra

CME Crypto Index Futures Go Live Trade Bitcoin, Ether, and Solana in One Product: A Big Step for Institutional Crypto Growth CME Group has launched CME crypto index futures, giving investors an easy way to track the crypto market. The product allows trading of multiple cryptocurrencies through one single contract. The index includes 8 major cryptocurrencies based on market value. These include Bitcoin, Ether, Solana, XRP, Cardano, Chainlink, Stellar, and Bitcoin Cash. This setup helps investors get wide market exposure without buying each asset. Cash-Settled Contracts Make Trading Easier The futures contracts are cash settled, so traders do not need…

Fish Trader Crypto Scam Exposes Cambodia Links and Massive Digital Fraud Network: Cybercrime is Getting Smarter and Faster Every Day A fish trader from Andhra Pradesh has been arrested in a major crypto scam linked to Cambodia networks. Investigators have discovered that he played an important role in moving money in a Rs. 5.85 crore digital arrest scam. Police arrested Swamy Ayyappa Naravula from Hyderabad on May 25 after a detailed investigation by a Gurugram Special Investigation Team. His background shows a surprising shift from Army service to fish trading and later involvement in cybercrime activities. Fish Trader Arrested in…

Crypto Tax Filing 2026: No Loss Set-Off, Gifts and Mining Also Taxed Under Strict VDA Rules Cryptocurrencies can be bought, sold, and traded in India, but they are not legal tender. Still, the government treats them as virtual digital assets, and income from them is subject to tax rules. Every investor must report cryptocurrency gains while filing income tax returns under Schedule VDA. The government charges a flat 30% tax on crypto income, along with a 4% cess. This rate stays the same for both short-term and long-term gains. There is no difference in tax based on how long the…

CBI Probe Finds Officials, Bank Staff Role in Fund Diversion Across 8 Departments in Rs 661 Crore Scam The Central Bureau of Investigation has stepped up action in the Rs. 661 crore scam with fresh searches. Teams carried out CBI raids at six locations across Chandigarh, Panchkula, and Delhi NCR. Officials searched the homes of senior public servants and offices linked to Vipam Consultancy during the operation. The agency is checking records and financial links connected to the Rs. 661 crore scam. Focus on Officials and Financial Records Investigators suspect strong links between government officials and bank staff in this…

South Korea Plans Real-Time Crypto Tracking and Auto Freeze System After Major Bitcoin Transfer Error South Korea has taken a strong step after a major Bitcoin error shocked the crypto market. Lawmaker Baek Seon-hee introduced a new bill on June 4 to stop crypto mispayments and protect users. The move comes after a costly Bitcoin error earlier this year. A huge amount of Bitcoin went to the wrong address during a transfer. Blockchain systems do not allow easy reversals, which makes such mistakes very risky. This situation pushed officials to improve South Korea’s crypto regulation. New Crypto Bill Targets Crypto…

Goldman Sachs Moves Deeper into Tokenized Real Estate Fund Innovation with Apex Group and Archax Collaboration on GS DAP Platform. Goldman Sachs partners with Apex Group and Archax to launch a tokenized real estate fund initiative. The collaboration advances blockchain-based real estate investment through regulated digital fund structures in global markets. Investment bank Goldman Sachs leads the initiative using its GS DAP blockchain platform for issuance. LRC Group manages the underlying real estate portfolio worth multi-billion euro assets across Europe regionally. Archax is a regulated custodian and distribution partner for tokenized fund units globally throughout markets. Blockchain Meets Traditional Real…

Clarity Act Push and Institutional Selling Reshape Crypto Liquidity as Ripple Eyes US Banking Growth The recent crypto crash has raised concerns, though recent insights suggest the situation may not be as serious as initially thought. Yoshitaka Kitao, Chairman of SBI Holdings, said the decline reflects a temporary shift in money rather than weakness in the crypto market. Kitao explained that large institutional investors have started selling crypto assets to raise cash. This capital is moving toward upcoming IPOs such as SpaceX, OpenAI, and Anthropic, which are drawing strong interest worldwide. This shift has reduced liquidity in the crypto market,…

India’s Crypto Market Faces Falling Depth and Price Discovery Issues as 1% TDS Cuts Capital, While Stablecoins and Tokenized Assets Gain Momentum for Faster Settlements and Global Trade Expansion. India’s crypto market continues to push for clarity as tax rules shape market behavior and trading patterns. WazirX CEO Nischal Shetty recently highlighted how the Indian crypto TDS framework has disrupted market liquidity and trader participation. Shetty stated that the current 1% TDS removes working capital from the system and weakens trading efficiency. He suggested either removing the tax or sharply reducing it to 0.01% to balance the market better. He…

Clavicular Bitcoin Rant Triggers Online Storm as Institutional Buying Grows and Crypto Community Pushes Back Controversial streamer Clavicular has once again grabbed attention after a strong Bitcoin rant went viral online. His comments directly targeted Bitcoin and questioned its value as an investment. During a livestream, Clavicular said Bitcoin is a bad investment and warned people not to trust it. He explained that Bitcoin has no real value and does not work like a normal product. His Bitcoin criticism quickly became a big topic in the crypto market debate. Social Media Reacts to Bitcoin Comments The Clavicular Bitcoin rant spread…

KoinBX is rapidly expanding in India, offering access to 300+ cryptocurrencies, fast INR deposits and withdrawals, and robust security systems. At the same time, its FIU-compliant framework builds trust among a growing base of crypto users. KoinBX is growing fast as a trusted crypto exchange in India. The platform allows users to buy and sell cryptocurrencies instantly with simple and smooth steps. It focuses on safety, speed, and easy INR transactions, which many Indian users now expect. India’s crypto market is evolving quickly, and users want platforms that comply with regulations and remain secure. KoinBX operates as an FIU-compliant crypto…