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Share link:In this post: India’s tax authority, the CBDT, has asked crypto platforms for input on the country’s new VDA law. Key issues include the 30% flat tax on crypto gains, the 1% TDS on every transaction, the inability to offset losses, and banks’ reluctance to support crypto-related accounts. India is exploring a comprehensive law and global alignment under the OECD’s crypto-asset reporting framework.
Share link:In this post: • Digital ruble to bring Russia’s economy $3 billion annually. • Economic effect for Russian firms estimated at $600 million a year. • Analysts warn about losses for the country’s banking system and security risks.
Share link:In this post: Google increased its stake in TeraWulf from 8% to 14% with $3.2 billion in total backing. TeraWulf signed two 10-year AI compute deals with Fluidstack for over 360 MW capacity. The Fluidstack contracts are worth $6.7 billion and could rise to $16 billion with extensions.
Share link:In this post: Roger Ver was targeted in a failed $30 million scheme to secure a Trump pardon using fake political connections. Matt Argall and Brock Pierce pitched the deal, demanding $10 million upfront and $20 million after success. The White House denied knowing about the plan, and no payments were made, according to Ver’s lawyer.
- 16:11Data: If ETH falls below $3,764, the total long liquidation volume on major CEXs will reach $974 million.According to ChainCatcher, citing Coinglass data, if ETH falls below $3,764, the cumulative long liquidation volume on major CEXs will reach $974 millions. Conversely, if ETH breaks through $4,133, the cumulative short liquidation volume on major CEXs will reach $590 millions.
- 16:10Data: In the past 24 hours, total liquidations across the network reached $237 million, with long positions liquidated for $91.41 million and short positions liquidated for $145 million.ChainCatcher news, according to Coinglass data, in the past 24 hours, the total liquidation amount across the network reached $237 million, with long positions liquidated for $91.41 million and short positions liquidated for $145 million. Among them, bitcoin long positions were liquidated for $12.1877 million, and bitcoin short positions were liquidated for $52.2225 million; ethereum long positions were liquidated for $30.7155 million, and ethereum short positions were liquidated for $39.1389 million. In addition, in the past 24 hours, a total of 106,357 people were liquidated globally, with the largest single liquidation occurring on Hyperliquid - BTC-USD, valued at $11.8562 million.
- 16:10Data: A newly created wallet is shorting ETH and ENA, currently with an unrealized loss of $1.44 millionChainCatcher reported, according to Onchain Lens monitoring, a newly created wallet has withdrawn 4 million USDC from a certain exchange in the past two days and opened short positions on ETH (15x leverage) and ENA (10x leverage), currently with an unrealized loss of 1.44 million USD.