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Vignesh k

Seasoned Crypto Content Writer, Editor and Journalist who entered the cryptocurrency industry out of sheer passion and love for writing.

Posts by Vignesh k

US Crypto Community Divided Over Biden's New Tax Reporting Rules

US Crypto Community Divided Over Biden’s New Tax Reporting Rules

The US Internal Revenue Service (IRS) recently unveiled a set of new tax reporting guidelines. Endorsed by President Joe Biden, these rules aim to tighten the noose on tax evasion in the digital asset space. However, the proposal has been met with a mix of skepticism and outright opposition from

August 28, 2023 2 mins read
Trouble Continues for Pepe Coin as Telegram Account Hacked

Pepe Coin Scandal Shakes the Market: But PEPE is Still Trending

Over the weekend, the cryptocurrency market witnessed an unexpected twist as Pepe coin took center stage for all the wrong reasons. The coin, known for its meme-inspired origins, found itself embroiled in a scandal involving allegations of massive fund removal by former team members. This incident has not only cast

August 27, 2023 2 mins read
Indian Police Bust $3.92 Million Crypto Scam; Arrest Two Suspects

Indian PM Narendra Modi Calls for Unified Global Approach to Crypto Regulation

In a significant announcement at the G20 summit, Prime Minister of India, Narendra Modi advocated for a global framework to regulate the rapidly evolving cryptocurrency landscape. PM Modi’s proposal emphasizes the need for a unified approach that transcends individual national boundaries, echoing the sentiments expressed in a series of tweets

August 27, 2023 2 mins read
Whale Accumulates $5M ETH and DeFi Tokens - Price Explosion Incoming?

Whale Accumulates $5M ETH and DeFi Tokens – Price Explosion Incoming?

An anonymous cryptocurrency whale recently made a series of large purchases totaling around $5 million spread across Ethereum and several top DeFi tokens, including Lido, Uniswap, and Aave. The whale acquired the assets at prices largely in line with current market rates, buying 557 ETH at $1,676 each, 593,139 LDO

August 24, 2023 1 min read
Prosecutors Seek to Bar Binance Ex-CEO CZ from Leaving U.S

Binance Ends Zero-Fee BTC/TUSD Trading – Will This Trigger Another Crypto Selloff?

Cryptocurrency exchange Binance recently announced it will modify its popular zero-fee Bitcoin trading program, ending free BTC/TUSD trades starting September 7th. While zero fees remain for BTC/FDUSD, Binance is discontinuing the incentive for one of its largest BTC pairs. In March, when Binance halted zero-fee BTC/BUSD trades in favor of

August 24, 2023 1 min read
XRP August Outlook: Predicted Plunge Amidst Legal Battle After July's Rally

XRP Ledger Hits Significant Milestone with 82 Million Ledgers

The XRP Ledger (XRPL), the underlying blockchain behind the XRP cryptocurrency, has now closed over 82 million total ledgers. According to tracker XRPL Services, the exact ledger index recently reached 82,043,421, crossing another major milestone. This comes just over a month after XRPL closed its 81 millionth ledger. The continuous

August 23, 2023 1 min read
Shiba Inu (SHIB) Achieves Major Adoption Milestone

Shiba Inu (SHIB) Achieves Major Adoption Milestone

The meme-inspired cryptocurrency Shiba Inu (SHIB) continues to see its community of holders grow, even as developers work to relaunch the troubled Shibarium layer-2 network. According to analytics site CryptEye, the number of SHIB holders has increased by nearly 1,000 in the past 24 hours. The current total sits at

August 23, 2023 1 min read
Shiba Inu Poised for New ATH: Historical Data Suggests Potential 249% Surge

Shiba Inu Partner Unveils Additional SHIB Cold Wallets for Sale

Cryptocurrency hardware provider Tangem recently announced the manufacture of new cold wallets featuring the popular meme coin Shiba Inu. The company stated on X that the latest batch is now available for purchase after an initial 5,000 unit sale this past July. Tangem’s SHIB wallets operate by allowing users to

August 22, 2023 1 min read
Whale Activity Rises by 49% as Polygon (MATIC) Shows Signs of Rebound

Whale Activity Rises by 49% as Polygon (MATIC) Shows Signs of Rebound

Despite largely flat price action over the past week, Polygon has seen a notable uptick in large transactions on its blockchain network. According to crypto analytics platform IntoTheBlock, so-called “whale” transactions on Polygon exceeded $100,000 in value and increased by 49.44% over the last seven days. The number of these

August 22, 2023 2 mins read
Ripple Moves Over $59 Million in XRP to Exchanges

XRP Seeks to Extend Rebound After Dipping Below $0.44

XRP saw some recovery over the weekend after dropping to lows below $0.44 on August 17th. The altcoin closed back in the green on multiple days, prompting analysis firm Santiment to note XRP’s rebound along with other altcoins following last week’s broad crypto sell-off. Santiment suggested the bounce could continue

August 21, 2023 1 min read