Author: NBTC

Indian crypto traders are receiving tax notices as the government tightens crypto income monitoring. Notices under Section 133(6) already list crypto income and demand explanations, not confirmations. The tax department is tracking crypto trades through KYC exchanges, TDS, banks, and AIS data. Indian crypto traders are increasingly coming under the scanner as the Income Tax Department begins issuing tax notices related to crypto trading income. Over the past few weeks, several traders have reported receiving official tax notices, showing a stricter approach toward crypto compliance in India.So, what does this mean for Indian crypto traders? Is crypto trading becoming more…

Key Takeaways Lighter achieved a major milestone by reaching $200 billion in a 30-day trading volume, surpassing its rival, Hyperliquid. The trading volume highlight aligns with the launch of Lighter’s LIT utility token. Lighter, a DEX focused on perpetual futures trading, recorded roughly $200 billion in 30-day trading volume, surpassing Aster and Hyperliquid as activity accelerated around the launch of its LIT token, according to data from DefiLlama. Over the same period, Aster recorded about $173 billion in trading volume, while Hyperliquid saw roughly $165 billion. On a 7-day basis, Lighter also led with $29 billion, ahead of Hyperliquid and…

The crypto market as a whole ended 2025 with a net loss, down from a $3.5T to $3T valuation. The MSCI blockchain economy index outperformed, gaining over 37% in the past 12 months. In 2025, the MSCI blockchain economy index gained a net 37.03%, outperforming most narratives and major coins. The index is based on tech stocks, reflecting the overall gain of the sector. The MSCI blockchain economy index gained over 37% in 2025, boosted by the performance of NVDA, IREN, and HOOD, as well as the stability of other components. | Source: MSCI indexes. The MSCI blockchain economy index…

SEOUL, South Korea – December 2024 – South Korea’s Financial Intelligence Unit has delivered a stunning regulatory blow to cryptocurrency exchange Korbit, imposing a 2.73 billion won ($2.0 million) fine for systemic compliance failures that exposed the platform to significant money laundering risks. This decisive action represents the latest escalation in South Korea’s aggressive regulatory campaign targeting virtual asset service providers, signaling a new era of enforcement rigor that could reshape the entire Asian cryptocurrency landscape. Korbit’s Compliance Breakdown: A Detailed Analysis The Financial Intelligence Unit, operating under South Korea’s Financial Services Commission, identified approximately 22,000 separate violations across multiple…

Binance announced that it continues its periodic reviews of spot trading pairs to protect user security and maintain a high-quality trading environment. The cryptocurrency exchange has decided to delist certain spot trading pairs following recent evaluations. According to the official announcement by Binance, low liquidity, insufficient trading volume, and other factors negatively impacting market efficiency were the reasons for this decision. According to the announcement, trading in the ARKM/BNB, BARD/BNB, EGLD/RON, LISTA/FDUSD, SCR/FDUSD, and ZKC/BNB spot currency pairs will be completely suspended as of 06:00 on January 2, 2026. After this date, open orders in these pairs will be automatically…

As cryptocurrency markets swung sharply throughout 2025, with Bitcoin (BTC) peaking above $126,000 in October, a small group of U.S. lawmakers actively traded digital assets. Public financial disclosures show that most congressional crypto activity involved modest investments in Bitcoin ETFs or direct holdings. However, a few members stood out for the size and timing of their trades, producing mixed results amid market volatility. Mike Collins Rep. Mike Collins, a Georgia Republican, was among the most active traders. He made multiple Ethereum (ETH) purchases totaling tens of thousands of dollars, benefiting as the asset neared record highs in the fall. Collins…

Key Takeaways Korbit fined KRW 2.73 billion (approx. $1.9 million) by South Korea’s Financial Intelligence Unit (FIU) for anti-money laundering violations. The FIU said Korbit allowed trading by customers who had not completed KYC checks, accepted improper identity documentation, and processed transfers involving unregistered overseas operators. South Korea’s Financial Intelligence Unit (FIU) has sanctioned Korbit following a comprehensive review that uncovered widespread anti–money laundering (AML) failures, according to a regulatory notice issued on December 31. The country’s fourth-largest crypto exchange received an institutional warning and was fined KRW 2.7 billion (approximately $1.9 million) after inspectors found repeated violations of customer…

The SUI blockchain delivered a powerful signal to the crypto market over the past 24 hours. Traders processed $408 million in decentralized exchange transactions. This surge placed SUI among the most active Layer 1 networks by trading volume. The data highlights a sharp rise in user participation across decentralized finance protocols. This sudden jump in SUI DEX volume reflects growing confidence in the network’s infrastructure and performance. Developers continue to build faster trading platforms. Users increasingly favor low fees and quick settlement times. These strengths now translate into measurable onchain results. Market participants now track SUI more closely as liquidity…

D’CENT Wallet, a prominent wallet for crypto custody and management, is spotlighting Orbs Network, a decentralized L3 blockchain, as its Year-End Gala partner. This synergy is aimed at bringing centralized finance (CeFi)-level capabilities execution to decentralized finance (DeFi). Through this collaboration, Orbs is set to position itself as an advanced onchain trading infrastructure without compromising the decentralization. D’CENT Wallet has revealed this trailblazing collaboration through its official X account. 🎊 Gala Partner Spotlight: @orbs_networkOrbs brings CeFi-level execution to DeFi, powering advanced onchain trading with aggregated liquidity, perps infrastructure, and pro-grade order logic.🔹 CeFi-grade execution in DeFi🔹 Perps & advanced order…

In the cryptocurrency market, 2025 stands out as a period in which capital movements between ecosystems will accelerate. On-chain data shows that while some altcoin networks are recording strong net inflows, others are facing significant net outflows. This picture offers important clues about how investor preferences and liquidity rotation have shaped up throughout the year. Strongest Funding Inflow in Ethereum In 2025, the strongest net inflow was seen on the Ethereum front. The Ethereum network experienced a net capital inflow of $4.21 billion throughout the year. Ethereum was followed by Hyperliquid. The Hyperliquid network stood out particularly with its derivatives…