Nishanth Shetty

Nishanth Shetty is a technical writer, author and a crypto-advisor working at CoinDelite. Based in the city of dreams, Mumbai, on the west coast of India. He holds bachelors degrees from Mangalore University. Nishanth has a myriad experience of technical writings for tech brands. His interests include technology, travel, and food.

Chinese Central Bank Warns Against Cryptocurrencies | Coindelite News
Cryptocurrency News

Chinese Central Bank Warns Against Cryptocurrencies

These days it is very rare to find any positive stories coming out of China with cryptocurrency in the headlines. The central bank of China has again warned its citizens against cryptocurrency investments. The People’s Bank of China (PBoC) has announced the risks associated with digital currency investments. Xu Zhong, Director of research …

Hackers Targets to Steal Bitcoins from Gate.io | Coindelite News
Crypto Hack

Hackers Targets to Steal Bitcoins from Gate.io

The cryptocurrency space has been a victim of various cryptocurrency hacking, cryptojacking, scams, and more. Recently Cybercriminals hacked StatCounter, one of the largest website traffic analytics platforms. The hackers transferred malicious code into more than 600,000 websites. The purpose was to gain access to Bitcoin held at the cryptocurrency exchange …

French Lawmakers Decreases Crypto Tax by 6 Percent | Coindelite News
Cryptocurrency News

French Lawmakers Decreases Crypto Tax by 6 Percent

French lawmakers have done minor changes to the 2019th budget bill which will decrease capital gains tax on Bitcoin sales to 30 percent from 36.2 percent. This would make digital currency transactions in line with other non-real estate assets that are taxed at a flat rate of 30 percent. According to …

Thai's Minister Calls For More Crypto Regulations | Coindelite News
Cryptocurrency News

Thai’s Minister Calls For More Crypto Regulations

Wissanu Krea-ngam, the Deputy Prime Minister of Thailand, has called for more regulations on cryptocurrencies. Earlier this year Thailand introduced a regulatory framework for cryptocurrencies. Krea-ngam said that new measures must be introduced both domestically and internationally. Krea-ngam was recently a part of the Counter-Terrorism Financing Summit. Meantime, he said …

Blockchain To Airdrop Stellar Lumens Worth $125M | Coindelite News
Cryptocurrency News

Blockchain To Airdrop Stellar Lumens Worth $125M

Blockchain has planned to distribute $125 million worth of Stellar Lumens (XLM) to its 28 million users who register for the airdrop. Blockchain, the cryptocurrency wallet provider will be hosting the “largest crypto giveaway in history.” The firm wants to disperse $125 million in Stellar Lumens (XLM) to its wallet users …

Turkish Police Arrest 11 Wallet Account Hackers | Coindelite News
Crypto Hack

Turkish Police Arrest 11 Wallet Account Hackers

The cryptocurrency wallet hacks are one of the biggest threats in the cryptocurrency space. According to reports, the Turkish National Police and the Cybercrime team has arrested 11 criminals included in crypto account hacks. Victims have reported more than $80,000 in losses. The report claims that 14 individuals have complained …

Israeli ICOs Raises $600 Million in Q3 2018 | Coindelite News
ICO News

Israeli ICOs Raises $600 Million in Q3 2018

Israel-based startups have raised more than $600 million through Initial Coin Offerings (ICOs) as of the third quarter (Q3) of 2018. The research firm One Alpha released these analytics on November 2. The research says that 140 blockchain-based firms in Israel have raised $1.3 billion in investment. The investments include 60 …

Banks Partner to Launch Blockchain Finance Platform | Coindelite News
Blockchain News

Banks Partner to Launch Blockchain Finance Platform

The Standard Chartered Bank, HSBC and ten other banks have partnered to launch blockchain trading finance platform in Hong Kong. The partnership aims to boost efficiency in the multi-trillion-dollar funding of international trade. The new platform is called eTrade Connect, and it aims to improve the efficiency of international trade. …

Crypto Regulation

Hong Kong Drafts New Plans for Crypto Regulations

The Securities and Futures Commission of Hong Kong (SFC) has announced its plans for regulating the cryptocurrency industry. The regulator published two drafts for cryptocurrency exchanges, cryptocurrency portfolio managers, intermediaries, and fund distributors. The first draft describes an approach that aims to bring cryptocurrency portfolio managers and fund distributors under …

Jamie Dimon: I Don't Give A Shit About Bitcoin | Coindelite News
Bitcoin News

Jamie Dimon: I Don’t Give A Shit About Bitcoin

Jamie Dimon, CEO of JPMorgan Chase has once again spoke against the world’s most popular cryptocurrency Bitcoin. Jamie had previously said that he would not be speaking about Bitcoin after receiving reactions for earlier comments on the subject. While speaking at Axios conference held in LA, Jamie said in response …