BITCOIN

A hacker claims to have stolen the personal data of a billion Chinese citizens from the Shanghai National Police (SHGA) and is selling it for 10 bitcoins. “This database contains many TB of data and information on billions of Chinese citizens.” 23 Terabytes of Data on a Billion Chinese Citizens on Sale for 10 Bitcoins An anonymous hacker has claimed to have stolen about 23 terabytes of data on a billion Chinese citizens from a Shanghai police database. Experts say that, if true, this would be one of the biggest data breaches in history. The data is being offered for sale for 10 bitcoins. At the time of writing, this sum amounts to about $197,806. On a hacker forum, an anonymous user using the handle “Chinadan” offered the data for sale on Thursday. The user claimed that the information was leaked from the Shanghai National Police (SHGA) database. “This database contains many TB of data and information on billions of Chinese citizens,” the post details. The leaked data includes na

Cryptocurrency trading volumes across exchanges in India have plunged after the country’s 1% tax deducted at source (TDS) went into effect at the beginning of the month. Some major crypto exchanges saw volumes dropping by about 80%. Crypto Trading Volumes Fall Across India The trading volumes across crypto exchanges in India have fallen sharply after the new TDS (tax deducted at source) went into effect on July 1. Trading volumes on major Indian crypto exchanges Wazirx, Coindcx, Zebpay, and Bitbns plunged about 83%, 70%, 76%, and over 18%, respectively, from Thursday to Sunday, the Mint reported Monday, citing data from research firm Crebaco. The controversial 1% TDS on crypto transactions exceeding 10,000 rupees is now in effect. The TDS is in addition to the 30% gains tax on crypto which went into effect in April. Crebaco founder Sidharth Sogani told the publication that the substantial drops in crypto trading volumes also resulted from the global financial market sentiments. I

BTC briefly rose back above $20,000 on Tuesday, as U.S. markets reopened following yesterday’s Independence Day holiday. Prices of ETH also surged, climbing over its $1,100 resistance level. Overall, the crypto market cap is trading 0.63% higher. Bitcoin On Tuesday, bitcoin rallied back above $20,000, as traders returned from the U.S. Independence Day celebrations. In what has been a highly volatile trading session, BTC /USD rose to an intraday peak of $20,405.12 earlier in the day. However, these gains were not sustained, with prices since moving to a low of $19,438.48, as bulls likely liquidated their positions. As of writing, prices are now trading at $19,447.73, which is roughly around 1.13% lower than today’s high. Looking at the chart, the drop comes as prices approached a short-term resistance point of $20,500. Overall, volatility continues to be high, with bearish pressure remaining present, and bears likely looking to take price below $19,000 in upcoming sessions. E