Tooliofy – Breaking Tech News, AI Updates & Digital Trends
Tooliofy is your trusted source for breaking tech news, AI innovations, digital tools, and startup trends. Stay informed with daily updates, expert analysis, and in-depth reports from the world of technology.
WazirX has announced the completion of its asset rebalancing process. On February 11, the troubled exchange informed users affected by the July 2024 hack that they can now check their potential compensation based on their balances as of July 18, 2024. To facilitate this, WazirX has published a Preliminary Creditor List on its website, displaying…
RBI Governor Sanjay Malhotra stated that the upcoming discussion paper on crypto, being developed under the Finance Ministry’s oversight, will provide clarity on the future of virtual assets in the country. Speaking to Gadgets 360, members of India’s Web3 community highlighted that while other nations are embracing crypto, India’s prolonged indecision is hindering its progress…
The U. SEC and Binance are seeking a 60-day pause in their legal battle, which began in June 2023. In a joint motion filed in the District Court of Columbia, both parties urged the court to grant the stay. This request follows the resignation of former SEC Chair Gary Gensler, known for his anti-crypto stance,…
Bitcoin on Wednesday, February 12, showed a price dip of 2.43 percent on international exchanges. With this, Bitcoin is trading at the price point of $95,873 (roughly Rs. 83 lakh) on global platforms, as per CoinMarketCap. On Indian exchanges like CoinSwitch and CoinDCX, the value of BTC slipped by around 2.25 percent over the last…
The US President Donald Trump-backed World Liberty Financial (WLF) has announced the launch of a strategic token reserve. has announced the launch of a strategic token reserve to navigate market volatility while maintaining a crypto-backed fund pool. The firm shared the update on its official X handle on Wednesday, February 12. President Trump, who aims…
Austria-based crypto exchange BitPanda has received regulatory approval from the UK’s Financial Conduct Authority (FCA) to operate in the country. The Vienna-headquartered firm announced on Wednesday, February 12, that it is now authorised to offer crypto-related services to British investors. To secure FCA approval, BitPanda has aligned its operations with the UK’s anti-money laundering and…
US-based cryptocurrency exchange Coinbase is preparing to re-enter the Indian market nearly two years after its exit. The company has begun discussions with potential partners to introduce UPI-linked services in the country, an industry source familiar with the matter, who wishes to be anonymous, told Gadgets 360. Coinbase first attempted to enable UPI-based crypto transactions…
South Korea is collaborating with various internal authorities to develop its Web3 market. In a recent move, the Financial Services Commission (FSC) unveiled a roadmap to gradually integrate local corporations into the VDA market, which primarily consists of cryptocurrencies. Looking ahead, South Korea aims to assess the financial aspects of cryptocurrencies and foster sector growth…
On Friday, February 14, the overall crypto market displayed mixed sentiment. Bitcoin continued its decline for the fifth consecutive day, slipping by nearly 1 percent on international exchanges to $96,812 (roughly Rs. 84 lakh). A similar trend was observed on Indian platforms like CoinSwitch and Giottus, where Bitcoin traded at around $97,704 (roughly Rs. 84.8…
Finance Minister Nirmala Sitharaman introduced the new Income Tax Bill, 2025 to the Lok Sabha on February 13. With this new bill, the finance ministry has provided more clarity to define what constitutes the sector of ‘virtual digital assets (VDAs)’ in the country. This move follows her presentation of the FY2025-26 budget earlier this month….