What is India’s levy crypto tax, and how does it apply across various types of transactions, such as trading, selling or spending your crypto? For the financial year 2024-2025, Indian tax law treats cryptocurrencies as virtual digital assets (VDAs) under the Income Tax Act, 1961. Section 2(47A) spells out what that means: Any code, number,...Continue Reading

Michael Saylor’s Bitcoin fortress faces Peter Thiel’s Ether agility. Two giants, two treasuries — who’s making the smarter bet? Peter Thiel has quietly established a large footprint in crypto treasuries by backing companies that invest in Ethereum. This approach gives him significant indirect exposure to the cryptocurrency’s growth while staying aligned with his broader venture...Continue Reading

ChatGPT’s “memory” function might explain how the bot was persuaded to ignore its own safety guardrails in a murder case and a suicide. AI Eye Two tragic cases linking ChatGPT to a murder and a suicide came to prominence this week, with attention turning to how extended conversations and persistence of memory can build to...Continue Reading