El Salvador Splits Bitcoin Reserves Into Multiple Wallets, Citing Quantum Threats and Security Concerns
El Salvador’s National Bitcoin Office has announced a major restructuring of the country’s Bitcoin reserves, moving coins from a single…
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Crypto
Breaking cryptocurrency news, price moves, and deep analysis — from Bitcoin and altcoins to regulation and adoption. Crypto India Magazine covers the global crypto economy.
Ripple Touted as ‘Full-Stack Financial Firm’ After Gemini Deal and $200M Rail Acquisition
A recent disclosure in Gemini’s IPO filing revealed that Ripple struck a credit agreement with the exchange worth up to $150 million. The arrangement allows Gemini to request loans in increments of at least $5 million, up to $75 million.
Kanye West’s YZY Memecoin Is a PR Disaster Waiting to Happen
The launch comes months after Shopify cut ties with West’s Yeezy brand. The e-commerce giant shut down the Yeezy store in February after West began selling swastika-themed merchandise, calling the stunt “vile” and warning of fraud risks to consumers.
RBI Approves Blockchain MSME Financing to Boost Credit Access and Transparency
“This is not about replacing traditional finance, but about complementing it with faster, more transparent, and more inclusive tools,” an RBI representative noted.
El Salvador Passes Law Allowing Investment Banks to Hold Bitcoin, Targets Institutional Clients
El Salvador’s legislative assembly has approved a new law enabling large, well-capitalized financial institutions to apply for licenses to offer…
ED Attaches ₹42.8 Crore Linked to Coinbase Spoof Scam Mastermind Chirag Tomar
The attachment order, issued on August 2, 2025, includes 18 immovable properties in Delhi and multiple bank account credits, following an ongoing money laundering investigation linked to a sophisticated cyber scam involving a spoofed version of the crypto exchange Coinbase.
MEXC Reports 12% Drop in Fraud Cases, Blocks Over 70,000 Attempts in Q2 2025
“As fraud networks evolve, so must our response,” said Tracy Jin, COO of MEXC. “But education remains key. Risk control isn’t about punishment — it’s about protection.”
Wellcell Holdings Launches Fopay to Build Hong Kong’s First Institutional-Grade Web3 Payments Infra
Fopay arrives at a pivotal moment. With the implementation of stablecoin regulatory frameworks across major jurisdictions — including the EU’s MiCA, the U.S. Stablecoin Act, and Hong Kong’s Stablecoin Ordinance passed in May — the stage is set for compliant crypto payment platforms to scale globally.
A New Kind of Digital Money is Taking Over
Stablecoins have quietly become a financial powerhouse, moving over $27 trillion in 2024—surpassing Visa and Mastercard combined. From cross-border payments to DeFi, this guest piece by Vedang Vatsa explores how digital dollars are reshaping the global economy. Published by Crypto India Magazine.
If Crypto Bills Pass, ‘You Can’t Put the Genie Back in the Bottle,’ Says Bitwise CIO
In a client note, Hougan argued that while Bitcoin’s recent surge to all-time highs is partly due to institutional demand colliding with tight supply, the regulatory developments in Washington are an underappreciated catalyst.
Grayscale Files Confidential IPO With SEC, Signals Renewed Crypto Push Into Public Markets
Announced on Monday, the confidential filing allows Grayscale to engage in behind-the-scenes dialogue with regulators while delaying disclosure of sensitive information until closer to its official IPO date. This route has been increasingly favored by tech and crypto firms seeking to test public market waters discreetly before going fully public.
Kevin O’Leary Says the U.S. Must Learn From Bitcoin Miners to Stay Ahead in Global AI Race
“It all comes down to power,” O’Leary said. “Whether it’s AI data centers or Bitcoin mining, they need the same thing—energy infrastructure. And often, now, these projects are one and the same.”
Binance CEO Richard Teng Says Crypto Can Uplift Bhutan’s Gross National Happiness Vision
“Fundamentally, it’s the same,” Teng said during a media roundtable in Thimpu. “At the end of the day, crypto is about financial freedom and financial inclusion. It solves a lot of problems. And ultimately, it brings up the well-being of a person.”
Limitless Raises $4M Strategic Round, Launches Points Program Ahead of Token Generation Event
This latest round follows a $3 million pre-seed raise led by 1confirmation, bringing Limitless’ total funding to $7 million. Other backers include Coinbase Ventures, Collider, Node Capital, Paper Ventures, Public Works, WAGMI Ventures, and contributors via the Base Ecosystem Fund on Echo.
BJP Spokesperson Calls for Bitcoin Reserve Pilot to Strengthen India’s Economic Resilience
Citing the United States’ plans to expand its Bitcoin reserves and Bhutan’s state-backed mining initiatives, Bhandari positioned India as uniquely suited to leverage its growing renewable energy capacity to establish a state-level Bitcoin strategy.
Traders Experiment With Grok for Real-Time Crypto Signals via X Integration
Grok’s advantage lies in speed and context awareness. Unlike bots that simply track ticker mentions, Grok evaluates emotional tone, crowd reactions, and engagement patterns.
Genesis Digital Assets Acquires 1,000 Auradine Miners to Boost Texas-Based Bitcoin Mining Operations
“We view operational excellence and long-term sustainability as our north stars,” said Abdumalik Mirakhmedov, Executive President of GDA. “Auradine’s high-performance mining systems give us the competitive edge we need, while ensuring that we remain responsible energy participants—especially as part of Texas’s dynamic grid ecosystem.”
Brian Armstrong Unveils 2025 Coinbase Roadmap: USDC Payments, Derivatives, AmEx-Backed Card, and a Business Suite
Unveiled during Coinbase’s State of Crypto Summit, Armstrong shared key pillars of the company’s 2025 product strategy in a detailed thread on X (formerly Twitter), positioning Coinbase as not just an exchange but the infrastructure layer for the next era of finance.
India’s CBI Busts Cross-Border Cybercrime Ring, Seizes $327K in Crypto and Sophisticated Spoofing Tools
The accused, identified as Rahul Arora, was apprehended during coordinated raids across three locations in India. In addition to the crypto seizure, authorities recovered approximately $26,400 (₹22 lakh) in unaccounted cash, as well as advanced caller ID spoofing tools, lead generation software, and voice recordings used in social engineering scams.
Australian Police Bust $123M Crypto Laundering Operation Using Armored Security Firm as Front
The Australian Federal Police (AFP) said they had frozen $13.6 million worth of suspected criminal assets across Queensland and New South Wales. The operation allegedly exploited an armored vehicle unit to launder illicit cash under the guise of legitimate business activity.
U.S. Seizes Crypto and 145 Domains Linked to BidenCash Darknet Marketplace
The Department of Justice (DOJ) did not disclose the exact value or type of cryptocurrencies seized but confirmed that the funds were used to collect illicit proceeds from transactions on the BidenCash platform.
Meta Shareholders Reject Bitcoin Treasury Strategy in Landslide Vote
The resolution, introduced by Bitcoin advocate Ethan Peck on behalf of the conservative think tank National Center for Public Policy Research (NCPPR), argued that Meta should allocate a portion of its $72 billion in cash and cash equivalents to Bitcoin.
‘Bitcoin Is for Everyone,’ Says Michael Saylor, as Strategy’s Holdings Top $60 Billion
Michael Saylor, long hailed for his Bitcoin evangelism, framed BTC not only as an asset but as incorruptible, programmable digital property engineered to outperform traditional instruments.
GameStop Buys 4,710 BTC, Confirms Entry Into Bitcoin Treasury Strategy
The acquisition follows months of speculation and comes after GameStop hinted at a broader GameStop cryptocurrency investment strategy in March, when it announced plans to raise $1.3 billion through a convertible note offering.