Elon Musk’s $258B Dogecoin Lawsuit Dismissed as Investors Drop Appeal
The lawsuit, initiated in 2022, accused Musk and Tesla of engaging in a "pump and dump" scheme with Dogecoin, resulting in financial losses for investors.
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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.
Hashtag Web3 Releases a Collaborative Report on India’s Digital Currency
Drawing insights from over 30 industry experts and the Web3 community, the report sheds light on the potential of a Central Bank Digital Currency (CBDC) to revolutionize financial inclusion, digital payments, and economic growth.
Delhi Police Arrests Suspect in $234M WazirX Crypto Hack
According to the chargesheet, the accused revealed during interrogation that he had been approached on Telegram by a buyer offering a payment for WazirX crypto accounts with credentials.
Bitwise Acquires Ethereum Staking Provider Attestant, Grows AUM to $10 Billion
Attestant, known for its institutional-grade Ethereum staking services, manages approximately $4 billion in staked assets. Its services cater to financial institutions, family offices, and high-net-worth individuals.
Bitcoin’s $88K Rally Sparks 26% MicroStrategy Surge, 20% Coinbase Jump
As Bitcoin reached a peak of $88,364 on Monday before a slight dip, both MicroStrategy and Coinbase demonstrated the increasing influence of the cryptocurrency market on traditional equities.
Crypto Market Cap Hits Historic $3 Trillion as Bitcoin Surges Past $86k
This recent growth underscores the sector's momentum, with Bitcoin’s market cap alone accounting for over $1.7 trillion (at the time of writing), representing a 55.7% dominance in the crypto market.
FTX Sues Binance and Former CEO Changpeng Zhao in $1.8B Recovery Push
According to FTX, this buyback, initiated by FTX’s then-CEO Sam Bankman-Fried (SBF), was financed with FTX’s native token, FTT, along with Binance’s tokens BNB and BUSD, despite FTX allegedly being insolvent at the time.
Bitcoin Mining Difficulty Surges Past 100 Trillion For The First Time Amid Record Hash Rate
Bitcoin mining difficulty is a measure of how challenging it is to mine a new block relative to the easiest it could ever be.
Robinhood, Kraken, and Paxos Lead Launch of Yield-Sharing USDG Stablecoin
This coalition of companies, named the Global Dollar Network, aims to foster widespread adoption of USDG by offering yield to network participants.
Crypto PAC Raises $78M from Coinbase, Andreessen for 2026 Midterms
This includes a $48 million injection from crypto exchange Coinbase and venture capital firm Andreessen Horowitz (a16z) and $30 million already raised, highlighting the industry's long-term commitment to regulatory influence.
Bitcoin Surges Past $71,000 as U.S. Elections Near; Metaplanet Adds $10.5M in BTC
Market analysts are closely monitoring Bitcoin’s movements, particularly with a potential 25-basis-point rate cut expected from the Federal Reserve in early November.
RBI Governor Warns of Cryptocurrencies’ Threat to Financial Stability, Calls for Global Regulation
Shaktikanta Das warned that widespread adoption of cryptocurrencies could undermine the RBI’s control over the economy, particularly with regard to money supply and inflation control.
India Weighs Crypto Ban as CBDC Gains Ground in Financial Inclusion Efforts
The Indian stance mirrors recommendations by international bodies, such as the IMF and Financial Stability Board (FSB), to allow member states to implement stringent crypto restrictions.
Nigeria Drops Money Laundering Charges Against Binance Executive Tigran Gambaryan
Gambaryan, a U.S. citizen and Binance’s head of financial crime compliance, had been detained in Nigeria since February, facing charges related to laundering $35.4 million, which both he and Binance have denied.
Bybit Expands Global Crypto Card Reach with S1LKPAY Partnership
The card, now available for pre-registration, offers users a $10 bonus for the first 1,000 applicants, along with several benefits tailored for crypto spending.
Indian National Sentenced For $20 Million Fraud Scheme Involving Fake Cryptocurrency Exchange Websites
The announcement was made by U.S. Attorney Dena J. King of the Western District of North Carolina, alongside Jason Byrnes, Special Agent in Charge of the U.S. Secret Service’s Charlotte Field Office.
Explore the Top 5 Crypto Cards Revolutionizing Everyday Purchases in 2024
In this article, we'll explore X cutting-edge crypto cards that are at the forefront of this financial revolution, each offering unique features and benefits to users navigating the intersection of traditional and digital finance.
Legal Expert Calls India’s Crypto Tax “Draconian,” Predicts Exodus of Blockchain Entrepreneurs
Describing the government’s crypto taxation policies as “draconian,” Gupta argued that the Indian government’s view of blockchain technology is misguided, seeing it as primarily used for illicit activities such as money laundering and terrorist financing.
FBI Arrests Hacker Behind SEC X Account Breach and Fake Bitcoin ETF Approval
“Today’s arrest demonstrates our commitment to holding bad actors accountable for undermining the integrity of the financial markets,” said SEC Inspector General Jeffrey.
Former FTX Exec Nishad Singh Seeks No Jail Time, Cites Limited Role in FTX Collapse
In court filings dated October 16, Singh’s legal team emphasized that he only became aware of the conspiracy to misuse customer funds two months before the crypto exchange’s collapse.
African Crypto Startup Yellow Card Raises $33 Million to Scale Crypto Solutions, Focuses on Stablecoin Utility
QUICK BYTE Africa’s blockchain and cryptocurrency sector is witnessing a much-needed boost amid challenging times for startups. While some companies…
Binance, Delhi Police Bust $100K Solar Energy Crypto Scam in Delhi
M/s Goldcoat Solar misled investors by promoting itself as a legitimate participant in this national project, allegedly endorsed by the Ministry of Power.
Bitcoin Could Hit $233,000 by Early 2025, New Analysis Suggests
Using this historical context, the analysis suggests that Bitcoin's monthly RSI could rise to 88.6 in early 2025, matching previous market cycles that ended in explosive gains.
AI Bot Endorsement Sparks $150M Surge in New Goatseus Maximus Memecoin
By Oct. 14, the memecoin reached a market cap of nearly $150 million, according to Birdeye data. However, the market capitalization has since dropped to $122 million. GOAT was launched on Solana’s memecoin deployer platform, pump.fun, on Oct. 10.