Sui Launches ‘SuiHub Dubai’, Its First Global Hub to Drive Web3 Innovation
Located in Expo City Dubai, the hub will offer resources to Web3 startups, including technical support, workshops, community events, and funding opportunities.
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Stay informed with Crypto India Magazine, your professional destination for crypto news, the latest Web3 news, and updates from the blockchain world. We deliver accurate and timely coverage from cryptocurrency news today to insights into DeFi, NFTs, and other innovations. Whether you're catching up on crypto news today or diving into the latest Web3 news, Crypto India Magazine ensures you’re always in the know.
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.
X Empire Faces Player Backlash Over Airdrop Allocations Ahead of Token Launch, Players Complain to Elon Musk
In response, Alex Falcon, the creator of X Empire, addressed the complaints in a Telegram post on Saturday, explaining that "active friends" was a crucial factor in determining airdrop eligibility, alongside players' profit-per-hour rate and quest completion.
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.
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.
Trump-Backed DeFi Project World Liberty Financial Raises $9M in Token Sale as Election Odds Fuel Bitcoin Surge
Trump, serving as "chief crypto advocate," touted crypto as the future, while the project has garnered mixed reactions within the crypto community.
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.
Vitalik Buterin Sells $1.6M in Memecoins for Charity, Reflects on Ethereum’s Future
The sale included $982,800 in Moo Deng (MOODENG), $231,000 in Monsterra (MSTR), and $183,000 in Ethereum Is Good (EBULL), according to blockchain analytics firm Spot On Chain.
0xSchool to Host Kerala’s Largest Web3 Hackathon at NIT Calicut During IEDC Summit
With a prize pool of $1,500, BuildOnChain'24 is backed by major Web3 players such as Operate Crypto, Tezos, Elna.ai, and SendCoin. Participants will work on real-world challenges, creating blockchain-based solutions under expert guidance.
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.
Powerledger Integrates with Solana to Boost Global Clean Energy and Environmental Trading
The integration combines Solana's high-speed, low-cost blockchain with Powerledger's innovative energy trading and environmental tracking solutions, paving the way for more efficient and cost-effective clean energy solutions worldwide.
Stripe Reintroduces Crypto Payments for U.S. Businesses After Six Years
After six years, U.S. businesses can now accept stablecoin payments from customers in over 150 countries, with merchants receiving payments in dollars.
AI Godfather Geoffrey Hinton Wins Nobel Prize, Warns of AI Dangers
Hinton stressed the need to be concerned about the negative consequences of AI advancements, noting that we lack experience in managing systems smarter than humans.
Crypto.com Has Filed Suit Against the SEC Over Unjust Regulatory Actions in Crypto Space
The move positions the cryptocurrency platform alongside several other industry peers taking legal action against the federal agency, which they claim is overstepping its legal boundaries.
CARV Secures 10+ Strategic Partnerships in Q3 2024, Expands in Gaming and AI
These partnerships, spanning CARV Protocol, CARV Play, and CARV Labs, strengthen the company’s role as a major player in web3 gaming and AI.
TeraWulf Sells Nautilus Stake for $92M, Expands Lake Mariner Facility
This deal will support the expansion of high-performance computing (HPC), AI, and bitcoin mining at TeraWulf’s fully-owned Lake Mariner facility, positioning the company for future growth.
Web3 Game Seraph Sees $2M Revenue, 90K Players in Season 0
To date, the game has facilitated 17,000 ETH in NFT trading volume and surpassed 163,000 NFT trading transactions, further solidifying its presence in the Web3 gaming space.
SEC Enforcement Chief Gurbir Grewal to Step Down, Sanjay Wadhwa to Take Over
During Gurbir S. Grewal's time as Director of the SEC’s Division of Enforcement, the agency pursued over 2,400 enforcement actions, securing more than $20 billion in penalties, and returning billions to harmed investors.
Resolv Teams Up With Hyperliquid, Brings USR Stablecoin to Both Centralized and Decentralized Exchanges
This collaboration boosts returns for USR holders by leveraging Hyperliquid’s high liquidity and competitive perpetual futures funding rates.
CMU President Uses Perplexity AI to Ask Google Chief Sundar Pichai About Tech Failure
The host highlighted one of Perplexity’s final questions: “Discuss his views on failure in the tech industry. How does he encourage his team to take risks, and what lessons has he learned from setbacks in his career?”
zkMe Integrates with Plume Network to Enhance Privacy and Compliance in Real World Asset Finance
As part of this collaboration, zkMe will bring its zero-knowledge KYC (zkKYC) solution to Plume Network, marking its first integration of a zkKYC system for secure user verification within the RWAfi ecosystem.
Top AI Scientists Urge Global Collaboration to Tackle AI Risks at Venice Summit
Among the experts present were Turing Award winners Yoshua Bengio and Andrew Yao, UC Berkeley professor Stuart Russell, OBE, and Zhang Ya-Qin, Chair Professor at Tsinghua University.