Bybit co-founder and CEO Ben Zhou recently made controversial statements, likening Pi Network to a Ponzi scheme and calling it "more dangerous than meme coins."
Bybit co-founder and CEO Ben Zhou recently made controversial statements, likening Pi Network to a Ponzi scheme and calling it "more dangerous than meme coins."
The downturn coincided with a weak start for U.S. equity markets. The Nasdaq opened the week with a sharp 3% drop, while the S&P 500 declined by 2%, reflecting growing concerns over macroeconomic instability.
Quranium and Matter-ID are exploring how decentralized authentication and cryptographically secure identity verification can enhance blockchain security while preserving user privacy.
The RBI has long maintained a cautious stance on crypto, issuing repeated warnings about its risks. However, this raises another question: If crypto has been such a pressing concern, why has India been slow to act on it?
According to police sources, the fraudsters used online payment platforms such as PhonePe and Paytm to collect funds. The money was then converted into USDT (US Dollar Tokens) via Chinese crypto exchanges, including Binance, before being transferred to undisclosed international accounts.