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…
Tag: Crypto
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.”
Strategy Executive Chairman Michael Saylor to Make First Appearance in the Middle East
Saylor’s keynote marks a major milestone not only for the event—but for the region. Following a high-profile debut in 2024, Bitcoin MENA has cemented itself as a serious stop on the global Bitcoin calendar.
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.
Vision (VSN) Token Launches Across Major Platforms, Setting New Benchmark for Web3 Utility and Governance
The launch also includes strategic partnerships, with AC Milan and Paris Saint-Germain exploring digital fan engagement initiatives that will deliver tangible benefits to Vision holders, from token-gated content to exclusive experiences.
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.
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.
DeFi Lending Protocol zkLend Shuts Down After $9.5M Exploit, Token Delisting
The exploit, caused by a rounding error vulnerability in one of zkLend’s smart contracts, siphoned off millions in user funds and marked the beginning of a rapid unraveling for the project. Despite attempts to negotiate with the attacker, including a proposed 10% bounty offer, zkLend was unable to recover the stolen funds.
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.
CoinDCX Leadership Exits, WazirX Rebrands Abroad, Sumit Gupta Calls for Regulation
At one level, CoinDCX is doubling down on its “Made in India” compliance narrative just as a rival quietly exits Indian jurisdiction. At another level, it’s a company restructuring leadership while increasingly focusing on markets where crypto regulation is actually functional.
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.
Mudrex Co-Founder Alankar Saxena on Making Crypto Work for Everyday India
India tops global crypto adoption, but everyday use remains elusive. In an exclusive interview, Mudrex cofounder Alankar Saxena unpacks how Indians are moving from quick trades to five-year holds, why education and clear rules matter, and where remittances and DeFi could make crypto mainstream.
‘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.
Slash Raises $41M to Reinvent Vertical Banking for Crypto, Ads, and More
Two Gen Z college dropouts just pulled off one of fintech’s boldest pivots — and it’s paying off in millions.…