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.
Tag: Cryptocurrency
Bitwise Acquires Ethereum Staking Provider Attestant, Grows AUM to $10 Billion
Attestant, known for its institutional-grade Ethereum staking services, manages approximately $4 billion in staked assets. Its services cater to financial institutions, family offices, and high-net-worth individuals.
Wrapped Litecoin ($WLTC) Unlocks DeFi for Litecoin ($LTC) Holders
An ERC-20 token, $WLTC acts as a simple bridge between the Litecoin and Ethereum ecosystems. As the oldest surviving altcoin, Litecoin’s 13 years of uninterrupted network activity has earned it a reputation as one of the most trusted and active digital assets globally.
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.
Eric Trump to Speak at Bitcoin MENA in Abu Dhabi
Eric Trump’s participation signals a significant milestone for Bitcoin MENA 2024 bringing a wealth of business acumen and leadership experience to the growing bitcoin adoption in the Middle East.
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.
LayerK Unveils Tools to Aid Monetization and Networking for Blockchain Digital Creators
Among the key features, LayerK provides monetization avenues tailored for creators, addressing a growing challenge in the digital economy: sustainable revenue.
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.
Base8 Launches Bitcoin Layer 3 Platform, Kicks Off $1.24M Crowdfunding Campaign
The platform is also one of the first to support SATs (Satoshis), the smallest unit of Bitcoin, and offers trading in more than 35 other liquid tokens.
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.
HKVAX Pioneers Blue Economy Security Tokens: Signs Strategic MoU at Ocean Forum
The event, held on October 16-17, 2024, in Oeiras, Lisbon, saw HKVAX sign a Memorandum of Understanding (MoU) with Fórum Oceano and Yacooba Labs for a Blue Economy STO project, exemplifying its commitment to global collaboration in sustainable 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.