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How Delhi-Noida Gang Cheated Elderly US, Canada Citizens Of Rs 260 Crore
The CBI has unearthed a cryptocurrency scam, in which three individuals collected Bitcoins worth Rs 260 crore through fraudulent means from senior citizens in the US and Canada, the federal agency said.
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Worldcoin Ordered to Delete All Iris Scanning Data From Users in Spain, Germany
Spanish data protection watchdog AEPD and the Bavarian State Office for Data Protection Supervision (BayLDA) have ordered Sam Altman-led World (formerly Worldcoin) to erase all the iris scanning data it has collected so far.
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WazirX Restructuring Plan Heads to Court in January; Risk of Liquidation If Rejected
Zettai stated that it is awaiting Singapore Court approval to present its restructuring plan to creditors. It added that if the plan is not approved, WazirX’s only remaining option would be liquidation.
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Losses from Crypto Hacks Jumped to $2.2 Billion in 2024: Chainalysis
The hacking amount exceeded $1 billion (roughly Rs. 8,502 crore) for the fourth straight year and the number of incidents rose to 303 from 282 in 2023, it said.
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Crypto Price Today: Bitcoin Falls to $97,000, Most Altcoins See Losses
The overall crypto market valuation saw a drop of 4.47 percent in the last 24 hours. Bitcoin and Ether, both saw losses on Friday, December 20. Cardano, Dogecoin, Shiba Inu, and Solana – all registered losses on the price chart alongside BTC and ETH.
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Chainalysis Acquires Web3 Security Firm Hexagate to Advance Strategic Growth Objectives
Blockchain data firm Chainalysis announced its acquisition of Hexagate this week. Hexagate specialises in providing comprehensive tools for Web3 security, including risk mitigation, forensic analysis, and compliance solutions. Its services support a range of prominent crypto firms, including Coinbase, Polygon, Uniswap, and Consensys, among others.
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After Kraken, Binance Sued by ASIC in Australia: Here’s Why
The ASIC has filed a lawsuit in federal court, accusing Binance's local subsidiary of misclassifying 505 retail investors as wholesale investors. As a result, the exchange is alleged to have failed to provide the necessary consumer protection for these retail investors.
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Ripple Debuts RLUSD Stablecoin with Former RBI Chief Raghuram Rajan on Advisory Board
This week, Ripple launched its RLUSD stablecoin, pegged 1:1 to the US dollar. Advisory board member and former RBI governor Raghuram Rajan noted that stablecoins could soon play a key role in private payment systems.
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Binance Wallet Gets New ‘Alpha’ Feature that Spotlights Early-Stage Crypto Tokens: Details
On Wednesday, December 18, Binance unveiled a new feature called Alpha for its wallet service. This feature will spotlight tokens linked to early-stage Web3 projects that may be considered for future listing on the exchange.
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Delhi, Bengaluru Led Crypto Adoption in India in 2024, Memecoins Garnered Attention: CoinSwitch
CoinSwitch’s report reveals that Shiba Inu, Dogecoin, and Pepecoin gained significant popularity in India. Additionally, it highlights that 75 percent of India’s crypto investors are under 35 years old.
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Crypto Price Today: Bitcoin Hits New All-Time High of $108,000 Before Pulling Back; Altcoins Mostly in Red
The overall valuation of the crypto sector tumbled by 2.77 percent in the last 24 hours. Bitcoin and Ether both recorded losses on Wednesday, December 18. Avalanche, Chainlink, and Shiba Inu also registered losses alongside BTC and ETH. Small profits were attained by Stellar and Uniswap among some other altcoins.
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Vishvasya Blockchain Stack Being Used to Verify Apps, Property Transactions: MoS IT
Jitin Prasada, the minister of state (MoS) for electronics and information technology (MeitY) has told the Rajya Sabha that states like Jharkhand and Karnataka were using the Vishvasya blockchain stack. Verification of property transactions and the origin of mobile apps are among areas where the stack is being used.
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Government Has No Specific Timeline to Finalise Virtual Digital Assets Regulation: MoS Finance
While answering a question on crypto regulation in the Lok Sabha on Monday, Minister of State for Finance Pankaj Chaudhary said that virtual digital assets (like cryptocurrency) are borderless.
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Nearly 800 Arrested In Nigeria Over Crypto-Romance Scams
Nigeria's anti-graft agency said it had arrested 792 suspects in a raid on a building believed to be a hub for fraudsters who lured victims with offers of romance, then pressed them to hand over cash for phoney cryptocurrency investments.
-
How Delhi-Noida Gang Cheated Elderly US, Canada Citizens Of Rs 260 Crore
The CBI has unearthed a cryptocurrency scam, in which three individuals collected Bitcoins worth Rs 260 crore through fraudulent means from senior citizens in the US and Canada, the federal agency said.
-
Worldcoin Ordered to Delete All Iris Scanning Data From Users in Spain, Germany
Spanish data protection watchdog AEPD and the Bavarian State Office for Data Protection Supervision (BayLDA) have ordered Sam Altman-led World (formerly Worldcoin) to erase all the iris scanning data it has collected so far.
-
WazirX Restructuring Plan Heads to Court in January; Risk of Liquidation If Rejected
Zettai stated that it is awaiting Singapore Court approval to present its restructuring plan to creditors. It added that if the plan is not approved, WazirX’s only remaining option would be liquidation.
-
Losses from Crypto Hacks Jumped to $2.2 Billion in 2024: Chainalysis
The hacking amount exceeded $1 billion (roughly Rs. 8,502 crore) for the fourth straight year and the number of incidents rose to 303 from 282 in 2023, it said.
-
Crypto Price Today: Bitcoin Falls to $97,000, Most Altcoins See Losses
The overall crypto market valuation saw a drop of 4.47 percent in the last 24 hours. Bitcoin and Ether, both saw losses on Friday, December 20. Cardano, Dogecoin, Shiba Inu, and Solana – all registered losses on the price chart alongside BTC and ETH.
-
Chainalysis Acquires Web3 Security Firm Hexagate to Advance Strategic Growth Objectives
Blockchain data firm Chainalysis announced its acquisition of Hexagate this week. Hexagate specialises in providing comprehensive tools for Web3 security, including risk mitigation, forensic analysis, and compliance solutions. Its services support a range of prominent crypto firms, including Coinbase, Polygon, Uniswap, and Consensys, among others.
-
After Kraken, Binance Sued by ASIC in Australia: Here’s Why
The ASIC has filed a lawsuit in federal court, accusing Binance's local subsidiary of misclassifying 505 retail investors as wholesale investors. As a result, the exchange is alleged to have failed to provide the necessary consumer protection for these retail investors.
-
Ripple Debuts RLUSD Stablecoin with Former RBI Chief Raghuram Rajan on Advisory Board
This week, Ripple launched its RLUSD stablecoin, pegged 1:1 to the US dollar. Advisory board member and former RBI governor Raghuram Rajan noted that stablecoins could soon play a key role in private payment systems.
-
Binance Wallet Gets New ‘Alpha’ Feature that Spotlights Early-Stage Crypto Tokens: Details
On Wednesday, December 18, Binance unveiled a new feature called Alpha for its wallet service. This feature will spotlight tokens linked to early-stage Web3 projects that may be considered for future listing on the exchange.
-
Delhi, Bengaluru Led Crypto Adoption in India in 2024, Memecoins Garnered Attention: CoinSwitch
CoinSwitch’s report reveals that Shiba Inu, Dogecoin, and Pepecoin gained significant popularity in India. Additionally, it highlights that 75 percent of India’s crypto investors are under 35 years old.
-
Crypto Price Today: Bitcoin Hits New All-Time High of $108,000 Before Pulling Back; Altcoins Mostly in Red
The overall valuation of the crypto sector tumbled by 2.77 percent in the last 24 hours. Bitcoin and Ether both recorded losses on Wednesday, December 18. Avalanche, Chainlink, and Shiba Inu also registered losses alongside BTC and ETH. Small profits were attained by Stellar and Uniswap among some other altcoins.
-
Vishvasya Blockchain Stack Being Used to Verify Apps, Property Transactions: MoS IT
Jitin Prasada, the minister of state (MoS) for electronics and information technology (MeitY) has told the Rajya Sabha that states like Jharkhand and Karnataka were using the Vishvasya blockchain stack. Verification of property transactions and the origin of mobile apps are among areas where the stack is being used.
-
Government Has No Specific Timeline to Finalise Virtual Digital Assets Regulation: MoS Finance
While answering a question on crypto regulation in the Lok Sabha on Monday, Minister of State for Finance Pankaj Chaudhary said that virtual digital assets (like cryptocurrency) are borderless.
-
Nearly 800 Arrested In Nigeria Over Crypto-Romance Scams
Nigeria's anti-graft agency said it had arrested 792 suspects in a raid on a building believed to be a hub for fraudsters who lured victims with offers of romance, then pressed them to hand over cash for phoney cryptocurrency investments.
