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Hyderabad Police Arrest 21 for Converting Stolen Money into Cryptocurrency in Major Money Laundering Crackdown

In Hyderabad, the Telangana Cyber Security Bureau has arrested 21 individuals involved in a major cybercrime scheme. These suspects are accused of withdrawing over 8.20 crore INR from victims and converting the stolen funds into cryptocurrency. Out of the 21 arrested, 13 used their bank accounts to facilitate the withdrawals, while the other eight acted ...

Market News

Hyderabad Police Arrest 21 for Converting Stolen Money into Cryptocurrency in Major Money Laundering Crackdown

In Hyderabad, the Telangana Cyber Security Bureau has arrested 21 individuals involved in a cybercrime scheme that aimed to convert stolen money into cryptocurrency. The suspects were part of a network that withdrew around 8.2 crore rupees from victims’ accounts using fraudulent methods before transferring the funds into cryptocurrency wallets linked to Dubai. Out of ...

Market News

Cryptocurrency Market Update: Why Bitcoin, Dogecoin, and XRP Prices Are Falling Today

Cryptocurrencies experienced a decline this weekend as investors reacted to the Federal Reserve’s more hawkish stance, anticipating fewer interest rate cuts than expected for 2025. Bitcoin, the largest cryptocurrency, fell about 4%, trading around $93,260 after previously peaking over $102,000. Other cryptocurrencies, including Dogecoin and XRP, also saw significant drops. Despite some positive news regarding ...

Market News

Trump’s New Pro-Crypto Appointments: A Boost for Cryptocurrency Adoption and Innovation in the U.S.

The Protocol newsletter by CoinDesk provides a weekly summary of significant cryptocurrency tech developments. This week’s highlights include Donald Trump’s new crypto-friendly appointments aimed at integrating blockchain into the U.S. economy, a leadership change at Aptos Labs with co-founder Avery Ching stepping in as CEO, and Sonic’s plan to distribute its tokens to TikTok users, ...

Market News

David’s Bridal Launches New Media Network Partnering with Love Stories TV to Celebrate Wedding Journeys and Bridal Inspiration

David’s Bridal has announced its acquisition of Love Stories TV, a wedding media brand, marking a significant shift in its business strategy. This purchase coincides with the launch of the Pearl Media Network, aimed at providing comprehensive wedding inspiration and planning content. David’s Bridal intends to leverage Love Stories TV’s impressive reach of 20 million ...

Market News

David’s Bridal Launches New Media Network Partnering with Love Stories TV to Celebrate Wedding Journeys and Bridal Inspiration

David’s Bridal has announced the acquisition of Love Stories TV, a popular wedding media brand, as part of its new Pearl Media Network launch. This move positions David’s Bridal beyond just a retail wedding company, allowing it to become a significant source of wedding inspiration and planning for couples. With Love Stories TV boasting 20 ...

Market News

Wirex Expands Offering with 2 New Stablecoins for Effortless Digital Currency Spending Solutions

Wirex has expanded its digital payments platform by adding two new stablecoins: VNX Euro (VEUR) and VNX Swiss Franc (VCHF). This integration allows users to easily spend these currencies using their Wirex cards for everyday purchases, remittances, and managing digital assets. The co-founder of Wirex, Pavel Matveev, highlighted that these additions aim to make digital ...

Market News

Crypto.com Launches Innovative Sports Event Trading Product for Enhanced Fan Engagement and Betting Experience

Crypto.com has launched a groundbreaking sports event trading product, allowing American users to trade predictions on major sporting events like the Super Bowl. This innovative platform, known as “Sports,” is part of Crypto.com’s broader efforts to expand its audience beyond cryptocurrency enthusiasts. Users can participate in a promotional offer that includes a chance to win ...

Market News

Crypto.com Launches Innovative Sports Event Trading Product for Enhanced Fan Engagement and Betting Experience

Crypto.com has launched a groundbreaking sports event trading product, offering American users a chance to predict and trade on the outcomes of sporting events like the Super Bowl. This innovative platform, termed “Sports,” allows users to take part in unique event contracts and is backed by Crypto.com-Derivatives North America, a CFTC-regulated exchange. Users can win ...

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