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 ...
This weekend, cryptocurrencies dropped as investors reacted to a more cautious Federal Reserve, which indicated it might cut interest rates less than previously expected in 2025. Bitcoin fell about 4% to around $93,260, after reaching over $102,000 last Thursday. Other cryptocurrencies like Dogecoin and XRP also saw declines. The Market was surprised by the Fed’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, ...
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 ...
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 ...
Small businesses in South Carolina are increasingly adopting cryptocurrency to enhance their operations. This shift helps them reduce transaction fees, attract new customers, and manage cash flow more efficiently. While many focus on practical uses of digital currencies rather than speculative trading, businesses are also exploring new coins that could give them a competitive edge. ...
Ethereum, the second-largest cryptocurrency, has gained 50% this year and recently surpassed $4,000. However, it still lags behind other cryptocurrencies like Bitcoin, which is up 131%. Despite hopes tied to the launch of spot Ethereum ETFs, investor interest has been underwhelming, with the largest ETF only managing $3.5 billion in assets, compared to $53.5 billion ...
Shiba Inu, a cryptocurrency that gained massive popularity by skyrocketing over 45 million percent in 2021, is back on the rise after losing most of its value by mid-2022. Initially created as an alternative to Dogecoin, Shiba Inu has drawn attention for its meme-coin status, which reflects a lack of serious utility. While it has ...
Ethereum, the second-largest cryptocurrency, has risen 50% this year, recently surpassing $4,000. However, it lags behind competitors like Bitcoin, which is up 131%. The anticipated boost from new spot Ethereum ETFs has been underwhelming, with the top ETF only managing $3.5 billion in assets compared to Bitcoin’s $53.5 billion. Moreover, Ethereum faces increasing competition from ...
Chill Guy, the beloved and laid-back character, has launched a new meme coin called [$Chillmas] just in time for the holiday season. This unique cryptocurrency combines humor, festive spirit, and the chance to build wealth, making it a must-have for 2024. Fans can customize their own Chillmas Guy outfits, including Christmas sweaters and fun accessories, ...
