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Crypto News
Binance Sees Record $1.2B Inflows
The dramatic cryptocurrency market crash on August 5th, which saw Bitcoin plummet by 10% and Ether by 18%, unexpectedly fueled a surge in trading activity and!-->…
Binance Faces $86M GST Tax Demand from India
The Indian government's stance on cryptocurrency continues to evolve, with a recent move raising the stakes for offshore crypto exchanges. Law enforcement agencies!-->…
Crypto Market Suffers $510B Meltdown, Erasing 2024 Profits
The crypto market experienced a severe downturn on August 5th, with Bitcoin plummeting below the crucial $60,000 support level. This sharp decline, coupled with a!-->…
Jail Time Demanded for Mistaken $6.8M Crypto Transfer
A Melbourne couple's brush with accidental fortune has landed them in legal hot water, raising questions about responsibility and the complexities of cryptocurrency!-->…
WazirX Under Fire for ‘Socialized Losses’ Proposal
WazirX, the Indian cryptocurrency exchange, has found itself in the crosshairs of intense criticism following its proposed recovery plan for the $230 million hack!-->…
Argentina’s New AI Unit Aims to Predict and Prevent Crime
Argentina is on the cusp of a technological leap in its fight against crime. The Ministry of Security has unveiled plans to establish a specialized task force, the!-->…
XRP Network Sees Massive Transaction Drop
The XRP Ledger (XRPL) experienced a significant decline in transaction volume during the second quarter of 2024, accompanied by a surge in transaction costs.!-->…
Morgan Stanley Opens Door to Bitcoin ETFs
In a landmark move, Morgan Stanley, the biggest wealth manager in the United States, is opening the door to Bitcoin exchange-traded funds (ETFs) for its vast!-->…
BIS and BoE Launch Stablecoin Monitoring Tool
The Bank for International Settlements (BIS) and the Bank of England have unveiled the results of Project Pyxtrial, a collaborative effort aimed at developing a!-->…
Bitcoin Miner Riot Misses Earnings Estimates
Bitcoin mining giant Riot Platforms has reported its first quarterly loss since 2022, primarily attributed to the impact of the Bitcoin halving event in April. The!-->…