In the tumultuous world of cryptocurrency exchanges, few situations resonate quite like the recent controversy surrounding WazirX, one of India’s prominent crypto trading platforms. At the heart of this situation lies a series of allegations and a major hacking incident that has sent shockwaves through the community. The founder and CEO of WazirX, Nischal Shetty,
Crypto
As the race for the White House heats up with less than a month until Election Day, recent data indicates a significant resurgence in digital asset investments. Total inflows have jumped to an impressive $2.2 billion, showcasing a renewed confidence among investors. This influx represents the highest level recorded since July and aligns with growing
On October 21, a remarkable development unfolded in the cryptocurrency landscape as investors flocked to BlackRock’s iShares Bitcoin Trust (IBIT), purchasing approximately 4,869 BTC valued at $329 million. This surge in investments occurred despite an overall retreat in the cryptocurrency market, demonstrating a keen interest among investors for Bitcoin amidst competing spot Bitcoin exchange-traded funds
In a startling turn of events, the FBI has apprehended Eric Council, a 25-year-old man accused of orchestrating an elaborate scheme involving the fraudulent announcement of Bitcoin exchange-traded funds (ETFs). This incident sheds light on the vulnerabilities within the realm of digital security and the profound impact that misinformation can hold over the cryptocurrency market.
In the ever-evolving world of cryptocurrency, few phenomena have captured the public’s imagination quite like Dogecoin (DOGE). Born as an internet joke featuring a Shiba Inu, this meme-inspired currency has surged in popularity, particularly in recent months, fueled in part by Elon Musk’s enthusiastic endorsements. As we consider the potential trajectory of Dogecoin, particularly amidst
In recent months, Bitget has made headlines with the astonishing news that its native wallet has surpassed 40 million users, doubling its user base since March 2024. This explosive growth highlights the platform’s aggressive expansion and puts it firmly in the running against giants like Binance, with Bitget now ranking as the second most downloaded
The recent surge in spot Bitcoin exchange-traded funds (ETFs) has marked a pivotal week in the investment world, with these financial products welcoming over $2 billion in net inflows. This marks the highest five-day trading period since mid-March, indicative of a growing appetite for Bitcoin assets among investors. Eleven US-based spot Bitcoin ETFs were particularly
In a stunning revelation, the Hong Kong Police Force (HKPF) has made significant strides against a massive fraudulent operation that exploited cutting-edge technology to ensnare unsuspecting individuals in the world of cryptocurrency. The police uncovered a sophisticated scheme that leveraged deep fake technology to create fake identities, specifically targeting men through fabricated online romantic relationships.
In the dynamic world of cryptocurrency, Bitcoin has recently shown resilience, achieving a notable peak of $69,000 for the first time since late July. This celebratory moment, however, was fleeting as the asset experienced a minor retracement, yet it has firmly established itself above the critical threshold of $68,000. This performance has captivated investors and
In recent weeks, Bitcoin has exhibited notable stability, particularly over the weekend, remaining comfortably above the $68,000 threshold. This familiar pattern of subdued price action during the weekend is not uncommon, as traders often hesitate to initiate significant movements when markets are quieter. Despite the relatively calm Bitcoin scene, alternative cryptocurrencies, or altcoins, have experienced