DOWNLOAD IPFS In a remarkable development within the cryptocurrency world, Satoshi Nakamoto, the pseudonymous creator of Bitcoin, has officially become the 12th richest person globally, as per recent estimates. The dramatic rise in Bitcoin’s value has catapulted Nakamoto’s fortune to over $129 billion, according to blockchain analytics platform Arkham Intelligence.[Read More…]

DOWNLOAD IPFS Two individuals have been arrested in Indore in connection with a cryptocurrency investment fraud involving ₹1.35 crore. The accused allegedly lured multiple investors with promises of exorbitant returns through a company registered in Bengaluru. According to the Indore Crime Branch, the arrested suspects are Abhishek Kumar Mahto, founder[Read More…]

DOWNLOAD IPFS Authorities have arrested the director of a Bareilly-based company for allegedly leasing out his firm’s bank account to cybercriminals involved in a sophisticated cryptocurrency-linked money laundering operation. The scam, which spanned multiple states, resulted in the illegal transfer of approximately ₹3.2 crore, later converted into USDT (Tether) and[Read More…]

DOWNLOAD IPFS CoinDCX, one of India’s largest cryptocurrency exchanges, has confirmed a security breach involving one of its internal operations accounts, following the detection of unusual transactions earlier this week. The exchange has assured users that all customer funds remain secure and unaffected. The incident came to light after CoinDCX’s[Read More…]

DOWNLOAD IPFS The Delhi High Court on Monday rejected the bail plea of Umesh Verma, a prime accused in the high-profile cryptocurrency fraud case linked to Pluto Exchange, citing the economic threat posed by such offenses and the accused’s history of fraudulent activity. Verma, who was arrested for allegedly orchestrating[Read More…]

DOWNLOAD IPFS In a major step toward safeguarding national tax interests in the age of digital assets, India is set to adopt the Crypto-Asset Reporting Framework (CARF), a global reporting standard aimed at increasing transparency in cryptocurrency transactions. The move will be implemented through an amendment to the Income Tax[Read More…]

DOWNLOAD IPFS In a move that could reshape the U.S. housing and mortgage industry, the Federal Housing Finance Agency (FHFA) is reviewing proposals that may allow regulated cryptocurrency holdings, like Bitcoin, to count as assets for mortgage applications. This could mark a significant step in integrating digital assets into the[Read More…]

DOWNLOAD IPFS Bitcoin and Ether posted gains on Thursday following the U.S. Congress’ approval of the GENIUS Act, a first-of-its-kind legislation providing a federal regulatory framework for stablecoins. The bill, aimed at increasing oversight and consumer protection in the rapidly expanding digital currency market, is now awaiting President Trump’s signature.[Read More…]

DOWNLOAD IPFS PFMCrypto has launched what it claims is the world’s first cloud-based mining service for XRP, featuring AI-optimized daily payouts. This new offering enables users to mine XRP and other assets like Bitcoin, Ethereum, Dogecoin, and USDC without owning mining hardware or requiring technical expertise. The platform is available[Read More…]

DOWNLOAD IPFS A former semi-professional rugby player has been sentenced to 30 months in federal prison for running a $900,000 cryptocurrency mining Ponzi scheme that defrauded more than 40 investors across several states. Shane Donovan Moore, 37, of Seattle, operated the fraudulent scheme from January 2021 to October 2022 under[Read More…]