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The Latest Breaking News on Crypto

Crypto Industry Lost $71M To Security Incidents Last Week: Blockchain Security Firm

The crypto sector has been flagged multiple times for being vulnerable to exploits and scams unless strong security measures are in place, and such vulnerability was once again highlighted last week, when hackers and scammers pilfered over $71 million from the emerging industry.

International Business Times

ED seizes Bitcoins worth ₹130.48 crore in international drug trafficking case

The Enforcement Directorate has seized Bitcoins worth ₹130.48 crore following the arrest of one Parvinder Singh on the request from the U.S. authorities in connection with an international criminal syndicate

The Hindu

Overclocker sold a die-less Core i9-14900K in China — product suffered from serious silicon deficiency

One of the world’s leading overclockers has fallen victim to a Chinese CPU scammer. They bought a non-retail packaged Intel Core i9-14900K which was stone dead and felt compelled to investigate further. Delidding the CPU revealed it had no die.

Tom’s Hardware

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ED conducts raids against ‘ponzi mastermind’ Vinod Khute

ED Mumbai raids Ponzi scheme, forex trading platforms, seizing ₹5 Crore assets linked to Vinod Khute's illicit activities

The Hindu

El Salvador Inspired? Jack Dorsey's Block Unveils New Monthly BTC Buying Strategy

A day after the release of a report that alleged Block was being investigated for non-compliance in its Square and Cash App units, the company's founder unveiled a new Bitcoin strategy that will see some of the fintech firm's profits being invested into the digital asset.

International Business Times

Pro-crypto Lawmakers Press Gensler's SEC To Approve Spot Bitcoin ETF Options

Gensler is under pressure to approve the SEC under Chair Gensler to approve spot Bitcoin ETF options trading "without delay" as it was crucial for investors that the SEC has said it wants to protect.

International Business Times

Iran, Russia Collaborate On CBDC, DFA Trade Solutions To Mitigate Sanctions Impact: Official

Iran and Russia are reportedly working on an initiative that should help them mitigate the impact of Western sanctions through CBDCs and DFAs.

International Business Times

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Tether Partners With Chainlysis To Monitor Transactions Amid Mounting Scrutiny

Tether announced it has partnered with Chainalysis for a blockchain monitoring solution that will improve the stablecoin giant's compliance practices, especially in relation to "secondary" market transactions.

International Business Times

Warren Says Iran's 'Increasingly Lucrative' Crypto Mining Industry Used To Evade Sanctions

U.S. senators Warren and King Jr. have once again asked the Biden administration to provide details about the extent of Iran's crypto mining industry, which they said was being used to evade sanctions and fund terrorism.

International Business Times

Senator Blasts DOJ's Stance Over Self-Custody Crypto Wallets

Sen. Lummis, who has called for regulations that do not stunt innovations in the crypto space, on Wednesday called out the Biden administration for criminalizing the "core tenants of the Bitcoin network."

International Business Times

'Nothing Major': Michael Saylor, Other Hodlers Shrug Off Bitcoin $58K Freefall

Bitcoin dropped to $58,000 on Wednesday, and even as newbie crypto traders and BTC non-believers plant FUD in the minds of other holders, the "hodlers" are displaying a serious sense of unity.

International Business Times

EXCLUSIVE: Top Base Memecoin $BRETT Nears $500M Market Cap, Remains Bullish For 2024

$BRETT remains the largest memecoin on Base even with the decline of some leading tokens, and the team behind it has a bullish growth picture for the rest of the year.

International Business Times

CBI searches over 30 locations across 10 States/UTs in HPZ Token app case

CBI conducts searches in 10 states for HPZ Token app scam, leading to seizure of assets; ED freezes ₹176.67 crore.

The Hindu

At 3-0 to the Brilos, the boardroom pay game has changed for ever

As Smith & Nephew is ‘British in listing only’ investors have been persuaded the CEO should be remunerated accordingly

The Guardian - UK

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International Business Times

Crypto Users Demand SEC, Chair Accountability Over 'Misleading' ETH Stance; Congress Sets Hearing

Under increasing pressure over the revelation that Gensler's SEC had viewed Ether as a security before it refused to answer Congress regarding the matter, the House Committee on Financial Services has scheduled a hearing on SEC enforcement next week.

International Business Times

Bitcoiners Blast Peter Schiff For Comment On Michael Saylor's Post Amid BTC Dip

Several followers of Bitcoin maximalist Michael Saylor are not pleased that gold advocate Peter Schiff made a sarcastic comment on their crypto hero's post, with some saying the stockbroker should wait for the day when Bitcoin reaches stellar prices as gold has.

International Business Times

Coal Miner Utilizes Excess Power For Bitcoin Mining, Now Holds 425 BTC

An Oklahoma-based coal miner started mining Bitcoin in the second half of 2020 as a "pilot project," and now it holds 425 BTC – mined from the company's "excess" energy.

International Business Times

Ex-Binance Chief Jailed For Four Months In US

The founder of cryptocurrency firm Binance was sentenced to four months in US prison on Tuesday after pleading guilty to money laundering charges, in the most high-profile crypto case since Sam Bankman-Fried was jailed.

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The Guardian - US

Binance founder sentenced to four months for money laundering

Changpeng Zhao pleaded guilty and stepped down as CEO of the crypto trading company last year

The Guardian - UK

It’s Mark Zuckerberg as we’ve never seen him! But what’s really behind the new look?

With his interchangeable T-shirts and short neat hair, Facebook’s founder famously ‘never tried to be cool’. Is his makeover just a distraction from what’s going on at Meta, asks Arwa Mahdawi

International Business Times

Changpeng Zhao, The 'Normal Guy' Who Conquered Crypto

During his time at the helm of the world's biggest cryptocurrency firm, former Binance boss Changpeng Zhao, who will be sentenced in the United States later Tuesday for money laundering, perfected the humble executive look.

The Guardian - UK

Binance founder faces possible three-year jail term over ‘wild west’ business model

Changpeng Zhao pleaded guilty to money laundering charges

International Business Times

Stripe Snaps 6-Year Crypto Break, Announces USDC Stablecoin Support In Summer

Stripe has returned to the cryptocurrency space six years since it terminated support for Bitcoin payments, but this time, it is jumping back in through the expanding stablecoin market, starting off with the USDC.

International Business Times

SEC Expected To Reject Spot ETH ETFs After Discouraging Meetings With Applicants

The SEC is expected to reject spot Ether ETF applications next month, following recent meetings wherein the regulator's staff reportedly did not proactively engage with applicants.

International Business Times

An Astonishing 75% Of People In Crypto Skeptic Nigeria 'Trust' Bitcoin: Survey

In a country that has singled out crypto exchange giant Binance in its industry crackdown, more than half of the people actually trust the top digital asset Bitcoin for their financial transactions, a new survey found.

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