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The Latest Breaking News from Crypto

Closing off-chain fund transfers with WazirX: Binance

Effective from August 11, Binance will cease to support off-chain fund transfers between WazirX exchange and Binance via the "Login with Binance" option after the Enforcement Directorate froze ₹64.67 crore worth bank deposits of WazirX

The Hindu

Singapore-based crypto lender Hodlnaut suspends withdrawals

HONG KONG: Hodlnaut, a Singapore-based crypto currency lender and borrower, has suspended withdrawals, swaps and deposits, the company said on Monday, the latest sign of stress in the cryptocurrency industry.

Bangkok Post

Zipmex to ease some bitcoin, ether withdrawals after altcoins

Asia crypto exchange Zipmex Pte will allow users to partially withdraw Bitcoin and Ether from their trading accounts starting later this week, providing some relief to those caught by the recent meltdown in the digital asset market.

Bangkok Post

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Who Owns WazirX? Founder And Binance CEO Disagree Amid Money Laundering Probe

A day after the Indian Enforcement Directorate (ED) froze assets worth $8.1 million of cryptocurrency exchange firm WazirX as part of a money laundering probe, a Twitter war has broken out between the exchange’s founder Nischal She

Benzinga

Indian Law Agency Freezes $8.1 Million Of WazirX Funds As Part Of Anti-Money Laundering Probe

The Enforcement Directorate (ED), tasked by the Indian government to probe major financial crimes, announced Friday it had frozen assets worth $8.1 million of cryptocurrency exchange WazirX as part of an investigatio

Benzinga

If You Invested $1,000 When Jim Cramer Sent This Tweet About Coinbase, Here's How Much You'd Have Now

Coinbase Inc (NASDAQ: COIN) is an option for anyone wishing to start investing in cryptocurrencies since it offers a user-friendly interface, instructional resources and robust security features. Yet some investors might be hesitant to put their money in the company's stock.

Benzinga

A Look At Bitcoin Heading Into The Weekend: Will Dogecoin, Ethereum Be Affected?

Bitcoin (CRYPTO: BTC) was trading mostly flag during Friday’s 24-hour trading session after attempting to break up bullishly from a falling channel pattern on the daily chart, which the crypto has been stuck in since July 29.

Benzinga

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Meet The Company Streamlining Crypto Risk Compliance For Exchanges

This article is the first in our Fintech& series, leading up to Boston Fintech Week, which will take place from Sept. 27-29.

Benzinga

An Unlikely Match - What's Moving Crypto

Happy Friday Everyone! 👋 With the Merge approaching, Ethereum (CRYPTO: ETH) Name Service saw 378,000 new domain registrations last month. There are now over 1.8 million .eth addresses owned.

Benzinga

3 Risky Crypto Stocks Investors Should Avoid

Bitcoin, the largest cryptocurrency, has been trading in a tight range due to the volatile economic backdrop. Moreover, with a disappointing global growth forecast, the crypto market might be bracing for more volatility. Amid this backdrop, we think crypto stocks Block, Inc. (SQ), Silvergate Capital (SI), and MicroStrategy (MSTR) might…

StockNews.com

Why Competition Between NFT Marketplaces Is Good News

While crypto is in a bear market the one sector that has weathered the storm relatively well is NFTs. A new report estimates the global NFT market will be worth $231 billion by 2030, growing at a compounded growth rate of 33.7% over the next eight years.

Benzinga

ED freezes over Rs 64 crore bank deposits of crypto exchange WazirX

NEW DELHI: The Enforcement Directorate (ED) on Friday said it has frozen bank deposits of Rs 64.67 crore as part of a money laundering probe against crypto currency exchange WazirX.

The Times of India

ED issues order to freeze ₹64.67 crore linked to WazirX

“The lax KYC norms, loose regulatory control of transactions between WazirX and Binance, non-recording of transactions on block chains to save costs and non-recording of the KYC of the opposite wallets has ensured that WazirX is not able to give any account for the missing crypto assets,” the ED alleged…

The Hindu

Dogecoin Daily: Price On The Move Up, Elon Musk Discusses The Meme Coin In Podcast Appearance

Dogecoin (CRYPTO: DOGE) traded 1.5% higher at $0.07 over 24 hours leading up to early Friday morning after Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk mentioned the meme coin on a podcast.

Benzinga

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Businessweek

Crypto Companies Are Spending $2.4 Billion on Sports Sponsorships

Crypto.com, Coinbase, and FTX are moving aggressively to match the marketing muscle of carmakers, beer brands, and other big-money advertisers.

Benzinga

'Crypto Is Dead?' Analyst Says Doom Calls Are Overdone As Bitcoin, Ethereum, Dogecoin Hold It Together

Most major coins traded lower Thursday evening as the global cryptocurrency market cap declined 1.2% to $1.06 trillion at press time.

Benzinga

Celsius Seeks To Rehire CFO At $93,000 A Month, Customers — Not Surprisingly — Object

Bankrupt crypto lending platform Celsius has sought a judge's permission to reinstate the company’s former CFO Rod Bolger and pay him $93,000 each month over a minimum of six weeks.

Evening Standard

What is an NFT and why would you invest in one?

Award-winning artist Trevor Jones is giving away a free coronation NFT to Evening Standard readers. Here’s all you need to know.

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Benzinga

Dogecoin Daily: Price Flips Yet Again, Foundation Director Says Stop Investing In Meme Coin As A 'Speculative Asset'

Dogecoin (CRYPTO: DOGE) traded 0.8% lower at $0.07 in the early hours of Thursday morning. DOGE traded flat along with other major coins as the global cryptocurrency market cap inched down 0.3% to $1.07 trillion.

Daily Mirror

Down the pan: PLC Ultima plugger Des Amey scarpers to the toilet when confronted by the Mirror

Cryptocurrency PLCu price has plummeted around 90% but investors are still being recruited

Benzinga

Bitcoin Resilient Despite Solana, Nomad Hacks: Top Crypto Attracting 'Smart Money' Again, Says Analyst

Bitcoin and Ethereum traded higher on Wednesday evening as the global cryptocurrency market cap rose 1.8% to $1.07 trillion at press time.

Input

Hackers targeting Solana steal millions of dollars worth of crypto tokens

At least $5 million worth of USDC, SOL, and other tokens were drained from thousands of user wallets, while the culprits remain at large.

Benzinga

Why Qonetum Finance Foundation's Hybrid Decentralized Funding Platform Launch Is Important To Crypto

Qonetum Finance Foundation announced on Wednesday the launch of Post Dex Offerings, a decentralized fundraising model for existing crypto projects, creating a hybrid fundraising, strategic staking and liquidity mining alternative solution.

The Guardian - UK

Hacking attack drains £5m from 8,000 wallets linked to Solana crypto network

Solana Foundation, supporter of blockchain network, says ‘malicious actor’ has taken funds

ABC News

Australian investors left with nothing as cryptocurrency giant Celsius goes bankrupt

Australians describe their utter despair in letters to a New York bankruptcy court after cryptocurrency lender Celsius Network froze their withdrawals.

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