Business Sandesh

Jump Crypto’s Tai Mo Shan Faces $123 Million Settlement Over TerraUSD Manipulation

In a major development, Tai Mo Shan, a subsidiary of Jump Crypto, has agreed to pay a hefty $123 million to settle charges brought by the U.S. Securities and Exchange Commission (SEC) over its involvement in the manipulation of TerraUSD (UST), a stablecoin that collapsed in 2022. This settlement marks a significant moment in the ongoing regulatory scrutiny of the …

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Bitcoin’s Struggles Continue: Market Expert Foresees More Pain After Recent Loss

Bitcoin, the world’s leading cryptocurrency, has recently experienced its biggest drop since August, raising concerns among investors. The price of Bitcoin has taken a sharp downturn, and market experts are warning that further losses could be on the horizon. Here’s what you need to know about the current market dynamics and the outlook for Bitcoin in the coming months. Bitcoin’s …

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The Bitcoin Proxy That’s Dominating 2024: MicroStrategy’s 400% Stock Surge Explained

MicroStrategy, a leading business intelligence firm, has seen an astounding 400% surge in its stock price this year, a remarkable rise that has captured the attention of both investors and analysts alike. But what’s behind this meteoric rise? The answer lies in the company’s strategic embrace of Bitcoin as a key asset on its balance sheet. Here’s what you need …

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डाइट के चक्कर में न करें इन चीजों से परहेज, वरना बढ़ेंगी मुश्किलें!

अक्सर लोग वजन कम करने या स्वस्थ रहने के चक्कर में कुछ खाद्य पदार्थों से पूरी तरह परहेज कर लेते हैं। लेकिन क्या आप जानते हैं कि कुछ खाद्य पदार्थों का सेवन कम करना जरूरी है, लेकिन पूरी तरह से त्याग देना सेहत के लिए हानिकारक हो सकता है? आइए जानते हैं उन खाद्य पदार्थों के बारे में जिनसे हमें …

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Sol Strategies Boosts Validator Network with $6.5M Deal, $400M Staked for 9% APY

In a significant move to solidify its position in the blockchain ecosystem, Sol Strategies has announced a $6.5 million deal to acquire three additional validators for the Solana network. This strategic acquisition underscores the company’s commitment to enhancing the decentralization and security of the Solana blockchain while optimizing staking opportunities for investors. With $400 million worth of Solana already staked, …

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Interpol Issues Red Notice for Hex Founder Amid Tax Fraud and Assault Scandal

In a dramatic turn of events, Interpol has issued a Red Notice for the founder of Hex, a controversial cryptocurrency project, citing charges of tax fraud and assault. The global alert puts the crypto founder on the radar of law enforcement agencies worldwide, marking a significant escalation in the legal challenges surrounding the Hex project. This development raises questions about …

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Has Ethereum’s Price Crash Ended? Here’s What Comes Next

Ethereum has recently faced a significant price drop, leaving investors and traders questioning whether the crash is finally over or if further declines are in store. With crypto markets notoriously volatile, Ethereum’s struggles have sparked widespread debate about its short-term and long-term trajectory. As one of the largest cryptocurrencies by market capitalization, its movements often set the tone for the …

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Michael Saylor Backs Trump’s Bold Plan for a Strategic Bitcoin Reserve

In a move that could reshape cryptocurrency policy in the United States, former President Donald Trump has unveiled a bold proposal to create a strategic Bitcoin reserve as part of his economic platform. This unconventional plan has gained the endorsement of MicroStrategy’s Executive Chairman and prominent Bitcoin advocate, Michael Saylor. Known for his outspoken support of Bitcoin, Saylor’s backing adds …

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North Korean Hackers Swipe $1.3 Billion in Crypto, Chainalysis Report Reveals

A new report from blockchain analytics firm Chainalysis has revealed that North Korean hackers have stolen an alarming $1.3 billion in cryptocurrency over the past few years. The findings highlight the growing sophistication and scale of cyberattacks linked to North Korea, which has long been accused of using hacking to fund its government and military initiatives. The stolen crypto assets …

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US Charges Dual Russian-Israeli National in Connection with LockBit Ransomware Group

In a significant blow to global cybersecurity, U.S. authorities have charged a dual Russian-Israeli national for his alleged involvement in the notorious LockBit ransomware group. This high-profile case sheds light on the growing threat posed by cybercriminal organizations operating across borders, and underscores the complexities of holding international cybercriminals accountable. The charges mark a key development in the U.S. government’s …

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