Tag Archives: News

In a daring and sophisticated scheme, a Moscow bank employee has been arrested after allegedly stealing $1.8 million from a client’s safety deposit box and converting the stolen funds into cryptocurrency. This crime highlights the growing concerns over the intersection of traditional banking and digital currencies, as well as the increasing risks of crypto being used in illicit activities. The …

In a surprising and pivotal ruling, a Texas court has overturned the U.S. Treasury Department’s sanctions on Tornado Cash, the privacy-focused cryptocurrency mixing service. This decision marks a significant shift in the ongoing battle between privacy advocates and regulatory bodies, especially as the crypto space continues to grow in influence. Background: Tornado Cash, a decentralized mixing service that helps users …

A recent report by blockchain analytics firm Chainalysis has revealed that the meme coins inspired by former U.S. President Donald Trump and the First Lady are overwhelmingly controlled by crypto whales. The study found that a small number of large holders dominate the trading volume and ownership of these tokens, raising concerns about market manipulation and liquidity. The Rise of …

Leading South Korean cryptocurrency exchanges Upbit and Bithumb have agreed to compensate customers with a combined payout of $2.4 million following a major service disruption known as the ‘Martial Law Blackout.’ This compensation aims to address the financial losses incurred by users during the unexpected outage. The Blackout Incident The service disruption, which occurred during a period of heightened market …

Coinbase CEO Brian Armstrong has announced that the Solana (SOL) network backlog has been successfully resolved, paving the way for enhanced support on the platform. The cryptocurrency exchange giant is now planning to introduce Tier-1 support for SOL, signaling increased confidence in the blockchain’s performance and reliability. Solana’s Backlog Issue Resolved Solana, known for its high-speed transactions and low fees, …

Crypto.com, a leading cryptocurrency exchange and financial services platform, has announced the launch of its US-based institutional trading platform. This strategic move aims to bridge the gap between institutional and retail investors, offering enhanced liquidity, security, and efficiency for all users. Expanding Horizons in the US Market With the launch of its institutional trading platform, Crypto.com is signaling a significant …

In a bid to combat rising concerns over cryptocurrency-related fraud, North Dakota lawmakers have introduced a new bill aimed at limiting transactions conducted via crypto ATMs. This proposed legislation seeks to tighten regulations around digital currency access and prevent the growing number of scams and fraudulent activities that have plagued users of these machines. If passed, the bill will introduce …

In a surprising and controversial move, former President Donald Trump has granted an unconditional pardon to Ross Ulbricht, the founder of the infamous Silk Road dark web marketplace. Ulbricht, who was convicted in 2015 for his role in creating the online platform that facilitated illegal transactions, has now been freed after serving several years of a double life sentence. This …

Goldman Sachs CEO David Solomon has raised concerns about the future of Bitcoin as a challenger to the U.S. dollar, dismissing the idea that the leading cryptocurrency could ever replace the greenback in global finance. In a recent interview, Solomon acknowledged Bitcoin’s growing popularity but emphasized that its volatility, regulatory challenges, and limited use cases would prevent it from rivaling …

ज़ोरको की सफलता की कहानी: महामारी के दौरान अमृत और आनंद नाहर द्वारा स्थापित की गई कंपनी, ज़ोरको सूरत के एक छोटे से रेस्तराँ से बढ़कर 100 करोड़ रुपये की शाकाहारी फ़ास्ट-फ़ूड श्रृंखला बन गई, जिसके पूरे भारत में 250 से ज़्यादा आउटलेट हैं, मीडिया रिपोर्ट्स के अनुसार, फ़्रैंचाइज़ी मॉडल और शार्क टैंक की प्रसिद्धि का लाभ उठाते हुए। भारत …