Cryptocurrency News

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  KuCoin Referral Code: QBSSSPH1 - Claim Exclusive Welcome Offer for New Users

  Technology

  When you sign up for KuCoin, use the referral code QBSSSPH1. This could get you a 40% discount on trade fees and a welcome gift pack worth up to $8,200 USDT.

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  Cryptocurrency Investment Fraud: Two Arrested for Duping Several Investors in Odisha and Maharashtra

  India

  The Odisha Police's Economic Offences Wing (EOW) has arrested two "fraudsters" for duping several investors in Odisha and Maharashtra on the pretext of high returns through investments in cryptocurrency, an official said on Monday.

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  Ahmedabad Shocker: Boss Thrashes Employee for Taking a Day’s Leave From Office, Complaint Registered

  India

  A 29-year-old employee of a cryptocurrency trading firm and his brother were allegedly assaulted by the firm's boss and two aides on Tuesday over a dispute regarding a day's leave. The incident took place at the firm located on Sindhu Bhavan Road.

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  Crypto Fraud: MBA Student in Nagpur Promised Lucrative Returns in Cryptocurrency Investments by 'Advisor' on Telegram, Loses Rs 23 Lakh

  Agency News

  A fraudster, posing as an investment advisor, approached the student via Telegram messaging platform on November 17, 2023, an official from Wathoda police station said on Tuesday.

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  Cryptocurrency Investment Fraud: Two Arrested for Duping Several Investors in Odisha and Maharashtra

  India

  The Odisha Police's Economic Offences Wing (EOW) has arrested two "fraudsters" for duping several investors in Odisha and Maharashtra on the pretext of high returns through investments in cryptocurrency, an official said on Monday.

• 

  Ahmedabad Shocker: Boss Thrashes Employee for Taking a Day’s Leave From Office, Complaint Registered

  India

  A 29-year-old employee of a cryptocurrency trading firm and his brother were allegedly assaulted by the firm's boss and two aides on Tuesday over a dispute regarding a day's leave. The incident took place at the firm located on Sindhu Bhavan Road.

• 

  Crypto Fraud: MBA Student in Nagpur Promised Lucrative Returns in Cryptocurrency Investments by 'Advisor' on Telegram, Loses Rs 23 Lakh

  Agency News

  A fraudster, posing as an investment advisor, approached the student via Telegram messaging platform on November 17, 2023, an official from Wathoda police station said on Tuesday.

• 

  Cryptocurrency Scam in Ahmedabad: Vejalpur Resident Duped of Rs 29.90 Lakh by Fraudster on Pretext of Investment in Crypto, Case Registered

  India

  Fadia also said that between October 26 and December 21, he invested a total of Rs 29.90 lakh. However, Fadia realised he was cheated when he was asked to pay an additional Rs 18.64 lakh as a tax amount.

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  FTX Collapse: Sam Bankman-Fried, Crypto Entrepreneur, Sentenced to 25 Years in Prison for Massive Fraud

  Agency News

  Bankman-Fried, 32, was convicted in November of fraud and conspiracy — a dramatic fall from a crest of success that included a Super Bowl advertisement and celebrity endorsements from stars like quarterback Tom Brady, basketball star Stephen Curry and comedian Larry David.

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  Artificial Intelligence in Crypto, Investors Showing Interest for Cryptocurrencies Associated With AI-Driven Projects

  Technology

  AI has become popular in the world of finance, particularly within the field of cryptocurrency. Investors showing interest in cryptocurrencies associated with AI projects and have witnessed AI crypto tokens outperform even Bitcoin.

• Cryptocurrency Scam in Ahmedabad: Vejalpur Resident Duped of Rs 29.90 Lakh by Fraudster on Pretext of Investment in Crypto, Case Registered

  India

  Fadia also said that between October 26 and December 21, he invested a total of Rs 29.90 lakh. However, Fadia realised he was cheated when he was asked to pay an additional Rs 18.64 lakh as a tax amount.

• 

  FTX Collapse: Sam Bankman-Fried, Crypto Entrepreneur, Sentenced to 25 Years in Prison for Massive Fraud

  Agency News

  Bankman-Fried, 32, was convicted in November of fraud and conspiracy — a dramatic fall from a crest of success that included a Super Bowl advertisement and celebrity endorsements from stars like quarterback Tom Brady, basketball star Stephen Curry and comedian Larry David.

• 

  Artificial Intelligence in Crypto, Investors Showing Interest for Cryptocurrencies Associated With AI-Driven Projects

  Technology

  AI has become popular in the world of finance, particularly within the field of cryptocurrency. Investors showing interest in cryptocurrencies associated with AI projects and have witnessed AI crypto tokens outperform even Bitcoin.

• 

  FTX Scam: Prosecutors Seek from 40 to 50 Years in Prison for Sam Bankman-Fried for Cryptocurrency Fraud

  Agency News

  FTX founder Sam Bankman-Fried's orchestration of one of history's largest financial frauds in his quest to dominate the cryptocurrency world deserves a prison sentence of 40 to 50 years, federal prosecutors on Friday told a federal judge.

• 

  Cryptocurrency: Bitcoin Crosses ‘USD 57,000’ for First Time Since 2021

  Technology

  Bitcoin on Tuesday morning traded above $57,000 after briefly touching $57,430 -- running further up against its late 2021 levels. The world's largest cryptocurrency jumped nearly 11 per cent over the last 24 hours, according to CoinDesk data, the Investor’s Business Daily reported.

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  Cryptocurrency Romance Scam in US: Indian Woman Techie Loses Life Savings, Retirement Funds to Con Artist She Met Online in Philadelphia

  

  FTX Scam: Prosecutors Seek from 40 to 50 Years in Prison for Sam Bankman-Fried for Cryptocurrency Fraud

  Agency News

  FTX founder Sam Bankman-Fried's orchestration of one of history's largest financial frauds in his quest to dominate the cryptocurrency world deserves a prison sentence of 40 to 50 years, federal prosecutors on Friday told a federal judge.

• 

  Cryptocurrency: Bitcoin Crosses ‘USD 57,000’ for First Time Since 2021

  Technology

  Bitcoin on Tuesday morning traded above $57,000 after briefly touching $57,430 -- running further up against its late 2021 levels. The world's largest cryptocurrency jumped nearly 11 per cent over the last 24 hours, according to CoinDesk data, the Investor’s Business Daily reported.

• 

  Cryptocurrency Romance Scam in US: Indian Woman Techie Loses Life Savings, Retirement Funds to Con Artist She Met Online in Philadelphia

  World

  Datta met "Ancel," a French wine salesman residing in Philadelphia, United States, on the dating app Hinge last January, as many victims have done. The conversation immediately shifted to WhatsApp, during which Datta claimed to have been "charisma bombed".

• 

  What Will SEC's Game-Changing Approval of Spot Bitcoin ETFs Bring to the Crypto Ecosystem?

  The cryptocurrency ecosystem is gaining widespread acceptance. With the largest and most trusted ETF names in the world receiving approval from the Securities and Exchange Commission, investors should feel comfortable that the investment is safe and protected.

• 

  Terraform Labs, Singapore-Based Crypto Blockchain Company Files for Bankruptcy in US Following Collapse of Its Cryptocurrencies in 2022

  Technology

  Terraform Labs has now confirmed its Chapter 11 bankruptcy protection filing, saying it is “a strategic step that will enable it to continue its operations and support litigation pending in Singapore and US litigation involving the Securities and Exchange Commission.”

• 

  Bitcoin Approval in US: Spot Bitcoin ETFs To Follow Footsteps of Gold ETFs in Long Run, Say Experts

  Technology

  “We believe that the approval of Spot Bitcoin ETFs will not only enhance accessibility for investors but also contribute to the establishment of a more robust and regulated crypto market, aligning with our vision for a thriving web3 economy,” he added.

• 

  Bitcoin Approval News: US Securities and Exchange Commission Finally Approves First Ever ‘Bitcoin Exchange-Traded Product’ Shares

  Technology

  For the last 10 years, the SEC denied all attempts to create a Bitcoin ETF. Gensler said that the decision should in no way signal the Commission'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" class="lazyload" data-src="https://st1.latestly.com/wp-content/uploads/2024/01/Bitcoin-380x214.jpg#in-large#380#214">

  What Will SEC's Game-Changing Approval of Spot Bitcoin ETFs Bring to the Crypto Ecosystem?

  The cryptocurrency ecosystem is gaining widespread acceptance. With the largest and most trusted ETF names in the world receiving approval from the Securities and Exchange Commission, investors should feel comfortable that the investment is safe and protected.

• 

  Terraform Labs, Singapore-Based Crypto Blockchain Company Files for Bankruptcy in US Following Collapse of Its Cryptocurrencies in 2022

  Technology

  Terraform Labs has now confirmed its Chapter 11 bankruptcy protection filing, saying it is “a strategic step that will enable it to continue its operations and support litigation pending in Singapore and US litigation involving the Securities and Exchange Commission.”

• 

  Bitcoin Approval in US: Spot Bitcoin ETFs To Follow Footsteps of Gold ETFs in Long Run, Say Experts

  Technology

  “We believe that the approval of Spot Bitcoin ETFs will not only enhance accessibility for investors but also contribute to the establishment of a more robust and regulated crypto market, aligning with our vision for a thriving web3 economy,” he added.

• 

  Bitcoin Approval News: US Securities and Exchange Commission Finally Approves First Ever ‘Bitcoin Exchange-Traded Product’ Shares

  Technology

  For the last 10 years, the SEC denied all attempts to create a Bitcoin ETF. Gensler said that the decision should in no way signal the Commission's willingness to approve listing standards for crypto asset securities.

• 

  Crypto Phishing Scam: Cryptocurrency Malware ‘Wallet Drainers’ Steals USD 295 Million Cryptocurrency From 324,000 Users in 2023, Says Report

  Technology

  According to the security platform Scam Sniffer, scammers stole almost $7 million on March 11 alone in the past year. Most of it was due to fluctuations in USDC rates, as victims encountered phishing websites impersonating circle.

• 

  Crypto Theft Declines: Hackers Stole Nearly USD 2 Billion in 2023, Down From Previous Year’s USD 3.8 Billion Peak: Report

  Technology

  According to De.FI, the Web3 security firm that runs the REKT database, the $2 billion in crypto hacking this year, “though dispersed across various incidents, underscores the persistent vulnerabilities and challenges within the DeFi ecosystem”.

• 

  Bitcoin Approval News: US Securities and Exchange Commission Finally Approves First Ever ‘Bitcoin Exchange-Traded Product’ Shares

  Technology

  For the last 10 years, the SEC denied all attempts to create a Bitcoin ETF. Gensler said that the decision should in no way signal the Commission's willingness to approve listing standards for crypto asset securities.

• 

  Crypto Phishing Scam: Cryptocurrency Malware ‘Wallet Drainers’ Steals USD 295 Million Cryptocurrency From 324,000 Users in 2023, Says Report

  Technology

  According to the security platform Scam Sniffer, scammers stole almost $7 million on March 11 alone in the past year. Most of it was due to fluctuations in USDC rates, as victims encountered phishing websites impersonating circle.

• 

  Crypto Theft Declines: Hackers Stole Nearly USD 2 Billion in 2023, Down From Previous Year’s USD 3.8 Billion Peak: Report

  Technology

  According to De.FI, the Web3 security firm that runs the REKT database, the $2 billion in crypto hacking this year, “though dispersed across various incidents, underscores the persistent vulnerabilities and challenges within the DeFi ecosystem”.

• 

  Decoding Anti-Money Laundering (AML) and Its Role in Preventing Financial Crimes

  Unfortunately, the world of cryptocurrency has become a prime target for money laundering, given its structural difficulty in tracing the source and participants of crypto transactions on a global scale.

• 

  Exploring The Basics of Cryptocurrency ETFs

  The value of the ETF market varies in line with the importance of the cryptocurrencies it follows. The APs do arbitration to stabilise the ETF valuation and stop it from skewing in undesirable ways. Here, APs have two choices: they sell the appropriate cryptocurrencies to reduce their losses or buy more cryptocurrency to create ETF shares.

• 

  Bitcoin Miners Witness Massive 400% Growth in Transaction Revenue in 2023, Transaction Fees Averaged About USD 2 Billion: Report

  Technology

  Bitcoin miners earned more than $44 million in block rewards even as mining difficulty increased by 3.55 per cent to an all-time high. Messari, a leading provider of crypto market intelligence products, posted that BTC miners attracted significant venture capital investment in November.

• 

  Decoding Anti-Money Laundering (AML) and Its Role in Preventing Financial Crimes

  Unfortunately, the world of cryptocurrency has become a prime target for money laundering, given its structural difficulty in tracing the source and participants of crypto transactions on a global scale.

• 

  Exploring The Basics of Cryptocurrency ETFs

  The value of the ETF market varies in line with the importance of the cryptocurrencies it follows. The APs do arbitration to stabilise the ETF valuation and stop it from skewing in undesirable ways. Here, APs have two choices: they sell the appropriate cryptocurrencies to reduce their losses or buy more cryptocurrency to create ETF shares.

• 

  Bitcoin Miners Witness Massive 400% Growth in Transaction Revenue in 2023, Transaction Fees Averaged About USD 2 Billion: Report

  Technology

  Bitcoin miners earned more than $44 million in block rewards even as mining difficulty increased by 3.55 per cent to an all-time high. Messari, a leading provider of crypto market intelligence products, posted that BTC miners attracted significant venture capital investment in November.

• 

  MS Drainer: Scammers Use Google, X Ads To Steal USD 59 Million in Crypto From 63,000 Victims, Says Report

  Technology

  Wallet drainers are blockchain technologies that enable scammers to transfer cryptocurrency from a victim to the attacker without the victim's knowledge, typically by manipulating the token approval process.