Cryptocurrency

CoinDesk Indices and SGX Indices launch iEdge CoinDesk Cryptocurrency Indices

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CoinDesk Indices announced, in partnership with SGX Indices, the launch of the iEdge CoinDesk Cryptocurrency Indices, a suite of regulated digital asset benchmarks designed to support institutional market participants with robust, transparent data infrastructure. The new indices include real-time benchmarks and reference rates for Bitcoin and Ethereum, compliant with EU Benchmarks Regulation (EU BMR). These … Read more

Grand Jury Charges Pastor, Wife in Alleged Multi-Million Dollar Cryptocurrency Scam

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A Denver grand jury has indicted a married couple on 40 counts of theft, fraud and deceit, for allegedly operating a multi-million-dollar cryptocurrency scam that mostly targeted churches, the Denver District Attorney announced in a press release on Tuesday. Between 2022 and July 2023, Eli Regalado, who is also a pastor who preaches at the … Read more

Crypto Hacks Reportedly Led to $176 Million in Losses in June; Analytics Firm Flags Over 20 Cryptocurrency Hacks

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Over 20 cryptocurrency hacking attacks led to a loss of $176 million (roughly Rs. XXX) in the month of June 2024, according to an analytics firm. This year, the crypto market saw some signs of revival after the US SEC approved BTC and ETH ETFs in January. In the subsequent months, the crypto sector valuation … Read more

US Charges Three Firms, 15 People With Cryptocurrency Fraud

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Three cryptocurrency companies and 15 people have been charged with engaging in widespread fraud and market manipulation following an investigation in which the FBI for the first time directed the creation of a new digital token to help authorities ferret out crime. Federal prosecutors in Boston charged the firms Gotbit, ZM Quant, CLS Global and … Read more

Cryptocurrency Mixer Bitcoin Fog Convicted of Crypto Money Laundering

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The founder of a cryptocurrency mixing service known as Bitcoin Fog was convicted in Washington federal court of helping to launder tens of millions of dollars from darknet markets known for selling illegal drugs. A jury on Tuesday concluded Roman Sterlingov, 35, provided a service that jumbled digital tokens to make it more difficult to … Read more

Russia Approves Tax Bill on Cryptocurrency Transactions Amid BTC Boom: Details

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President Vladimir Putin’s government is swiftly moving to regulate the crypto sector amid Bitcoin’s historic boom. In a recent development, the Federation Council, Russia’s Upper House of Parliament, approved a bill outlining the taxation framework for crypto assets. Putin has long sought to reduce Russia’s reliance on the US dollar for international transactions, and tools … Read more

Thailand Reportedly Plans to Test Cryptocurrency Payment Options for Tourists

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Thailand is exploring new payment-related policies that are aimed at making it a more appealing destination for visitors, according to users. This week, the country’s Deputy Prime Minister and Finance Minister Pichai Chunhavajira said crypto will soon be tested as an alternative payment option to cash for the convenience of the tourists. Local publication Nation … Read more

Dark Web, Cryptocurrency, Drones Continue to Pose Challenge: Amit Shah

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Union Home Minister Amit Shah said on Saturday that dark web, cryptocurrency, online marketplace and drones continue to pose a challenge for the country and these have to be checked by the joint efforts of law enforcement agencies. Chairing a regional conference on ‘Drug Trafficking and National Security’ here, Shah also asserted that the country … Read more

US President-Elect Donald Trump Said to Plan Elevation of Cryptocurrency as a National Priority

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President-elect Donald Trump is planning to release an executive order elevating crypto as a policy priority and giving industry insiders a voice within his administration, according to people familiar with the plans. The order is expected to name crypto as a national imperative or priority — strategic wording intended to guide government agencies to work … Read more

Ripple Pledges $50 Million for ‘National Cryptocurrency Association’ in the US: All Details

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Ripple has pledged $50 million (roughly Rs. 435 crore) to fund a new non-profit crypto organisation in the US, the ‘National Cryptocurrency Association’ (NCA). This agency will focus on educating and raising awareness about cryptocurrencies, blockchain, and Web3. The announcement comes just days after the US President Donald Trump mentioned Ripple as a potential part … Read more