CoinDCX Highlights Risk of Fraudulent Websites, Shares Safety Tips to Avoid Crypto Scams

The crypto industry has been a prime target for cyber criminals as the sector continues to grow in popularity. Several scams and hacks have prompted people to keep their distance. In order to spread awareness about safe engagement with crypto, Indian exchange CoinDCX has released a list of safety tips and suggestions that customers can … Read more

Hong Kong Continues Clampdown on Fraudulent, Unregistered Crypto Exchanges

Hong Kong is continuing its efforts to regulate crypto exchanges and crack down on those that are fraudulent and unregistered in the special administrative region (SAR) of China. The cryptocurrency market, currently valued at $2.60 trillion (roughly Rs. 2,16,86,900 crore), has attracted both legitimate entrepreneurs and unscrupulous groups from around the world in recent years. … Read more

Google Files Lawsuits Against Chinese Nationals for Promoting Fraudulent Crypto Apps on Play Store: Report

Google is taking a conscious approach towards identifying risky apps being promoted on its Play Store. In a fresh development, the search engine giant has identified two suspects who could have been using the app storefront to advertise fraudulent crypto apps. In order to deal with this situation, Google has filed a lawsuit against two … Read more

US SEC Rejects Memecoins as Securities, Warns of Fraudulent Tokens

The Securities and Exchange Commission (SEC) is gradually shaping crypto regulations in the US following Donald Trump’s return to the White House. This week, the SEC clarified that memecoins do not qualify as securities, meaning investors are not required to register their transactions under the Securities Act of 1933. The announcement comes amid a surge … Read more