A well-known Cryptocurrency trading platform Crypto.com has reportedly sued a case against the US Securities and Exchange Commission (SEC). The Singapore-based crypto company alleged that the federal agency, the SEC is overstepping its jurisdiction by regulating the cryptocurrency initiative, according to the report from Reuters. Meanwhile, Crypto.com recently acquired a ‘Wells Notice’ from the SEC,…
According to the Moneycontrol report, WazirX founders met with around 10 government agency officials over the past few weeks with the officials seeking investigation on the hack and theft of crypto tokens from its wallets this year. Officials from government agencies including such as the Financial Intelligence Unit (FIU), Intelligence Bureau (IB), and the Indian…
On October 03, CoinSwitch, India’s leading crypto trading exchange announced the launch of crypto futures trading on its Pro platform for users. This new feature allows traders to “amplify their potential” with leverage up to 25x, report the company. CoinSwitch launches Crypto Futures trading With the new CoinSwitch crypto futures trading services users can buy,…
Uruguay has finally passed a cryptocurrency law after more than two years of discussion. President Luis Lacalle Pou of Uruguay recently signed Law 20.345, a bill regulating the use of Bitcoin and cryptocurrency in the country. Consequently, the new regulation puts Uruguay in a privileged position, which provides clarity for companies that want to offer…
In the ever-evolving world of cryptocurrency, meme coins have achieved huge favor, with the latest sensation being the Moo Deng crypto coin. Recently, an internet’s favorite pygmy hippo coin helped a cryptocurrency user earn over Rs. 100 corer in around 17 days when he invested in the hippo Moo Deng mene coin. Meme coins are…
The major shift in the US politician’s stands on digital currency, including cryptic currency. On September 28, China’s former vice Finance Minister, Zhu Guangyao calls for cryptocurrency development amid US policy change. China’s Formal Vice Finance Minister Calls for Cryptocurrency Development Amid US Policy Change Talking at the 2024 Tsinghua Wudaokou Chief Economist Forum in…
WazirX institutional service, the Indian crypto exchange actively working to restructure its finances and compensate affected holders, which suffered a $230 million hack in July. Now, the good news for those who suffer from this hacking is the Singapore Court has granted WazirX a four-month moratorium to finalize its financial restructuring. Now, the Indian exchange…
On September 25, PayPal announced a new feature, enabling its US merchants to buy, hold, and sell cryptocurrency directly from their PayPal business account. This new feature is currently available for limited areas of the US. More importantly, the functionality for Business Accounts will not be available in New York State, at launch. PayPal Business…
The cryptocurrency market is in a frenzy, especially as Bitcoin and Ethereum continue to show resilience in complete macroeconomic environments. Plus, Bitcoin has been the dominant of the cryptocurrency market since its launch in 2009. Now, the question as the crypto world continues to evolve, Bitcoin faces competition from more technologically advanced cryptocurrencies like Ethereum…
Last week, the Supreme Court’s official YouTube channel was hacked, in a potential security breach. The channel shows videos promoting XRP, a cryptocurrency developed by US-based company Ripple Labs. Meanwhile, The OpenAI Newsroom account on X was also hacked on Monday’s, promotion crypto scam. OpenAI Newsroom account on X was hacked to promote crypto scam…