September 2024 is shaping up to be a thrilling month for cryptocurrency enthusiasts and investors alike, with a lineup of promising presales that are generating buzz throughout the crypto community. Whether you’re on the lookout for cutting-edge blockchain technology, innovative use cases, or simply the next big meme coin sensation, this month’s presales offer plenty…
In a staggering revelation, the FBI’s latest report highlights that Americans lost more than $5.6 billion to cryptocurrency-related fraud schemes in 2023. This marks a significant rise in the misuse of digital currencies like Bitcoin, Ethereum, and Tether, and a 45 percent increase in losses compared to the previous year. The FBI’s findings shine a…
India has once again emerged as a global leader in cryptocurrency adoption, for the second consecutive year, according to a report released by blockchain analytics firm Chainalysis. This achievement comes despite the country’s stringent regulatory environment and heavy taxation on cryptocurrency trading, proving that Indian investors remain resilient in their embrace of digital assets. The…
In a shocking turn of events, hackers managed to gain control of the Delhi Capitals’ official X (formerly Twitter) account, exploiting the popular cricket franchise’s massive following to promote a scam cryptocurrency. The hackers used the team’s social media presence to push a fraudulent Solana-based token, misleading fans and followers into potentially falling for a…
Indonesian cryptocurrency exchange Indodax has recently fallen victim to a major security breach, resulting in the loss of approximately $22 million worth of cryptocurrencies. The exchange, one of the largest and most prominent in the country, has since taken the drastic step of disabling both its mobile and web applications while it investigates the breach….
The cryptocurrency market has once again surpassed the $2 trillion mark, a significant milestone that underscores the resilience and growing adoption of digital assets despite ongoing volatility and regulatory scrutiny. As of now, Bitcoin (BTC) and Ethereum (ETH), the two largest cryptocurrencies by market capitalization, continue to dominate the market, collectively holding over 60% of…
State Street Global Advisors, one of the world’s leading asset management firms, has launched three new actively managed Exchange-Traded Funds (ETFs) aimed at capitalizing on the growing opportunities in digital assets and disruptive technologies. In a strategic partnership with Galaxy Asset Management, which serves as the subadvisor for these funds, State Street aims to provide…
The global cryptocurrency industry, while offering vast potential for innovation and financial inclusion, continues to face a serious challenge: scams and fraudulent activities. In 2023, the FBI released alarming figures revealing that crypto-related scams in the United States alone amounted to a staggering $5.6 billion, underscoring the vulnerabilities in the burgeoning digital asset space. India,…
Tokocrypto, a leading cryptocurrency exchange in Indonesia and a subsidiary of Binance, has achieved a significant milestone by receiving full licensing approval under the Physical Futures Asset Exchange (PFAK) framework. This approval solidifies Tokocrypto’s status as a fully regulated digital asset exchange and marks an important step for the development of Indonesia’s growing crypto industry….
Starting in September, institutional investors offloaded a staggering $726 million worth of crypto assets into the open market, according to CoinShares’ latest Digital Asset Fund Flows report. This figure represents the second-largest weekly outflow of digital assets in 2023, with the only higher amount recorded in March when a massive $942 million in crypto was…
Bitcoin-linked stocks are gaining momentum as the price of the world’s largest cryptocurrency rebounds after experiencing a significant dip last Friday. Bitcoin, which traded at approximately $52,600 on Friday, has since recovered, climbing back above the $56,000 mark. Although it remains below its levels from earlier last week, the recent price rally has sparked renewed…
Liminal, a prominent digital wallet infrastructure provider, has been cleared of any security vulnerabilities following an external audit conducted by the leading audit firm, Grant Thornton. The audit was carried out in response to concerns raised after a major breach at WazirX, a cryptocurrency exchange, on July 18. Despite industry speculation and heightened scrutiny, the…
