WazirX CEO Nischal Shetty Announces Strategic Partnerships with Major Cryptocurrency Exchanges

In a significant development within the cryptocurrency industry, Nischal Shetty, CEO of WazirX, has revealed that three non-disclosure agreements (NDAs) have been signed with prominent cryptocurrency exchanges. These partnerships, involving exchanges with user bases ranging from 12 million to 100 million and daily trade volumes between $5 million and $1.5 billion, mark a pivotal step…

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Binance Clarifies Action on Palestinian Accounts Amid Allegations

In the wake of recent claims circulating on social media, Binance, one of the world’s largest cryptocurrency exchanges, has come forward to clarify its actions concerning Palestinian users. The allegations suggested that Binance had broadly blocked and seized the assets of all Palestinian accounts at the request of Israel. However, Binance co-founder and Chief Customer…

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Donald Trump Backs Family’s Crypto Project: The Defiant Ones

In a surprising move that has captured the attention of both political and financial circles, former President Donald Trump has seemingly thrown his support behind his family’s latest venture into the world of cryptocurrency. The project, intriguingly named “The Defiant Ones,” marks the Trump family’s entry into the rapidly evolving and often unpredictable crypto space….

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Upcoming New Crypto Coins to Add to Your Portfolio: 10 Must-Consider Investments

In the ever-evolving world of cryptocurrencies, new coins are constantly emerging, offering fresh opportunities for investors. These coins often introduce innovative concepts, address real-world challenges, and come with low entry prices, making them attractive for those looking to diversify their portfolios. Here’s a list of ten upcoming crypto coins that you should consider adding to…

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Rickshaw Driver in Bengaluru Accepts Cryptocurrency as Payment, Sparking Online Debate

In a city known for its vibrant tech scene and rapidly evolving digital landscape, a rickshaw driver in Bengaluru has made headlines by becoming one of the first in his profession to accept cryptocurrency as payment. This innovative move has ignited widespread discussion on social media, with reactions ranging from admiration for the driver’s forward-thinking…

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Crypto Markets Stagnant Despite Fed Rate Cut Expectations: Why Monetary Easing May Not Be Enough

The cryptocurrency markets, often known for their volatility and rapid price swings, have entered a period of stagnation despite growing expectations of Federal Reserve rate cuts. This lull in market activity has left many investors puzzled, especially as lower interest rates are typically seen as a catalyst for growth in riskier assets like cryptocurrencies. However,…

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Crypto Companies Pour $119 Million into 2024 Federal Elections: What It Means for the Future of Politics

As the 2024 federal elections approach, a new and influential player has emerged in the political arena: the cryptocurrency industry. According to a recent report from consumer advocacy group Public Citizen, cryptocurrency companies have contributed over $119 million to this year’s federal elections, representing nearly half of all corporate money given so far. This massive…

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Binance Expands Workforce with 1,000 New Hires in 2024, Focuses on Compliance Amid Rising Regulatory Scrutiny

Binance Holdings Ltd., one of the world’s leading cryptocurrency exchanges, is making a significant move to bolster its operations and address growing regulatory demands by hiring 1,000 new employees this year. A large portion of these new hires will be dedicated to compliance roles, reflecting the company’s commitment to meeting the stringent regulatory requirements that…

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WazirX Speaks Out: What’s Next After $230 Million Crypto Heist

In a shocking incident that has sent ripples through the cryptocurrency community, WazirX, one of India’s leading crypto exchanges, recently fell victim to a massive cyber attack. The hackers managed to siphon off over $230 million (approximately ₹2000 crore), marking one of the largest security breaches in the digital asset space. The incident has left…

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German Authorities Seize €25 Million in Cryptocurrency ATM Crackdown

In a sweeping nationwide operation, German authorities have seized nearly 25 million euros (approximately $28 million) in cash from cryptocurrency ATMs across the country. This significant crackdown, led by the Federal Financial Supervisory Authority (BaFin), marks one of the most extensive actions against the burgeoning crypto ATM industry in Germany. The Operation: A Coordinated Effort…

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Crypto Platform Expands Custody Operation: Adding UNI and ARB to its Securities Roster

In a significant move that has stirred conversations in the crypto community, a prominent SEC-registered crypto platform has announced an expansion of its custody operations beyond Ethereum’s ETH. This development marks a strategic shift in how the platform handles digital assets, as it now includes Uniswap’s UNI and Arbitrum’s ARB in its custody services. Notably,…

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KaJ Labs Locks 300 Million Colle AI Tokens on Solana to Strengthen Market Confidence

In a significant stride toward bolstering market confidence, KaJ Labs has strategically locked 300 million Colle AI (COLLE) tokens on the Solana blockchain. This bold move comes at a crucial time in the crypto landscape, where stability and trust are paramount. By securing such a substantial number of tokens, KaJ Labs is not only demonstrating…

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