North Korean Hackers Responsible for $235 Million Theft from Indian Crypto Exchange WazirX, Says Cyfirma

In a startling revelation, cybersecurity firm Cyfirma has identified North Korean hackers as the culprits behind the $235 million theft from Indian cryptocurrency exchange WazirX. The attack, which has sent shockwaves through the crypto community, underscores the increasing sophistication and audacity of cybercriminals targeting digital assets. The Hack WazirX, one of India’s largest crypto exchanges,…

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Prediction: Ripple (XRP) Will Hit $1 by 2025

The cryptocurrency market has been a rollercoaster of ups and downs, but analysts are bullish about Ripple (XRP), predicting it will hit $1 by 2025. Ripple, known for its robust blockchain technology and significant partnerships in the financial sector, has positioned itself as a major player in the crypto space. Key Factors Supporting the Prediction…

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Hong Kong Alerts Public About Crypto Exchange Proxinex for Alleged Fraud

Hong Kong’s Securities and Futures Commission (SFC) has issued a public warning regarding Proxinex, a crypto exchange suspected of engaging in fraudulent activities. On July 29, 2024, the SFC added Proxinex to its “Suspicious Virtual Asset Trading Platforms” list. The SFC’s alert comes amid growing concerns over unlicensed and fraudulent crypto exchanges operating in the…

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Bitcoin Flirts with $70K as Upward Streak Draws On

In the ever-volatile world of cryptocurrencies, Bitcoin is once again making headlines as it edges closer to the $70,000 mark. This comes after a tumultuous month in the crypto market, characterized by significant price crashes and instability across various assets. Despite these fluctuations, Bitcoin has managed to regain its footing, sparking renewed optimism among investors….

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Casper Network Faces Security Breach: Operations Halted to Address and Contain Threat

In a significant blow to the blockchain community, Casper Network, a prominent blockchain platform renowned for its innovative approach to decentralized applications, has faced a serious security breach. This incident has prompted immediate and decisive action from the company, leading to the temporary halting of all operations as the team works to address and contain…

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Donald Trump Unveils Ambitious Plan to Make the US the Global Crypto Capital and Bitcoin Superpower

In a bold move to position the United States at the forefront of the digital finance revolution, US Republican presidential candidate Donald Trump outlined his vision on Saturday to transform the country into the world’s leading crypto capital and Bitcoin superpower. This ambitious plan underscores a significant shift in Trump’s economic strategy, highlighting the growing…

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WazirX Hack: Founder Nischal Shetty Reveals $230 Million Recovery Strategy by August 3

In a dramatic turn of events in the cryptocurrency world, WazirX, one of India’s leading cryptocurrency exchanges, has announced a robust recovery strategy following a significant security breach. The hack, which resulted in the loss of $230 million, has prompted the company to take swift and decisive action. Founder Nischal Shetty has revealed a comprehensive…

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Senator Roger Marshall Withdraws Support for DAAMLA Bill: A Significant Development for the Cryptocurrency Industry

In a noteworthy shift within the cryptocurrency industry, United States Senator Roger Marshall has rescinded his support for the Digital Asset Anti-Money Laundering Act (DAAMLA) Bill. This legislation, introduced by Senator Elizabeth Warren of the Democratic Party, aimed to impose stricter regulations on the burgeoning digital asset market to combat money laundering and other illicit…

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Seven Cryptocurrencies to Watch: Innovations Reshaping the Digital Landscape

The cryptocurrency market is a realm of constant innovation and opportunity. As we look towards the horizon, several projects stand out for their potential to reshape the digital landscape. Here are seven cryptocurrencies that deserve your attention: 1. 5thScape (5SCAPE) 5thScape (5SCAPE) is an emerging cryptocurrency designed to revolutionize the way digital content is created…

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Kamala Harris Seeks to Repair Crypto Image with Backing from Mark Cuban

Vice President Kamala Harris is making strategic moves to mend her image within the cryptocurrency community. This effort has garnered significant attention following her recent endorsement from billionaire entrepreneur and cryptocurrency advocate Mark Cuban. Addressing the Crypto Community Harris’s relationship with the cryptocurrency sector has been complicated, marked by her association with regulatory initiatives that…

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Ferrari Expands Crypto Payment Solutions to Europe

Luxury car manufacturer Ferrari is extending its innovative crypto payment solution to Europe, following its successful launch in the United States in October. Starting at the end of July, Ferrari’s European dealer network will be able to accept cryptocurrency payments for its high-end vehicles, marking a significant milestone in the adoption of digital currencies within…

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The Rise of New Meme Coins: Cryptocurrencies to Watch in August

The cryptocurrency world is a magnetic realm, one that ceaselessly experiments and gives birth to new coins. Among these, meme coins have recently taken center stage, captivating the interest of investors and enthusiasts alike. While traditionally seen as a playful subset of the broader cryptocurrency market, some of these meme coins have demonstrated powerful new…

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