cryptocurrency Archives

In the ever-volatile world of cryptocurrency, Ripple’s XRP has recently been a topic of substantial speculation. With contrasting yet intriguing predictions, analysts EGRAG CRYPTO and Dark Defender have shared their outlooks for XRP’s future in 2024. EGRAG CRYPTO’s Bold Prediction EGRAG CRYPTO, a prominent figure in the crypto community, is optimistic about XRP’s potential for […]

Source: promesaartstudio/Adobe Starting in February, approximately 290,000 public sector employees in South Korea will be required to disclose their cryptocurrency holdings. According to Maeil Kyungjae, the Ministry of Personnel Management has announced that the regulation will also be applicable to the spouses and immediate family members of employees. The progression comes after a recent ministry […]

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The Directorate of Enforcement arrested Nitin Gaur, who is Ajay Bhardwaj’s brother-in-law, under the Prevention of Money Laundering Act (PMLA). The Directorate of Enforcement (ED) arrested Nitin Gaur, the brother-in-law of Ajay Bhardwaj, in connection with a Rs 6,606 crore cryptocurrency case involving M/s Variable Tech Pte Ltd and its promoters in the GainBitcoin Ponzi […]

The cyberattack on Orbit Bridge just before New Year’s Eve pushed the cumulative crypto losses to almost $100 million in December. Blockchain security companies reported that the recent assault on Orbit Chain’s cross-chain bridge caused the crypto stolen in December to approach $100 million. On January 1st, PeckShield, a blockchain security firm, revealed that the […]

The Financial Intelligence Unit, a government agency in India responsible for scrutinizing financial transactions, made an announcement on Thursday that it considers nine global cryptocurrency exchanges, including notable names like Binance, Bitstamp, Kraken, Kucoin, Gate.io, and Mexc, to be operating in violation of the country’s anti-money laundering regulations, characterizing their operations as “illegal.” As a […]

New Delhi: In a significant regulatory move, India’s Financial Intelligence Unit (FIU-India) has served show-cause notices to nine major offshore cryptocurrency platforms for alleged non-compliance with the country’s financial regulations. The directive, which targets industry giants including Binance, Kucoin, and Huobi, marks a pivotal moment in India’s approach to overseeing the burgeoning digital asset market. […]

Canadian cryptocurrency exchange CatalX has temporarily halted its operations following a suspected insider job that resulted in a security breach. On December 28, CatalX CTS Ltd., the operator of the Canadian crypto exchange, issued a press release stating that it had experienced a “security breach,” leading to the loss of cryptocurrency assets held on behalf […]

Bankrupt crypto lender Genesis has agreed to settle $1 billion in claims by defunct crypto hedge fund Three Arrows Capital (3AC) with a payment of $33 million, court documents show. The hedge fund’s collapse in June 2022 marked the first storm in a long crypto winter, and its claims against Genesis refer to transfers made […]

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Celsius, the crypto lender, has received approval from a New York court for its exit from bankruptcy, a process initiated in July of the previous year. The plan approved by the lender’s creditors will enable them to recover up to 85% of their holdings. For customers who had funds locked up in Celsius, they will […]

Tag: cryptocurrency

Ripple (XRP) Price Predictions: A Comprehensive Overview for January 2024

Forced to Declare Crypto Holdings, 290,000 South Korean Public Sector Employees

Probe agency ED apprehends individual in cryptocurrency scam exceeding Rs 6,000 crore.

Nearly $100M in Cryptocurrency Stolen in December, Fueled by Orbit Bridge Hack

India is considering limiting access to cryptocurrency exchange platforms including Binance and Kraken

India Tightens Regulation on Offshore Cryptocurrency Platforms with Show-Cause Notices

Canadian crypto exchange CatalX suspends services due to a security breach

Genesis, Three Arrows Capital Reach Agreement on $1B of Claims

Court Approves Celsius Bankruptcy Reorganization Plan, Exit Imminent in Early 2024

Russian gov’t approves new crypto taxation framework

Russia Proposes 15% Tax on Crypto and Mining Restrictions

WazirX Plans to Launch New Decentralized Exchange

Binance, Indian Police Bust Energy Scam, Recover $100K USDT

Indian Govt. Officials Probe Crypto Exchange WazirX's $234M Hack

Dubai's VARA Updates Marketing Regulations and Guidelines for VASPs

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