The cryptocurrency world is often beset with controversy, and the recent allegations regarding WazirX, one of India’s prominent crypto exchanges, are no exception. Nischal Shetty, the founder of WazirX, has found himself at the center of a storm following claims that $75 million worth of digital assets were transferred to other exchanges without adequately informing
Cryptocurrency
In recent weeks, Bitcoin has been a central figure in the volatile cryptocurrency market. Alan Santana, a prominent crypto analyst, has brought attention to troubling signs that could indicate a significant downturn for Bitcoin, predicting a drop to around $35,720. This warning stems from a perceived lack of buying volume, which has contributed to a
As the new week unfolds, Ethereum’s price continues its upward trajectory from the previous week, driven by a rebound from a critical support level at $2,350. This renewed bullish sentiment is placing Ethereum on a path towards confronting the resistance threshold around $2,800. Investors and traders alike are closely monitoring this level, anticipating a breakthrough
In recent weeks, Dogecoin (DOGE), the largest and most talked-about meme coin in the cryptocurrency world, has experienced remarkable traction, largely attributed to the activities of Tesla CEO Elon Musk. Speculation is rife over whether this momentum can lead Dogecoin to achieve the staggering $1 price point, especially should Musk secure a governmental role under
In an impressive display of collaboration between private and public sectors, Binance has recently joined forces with Delhi Police to dismantle a sophisticated scam perpetrated by a fraudulent organization known as “M/s Goldcoat Solar.” This concerted effort has not only led to multiple arrests but also a significant seizure of over 100,000 USDT in crypto
In a striking case of cybercrime, the FBI has apprehended a suspect linked to a false tweet that misled many into believing the Securities and Exchange Commission (SEC) had approved spot Bitcoin exchange-traded funds (ETFs). This fraudulent act led to significant volatility in the cryptocurrency market, emphasizing the high stakes associated with misinformation, particularly in
The recent week marked a remarkable period for spot Bitcoin exchange-traded funds (ETFs), with net inflows surpassing $2 billion, making it a standout moment since the middle of March. This surge highlights a growing confidence in the cryptocurrency market, particularly among institutional investors, fueling optimism around digital assets. The US-based spot Bitcoin ETFs, numbering eleven,
In recent years, the gaming landscape has been dramatically transformed by the advent of Play-to-Earn (P2E) games. These innovative platforms not only provide entertainment but also create avenues for players to earn cryptocurrency and other digital assets while engaging in gameplay. Unlike traditional gaming models, where achievements are limited to in-game items or progression levels,
Bitcoin, the leading cryptocurrency, has demonstrated remarkable resilience over the past week, especially notable as it reached the $69,000 mark for the first time since late July. This remarkable climb is particularly intriguing, as it follows a period of relative stagnation, marked by its struggle around the $62,000 to $63,000 region just a week earlier.
In a significant milestone for the cryptocurrency sector, Bitget has announced that its native wallet has surpassed an impressive 40 million users, marking an astounding growth of over 100% since March 2024. This surge not only underscores the platform’s competitive edge but also positions it as a formidable contender against industry giants like Binance. Notably,