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  • 2 min

India’s Biggest Crypto Laundering Trail? 27 Exchanges Under MHA Scanner Over Rs 623-Crore Scam

Twenty seven cryptocurrency exchanges are under the MHA scanner over a Rs 623 crore scam, being called “one of the most sophisticated financial laundering models yet” in the country. At least 27 cryptocurrency exchanges are under the Home Ministry scanner over a Rs 623 crore scam, in what investigators are calling one of the “most sophisticated money…
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  • 2 min

China Blames US for One of the World’s Largest Crypto Thefts — A $13 Billion Bitcoin Grab

China has accused the US government of orchestrating a $13 billion Bitcoin theft from mining pool LuBian in 2020, calling it a “state-level hack.” The US has not commented. China has accused the United States government of being behind one of the largest cryptocurrency thefts in history – the disappearance of around 127,272 Bitcoin (worth roughly $13…
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  • 2 min

CRASH HORROR Russian crypto millionaire killed in fiery high-speed crash as his Lamborghini flips and bursts into flames

A RUSSIAN crypto millionaire has died after his luxury Lamborghini burst into flames after flipping over on a highway. Alexei Dolgikh, 36, was driving three friends in his £329,000 Lamborghini Urus at 93mph when he lost control and rammed into a crash barrier in Moscow. The car was sent flying upside down at around 1:30am before smashing…
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  • 3 min

XRP and DOGE Investors Turn to Sol Mining for Huge Profits

Volatility in the cryptocurrency market has once again become a focal point for investors. After several rounds of price swings, the outlook for XRP and Dogecoin (DOGE) remains uncertain. This uncertainty has prompted some investors to seek new asset allocation strategies aimed at securing more stable returns and reducing overall risk. Industry analysts point to SolMining as…
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  • 1 min

Bitcoin surges to all-time peak as crypto sentiment improves

Bitcoin rose to its highest level on record on Wednesday, eclipsing the previous high from January, as risk sentiment continues to improve after last month’s tariff-induced selloff. The world’s largest cryptocurrency touched a high of $109,760.08, and was last up 1.1% at $108,117. Its ascent was driven by a combination of factors including easing trade tension between…
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  • 3 min

Bitcoin Miners Rejoice As SEC Says Proof-of-Work Crypto Mining Doesn’t Fall Under Securities Laws

The U.S. Securities and Exchange Commission (SEC) under a new leadership on Thursday clarified its stance on Proof-of-Work (PoW) mining operations, saying “mining activities” as defined in its statement do not need to register with the Commission, effectively removing them from the list of activities subject to securities laws. The Wall Street regulator went into detail on…
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  • 4 min

Bitcoin as a US strategic reserve: Does it make sense?

Bitcoin is often touted as an alternative to the US dollar, the world’s reserve currency, as only a limited number of coins will ever be produced. Proponents argue that bitcoin’s fixed supply makes it an inflation-proof value store outside the global financial system. Bitcoin is often compared to gold for a similar reason. While central banks worldwide…
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  • 2 min

Trump’s Crypto Reserve Plan Faces Pushback As Industry Executives Urge Bitcoin-Only Approach

The United States is all set to have its own cryptocurrency reserve following President Donald Trump’s announcement; however, crypto executives are pushing back against the idea of the reserve having multiple digital assets. Several crypto executives believe Bitcoin, the world’s largest crypto asset by market capitalization, is the only coin suitable for a crypto reserve, even as Trump has specifically…
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  • 2 min

Bitcoin falters as optimism wanes on Trump’s crypto reserve plan

Bitcoin backpedaled on Monday after an early rise following U.S. President Donald Trump’s weekend proposal for a national strategic reserve of cryptocurrencies. Optimism on digital currency after Trump’s Sunday post on Truth Social turned to caution as market participants awaited more details about this crypto initiative. The world’s largest cryptocurrency, bitcoin, rose 2.4% from Friday’s levels, to…
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  • 3 min

Russia Approves Bitcoin Payments for Oil & Gas

Previous to sanctions, Russia’s restrictions on cryptocurrencies were inexorable, contrary to what is proposed now. The Chairman of the State of Duma Committee on Energy Pavel Zavalny said that Russia will now accept Bitcoin payment for oil. He made the announcement at a press conference on Thursday. However, Russia specified that only China and Turkey could pay for oil…
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  • 2 min

Cryptocurrency Prices Today on March 22: BTC continues to slide as ETH, ADA clock gains

The global cryptocurrency market-capitalisation rose 0.53 percent over the last 24 hours to stand at $1.87 trillion. Trading volumes also jumped 13.96 percent to $89.28 billion during this period. The total volume in the decentralised finance (DeFi) space stood at $13.39 billion, around 15 percent of the aggregate 24-hour cryptocurrency trading volume. The total volume in stablecoins stood at $74.90…
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  • 1 min

Russian oligarchs and officials are reportedly using crypto to protect millions from sanctions

Sanctions may have thrown Russian businesses for a loop, but leaders of the country are reportedly using cryptocurrency to bypass the recent sanctions against the country.Blockchain analysis firm Elliptic has tracked down a crypto wallet, which has ‘significant asset holdings’. In an interview with Bloomberg, the co-founder – Tom Robinson – revealed that the wallet likely contains millions…
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  • 1 min

Solana NFT Marketplace Magic Eden Looking to Challenge OpenSea

Some venture capitalists hope that the Ethereum-based OpenSea will soon take a backseat to Magic Eden, a new NFT marketplace on Solana. Forty-three percent of all NFT purchases take place on OpenSea, with $23.3B in total sales, according to research firm DappRadar. But it is limited by the blockchain it operates on, which is Ethereum. Venture capital titan Sequoia Capital has set its sights on Magic Eden, a…
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  • 1 min

How to create and sell NFTs for free; know details

Business Today explains how you can mint your NFT for free on three platforms. Do you know what is common between Kalpana Chawala, Deadpool, Amitabh Bachchan, Neo from Matrix, Micheal Jordan, Batman and the Ukrainian flag? All of them have launched their own Non-Fungible Tokens (NFTs). NFTs are all the rage right now. But don’t worry, you…
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  • 1 min

Bitcoin (BTC) Pumps for Short Time as Biden Signs Executive Order on Crypto

The crypto market gives a thumbs up to Biden’s crypto executive order which sets to bring clear regulations in place. This is likely to boost institutional participation in the crypto space. On Wednesday, March 9, the Joe Biden administration signed the much-awaited executive order on cryptocurrencies. The executive order points federal agencies to work on regulations for the crypto…
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