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Indian Police Warn Public Against Investing in Cryptocurrencies

Indian police in the state of Jammu and Kashmir have issued a public statement, warning against investing in cryptocurrencies. The police of the Indian state of Jammu and Kashmir have issued a public statement, warning the public against investing in cryptocurrencies, local business news daily the Business Standard reported on Jan. 2. Police reportedly warned […]

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Hodler’s Digest, Dec. 24–30: Top Stories, Price Movements, Quotes and FUD of the Week

Bitcoin Private confirmed the secret creation of an additional 2 million coins, and South Korea rules in favor of Bithumb in investor lawsuit. Top Stories This Week Nvidia Faces Class Action Lawsuit Over Losses After Lower GPU Mining Demand Graphics processing unit (GPU) producer Nvidia is currently facing a class action lawsuit over losses that […]

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India Receives $80 Billion in Remittance, Big Potential for Crypto?

The World Bank in its latest report revealed that India has received the largest amount in remittance in 2o18 with $80 billion being sent from abroad. At the same time, users paid $4 billion in cuts to payment services. Middlemen-Friendly Models Remittance in its current format has one-too-many checkpoints. If a person wants to send […]

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SWIFT India Partners With Fintech Firm for Blockchain Pilot

SWIFT India has partnered with fintech firm MonetaGo to run a blockchain pilot aimed at addressing fraud in the e-way Bill system. SWIFT India has partnered with fintech firm MonetaGo to pilot a distributed ledger (DLT) network designed to improve the efficiency and security of financial products, according to a press release published Nov. 20. […]

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Cryptocurrency ‘Illegal’ In India Says Trade Organization Head

The head of Indian IT trade organization NASSCOM reportedly stated that cryptocurrency is “illegal” in the country, after two men installing a Bitcoin ATM were arrested The head of an Indian nonprofit trade organization said cryptocurrency is “illegal,” and urged businesses to obey the law, local news daily the Hindu reported Thursday, Oct. 25. Debjani […]

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Report: Number of Compromised Routers in India Doubled, Reaching Almost 30,000

Cybersecurity firm Banbreach reports that nearly 30,000 routers in India are infected with cryptojacking software. A recent report by security company Banbreach has found that in the past month, the number of routers compromised by cryptojacking software in India has doubled. The report indicates that hackers have cracked over 30,000 routers within the country, Hard […]

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Crypto Behind Bars: Arrests Making Headlines Across the Globe

From soap actors to former lawmakers, Cointelegraph takes stock of some of the most illustrious arrests of the figures behind crypto’s high crimes and misdemeanours this year. Gone are the days when shady dealings in crypto were perceived as immune to the clutches of law enforcement. Illicit crypto proceeds can be shuttled between wallet addresses […]

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Exit Scam in Wonderland: Bitconnect’s Tentacles From Texas to Gujarat

Cointelegraph investigates the murky web of incidents connected with the Bitconnect heist, from Texas to Gujarat. An American musical prelude Bitconnect, the now-defunct crypto lending and exchange platform that has been ousted as a ruinous Ponzi scheme, has memorably been compared by the Silver Miller law firm to the fleeting 2011 Broadway musical “Wonderland,” based […]

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India: Former Legislator Remanded in Custody in Connection With Bitcoin Extortion Case

Former Indian politician Nalin Kotadiya has been remanded in custody for his alleged involvement in a 200 BTC extortion case. Nalin Kotadiya, a Bharatiya Janata Party (BJP) official and former Member of the Legislative Assembly (MLA), has been remanded in custody for ten days in connection with a $1.3 million Bitcoin (BTC) extortion case, the […]