The Orissa High Court in India has made a significant ruling that clarifies the legal status of cryptocurrency transactions under Indian law. This landmark decision stemmed from a case involving allegations against two individuals accused of defrauding people through a Ponzi or multi-level marketing (MLM) scheme. The main legal issue was whether these activities fell […]

According to a Crystal Intelligence report, nearly $19 billion in cryptocurrency has been stolen since 2011, highlighting the ongoing struggle of the industry with increasing blockchain-related crime. The report identifies 785 incidents of crypto theft, including 220 security breaches, 345 hacks targeting decentralized finance (DeFi) platforms, and 220 fraud schemes. The largest theft on record […]

A cybersecurity expert has raised serious privacy concerns about the Telangana police app, TSCOP. Srinivas Kodali alleges that the app, which was launched in 2022 under the previous government, shared personal information of hotel guests in Hyderabad, including details of their companions, with a US-based cryptocurrency company called Zebichain. This data sharing reportedly happened without […]

At a San Francisco fundraiser on Thursday, Republican presidential candidate Donald Trump positioned himself as a supporter of cryptocurrency, criticizing Democrats’ efforts to regulate the industry, according to three sources who were in attendance. The event, which raised $12 million, was hosted by tech venture capitalists David Sacks and Chamath Palihapitiya at Sacks’ home in […]

Deutsche Bank is collaborating with Bitpanda to handle customer deposits and withdrawals for the Austrian cryptocurrency broker, as confirmed by both companies to Reuters. The crypto sector has faced challenges in securing banking partners, especially following the 2023 failures of Silvergate Capital Corp, Signature Bank, and Silicon Valley Bank, which were heavily involved with crypto […]