Cryptocurrency Exchange News
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Russian-Based Crypto Exchange Grinex Halts Operation After $14 Million Hack
Grinex has halted trading after losing $13.4 million in a cyberattack suspected to involve highly sophisticated actors. The incident has raised concerns over security and compliance, especially as the exchange faces scrutiny due to its links with previously sanctioned platforms.
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IT Department Reportedly Issues Tax Notices to Crypto Traders Over Past Unreported Transactions
Indian tax authorities are issuing notices to crypto investors over unreported transactions from past financial years. The move follows increased scrutiny of exchange data and income filings, with regulators using analytics tools to detect mismatches. The notices aim to improve compliance and allow investors to clarify discrepancies before further ...
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Bitcoin Trades Near $69,000 as Mixed Signals Keep Market Range-Bound
Bitcoin traded near $69,000 on April 6 as mixed signals from macro factors, ETF flows, and on-chain data kept the market range-bound. Analysts pointed to weak spot demand and rising leverage, indicating a fragile setup. Altcoins showed selective gains, but broader sentiment remained cautious as investors awaited clearer directional triggers.
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US SEC Defines Crypto Securities, Signals Clarity for US Traders and Institutions
The US SEC has introduced its first formal framework to determine when crypto assets qualify as securities. The guidance evaluates tokens based on their function and use, rather than labels, and suggests that many digital assets may not fall under securities laws. The move is expected to provide greater clarity for traders, exchanges, and instituti...
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Binance Founder Changpeng Zhao Questions Forbes Wealth Ranking After $47 Billion Surge
Changpeng Zhao has reportedly added about $47 billion to his wealth over the past year, pushing the Binance founder higher on global billionaire rankings. However, Zhao has questioned the interpretation of the figures, noting that cryptocurrency prices have fallen significantly in 2026. His comments have sparked debate over how wealth estimates for...
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South Korean Crypto Exchange Gives Rs 3.62 Lakh Crore In Big Bitcoin Error
Instead of giving winners about 2,000 Korean won (Rs 123), the system ended up distributing at least 2,000 bitcoins to each of 695 accounts. This amounted to around 620,000 bitcoins. At today's value, it's worth over Rs 3.62 lakh crore.
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Iran Executes Man For Spying For Mossad In Exchange Of Cryptocurrency
Iran executed a man convicted of spying for Israel's Mossad, state media reported Wednesday. The official IRNA news agency identified the man as Ali Ardestani, saying he relayed sensitive information to Mossad officers in return for financial rewards
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Bitcoin Slips Below $88,000 Amidst Mixed Macro Signals, Cautious Investor Positioning
Crypto markets remained subdued on Tuesday as Bitcoin dipped below the $88,000 (roughly Rs. 78.9 lakh) level amid consolidation and cautious positioning. Ethereum stayed resilient near the $3,000 (roughly Rs. 2.7 lakh) mark, while altcoins continued to lag due to thinning liquidity. Analysts said macro uncertainty, options expiry, and selective ris...
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Bitcoin Holds Ground as Traders Brace for US Fed’s Final Rate Decision
Bitcoin climbed toward the $94,000 level on Wednesday as traders positioned for the US Federal Reserve’s final rate call of 2025. Sentiment improved following fresh whale accumulation and a continued drop in exchange reserves. Ethereum also advanced on growing institutional flows. Analysts say the market is likely to see sharper moves once the Fe...
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Binance Names Co-Founder Yi He as Co-CEO; Will Lead Firm Alongside Richard Teng
Binance has appointed co-founder Yi He as co-CEO alongside Richard Teng, marking a significant update to the exchange’s leadership structure. The move follows a period of regulatory transitions and comes amid renewed attention on Binance’s long-term direction. Yi He’s appointment builds on her central role in shaping the company’s culture, ...
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Russian-Based Crypto Exchange Grinex Halts Operation After $14 Million Hack
Grinex has halted trading after losing $13.4 million in a cyberattack suspected to involve highly sophisticated actors. The incident has raised concerns over security and compliance, especially as the exchange faces scrutiny due to its links with previously sanctioned platforms.
-
IT Department Reportedly Issues Tax Notices to Crypto Traders Over Past Unreported Transactions
Indian tax authorities are issuing notices to crypto investors over unreported transactions from past financial years. The move follows increased scrutiny of exchange data and income filings, with regulators using analytics tools to detect mismatches. The notices aim to improve compliance and allow investors to clarify discrepancies before further ...
-
Bitcoin Trades Near $69,000 as Mixed Signals Keep Market Range-Bound
Bitcoin traded near $69,000 on April 6 as mixed signals from macro factors, ETF flows, and on-chain data kept the market range-bound. Analysts pointed to weak spot demand and rising leverage, indicating a fragile setup. Altcoins showed selective gains, but broader sentiment remained cautious as investors awaited clearer directional triggers.
-
US SEC Defines Crypto Securities, Signals Clarity for US Traders and Institutions
The US SEC has introduced its first formal framework to determine when crypto assets qualify as securities. The guidance evaluates tokens based on their function and use, rather than labels, and suggests that many digital assets may not fall under securities laws. The move is expected to provide greater clarity for traders, exchanges, and instituti...
-
Binance Founder Changpeng Zhao Questions Forbes Wealth Ranking After $47 Billion Surge
Changpeng Zhao has reportedly added about $47 billion to his wealth over the past year, pushing the Binance founder higher on global billionaire rankings. However, Zhao has questioned the interpretation of the figures, noting that cryptocurrency prices have fallen significantly in 2026. His comments have sparked debate over how wealth estimates for...
-
South Korean Crypto Exchange Gives Rs 3.62 Lakh Crore In Big Bitcoin Error
Instead of giving winners about 2,000 Korean won (Rs 123), the system ended up distributing at least 2,000 bitcoins to each of 695 accounts. This amounted to around 620,000 bitcoins. At today's value, it's worth over Rs 3.62 lakh crore.
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Iran Executes Man For Spying For Mossad In Exchange Of Cryptocurrency
Iran executed a man convicted of spying for Israel's Mossad, state media reported Wednesday. The official IRNA news agency identified the man as Ali Ardestani, saying he relayed sensitive information to Mossad officers in return for financial rewards
-
Bitcoin Slips Below $88,000 Amidst Mixed Macro Signals, Cautious Investor Positioning
Crypto markets remained subdued on Tuesday as Bitcoin dipped below the $88,000 (roughly Rs. 78.9 lakh) level amid consolidation and cautious positioning. Ethereum stayed resilient near the $3,000 (roughly Rs. 2.7 lakh) mark, while altcoins continued to lag due to thinning liquidity. Analysts said macro uncertainty, options expiry, and selective ris...
-
Bitcoin Holds Ground as Traders Brace for US Fed’s Final Rate Decision
Bitcoin climbed toward the $94,000 level on Wednesday as traders positioned for the US Federal Reserve’s final rate call of 2025. Sentiment improved following fresh whale accumulation and a continued drop in exchange reserves. Ethereum also advanced on growing institutional flows. Analysts say the market is likely to see sharper moves once the Fe...
-
Binance Names Co-Founder Yi He as Co-CEO; Will Lead Firm Alongside Richard Teng
Binance has appointed co-founder Yi He as co-CEO alongside Richard Teng, marking a significant update to the exchange’s leadership structure. The move follows a period of regulatory transitions and comes amid renewed attention on Binance’s long-term direction. Yi He’s appointment builds on her central role in shaping the company’s culture, ...
