Cryptocurrency Succession
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Crypto Worth Millions Has Become Permanently Inaccessible. Here's Why
Unlike bank accounts, mutual funds, or fixed deposits, crypto does not come with a relationship manager, a branch office, or a standard recovery process
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Hong Kong Unveils Fintech 2030 Strategy to Accelerate AI, RWA Tokenisation
The Hong Kong Monetary Authority (HKMA) has launched Fintech 2030, a five-year roadmap built on the success of Fintech 2025. Centred on Data, Artificial Intelligence, Resilience and Tokenisation (DART), it introduces 40 initiatives, including tokenised bonds, e-HKD trials and quantum-safe infrastructure to strengthen Hong Kong’s global fintech le...
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Telegram Founder Pavel Durov Launches Cocoon, a Decentralised AI Project on TON
Telegram founder Pavel Durov has announced Cocoon, a decentralised AI network built on The Open Network (TON). The platform allows users to earn Toncoin by sharing GPU power while maintaining control of their personal data. Cocoon’s launch highlights Durov’s push for privacy-driven AI innovation and builds on Telegram’s growing Web3 ecosystem...
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RWA Tokens Surge 11 Percent as On-Chain Value Hits $29 Billion
Real World Asset (RWA) tokens rose 11 percent this week as tokenised assets on-chain touched $29 billion (roughly Rs. 2,40,000 crore). The market cap of RWA tokens surged from $67 billion (approximately Rs. 5,50,000 crore) to $76 billion (approximately Rs. 6,30,000 crore), led by Chainlink, Avalanche, and Ondo Finance. BlackRock and JPMorgan furthe...
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Cryptocurrency Stolen In Online Fraud Recovered From Foreign Wallet In Telangana
The Telangana Cyber Security Bureau has successfully recovered a substantial amount of cryptocurrency stolen in an online fraud.
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Explained: How Bitcoin Strategies Will Impact Market Dynamics
Certain public companies, including one founded by President Donald Trump, have been going on a cryptocurrency buying spree, capitalizing on higher token prices and a softening regulatory environment to load up on the attention-grabbing investment.
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Stablecoin Giant Circle's Shares Surge in Blowout NYSE Debut
Circle Internet's shares more than doubled in their debut on the New York Stock Exchange on Thursday. The New York-based company's stock opened for trading at $69 (roughly Rs. 5,920) apiece, valuing the stablecoin issuer at nearly $18 billion (roughly Rs. 1,54,356 crore), on a fully-diluted basis.
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US President Trump Directs SEC Task Force to Outline Crypto Rules by August
At the White House Crypto Summit, President Trump asked SEC’s Crypto Task Force to put US’ crypto and stablecoins regulations “on his desk” by the end of August this year. This gives the task force approximately five months to complete the research and proposal work.
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Tron, Tether, and TRM Labs Unite via Financial Crime Unit T3, Freeze $126 Million in Illicit Funds
This week, Tron confirmed that the T3 unit successfully retrieved and froze $126 million (roughly Rs. 1,081 crore) in crime-related funds. Established by Tron, Tether, and TRM Labs, the T3 financial crime unit was created to combat the criminal misuse of USDT on the Tron network.
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Binance Claims to Have Recovered $73 Million of Funds Stolen via Hacks, Scams in Q2 2024
Binance’s security team has successfully recovered or frozen over $73 million (roughly Rs. 612 crore) in user funds from external hacks as of July 31, 2024. The platform identified and secured funds linked to hacks or scams that had made their way onto Binance, preventing further loss to users.
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Blog | Scams, Success, and Skepticism: Exploring Crypto's Complex Landscape
While cryptocurrency currently stands at the crossroads of opportunity and uncertainty, with regulation, education, and understanding, it may well evolve into a cornerstone of the financial landscape.
-
Ethereum's Dencun Upgrade Expected to Dramatically Lower Costs for Layer 2 Blockchains
Using the world’s most commercially successful blockchain ecosystem is about to get much cheaper after the latest software upgrade of the Ethereum network. The upgrade is being hailed as the most significant change in Ethereum ecosystem’s end user experience ever — and it will be much more noticeable to consumers than the well-known September...
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Coinbase Gains Licence to Operate as Virtual Asset Services Provider in France
Coinbase is now a registered entity with AMF, the French financial markets authority. The exchange exchange has successfully acquired the licence to operate as a Virtual Asset Service Provider in France.
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PayPal Launches US Dollar Stablecoin for Financial Payments, Transfers
Payments giant PayPal said on Monday it has launched a US dollar stablecoin, becoming the first major financial technology firm to embrace digital currencies for payments and transfers. While stablecoins have been around for years now, they are yet to successfully make headway into the mainstream consumer payments ecosystem.
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Reddit Drops ‘Retro Reimagined’ Collection of Digital Avatars Riding on Success of Previous NFTs
Reddit has launched the fourth generation of its digital avatars, created on the eco-friendly Polygon blockchain. The name of this NFT collection is ‘Retro Reimagined’. Each tokenised avatar from this collection will cost between $2.49 (roughly Rs. 205) and $199.99 (roughly Rs. 16 lakh).
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Crypto Worth Millions Has Become Permanently Inaccessible. Here's Why
Unlike bank accounts, mutual funds, or fixed deposits, crypto does not come with a relationship manager, a branch office, or a standard recovery process
-
Hong Kong Unveils Fintech 2030 Strategy to Accelerate AI, RWA Tokenisation
The Hong Kong Monetary Authority (HKMA) has launched Fintech 2030, a five-year roadmap built on the success of Fintech 2025. Centred on Data, Artificial Intelligence, Resilience and Tokenisation (DART), it introduces 40 initiatives, including tokenised bonds, e-HKD trials and quantum-safe infrastructure to strengthen Hong Kong’s global fintech le...
-
Telegram Founder Pavel Durov Launches Cocoon, a Decentralised AI Project on TON
Telegram founder Pavel Durov has announced Cocoon, a decentralised AI network built on The Open Network (TON). The platform allows users to earn Toncoin by sharing GPU power while maintaining control of their personal data. Cocoon’s launch highlights Durov’s push for privacy-driven AI innovation and builds on Telegram’s growing Web3 ecosystem...
-
RWA Tokens Surge 11 Percent as On-Chain Value Hits $29 Billion
Real World Asset (RWA) tokens rose 11 percent this week as tokenised assets on-chain touched $29 billion (roughly Rs. 2,40,000 crore). The market cap of RWA tokens surged from $67 billion (approximately Rs. 5,50,000 crore) to $76 billion (approximately Rs. 6,30,000 crore), led by Chainlink, Avalanche, and Ondo Finance. BlackRock and JPMorgan furthe...
-
Cryptocurrency Stolen In Online Fraud Recovered From Foreign Wallet In Telangana
The Telangana Cyber Security Bureau has successfully recovered a substantial amount of cryptocurrency stolen in an online fraud.
-
Explained: How Bitcoin Strategies Will Impact Market Dynamics
Certain public companies, including one founded by President Donald Trump, have been going on a cryptocurrency buying spree, capitalizing on higher token prices and a softening regulatory environment to load up on the attention-grabbing investment.
-
Stablecoin Giant Circle's Shares Surge in Blowout NYSE Debut
Circle Internet's shares more than doubled in their debut on the New York Stock Exchange on Thursday. The New York-based company's stock opened for trading at $69 (roughly Rs. 5,920) apiece, valuing the stablecoin issuer at nearly $18 billion (roughly Rs. 1,54,356 crore), on a fully-diluted basis.
-
US President Trump Directs SEC Task Force to Outline Crypto Rules by August
At the White House Crypto Summit, President Trump asked SEC’s Crypto Task Force to put US’ crypto and stablecoins regulations “on his desk” by the end of August this year. This gives the task force approximately five months to complete the research and proposal work.
-
Tron, Tether, and TRM Labs Unite via Financial Crime Unit T3, Freeze $126 Million in Illicit Funds
This week, Tron confirmed that the T3 unit successfully retrieved and froze $126 million (roughly Rs. 1,081 crore) in crime-related funds. Established by Tron, Tether, and TRM Labs, the T3 financial crime unit was created to combat the criminal misuse of USDT on the Tron network.
-
Binance Claims to Have Recovered $73 Million of Funds Stolen via Hacks, Scams in Q2 2024
Binance’s security team has successfully recovered or frozen over $73 million (roughly Rs. 612 crore) in user funds from external hacks as of July 31, 2024. The platform identified and secured funds linked to hacks or scams that had made their way onto Binance, preventing further loss to users.
-
Blog | Scams, Success, and Skepticism: Exploring Crypto's Complex Landscape
While cryptocurrency currently stands at the crossroads of opportunity and uncertainty, with regulation, education, and understanding, it may well evolve into a cornerstone of the financial landscape.
-
Ethereum's Dencun Upgrade Expected to Dramatically Lower Costs for Layer 2 Blockchains
Using the world’s most commercially successful blockchain ecosystem is about to get much cheaper after the latest software upgrade of the Ethereum network. The upgrade is being hailed as the most significant change in Ethereum ecosystem’s end user experience ever — and it will be much more noticeable to consumers than the well-known September...
-
Coinbase Gains Licence to Operate as Virtual Asset Services Provider in France
Coinbase is now a registered entity with AMF, the French financial markets authority. The exchange exchange has successfully acquired the licence to operate as a Virtual Asset Service Provider in France.
-
PayPal Launches US Dollar Stablecoin for Financial Payments, Transfers
Payments giant PayPal said on Monday it has launched a US dollar stablecoin, becoming the first major financial technology firm to embrace digital currencies for payments and transfers. While stablecoins have been around for years now, they are yet to successfully make headway into the mainstream consumer payments ecosystem.
-
Reddit Drops ‘Retro Reimagined’ Collection of Digital Avatars Riding on Success of Previous NFTs
Reddit has launched the fourth generation of its digital avatars, created on the eco-friendly Polygon blockchain. The name of this NFT collection is ‘Retro Reimagined’. Each tokenised avatar from this collection will cost between $2.49 (roughly Rs. 205) and $199.99 (roughly Rs. 16 lakh).
