Dhingra Report
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Volo Freezes Funds, Limits Damage After $3.5 Million Sui Blockchain Exploit
Sui-based DeFi protocol Volo reported a $3.5 million breach affecting select vaults. The team has frozen a portion of the stolen funds and said unaffected vaults remain secure. The protocol also plans to absorb losses as concerns around DeFi security continue to grow.
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Scammers Offer Passage to Ships Stranded Near Strait of Hormuz in Exchange for Crypto: Report
Scammers posing as Iranian officials are targeting ships stranded at the Strait of Hormuz, demanding crypto payments for safe passage. Authorities warn that such transactions could carry sanctions risks, adding financial fraud concerns to an already tense geopolitical situation in a key global trade route.
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White House Report Challenged by American Bankers Association on Stablecoin Yields
The American Bankers Association has criticised a White House report on stablecoin yields, arguing it overlooks key risks to bank deposits. The debate highlights concerns around financial stability as the stablecoin market grows. Policymakers are being urged to evaluate the long-term implications of yield-bearing digital assets on traditional banki...
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US Musician Loses Bitcoin Funds Due to Fake Ledger App
American musician G.Love lost $420,000 in Bitcoin after installing a fake Ledger Live app. The scam highlights growing risks from malicious apps and phishing attacks in the crypto ecosystem. Experts warn users to verify sources and safeguard seed phrases as crypto-related fraud continues to rise.
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Stablecoin Transactions Could Reach $1.5 Quadrillion Mark by 2035, Chainalysis Claims
Chainalysis estimates stablecoin volumes could reach $1.5 quadrillion by 2035 under a high-growth scenario. The projection is driven by wealth transfer to younger, crypto-native generations and increasing institutional adoption. The report highlights stablecoins as a key driver of future digital payment infrastructure.
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British Cryptographer Adam Back Responds After Report Suggests He Might Be Bitcoin Creator 'Satoshi Nakamoto'
A New York Times report has suggested that Adam Back could be Satoshi Nakamoto, citing similarities in writing style, technical ideas, and early cryptographic work. However, the claim remains unproven, with Back denying the allegations. The debate adds to ongoing speculation around Bitcoin’s anonymous creator.
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Argentine Banks Reportedly Begin Testing JPMorgan’s JPM Coin for Faster Settlements
Argentine banks are piloting JPMorgan’s JPM Coin to improve interbank settlements and explore blockchain-based financial infrastructure. The initiative focuses on reducing costs and improving transaction speeds while testing distributed ledger technology. The move reflects growing institutional interest in digital assets and could pave the way fo...
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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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IMF Says Tokenisation Could Transform Finance but Warns of New Risks
The IMF says tokenisation could improve efficiency in financial markets but warns it also introduces new risks. In its latest report, the organisation highlighted concerns around financial stability, legal clarity, and regulatory oversight. As adoption grows, the IMF stressed the need for strong frameworks to manage vulnerabilities while supporting...
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Gen Z Reportedly Dominates India’s Crypto Futures Market With 61 Percent Share
A new study by Pi42 and Hashed Emergent shows that Gen Z investors account for 61 percent of crypto futures traders in India. The report highlights rising participation from women and strong growth in non-metro regions. With increasing trade sizes and daily activity, the findings point to a maturing retail trading ecosystem and a broader shift in h...
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Volo Freezes Funds, Limits Damage After $3.5 Million Sui Blockchain Exploit
Sui-based DeFi protocol Volo reported a $3.5 million breach affecting select vaults. The team has frozen a portion of the stolen funds and said unaffected vaults remain secure. The protocol also plans to absorb losses as concerns around DeFi security continue to grow.
-
Scammers Offer Passage to Ships Stranded Near Strait of Hormuz in Exchange for Crypto: Report
Scammers posing as Iranian officials are targeting ships stranded at the Strait of Hormuz, demanding crypto payments for safe passage. Authorities warn that such transactions could carry sanctions risks, adding financial fraud concerns to an already tense geopolitical situation in a key global trade route.
-
White House Report Challenged by American Bankers Association on Stablecoin Yields
The American Bankers Association has criticised a White House report on stablecoin yields, arguing it overlooks key risks to bank deposits. The debate highlights concerns around financial stability as the stablecoin market grows. Policymakers are being urged to evaluate the long-term implications of yield-bearing digital assets on traditional banki...
-
US Musician Loses Bitcoin Funds Due to Fake Ledger App
American musician G.Love lost $420,000 in Bitcoin after installing a fake Ledger Live app. The scam highlights growing risks from malicious apps and phishing attacks in the crypto ecosystem. Experts warn users to verify sources and safeguard seed phrases as crypto-related fraud continues to rise.
-
Stablecoin Transactions Could Reach $1.5 Quadrillion Mark by 2035, Chainalysis Claims
Chainalysis estimates stablecoin volumes could reach $1.5 quadrillion by 2035 under a high-growth scenario. The projection is driven by wealth transfer to younger, crypto-native generations and increasing institutional adoption. The report highlights stablecoins as a key driver of future digital payment infrastructure.
-
British Cryptographer Adam Back Responds After Report Suggests He Might Be Bitcoin Creator 'Satoshi Nakamoto'
A New York Times report has suggested that Adam Back could be Satoshi Nakamoto, citing similarities in writing style, technical ideas, and early cryptographic work. However, the claim remains unproven, with Back denying the allegations. The debate adds to ongoing speculation around Bitcoin’s anonymous creator.
-
Argentine Banks Reportedly Begin Testing JPMorgan’s JPM Coin for Faster Settlements
Argentine banks are piloting JPMorgan’s JPM Coin to improve interbank settlements and explore blockchain-based financial infrastructure. The initiative focuses on reducing costs and improving transaction speeds while testing distributed ledger technology. The move reflects growing institutional interest in digital assets and could pave the way fo...
-
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 ...
-
IMF Says Tokenisation Could Transform Finance but Warns of New Risks
The IMF says tokenisation could improve efficiency in financial markets but warns it also introduces new risks. In its latest report, the organisation highlighted concerns around financial stability, legal clarity, and regulatory oversight. As adoption grows, the IMF stressed the need for strong frameworks to manage vulnerabilities while supporting...
-
Gen Z Reportedly Dominates India’s Crypto Futures Market With 61 Percent Share
A new study by Pi42 and Hashed Emergent shows that Gen Z investors account for 61 percent of crypto futures traders in India. The report highlights rising participation from women and strong growth in non-metro regions. With increasing trade sizes and daily activity, the findings point to a maturing retail trading ecosystem and a broader shift in h...
