BITCOIN TRANSACTIONS
Grey zone in Indian payment laws: Crypto goes shopping in rupee using QR-linked loophole
Unified payments interface is now being used for buying cryptocurrencies through applications like goat.cash. Consumers can conveniently convert their cryptocurrencies, such as USD Coins, to pay vendors for goods. This involves scanning QR codes and entering necessary details, which facilitates quick transactions. Intermediaries help complete the process by converting USDC to rupees for vendors. Additionally, stable coins often trade at a premium within the Indian market.
Trump administration's embrace of "perp" futures sets off risk alarms for Wall Street stalwarts
The decision by the Trump administration to launch perpetual futures has sparked significant worry among market stakeholders. Leaders from established exchanges contend that these offerings might disrupt existing market dynamics and risk assessment practices. They claim that perpetual futures ought to be categorized as swaps due to their unique trading characteristics. Moreover, ongoing trading raises alarm about liquidity and counterparty risk, especially in turbulent market conditions.
Trump Media's investors lost $2.2 billion while Trump holds $460 million stake
Ske Jarzenske and other Trump Media investors are facing severe losses as the company's stock value has plummeted. Many investors had high hopes for the social media platform, believing in its potential profitability under Trump's leadership. Instead, Trump Media's shares have lost significant value, and discontent among shareholders has grown. The company's revenue remains stagnant, leading investors to question management practices and investor trust.
Fake US officials, forged court orders and gold pick-ups: How a Hyderabad call centre targeted nearly 2 million citizens and stole Rs 261 crore
The Enforcement Directorate has uncovered a fake call centre syndicate that allegedly defrauded US citizens of millions. Investigators arrested seven individuals involved in this international money laundering operation. The syndicate impersonated US federal officials and pressured victims to pay money through various channels. Seized evidence includes forged documents and the personal information of numerous US nationals. The investigation continues to identify additional participants and trace the flow of illegal funds.
Crédit Mutuel Arkéa cyberattack: How did a French bank become linked to a $133 million crypto investigation?
French bank Crédit Mutuel Arkéa has confirmed a cyberattack involving fraudulent transactions after blockchain investigator ZachXBT traced more than $133 million in suspected crypto withdrawals. Investigators are examining the movement of funds across exchanges, while the bank has yet to disclose its losses or confirm how the attack occurred.
Binance says North Korean hackers stole $6.34 billion funds in a technical breach
Binance reported a cyberattack attributed to North Korea that compromised $6.34 billion in digital assets. Approximately $2.85 billion of the affected assets have since been frozen or intercepted. The attackers utilized fake job interviews and advanced malware to breach Binance's security systems. Subsequently, the company took steps to replenish the lost assets and mitigate the damage caused.
STT Global’s India biz on the block; micro occasions power qcomm
KKR, Singtel, and the Tatas are preparing to sell STT GDC India, a major data centre platform. This and more in today’s ETtech Top 5.
Bitcoin rattled by biggest crypto heist in history! Why Warren Buffett and Charlie Munger hated cryptocurrency
A reported $6 billion crypto heist at Binance has rattled investors and revived concerns about cryptocurrency risks. Binance said its initial investigation pointed to a compromised DevOps engineer’s laptop, which may have enabled unauthorised withdrawals. The FBI blamed North Korea for the attack, while Binance said it would cover the losses.
FBI says North Korea behind $6 billion crypto theft from Binance
The FBI reported North Korea's involvement in a significant cyber heist from Binance. Binance announced that it is covering the losses with over $6.34 billion in company funds. Following the attack, the cryptocurrency market experienced a notable decline in prices, impacting major coins. The hackers, identified as TraderTraitor, are also linked to previous thefts and the notorious Lazarus Group.
Crypto's biggest-ever heist: How hackers stole $6.3 billion in Binance in just 20 minutes
Binance, on Friday, reported a significant security breach that resulted in the theft of $6.3 billion in cryptocurrencies. An initial investigation revealed that a compromised laptop enabled unauthorized withdrawal transactions. Approximately half of the stolen assets were stablecoins, which issuers have reportedly frozen to limit the attackers' activities. Blockchain analysis firms suggested that the breach shares similarities with previous North Korean hacker operations.
Who is North Korean Lazarus Group, how they stole $6.3 billion from world's biggest crypto exchange Binance from a single laptop in just 20 minutes?
North Korea's Lazarus Group is suspected of being behind a $6.36 billion cryptocurrency theft from Binance. Blockchain investigators have linked the attack to its associated unit TraderTraitor. The operation involved exploiting an Ethereum wallet authorisation feature, gaining control of a Binance hot wallet and transferring digital assets across 10 blockchains.
Binance hack update: Will you lose your Bitcoin? Who stole the money, where has the stolen $6.3 billion gone, and how much has been recovered?
Binance crypto hack news: Binance suffered a massive $6.3 billion cryptocurrency security breach, with investigators linking the attack to North Korea's TraderTraitor hacking group. Around $2.7 billion worth of stolen assets has reportedly been frozen. Here's where the stolen money went, which cryptocurrencies were affected and whether Binance customers risk losing their Bitcoin.
Global Market: Binance breach rekindles fears over cryptocurrency security
A reported $6.3 billion breach at Binance, described as the largest crypto heist on record, has renewed concerns about digital-asset security. Binance has located about $3 billion in affected assets and pledged to cover losses. The incident joins major attacks on Bybit, Ronin Network, Wormhole and other platforms, highlighting persistent vulnerabilities across exchanges, wallets, blockchain bridges and DeFi services.
Bitcoin hits 6-week low, drops below $78,000 as Binance’s $6 billion hack rattles crypto markets. What should investors do?
Bitcoin fell more than 4% to a six-week low below $78,000, while Ether and BNB also slumped after a reported $6.3 billion security breach at Binance rattled crypto markets. Analysts flagged key support levels and advised investors against panic selling or aggressive dip-buying, favouring staggered entries and smaller positions.
Biggest crypto heist in history: How Binance’s $6 billion hack rattled markets and what it means for investors?
Binance is investigating a reported security breach estimated to have caused $6.3 billion in losses, with North Korea-linked hackers suspected by TRM Labs. The exchange says user funds are safe and has pledged to cover all losses.
Binance hit by $6.3 billion crypto hack: Here’s what you need to know
Binance has reported a substantial security breach resulting in estimated losses of $6.3 billion. The breach was linked to a compromised laptop of a DevOps engineer facilitating unauthorized transactions. Global cryptocurrency firms have responded by freezing assets totaling nearly $2.4 billion. Additionally, Binance stated that user funds remain safe due to its Secure Asset Fund for Users.
From $1.46 billion in Ether being stolen to hackers returning money: Here’s a look at some of the largest crypto heists as Binance hit with largest in history
Binance has reported a significant hack that resulted in $6.3 billion being compromised. The company froze nearly $3 billion and promises to cover all losses incurred. Investigations indicate that a North Korean hacking group might be responsible for this breach. Additionally, other notable hacks in the cryptocurrency sector highlight ongoing vulnerabilities and the challenges faced by exchanges.
Binance flags 'potential security issue,' says approximately $6.3 billion impacted
Binance is currently investigating a security incident that reportedly involves unauthorized transactions exceeding $6 billion. The company has stated that user funds remain secure despite the alarming situation. To mitigate risks, Binance has temporarily suspended all deposits and withdrawals on its platform. In collaboration with law enforcement, blockchain partners have already frozen a substantial amount of affected assets.
As crypto markets mature, technical analysis moves to the core of investor strategy
Crypto investing has evolved from hype-driven participation to a focus on technical analysis and structured decision-making. Investors are now using tools to analyze price movements and market trends effectively. Technical analysis helps investors remove emotions from trading and create a repeatable system for decision-making. Additionally, many traders combine technical analysis with fundamental research to inform their investment choices.
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