CryptoNews

An Elusive Indian Suspect at the Center of Indiana's Crypto Fraud

November 14, 2024
Authorities in Grant County, Indiana, have recovered $36,000 in a cryptocurrency scam involving Prateek Jain, a 33-year-old man from Kolkata, India. Jain faces charges of felony fraud and money laundering after allegedly convincing a Marion, Indiana resident to deposit funds into a bitcoin ATM as part of the scam. The case, initially reported to the Marion Police Department, was passed to the…
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CryptoNews

Inside Russia's Crypto Rules: Sberbank CEO Reveals Key Insights

November 14, 2024
Sberbank CEO Herman Gref stated that the use of cryptocurrencies as a payment method within Russia remains prohibited by law and is unlikely to be approved anytime soon. Speaking at the “FI Day. Blockchain: On the Edge of a New Financial Era” conference in Moscow, Gref…
CryptoNews

Coinbase Launches Regulated Crypto Benchmark — Who Can Invest?

November 13, 2024
Coinbase’s new cryptocurrency index introduces a regulated crypto benchmark, offering investors broad exposure and setting a new standard for transparency in the digital asset market. A New Crypto Benchmark Emerges — Coinbase’s Bold Move with COIN50 Index Coinbase (Nasdaq: COIN) has launched the Coinbase 50 Index (COIN50), which the crypto exchange described as “a regulated crypto…
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Brazil Prepares to Let Tradfi Institutions Embrace Crypto

November 13, 2024
The Central Bank of Brazil is preparing to open the crypto market to tradfi institutions, which will be able to operate in this industry with clarity after the enactment of the upcoming regulation. Small crypto startups might face challenges in regularizing their situation…
CryptoNews

Ripple, XRP Fight With SEC Nears Tipping Point as Key Changes Loom

November 12, 2024
With SEC Chair Gensler possibly stepping down, Ripple’s high-stakes battle over XRP could see a swift resolution, signaling a shift in crypto regulation strategy. Gensler on the Way Out? Ripple’s Battle With SEC Over XRP Could Reach Resolution Attorney Jeremy Hogan outlined potential developments in the ongoing legal battles between the U.S. Securities and Exchange Commission (SEC) and major…
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Crypto.com Unveils 'Level up' Rewards Program, Integrates New Service Suite

November 8, 2024
Singapore-based Crypto.com has unveiled its “Level Up” rewards program, seeking to deliver stocks, banking services, and cards under one roof. The company will integrate these new functionalities, offering 3% on stock deposit transfers, 7.5% rewards on idle cash balances, and 8% in uncapped rewards on card spending. With this move, including these new and improved opportunities, Crypto.com CEO…
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