India’s Prime Minister Narendra Modi says crypto needs “a global framework and regulations.” He stressed: “The rapid pace of change of technology is a reality — there is no point in ignoring it or wishing it away. Instead, the focus should be on adoption, democratization, and a unified approach.”
Modi on Crypto Regulation
Indian Prime Minister Narendra Modi talked about cryptocurrency…
Crypto exchange Binance has dropped Russian banks under sanctions from the payment options on its peer-to-peer (P2P) platform. Russian traders can no longer use cards issued by these banks to make payments while transactions in foreign fiat currencies are also restricted for…
NFT Sales Dip 14%, Yet Buyers Increase: Weekly Report Reveals $91 Million Traded – Markets and Prices Bitcoin News
August 28, 2023
According to the latest statistics, sales of non-fungible tokens (NFTs) have taken a 14% dip compared to the preceding week, tallying up to $91.86 million in the past seven days. Interestingly, the count of purchasers rose by 38%; however, NFT transactions witnessed a…
DEA Duped: How a Crafty Crypto Scammer Outwitted the Agency and Made Off With $55K – Bitcoin News
August 27, 2023
In a revealing report published on August 24, 2023, a significant oversight by the Drug Enforcement Agency (DEA) was brought to light. In their endeavor to manage assets confiscated from a nefarious enterprise, the DEA mistakenly funneled funds to an unrelated scammer, falling prey to a notorious crypto dusting scam.
Blockchain Blunder: DEA Mistakenly Transfers $55K to Crafty Scammer
Previously…
Heatwave and Debt: Laos Suspends Crypto Mining Operations Amid Rising Power Demands – Mining Bitcoin News
August 27, 2023
In recent developments, Electricite du Laos (EDL) announced on August 24 that the power company shut down cryptocurrency mining activities. This decision came after this summer’s unprecedented heat surge escalated electricity demands. Furthermore, these mining operations…
One of the founders of the Tornado Cash crypto mixer, Roman Storm, has been released on bail, his lawyer announced on social media. Storm, who was arrested in the United States, has been charged with money laundering and sanctions violations through the unlicensed platform.
Bitcoin, Ethereum Technical Analysis: BTC Largely Unchanged, Despite Fed Chair Powell's Inflation Warning – Market Updates Bitcoin News
August 27, 2023
Bitcoin remained largely unchanged on Saturday, as markets were mostly unmoved by comments from the Federal Reserve’s chair, Jerome Powell. Speaking at the annual Jackson Hole symposium, Powell hinted that more hikes were in the cards. Ethereum moved back towards a recent support point.
Bitcoin
Bitcoin continued to trade near the $26,000 region to start the weekend, as markets failed to react to…
Shiba inu was one of Saturday’s notable gainers, as price rebounded from recent lows to start the weekend. Today’s rebound comes as the global crypto market cap moved into the green earlier in the session. XRP was also higher on Saturday.
Shiba Inu (SHIB)
Shiba inu…
Over 680,000 Ethereum Added to Liquid Staking Protocols in Just 28 Days – Defi Bitcoin News
August 27, 2023
In less than a month, despite a downturn in cryptocurrency markets, over 680,000 ethereum (ETH) has been added to liquid staking derivatives protocols. Lido Finance, the leading liquid staking platform, experienced a supply increase of 5.94%, surging from 7.91 million to…
Binance Renames Russian Bank Cards Amid US Sanctions Probe, Report – Exchanges Bitcoin News
August 26, 2023
Crypto exchange Binance has replaced the names of cards issued by Russian banks with colors, Russian media revealed amid reports of a U.S. investigation into potential sanctions violations. The changes concern the ruble exchange feature on Binance’s peer-to-peer platform.
Russian Traders on Binance Offered ‘Green’ and ‘Yellow’ Cards as Payment Options
Binance, the world’s largest…
