ED Seizes ‘Biggest’ Crypto Fund Worth Rs. 1,646 crore in PMLA Case

ED Seizes ‘Biggest’ Crypto Fund Worth Rs. 1,646 crore in PMLA Case

#news #newstoday #tech #technews #latestnews #techupdates #newsupdates The Enforcement Directorate (ED) has seized its biggest-ever cryptocurrency worth Rs 1,646 crore as part of a “mega” money laundering investigation into a fraud investment scheme where numerous depositors were duped in the name of securities investment, official sources said. The Ahmedabad office…

South Korea’s FSC Unveils Plan to Define Corporate Participation in Virtual Digital Asset Market 

South Korea’s FSC Unveils Plan to Define Corporate Participation in Virtual Digital Asset Market 

#news #newstoday #tech #technews #latestnews #techupdates #newsupdates South Korea is collaborating with various internal authorities to develop its Web3 market. In a recent move, the Financial Services Commission (FSC) unveiled a roadmap to gradually integrate local corporations into the VDA market, which primarily consists of cryptocurrencies. Looking ahead, South Korea…

US SEC Gives Initial Approval to Combined Bitcoin, Ether ETF

US SEC Gives Initial Approval to Combined Bitcoin, Ether ETF

#news #newstoday #tech #technews #latestnews #techupdates #newsupdates The US Securities and Exchange Commission on Thursday approved part of an application for a novel exchange-traded fund that would track the two largest cryptocurrencies. The Bitwise Bitcoin and Ethereum ETF from Bitwise Asset Management would seek to provide investors with a balanced exposure to…

US President-Elect Donald Trump Said to Plan Elevation of Cryptocurrency as a National Priority

US President-Elect Donald Trump Said to Plan Elevation of Cryptocurrency as a National Priority

#news #newstoday #tech #technews #latestnews #techupdates #newsupdates President-elect Donald Trump is planning to release an executive order elevating crypto as a policy priority and giving industry insiders a voice within his administration, according to people familiar with the plans. The order is expected to name crypto as a national imperative…

Truth Social crypto deal to acquire Bakkt could put Trump on collision course with Kathy Hochul: sources
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Truth Social crypto deal to acquire Bakkt could put Trump on collision course with Kathy Hochul: sources

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Donald Trump’s bid to acquire struggling cryptocurrency firm Bakkt could face a turbulent approval process in New York that would put him on a collision course with Gov. Kathy Hochul’s administration, The Post has learned. Trump Media and Technology Group (TMTG), the parent…

Trump names David Sacks as White House AI and cryptocurrency czar
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Trump names David Sacks as White House AI and cryptocurrency czar

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines President-elect Trump named former PayPal Chief Operating Officer David Sacks to be his White House artificial intelligence (AI) and cryptocurrency czar. “In this important role, David will guide policy for the Administration in Artificial Intelligence and Cryptocurrency, two areas critical to the future…

Crypto’s ‘Middle Child’ Ethereum Flounders as Rivals Gain Ground

Crypto’s ‘Middle Child’ Ethereum Flounders as Rivals Gain Ground

Ethereum faces pressing questions over its direction as a rejigged user experience saps activity and fees, stoking uncertainty about whether the blockchain will continue to underpin commerce in crypto. Critics point to a growing reliance on so-called Layer-2 blockchains, built on top of Ethereum to improve otherwise clunky and costly…

Oklahoma woman with Parkinson’s Disease duped out of ,000 in bitcoin scam
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Oklahoma woman with Parkinson’s Disease duped out of $20,000 in bitcoin scam

An elderly Oklahoma woman stricken with Parkinson’s Disease lost $20,000 in a cryptocurrency ploy that was crafted as a scam within a scam, according to her daughter. Jamie Moore, the daughter of 77-year-old scam victim Marsha, knew that a swindler had tried to reach out to her mother when she…

Bitcoin surges to all-time high above K on Trump win
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Bitcoin surges to all-time high above $84K on Trump win

Bitcoin soared on Monday to fresh all-time highs on Donald Trump’s White House win after he staked his claim as a pro-crypto presidential candidate during his campaign. The pricey cryptocurrency jumped 5.5% on Monday to $84,788.81. It had spiked about 9% on Wednesday after early morning election results showed Trump…