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BRICS to Discuss Alternative Payment Platforms at Upcoming Summit
24.9.2024
Russian Foreign Minister Sergey Lavrov announced that a report on alternative payment systems for BRICS nations will be presented at an upcoming summit in Kazan. The proposal, led by Brazilian President Lula da Silva, seeks to reduce reliance on traditional financial platforms. Lavrov emphasized...
BRICS Beats Dollar Dependence: National Currency Settlements Exceed USD Payments
22.9.2024
The BRICS bloc might have already overcome its dollar-dependence problem, as the volume of settlements in the national currencies of its member nations has already surpassed the USD-based exchanges. Using the U.S. dollar can lead to expenses that can be avoided when paying with other currencies...
Indian Supreme Court recovers YouTube account from XRP scammers
21.9.2024
XRP scammers hacked the Supreme Court of India’s YouTube account, and although it was recovered, it lost its subscriber base
Supreme Court of India’s Youtube Channel Hacked to Promote XRP Scam
21.9.2024
The Youtube channel of India’s Supreme Court was compromised, promoting a scam involving XRP cryptocurrency instead of its usual live hearings. The breach temporarily shut down the channel, but services resumed later that day. Ripple CEO Brad Garlinghouse responded, condemning...
FATF Urges India to Strengthen Virtual Asset Regulation
21.9.2024
India has achieved a high level of technical compliance with Financial Action Task Force (FATF) standards, addressing illicit finance, money laundering, and terrorist financing. In a joint assessment with regional bodies, the FATF praised India’s progress but pointed out areas needing...
YouTube Page of India's Supreme Court Hacked to Promote XRP
20.9.2024
The channel streams hearings of notable court cases but temporarily showed promotional videos of XRP and Ripple Labs before being taken down
XRP Scammers Target India’s Supreme Court YouTube
20.9.2024
In a shocking incident, the official YouTube channel of the Supreme Court of India was hacked and used…
Supreme Court of India YouTube channel hijacked to shill XRP
20.9.2024
India's Supreme Court YouTube channel fell victim to a Ripple and XRP scam, promoting fraudulent investments via a fake livestream
Indian crypto exchange WazirX struggles to recover funds 60 days after hack
19.9.2024
WazirX’s $235 million hack recovery efforts face hurdles as internal findings yield little to no significant breakthroughs.
WazirX Hacker Moves $32M Stolen Ether in Four Days to Tornado Cash as Binance Denies Founder’s Claims
19.9.2024
WazirX founder Nischal Shetty claimed earlier this month that the ultimate owner of the crypto exchange was Binance - a statement the latter has denied
Binance Rejects Wazirx’s Claims — Denies Responsibility for Hack Consequences
18.9.2024
Crypto exchange Binance has responded to accusations from Wazirx and Zettai about how its dispute with Wazirx affects user funds lost in the July cyberattack. The company insists that responsibility for the incident lies with Wazirx’s management under Zanmai and Zettai, not Binance. Rejecting...
BRICS Payment Platforms Gain Momentum as US Dollar Alternatives, Says Russian Official
17.9.2024
BRICS’ new payment platforms, which offer alternatives to the U.S. dollar and euro, are attracting global attention, according to Russian Foreign Minister Sergey Lavrov. These systems enable countries to conduct economic activities without relying on currencies used as political tools...
Wazirx Users May Face Delays Amid Binance Dispute and Moratorium Uncertainty
13.9.2024
Indian cryptocurrency exchange Wazirx has warned users that they may have to wait until the dispute with Binance is resolved if the moratorium, filed in Singapore, is not granted. Wazirx explained that Zettai holds the cryptocurrency tokens under protest. “If Binance is deemed the owner,...
BRICS Gains Global Appeal as 34 Countries Show Interest, Putin Reveals
13.9.2024
Russian President Vladimir Putin revealed that 34 countries have shown interest in joining BRICS activities, highlighting the global appeal of the group. He detailed Russia’s role in facilitating the integration of new members, sharing updates on BRICS activities under Russia’s...
Indian Police Investigate Cryptocurrency Fraud Targeting Ex-Servicemen
12.9.2024
Three former servicemen in India have lodged a complaint with the Chandannagar police, Pune, accusing eight officials from a trading firm of defrauding them of over Rs. 79.81 lakh (approximately $96,000) through a cryptocurrency scam since 2022. The ex-servicemen had invested their retirement...
India, Nigeria, Indonesia Lead Chainalysis 2024 Crypto Adoption Index
12.9.2024
India, Nigeria, and Indonesia top Chainalysis’ latest global crypto adoption index, which ranks 151 countries based on grassroots cryptocurrency usage, adjusted for population and purchasing power. The report notes strong growth in crypto activity, particularly in lower-income nations....
Report: India Tops Global Crypto Adoption; Surge in Asia-Pacific
11.9.2024
The cryptocurrency landscape in Central & Southern Asia and Oceania (CSAO) is changing, with each country carving out…
India and Nigeria Lead the World in Crypto Adoption Again, but Indonesia Is Fastest Growing: Chainalysis
11.9.2024
India and Nigeria have maintained the top two positions in the world in terms of grassroots crypto adoption but Indonesia is the fastest growing, according to blockchain analytics firm Chainalysis' annual report released Wednesday
India tops global crypto use despite offshore exchange ban
11.9.2024
India ranked first in Chainalysis’ 2024 Global Crypto Adoption Index, in addition to ranking second in the CSAO region in terms of crypto value received
WazirX Hacker Moves $11M Stolen Ether to Tornado Cash
9.9.2024
The hacker, widely suspected to be an entity from North Korea, moved $6 million in stolen funds for the first time last week