Indian Scammers Exploit Tether’s USDT to Move Funds Abroad

Indian scammers are exploiting stablecoins like USDT to move illicit funds internationally. Police in Rajasthan arrested suspects involved in laundering over INR 1 crore via USDT stablecoin. Authorities previously busted a similar scam, arresting 15 people linked to USDT laundering . Cybercriminals in India are increasingly exploiting blockchain technology to move illicit funds across borders, with…

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China’s Court Bans Crypto Futures Trading, Labeling It Illegal Gambling

A Chinese court has drawn a firm line on crypto derivatives trading, branding it as illegal gambling in a ruling that could reshape the nation’s digital asset landscape. The court found employees and agents of BKEX crypto exchange guilty of facilitating illicit financial activities through perpetual contracts. Despite nailing its employees, BKEX founder is still…

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Dogecoin Rallies amid Whale Activity and ETF Hype: $0.50 Next?

Dogecoin forms a Morningstar pattern, signaling a potential reversal with a $0.40 breakout on the horizon. Over 500 million DOGE were accumulated by whales in 24 hours, reflecting strong institutional backing. RSI sustains above the halfway level, and EMA lines align positively, maintaining a strong buy signal. Anticipated Dogecoin ETF approval within 75 days could…

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