Crypto Currency

India Clamps Down on Crypto: $190 Million Seized in Bitconnect Ponzi Scheme Probe

Indian authorities have confiscated nearly US$190M (AU$299M) in cryptocurrency as part of an ongoing investigation into Bitconnect, a global Ponzi scheme that collapsed in 2018.  The Enforcement Directorate (ED) in Ahmedabad reported the seizure, stating that the funds were linked to a fraudulent investment scheme that misled thousands of investors: Related: Trump-Backed DeFi to Boost

Published 1 year ago in
India Clamps Down on Crypto: $190 Million Seized in Bitconnect Ponzi Scheme Probe

Indian authorities have confiscated nearly US$190M (AU$299M) in cryptocurrency as part of an ongoing investigation into Bitconnect, a global Ponzi scheme that collapsed in 2018.  The Enforcement Directorate (ED) in Ahmedabad reported the seizure, stating that the funds were linked to a fraudulent investment scheme that misled thousands of investors: Related: Trump-Backed DeFi to Boost […]
The post India Clamps Down on Crypto: $190 Million Seized in Bitconnect Ponzi Scheme Probe appeared first on Crypto News Australia…
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Crypto Currency

Crypto Black Swan: BTC & XRP Plunge as $20B Is Stolen On-Chain – How Can Investors Protect Passive Income?

The cryptocurrency market has recently experienced another period of significant volatility. With the continued decline of BTC and XRP, news suddenly broke that over $20 billion in assets had been allegedly transferred or stolen on-chain, triggering panic among many investors. While the exact amount is still under investigation…

Published 13 hours ago in

The cryptocurrency market has recently experienced another period of significant volatility. With the continued decline of BTC and XRP, news suddenly broke that over $20 billion in assets had been allegedly transferred or stolen on-chain, triggering panic among many investors. While the exact amount is still under investigation…
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Crypto Currency

Ripple XRP Just Crashed to a Multi-Month Low on Its 14th Birthday

Ripple XRP has hit a multi-month low at $1.16. Discover what this means for the future of the cryptocurrency market. The post Ripple XRP Just Crashed to a Multi-Month Low on Its 14th Birthday appeared first on Cryptonews…

Published 13 hours ago in

Ripple XRP has hit a multi-month low at $1.16. Discover what this means for the future of the cryptocurrency market.
The post Ripple XRP Just Crashed to a Multi-Month Low on Its 14th Birthday appeared first on Cryptonews…
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Crypto Currency

Bitcoin Price In ’Vulnerable Position’ As 2022 Playbook Repeats – Is $54,000 Next?

While Bitcoin (BTC) trades at its lowest levels in months, some market watchers have warned that the leading crypto may be preparing for another major drop as it retests a critical technical area that has historically marked a turning point. Related Reading: Zcash Fixes Critical Orchard Vulnerability As ZEC Holds $600 Support Bitcoin Tags Key

Published 14 hours ago in
Bitcoin Price In ’Vulnerable Position’ As 2022 Playbook Repeats – Is $54,000 Next?

While Bitcoin (BTC) trades at its lowest levels in months, some market watchers have warned that the leading crypto may be preparing for another major drop as it retests a critical technical area that has historically marked a turning point. Related Reading: Zcash Fixes Critical Orchard Vulnerability As ZEC Holds $600 Support Bitcoin Tags Key 200‑Week SMA After Four Years After falling 15% over the past four days…
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Crypto Currency

Injective Price Falls 17% After Major Support Break, More Downside Ahead?

Injective price has fallen to $5.27 after breaking below a key technical support zone as the broader crypto market remains under pressure. The breakdown comes amid Bitcoin’s sharp decline, increasing the risk of further downside unless buyers quickly regain control…

Published 14 hours ago in
Injective Price Falls 17% After Major Support Break, More Downside Ahead?

Injective price has fallen to $5.27 after breaking below a key technical support zone as the broader crypto market remains under pressure. The breakdown comes amid Bitcoin’s sharp decline, increasing the risk of further downside unless buyers quickly regain control…
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