Paytm Payments Bank Ban May Hurt Crypto Users in India
The RBI has imposed sanctions on the Paytm Payments Bank, banning it from accepting deposits or top-ups. This move could affect the crypto market in India, as Paytm is a popular mode of payment for crypto purchases. Crypto users may have to look for alternative payment methods and banks. The Paytm Payments Bank, a subsidiary […]
Binance CEO Praises XRP Ledger Foundation for Handling XRP Hack
Binance CEO Richard Teng praised the XRP Ledger Foundation for their quick and effective response to a recent security breach that involved the personal wallets of Ripple Labs Co-Founder Chris Larsen. Teng also highlighted the role of the community and the exchange in flagging and freezing the stolen XRP. The breach resulted in the loss […]
Worldcoin Faces Privacy Probe in Hong Kong
Worldcoin, a crypto project backed by Sam Altman, has been investigated by the Office of the Privacy Commissioner in Hong Kong for potential privacy risks. The project uses iris verification to distribute its tokens, which may violate the Privacy Ordinance and expose sensitive biometric data. According to a translated version of a statement released by […]
SEC Drops Lawsuit Against Crypto Firm DEBT Box Amid Criticism
The SEC has withdrawn its lawsuit against DEBT Box, a crypto firm accused of selling unregistered securities and defrauding investors. The decision marks a major setback for the SEC in its crypto enforcement actions and has sparked backlash from the legal and crypto communities. The United States Securities and Exchange Commission (SEC) has withdrawn its […]
Binance Endorses Jupiter Exchange with JUP Listing
Jupiter Exchange (JUP), a Solana-based decentralized exchange, has received a boost from Binance, the world’s leading crypto exchange, which has decided to list the JUP token on its platform. The listing has coincided with a surge in trading volume for Jupiter Exchange, which has climbed to the second spot among decentralized exchanges. Jupiter Exchange (JUP), […]