by Jennifer George | July 19, 2024 | Breaking, Cryptocurrencies, Currencies, Trending Now
WazirX, one of the few Financial Intelligence Unit (FIU)-registered crypto exchanges in India, suffered a $230 million security breach on July 18, 2024. The crypto exchange confirmed the breach in a post on X (formerly Twitter) nearly 24 hours ago. Upon detecting...
by Jennifer George | July 17, 2024 | Cryptocurrencies, Currencies, News
Money laundering is often dubbed the “washing” of illicit funds, most commonly facilitated through the purchase of real estate. However, recent shifts in money laundering trends indicate a crypto-forward approach to introducing funds into the financial...
by Jibran Munaf | July 16, 2024 | Currencies, News
The dollar inched away from five-week lows on Tuesday, as investors weighed the case for a September rate cut following comments by Fed Chair Jerome Powell and considered rising odds for the re-election of former U.S. President Donald Trump. The slight strengthening...
by Jennifer George | July 15, 2024 | Cryptocurrencies, Currencies, News, Trending Now
Former US President Donald J. Trump’s attempted assassination on July 14, 2024, pushed Bitcoin to hit a two-week high on Monday. After Trump’s shooting in Pennsylvania, Bitcoin rose 8.6% to $62,508, touching a two-week high of $62,698 earlier in the...
by Jibran Munaf | July 15, 2024 | Currencies, News
The dollar rose broadly and pushed the euro 0.21% lower to $1.0887, while sterling fell 0.18% to $1.2966. The dollar rose on safety bids on Monday in the wake of the attempted assassination of former U.S. President Donald Trump, which in turn left the yen struggling...
by Jennifer George | July 9, 2024 | Cryptocurrencies, News
In 2024, crypto theft amounted to $1.38 billion from January 1st to June 24th, according to a report published by TRM Labs. The data suggests, the stolen crypto wealth has doubled in 2024 compared to the $657 million that was stolen in 2023 between the same timeframe....
