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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…
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…
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…
Bitwise has filed for a Dogecoin ETF in Delaware, marking a big step in meme coin adoption. Dogecoin remains steady at $0.3535, showing a slight 3% dip in the past 24 hours. Analysts predict a bullish breakout for Dogecoin, with some forecasting a long-term price target of $15. San Francisco-based crypto asset manager Bitwise Asset…