Delhi Police have dismantled an interstate gang accused of duping victims under the pretext of cryptocurrency transactions, arresting four men linked to the operation. The suspects—Anish Khan (60), Saud Alam (46), Md Harun (55), and Abdul Kadir alias Guddu (40)—allegedly posed as police officers to intimidate victims and seize cash. The scheme targeted individuals seeking… Continue reading Delhi Police Foil Interstate Gang Exploiting Cryptocurrency Scams
Category: Cryptocurrency
Crypto Dollars Fuel Political Ad Blitz in Illinois Primaries
The 2026 Illinois primary season is witnessing an unprecedented surge in attack ads, driven by major cryptocurrency-backed super PACs. Fairshake, a pro-crypto political action committee (PAC), is deploying nearly Rs. 1,600 crore ($200 million) to influence congressional races, focusing on candidates perceived as hostile to digital currency and fintech-friendly legislation. Contributors include crypto giants such… Continue reading Crypto Dollars Fuel Political Ad Blitz in Illinois Primaries
XRP’s Strategic Path: Building a Vertically Integrated Financial Ecosystem
XRP is rapidly transforming from a fast, low-cost payments token into a vertically integrated financial ecosystem, targeting institutional adoption and asset management. With the XRP Ledger (XRPL) now featuring a decentralized exchange (DEX) and automated market maker (AMM), Ripple is enabling on-chain trading without traditional intermediaries. Recent updates show growing traction, with daily trading on… Continue reading XRP’s Strategic Path: Building a Vertically Integrated Financial Ecosystem
XRP vs. Cardano: Where Should Rs. 3,500 Be Deployed for a Five-Year Crypto Bet?
Investors weighing a Rs. 3,500 allocation in cryptocurrency face a strategic choice between XRP and Cardano—two established digital assets with contrasting value propositions. XRP is engineered as a cross-border payments infrastructure targeting institutional finance, while Cardano emphasizes decentralized applications and research-driven blockchain architecture. With crypto markets entering a maturing phase marked by regulatory scrutiny and… Continue reading XRP vs. Cardano: Where Should Rs. 3,500 Be Deployed for a Five-Year Crypto Bet?
Panic on the Blockchain: Iranian Crypto Exchange Records 700% Withdrawal Surge After Tehran Airstrikes
Iran’s largest cryptocurrency exchange experienced a dramatic 700 percent spike in withdrawals within minutes of US and Israeli airstrikes on Tehran, underscoring how geopolitical shocks can trigger immediate digital capital flight. Blockchain analytics indicate that approximately Rs. 10.3 million in crypto assets exited major Iranian platforms within 72 hours of the strikes. The withdrawals coincided… Continue reading Panic on the Blockchain: Iranian Crypto Exchange Records 700% Withdrawal Surge After Tehran Airstrikes
Bitcoin Slides Below Rs. 67,000 as Escalating Iran Conflict Rattles Global Markets
Bitcoin fell sharply after briefly reclaiming the Rs. 70,000 level, as rising fears of a prolonged conflict involving Iran triggered a broad retreat from risk assets. The world’s largest cryptocurrency declined as much as 4.4 percent to Rs. 66,348 before stabilizing near Rs. 66,800 in early New York trading. The selloff intensified alongside steep losses… Continue reading Bitcoin Slides Below Rs. 67,000 as Escalating Iran Conflict Rattles Global Markets
Southeast Asia Tightens Grip on Crypto Mining as Power Theft and Energy Strains Mount
Governments across Southeast Asia are intensifying scrutiny of cryptocurrency mining as illegal operations, electricity theft and cybercrime networks proliferate. In Malaysia alone, state utility losses from unauthorized power usage linked to crypto miners have exceeded Rs. 1 billion since 2020. Authorities warn that the promise of “cheap” electricity has translated into grid instability, public safety… Continue reading Southeast Asia Tightens Grip on Crypto Mining as Power Theft and Energy Strains Mount
Riot Platforms Achieves Record Revenue in 2025 Despite Mounting Industry Pressures
Riot Platforms delivered record revenue of Rs. 647.4 million in 2025, marking a 72 percent year-over-year increase, even as the broader Bitcoin mining industry grappled with tighter margins and heightened competition. The surge was fueled primarily by Rs. 576.3 million in mining revenue, supported by higher average Bitcoin prices and expanded operational hash rate. Annual… Continue reading Riot Platforms Achieves Record Revenue in 2025 Despite Mounting Industry Pressures
Core Scientific to Liquidate Majority of Bitcoin Reserves in 2026 to Accelerate AI Expansion
Core Scientific plans to sell substantially all of its Bitcoin holdings in 2026, directing proceeds toward artificial intelligence and high-performance computing expansion. The Nasdaq-listed miner held 2,537 Bitcoin valued at Rs. 222 million at the end of 2025 and has already sold approximately 1,900 coins for nearly Rs. 175 million in January. The move reflects… Continue reading Core Scientific to Liquidate Majority of Bitcoin Reserves in 2026 to Accelerate AI Expansion
Bitcoin Mining Profitability Squeezed as Market Downturn Reshapes Industry Economics
A fresh downturn in cryptocurrency markets has sharply eroded the profitability of Bitcoin mining, according to industry analysts monitoring production costs and revenue metrics. Declining digital asset prices, elevated network difficulty and persistently high energy expenses have converged to pressure miners’ margins. Smaller operators appear particularly vulnerable, with breakeven thresholds now exceeding prevailing market prices… Continue reading Bitcoin Mining Profitability Squeezed as Market Downturn Reshapes Industry Economics