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Sindhu

Budding crypto writer with a keen interest in providing fresh insights and the latest updates in the crypto space. Enthusiastic about translating complex crypto concepts into clear, actionable information for readers.

Posts by Sindhu

Bridge Acquired by Stripe in Historic $1.1 Billion Crypto Deal

Bridge Acquired by Stripe in Historic $1.1 Billion Crypto Deal

Stripe has acquired stablecoin platform Bridge in a landmark deal valued at $1.1 billion. TechCrunch founder Michael Arrington confirmed the news on X, making it Stripe’s largest acquisition ever. The deal also stands as the biggest acquisition in the history of the cryptocurrency industry. Bridge provides software that allows businesses

October 21, 2024 2 mins read
UAE’s RAK DAO to Launch Legal Framework for DAOs

UAE’s RAK DAO to Launch Legal Framework for DAOs

The UAE’s Ras Al Khaimah Digital Assets Oasis (RAK DAO) plans to introduce a legal framework for decentralized autonomous organizations (DAOs). This framework will be discussed at the DAO Legal Clinic, an event organized by the law firm NeosLegal, on October 25. Significantly, the new framework aims to clarify the

October 18, 2024 2 mins read
Radiant Capital Cyber Attack Leads to $50M Losses from Trojan Exploit

Radiant Capital Cyber Attack Leads to $50M Loss from Trojan Exploit

Radiant Capital, a cross-chain lending protocol backed by Binance Labs, fell victim to a serious cyber attack. It resulted in losses exceeding $50 million in cryptocurrency On October 16, 2024. This incident underscores the significant vulnerabilities within decentralized finance (DeFi) platforms. Attackers gained control of the private keys belonging to

October 18, 2024 2 mins read
Indian Citizen Sentenced for $20M Crypto Spoofing Scheme

Indian Citizen Sentenced for $20M Crypto Spoofing Scheme

Chirag Tomar, a 31-year-old Indian Citizen, was sentenced today to 60 months in prison for his role in a cryptocurrency spoofing scheme that defrauded victims of more than $20 million. U.S. District Judge Kenneth D. Bell issued the sentence in Charlotte, North Carolina. Tomar’s scheme involved hundreds of victims worldwide,

October 18, 2024 2 mins read
RWA Tokenization Market Anticipated to Surge 50x By 2030

RWA Tokenization Market Anticipated to Surge 50x By 2030

The real-world asset (RWA) tokenization sector is expected to grow remarkably, with estimates predicting an increase of up to 50 times by 2030. A recent report by Tren Finance indicates that the market size could soar from its current valuation of approximately $185 billion to between $4 trillion and $30

October 16, 2024 2 mins read
John Deaton and Elizabeth Warren Clash in Senate Over Bitcoin and Crypto Rules

John Deaton and Elizabeth Warren Clash in Senate Over Crypto Regulations

John Deaton and Elizabeth Warren engaged in a Senate debate on cryptocurrency regulations, showing clear differences in their views. Deaton, a crypto advocate, argued for a balanced approach. He warned that over-regulation could stop innovation in the sector. He pointed to Bitcoin and XRP as examples of crypto’s ability to

October 16, 2024 3 mins read
Elon Musk's Tesla Transfers Bitcoin Holdings Worth 765M Dollars

Elon Musk’s Tesla Transfers Bitcoin Holdings Worth 765M Dollars

Elon Musk’s Tesla has made its first significant Bitcoin move in over two years, transferring around 11,500 BTC valued at approximately $765 million. The transaction, revealed by Arkham Intelligence, occurred on October 16, 2024, in multiple batches.  It has stirred considerable interest in the cryptocurrency world. These Bitcoin transfers were

October 16, 2024 2 mins read
Bitgert (BRISE) Sets Sights on New Highs as Bulls Charge Ahead

Bitgert (BRISE) Sets Sights on New Highs as Bulls Charge Ahead

Bitgert (BRISE) has recently experienced notable upward momentum, surging by 6.53% in the last 24 hours, according to CoinMarketCap. Its current price stands at $0.0000008099, backed by a market cap of $32.05 million. The trading volume has also increased by 7.92%, reaching $1.17 million. In line with recent market sentiment,

October 15, 2024 2 mins read
BlackRock CEO Larry Fink Embraces Bitcoin as Core Asset

BlackRock CEO Larry Fink Embraces Bitcoin as Core Asset

BlackRock CEO Larry Fink, during the Q3 2024 earnings call, described Bitcoin as a “core asset class,” signalling a major shift in the perception of cryptocurrencies by one of the largest asset managers in the world.  Bloomberg ETF analyst Eric Balchunas shared Fink’s full quote from the earnings call, where

October 15, 2024 2 mins read
UAE Central Bank Launches First Dirham Pegged Stablecoin

UAE Central Bank Launches First Dirham Pegged Stablecoin

The Central Bank of the UAE has granted in-principal approval for the first AED stablecoin. Furthermore, this milestone, announced on October 13, 2024, marks a significant advancement in the UAE’s digital currency landscape. The stablecoin will be pegged to the UAE dirham, aiming to provide stability for digital transactions. Al

October 14, 2024 1 min read