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,
Dogecoin and TRON are holdovers from the “Golden Era” of crypto, with each having been around for the past two bull runs. However, the window for parabolic wealth generation for either has already gone. Instead, analyst forecasts predict debuting revenue sharing DeFi protocol to outperform both in the coming years.
The crypto market is briefly rebounding as the anticipated October momentum steamed. The altcoin, Injective (INJ) has soared over 10% in the early hours, crossing the $23 mark. The INJ rally coincides with the listing on the South Korean crypto exchange, Upbit. Upbit has officially listed Injective (INJ) to its
Cardano (ADA) has been experiencing market turbulence, with traders showing caution despite recent bullish attempts. After hitting a two-week high of $0.3711, ADA faced renewed selling pressure, dropping 4.24% in the past 24 hours to $0.3443. Trading volume has also decreased by 39%, further reflecting market hesitation. A key technical
WazirX, India’s largest cryptocurrency exchange, is facing backlash over its slow response to a $200 million hack and its mismanagement of a poll regarding debt restructuring. In line with Singapore High Court directives, WazirX recently disclosed over 240,000 wallet addresses as part of its parent company, Zettai Pte Ltd’s restructuring
The cryptocurrency market is recovering from the bear hold after Bitcoin broke above $68K. While the largest altcoin, Ethereum (ETH) has not yet gained substantially. Notably, this month opened with an anticipated bull run, as it’s considered as Uptober. Over the day, the altcoin recorded the lowest price at $2,592.
XRP has regained momentum, hitting a two-week high of $0.5666, marking a 2.72% surge in the past 24 hours, though it slightly retreated to $0.5573. The altcoin’s trading volume saw a notable 16% increase, reflecting heightened market activity. Despite the recent recovery, XRP is still down 5% over the past
The meme coin, Dogecoin (DOGE) has witnessed a steady shift from the downtrend. The ongoing price momentum of DOGE suggests a growing bullish trend. In the last 24 hours, the meme token gained over 11.75%. The current price oscillation might take the DOGE price ahead. Looking at the intra-day trading,
Former U.S. President Donald Trump has surged ahead in betting odds for the upcoming presidential election, holding a 16% lead over Democratic candidate Kamala Harris on the decentralized prediction market platform, Polymarket. As of Tuesday night, Trump’s odds of winning stood at 57.9%, while Harris’ chances were at 41.8%. This
Bitcoin’s (BTC) substantial surge above $67K has made bullish anticipations within the crypto market. BTC broke through the crucial resistance level to begin trading at the current mark. The largest asset has experienced a modest 2.59% increase over the past 24 hours. Besides, analysts mentioned the recent Bitcoin rally to
