Bitget’s 2025 Anti-Scam Research Report estimates that global crypto scams led to losses of $4.6 billion (roughly Rs. 39,364 crore) in 2024. CEO Gracy Chen noted that AI has made these scams faster, cheaper, and more difficult to detect.
Coinbase has introduced a crypto credit card in partnership with American Express. A blog post by Coinbase claimed that the card would waive trading fees on the first $500 (roughly Rs. 43,000) earned in trades. Meanwhile, USDC stablecoin holders will be able to gain additional rewards.
The overall crypto market cap dipped by 4.14 percent in the last 24 hours. Bitcoin and Ether, both registered losses on Friday, June 13. Market analysts highlighted that the other cryptos within the top 10 list are also facing a similar pullback, which suggests the correction could persist for a few more days.
The CBI on Wednesday said it has arrested a person as part of a crackdown on a cybercrime racket. Cryptocurrencies worth Rs. 2.8 crore along with unaccounted cash amounting to Rs. 22 lakh were seized from the possession of the accused, Rahul Arora.
US senators Elizabeth Warren and Richard Blumenthal have asked Meta CEO Mark Zuckerberg to clarify whether the company intends to launch its stablecoin. The letter to Meta, dated June 11, follows a recent Fortune report that claimed the company is exploring stablecoins to facilitate cost-effective cross-border payouts.
The overall crypto market cap rose by 0.81 percent in the past 24 hours. While Bitcoin and Ether saw slight movements, both continued to trade at elevated levels. On Wednesday, June 11, altcoins such as Monero, Litecoin, and Shiba Inu recorded gains. In contrast, Ripple, Solana, and Dogecoin experienced price dips, with Ripple and Dogecoin ending the day in the red.
The UK government appointed Andrew Small as the first crypto specialist in the Insolvency Service, which is responsible for the recovery and tracing assets linked to bankrupt individuals or liquidated companies. In the past five years, the number of insolvency cases involving crypto as a recoverable asset have clocked a massive increase of 420 percent, as per the UK government
South Korea's newly elected President, Lee Jae-myung plans to permit local companies to issue stablecoins in South Korea. The country is already a hotbed for crypto activity. More than a third of the population, or around 18 million people, participate in digital-asset markets.
Zettai, the parent company of crypto exchange WazirX, has approached the Singapore High Court seeking a reassessment of its financial restructuring plan. The filing also requests an extension of the ongoing moratorium, which has protected both Zettai and WazirX from creditor lawsuits while the company works on its reimbursement strategy.
A team of cybersecurity researchers have found over 20 apps on the Google Play Store which were targeting cryptocurrency wallet users. According to a report by a cybersecurity research firm, these crypto-phishing applications impersonated legitimate crypto wallets such as Hyperliquid, PancakeSwap, and Raydium. Threat actors leveraged phishing tactics and compromised or repurposed developer accounts, forcing users to enter their 12-word mnemonic phrase in a false wallet interface and gaining access to their real wallets.
Circle's stock went as high as $123.49 (roughly Rs. 10,566), nearly four times its $31 (roughly Rs. 2,650) offer price and valuing the company at $32.1 (roughly Rs. 2,74,676 crore) billion on a fully diluted basis. The blockbuster listing also reinforced expectations that the IPO market was regaining its momentum after being stifled by tariff-driven volatility.
Sam Altman's Tools for Humanity is rolling out its eyeball-scanning Orb devices to the UK. The spherical Orbs will be at dedicated premises in shopping malls and on high streets, said Damien Kieran, chief legal and privacy officer at Tools for Humanity.
The overall crypto market cap underwent a slight slip by 0.16 percent in the last 24 hours. Bitcoin and Ether saw losses on Monday, June 9 alongside Tether, Tron, and Stellar among other assets. Small gains were retained by Solana, Ripple, and Bitcoin Cash.
Uber is looking to reduce the costs of processing international money transfers, and it is now analysing if stablecoins can help in the process. Dara Khosrowshahi, the CEO of Uber, spoke about Uber's ongoing stablecoin study phase during the Bloomberg Tech conference held this week in San Francisco.
The overall crypto market tumbled by 2.70 percent over the last day. Bitcoin and Ether, both saw losses on Friday, June 6. The escalating tensions between Trump and Musk seem to have significantly impacted market sentiment. A majority of altcoins registered losses on Friday, including Solana, Dogecoin, Cardano, and Chainlink.
Circle Internet's shares more than doubled in their debut on the New York Stock Exchange on Thursday. The New York-based company's stock opened for trading at $69 (roughly Rs. 5,920) apiece, valuing the stablecoin issuer at nearly $18 billion (roughly Rs. 1,54,356 crore), on a fully-diluted basis.
The Ethereum Foundation (EF) has revamped its treasury strategy. The EF plans to prioritise the refinement its asset-liability management policy by factoring-in the risk, duration, and liquidity parameters, it said in its statement on June 4.
USDC-issuer Circle priced its upsized US initial public offering (IPO) at $31 (roughly Rs. 2,660) apiece, raising $1.05 billion (roughly Rs. 9,001 crore), adding fresh momentum. Circle will start trading on the NYSE under the symbol "CRCL" on Thursday.
WazirX users affected by the $230 million (roughly Rs. 1,970 crore) hack are set to face further delays before their money is reimbursed. On Wednesday, the Singapore High Court rejected the crypto exchange's restructuring scheme, despite it receiving approval from creditors in April. WazirX requires the court's permission to execute the restructuring plan and repay affected users.
The Australian Transaction Reports and Analysis Centre (AUSTRAC) has enforced a deposit and withdrawal limit of AUD 5,000 (roughly Rs. 2.78 lakh) on transactions processed via crypto ATMs. The agency highlighted that elderly individuals are purchasing cryptocurrencies via cash -- with many falling prey to notorious scams and fraudulent schemes.
The valuation of the crypto sector rose slightly by 0.41 percent in the last 24 hours. Bitcoin and Ether, both saw minor gains on Wednesday, June 4. Tether, Ripple, and Solana also registered small profits on the price chart.
The Monetary Authority of Singapore (MAS), recently outlined certain requirements to be fulfilled by the "Digital Token Service Providers (DTSPs) in Singapore, in order to establish more control over crypto-related services. The MAS has also decided to limit licensing for DTSPs.
Robinhood has officially acquired Luxembourg-headquartered crypto exchange Bitstamp. In an announcement posted on June 2, Robinhood revealed that it paid $200 million (roughly Rs. 1,709 crore) in cash to complete this acquisition.
Coinbase said in the May SEC filing that it knew contractors accessed employee data "without business need" in "previous months." A May 14 SEC filing revealed that part of the breach involved an India-based employee of the US outsourcing firm TaskUs photographing her work computer with a personal phone.
In a landslide majority, Meta's stakeholders have decided to not allocate any portion of the company's assets into Bitcoin for now. The volatility of Bitcoin emerged as a matter of concern for Meta.
The overall crypto market cap fell by under one percent in the last 24 hours. Bitcoin and Ether, both registered losses on Monday, June 2. Tether, Solana, and Dogecoin saw losses alongside BTC and ETH. Tron and Monero, meanwhile, logged minor gains.
The crypto market cap tumbled by two percent in the last 24 hours. Both Bitcoin and Ether reflected minor dips on Friday. Solana, Cardano, and Tron also saw price drops alongside BTC and ETH. Ardor and Status are among a handful of altcoins in seeing small gains.
The US SEC has moved to end its legal battle against Binance. The regulator and the exchange’s co-founder Changpeng Zhao filed a joint motion on Thursday to stay the case in the US District Court for the District of Columbia.
Sunil Mittal has urged the government to set clear crypto rules to oversee the sector. The Airtel founder was speaking at the Confederation of Indian Industry's (CII) Annual Business Summit 2025, where he addressed the recent growth of the digital assets sector.
On May 28, JD Vance took centre stage at the ongoing Bitcoin Conference in Las Vegas. As part of his 45-minute-long address, the US Vice President stated that Bitcoin will be strategically integrated into the US financial system to strengthen its position against China as tensions between the two nations remain volatile and intense.
BlackRock plans to acquire about 10 percent of the shares offered in Circle. The stablecoin issuer and some of its shareholders including co-founder and Chief Executive Officer Jeremy Allaire are seeking to raise as much as $624 million (roughly Rs. 5,333 crore) in the offering.
Luxembourg, in its 2025 National Risk Assessment (NRA) report, the country said that crypto companies are at a high risk of being exploited by money launderers. The report also highlighted that human traffickers and migrant smugglers in the region are heavily relying on cryptocurrencies to accumulate, hold, and transfer illicit earnings.
The overall market cap rose by less than one percent in the last 24 hours. Bitcoin and Ether registered minor gains on Wednesday, May 28. Solana, Avalanche, and Shiba Inu saw gains. Meanwhile, some altcoins such as Cardano and Dogecoin registered losses.
New York-based Circle and some existing investors are looking to raise up to $624 million (roughly Rs. 5,339 crore) by offering 24 million shares priced between $24 (roughly Rs. 2,053) and $26 (roughly Rs. 2,225) a piece. Circle is offering 9.6 million shares in the offering.
Trump Media plans to raise about $2.5 billion (roughly Rs. 21,417 crore) to invest in Bitcoin. The move is part of a recent trend of public companies adding Bitcoin and other cryptocurrencies to their balance sheets to capitalise on rising token prices as the Trump administration embraces digital assets.
Elon Musk has revealed that the X Money service will undergo a limited beta testing before being launched. This X Money platform is expected to debut later this year with support for crypto transactions, especially those being facilitated through Bitcoin.
Dubai has launched pilot trials for real estate tokenisation this week. During the trial phase, all transactions will be conducted exclusively in Dirhams, with cryptocurrencies temporarily excluded from the process.
Solana and Swiss watchmaker Franck Muller announced the launch of a limited edition of Web3-enabled luxury watch. The price of this watch is CHF 20,000 (roughly Rs. 20.7 lakh), the announcement revealed.
The overall crypto market cap rose by 1.26 percent in the last 24 hours. Both, Bitcoin and Ether registered profits on Monday, May 26. Cardano, Tron, and Avalanche registered gains alongside BTC and ETH. Meanwhile, Solana joined Dogecoin and Chainlink in clocking losses.
The UK government has instructed crypto firms to collect user details including transaction data under the Crypto Asset Reporting Framework (CARF). The UK officials have said that crypto companies found in violation of these laws can invite penalties of up to GBP 300 (roughly Rs. 35,000).
Some of the largest banks in the US are exploring whether to team up to issue a joint stablecoin. JPMorgan Chase, Bank of America, Citigroup, Wells Fargo and other large commercial banks are reportedly part of the discussions.
HSBC has launched a new tokenised deposit service for Hong Kong-based corporate clients. Singapore-based fintech firm Ant International was the first corporate to use this service that supports real time payments between HSBC Hong Kong wallets throughout the day.
Cetus Protocol said it approximately $223 million (roughly Rs. 1,910 crore) in a security breach. The team is investigating the incident at the moment. The attacker exploited vulnerabilities in Cetus Protocol’s smart contracts, Deddy Lavid, CEO of blockchain security firm Cyvers.
The US stablecoin bill has advanced to the House of Senate for the final approval. Dubbed the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, this legislation aims to set clear rules around the issuing and management of stablecoins in the US.
Bitcoin and Ether, both registered notable gains on Thursday, May 22. The overall crypto market cap rose by 3.56 percent in the last 24 hours. Bitcoin created a new historic all time high, touching $111,593 (roughly Rs. 95.6 lakh) amid supportive developments brewing in the US and other parts of the world.
US President Donald Trump is expected to dine with 220 holders of the "Official Trump" token at a golf course in Virginia on May 22. Justin Sun, the owner of the Tron blockchain, is among the VIP attendees of this gala dinner.
A stablecoin bill was passed in Hong Kong on Wednesday. Christopher Hui, the city's secretary for financial services and the treasury, said this step laid a solid foundation for Hong Kong's virtual asset market.
The overall crypto market cap rose by 0.87 percent in the last 24 hours. Bitcoin and Ether, both registered profits on Wednesday, May 21. Dogecoin, Tron, and Avalanche registered gains. Meanwhile, Ripple joined Cardano and Chainlink in clocking losses.
Coinbase has reportedly claimed that the contractors and employees who were bribed to leak its user data to the cyberattackers were from India. The US Department of Justice (DoJ) has now joined the US Securities and Exchange Commission (SEC) in the ongoing investigation.
A Supreme Court bench of Justice Surya Kant and Justice NK Singh reportedly urged Additional Solicitor General (ASG) Aishwarya Bhati to seek clarification on crypto rules from the central government.
