Author: Simran Mishra

Fake Crypto Website Shows False Profits as Nashik Man Fails to Withdraw Rs. 8.55L Investment

India’s 30% Crypto Tax, 1% TDS Rules Add Pressure on Traders in 2026

NEET Papers Get Six-Layer Protection as NTA Tightens Exam Security Across India

Crypto ITR 2026: Who can file by August 31, report VDA income, claim TDS refund?

The Fun Coffee crypto scheme has reportedly cost investors HK$107.5 million across Hong Kong and Macao. Police arrested eight suspects after receiving 264 complaints linked to the scheme. Victims between 32 and 83 years old lost between HK$3,000 and nearly HK$9.6 million. Police suspect the platform used high returns and personal referrals to attract more investors. Fun Coffee started promoting its investment platform in Hong Kong in late 2025. The company presented itself as a coffee technology and smart farming business. It asked investors to deposit USDT and promised returns as high as 278%. The platform first attracted people through…

Delhi Police arrested six suspects across Rajasthan and Madhya Pradesh after busting an interstate crypto scam targeting a Delhi resident. The gang allegedly stole Rs. 4.29 lakh through online tasks, fake cryptocurrency investments, and fabricated profits displayed on fraudulent trading platforms. The case began after fraudsters contacted the victim through messaging groups, posing as digital marketing recruiters offering quick earnings. Small initial commissions helped build trust before operators shifted the victim toward a bogus cryptocurrency trading platform. The platform showed rising profits, encouraging larger deposits through several bank accounts and UPI payment routes. When the victim attempted withdrawals, scammers demanded…

Clarity Act Could Give Banks, Brokers, and Asset Managers Confidence to Launch More Crypto Products in the US JPMorgan has said that delays in the Clarity Act are slowing the crypto market in the United States. The bank believes the lack of clear rules is stopping many large financial companies from increasing their crypto investments. Bitcoin traded around $64,650 on July 30 while the market continued to move in a narrow range. The warning came after the US Senate delayed work on the Clarity Act before its summer recess. Prediction markets now give the bill only a 37% chance of…

ED Finds Nearly Rs. 19 Crore in Linked Bank Accounts as Fake Call Centre Probe Expands Across Multiple Cities The Enforcement Directorate has alleged that an international fake call centre scam routed money collected from US citizens through cryptocurrency and hawala networks before bringing it into India.  The Hyderabad zonal office traced the money trail while investigating alleged kingpin Vikas Kumar Nimar, who faces charges under the Prevention of Money Laundering Act after FIRs by Madhapur Police and a related CBI case. Investigators alleged the syndicate targeted foreign nationals, mainly US citizens, through fake technical support calls between 2017 and…

Crypto Exchange Closures Reflect Lower Trading Volumes, Rising Compliance Costs as Bigger Platforms Gain Market Share

Only 4% of Coinbase Security Reports Earned Rewards as AI-Driven Submissions Reshaped Bug Bounty Program Coinbase changed its bug bounty program after seeing a sharp rise in low-quality security reports. The crypto exchange said artificial intelligence has made it easier to send duplicate and less useful reports. The new rules came into effect on July 29 and apply only to its Web2 program on HackerOne. The company has stopped paying rewards for low and medium severity bugs. It also reduced rewards for more serious findings. High severity payouts dropped from $15,000 to $6,000, while critical bug rewards fell from $50,000…