Author: Simran Mishra

Senate Crypto Bill Faces Delay as Banks Flag Reward Loopholes Threatening Loans and Small Business Credit Bank groups have strongly opposed the latest stablecoin rewards plan in the Senate crypto bill. They said the draft does not do enough to protect banks and their deposits. This has created new tension around crypto regulation in the United States. The proposal tries to set clear rules for stablecoins. It prevents companies from offering direct interest, as banks do. But it still allows rewards based on user activity. This includes payments, transactions, and token holdings. Lawmakers and crypto firms said this solution works.…

Bail Denied in Rs. 500 Cr Crypto Scam: 80,000 Investors Lost Money in a Major Crypto MLM Fraud – ED Investigation Continues Across India The Himachal Pradesh High Court has denied bail to Abhishek Sharma in the Rs. 500 Cr crypto scam. The case involves a large crypto MLM fraud that affected more than 80,000 investors across India. The court gave the order on April 30. Justice Sushil Kukreja said economic crimes are serious. Such crimes harm the country and the public. The court said strict action is needed in such cases. How the Crypto Scam Worked The Rs. 500…

Bitcoin Price is Back Above $80K: Crypto Market is Rising with Strong ETF Inflows and US-Iran Tensions in Focus – Big Moves Ahead? Bitcoin price has moved above $80,000 again, showing fresh strength in the crypto market. This rise comes after weeks of slow movement to boost buyer sentiment. On May 4, Bitcoin traded near $80,150, gaining about 2.6% in one day. The price crossed an important level that had stopped it earlier. This breakout helped improve short term market mood and pushed prices higher. Market Moves Higher The crypto market also moved up with Bitcoin. Ether increased around 3.6%…

India’s Crypto Future Needs Clear Rules, Not Just Taxes: Budget 2026 Crypto, CBDC India, UPI Dominance, & Bitcoin ETF India Trends Shape the Market India’s crypto sector is growing fast, but confusion around rules is slowing down the progress. Speaking about the current scenario, many experts have voiced their concerns and now CoinSwitch co-founder Ashish Singhal has shared that India’s crypto future now depends more on clear rules than just taxes. India already has strong digital payments infrastructure with UPI dominance. People use it daily for easy and fast payments. However, CBDC India plays a different role. It does not…

Big Update in Rs. 2,200 Cr HPZ Token Scam: ED Uncovers Global Money Laundering Network with Cross-Border Links – Crypto Scams are Getting Bigger & Riskier India’s Enforcement Directorate has expanded its investigation into the Rs. 2,200 crore HPZ Token scam. The case now shows a large money laundering network with links outside India. The latest update makes this crypto scam India case more serious. The agency filed a second supplementary chargesheet under the Prevention of Money Laundering Act. This time, officials added 87 new accused. The total number of accused has now reached 437. This shows that the ED…

Visa Expands Stablecoin Settlement Across 9 Blockchains, Powering 130+ Programs in 50 Countries Globally Visa stablecoin settlement is growing fast as the company adds 5 new blockchains to its network. The total number of supported blockchains now stands at 9. This move shows the strong rise of multi-chain payments in digital payments. The new blockchains include Base, Polygon, Arc, Canton, and Tempo. These networks now work along with Ethereum, Solana, Avalanche, and Stellar. Partners can now choose the best network based on cost, speed, and rules. Expansion of Multi-Chain Network The digital payments industry is changing quickly. Many companies no…

India Warns About Rising Crypto Wallet Scams: Fake Links and Trust Wallet Scams Stealing Funds Through Simple Tricks – Stay Alert & Protect Crypto Wallets India’s cybercrime agency I4C has warned people about a rise in crypto wallet scams across the country. The agency says crypto wallet scams India cases are increasing fast. Many scams now target users of Trust Wallet and similar crypto apps. Officials explain that scammers use simple but dangerous tricks. They first contact people on crypto trading platforms where users buy and sell digital coins. After that, scammers move the chat to WhatsApp or Telegram. These…

Lucknow Crypto Scam: Elderly Man Invested Since 2019 Via SIP And i-Fortune Machine, Rs 1.15 Crore Lost A shocking Lucknow crypto scam has revealed how fraudsters cheat elderly people with simple tricks and false promises. Rajendra Singh Chauhan, an elderly man from Alambagh, lost more than Rs. 1.15 crore in a long-running trading fraud and cryptocurrency scam. The fraud started in 2019 when Chauhan met Himanshu Gihar, also known as Azad. The meeting happened through a Union Bank employee. Gihar claimed that he has strong knowledge in trading and SIP investments. When he showed small profits in the beginning it…

CFTC AI Flags Errors Instantly, Rejects Incomplete Crypto Filings and Boosts Market Surveillance Efficiency The Commodity Futures Trading Commission (CFTC) has started using CFTC AI tools to make crypto registration faster and easier. This move comes at a decisive time when the crypto market is constantly growing and the agency is facing staff shortages. Chair Michael Selig said the new system checks crypto registration filings automatically. It quickly finds missing details, blank spaces, or wrong information. Applications with such issues get rejected or pushed back. This step removes the need for staff to check every file manually. Faster Registration with…

India Crypto Inflection Point: Gen Z Drives Adoption as Investors May Double Every 2–3 Years Despite 30% Tax India’s crypto market is moving into a new phase. Experts describe this moment as an inflection point for India’s crypto. The market is no longer small or uncertain, it’s slowly becoming more stable and widely accepted. Vikaas M Sachdeva, CEO of BitDelta India, says crypto adoption is rising across the country. Around 12 crore people in India already invest in crypto. This number indicates strong public interest. It also places India among the top crypto markets worldwide. Rapid Growth in Crypto Investors…