Crypto News

99 Arrested in Philippine Crypto Scam Hub Raid

Philippine police have arrested 99 individuals during a raid on a suspected scam hub in Parañaque City, uncovering a fraudulent cryptocurrency and romance scheme involving foreign and local workers. The company was unregistered and forced employees into compromising roles. Philippine Police Bust Crypto Scam Hub, Arrest 99 in Major Raid The National Capital Region PoliceSource link

BitMEX Lists SUNDOGUSDT Perpetual Swap with 50x Leverage

BitMEX has launched the SUNDOGUSDT perpetual swap, offering traders up to 50x leverage on the new listing. (Read More)Source link

India to Invite Industry Stakeholders to Help Shape Crypto Policy in Upcoming Consultation Paper

The Indian government is taking steps to shore up its domestic crypto policy as it attempts to juggle innovation with regulatory oversight.Source link

Astar Network Unveils Evolution Phase 1 with Soneium Transition

Astar Network announces Phase 1 of its evolution, transitioning Astar zkEVM to Soneium L2, a collaboration with Sony Group and Startale. (Read More)Source link

Binance Launches Mobile Money Feature for Crypto Transactions in Africa

Crypto exchange Binance has launched its One Click Buy and Sell (OCBS) service in Africa, enabling users in Ghana, Tanzania, Uganda, and Zambia to buy and sell cryptocurrencies via mobile money accounts. This initiative aims to enhance financial inclusion, particularly for the unbanked and underbanked populations. Binance Expands Services in Africa, Boosting Crypto Accessibility CryptocurrencySource link