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India
Cat-Themed Memecoins Soar; India Supreme Court's YouTube Hacked to Promote XRP
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as cat-themed tokens saw gains after the U.S. Federal Reserve cut rates by 50 basis points. Plus, the YouTube page of India’s Supreme Court was hacked to promote XRP, and SocGen's crypto unit will roll out its euro stablecoin on the Solana blockchain.
YouTube Page of India's Supreme Court Hacked to Promote XRP
The channel streams hearings of notable court cases but temporarily showed promotional videos of XRP and Ripple Labs before being taken down.
WazirX Hacker Moves $32M Stolen Ether in Four Days to Tornado Cash as Binance Denies Founder’s Claims
WazirX founder Nischal Shetty claimed earlier this month that the ultimate owner of the crypto exchange was Binance - a statement the latter has denied.
Will September Be More Difficult for Bitcoin Miners?; Worldcoin Faces Scrutiny in Singapore
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as a Jefferies report said that bitcoin mining was notably less profitable in August than July. Plus, Singapore is investigating seven people for offering Worldcoin services, and India and Nigeria top the world in terms of grassroots crypto adoption.
India and Nigeria Lead the World in Crypto Adoption Again, but Indonesia Is Fastest Growing: Chainalysis
The U.S. maintained its fourth position from 2023, while Vietnam fell from third to fifth.
WazirX Hacker Moves $11M Stolen Ether to Tornado Cash
Wallet data tracked by Arkham shows over 5,000 ETH, worth just over $11 million at current prices, from July’s attack on crypto exchange WazirX was moved to a new address at 07:19 UTC.
The Sandbox's Largest Market for Creators Is Now India: Co-Founder Sebastien Borget
India has more than 66,000 creators on the Metaverse platform compared with 59,989 creators in the U.S. and 25,335 in Brazil.
Extremely Unlikely WazirX Customers Will Be Made Whole in Crypto Terms: Legal Advisers
WazirX co-founder Nischal Shetty said the numbers are as of today and the objective is to reduce the gap through various efforts.
Indian Court Orders Scam Websites Using Crypto Exchange Mudrex's Name to Be Taken Down
The court ordered India's Ministry of Communication to move against as many as 38 websites.
Telegram Under Scrutiny in India, but Ban Not Imminent: Reports
One report said that India's Information Technology Ministry asked the Nation's Home Ministry for an update on where things stand in the Indian context and if there are any violations in India after Telegram CEO Pavel Durov was arrested in France.
