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Crypto platform Debiex has been ordered to pay around $2.5 million after it failed to respond to a US Commodity Futures Trading Commission suit accusing it of being a romance scam ring.Arizona federal court Judge Douglas Rayes on March 13 granted the CFTC’s earlier motion for summary judgment in its case and ordered Debiex to pay back around $2.26 million it stole from its customers, along with a civil penalty of nearly $221,500.Judge Rayes said there was no evidence that Debiex’s failure to respond to the CFTC was the result of “excusable neglect.”The CFTC sued Debiex in January 2024, saying…

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Homepage > News > Finance > RBI sets sights on UPI expansion, payment linkages The newly appointed governor of the Reserve Bank of India (RBI), Sanjay Malhotra, announced that the central bank will expand the reach of United Payments Interface (UPI) bilaterally by linking UPI with fast payment systems of other countries and facilitating efficient cross-border payments. Simultaneously, the RBI will explore linking payment systems other than UPI to improve cross-border payment effectiveness and foster innovation in payment systems through “soft-touch regulations” within established boundaries.  “While in domestic payments, the success of UPI has propelled India to a leadership position with a share of 48.5…

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Technical analysis showed multiple reasons why the $20 area was a formidable resistance zone for AVAX bulls. A minor price bounce was possible, but a bearish move was likely to commence soon. In early March, Avalanche [AVAX] was forecast to see a 10% price bounce, but the downtrend was expected to continue, and this had come to pass. Later, a price drop to $14 was anticipated in an analysis, and AVAX fell to $15.2 a week later. The bearish outlook remained in place. The demand was not strong enough to coax Avalanche out of its downtrend, and firm resistance zones…

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. XRP has finally found stability above crucial demand levels after enduring weeks of heavy selling pressure and market uncertainty. Despite the broader crypto market’s volatility, XRP remains within a long-term range, trading between its $1.90 low and the $3.40…

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XRP (XRP) price versus Ether (ETH) reached its highest level in five years over the weekend, extending its recovery.On March 15, the XRP/ETH pair touched 0.00128 ETH for the first time since April 2020. That amounts to a 925% rebound when measured from its all-time low of 0.00013 ETH established in June 2024 and approximately 620% gains since November 2024, when Donald Trump won the US presidential election.XRP/ETH weekly price chart. Source: TradingViewXRP potential breakout versus ETHThe XRP/ETH rally is fueling speculation among market watchers that XRP could flip Ether to become the second-largest cryptocurrency by market capitalization.For instance, analyst…

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A UK man’s bid to obtain a permit to search a landfill for his hard drive — holding private keys to 8,000 Bitcoin — has been rejected by the UK Court of Appeals.“Appeal request to the Royal Court of Appeal: refused,” Howells said in a March 14 X post.“The Great British Injustice System strikes again… The state always protects the state,” the early Bitcoin adopter added before revealing his “next stop” would be the European Convention on Human Rights (ECHR).UK Royal Court of Appeal Judge Christopher Nugee knocked back Howells’ application, stating that there was no “real prospect of success”…

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On the chart, COMP is at a critical level that could lead to an intense price drop in the coming days. Sentiment indicates that sellers are not holding back, continuing to offload COMP as confidence weakens. Market sentiment for Internet Computer [COMP] has remained bearish, as sellers have consistently sold the asset over the past week and month, leading to declines of 12.31% and 24.92%, respectively. AMBCrypto analysis found COMP at a critical position, trading at a support level. If this support fails, a major decline could follow. At the same time, market activity has been dominated by selling. Comp…

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Following the last trading window, the US Bitcoin Spot ETFs have recorded another week of overwhelming net outflows with investors pulling over $900 million from the market. This development marks the fifth consecutive week of redemptions indicating weak market confidence among institutional investors of the premier cryptocurrency. Bitcoin Institutional Investors Withdraw For The Fifth Straight Week After a strong start to the year which saw the Bitcoin ETFs attract over $5 billion in investments, institutional investors have shown much caution in recent weeks indicated by massive withdrawals. According to data from Farside Investors, the Bitcoin Spot ETFs registered $921.4 million…

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The blockchain industry is always evolving, with new projects bringing innovative solutions. Aptos is a blockchain designed for speed, security, and scalability. It aims to improve transaction efficiency while ensuring strong security. Aptos uses a unique Move programming language and offers a high transaction throughput of 160,000 tps and low fees.This guide will explain what Aptos is, how it works, use cases of APT tokens, and how to buy and store APT tokens.What is Aptos?Aptos is a Layer 1 blockchain designed to be fast, secure, and scalable, launched in 2022, with its mainnet called “Aptos Autumn”. The blockchain is built…

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A crypto whale has recently grasped the attention of the community with a staggering profit through $AUCTION tokens. As per the data from Onchain Lens, the crypto whale accumulated up to 500,000 $AUCTION tokens, leading to a floating profit of up to $3.76M. The on-chain analytics provider took to social media to disclose this significant event. In the past 2 days, a whale has accumulated 500,000 $AUCTION worth $13.76M from #Binance.Currently, the whale has a floating profit of $3.76MAddress: 0xEc17Da400f7e23Cc6081A53d488189Ad6C4fa09c pic.twitter.com/n1byEJa3ei— Onchain Lens (@OnchainLens) March 16, 2025 Crypto Whale Pockets Floating Profit of $3.76M after Accumulating 500K $AUCTION Tokens The…

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