Tasmania Hit by Spate of Crypto ATM-Related Scams

Over a dozen residents in Tasmania have been defrauded of approximately $1.64 million through scams involving cryptocurrency ATMs, with one victim losing over $493,000. Scammers Exploit ATMs Amidst Rapid Expansion More than a dozen residents of the Australian island state of Tasmania have been defrauded of an estimated $1.64 million through scams that exploited the […] Source CryptoX Portal

Bank of Ghana Orders Mandatory Registration for All Crypto Firms

The Ghanaian central bank has announced a mandatory registration process for all virtual asset service providers operating in the country. Registration Covers Broad Range of Crypto Activities The Bank of Ghana (BOG) has issued a public notice requiring all Virtual Asset Service Providers (VASPs) operating within the country to undergo a mandatory registration process. The […] Source CryptoX Portal

Find out why crypto is up today and the best altcoins to buy

CryptoX – Cryptocurrency Analysis and News Portal The crypto market gained steam on Friday, July 11, with Bitcoin and most altcoins jumping by over 5%. Bitcoin (BTC) surged to nearly $120,000, while the crypto Fear and Greed Index moved to the greed zone of 65. The total… Source The post Find out why crypto is up today and the best altcoins to buy appeared first on CryptoX. CryptoX Portal

Ripple National Trust Bank Targets Fed Access—Is RLUSD About to Go Full Scale?

A major leap toward regulated crypto banking is underway as Ripple seeks a national trust bank charter to elevate stablecoin credibility and custody standards. Ripple National Trust Bank Deepens Regulatory Footprint With RLUSD Strategy Ripple is advancing its regulatory ambitions with an application to establish Ripple National Trust Bank, signaling a deepening push into federally […] Source CryptoX Portal

Ripple’s RLUSD Gains Momentum as Bank Wires Lose Ground

Ripple’s RLUSD stablecoin is set to revolutionize global payments, slashing remittance costs, boosting speed, and unleashing real-time blockchain-powered transactions worldwide. RLUSD Enters $27.6T Stablecoin Market as Ripple Pushes for Regulatory Clarity Ripple shared on July 11 that Ripple USD (RLUSD) is reshaping global remittances by offering faster, cheaper, and more accessible cross-border payments compared to […] Source CryptoX Portal

NFTs are booming—just without the crowd

CryptoX – Cryptocurrency Analysis and News Portal NFTs like f(x) wstETH and Pudgy Penguins saw explosive gains this week, driven by high-value trades. But the market faces a paradox: soaring valuations, fewer hands. Source The post NFTs are booming—just without the crowd appeared first on CryptoX. CryptoX Portal

Arthur Hayes Gets Ready for Monster Alt Season—‘Maelstrom Fund Is Backing up the Truck’

Altcoins are primed to explode as institutional capital floods in, bitcoin shatters resistance, and macro tailwinds ignite a full-blown crypto supercycle with massive upside potential. Arthur Hayes Bullish, Signals Altcoin Supercycle Is Underway Crypto markets are building momentum as institutional bets and macro tailwinds align, setting the stage for both bitcoin leadership and a broad […] Source CryptoX Portal

While the West Chases Memecoins and ETFs, Africa is Building Blockchain Resilience

In Western Europe and North America, decentralised finance, referred to in common terms as DeFi, is largely seen through the lens of investment. The following guest post/opinion editorial was written by Kamal Youssefi, President of The Hashgraph Association. How Blockchain Can Replace Broken Financial Systems Asset managers involved in DeFi are promoting products that include […] Source CryptoX Portal

USDT Used to Launder $4 Million in Kenyan Bank Heist, Report Says

A major Kenyan bank is facing a significant internal breach, with about $4 million (KES 500 million) stolen by contractors involved in its IT infrastructure. Investigations indicate that USDT was central to the laundering process, with funds transferred to multiple offshore wallets, complicating recovery efforts. The Directorate of Criminal Investigations (DCI) has launched an investigation […] Source CryptoX Portal