Crypto Exchange FTX Acquires Stake in Lending Firm BlockFi: Report

Leading crypto exchange is reportedly taking a stake in beleaguered crypto lending firm BlockFi as the crypto industry faces collapse. According to the Wall Street Journal, FTX is currently in talks with BlockFi about participating in the company. The takeover talks came as BlockFi secured a $250 million credit facility from … Read more

Fake Crypto Exchanges Fooled Indian Investors Out of Rs 1,000 Cr: Report

Fake cryptocurrency exchanges have cheated Indian investors out of more than $128 million (nearly Rs 1,000 crore) as the global cryptocurrency market crashes, a new report claims on Tuesday. Cyber ​​security company CloudSEK said it discovered an ongoing operation involving various phishing domains and fake Android-based crypto apps. “This large-scale campaign … Read more