cryptocurrency

A former software professional in Hyderabad was duped of over Rs 2.9 crore by fraudsters posing as a cryptocurrency investor on Facebook. Lured by promises of high profits on a fake platform, he invested heavily between July and September 2025. Despite paying additional charges, the victim was denied access to his funds, prompting a police investigation.

Accounts Were Linked To 935 Cyberfraud Cases

Iran has introduced 'Hormuz Safe', a digital insurance platform. Commercial ships can now use this system to pass through the Strait of Hormuz. Payments are accepted in cryptocurrency like Bitcoin. This initiative aims to manage the waterway commercially. It is expected to generate significant revenue for Iran. The platform ensures secure cargo transits through cryptographic verification.

Mark Cuban, a former crypto evangelist, has sold most of his Bitcoin, stating it failed as a hedge against global turmoil. He found gold performed better during geopolitical events, questioning Bitcoin's role. Cuban also shared advice on AI use for students, emphasizing critical thinking over reliance.

Coimbatore cybercrime police registered three cases after online fraudsters duped three residents of over Rs 55 lakh. One victim lost Rs 29.27 lakh in a cryptocurrency scam, another Rs 5.18 lakh via a fake RTO challan, and an IT employee was defrauded of Rs 20.97 lakh while attempting to buy a vehicle online.

Oil prices remained elevated as markets awaited confirmation of a fragile US-Iran ceasefire, with Brent crude trading near $100 per barrel. Asian shares rose, led by Japan's Nikkei hitting a record high, though caution persisted regarding the impact of the ongoing conflict on global energy markets.

A global tech coalition has successfully dismantled the 'Glassworm' botnet, a sophisticated threat that targeted software developers for months. By simultaneously disrupting its unique command-and-control infrastructure, which spanned blockchain, peer-to-peer networks, and legitimate web services, the operation prevented the malware from shifting to alternative communication channels. This victory significantly bolsters software supply-chain security.

MMA power couple Amanda and Nina Nunes boast an estimated combined net worth of $5-7 million by 2026. Amanda's historic dual-division championship reign and lucrative UFC career, coupled with Nina's steady run and coaching, fueled their financial success. Their investments and private lifestyle underscore a remarkable journey from combat sports to respected family life.

Italian police have cracked a massive digital piracy ring, costing streaming giants like Netflix and Disney+ an estimated €300 million. The operation, dubbed CINEMAGOAL, allegedly used illegally decrypted streams and active subscription credentials, with over 70 resellers offering access for up to €130 annually. Investigations are ongoing.

Serena Williams and Alexis Ohanian's combined net worth is nearly $500 Million, by 2026, all because of tennis success, tech ventures, endorsements and investments. Meanwhile, Serena Williams is growing her Serena Ventures and Serena's brand partnerships and Alexis Ohanian is growing his investment portfolio, Seven Seven Six. The extravagant lifestyle, business empire and status as a sports entrepreneur are still the center of attention for people throughout the globe.

Bengaluru faces a surge in economic crimes. Over three years, one offense occurred every 2.5 hours. Forgery, cheating, and fraud dominate these cases. This indicates a shift from physical theft to financial deception. Police face challenges due to cross-state networks and digital methods. The city's crime profile is changing.

Were Threatened When They Sought Repayment

The UAE has become the first country to grant a Stored Value Facilities (SVF) license to a cryptocurrency platform, allowing regulated digital asset payments. This landmark approval enables UAE residents to pay government fees using cryptocurrencies, integrating virtual asset payments into the nation's regulated financial system and bolstering its digital economy.

UPSC CSE Prelims 2026, conducted on May 24, has been described by experts as one of the most difficult and unconventional papers in recent years. With lengthy comprehension-based questions, analytical framing, and unpredictable current affairs themes, the exam tested conceptual clarity and decision-making skills over rote learning. While several experts predicted a lower cutoff this year, others viewed the paper as a necessary shift towards evaluating aptitude, adaptability, and intellectual curiosity expected from future civil servants.

Floyd Mayweather Jr once became boxing’s biggest financial success story through smart business moves and record-breaking fights. But in 2026, reports about lawsuits, tax debt, unpaid revenue claims, and exhibition fights have raised fresh questions about the true state of his billion-dollar empire and luxurious lifestyle despite his historic earnings and massive global fame.

In a significant crackdown on financial fraud, the Enforcement Directorate has immobilized assets exceeding Rs 1 crore linked to a notorious Ponzi scheme disguised as the 'Global Media App.' This online con tricked investors into believing they could earn substantial returns simply by watching advertisements.

Indian-origin billionaires are increasingly powering the UAE's wealth, with nine individuals on Forbes Middle East's 2026 list commanding $49.9 billion. These entrepreneurs have built multi-billion-dollar businesses across various sectors, reflecting the UAE's appeal as a hub for global wealth due to its business-friendly policies and strategic location.