A woman in Bengaluru lost Rs 26 lakh to a fraud that promised a return of 30% in five days, said Inspector Das. "If a person invest Rs 100, they were promised to get Rs 130 on the fifth day; if they invest Rs 1,000, they were promised Rs 1,300. It is a scam," he said.

Freeze & fleece exposed:Indian law enforcement Karnataka cops held for extorting Rs 4 lakh from crypto traders in Kerala

HIGHLIGHTS
° The police officers from Whitefield Police Station in Bengaluru demanded Rs 10 lakh to let off two men in online fraud case

° Kerala police intercept their vehicle, find Rs 3.95 lakh in their car; charge four officers with extortion
For the past couple of years, cryptocurrency traders have been raising allegations of police corruption, of how investigating officers demand bribes to clear their names from online cheating cases in which they had no role.

If the traders refuse to pay up, their bank accounts are frozen, indefinitely, and sometimes they are arrested and remanded in custody.

Now for the first time, Kerala Police took into custody four officers of Karnataka Police for extortion.

only hodlers can survive

#crypto2023 #BTC #dyor

#uniswap Labs announced early access to its mobile wallet. According to the blog post, a mobile app is primarily a self-custodial #crypto wallet and will also offer the ability to trade tokens directly with Uniswap. The access on iOS is supposed to happen after Apple approval.

India has asked the International Monetary Fund (IMF) and Financial Stability Board (FSB) to develop “a synthesis paper” on #crypto assets as part of the G20 meeting of finance ministers and central bank governors under India’s presidency.

Today is the birthday of the #bitcoin logo 🥳

13 years ago, Satoshi Nakamoto updated the $BTC logo the way we all know it today, placing the symbol '₿' on a golden coin.

Apple co-founder Steve Wozniak says, "#Bitcoin n is safe. It's stable. It's conservative. It's the big one. It will be around...and I think its going to $100,000"

The founders of #Forsage were indicted for their alleged role in a $340 million “Ponzi and pyramid scheme.”

The four Russian nationals were charged with conspiracy to commit fraud and could face 20 years jail if convicted.

Kratos Studios raised $20 million in seed funding at a valuation of $150 million.

The Indian #Web3 gaming startup also acquired IndiGG, a sub-DAO of Yield Guild Games #DAO

The core developers of the #Ethereum blockchain scheduled the Shanghai-Capella upgrade on the Sepolia test network for Feb 28 at epoch 56832, per an official announcement - expected to happen in March.

#Binance Futures, the futures trading platform of Binance, one of the world's leading cryptocurrency exchanges, has announced new updates and features in its latest release.

Immersve partnered with Mastercard to allow consumers in Australia and New Zealand to spend #crypto wherever Mastercard is accepted online.
druggies will click the Immersve button within their #Web3 holdalls to pierce the functionality

The cost of an Apple iPhone over the times has only gone up. But has the iPhone price over the once decade outpaced the price of #BTC , or #ETH ? Not indeed close, according to a new report from the folks at CoinGecko.