Binance said that the law enforcement department was able to uncover the fraud network thanks to crucial intelligence from its Financial Investigations Unit.

In one of the latest collaborations between public and private entities, the world’s largest cryptocurrency exchange, Binance, announced that it helped Indian authorities uncover an allegedly legitimate online gaming app that defrauded users of more than Rs 400 crore ($47.6 million).

According to data from SoSo Value, Ethereum spot ETFs saw net outflows for the first time in two days, with the funds seeing inflows of around $675.45K on September 26.

The data shows that most of the outflows came from Grayscale’s ETHE fund, which saw $36 million exit the fund. Most of these outflows were offset by BlackRock’s ETHA and Fidelity’s FETH, which saw inflows of $15.3 million and $15.9 million, respectively.

The cryptocurrency market saw a brief bullish swing, with the market cap up 1.65%. After gaining 15.47%, PEPE opted to start an uptrend for the day, breaking past previous resistance levels.

The meme coin opened the day at $0.000009121 and managed to break the resistance to reach a high of $0.00001072. Moreover, the daily trading volume of the asset increased by more than 41% to reach $1.29 billion. At the time of writing, the asset was trading at $0.00001051, according to CoinMarketCap data.

In the world of finance, cryptocurrencies like Bitcoin and Ethereum are the biggest players that are constantly attracting everyone’s attention. Over the past 24 hours, Bitcoin has surged to the crucial resistance level of $65,000. Ethereum then broke the resistance level of $2.5,000 again this week. Despite the recent decline in the price of Ethereum, it is expected to recover in the coming months.