India

India Rejects BRICS De-Dollarization, Supports US Dollar in Trade

India confirmed it will not participate in BRICS plans to reduce dependence on the U.S. dollar. Indian officials stated there are no current discussions about...

Intel Announces Major Layoffs in US, India; Shares Jump 7%

Intel Corporation announces layoffs in both the United States and India to reduce expenses. Intel plans to cut 529 jobs in Oregon by July 15,...

Odds of India-Pakistan war rise to 41% on crypto betting platform

Betting odds on crypto platform Polymarket show 37% chance of India invading Pakistan by June following recent tensions.Pakistan's Defence Minister Khawaja Muhammad Asif stated...

Report: Crypto Threats Raise Alarms for India’s Banking Sector in 2024

A 2024 report by CERT-In, CSIRT-FIN, and SISA reveals increasing cyber threats targeting India's banking sector.Financial gain and technological advances remain the primary drivers...

Russian Man Arrested in India for $152B Cryptocurrency Money Laundering

Russian national arrested in India for allegedly laundering $152 billion through cryptocurrency platforms.The suspect, wanted by U.S. authorities, was caught through international cooperation and...

Russia Uses Bitcoin to Bypass Sanctions in Trade with China and India

Russia is using cryptocurrencies to facilitate trade with China and India, circumventing international sanctions imposed following its invasion of Ukraine.The Bank of Russia is...

Russian Crypto Exchange Administrator Arrested in India for $96 Billion Fraud

Russian crypto exchange administrator Aleksej Besciokov arrested in India for alleged $96 billion money laundering operation.Besciokov's exchange Garantex allegedly facilitated transactions for Ransomware attacks,...

Co-Founder of Russian Crypto Exchange Garantex Arrested in India Under Extradition Laws

Russian crypto exchange Garantex co-founder Aleksej Besciokov arrested in India under extradition laws while on holiday.US recently charged Besciokov with facilitating money laundering and...

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Prosecutors Weigh Charges Against Dragonfly Over Tornado Cash Ties

U.S. prosecutors are considering charges against Dragonfly Capital over its investment in Tornado Cash’s developer.Dragonfly Capital invested $882,000 in...

Prosecutors Weigh Charges Against Dragonfly Capital Over Tornado Cash

Prosecutors in New York said they may file criminal charges against employees at Dragonfly Capital for a 2020 investment...

US, UK Employees Risk Data Leaks Using Chinese GenAI Tools, Study Finds

Employee use of Chinese generative AI tools in the US and UK is widespread and often unsanctioned. Researchers found over...

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