Simply Crypto

WazirX Hit by Massive Hack, Portnoy Predicts Bitcoin Surge

WazirX cryptocurrency exchange suspends withdrawals after $230 million worth of cryptos stolen in a hack. Dave Portnoy foresees Bitcoin's surge if Trump triumphs in November election. Plus, the latest on the cryptocurrency market, with Bitcoin remaining below $65,000 and concerns among investors due to the WazirX breach.Sources:https://www.businessinsider.in/cryptocurrency/news/wazirx-suspends-withdrawals-after-230-million-worth-of-cryptos-stolen-in-a-hack/articleshow/111853401.cmshttps://www.benzinga.com/markets/cryptocurrency/24/07/39852891/bitcoin-bull-dave-portnoy-foresees-king-cryptos-surge-if-trump-triumphs-in-november-electihttps://thehackernews.com/2024/07/wazirx-cryptocurrency-exchange-loses.htmlhttps://news.abplive.com/business/crypto/crypto-price-today-july-19-check-global-market-cap-bitcoin-btc-ethereum-doge-solana-litecoin-mantle-ripple-live-tv-1703857Outline:(00:00:00) Introduction(00:00:44) WazirX suspends withdrawals after $230 million worth of cryptos stolen in a hack(00:03:20) Bitcoin Bull Dave Portnoy Foresees King Crypto's Surge If Trump Triumphs In November Election: 'It's Gonna Rip'(00:06:44) WazirX Cryptocurrency Exchange Loses $230 Million in Major Security Breach(00:10:13) Cryptocurrency Price Today: Bitcoin Remains Below $65,000, WazirX Breach Concerns Investors

WazirX Hit by $230M Hack, India’s Largest Crypto Exchange Breached

WazirX, India's largest cryptocurrency exchange, suffers a massive $230 million hack, leading to the suspension of withdrawals. Plus, Russia introduces regulations on cryptocurrency mining to address energy concerns. Also, the cryptocurrency market experiences a dip as Bitcoin falls below $65,000.Sources:https://www.benzinga.com/markets/cryptocurrency/24/07/39835533/wazirx-suffers-230m-hack-suspends-withdrawals-amid-security-breachhttps://watcher.guru/news/indias-largest-cryptocurrency-exchange-hacked-for-235-millionhttps://news.abplive.com/business/crypto/crypto-price-today-july-18-check-global-market-cap-bitcoin-btc-ethereum-doge-solana-litecoin-lido-dao-mog-live-tv-1703560https://menafn.com/1108454842/Russia-regulates-cryptocurrency-mining-to-address-energy-concernsOutline:(00:00:00) Introduction(00:00:42) WazirX Suffers $230M Hack, Suspends Withdrawals Amid Security Breach(00:02:49) India's Largest Cryptocurrency Exchange Hacked For $235 Million(00:05:33) Cryptocurrency Price Today: Bitcoin Dips Below $65,000, Lido DAO Becomes Top Gainer(00:08:14) Russia regulates cryptocurrency mining to address energy concerns

Trump’s Impact on Crypto Market, BitConnect Frontman Convicted

Bitcoin rises to $63,000 after Trump attack; Altcoins jump up to 6%. BitConnect's Australian frontman has been convicted but released. Plus, a deep dive into the crypto regulatory landscape in Chile. Also, the recent assassination attempt on Trump and its impact on the cryptocurrency market.Sources:https://economictimes.indiatimes.com/markets/cryptocurrency/bitcoin-rises-to-63000-after-trump-attack-altcoins-jump-up-to-6/articleshow/111748679.cmshttps://www.financemagnates.com/cryptocurrency/bitconnects-australian-frontman-has-been-convicted-but-released/https://coinpedia.org/cryptocurrency-regulation/crypto-regulations-in-chile-2024/https://www.benzinga.com/markets/cryptocurrency/24/07/39763646/bitcoin-jumps-past-60-000-mark-following-trump-rally-shootingOutline:(00:00:00) Introduction(00:00:37) Bitcoin rises to $63,000 after Trump attack; Altcoins jump up to 6%(00:01:44) BitConnect’s Australian Frontman Has Been Convicted but Released(00:03:16) Crypto Regulations In Chile 2024(00:06:41) Bitcoin Jumps Past $60,000 Mark Following Trump Rally Shooting

Hanoi Vice Director Investigated for Billion-Dollar Cryptocurrency Ring, Ripple’s XRP Lawsuit Impacts, and Hong Kong’s Fight Against Crypto Crimes

A Hanoi-based company vice director is investigated for a billion-dollar illegal cryptocurrency ring. The SEC lawsuit against Ripple impacts XRP's dip. Plus, an opinion piece explores if Bitcoin is still a good investment. Also, Hong Kong authorities gain experience in disrupting illicit crypto activities.Sources:https://theinvestor.vn/hanoi-based-company-vice-director-investigated-for-billion-dollar-illegal-cryptocurrency-ring-d11211.htmlhttps://www.thenational-somaliland.com/exploring-the-xrp-dip-impacts-and-implications-of-the-sec-lawsuit-on-ripples-cryptocurrency/https://www.smh.com.au/money/saving/what-s-the-go-with-crypto-is-bitcoin-still-a-good-investment-20240711-p5jsqb.htmlhttps://www.scmp.com/news/hong-kong/law-and-crime/article/3270368/hong-kong-authorities-gaining-experience-disrupting-illicit-crypto-activities-expertsOutline:(00:00:00) Introduction(00:00:43) Hanoi-based company vice director investigated for billion-dollar illegal cryptocurrency ring(00:03:18) Exploring the XRP dip: impacts and implications of the SEC lawsuit on Ripple's cryptocurrency(00:07:22) What’s the go with crypto: Is Bitcoin still a good investment?(00:08:18) Hong Kong authorities ‘gaining experience’ in disrupting illicit crypto activities

TaxDAO Launches FinTAX Mini-App, Binance Faces Tax Evasion Charges, Ethereum as Summer Investment, and Fact-checking Cryptocurrency Scams

TaxDAO introduces the FinTAX Telegram mini-App for cryptocurrency tax management. Binance scheduled to face tax evasion charges in Nigerian court. Ethereum emerges as the ultimate summer investment amid bullish trends. Plus, a fact-check on videos promoting fraudulent cryptocurrency schemes. Stay informed with the latest news in the crypto industry.Sources:https://www.cointrust.com/market-news/taxdaos-fintax-mini-app-simplifying-cryptocurrency-tax-managementhttps://www.financemagnates.com/cryptocurrency/binance-scheduled-to-face-tax-evasion-charges-in-nigerian-court-this-october/https://www.westislandblog.com/cryptocurrency-market-eyes-ethereum-as-ultimate-summer-investment-amid-bullish-trends/https://timesofmalta.com/article/factcheck-videos-show-public-figures-maltacoin-cryptocurrency.1095279Outline:(00:00:00) Introduction(00:00:43) TaxDAO's FinTAX Mini-App: Simplifying Cryptocurrency Tax Management(00:03:29) Binance Scheduled to Face Tax Evasion Charges in Nigerian Court This October(00:06:23) Cryptocurrency Market Eyes Ethereum as Ultimate Summer Investment Amid Bullish Trends(00:09:02) Fact-check: Videos show public figures promoting MaltaCoin, a new cryptocurrency

Crypto Theft Surges to $1.38B, Underperforming Coins for Potential Gains

Crypto theft doubles to $1.38 billion, raising concerns about market security. Discover three underperforming coins with potential for 2x gains. Plus, cryptocurrency prices dip and MANTRA emerges as the biggest gainer. Also, OKX chooses Malta over France to comply with EU's MiCA crypto rules.Sources:https://www.paymentsdive.com/news/crypto-theft-doubles-cybersecurity-bitcoin/721173/https://watcher.guru/news/?p=147092https://news.abplive.com/business/crypto/crypto-price-today-july-12-check-global-market-cap-bitcoin-btc-ethereum-doge-solana-litecoin-mantra-bonk-live-tv-1702077https://www.coindesk.com/business/2024/07/11/okx-picks-malta-over-france-as-europe-hub-to-comply-with-eus-mica-crypto-rules-sources/Outline:(00:00:00) Introduction(00:00:41) Crypto theft doubles to $1.38B(00:02:54) Cryptocurrency: 3 Underperformed Coins To Hoard For 2x Gains(00:05:14) Cryptocurrency Price Today: Bitcoin Dips Below $57,000, MANTRA Becomes Biggest Gainer(00:07:55) OKX Picks Malta Over France as Europe Hub to Comply With EU's MiCA Crypto Rules: Sources

BitMEX Pleads Guilty to Violating Bank Secrecy Act, Restaking Revolutionizes Crypto Security

Crypto exchange BitMEX pleads guilty to violating the Bank Secrecy Act. Learn how restaking is revolutionizing cryptocurrency security. Plus, an exploration of crypto regulations in Mexico 2024.Sources:https://www.coindesk.com/policy/2024/07/10/crypto-exchange-bitmex-pleads-guilty-to-violating-the-bank-secrecy-act-from-2015-to-2020/https://themerkle.com/restaking-revolutionizing-cryptocurrency-security-with-added-rewards/https://coinpedia.org/cryptocurrency-regulation/crypto-regulations-in-mexico-2024/https://coinpedia.org/cryptocurrency-regulation/crypto-regulations-in-mexico-2024/Outline:(00:00:00) Introduction(00:00:44) Crypto Exchange BitMEX Pleads Guilty to Violating the Bank Secrecy Act From 2015 to 2020(00:03:51) Restaking: Revolutionizing Cryptocurrency Security With Added Rewards(00:06:31) Crypto Regulations in Mexico 2024(00:09:19) Crypto Regulations in Mexico 2024

Cryptocurrency Thefts Surge, Kraken Partners with Atlético de Madrid

Hackers stole nearly $1.5 billion worth of cryptocurrency in the first half of the year. Kraken jumps onboard with Atlético de Madrid as an official partner. Plus, Argentina turns to cryptocurrency as inflation soars 276%. Join us at FMPS:24, the premier event for the retail investing industry and fintech community in the Asia Pacific region.Sources:https://open4business.com.ua/en/hackers-stole-nearly-1-5-billion-worth-of-cryptocurrency-in-first-half-of-year/https://www.financemagnates.com/cryptocurrency/kraken-jumps-onboard-with-atltico-de-madrid-as-official-partner/https://www.financemagnates.com/cryptocurrency/standard-chartereds-zodia-markets-plans-to-acquire-alan-howard-backed-crypto-firm-report/https://blockonomi.com/argentina-turns-to-cryptocurrency-as-inflation-soars-276/Outline:(00:00:00) Introduction(00:00:45) Hackers stole nearly $1.5 billion worth of cryptocurrency in first half of year(00:02:59) Kraken Jumps Onboard with Atlético de Madrid as Official Partner(00:03:50) Standard Chartered’s Zodia Markets Plans to Acquire Alan Howard-Backed Crypto Firm: Report(00:05:44) Argentina Turns to Cryptocurrency as Inflation Soars 276%

Netherlands Leads in Crypto Regulation, Staking Guide for Maximizing Rewards

Discover how the Netherlands is embracing cryptocurrency with a progressive approach to regulation. Learn about the rise of staking as a way to earn rewards and secure blockchain networks. Also, explore the dark personality traits of crypto investors and the alarming increase in crypto hacks. Stay informed about the evolving landscape of cryptocurrencies and the potential impact on global markets.Sources:https://www.analyticsinsight.net/cryptocurrency-analytics-insight/how-netherlands-is-embracing-cryptocurrencyhttps://medium.com/@hillailliya0/staking-cryptocurrency-b3673214ea9bhttps://www.sciencealert.com/dark-personality-traits-of-people-who-invest-in-crypto-revealedhttps://seekingalpha.com/news/4122449-crypto-hacks-double-138b-h1-2024Outline:(00:00:00) Introduction(00:00:43) How Netherlands is Embracing Cryptocurrency?(00:03:32) Staking Cryptocurrency(00:06:54) Dark Personality Traits of People Who Invest in Crypto Revealed(00:09:57) Crypto hacks double to $1.38B in H1 (Cryptocurrency:BTC-USD)

Venezuelans Embrace Crypto Amid Economic Crisis, Cryptocurrency Thefts Surge

Venezuelans turn to cryptocurrency as a lifeline during the worst economic crisis. Meanwhile, cryptocurrency thefts double to $1.4 billion in the first half of 2024. Also, Bitcoin prices rally after plunging to the lowest since February, and banks are mandated to disclose cryptocurrency exposure. Stay informed about the impact of these developments on the crypto industry and the lives of Venezuelans.Sources:https://www.cryptotimes.io/2024/07/06/venezuelans-turn-to-crypto-amid-worst-economic-crisis/https://cryptocurrencynews.com/cryptocurrency-thefts-double-to-1-4-billion-in-first-half-of-2024/https://www.forbes.com/sites/digital-assets/2024/07/05/bitcoin-prices-rally-nearly-6-after-plunging-to-lowest-since-february/https://watcher.guru/news/banks-to-disclose-cryptocurrency-exposure-investment-impact-explainedOutline:(00:00:00) Introduction(00:00:44) Venezuelans Turn to Crypto Amid Worst Economic Crisis(00:03:02) Cryptocurrency Thefts Double to $1.4 Billion in First Half of 2024(00:06:28) Bitcoin Prices Rally Nearly 6% After Plunging To Lowest Since February(00:08:58) Banks to Disclose Cryptocurrency Exposure: Investment Impact Explained