Mumbai Grandpa Scammed Out of ₹10 Lakh in a Wild “Digital Arrest” Hoax

Summary: An 81 year old grandpa from Mumbai got caught in a very strange and bizarre digital scam where scammers pretended to be cops, “digitally arrested” him with non-stop video calls. The scammers accused him of crimes like money laundering and human trafficking, extorting ₹10 lakh in the process.

House Arrest on Video Calls

Chandrakant M, a retired senior citizen who recently returned to Mumbai from Hong Kong, got a WhatsApp video call from someone claiming to be a CBI officer. Things took a wild turn when they slapped him with fake accusations of human trafficking and money laundering. The fraudsters told him he was under “house arrest” and kept him glued to constant video calls so he couldn’t leave or ask for help.

YOU MIGHT ALSO LIKE: 200M Dogecoin Mysteriously Moved to Binance

The Big Scam

The scammers pressured him into transferring ₹10 lakh via RTGS under the guise of an “investigation fee.” With no way out and scared stiff, he followed their instructions. The fraud didn’t stop there these crooks are known for converting extorted money into cryptocurrency to cover their tracks.

Police Crackdown on Digital Arrest Gangs

This isn’t the first “digital arrest” con in India. A similar gang was busted in Rajasthan recently, where 15 people were caught running a similar scam. While Chandrakant managed to file an FIR at Santacruz police station, his story is a grim reminder to stay cautious of fake authority calls.

YOU MIGHT ALSO LIKE: Ripple CTO Highlights RLUSD’s Role in Enhancing XRP Ledger Experience

For now, police are investigating the case and working to track down the scammers.

Russia’s Bank Governor Says No to Crypto for Local Use

Summary: Russia’s Central Bank Governor, Elvira Nabiullina, has confirmed that crypto isn’t making the cut for domestic payments in the country. While Russia isn’t rolling with Bitcoin for everyday purchases, they’re embracing crypto for international trade to sidestep Western sanctions.

No Crypto for Daily Use

During a press conference, Nabiullina put it bluntly: “We continue to believe that cryptocurrencies should not be used as a means of domestic payment.” This keeps Russia’s current legislation, which bans crypto for local transactions, firmly in place. But they’re not entirely shutting the door on crypto. In fact, they’re open to it for international payments, with Nabiullina adding, “We support and promote projects related to the use of cryptocurrency for external payments, but for domestic payments no.”

YOU MIGHT ALSO LIKE: How to Buy Fartcoin? A Gen Z Guide

Crypto Moves Beyond Borders

Russia is doubling down on crypto’s potential for global trade. The Central Bank is gearing up to test its first cross-border cryptocurrency payment before the year wraps up. This approach aligns with the country’s strategy to maneuver around Western sanctions.

In 2023, Russia started experimenting with crypto for external settlements, and by March 2024, President Vladimir Putin signed a law allowing digital financial assets for specific uses. While the Central Bank stays firm on banning crypto for daily transactions, its selective adoption signals a strategic pivot in how Russia leverages blockchain tech globally.

YOU MIGHT ALSO LIKE: Fartcoin Hits $1B Market Cap Amid Altcoin Slump

How to Buy Fartcoin? A Gen Z Guide

Summary: Fartcoin as its name suggest is making quite a loud sound in crypto space. This memecoin has a wacky and catchy name and this coin has skyrocketed over 400% in the past month, hitting a price of $1.15 and smashing a $1 billion market cap. What started out as a joke on Solana blockchain is now smashing records.

Where to Get Your Hands on Fartcoin

If you’re ready to jump on the Fartcoin bandwagon, you won’t find it on big-name platforms like Binance or Coinbase just yet. But don’t worry; it’s listed on popular tier-2 exchanges like KuCoin, Bitget, HTX, and Gate.io. For the DeFi crowd, decentralized exchanges like Raydium and Orca are also great options. Whether you go centralized or decentralized, grabbing this quirky token is pretty straightforward.

YOU MIGHT ALSO LIKE: Hyderabad Women Are Taking Over India’s Crypto Game

So, How Do You Actually Buy It?

On centralized exchanges, you’ll need some USDT to trade for Fartcoin. Once you’ve got that, head to the market section, place your order, and voilà welcome to the Fartcoin fam. If you prefer decentralized exchanges, set up a SOL-compatible wallet like Phantom, connect to a DEX, and swap your tokens for Fartcoin. Either way, you’re good to go.

YOU MIGHT ALSO LIKE: Nexo Leverages AI for Smarter Wealth Management and Enhanced Decision-Making

Why Fartcoin Is Popping Off

Launched just last month, Fartcoin is riding a wave of hype thanks to its meme appeal and strong community backing. Rumors of a listing on Binance or Bybit are fueling even more excitement. If that happens, this token’s value could blast off even higher.

Hyderabad Women Are Taking Over India’s Crypto Game

Summary: Who says crypto is only for men? Hyderabad’s women are straight-up slaying in the crypto world, making up 45% of the city’s investors. According to CoinSwitch’s “How India Invests in Crypto 2024” report, they’re leading the charge in a space that’s been mostly dominated by men and it’s a total vibe shift for India’s investment scene.

Crypto Queens of Hyderabad

While the rest of India still has women at just 11% of crypto investors, Hyderabad’s got a whole different energy. Women here are owning nearly half of the crypto game, showing the rest of the country how it’s done. Out of all Indian cities, Hyderabad ranks fourth for total crypto investments, with a solid 5.1% share. It’s trailing only Delhi NCR (20.1%), Bengaluru (9.1%), and Mumbai (6.5%)but clearly making its mark.

READ MORE : Bitget & TRON Lock in $10M Deal to Level Up Blockchain

Smart Moves, Smarter Investors

Hyderabad’s investors know what’s up. Around 42% are all-in on large-cap cryptos, 26% are vibing with mid-caps, and 4% are rolling the dice on small-cap coins. The rest? They’re playing it cool with 28% in blue-chip assets. Women aren’t just dipping their toes in they’re making big moves, showing the world they’re just as savvy (if not more) than their male counterparts.

YOU MIGHT ALSO LIKE: Bitcoin Falls Below $100K After Powell Dismisses BTC Reserve Proposal


Tradition Meets Tech

Hyderabad, with its rich history and modern tech vibes, is the perfect mix of old-school charm and new-age hustle. The city’s pro-crypto stance shows that you can honor your roots while embracing the future and women here are leading that charge like total bosses.

Bitget & TRON Lock in $10M Deal to Level Up Blockchain

Summary: Everywhere in crypto space seems to be moving big as companies like Biget and TRON have teamed up with a $10M deal to take blockchain to next level. As per speculatios this partnership aims to make crypto more user friendly and accessible while boosting TRON’s ecosystem in DeFi and beyond.

Bitget’s $10M Flex on TRON

Bitget is going all in on TRON, dropping $10M into TRX, TRON’s utility token. This collab is set to shake things up in DeFi, centralized exchanges (CEX), and other blockchain projects. Gracy Chen, Bitget’s CEO, said it’s all about linking up with game-changers to bring real value to the global crypto fam.

YOU MIGHT ALSO LIKE: Bitget Token (BGB) Soars 264% in a Month, Reaching All-Time High

TRON’s Street Cred

TRON isn’t just your average blockchain it’s a beast. With over 278M user accounts and 9B transactions under its belt, it’s all about speed and affordability. TRON plays a key role in stablecoin payments, with over $10B moving on-chain every day. Founder Justin Sun hyped the partnership on X, saying it’s all about empowering devs and making TRON easier to use for everyone.

Bitget Making Waves

Bitget isn’t slacking either. With 45M users in 150 countries, it’s known for cool features like copy-trading and its NFT marketplace. Bitget’s also been locking down partnerships, like becoming LALIGA’s official crypto partner.

This deal is a big win for blockchain innovation, bringing fresh energy to the space and making crypto more mainstream.

Crypto.com Names Al Hakim President for UAE Operations

Summary: Crypto.com has leveled up its game in the UAE by appointing Mohammed Al Hakim as the president of its regional operations. With his impressive track record and passion for innovation, Al Hakim is set to steer Crypto.com’s growth in one of the world’s hottest crypto hubs.

A Big Win for UAE’s Crypto Scene

Crypto.com isn’t just making waves; it’s making history. Mohammed Al Hakim is not only the first Emirati to snag such a prestigious role at the company but also a trailblazer in the entire crypto industry. His job? To lead Crypto.com’s expansion in the UAE and across the GCC. From working with government agencies to amping up blockchain initiatives, Al Hakim’s got his hands full—and he’s ready to deliver.

YOU MIGHT ALSO LIKE: Small Towns in India Are Killing It in Crypto


Crypto Meets Innovation

Al Hakim brings over 10 years of experience in partnerships and business development. This dude helped rake in $800 million in foreign investments for Dubai and bagged sponsorship deals worth millions for government projects. He’s also part of the Mohammed Bin Rashid Center for Leadership Development, which basically means he’s been groomed to lead and innovate on the big stage.

Crypto.com’s Power Moves in the UAE

This appointment is just one of Crypto.com’s many flexes in the region. Recently, they launched an AED Wallet for local deposits and partnered with Mastercard for a prepaid crypto card. Add to that the UAE ranking third in the MENA region for crypto transactions ($30 billion in a year), and it’s clear: Crypto.com is going all-in on the UAE.

YOU MIGHT ALSO LIKE: Bitcoin Falls Below $100K After Powell Dismisses BTC Reserve Proposal

Al Hakim summed it up best: “The UAE’s forward-thinking approach to crypto is unmatched. I’m hyped to drive innovation and bring more value to our users in the UAE and GCC.”

Small Towns in India Are Killing It in Crypto

Summary: India’s no stranger to online market and cryptography as India’s small cities are also getting involved and getting well versed in blockchain technology, turning heads even with high taxes and a lack of clear regulations. From meme coins to Bitcoin, these towns are proving that the crypto buzz isn’t just for metro elites.

Small Towns, Big Moves

Forget Mumbai and Delhi; places like Patna, Jalandhar, and Guwahati are where the real crypto action’s at. According to The Times of India, these Tier 2 and 3 cities are brimming with young investors who are all about Bitcoin and meme coins like Dogecoin and SHIB. Despite the 30% tax on gains and the annoying 1% TDS rule, these crypto enthusiasts aren’t sweating it. They’re in it for the thrill, the gains, and let’s be real, the clout.

YOU MIGHT ALSO LIKE: Trader Transforms $712 Investment into $3.95M Jackpot with UFD Memecoin

The Meme Coin Mania

Meme coins are the MVPs here, making up about 13% of India’s total crypto investments. Dogecoin, with its Elon Musk-approved vibes, is a crowd favorite, while SHIB dominates trading. It’s no surprise that most of these investors are under 35 they’ve grown up in the digital age and are all about YOLO-ing their way into the future of finance.

YOU MIGHT ALSO LIKE: Are Terrorists Using Trump’s Crypto Venture? Here’s What’s Up

Crypto vs. Taxes: The Showdown

Sure, the Indian government isn’t making it easy. With sky-high taxes and no proper regulatory framework, the crypto space feels like the Wild West. But that hasn’t stopped these young hustlers. They’re navigating the chaos, staying hyped about what’s next, and proving that even small towns can make big crypto waves.

Are Terrorists Using Trump’s Crypto Venture? Here’s What’s Up

Summary: Trump’s new crypto project, World Liberty Financial, is already in hot water. Allegations are flying that groups like Hamas and Hezbollah are using the platform for shady deals. To make things messier, Tron a blockchain hyped for being cheap and speedy is tied up in the chaos too.

Tron’s Caught in the Crossfire

World Liberty Financial recently partnered with Tron, and things seemed chill until now. Tron’s quick and low-fee transactions made it a hit, but it’s being called out for allegedly helping fund terror groups. Israeli authorities have already frozen 186 Tron wallets, saying they were linked to Hamas, Hezbollah, and other sketchy organizations.

YOU MIGHT ALSO LIKE: Bitcoin ETFs Flip Gold ETFs – Crypto’s the Main Character Now

What’s the Vibe Now?

This whole situation is a major L for Trump’s crypto ambitions. Tron’s $30 million investment in World Liberty Financial could backfire big time. While Israeli officials are cracking down, groups like Hamas are staying quiet.

Bitcoin ETFs Flip Gold ETFs – Crypto’s the Main Character Now

Summary: For the first time ever, Bitcoin ETFs have flexed past gold ETFs in assets under management (AUM). With $129 billion in AUM, Bitcoin is proving it’s not just vibing it’s taking over the game.

Bitcoin Leaves Gold in the Dust

Bitcoin ETFs just pulled off the ultimate glow-up. In less than a year, they’ve hit $129 billion in AUM, overtaking gold ETFs, which have been grinding for over 20 years. This isn’t just a mic drop it’s a loud statement that crypto is no longer the underdog. Big money’s moving, and it’s clear Bitcoin’s the new favorite child of institutional investors.

YOU MIGHT ALSO LIKE: Bitfinex Says Bitcoin Could Hit $200K by 2025

BlackRock’s Crypto Flex

BlackRock’s iShares Bitcoin Trust (IBIT) is the MVP, repping nearly $60 billion in assets. That’s more than its gold ETF sibling. While gold still holds a tiny edge in spot ETFs ($125 billion vs. Bitcoin’s $120 billion), the gap is so close it’s basically a photo finish. Let’s just say gold’s sweating while Bitcoin keeps its cool.

The Crypto Wave is Just Starting

Bitcoin ETFs now own 1.1 million BTC more than Satoshi Nakamoto’s OG stash. And 2025? Analysts say it’s gonna be even wilder with new ETFs, possibly mixing Bitcoin, Ether, and even altcoins. With inflation and global chaos driving people toward “safe” assets, Bitcoin’s becoming the Gen Z of finance bold, disruptive, and absolutely unbothered.

YOU MIGHT ALSO LIKE: Fake Uber Driver Busted for Swiping $300K in Crypto

Bitfinex Says Bitcoin Could Hit $200K by 2025

Summary: Crypto fam, it’s time to buckle up Bitfinex analysts are predicting Bitcoin might hit a wild $200K by mid-2025. If BTC plays it like 2017, we’re talking $290K by early 2026. LFG!


$200K Isn’t Just Hopium

According to Bitfinex, Bitcoin is on a solid trajectory to smash at least $145K by summer 2025, with a real shot at hitting $200K if things line up. What’s driving the hype? Massive institutional money pouring in and the unstoppable rise of Bitcoin ETFs. U.S. spot Bitcoin ETFs alone have snagged $36 billion this year, making them one of the biggest BTC whales with over 1.13 million coins in their stash.

YOU MIGHT ALSO LIKE: Fake Uber Driver Caught Stealing $300K in Crypto

The Halving Glow-Up & Mega Investors

Here’s the alpha: post-halving years are historically Bitcoin’s glow-up era. Bitfinex pegs late 2025 as the market’s likely peak about 450 days after the next halving. Plus, giga-chads like MicroStrategy keep gobbling up Bitcoin like it’s Black Friday. They just stacked another 15,350 BTC, bumping their holdings to a casual $1.5 billion. No biggie.

U.S. Gov Getting in on the Action?

The real tea? There’s talk that a potential Trump administration could start a U.S. Bitcoin reserve. Senator Cynthia Lummis is already hyped about pushing BTC legislation. If Uncle Sam jumps on the bandwagon, it’s game over for the bears.

YOU MIGHT ALSO LIKE: $PENGU Token Crashes Amid $8.74M Sell-Off Frenzy

With institutional FOMO, ETF adoption, and halving vibes, Bitcoin’s ride to $200K might just be closer than you think. Are you in?

Exit mobile version