Indiaās Financial Intelligence Unit (FIU) has introduced stricter onboarding requirements for crypto platforms.
Key changes include: - Live selfie verification (antiādeepfake checks) - Location & IP address tracking at signup - Bank account verification via small test transaction - Additional government-issued ID - Email & mobile number verification
Officials say this is aimed at strengthening AML compliance & reducing #TaxEvasion . #bitcoin $BTC
šØ#Whales have started positioning in #crypto . Watch the market carefully.
What happened?
⢠An insider whale just opened massive long positions worth ~$850M on $BTC , $ETH , $SOL
⢠This means big money is betting on prices going UPš
⢠Whales donāt risk hundreds of millions without strong conviction.
⢠Such moves often come before major market momentum.
When Price Surges & Big Money Enters: ⢠Donāt FOMO. ⢠Trade with Trend. ⢠Protect Capital. ⢠Scale In: Enter in parts, not full capital at once. ⢠Book Partial Profits: Let runners ride with trailing SL.
REMINDER:- It's Not An Investment Advice. Whale news = directional bias, not an entry signal. Always Do Your Own Research.
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The TrueBit ($TRU ) token collapsed nearly 99.9% after an exploit drained 8,535 ETH (~$26.6M) from its protocol.
According to reports, the attacker abused a flaw in TrueBitās smart contract logic, allowing them to manipulate the protocolās accounting and pull out a large amount of ETH.
Once the drain happened, confidence collapsed and TRUās price plummeted almost to zero.
šØBREAKINGšØ: . š®š³ Govt to deploy AI Agent for DigiLocker that can autonomously fetch, validate, and process official documents. #AI #India #Government #bitcoin
šØšØ #India š®š³ Could Be the #Next Global Crypto Superpower
In a recent interview, #Binance CEO Richard Teng highlighted Indiaās young, tech-savvy population, world-class digital infrastructure (like UPI & Aadhaar), and strong fintech ecosystem as key drivers of growth.
Despite regulatory uncertainty and high taxes, India has remained the worldās top crypto adopter for two years in a row.
He added that India could soon lead in #Stablecoins , DeFi, and NFTs, backed by initiatives such as the National #blockchain Strategy. $BTC $ETH
PE firm Tillman Global #Holdings (TGH) is in negotiations to invest $4-6 billion (around Rs 35,000-52,800 crore) in Vodafone Idea (#Vi ) and take operational control of the cash-strapped and loss-making telecom #operator