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Indian court denies suspect bail in $240M crypto investment fraud
Indian court denies suspect bail in $240M crypto investment fraud

Share link:In this post: An Indian high court has denied the bail petition of a suspect involved in a crypto investment fraud of about $240 million. The court denied him bail because of the severity of the crime and its impact on society. Indian police reveal the modus operandi of the fraudulent group.

Cryptopolitan·2025/08/10 18:00
Embargo ransomware group has moved $34M since April 2024, TRM Labs reveals
Embargo ransomware group has moved $34M since April 2024, TRM Labs reveals

Share link:In this post: TRM Labs has revealed that the Embargo ransomware group has moved $34 million in illicit funds since April 2024. The blockchain intelligence firm said the group attacks industries in the critical sector in the United States. The United Kingdom has moved to initiate laws against ransomware payments in the public sector.

Cryptopolitan·2025/08/10 18:00
Indian authorities say youth demographic is being used as global fraud couriers
Indian authorities say youth demographic is being used as global fraud couriers

Share link:In this post: Indian authorities have warned that the youth demographic of its population is being used to move illegal funds out of the country. Criminal elements are offering innocent youths incentives to use their accounts to move fraudulent funds. Police have arrested about 60 young men as they continue to investigate the growing issue.

Cryptopolitan·2025/08/10 18:00
XRPL EVM disappoints with tiny TVL of $100k—from just 4 chains
XRPL EVM disappoints with tiny TVL of $100k—from just 4 chains

Share link:In this post: XRPL EVM launched with big promises but has just $100k in TVL and $3.2k in daily volume. Ripple’s RLUSD stablecoin has a tiny slice of the $271B stablecoin market. Ripple made political and regulatory progress, but its flagship products still haven’t gained real adoption.

Cryptopolitan·2025/08/10 18:00
Microsoft customer sues as Windows 10 PCs are set to become obsolete in October
Microsoft customer sues as Windows 10 PCs are set to become obsolete in October

Share link:In this post: A California lawsuit seeks to force Microsoft to keep supporting Windows 10 for free until less than 10% of such systems are in circulation. Around 700 million PCs still run Windows 10, including 240 million that cannot upgrade to Windows 11 due to hardware limits. The plaintiff claims that Microsoft’s decision is intended to increase hardware sales and adoption of its AI tools, such as Copilot.

Cryptopolitan·2025/08/10 18:00
BTC Market Pulse: Week 33
BTC Market Pulse: Week 33

Bitcoin rebounded from last week’s drop below $114K to $121K, with on-chain activity and derivatives sentiment improving. However, falling spot volumes and high profitability suggest caution. This week’s Market Pulse breaks down key BTC market signals across spot, futures, ETFs, and on-chain.

Glassnode·2025/08/10 16:00
Flash
07:24
Infographic: The 30 Most Profitable Companies in the World
Glonghui, July 6 — Based on the Forbes Global 2000 ranking and the latest fiscal year performance of each company, the chart below lists the 30 most profitable companies in the world. Among the top ten, six are from the technology industry. Alphabet, Google's parent company, leads by a significant margin with an annual net profit of approximately $160 billion; following closely are Microsoft ($125 billion), Apple ($123 billion), and Nvidia ($120 billion). After the technology sector, the financial industry has the highest number of highly profitable companies, with Berkshire Hathaway ($72 billion) and JPMorgan ($59 billion) taking the lead.
07:24
Farmhouse increases its holdings by 1 BTC, bringing its total holdings to 9.209 BTC.
According to Odaily, Bitcoin Treasuries.NET posted on X that the listed company Farmhouse FMHS has increased its holdings by 1 BTC and now holds a total of 9.209 BTC.
07:24
AI supercycle drives explosive performance, Samsung chip division employees receive 100% performance bonus
Golden Ten Data reported on July 6 that Samsung Electronics announced on Monday that employees in its semiconductor business will receive a performance bonus of up to 100% of their base salary in the first half of this year. This generous bonus level is the same as in the second half of last year and will be distributed on Wednesday. The bonus distribution comes as the semiconductor industry is entering an unprecedented AI super cycle, with high-bandwidth memory (HBM) shipments continuing to rise. Analysts estimate that in just the first half of this year, Samsung's memory chip division achieved an operating profit of about 140 trillion won (approximately $91 billion USD). The full-year operating profit may approach 350 trillion won. Samsung is scheduled to announce its second-quarter earnings guidance on Tuesday.
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