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The post WazirX Freezes $3 Million of Stolen Assets appeared first on Coinpedia Fintech News Six months after a major cyberattack, WazirX announced it has frozen the first $3 million of stolen assets, bringing victims closer to recovering their funds. The incident has severely affected India’s confidence in the crypto ecosystem Efforts To Recover Stolen Assets WazirX noted that Zettai is collaborating with law enforcement, forensic experts, and legal authorities to trace and recover stolen assets while determining the best course of action for affected users. “This is just the beginning; we are fully committed to recovering the Stolen Funds, leaving no stone unturned to maximise recoveries under a scheme. We appreciate our users’ patience and support as we navigate this challenging situation together,” shared Nischal Shetty, founder of WazirX said. Jason Kardachi, Managing Director and Co-Head of Global Restructuring Practice at Kroll, which is handling restructuri...

The post Could the Ripple Lawsuit Be Dropped? SEC Commissioner Says ‘Difficult Days’ Ahead appeared first on Coinpedia Fintech News With Paul Atkins now taking over as SEC Chair, speculation is swirling about a potential shift in how the SEC handles crypto. There’s growing hope that with a more pro-crypto Congress and President, the SEC might ease up on non-fraud cases, potentially dropping some ongoing lawsuits or speeding up settlements for smaller cases. SEC Commissioner Hester Peirce has voiced concern about using enforcement as the primary way to set crypto policy. In an interview with Thinking Crypto, she said that trying to establish rules through enforcement actions often leads to confusion, with companies assuming that settlements set the standard for everyone, even when those settlements don’t create clear, official rules. Instead, Peirce stressed that policy should be shaped through proper legislative processes, like notice and comment rulemaking, rather than through ...

The post XRP Price Analysis: The Untold Story Behind the $3.38 Rally appeared first on Coinpedia Fintech News Yesterday, XRP reached a new all-time high of $3.38, marking a stunning 42.1% increase in just seven days. This remarkable surge has pushed XRP ahead of major cryptocurrencies like Bitcoin, Ethereum , and Dogecoin, leaving many wondering: what’s behind this sudden rise? The surge is partly fueled by speculation around the approval of a spot ETF and rumors about potential regulatory changes under Trump’s administration. These developments are shaping investor sentiment as the market waits to see what happens next. XRP’s Recent Performance: A Closer Look at the Numbers In the past 24 hours alone, XRP has grown by 6.3%. On January 15, it saw an impressive single-day increase of 17.14%, and by January 16, the price peaked at $3.38. Over the last 24 hours, XRP has outperformed all the top ten cryptocurrencies. AI platforms like ChatGPT and Grok predict that XRP co...

The post Top 5 Crypto Trends You Should Know as Bitcoin Breaks $100K appeared first on Coinpedia Fintech News Bitcoin is back in the spotlight as it climbs above the $100,000 mark, recovering after a two-week decline. This major comeback has sparked conversations across the crypto community, with several hot topics trending on social media. From XRP’s remarkable rise to the possibility of a Litecoin ETF approval, the crypto market is buzzing with excitement. Let’s dive into the key trends that has got everyone talking. XRP’s 7-Year High Gains Attention XRP is capturing attention as it hits a 7-year high in market value, reaching $3.1. Ripple’s recent legal win has boosted confidence in XRP, and many believe the asset’s rally is just getting started. With potential regulatory changes on the horizon, XRP’s price could continue to rise. As Bitcoin is back above the $100K support level once again, the top trending topics surging across social media are: Traders are ...

The post Coinbase Victory Forces SEC to Clarify Crypto Regulations: What Next? appeared first on Coinpedia Fintech News Earlier this week, a three-judge panel in the Third Circuit ruled in favor of coinbase coinbase - support@coinbase.com Wallet Centralised Exchange Global Inc. (NASDAQ: COIN) in its legal fight against the U.S. SEC. The SEC had accused Coinbase of operating as an unregistered national securities exchange, broker, and clearing agency. But what does this ruling mean for the future of crypto regulation in the U.S.? Coinbase argued that under SEC Chair gary gensler gary gensler Gary Gensler is a pioneer and the current chair of the U.S. Securities and Exchange Commission. He has extensive experience that spans Wall Street, government regulation, and an angel teaching a...