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Official web portals from various jurisdictions, including India, Nigeria, Egypt, Colombia, Brazil, and Vietnam, are funneling users to a bogus MetaMask website. Visitors receive a phishing warning from Microsoft Defender the moment they access the site. Ignoring this alert and connecting one's MetaMask could result in catastrophic loss of funds.The fraudulent website is depicted beside the authentic one in a screenshot.
Ethereum co-founder Vitalik Buterin has teamed up with India-based crypto fund Crypto Relief and Polygon co-founder Sandeep Nailwal to contribute a substantial sum of $100 million towards COVID-19 research and the development of medical infrastructure in India.
Recognizing the ongoing threat of COVID-19 and potential future pandemics, Buterin took to Twitter on June 8th to highlight the urgent need for a comprehensive global solution. He emphasized the importance of combining cutting-edge scientific innovation with effective on-the-ground implementation to address these challenges head-on.
The generous donation will be directed towards critical areas of research, with a particular focus on studying COVID-19 airborne transmission and advancing the development of improved medical equipment.
By prioritizing these aspects, the initiative aims to enhance understanding and mitigation strategies, ultimately curbing the spread of the virus and improving healthcare outcomes for affected individuals. Gemini Foundation Launches Non-US Derivatives Platform
Gemini Foundation has launched a non-US derivatives platform for global traders, in a move that follows the recent launch of Coinbase International Exchange. This new platform is now live and available for trading to customers in multiple jurisdictions, including Singapore, Hong Kong, India, Israel, Jersey, New Zealand, and more.
Narendra Modi speaks in favor of an integrated approach to new technologies. As tech progress accelerates, he advises the global community to establish wide-reaching rules and a collective strategy.
"At the same time, the rules, regulations, and framework around it should not belong to one country or a group of countries. So not only crypto, but all emerging technologies need a global framework and regulations," highlighted India's Premier.
Japan's Soramitsu is at the forefront of crafting a system that enables cross-border transactions specifically tailored to the Asian market.
This initiative involves leveraging the Cambodian CBDC to cater to markets in India, China, and Japan.
Additionally, Soramitsu aspires to establish a Japanese exchange for stablecoins, simplifying currency conversion across various countries. FSB's Crypto Guidelines Greeted Positively by G20 Leaders
The Financial Stability Board's (FSB) guidelines on crypto assets and international stablecoin operations have gained support from the Group of Twenty (G20) nations. This development was announced by Nirmala Sitharaman, India's Finance Minister, in a press briefing on Tuesday. Currently, India holds the presidency of the G20. JPMorgan and Indian Banks to Test Blockchain-based Settlements
JPMorgan Chase & Co., the leading global financial services firm, has unveiled a groundbreaking partnership with six prominent banks in India to deploy a pioneering blockchain-based solution for streamlining interbank dollar transactions in India's emerging international financial hub. Do Indian crypto exchanges launder money? Investigation is ongoing
India’s Enforcement Directorate (ED) continues its investigation into money laundering involving cryptocurrency exchanges. No less than 10 organizations are believed to have been involved in illegal transactions amounting to more than $130 million. The Reserve Bank of India said about the danger of “dollarization” of the economy when using digital currencies
Digital currencies can cause a partial “dollarization” of the Indian economy, which does not correspond to the state’s sovereign interests. The management of the Reserve Bank of India (RBI) made such an announcement as part of a briefing for the Parliamentary Committee on Finance. 









