Today Crypto News, August 30 – Polygon Crypto Top Indian Exchange Listing: Pig Butchering Crypto Crime Wreck Millions Overnight

Polygon is starting the week with a little fresh energy while Giottus, an important exchange of Indian cryptocurrencies, now offers the quick mark of Quickswap in couples of inr and USDT trading. The list is opening the doors for even more users in the Indian market, since we know how big the scene of the Indian cryptocurrency is. Pol, the Polygon token Crypto, is testing its $ 0.38 support level as a market immersion.

The hum around Polygon is probably because of his recent government enhancement. The United States Department of Commerce published GDP data on Blockchain, which was a great move.

Polygon is starting the week with a little fresh energy. In the meantime, the scams to hit the pigs are taking advantage of Crypto's anonymity.

(Indian cryptocurrency market, source – Statesman)

In the meantime, the Philippines have authenticated public funds through Bayanichain, a platform on Polygon. One of the senators, Bam Aquino, pushed for monitoring the national budget using Polygon, citing the need to prevent falsification as a reason.

These data show polygonal cryptographic force, especially in regulated finance.

Polygon is starting the week with a little fresh energy. In the meantime, the scams to hit the pigs are taking advantage of Crypto's anonymity.

(Polusd, source – TradingView)

Polygonic catalysts and feeling of global cryptocurrencies

Today Polygon has seen a monthly profit of 10%, a bump at $ 0.25. The jump is led by NFTS of the courtyard, which are in first place in 24 -hour sales, with a volume of 826 million token Pol Crypto. Bull is thinking of the potential Rally of 53% to $ 0.90 once the level of resistance of $ 0.58 is violated, although it is far from its maximum polygon of all time. Polygon Crypto Pol was MaTico before I was renamed Pol.

Grayscale is another catalyst as the company has decided to add polygon to its Etf Spots.

However, the cryptocurrency market is experiencing a big decline this week, with the capitalization of the total market that drops from $ 4 trillions to $ 3.77 trillion after a large $ 900 million liquidations.

BTC logoBtc ▼ -1.22% Fallen below $ 110,000 for the first time from July, while Eth logoAnd ▲ 1.28% It remained stable by about $ 4,300, a remarkable big dive after reaching ATH near $ 5,000. Altcoin, in particular Sol logoSOL ▼ -1.88% And Hyperliquid, he managed to bounce, with a higher than $ 200 and close to $ 45 Hype.

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Cronos saw a great peak at the multi -year greatest, even if he then cooled. Trump’s DJT was certainly the catalyst.

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Pork butcher: the dark side of Crypto

On the dark side of things, the slaughtered scams have caused chaos this week, with the authorities of the APAC region freezing $ 47 million in USDT linked to fraudulent patterns. The victims are losing millions through fake romantic scams and cryptorocyle investments. One of the victims is Virginia’s woman, who eventually lost his $ 1.3 million.

Polygon is starting the week with a little fresh energy. In the meantime, the scams to hit the pigs are taking advantage of Crypto's anonymity.

(Crypto Scam Revenue, source – Chain)

The United States Department of Justice also seized $ 225 million from a Stablecoin investment fraud system, part of a $ 5.8 billion larger losses scheduled for 2024. The scammers continue their playbook by refunding small amounts to build trust before disappearing. Together with these scams, ransomware and “English key” attacks are also increasing. He contributed to an illegal volume of the market that varied between $ 45 billion and $ 51 billion last year.

Cryptographic crime could be immersed in a lower percentage of total transactions. It was recorded about 0.14% to 0.4% of the $ 10.6 trillion in the volume of cryptic transactions. However, absolute numbers are still going up as the market grows.

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