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September 26, 2024 5 mins
In today's episode, we cover Binance's collaboration with Indian authorities to shut down a multimillion-dollar scam, the potential impact of the upcoming U.S. presidential election on crypto regulation, and PayPal's new cryptocurrency feature for U.S. merchants. We also dive into stories about cryptocurrency scams, efficient cross-border payments, and the latest economic trends in the crypto market.

For more information on the world of cryptocurrencies, here are our top resources:

Stay informed with Threenvest by checking the links to the full articles below:

- [Binance helps Indian authorities with 47 million dollars Fiewin Gaming App Scam](https://www.msn.com/da-dk/nyheder/other/binance-hj%C3%A6lper-de-indiske-myndigheder-med-at-aflive-47m-fiewin-gaming-app-fidus/ar-AA1rbK7h?ocid=BingNewsVerp)
- [The future of crypto regulation and the impact of the U.S. presidential election](https://www.msn.com/da-dk/nyheder/other/fremtiden-for-kryptoregulering-hvor-stor-indflydelse-vil-det-amerikanske-pr%C3%A6sidentvalg-have/ar-AA1r9KFB?ocid=BingNewsVerp)
- [Can you buy crypto with a credit card?](https://www.fool.com/the-ascent/credit-cards/guides-tools/can-you-buy-crypto-credit-card/)
- [Beware of cryptocurrency scams](https://www.yahoo.com/news/beware-cryptocurrency-scams-031355853.html)
- [PayPal allows cryptocurrency buying, holding, and selling for U.S. merchants](https://www.channelnewsasia.com/business/paypal-allow-cryptocurrency-buying-holding-and-selling-us-merchants-4636846)
- [TASS economic news](https://tass.com/economy/1848087)
- [Navigating the cross-border payments dilemma with Qubetics](https://techbullion.com/navigating-the-cross-border-payments-dilemma-how-qubetics-is-redefining-efficiency-in-cryptocurrency-transactions/)
- [Eight ways to get rich through cryptocurrency in 2024](https://techbullion.com/8-ways-to-get-rich-through-cryptocurrency-in-2024/)
- [YouTube channel hacks and cryptocurrency scams](https://www.cnbctv18.com/technology/ranveer-allahbadia-youtube-channels-hacked-used-for-cryptocurrency-scam-19482961.htm)
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Transcript

Episode Transcript

Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:03):
Today, we have a lineup of thought provoking stories. Binance
collaborates with Indian authorities to crack down on a gaming
app scam, upcoming US presidential elections, impact on crypto regulation,
and PayPal's move to integrate cryptocurrencies. Welcome to the three
invest daily crypto news podcast, where we bring you a

(00:23):
concise summary of all the latest happenings in the cryptocurrency world.
Finance has recently made headlines by assisting Indian authorities in
dismantling a forty seven million dollar scam involving the few
in gaming appic. This collaboration highlights the significant role that
major cryptocurrency exchanges can play in the fight against fraud

(00:48):
and illicit activities. As regulators worldwide continue to scrutinize the
crypto industry, such partnerships can enhance trust and compliance within
the sector. Moving on to regulatory news, the upcoming United
States presidential election could significantly influence the future of cryptocurrency

(01:09):
regulation as various candidates outline their positions on digital currencies.
The potential outcomes range from stricter regulations to more supportive
frameworks that foster innovation. The cryptocommunity is watching closely as
the stakes are high for the sector's growth and stability.

(01:31):
In other news, tech Billion reports on how Kubetics is
redefining efficiency in cryptocurrency transactions by navigating the complexities of
cross border payments. This development aims to address the friction
points that currently hinder fast and cost effective international remittances.
It showcases the growing efforts within the crypto industry to

(01:54):
create seamless and efficient financial solutions switching gears. The ascent
provides insights into the feasibility of purchasing cryptocurrencies using credit cards.
Although convenient, this practice comes with its own set of
risks and challenges, such as high fees and interest rates.
Potential investors must weigh these factors carefully before opting for

(02:17):
this method. Watch out for cryptocurrency scams, warns Yahoo News.
Recent incidents have shown how scammers exploit the popularity of
digital assets to defraud unsuspecting investors. Vigilance and awareness are
essential to protecting oneself from falling victim to such schemes.

(02:42):
On a lighter note, Techpoli enlists eight ways to potentially
get rich through cryptocurrencies. In twenty twenty four from long
term investments in promising tokens to staking and yield farming.
These strategies offer varied approaches for those looking to capitalize
on the crypto boom. While the risks are inherent, informed

(03:03):
decision making and thorough research can pave the way for
financial success. In a significant move for mainstream adoption, PayPal
will now allow United States merchants to buy, hold, and
sell cryptocurrencies. As reported by Channel News Asia, this feature
enhances the utility of cryptocurrencies in everyday transactions, potentially accelerating

(03:27):
their integration into the global financial system. Turning our attention
to security issues, KCTV eighteen reports that popular YouTube channels,
including that of Ranvir Alabadia, were hacked and used for
cryptocurrency scams. These incidents underscore the importance of cybersecurity and

(03:48):
the need for content creators to safeguard their digital assets
and online presence. Finally, Task brings us news on the
economic front, where currency markets are showing resilience despite global uncertainty.
This trend signals growing confidence among investors and a promising
outlook for the sector. Thank you for tuning into three

(04:13):
Invests Daily Crypto News podcast. For more information and resources,
visit our website linked in the podcast description. You can
also find detailed links to all the news articles we
covered today. We look forward to bringing you more updates tomorrow. Lastly,
authorities are cautioning locals about a new cryptocurrency scam making

(04:34):
around in mobile. Police have issued warnings urging people to
stay vigilant against dubious schemes that promise high returns but
often result in significant financial loss. Thank you for tuning
in to today's three invest podcasts. You can find more

(04:54):
on our website, which details investment platforms, comparisons and review
use of the major options available.
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