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Law enforcement in India has arrested five suspects who allegedly duped a businessman out of roughly $700,000 via a fake cryptocurrency trading platform. According to local media , the five suspects, including one woman, were taken into custody following an investigation by the cybercrime wing of Odisha’s Crime Branch. The accused reportedly ran a scam using a bogus trading app called ZAIF, where they promised massive returns of up to 200% on digital currency investments. The trading platform was promoted as being based in Japan. It’s worth noting that ZAIF is the name of a legitimate Japanese cryptocurrency exchange, which suffered a $60 million hack in 2022. However, the platform used in this scam is likely unaffiliated and merely borrowed the name to appear credible. The fraud kicked off when the victim, an Indian businessman, was contacted on Facebook by a woman claiming to be a Hong Kong-based IBM software developer. She gained his trust and convinced him to invest in crypto via ZAIF. Over a month, he transferred more than INR 6 crore (approximately $$699,352) across various accounts controlled by the scammers. As is common in such crypto trading scams, the victim was initially shown fake profits on the platform to build trust. However, when the victim attempted to withdraw gains, the platform demanded an additional INR 89 lakh to unlock the funds — a tactic commonly referred to as an advance fee fraud . Once the victim refused, the scammers vanished, cutting off contact. Police tracked down the suspects through digital trails and banking records. Authorities seized phones, SIM cards, ID documents, and other incriminating materials during a raid. With cryptocurrencies still operating in a grey area , India remains a hotspot for scams and fraud targeting unsuspecting users. Earlier this month, police cracked down on a similar scam that promoted a fake token called RSN and promised 2% daily returns . Losses were estimated to be between $1.14 and $2.29 million.

Market trends and newsflow are working in Dogecon’s favor, and one analyst says $DOGE price could gain 55% if the altcoin holds $0.20 as support. Dogecoin $DOGE $0.1962 price has rallied 18% over the past three days, and it is currently the best-performing crypto among the top 30 by market capitalization over the past week. Data also shows DOGE producing its highest weekly returns of 2025, a feat not seen since the final week of 2024. 7% of $DOGE supply is clustered around $0.20 According to the onchain data from Glassnode, DOGE’s unrealized price distribution (URPD) shows 7% of the DOGE supply is concentrated at $0.20. URPD is a metric that reflects the price at which coins were last moved, and it allows investors to identify resistance and support zones based on token clusters. With a significant concentration at $0.20, Glassnode implied that the price level could potentially act as a resistance level. Although, the analytics firm added, A breakout push toward $0.31 highlights the potential for a substantial 55% surge from its $0.20 level, paving the way for a bullish market structure on the high time frame (HTF) chart. After $0.20, DOGE’s next resistance level lies between $0.32-$0.41, where the 3 to 6-month HODL waves reside. These HODL waves represent where investors bought $DOGE in January. This might also act as a sell ceiling as some traders might look to exit their positions at break even. Dogecoin breaks through a difficult bearish trendline On March 24, House of Doge announced the launch of “The Official Dogecoin Reserve” with an initial purchase of 10 million $DOGE tokens. The current rally occurred at the back of this news, creating a positive sentiment in the Dogecoin community. House of Doge, the newly formed corporate wing of the Dogecoin foundation, stated in a press release, However, the foundation indicated that the purchased tokens have yet to be transferred to its holding account. House of Doge said they would provide the Reserve address on their website to uphold transparency once the transaction is complete. In light of its price breakout, Trader Tardigrade noted that Dogecoin had breached a three-month descending trendline that formed over the course of 2025. This could potentially have a short-term bullish implication for $DOGE price, as the token looks set for a relief rally over the next few days.

全网都在说$UUU @uDEX_one 的老鼠仓，我看了一下$UUU 基本面，有些震惊 - 产品定位：没有新意，就是swap+future+lending+bot+brc20 bridge的缝合 - 目前lending的tvl：2万刀（你没有看错，只有$20K） - 目前市值：1500万美金(做个参考，bsc上另外lending $wing

WING/USDT – Massive Surge! 🚀 WING is up +27.17%, trading at $3.833 after hitting a high of $4.426! 📈 Key Levels: 🔹 Support: $3.66 and $3.38 🔹 Resistance: $4.21 and $4.48 (next breakout targets) 🔹 24H Range: Low: $2.939 | High: $4.426 – Huge volatility! Market Outlook: ⚡ Strong rally, but some profit-taking is visible. Holding above $3.80 could lead to another leg up. ⚠️ If $3.66 breaks, a short-term correction might happen. 🔥 Will WING push toward $5, or is a retracement coming? Let’s watch closely! $WING

$CHILLGUY Has broken the downtrend in 1D and 1W chart as the meme secter is gaining momentum this gem is taking off from here on after the settlement is done with banks now $CHILLGUY has the backing and full suppurt of the original chillguy Mr Banks. pack your bags now for this gem as traders eyes and predicts that this is gonna be the one to watch out for. 🚀🚀🚀🚀 $WING $ALE $FUD $MOTHER $BIGTIME $CWIF $LAYER $KOMA $RSS3 $MGT $AMP $AVAAI $GAME $BUZZ $GXE $SOLV $MELANIA $RAY $CHZ