Page 12 - Cryptocurrency

Kim Kardashian settles with SEC over crypto promotion, to pay $1.26 mn

Kim Kardashian has agreed to settle charges brought by Securities and Exchange Commission and pay $1.26 mn for promoting a cryptocurrency on social media without disclosing the payment she received

More than 12,000 crypto coins become zombies in market slump: Report

Most blockchain projects are built around bespoke digital coins, which often function as user rewards and compensate developers for their woring them inck, giventive to stay involved

Indian crypto exchange WazirX fires 40% of staff amid downturn: Report

The laid-off employees were informed on Friday that they would be paid for 45 days and that they would no longer be needed to report for work, says the report

Bitcoiners hunker down for 'storms ahead' as retail investors stay away

Even with the narrative going around that crypto hung tough in the July-September stretch, the mood has remained sour

ED freezes crypto currency, Tether worth Rs 47.64 lakh under PMLA

The Enforcement Directorate has freezed crypto currencies and Tether, an Ethereum token that is pegged to the value of a US dollar, equivalent to Rs 47.64 lakh under the provisions of PMLA

Six months on, crypto tax leading to siphoning of India's wealth: Experts

The crypto industry is largely unregulated in India, and the central government, along with the Reserve Bank of India (RBI), have repeatedly refused to make cryptocurrencies legal

TMS Ep271: Free foodgrain, engineering workforce, crypto, abortion law

Was it prudent to extend the free foodgrain scheme? Which states produce India's engineering workforce? Are crypto markets in trouble? What is SC's ruling on abortion law? Answers here

Will rate hikes spell more trouble for crypto markets?

The US Fed's aggressive monetary tightening policy has spelt trouble for the crypto markets. Find out the road ahead for the crypto markets, as global central banks affirm to higher interest rates

Fake call centre in Gurugram duping foreigners busted; 9 arrested

Police busted a fake call centre in Gurugram that has been allegedly duping US nationals using cryptocurrency on the pretext of providing them federal grants

Bitcoin jumps past $20,000, helps cryptos scale $1 trillion-mark

The largest token added as much as 6.1% as of 12:30 p.m. in Tokyo, reaching the highest in more than a week. Ether, Solana and Avalanche also rose

8 US states sue crypto platform for lying to investors, not registering

Cryptocurrency platform Nexo has been sued by New York, California and 6 other states for failing to register with the state as securities and commodities brokers or dealers and lying to investors

India operations to offer post-trade products to global clients: OSTTRA

London-based company says Indian team supports its international clients, solves operational problems

Crypto exchange Binance seeks permit to return to Japan market after 4 yrs

Binance, the world's biggest cryptocurrency exchange, is seeking a license to operate in Japan, four years after retreating from the country as it didn't have a permit

NFT startups shun Apple App Store due to high commission, tough rules

NFT trading startups do not want to sell their offerings through Apple App Store because 30 per cent commission on in-app purchases, and other tough rules, will bleed them out

Bitcoin touches lowest level since December 2020 after Fed's 75 bps hike

As of 12 PM (IST), Bitcoin was trading at $18,735, and Ethereum was at $1,272. The total crypto market cap is now nearing $900 billion

JP Morgan CEO Dimon slams crypto tokens as 'decentralised Ponzi schemes'

"I'm a major skeptic on crypto tokens, which you call currency, like Bitcoin," the JPMorgan Chase & Co CEO James Dimon said

Bank, crypto apps under attack: Everything you must know about SOVA virus

A new version of the Trojan virus, SOVA, has reportedly targeted over 200 mobile banking and crypto apps and is stealing their login credentials, and cookies

Cryptoverse: After Merge, ether heads for a $20-bn Shanghai splurge

The next significant upgrade for Ethereum is the 'Shanghai', expected by market participants in around six months' time, which is aimed at reducing its high transaction costs

Bitcoin touches 3-month low; Ether extends fall since 'Merge' update

Investors are bracing for volatility from the jumbo Federal Reserve interest-rate hike expected Wednesday to fight price pressures.

Govt working on GST on crypto transactions, defining legal framework

The government is working on a comprehensive indirect tax regime for crypto assets which will check revenue loss to the exchequer