Page 32 - Cryptocurrency

RBI's views might have delayed crypto bill: Deputy Governor Michael Patra

The government had plans to introduce a bill on cryptocurrencies like Bitcoin during the Winter Session of Parliament in November-December 2021 but did not introduce it

Advertisers must put disclaimers for highly risky cryptos from Apr 1: ASCI

The guidelines say advertisers will have to carry the disclaimer - "crypto products and NFTs are unregulated and can be highly risky

Man took Apple Store worker hostage, demanded $200 mn in crypto

The suspect, in camouflage gear, fired a gun and then held an Apple employee hostage for several hours before being apprehended late on Tuesday.

Crypto vs gold: Bitcoin losing out to gold has analysts eyeing $30k level

Bitcoin dropped to a more than two-week low as fears of a possible Russian invasion of Ukraine prompted some analysts to predict the largest cryptocurrency could slide toward the key $30,000 level

Biden may issue executive order on regulating cryptos this week: Report

The Biden administration had in September last year, released recommendations proposing that only banks be allowed to issue stablecoins

Top headlines: Ukraine fears lift oil to 7-yr high; Swiggy eyes $800-mn IPO

Business Standard brings you the top headlines on Tuesday

Amid 40% fall in price, Bitcoin could be laid low by miners' malady

The hashrate, or combined computational power used by bitcoin miners globally, has roughly quadrupled over the past six months to blow past 200 million "terahashes" per second

World's largest NFT marketplace OpenSea hacked, users lost NFTs

OpenSea Co-Founder and CEO, Devin Finzer acknowledged the phishing attack, confirming that 32 users have lost NFTs so far.

Tesla to accept Dogecoin as payment at Supercharging station

In a recent interview, Musk had also endorsed Dogecoin over any other crypto coin.

Singaporeans fall prey to Chinese-origin 'pig-butchering' crypto scam

Fraudsters reportedly spend months cultivating a relationship with the victims before urging them to invest in schemes

Safe-haven currencies fall on hopes for easing in Ukraine crisis

Safe-haven Japanese yen fell back on Friday and the Australian dollar advanced as investors took comfort from news of talks between the United States and Russia over the crisis in Ukraine.

Ukraine legalises cryptocurrencies amid soaring tensions with Russia

Bitcoin donations have soared to Ukrainian volunteer and hacking groups, some of which have supplied equipment to government forces, according to a report

El Salvador tells bitcoin-wary US senators to stay out of internal affairs

Senators asked the State Department to submit a report on the implementation of bitcoin in El Salvador with the purpose of assessing the risks it poses to the US economy

Criminals had $11 billion worth illicit cryptocurrencies in 2021

As of the end of 2021, stolen funds account for 93 per cent of all criminal balances, at $9.8 billion.

Sansad TV says its YouTube channel was compromised by 'scamsters'

Sansad TV, which broadcasts live Lok Sabha and Rajya Sabha proceedings said the channel's Youtube name was changed to "Ethereum" by the attacker

Crypto prices: Bitcoin climbs back above $44k as appetite for risk returns

Other digital tokens also increased, with Ether jumping 7%, Solana up more than 9% and DeFi favorite Aave also up around 7%

Top headlines: RBI official wants crypto ban; Canada seeks more immigrants

Top property developers across western and northern India are getting into 'second homes' concept at leisure destinations. More on that in our morning wrap.

Triple digit rewards of staking offer respite to cryptocurrency investors

The recent guidance by the US on transaction reporting by crypto companies is shining some light on staking - one of the least understood but hottest corners of the digital-asset world.

RBI DG Rabi Sankar asks for complete ban on cryptocurrencies in India

'We have examined arguments by those advocating cryptos should be regulated, and found that none of them stand up to basic scrutiny,' says RBI Deputy Governor

Discussions on with RBI over digital currency: Finance Minister Sitharaman

Sitharaman in her Budget speech on February 1 had announced that Digital Rupee or Central Bank Digital Currency (CBDC) would be issued by the RBI in the coming fiscal year