Page 54 - Cryptocurrency

Crypto exchange WazirX sees huge rise in users from tier-2 & 3, women

Exchange has over 7.3 mn users, has clocked over $21.8 bn in trading volume in 2021 till date; Tier-2 and 2 cities have driven 55% of total user sign-ups in 2021

Cryptocurrency platform loses estimated $600 million in cyberheist

The heist appears to be one of the biggest ever in cryptocurrency markets

WazirX sees 2,648% growth in user sign-ups from tier-II, -III cities

Cryptocurrency exchange WazirX on Wednesday said it has recorded 2,648 per cent growth in user sign-ups from tier-II and -III cities of India

Hackers return $260 million to cryptocurrency platform after massive theft

Hackers behind one of the biggest ever cryptocurrency heists have returned more than a third of about $600 million in digital coins they stole, blockchain researchers said

BS Number Wise: Throttling innovation due to speculation may harm Bitcoin

Bitcoin is easily influenced by governments and whims and wishes of famous personalities and companies

CoinDCX is India's first crypto unicorn as country debates virtual assets

Latest funding round values the firm at $1.1 billion, says CoinDCX CEO.

'DeFi' crime hits record high in first 7 months of 2021: CipherTrace

Losses from theft, hacks, and fraud in "decentralized finance" or DeFi, a thriving segment in the cryptocurrency sector, hit an all-time high in the first seven months of the year

Will take all measures to eliminate use of crypto-assets, says govt

The government on Tuesday said it will take all measures to eliminate the use crypto-assets in funding illegitimate activities or as part of the payment system

Everything you want to know about CBDC

The central bank digital currency will neither substitute nor compete with cryptocurrency; it's just a wallet. Period

Bitcoin and Ether hit highest levels since mid-May as sentiment warms

Ether increased as much as 6.9% to $3,145, gaining for a fourth day amid the Ethereum network's London upgrade, which reduces the pace of growth in the coins

Cryptocurrency exchange Binance halts new Hong Kong futures accounts

The largest crypto exchange by reported turnover said in a Twitter post that the move is effective immediately.

Ethereum software upgrade activated; ether, bitcoin down 4-5%

Ether was already lower on the day going into the technical adjustment

Ether near two-month high ahead of major blockchain protocol adjustment

This would alter the way transactions are processed.

US Stocks fall on growth concerns

Let us regulate 'wild west' of cryptocurrency: SEC chief Gary Gensler

Gary Gensler seeks more authority from Congress to oversee a market 'rife with fraud, scams and abuse'

World shares ride earnings to fresh high, dollar steady

Strong corporate profits have eased concerns over the Covid pandemic, as vaccine roll-outs continue apace in developed markets

ED said to probe crypto exchange Binance's role in betting app laundering

India is probing betting apps run by Chinese operators, which collected more than Rs 1,000 crore over the past 10 months, for allegedly laundering part of money through the WazirX cryptocurrency

Crypto exchange Binance to wind down derivatives in Europe

Binance's exit from derivatives in Europe is its latest exit from specific crypto products after growing regulatory pressure.

Crypto startup Vauld raises $25 mn in round led by Peter Thiel's fund

Firm said it has seen 124.4% QoQ growth in AUM from 1Q21 to 2Q21. Vauld will leverage the capital to build its team, aiming to fill at least a hundred new roles and further its global expansion

Biconomy raises $ 9mn in pvt funding round led by DACM, Mechanism Capital

Biconomy was founded in 2019 and to date, it has raised $10.5 million.