Page 56 - Cryptocurrency

ECB takes first step in long march to digital euro, tackle crypto boom

The European Central Bank took a first step on Wednesday towards launching a digital version of the euro, part of a global drive to meet growing demand for electronic means of payment

China cryptocurrency miners squeezed further as Anhui halts projects

Anhui plans to shut down all crypto mining projects within the next three years due to a power supply shortage

Written down: Accounting drill keeps bitcoins from getting wider acceptance

Accountants are fitting crypto into existing categories. As an intangible asset, Bitcoin's book value can go only one way: down.

Cash is still king, for now: Diamond sale dims cryptocurrency hopes

A 101.38-carat diamond was sold by Sotheby's for HK$95.1 million ($12.3 million) to an unknown buyer using traditional currency, disappointing cryptocurrency fans

Bitcoin swings as China regulators punish company over cryptocurrency

The largest cryptocurrency had risen as much as 3.7% to $35,094 before dropping back

Explained: How cryptocurrency turbocharged the cybercrime racket

Cryptocurrency and the exchanges where digital currency can be traded anony­mously have emerged as key tools for the cyber extortionists

Best of BS Opinion: Gaps in tax reform, mapping recovery, and more

Here are the best of Business Standard's opinion pieces for Monday

To ban or not to ban cryptocurrency

As lobbying and counter-lobbying intensify, right now, it looks like a T20 match. We need to wait till the last over is bowled

An NFT of the World Wide Web source code sold for $5.4 million: Report

The code was sold by Tim Ber­ners-Lee, a computer scientist credited with writing the source code that forms the ba­s­is of the World Wide Web

Indian crypto exchanges flounder as banks cut ties after RBI frown

Indian cryptocurrency exchanges are scrambling to secure viable, permanent payment solutions to ensure seamless transactions

Crypto exchange Binance says sterling withdrawals reactivated after outage

The exchange's customers said on Tuesday they were unable to deposit or withdraw sterling from the platform, days after regulators in Britain cracked down on some of its activities in the country

Sam Altman wants to scan your eyeball in exchange for cryptocurrency

Among the many parts of its plan, Worldcoin has designed an orb-shaped device that wo­uld scan a person's iris to build a unique personal identifier

Cryptocurrency-related cyberattacks increased by 192%, finds report

This is between October 2020 and May 2021

TP ICAP to launch crypto trading platform with Fidelity, Standard Chartered

TP ICAP is the world's biggest interdealer broker

After their love affair with gold, Indians train their sights on crypto

The growth in India is coming from the 18-35 year old cohort, says the co-founder of India's first cryptocurrency exchange

How should cryptocurrency be taxed in India? Here are some thoughts

Cryptocurrencies have generated a lot of interest for investors of all ages due to recent increase in value. It is estimated that roughly a crore Indians have invested in cryptocurrencies

China's ban forces some bitcoin miners to flee overseas, others sell out

"Many miners are exiting the business to comply with government policies," said Mike Huang, operator of a cryptomining farm in the southwest province of Sichuan

Cryptocurrency companies fight for top talent, hundreds of jobs on offer

Binance, the world's largest crypto exchange, is advertising for some 370 positions globally, according to its LinkedIn recruitment portal.

Using digital currencies abroad hits logjam, but pandemic may have solution

Without coordination between companies and regulators, e-CNY, FedCoin, Britcoin will all remain trapped in silo.

John McAfee's legacy: Tech maverick, eccentric businessman, fugitive

A Spanish court had approved his extradition to the United States to face charges of tax evasion.