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Page 23 - Cryptocurrencies

Cryptocurrencies, blockchains and their dark side: 4 essential reads

Here are five stories from the archives that will help readers better understand cryptocurrencies and their dark underbellies

Cryptocurrencies, blockchains and their dark side: 4 essential reads
Updated On : 16 Oct 2018 | 2:02 PM IST

The tale of two extremely exotic assets

There is a connection between the drug and cryptocurrencies. Cryptos are often used to pay for marijuana (and other drugs) on the Dark Web

The tale of two extremely exotic assets
Updated On : 12 Oct 2018 | 11:33 PM IST
Updated On : 16 Jul 2018 | 5:11 PM IST

In the world of cryptocurrency, even good projects can go awry

Initial coin offerings came out of almost nowhere last year to become one of the most popular ways for start-ups to raise money

In the world of cryptocurrency, even good projects can go awry
Updated On : 02 Jun 2018 | 10:55 PM IST

Cryptojacking: Cryptocurrency enthusiasts have found a way to make profits

The user's computer and electricity do all the work, and the person who wrote the code gets all the proceeds

Cryptojacking: Cryptocurrency enthusiasts have found a way to make profits
Updated On : 09 May 2018 | 10:15 AM IST

Fear of virtual currencies

The April 6 notification barring financial institutions from dealing in virtual currencies can be termed RBI's most retrograde step

Fear of virtual currencies
Updated On : 10 Apr 2018 | 5:54 AM IST

Black money SIT reviews use of cryptocurrencies; directs clampdown

The RBI had come out with three specific warnings to discourage the public from investing in the virtual currencies

Black money SIT reviews use of cryptocurrencies; directs clampdown
Updated On : 09 Apr 2018 | 12:06 AM IST

George Soros allows $26 bn-family office to trade in cryptocurrencies

Soros, speaking at the World Economic Forum in Davos, said digital coins cannot function as actual currencies because of their volatility

George Soros allows $26 bn-family office to trade in cryptocurrencies
Updated On : 08 Apr 2018 | 2:01 AM IST

US tax liabilities for cryptocurrencies in 2017 seen at $25 bn: Fundstrat

This could mean a massive outflow from cryptocurrencies to the dollar by April 15, the deadline for filing taxes this year, the firm said

US tax liabilities for cryptocurrencies in 2017 seen at $25 bn: Fundstrat
Updated On : 05 Apr 2018 | 11:45 PM IST

HDFC bank blocks all its cards to buy or trade in cryptocurrencies

The move comes after multiple warnings by the RBI and the finance ministry on the non-fiat virtual currencies

HDFC bank blocks all its cards to buy or trade in cryptocurrencies
Updated On : 13 Mar 2018 | 9:15 PM IST

Rules on cryptocurrencies and role of regulators to be out soon: Sebi chief

SEBI Chairman Ajay Tyagi is a part of the committee formed by the government to examine the pros and cons of virtual currencies

Rules on cryptocurrencies and role of regulators to be out soon: Sebi chief
Updated On : 10 Feb 2018 | 5:12 PM IST

Buying bitcoins? Cryptocurrencies are like ponzi schemes: World Bank chief

While cryptocurrency technology has the potential to reshape global finance, concerns have been raised about its volatility and the potential for money laundering or other crimes

Buying bitcoins? Cryptocurrencies are like ponzi schemes: World Bank chief
Updated On : 08 Feb 2018 | 11:36 AM IST

Get ready for most cryptocurrencies to hit zero, says Goldman Sachs

But even there he sounded a note of caution, arguing that current technology doesn't yet offer the speed required for market transactions

Get ready for most cryptocurrencies to hit zero, says Goldman Sachs
Updated On : 07 Feb 2018 | 6:51 PM IST

Bitcoin 'bubble': How 'old timer vs newbie' game is crushing crypto

For Bitcoin investors, these are the times that try one's soul

Bitcoin 'bubble': How 'old timer vs newbie' game is crushing crypto
Updated On : 03 Feb 2018 | 12:34 PM IST

Global power demand: Bitcoin mining consumes more electricity than Ireland

When bitcoin skyrocketed in 2017, the electricity demand associated with it climbed to 20.5 terawatt-hours a year

Global power demand: Bitcoin mining consumes more electricity than Ireland
Updated On : 17 Jan 2018 | 2:03 PM IST

Cryptocurrencies drop as high flyer altcoin Ripple trades 50% below peak

Ripple's price may also be falling amid concern over a feature that allows platforms using the token to freeze funds

Cryptocurrencies drop as high flyer altcoin Ripple trades 50% below peak
Updated On : 10 Jan 2018 | 6:51 PM IST

Sebi in talks with govt, RBI to formulate framework for regulating bitcoin

India currently has no regulation for cryptocurrencies

Sebi in talks with govt, RBI to formulate framework for regulating bitcoin
Updated On : 20 Dec 2017 | 4:19 PM IST

The risk-reward dilemma in cryptocurrencies

While the future of crypto remains fairly undetermined, it may be prudent to stay a cautious player

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Updated On : 12 Oct 2017 | 2:32 AM IST

Bitcoin craze: Are cryptocurrencies a dream come true for cyber-extortionists?

WannaCry victims paid only about $241,000 in bitcoins to extortionists; if everyone infected had paid, criminals would have received at least $60 million

Bitcoin craze: Are cryptocurrencies a dream come true for cyber-extortionists?
Updated On : 12 Sep 2017 | 12:25 PM IST