Page 18 - Cryptocurrency

Indian cryptocurrency exchange Vauld suspends withdrawals, trading

Company says it's looking for new potential investors as it considers the option of restructuring

Chinese tech firms pledge to ban NFTs, cryptocurrency marketplaces

Chinese internet and tech giants on Monday signed an initiative to ban cryptocurrency and digital collectibles (NFTs), along with a promise not to establish secondary marketplaces.

Crypto lending platform Celsius lays off 150 employees amid worst meltdown

Cryptocurrency lending platform Celsius has laid off 150 employees which is a quarter of its workforce, as the global crypto market goes through its worst meltdown

Delhi Police busts interstate gang of cyber frauds dealing in crypto

Delhi Police busted an interstate gang of hi-tech fraudsters and arrested four persons who allegedly used to cheat gullible people on the pretext of facilitating online loans

FBI offers $100K for info on Crypto Queen's whereabouts in fraud casE

The Federal Bureau of Investigation (FBI) in the US has offered a reward of up to $100,000 for information leading to the arrest of 'Crypto Queen' Ruja Ignatova

European Union approves rules to tame 'Wild West' crypto market

Globally, crypto assets are largely unregulated, with national operators in the EU only required to show controls for combating money laundering

Wait and watch: Industry players on 1% TDS on crypto investments in India

The 1 per cent TDS will be levied on payments towards virtual digital assets or cryptocurrencies beyond Rs 10,000 in a year, according to the Section 194S in the I-T Act (as per the Finance Act, 2022)

Coinbase sold software to US authorities to track crypto transactions

Coinbase Tracer allows clients, in both government and the private sector, to trace transactions through Blockchain

Cryptocurrencies are a 'clear danger': RBI governor Shaktikanta Das

Indian fintech industry value projected to hit $150 bn by 2025

Buckle Up: How investors can deal with turbulence in crypto market

Bitcoin - the dominant cryptocurrency - fell from a high of more than $67,000 to its current level just below $20,000.

Crypto crash threatens N. Korea's stolen funds as it ramps up weapons tests

Sudden plunge in crypto, which started in May amid a broader economic slowdown, complicates Pyongyang's ability to cash in on that and other heists, and may affect how it plans to fund its weapon prog

MicroStrategy buys $10-mn Bitcoin in middle of crypto's big chill

As of June 28, the company holds about 129,699 Bitcoin bought for about $3.98 billion, or $30,664 per coin, according to the filing

NFTs have 'fallen off the cliff' as sales, prices plummet in recent weeks

The crypto niche is on course to record its first month with under $1 billion in sales since June 2021, according to data tracker DappRadar

Cryptoverse: Ethereum holds breath for blockchain network upgrade 'merge'

The merge finally happening would prove a big relief for ether, which has slumped on past delays and waning confidence in the upgrade

Crypto winter: Why this bitcoin bear market is different from the past

Crypto loans - particularly those in decentralized-finance apps that dispense with intermediaries like banks - often require borrowers to put up more collateral than the loan is worth

Stablecoins not stable, have 'no role' as money, warns top banker

As cryptocurrencies get hammered in the economic meltdown, stablecoins -- whose value is pegged to another asset like a fiat currency or a commodity -- are also bad investments and are ill-suited as a form of money, Siddharth Tiwari, the Asia-Pacific head of the Bank of International Settlements (BIS), has said.

Investors who have a long horizon should wait for crypto prices to recover

Those who don't anything to do with this highly volatile asset class may also throw in the towel

With tech to hunt down hackers, cryptocurrency heists just got harder

A New York court case shows how law enforcement agencies can use tech platforms to bring cybercriminals to book, reports Shivani Shinde

Bitcoin options point to positive signs after meltdown, say traders

The environment, of course, has been strained by a number of hacks, as well as combustions of stablecoin projects and foldings of big-name crypto hedge funds

Crypto exchange FTX acquiring stake in lending firm BlockFi: Report

Leading crypto change is reportedly acquiring a stake in the beleaguered crypto lending firm BlockFi, as the crypto industry faces meltdown