Page 25 - Cryptocurrency

US Treasury Secretary calls for crypto regulation to reduce risks, fraud

Treasury Secretary Janet Yellen says more government regulation is needed to police the proliferation of cryptocurrency and other digital assets and to ward off fraudulent and illicit transactions.

Binance among investors to bail out victims of $615-mn heist

The Vietnam-based company Sky Mavis, which runs the game Axie Infinity, said last week it had been hit by one of the largest crypto heists on record

Crypto platform Leap raises $3.2 mn in funding from CoinFund, Pantera

The next-generation crypto wallet allows users to transact on the Terra blockchain

Parl panel questions Sebi chief on NSE case, Paytm issue price

Functioning of crypto currency exchanges also came up when Sebi chairperson Madhabi Puri Buch appeared before parliamentary panel on finance, say people in the know

Nearly half of crypto owners first bought digital assets in 2021: Study

Brazil and Indonesia lead the world in crypto adoption, with 41% of people surveyed in those countries reporting crypto ownership

Top headlines: Income in US on I-T radar, Sri Lanka cabinet resigns

Union Minister Piyush Goyal says people are looking at India as an emerging global superpower. More on this in our top stories.

Cryptocurrency exchanges feel pinch as India's new tax regime starts

Sharp fall in volumes and number of visitors on first three days of April

The 1% tax that has India's cryptocurrency industry predicting chaos

Along with the capital gains charge, the finance ministry announced a 1% tax deductible at source, or TDS, on all digital-asset transfers above a certain size, starting July 1

From IPOs to PF, here's a list of changes that come into effect on Friday

Initial public offerings (IPO) launched after April 1 shall provide a sub-quota within the high net-worth individual (HNI) quota for those investing between Rs 2 lakh and Rs 10 lakh.

Hackers steal over $600 mn in one of the major crypto heists

Hackers stole about $600 million from a blockchain network connected to the popular Axie Infinity online game in one of the biggest crypto attacks to date

Hacker steals $625 mn in crypto from Blockchain platform Ronin

In December last year, cyber criminals stole cryptocurrency worth $80 million from Qubit Finance, a decentralised finance (DeFi) platform.

Buoyant bitcoin helps crypto market surge past $2 trillion barrier

Bitcoin's jumpiness has waned of late. Its 30-day volatility is around 4 per cent, about two-thirds the level it was in June 2021

Cryptoverse: Buoyant Bitcoin helps market cruise past $2 trn

At Monday's high of $47,765, market leader Bitcoin broke above the narrow $34,000-$44,000 range it's traded in for most of 2022

Bitcoin holds ground after touching its highest this year amid Ukraine war

Bitcoin held ground just below its highest this year, touched a day earlier, with gains for the original cryptocurrency topping 27% since Russia's invasion of Ukraine

Cryptoverse: Buoyant bitcoin helps market cruise past $2 trillion

As a bleak first quarter draws to a close, crypto seems to have the wind in its sails. It has pushed through the $2 trillion barrier and is proving surprisingly resilient amid global chaos

11 crypto exchanges found to be evading Rs 81.54 cr in GST, says govt

WazirX, Coin DCX and CoinSwitch Kuber among companies under investigation, Parliament is told

Japan to revise forex law to end crypto loophole for sanctions on Russia

Japan will revise its foreign exchange law to prevent Russia from evading Western financial sanctions following Moscow's invasion of Ukraine through cryptocurrency assets, government officials said

Cryptocurrency aid for Ukraine: Innovation or just a sideshow?

Since Feb 26, when Ukrainian officials began tweeting calls for cryptocurrency donations, the Ukrainian government says it has taken in more than $60 million of its $200 million goal as of Wednesday

Top headlines: RBI reviews payment firms; US recovery helps India exports

The RBI has decided to review the business models of payment aggregators in view of a spate of frauds hitting customers.

Top headlines: Govt to seek crypto transactions log; Covid haunts economy

The tax authorities may tell banks crypto exchanges to report on virtual digital assets' transactions as India is starting is to tax gains from crypto