Page 31 - Cryptocurrency

Hedge against inflation? Bitcoin turns 13, throws interest rate tantrums

The cryptocurrency, born in 2009, was still on the fringes of finance during the Fed's previous tightening cycle, from 2016 to 2019, and was barely correlated with the stock market

Indian mythology makes it to NFT space with MetaMasters launch

World's largest cryptocurrency exchange Binance on Monday launched its first ever Indian NFT collection inspired by Indian mythology and Southeast Asian, Japanese and Chinese folklore. The Indian NFT Collection, MetaMasters, whose unique selling proposition is bringing good fortune '888 times more money, wealth & profits for its collectors' will be available for the 30 million global users of Binance. MetaMasters are powerful celestial beings that travel through the fabric of space and time to bring good fortune to its collectors. The first in the series would be MetaMaster MahaDev, according to the description on Binance. The floor price of the NFT has been set at USD 387.92 and 3,564 items have been listed for sale on Binance. MetaMasters have been created by Europe-based storyteller and NFT asset creator Sourav Roy and Singapore-based Tech entrepreneur and NFT artist Sandeep Bhatia. The series is being launched to mark the auspicious period between Chinese New Year, which ...

Bitcoin tumbles to six-month low as Ukraine conflict fears shake markets

The largest cryptocurrency trading down 7.4% at $33,650, its lowest since July 24, taking losses from its all-time high of $69,000 hit in November past 50%.

Bitcoin, Ether, memecoins steady after tumbling in crypto rout

Bitcoin, the largest cryptocurrency by market value, traded at about $35,350 as of 12:05 p.m. in Singapore.

Delhi man's Rs 4.5 cr crypto fraudulently sent to Palestine's Hamas wing

The victim owned cryptocurrencies (6.2 Bitcoin/9.79 Etherum/2.44 Bitcoin Cash) of blockchain mobile wallet

Crypto.com users not able to access accounts after $34 mn hack

Several users complained about issues with logging back to their accounts on Crypto.com after the platform was hit by a $34 million hack

Increase regulatory focus on cryptocurrency: Pre-Budget expectations survey

A pre-Budget expectations survey on Saturday showed a growing demand for increasing regulatory focus on the cryptocurrency sector.

New New York Mayor takes his first salary in cryptocurrency

Mayor of New York City Eric Adams received his first paycheck in cryptocurrency -- specifically, in a combination of Bitcoin and Ethereum coins

Global crypto market suffers $1-trillion loss as Bitcoin crashes

The crypto crash came as the US Federal Reserve raised the possibility of boosting interest rates as soon as March and withdrawing stimulus from the market

Bitcoin falls 9.3% to $36,955, Ether declines by 12.3% to $2,631

Bitcoin is the world's biggest and best-known cryptocurrency

Crypto.com loses $35 million in hack involving 483 users on its platform

Leading cryptocurrency platform Crypto.com has finally admitted that 483 users on its platform lost almost $34 mn in various digital coins owing to a compromise in two-factor (2FA) authentication.

Crypto platform Stader Labs raises $12.5 mn on $450 mn valuation

The sale was led by Three Arrows Capital with participation from Blockchain.com, Accomplice, and a clutch of other institutional and angel investors

Matt Damon-endorsed Crypto.com admits 400 user accounts hit in hack

The CEO of cryptocurrency exchange crypto.com, a cryptocurrency platform endorsed by famous Hollywood actor Matt Damon, has confirmed that hundreds of user accounts were hacked and their funds stolen.

Rishi Sunak cracks down on misleading crypto adverts in UK

A consultation response, published on Tuesday, sets out the UK government's plan to bring the promotion of so-called cryptoassets within the scope of financial promotions legislation

Crypto-native social platform Sahicoin raises $1.75 mn in seed round

Founded by IIT Kanpur alumni, Amit Nayak, Ankush Rajput, and Melbin Thomas, the platform aims to empower the next billion crypto enthusiasts to make faster and better investing decisions

Microsoft joins the game: What's all the hype about the Metaverse?

Microsoft cited the metaverse as a reason for buying Activision Blizzard for $68.7 billion. Let's break down what that really means

UK govt cracks down on misleading cryptocurrency ads to protect consumers

The UK government on Tuesday joined a slew of nations in cracking down on misleading cryptocurrency ads to protect consumers.

Spain joins India, Singapore to reign in crypto ads promising wild returns

Spain has now joined countries like Singapore and India, stressing that the advertising of crypto-assets must be clear, balanced, fair and explain risks to the public.

Top headlines: Modi calls for regulating crypto; RBI says growth recovering

Modi on Monday called for synchronised global action to regulate cryptocurrencies

Synchronised global regulation of crypto needed: PM Modi at WEF

Modi said that steps taken by one country to regulate cryptocurrencies may not be sufficient, given the kind of technology involved