Cyrptocurrencies

Debt talks in focus at G20 finance meet: FM Sitharaman tells IMF chief

Indian Finance Minister Nirmala Sitharaman and IMF's Kristalina Georgieva also discussed regulating crypto assets

FTX's Bankman-Fried charged with fraud; could face up to 115 yrs in prison

U.S. prosecutors charged Sam Bankman-Fried, the founder and former CEO of cryptocurrency exchange FTX, with a host of financial crimes and campaign finance violations on Tuesday, alleging he played a central role in the rapid collapse of FTX and hid its problems from the public and investors. The indictment says that, beginning in 2019, Bankman-Fried intentionally devised a scheme and artifice to defraud FTX's customers and investors, diverting their money to pay expenses and debts at his crypto hedge fund, Alameda Research, and to make lavish real estate purchases and large political donations. Bankman-Fried was arrested Monday by Bahamian authorities at the request of the U.S. government, which charged him with eight criminal violations, ranging from wire fraud to money laundering to conspiracy to commit fraud. He was also charged with making illegal campaign contributions, a notable charge as Bankman-Fried was one of the largest political donors this year. The indictment is on to

Crypto tax reporting app Binocs raises $4 mn in seed funding for expansion

Company enables crypto investors to manage accounting and compliance to local laws

Crypto wrap: Expect high volatility as inflation still a worry, say experts

Volatility in the crypto market comes at a time when the share markets too were showing high volatility, globally

BlockFi, Crypto.com lay off hundreds as global crypto market crashes

Crypto trading and lending exchanges BlockFi and crypto.com have laid off hundreds of employees after the global crypto market was battered owing to a "dramatic shift" in macro-economic conditions

Top headlines: Chandra gets 2nd term; FM informs on legitimacy of cryptos

Here are the top headlines on Friday

India got $1-bn crypto to fight Covid. What happened to the donation?

Between cashing out of an illiquid asset, complying with government regulations and getting the money to the right places, it isn't easy

Bitcoin sinks below $50,000 as cryptos stumble over Biden tax plans

Bitcoin is on track for a 15% loss on the week

Antivirus software pioneer John McAfee charged with cryptocurrency fraud

Authorities accused McAfee and his bodyguard of exploiting McAfee's large Twitter following to artificially inflate prices of 'altcoins' through a so-called pump-and-dump scheme

World will move to digital money, but will it be private cryptocurrency?

Sovereign currency issuers will have to think of themselves less as lords and masters and more as service providers in a free market of digital cash

Record-breaking crypto rally continues as bitcoin, ether hit fresh highs

Bitcoin, the world's most popular cryptocurrency, rose to a record $57,553, taking its weekly gain to around 20%

World's most popular crypto Bitcoin within a whisker of $50,000

Bitcoin has been on a tear in recent times

Bitcoin approaches $50,000, wider adoption build its record rally

Bitcoin hit a new record high and approached $50,000 on Sunday, building on its record rally as Wall Street and Main Street increasingly adopt the world's biggest cryptocurrency.

CoinSwitch Kuber raises $15 mn in funding from Ribbit Capital, Paradigm

CoinSwitch Kuber, a cryptocurrency investment platform, on Wednesday said it has raised 15 million in funding, led by Ribbit Capital and San-Francisco based crypto focused investment firm Paradigm

Bitcoin price dips to one-week low as rising US yields dent rally

Cryptocurrencies plunged on Monday, with bitcoin dropping more than 12% to a one-week low as rising US yields lifted the dollar broadly and hurt non-income paying assets

Bitcoin price tops $29,000 for first time ever, extending 2020 rally

The price of Bitcoin topped $29,000 on Thursday for the first time, with the digital currency almost quadrupling in value this year amid heightened interest from investors big and small alike

Price of world's 3rd largest cryptocurrency XRP crashes after lawsuit

The value of XRP crashed over 40% after the US SEC charged associated blockchain firm Ripple with conducting a $1.3 billion unregistered securities offering

In coronavirus crisis, freewheeling loans on crypto platforms gain currency

Loans on such platforms have risen more than seven-fold since March to $3.7 billion, according to industry site DeFi Pulse

Prospects of FB's Libra may be dim but cryptocurrencies likely to roll on

Lawmakers have also raised concerns over Facebook's spotty record on privacy and data protection

Jamie Dimon, Warren Buffett have the last laugh on new-age money Bitcoin

Bitcoin's price has tumbled to near $4,000, down 30 per cent in a month, 50 per cent in six months and almost 80 per cent since December