Page 27 - Cryptocurrency

Indian-origin engineer at FTX, Nishad Singh, pleads guilty to fraud charges

In December last year, federal authorities charged Bankman-Fried with orchestrating a scheme to defraud equity investors in FTX

Indian-origin engineer at FTX, Nishad Singh, pleads guilty to fraud charges

Singh entered a guilty plea as to commodities fraud and other charges in the separate, parallel action against him in the Southern District of New York

G20: India walks tightrope to form consensus amongst competing interests

At the media briefing on Saturday, a visibly pleased Reserve Bank of India Governor Shaktikanta Das said that most of the G-20 partners agreed that cryptocurrencies should be regulated

Progressing towards regulation on Crypto under India's G20 presidency: FM

Recognizing the risks attached to the private virtual assets, G20 nations moved a step closer to developing a coordinated and comprehensive policy approach to deal with the crypto assets, she said

Banning cryptocurrency should be an option: IMF's Kristalina Georgieva

Georgieva also said that there are some disagreements between the nations on the issue of debt restructuring of low and middle income countries

Crypto wrap: January Fed meet minutes pull Bitcoin back from six-month high

The minutes, released on Wednesday, said that the members believe "ongoing" rate hikes will be necessary

Sam Bankman-Fried now charged with unlawful political contributions

Sam Bankman-Fried former CEO of collapsed crypto exchange FTX, has now been charged with 4 additional counts of fraud, including unlawful political contributions leading up to the 2022 elections

Bitcoin extends rebound with year-to-date gain at 50%; defies macro peril

Bitcoin's year-to-date gain has now reached 50% after a further jump in February, contrasting with a retreat in global equities this month courtesy of a macroeconomic environment replete

Crypto wrap: 'Surprise rally' in crypto market on US inflation data

The US inflation, according to data released on Wednesday, continued to fall for the seventh straight month in January to 6.4%

FTX bankruptcy judge denies request for independent examiner in the case

The judge presiding over the bankruptcy of cryptocurrency exchange FTX has denied a request by the US bankruptcy trustee to appoint an independent examiner in the case

Dogecoin, Floki soar after Elon Musk tweets photo on new Twitter CEO

Since taking over in October, Musk has said that he plans to step aside at some point, but had never specified a timeline

Crypto exchange Bitget hosts first meetup in Delhi to boost growth In India

/ -- Leading cryptocurrency exchange Bitget has announced its plans of organizing its first-ever offline meetup in India to increase its efforts of building trust and crypto awareness in the region.

US crackdown aims to push crypto industry back to the fringes of finance

The regulators are effectively building a wall between crypto trading and the banking and securities markets to prevent the types of systemic vulnerabilities that led to the 2008 financial crisis

Crypto, web3 sectors need global ties for effective regulation: FM

Finance Minister Nirmala Sitharaman on Monday said crypto assets and web3 sectors require significant international collaboration for effective implementation of domestic legislations

Crypto wrap: SEC's fine on Kraken poses wider threat to market, say experts

Following the SEC order, the crypto industry saw massive sellout, with Bitcoin falling nearly 4 per cent and Ethereum declining over 5 per cent in the last 24 hours

ConsenSys and Onramp.money join forces to empower Indian users with easy access to crypto directly in MetaMask

Allegations made by Binance 'false and unsubstantiated', says WazirX

This comes just days after Binance gave an ultimatum to Zanmai Labs, the parent company of WazirX, to not spread 'false claims' and stop using Binance's wallets by February 3

Cryptoverse: Are bitcoin, ether out of the woods? Consider the options

Volume of bitcoin options traded on Deribit, an exchange for crypto-focused derivatives products, jumped 82% in Jan versus Dec, as per crypto market maker OrBit Markets while Ether options swelled 38%

ED attaches Rs 936 cr as proceeds of crime, arrests 5 for crypto fraud

The enforcement directorate has attached Rs 936 crore proceeds of crime and arrested 5 five persons related to crypto currency fraud, Parliament was informed on Monday.

Indian crypto exchange WazirX moves funds after Binance cuts off service

Binance said it provided Zanmai wallet services "only as a tech solution for their operations of the WazirX exchange"