Page 32 - Cryptocurrency

Cryptocurrency lender BlockFi goes bankrupt in aftermath of FTX downfall

BlockFi said in a statement that it will use the Chapter 11 process to "focus on recovering all obligations owed to BlockFi by its counterparties, including FTX and associated corporate entities"

AIIMS-Delhi server down from 6 days, hackers ask for Rs 200 cr in crypto

It is feared that data of around 3-4 crore patients could have been compromised due to the breach detected Wednesday morning

Blocked 700 crypto accounts between April-Sep over irregularities: WazirX

The crypto exchange received 828 requests from law enforcement agencies, of which 764 were Indian and 64 were foreign

Binance launches website for proof-of-reserves system for Bitcoin reserves

The company currently has a 101 per cent reserve ratio. This indicates that it has enough BTCs available to cover every user's balance, reports TechCrunch

After FTX chaos, Indian crypto exchanges try to calm nervous investors

Cryptocurrency news: On Friday, the crypto market cap was at $826 billion, Bitcoin was trading at $16,451 and Ethereum at $1,180

Bankrupt crypto exchange FTX owes top creditors more than $3 billion

The failed cryptocurrency exchange FTX owes more than $3 billion to its largest creditors, the company disclosed in a court filing over the weekend.

India saw third-highest crypto app downloads between 2015 and 2022: BIS

Experts attributed it to the bull run in the market, curiosity around the crypto technology and access to smartphones and better internet facilities in India

FTX fallout: Crypto markets on the back foot as investors pull funds

Investors continue to pull funds from digital-asset exchanges despite the latter's efforts to reassure markets about their stability.

With crypto in retreat, central banks take a quantum leap to cryptography

What will thrive even after this year's meltdown, however, is cryptographic money.

Who will lose the most due to FTX's implosion?

The investors of now-collapsed FTX have little hope left from the ongoing liquidation process as the exchange's entire valuation has now been wiped out. So who are the biggest losers?

To catch a crypto-criminal

Greenberg deftly assembles a rogues' gallery of characters who fell prey to this false sense of invulnerability: drug marketers, thick-necked federal agents, globe-trotting libertarians

Crypto exchange FTX's bankruptcy filing reveals staggering mismanagement

FTX is a company that was valued at $32 billion just a couple of months ago

Crypto exchange doesn't see viable business in India, says Binance chief

"To be honest, I don't think India is a very crypto-friendly environment," Zhao was quoted as saying

Crypto wrap: Bitcoin prices may fall before bouncing back, say experts

The cryptocurrency market cap remained below $850 billion in the last seven days, and on Friday, the market cap was $835 billion

Use of cryptocurrency, virtual assets new ways to radicalise youth: Shah

Home Minister Amit Shah highlighted the use of 'darknet' by terrorists and said there is a need to find solutions to the darknet patterns

New CEO of FTX John Ray III blasts its handling of financial information

Ray was named CEO of FTX less than a week ago when the company filed for bankruptcy protection and its CEO and founder Sam Bankman-Fried resigned

Which investors will lose the most money because of FTX's implosion?

Out of all the investors, at least two major shareholders, Sequoia and Paradigm, have decided to mark their investments down to zero

US dollar gains fizzle out as traders reassess risks from Poland

However, Biden said the weapon was probably not fired by Russia, although the investigation was ongoing

Indian investors unsure after international crypto exchanges collapse

The collapse began earlier this month when Binance CEO Changpeng Zhao announced his exchange was liquidating all FTX tokens

Top US Fed regulator urges Congress to impose regulations on cryptocurrency

Yet his appearance comes after FTX, the third-largest crypto currency exchange, formerly led by Sam Bankman-Fried, filed for bankruptcy Friday.