Page 33 - Cryptocurrency

Sam Bankman-Fried: 'Crypto genius' who lost $14.5 billion in a single day

Bankman-Fried vanished from the Bloomberg Billionaires Index after his net worth just vaporised, falling 94% in a single day

FTX to start US bankruptcy proceedings, CEO Sam Bankman-Fried to exit

Firm says it will begin process to review and monetise assets for stakeholders

Binance backs out of rescue deal, FTX.com on brink of collapse

On a call before Binance pulled an about-face and bailed on its takeover offer, Bankman-Fried informed investors his crypto exchange faced a shortfall of up to $8 billion

US authorities probe crypto exchange FTX for potential violations: Report

FTX had agreed earlier this week to sell itself to bigger rival Binance after experiencing the cryptocurrency equivalent of a bank run.

Crypto exchange Coinbase to lay off more employees amid FTX saga: Report

The layoffs were announced internally and the company is likely to sack around 60 employees in its recruiting and institutional onboarding teams, reports The Information.

Crypto wrap: Amid a volatile week, experts want regulators to collaborate

On Friday, the crypto market cap was above $871 billion with Bitcoin trading at $17,301 and Ethereum at $1,271

Need high regulatory standard globally to deal with crypto risks: Yellen

International collaboration is really important among public authorities, private sector and other stakeholders, she added

Amid Binance-FTX deal fallout, calls for 'proof of reserve' grow louder

Binance CEO Changpeng Zhao recently announced that the largest crypto exchange in the world will start Merkle-tree proof of reserve soon

How Binance, FTX deal rocked the Crypto world and later collapsed

On Tuesday, the world's biggest exchange, Binance Holdings Ltd., was set to acquire troubled rival FTX.com. On Wednesday, Binance walked away from the deal citing problems with FTX's finances

Dollar advances ahead of inflation data; cryptos crumble over FTX deal

The greenback surged overnight against its peers and held to those gains in early Asia trade, pushing the Japanese yen away from a roughly two-week high hit in the previous session

Cryptoverse: Dogecoin's price doubled after Musk's Twitter acquisition

It was trading at about $0.07 on Oct. 27 before Musk tweeted "the bird is freed" to announce his ownership. Five days later, it was at $0.16.

Newly launched crypto platform, TheSportsTattoo enables seamless trading services to its users

Crypto wrap: Market remains largely resilient despite Fed's 75 bps hike

At 1 PM (IST) on Friday, Bitcoin was trading at $20,591, up 2 per cent in the past seven days, and Ethereum was at $1,579, showing a jump of 5 per cent in the same period

India's taxes on crypto transactions may 'kill the industry': Binance CEO

Binance Holding CEO Zhao "CZ" Changpeng said India's onerous taxes on cryptocurrency transactions will probably "kill the industry"

Customs seizes US dollars worth Rs 4 cr at Mumbai airport, 3 arrested

After receiving a tip-off, the Air Intelligence Unit of Airport Customs intercepted three members of a family who were about to fly to Dubai on Wednesday morning

Chennai, SRM College set to host Elon Musk's chosen man Sriram Krishnan

Krishnan, who is also a former Twitter employee, is expected to guide Musk in his ambitious plan to monetise the social media giant

What is cryptocurrency mining?

Companies take the primary market route to raise funds. And, in the process, new securities are created. But, ever wondered how new cryptocurrencies are generated? We answer this in this segment

Musk's favourite crypto doubles in value, skeptics issue warning

Dogecoin's rally brings focus back on cryptocurrency regulations and decentralised finance networks

How Elon Musk could put more crypto on Twitter after taking charge

Since Dorsey's departure last November, Twitter has added Ether tipping, nonfungible token profile pictures and USD Coin stablecoin payments for a select group of creators

CBIC seeks details on digital assets from India's top crypto bourses

Crypto exchanges have been asked to furnish details this month itself