Page 39 - Cryptocurrency

Mike Novogratz's Galaxy Digital terminates $1.2-bn acquisition of BitGo

"We are committed to continuing our process to list in the US and providing our clients with a prime solution that truly makes Galaxy a one-stop shop for institutions," he added.

Bitcoin tops $25,000 for first time since June amid crypto rally

Crypto struggled through the first half of the year as the Federal Reserve hiked rates to combat stubbornly high inflation, with the prices of Bitcoin, Ether and other tokens falling by more than 50%

Jaipur's crypto startups Suncrypto facilitating easy crypto investment

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ED attaches Rs 370 cr deposits, including crypto assets of a Bengaluru firm

The federal agency froze the funds after it raided the premises of the company, Yellow Tune Technologies Pvt. Ltd, located in Karnataka's capital city over three days, starting August 8.

Crypto wrap: Market participants coming out of bear phase, experts suggest

In the last seven days, Bitcoin rose nearly 3 per cent, and Ethereum gained 13 per cent. The total crypto market cap rose from $1.03 trillion to $1.1 trillion

Japanese yen fell the most against a resurgent US dollar on Friday

The Japanese yen fell the most against a resurgent U.S. dollar on Friday, as a two-day rally in equities conceded to market expectations that the Fed will have to do a lot more to contain inflation.

Crypto derivatives volumes surge to $3.12 trillion in July: Report

The derivatives market now makes up 69% of total crypto volumes, up from 66% in June, and helped push overall crypto volumes on exchanges to $4.51 trn in July, CryptoCompare said

Hackers exploited crypto platform RenBridge to launder $540 mn: Reports

More than half a billion dollars have been laundered in crypto assets originating from theft, fraud, ransomware and various other types of criminal activity since 2020, a new report has revealed

Ten crypto exchanges under ED lens for allegedly laundering Rs 10 billion

Many investors were traced based on their KYC details available with these crypto exchanges, but they were found to be fake or different from the real ones

Letting ED add its chilling effect to crypto winter will kill the industry

A couple more scandals, and the ED may achieve the shutdown the RBI has long wished for: The considerable talent India has in this area will flee to more welcoming jurisdictions like Dubai

CoinSwitch launches $10 mn fund to support start-ups, blockchain tech

Web3 Discovery will give entrepreneurs access to investors like Tiger Global, Ribbit Capital, Coinbase Ventures

Ripple Labs interested in bankrupt crypto lender Celsius' assets

Ripple has continued to grow through the crypto market turmoil and "is actively looking for M&A opportunities to strategically scale the company," the spokesperson said.

Coinbase reports $1.1 billion in net loss, revenue drops 60% in Q2

Largest cryptocurrency exchange Coinbase has reported massive loss in both revenue and profit in the June quarter -- logging $1.1 billion in net loss as revenue declined

Singapore-based crypto lender Hodlnaut freezes withdrawals, deposits

Cryptocurrency lender Hodlnaut has announced to freeze withdrawals, token swaps and deposits amid the harsh crypto winter.

Tornado's crypto token TORN nosedives after US imposes sanctions

North Korea's Lazarus Group used Tornado to launder money stolen in large crypto hacks, according to US authorities

Binance ceases off-chain fund transfer with WazirX after ED raids

Users will still be able to deposit and withdraw balances via the standard withdrawal and deposit process between Binance and WazirX, says Binance executive

WazirX, Binance engage in war of tweets; investors worry about future

The ED has found major amount was diverted to WazirX and the crypto assets so purchased have been sent to unknown foreign wallets

Ahead of Independence Day, NIA arrests active member of ISIS from Delhi

NIA arrested a radicalised and active member of Islamic State (ISIS) from his residence in Delhi for his involvement in the collection of funds for the terrorist outfit from sympathisers in India

India team working on core aspects of crypto products: PayPal's Aoki

Company committed to rules and can 'ease the minds of regulators', says executive about Indian concerns on digital assets

Instant app-based loan case: Nine crypto exchanges under ED scanner

Rs 64.67-crore bank accounts of WazirX frozen under PMLA after search ops