Page 45 - Cryptocurrency

Cryptoverse: Ethereum holds breath for blockchain network upgrade 'merge'

The merge finally happening would prove a big relief for ether, which has slumped on past delays and waning confidence in the upgrade

Crypto winter: Why this bitcoin bear market is different from the past

Crypto loans - particularly those in decentralized-finance apps that dispense with intermediaries like banks - often require borrowers to put up more collateral than the loan is worth

Crypto broker Voyager Digital issues default notice to Three Arrows Capital

Singapore-based 3AC is one of the higher profile crypto companies to have run into difficulties following crypto markets' selloff in recent months

Stablecoins not stable, have 'no role' as money, warns top banker

As cryptocurrencies get hammered in the economic meltdown, stablecoins -- whose value is pegged to another asset like a fiat currency or a commodity -- are also bad investments and are ill-suited as a form of money, Siddharth Tiwari, the Asia-Pacific head of the Bank of International Settlements (BIS), has said.

Global stocks extend bear market bounce as oil prices ease inflation fears

World shares saw a jump in prices as inflation fears were curbed by a strong position hold of oil prices

Investors who have a long horizon should wait for crypto prices to recover

Those who don't anything to do with this highly volatile asset class may also throw in the towel

Crypto exchanges hunker down as everything goes wrong in India

With token prices plummeting, customers unable to transfer money to their accounts and a dreaded tax on cryptos just around the corner, exchanges like WazirX have put expansion plans on back burner

With tech to hunt down hackers, cryptocurrency heists just got harder

A New York court case shows how law enforcement agencies can use tech platforms to bring cybercriminals to book, reports Shivani Shinde

Bitcoin options point to positive signs after meltdown, say traders

The environment, of course, has been strained by a number of hacks, as well as combustions of stablecoin projects and foldings of big-name crypto hedge funds

Bitcoin heading to zero, says China state media amid global crypto downturn

Chinese state-run newspaper The Economic Daily earlier justified China's ban on cryptocurrency trading by taking examples of the collapse of stablecoins terraUSD and luna whose value reached zero.

Apart from market malaise, crypto also facing a number of security risks

North Korea's hackers have been become increasingly sophisticated over the past decade, managing to steal an estimated $2 billion worth of cryptocurrency to date

US dollar headed for first weekly decline in June as traders dial down bets

Dollar lost some of its shine since investors started betting the Fed could slow the rate-tightening pace following another 75 basis-point increase in July, and may start easing policy after Mar 2023

TMSEp201: Sri Lanka crisis, crypto, housing finance cos, President election

How's Sri Lankan crisis impacting Indian businesses? What's next for cryptos in India after TDS clarity? Will rising interest rates affect HFCs? How is the President of India elected? Answers here

After govt clarity on TDS, will it be smooth sailing for crypto in India?

Recently the govt had announced to impose 1% TDS crypto assets. As the TDS regime is slated to come into effect from July 1, will it be smooth sailing for domestic crypto exchanges and traders?

Officers committee suggests deferment of decision on levying GST on crypto

The committee of officers comprising both from Centre and states, referred to as Fitment Committee, felt that a deeper study was needed on the issues involved in crypto ecosystem

Crypto broker Voyager Digital lowers daily withdrawal limits to $10,000

The change comes after the company on Wednesday said its subsidiary may issue a default notice to Three Arrows Capital Ltd if the cryptocurrency hedge fund fails to repay its loan

Top Headlines: TDS levy on cryptos, GST rate of 200 items, and more

From TDS levy on cryptocurrencies to GST rate of over 200 items staying the same, here are the top headlines on Thursday morning

Onus of deducting TDS primarily rests on crypto exchanges: CBDT FAQ

In case the credit/payment between exchange and the seller is through a broker (and the broker is not seller), there has to be a written agreement that the broker would be deducting the tax

CBDT issues TDS disclosure requirements for cryptos, virtual digital assets

From July 1, TD) of 1% will be levied on payments towards virtual digital assets or cryptocurrencies beyond Rs 10,000 in a year, as the Finance Act 2022 has introduced Section 194S in the I-T Act

Crypto platform FalconX doubles valuation to $8 bn despite downturn

The San Mateo, California-based startup said Wednesday that it had raised $150 million in a Series D funding from investors led by GIC and B Capital, a previous investor.