Page 55 - Cryptocurrency

Legal or illegal? SC asks Centre to make its stand clear on Bitcoins

The Reserve Bank of India's order banning banks from supporting crypto transactions, was reversed in March 2020, by the Supreme Court.

Ukraine crisis: Bitcoin jumps more than 11%; Russian stocks & ruble rise

Other digital coins including ether and XRP saw solid gains as well

Bitcoin helping Russia evade financial sanctions, Putin may legalise crypto

Bitcoin surged to $39,000 in a quick rally following Biden's sanctions after dipping below $35,000 on Thursday when Putin declared war on Ukraine

Russia-Ukraine crisis: Bitcoin and other cryptocurrencies plummet

The traditional safe haven gold, meanwhile, surged to the highest level since early 2021 on Thursday

Russia could use cryptocurrency to blunt the force of US sanctions

Russian companies have many cryptocurrency tools at their disposal to evade sanctions, including a so-called digital ruble and ransomware

Cryptos: Bitcoin, Ether dive as Russia's assault on Ukraine rocks markets

The largest token fell as much as 8.5% to $34,337 after Vladimir Putin's push to demilitarise Ukraine started with a barrage of missile attacks on Thursday

Bharti Airtel acquires strategic stake in Blockchain-tech startup Aqilliz

Bharti Airtel on Thursday announced that it has acquired a strategic stake in Singapore-based Blockchain platform Aqilliz for an undisclosed sum.

Gold fights off rising rates, Bitcoin to be haven amid Ukraine tensions

Prices have surged to the highest since the start of June on escalating tensions between Russia and the West over Ukraine

ASCI frames guidelines for crypto, NFT-related advertising, promotion

ASCI has clarified that its guidelines should not be read as a legal recognition or endorsement of the industry or sector since that is a matter of government policy

RBI's views might have delayed crypto bill: Deputy Governor Michael Patra

The government had plans to introduce a bill on cryptocurrencies like Bitcoin during the Winter Session of Parliament in November-December 2021 but did not introduce it

Advertisers must put disclaimers for highly risky cryptos from Apr 1: ASCI

The guidelines say advertisers will have to carry the disclaimer - "crypto products and NFTs are unregulated and can be highly risky

Man took Apple Store worker hostage, demanded $200 mn in crypto

The suspect, in camouflage gear, fired a gun and then held an Apple employee hostage for several hours before being apprehended late on Tuesday.

Crypto vs gold: Bitcoin losing out to gold has analysts eyeing $30k level

Bitcoin dropped to a more than two-week low as fears of a possible Russian invasion of Ukraine prompted some analysts to predict the largest cryptocurrency could slide toward the key $30,000 level

Biden may issue executive order on regulating cryptos this week: Report

The Biden administration had in September last year, released recommendations proposing that only banks be allowed to issue stablecoins

Top headlines: Ukraine fears lift oil to 7-yr high; Swiggy eyes $800-mn IPO

Business Standard brings you the top headlines on Tuesday

Amid 40% fall in price, Bitcoin could be laid low by miners' malady

The hashrate, or combined computational power used by bitcoin miners globally, has roughly quadrupled over the past six months to blow past 200 million "terahashes" per second

World's largest NFT marketplace OpenSea hacked, users lost NFTs

OpenSea Co-Founder and CEO, Devin Finzer acknowledged the phishing attack, confirming that 32 users have lost NFTs so far.

Tesla to accept Dogecoin as payment at Supercharging station

In a recent interview, Musk had also endorsed Dogecoin over any other crypto coin.

Singaporeans fall prey to Chinese-origin 'pig-butchering' crypto scam

Fraudsters reportedly spend months cultivating a relationship with the victims before urging them to invest in schemes

Safe-haven currencies fall on hopes for easing in Ukraine crisis

Safe-haven Japanese yen fell back on Friday and the Australian dollar advanced as investors took comfort from news of talks between the United States and Russia over the crisis in Ukraine.