Page 62 - Cryptocurrency

Crypto crime hit record $14 bn in 2021, rose 80% from last year

Newcomers have been drawn to the promise of quick gains touted by crypto backers, as well as hopes that bitcoin offers a hedge against soaring inflation

Polytrade announces listing on cryptocurrency exchange CoinDCX

Polytrade MD and founder Piyush Gupta said this has come as a giant leap towards the compay's goal of providing real-world borrowers access to low interest and swift financing

Bitcoin, ether near multi-month lows following hawkish Fed minutes

The world's largest cryptocurrency was last at $42,700, down 1.7%, having lost 5.2% on Wednesday. A break below last month's trough of $42,000 would make it the weakest since September

Dollar near five-year high to yen as US yields surge on hawkish Fed

By Kevin Buckland

Cryptocurrencies see outflows in final week of 2021: CoinShares data

The final week of 2021 saw a third straight week of investment outflows from cryptocurrency funds, data from digital currency manager CoinShares showed.

Bitcoin could reach $100k if it replaces gold as store of value: Goldman

Goldman estimates that Bitcoin's float-adjusted market capitalization is just under $700 billion

More than a third of India's urban dwellers oppose crypto law: Survey

Those opposed to regulation cited concerns ranging from heavy taxation to a potential outright ban on non-exchange-traded tokens

Cryptocurrency service providers seek clarity on taxation

The leading Cryptocurrency exchange WazirX, which has been a major focus of the DGGI crackdown, has paid Rs 49.2 crore as GST with interest and penalty

What does a GST probe against exchanges mean for crypto taxation?

The Directorate General of GST Intelligence recently launched a probe over alleged GST evasion against crypto exchanges. Will this nudge the govt to put a regulatory framework for cryptocurrencies?

TMS Ep79: Real estate, WazirX GST probe, FMCG stocks, home loan rates

Will omicron impact the real estate sector? What are the lessons from the GST probe against WazirX? Stock-price correction awaits FMCG? What to consider while taking a home loan? All answers here

Bitcoin at $100,000 or will the bubble get popped by Fed? What experts say

Bitcoin traded at around $46,100 on Tuesday as of 9:52 a.m. in Hong Kong, up about 0.2% on the day.

CryptoWire introduces India's first global index of cryptocurrencies IC15

CryptoWire announced launch of India's first index of Cryptocurrencies - IC15, which is a rule-based broad market index by market cap.

Samsung announces 'groundbreaking' NFT support with its 2022 TV lineup

Samsung on Monday announced a groundbreaking TV support for NFTs, beginning with its 2022 TV lineup.

Best of BS Opinion: The network era looms, cryptocurrency conundrum & more

Here are the top BS Opinion pieces of the day

Billionaires are embracing crypto in case money 'goes to hell'

Even as prices swung wildly, investors large and small dived into Bitcoin and Ethereum as well as non-fungible tokens

DGGI cracks down on crypto exchanges, Rs 70 cr tax evasion detected: Report

The DGGI is investigating Coinswitch Kuber, CoinDCX, BuyUCoin and Unocoin, say sources

Crypto exchange WazirX fined Rs 49.20 crore for Rs 40,5 cr tax evasion

The GST officials said the Mumbai Commissionerate while investigating the business activities of a cryptocurrency exchange, WazirX, detected GST evasion of Rs 40.5 crore.

Cryptocurrency exchange WazirX under lens for evading Rs 40 crore in taxes

According to the CBIC, the matter relates to WazirX launching its own currency, but not paying GST on it.

The Year of the Doge? 2021, crypto's wildest year yet

The memecoin phenomenon was linked to the 'Wall Street Bets' movement, where retail traders coordinated online to pile into stocks such as GameStop Corp, squeezing hedge funds' short positions

Dollar, yen soft in thin trading after US equities hit record highs

The dollar and yen were at the low end of their recent ranges in thin holiday trading