Page 11 - Crypto Trading

Crypto exchange CoinSwitch publishes third edition of proof of reserves

Assets held by PeepalCo, the parent brand of CoinSwitch, are in addition to these funds and are not included in the PoR assessment

Crypto companies bank on fair play as Binance logs into FIU-IND

India to have 48 registered crypto entities after KuCoin, Binance register

FIU-India to lift ban on world's largest crypto exchange Binance soon

Director bats for self-regulatory mechanism

FTX files new reorganisation plan, expects $14 bn-$16 bn for distribution

The company said the amended plan focuses on a series of settlements reached consensually with the key stakeholders including cases that are still subject to court approval

Robinhood Crypto gets Wells notice from US Securities, Exchange Commission

A Wells notice does not necessarily mean that recipients have violated any law. The SEC issues Wells notices to firms when it is planning to bring enforcement action against them

Binance founder Changpeng Zhao sentenced to four months in prison

Zhao pleaded guilty in November for failing to implement an adequate money laundering program at Binance

ED seizes funds worth Rs 90 crore kept in Binance, ZebPay, WazirX wallets

The Enforcement Directorate on Tuesday said it has taken possession of funds worth Rs 90 crore, kept in cryptocurrency wallets of exchanges like Binance, ZebPay and WazirX, as part of a money laundering investigation linked to an online gaming app "scam". "These crypto assets were subsequently taken into possession and transferred into the crypto wallet of the ED," the federal agency said in a statement. The investigation pertains to an online gaming scam app "scam" called 'E-Nugget' that masqueraded as a gaming platform and "promised" users high returns on their investments. An FIR filed at the Park Street Police Station of Kolkata became the basis of the ED case that was registered under the provisions of the Prevention of Money Laundering Act (PMLA). The app offered a series of enticing games designed for real-money wagering promised users hefty commissions and painted a picture of a "golden investment" opportunity, the ED said. However, this facade quickly fell apart once ...

Bitcoin's share of crypto market highest since 2021 partly due to ETFs

Bitcoin and second-ranked Ether jumped on Monday, boosted by indications that asset managers will soon launch Hong Kong-listed ETFs for both tokens

Top 4 Crypto Exchanges for Indian Users

.

Ex-crypto mogul Sam Bankman may go to jail for defrauding FTX investors

Former crypto mogul Sam Bankman-Fried faces the potential of decades in prison when he is sentenced on Thursday for his role in the 2022 collapse of FTX, once one of the world's most popular platforms for trading digital currency. Bankman-Fried, 32, was convicted in November of fraud and conspiracy a dramatic fall from a year earlier when he and his companies seemed to be riding a crest of success that resulted in a Super Bowl advertisement and celebrity endorsements from stars like quarterback Tom Brady and comedian Larry David. A jury found that Bankman-Fried illegally used money from FTX depositors to cover his expenses, which included purchasing luxury properties in the Caribbean, alleged bribes to Chinese officials and private planes. Prosecutors recommended a prison sentence of 40 to 50 years. The defendant victimised tens of thousands of people and companies, across several continents, over a period of multiple years. He stole money from customers who entrusted it to him; h

Explainer: What are meme coins and should you add them in your portfolio?

Started as a humorous, satirical take on the internet and often lacking in any real underlying value, these coins have gained significant popularity

Cryptoverse: Artificial intelligence tokens outpace record-breaking bitcoin

Coins linked to AI-focused crypto projects have jumped alongside tech stocks like Nvidia, driven by insatiable investor appetite for applications like machine-learning

Bitcoin cracks 8% in 24 hours after touching new high, may fall further

$526 mn worth of crypto wagers were liquidated in the past 24 hours, according to one analysis

Cryptoverse: Breezy bitcoin reclaims $1 trillion crown, up 22% this year

Its resurgence has electrified the broader cryptocurrency market, including ether and other digital coins, which has now exceeded $2 trillion, as per data from CoinGecko

Crypto exchange FTX abandons efforts to restart its crypto exchange

FTX has been negotiating for months with potential bidders and investors, but none were willing to put in enough money to rebuild the FTX exchange

Here are the most crypto-ready cities in 2024: New York leads, Tokyo worst

Los Angeles is the city with the most crypto ATMs (1810 ATMs) in the world.

Crypto players see surge in activity after crackdown on global companies

The Financial Intelligence Unit (FIU) under the finance ministry issued the show cause notices to VDA platforms like Binance, the largest cryptocurrency exchange, and Kucoin last month

Consider regulatory sandbox approach to deal with crypto issues: GTRI

India should consider a regulatory sandbox approach to deal with issues related to crypto products and services, economic think tank GTRI said in its report on Sunday. Regulatory sandbox usually refers to live testing of new products or services in a controlled/test regulatory environment for which regulators may (or may not) permit certain relaxations for the limited purpose of the testing. The Global Trade Research Initiative (GTRI) said that in the light of crypto's acceptance in the regular financial system in the US, it remains to be seen how India's crypto policy evolves in coming months. With the new US action, with ramifications on global capital flows, price of gold, foreign trade, it may not be possible to live with no regulation, it said. "India may consider adopting regulatory sandbox approaches, allowing for controlled testing of innovative crypto-related products and services. It may need to balance innovation with risk management and adapt advancements in blockchain

Indian crypto firms welcome US SEC approval for bitcoin ETF, draw hope

US regulator's decision will create 'new era' of crypto asset adoption, they say

'Don't think world can afford cryptomania', says RBI Guv Shaktikanta Das

'I don't think the world or emerging markets can take a cryptomania like the Tulipmania, said the RBI Governor at Mint's BFSI Summit