Page 27 - Crypto Trading

Bitcoin hovers around $39K amid talks of Russia-Ukraine dialogue

Earlier, the global crypto market lost nearly 10 per cent of its value as Russia invaded Ukraine on Thursday

Indian founder of cryptocurrency company indicted for $2.4 bn fraud

The founder of cryptocurrency investment platform BitConnect, an Indian national, has been indicted on charges of orchestrating a global Ponzi scheme worth $2.4 bn, federal prosecutors said.

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

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

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

'Promote shady crypto investment and you can be held liable,' says US court

In a landmark decision that can have its ramifications in various countries such as India, US court said that influencers and promoters could be held liable for "peddling shady crypto investments".

Polygon's $450-mn funding: Is it Flipkart moment for blockchain in India?

The Indian blockchain start-up's massive funding round has many implications for Web3 companies and VCs in the crypto arena

Govt likely to propose 18% GST on crypto mining, trading entities

Though the date for the next GST Council meeting has not been set, it could happen in March

Criminals had $11 billion worth illicit cryptocurrencies in 2021

As of the end of 2021, stolen funds account for 93 per cent of all criminal balances, at $9.8 billion.

Crypto prices: Bitcoin climbs back above $44k as appetite for risk returns

Other digital tokens also increased, with Ether jumping 7%, Solana up more than 9% and DeFi favorite Aave also up around 7%

Virtual real estate seller Metamall raises $400,000 via 80 mn crypto tokens

Metamall has already raised $4.6 million in its seed, strategic and private rounds and more than $2 million through NFT realty sales

Crypto exchange Binance to invest $200 mn in US business media group Forbes

Patrick Hillmann, Binance's chief communications officer, and Bill Chin, head of Binance Labs, its venture capital arm, will join the Forbes board when the transaction closes

Confusion in the crypto universe: Budget leaves many unanswered questions

Budget announcements on taxing digital assets and creating a digital rupee involve complex issues that need to be addressed first

Clear starts crypto tracking, tax management for retail investors, firms

Move to help the users track their crypto portfolios across wallets and exchanges, and manage taxes on their transactions

Budget 2022: Virtual digital assets are here to stay, says expert

'We are left with some open issues which need clarifications on the VDA', said Aravind Srivatsan

Union Budget 2022-23: Crypto investors look to pare their holdings

Several crypto investors and traders Business Standard spoke with said the attraction of the asset class is its volatility

Cryptocurrency tax: Budget 2022 unveils norms for virtual digital assets

The move, though limited to income tax, has sent the ball rolling for a regulatory framework of crypto assets

Cryptocurrency tax doesn't give legitimacy to private digital currency: FM

We are not taxing a currency (digital rupee) that is yet to be issued

Budget 2022: Crypto players hail move for legitimising bets on risky assets

'India is finally on the path to legitimising the crypto sector in India,' Nischal Shetty, founder and chief executive of crypto exchange WazirX, said

Bitcoin January loss is worst start to year since 2018 'crypto winter'

The largest cryptocurrency by market value has notched only about a dozen up days this month