Page 19 - Cryptocurrencies

Crypto coin that surged 3,100% in India cracks amid wider mkt meltdown

BlockAura's native token, called TBAC, has tumbled 90% to $3.03 from its all-time high of $32.30 in July, according to CoinGecko

Cryptocurrency lender BlockFi goes bankrupt in aftermath of FTX downfall

BlockFi said in a statement that it will use the Chapter 11 process to "focus on recovering all obligations owed to BlockFi by its counterparties, including FTX and associated corporate entities"

Blocked 700 crypto accounts between April-Sep over irregularities: WazirX

The crypto exchange received 828 requests from law enforcement agencies, of which 764 were Indian and 64 were foreign

After FTX chaos, Indian crypto exchanges try to calm nervous investors

Cryptocurrency news: On Friday, the crypto market cap was at $826 billion, Bitcoin was trading at $16,451 and Ethereum at $1,180

Who will lose the most due to FTX's implosion?

The investors of now-collapsed FTX have little hope left from the ongoing liquidation process as the exchange's entire valuation has now been wiped out. So who are the biggest losers?

TMS Ep307: Elon Musk & Twitter, B-schools, Markets, FTX's implosion

Is Elon Musk mismanaging Twitter? Are B-schools losing their relevance? Should investors be worried about the recent correction? Who will lose the most due to FTX's implosion? Answers here

Crypto wrap: Bitcoin prices may fall before bouncing back, say experts

The cryptocurrency market cap remained below $850 billion in the last seven days, and on Friday, the market cap was $835 billion

Which investors will lose the most money because of FTX's implosion?

Out of all the investors, at least two major shareholders, Sequoia and Paradigm, have decided to mark their investments down to zero

TMS Ep303: Crypto headwinds, Indo-US visa delay, Markets, Greenwashing

Does the FTX collapse marks the beginning of crypto's end? How are visa delays hurting both India and the US? Is investors' love for digital India over? What is greenwashing? All answers here

Amid FTX collapse, Hong Kong-based crypto exchange suspends withdrawals

Hong Kong-based crypto exchange AAX has suspended withdrawals, citing the "failure of our third-party partner", which caused some users' balance data to be improperly recorded while

Binance-FTX saga deepens crypto investors' fears, Bitcoin near two-year low

With the fall deepening, experts said that the markets may not reach the November 2021 level anytime soon

I hope to attract a bunch of interns from IIT-Bombay: Binance's Rohit Wad

Binance's Chief Technology Officer Rohit Wad talks to with Shivani Shinde about hiring more interns from India, making crypto easy to use and ensuring regulatory compliance

Collapsed FTX hit by rogue transactions, analysts saw over $600 mn outflows

HONG KONG/SINGAPORE/LONDON (Reuters) - Crypto exchange FTX was engulfed in further chaos on Saturday when the company said it had detected unauthorized transactions and analysts flagged that millions of dollars of assets had been moved from the platform in "suspicious circumstances".

Bankrupt FTX hit by mysterious outflow of about $662 mn in past 24 hours

It's unclear exactly who's making the transactions, but you wouldn't expect to see these on-chain trades at this time: Alex Svanevik, chief executive officer at Nansen

White House monitoring FTX collapse, calls for crypto industry regulation

The collapse this week of FTX dealt another blow to the cryptocurrency industry, which has seen severe volatility and bankruptcies of other high-profile firms, including Celsius Network Ltd

Crypto's most urgent question: Where will FTX's aftershock be felt?

From blue-chip venture investors to celebrity endorsements, from Silicon Valley to Washington, from lenders to yield farmers and market makers, the three-year-old firm cut a wide swath through online

Sam Bankman-Fried: 'Crypto genius' who lost $14.5 billion in a single day

Bankman-Fried vanished from the Bloomberg Billionaires Index after his net worth just vaporised, falling 94% in a single day

Crypto wrap: Amid a volatile week, experts want regulators to collaborate

On Friday, the crypto market cap was above $871 billion with Bitcoin trading at $17,301 and Ethereum at $1,271

Need high regulatory standard globally to deal with crypto risks: Yellen

US Treasury Secretary Janet Yellen on Friday said there is a need for a high regulatory standard globally to deal with risks related to cryptocurrencies. The United States has made a good deal of progress at least in dealing with the issues of illicit finance in connection with cryptocurrencies, she said here. She was participating in a roundtable interaction on India-US Business & Economic Opportunities with top business leaders and eminent economists from both the countries. "We need a high regulatory standard globally, we need to take steps to reduce the cost of cross-border payments and we are very actively working in the context of financial stability with Financial Action Task Force and multilateral banks like IMF to really address on global basis the risks and some of the benefits from cryptocurrencies," she said. International collaboration is really important among public authorities, private sector and other stakeholders, she added Finance Minister Nirmala Sitharaman has

Explained: The collapse of FTX and turmoil in cryptocurrency market

In May 2022, when the cryptocurrency market experienced a $2 trillion crash, FTX offered financial lifelines to several collapsing firms. But now, when FTX needs a bailout, it has nowhere to go. Watch the full video to understand