Page 40 - Cryptocurrencies

The big hack

Some people fell for the scam and transferred bitcoins equivalent to about $120,000 to the referred wallets

Supreme Court lifts curbs on cryptocurrencies, junks RBI circular

This has given a major relief to exchanges dealing in these crypto currencies

How Facebook's Libra prodded central banks to study digital currencies

The central banks of Britain, the euro zone, Japan, Canada, Sweden and Switzerland announced a plan to share experiences to look at the case for issuing digital currencies

Libra currency-pegged 'stablecoin', not controlled by one company: Facebook

Central banks and government finance officials have long worried about the challenges posed by digital currencies, and the risk they can be used for money laundering and financing terrorism

Sound legal basis a must for digital monies like Facebook's Libra: G7

Facebook's Libra has generated intense scrutiny from officials worldwide who worry about the impact it could have on the financial system

Unmoved by defections and criticism, Facebook officially launches Libra

Facebook has faced criticism since the summer when it unveiled plans to create a separate, private currency system to allow users to make cross-border payments more easily

Global regulators to question Facebook's Libra amid EU concerns: Report

Officials from 26 central banks, including the U.S. Federal Reserve and the Bank of England, will meet with representatives of Libra in Basel on Monday

RBI banned cryptocurrency deals on moral grounds: IAMAI to Supreme Court

Apex court begins final hearing in challenge against RBI ban on dealing in virtual currencies

Crypto a security threat, instrument for illicit activities: Trump admin

India, meanwhile, has throughout maintained that cryptocurrencies were illegal and it did not recognise such activities

'Not a fan': Facebook's Libra under fire, from crypto community to Trump

Libra, which is widely regarded as a challenger to dominant global player Bitcoin, is expected to launch in the first half of 2020

Bitcoin is passe, stablecoin is emerging as safer cryptocurrency option

Unlike other cryptocurrencies, stablecoins aim to maintain their worth better by being redeemable for something else of tangible value

Crypto effect: Lack of policy clarity casts shadow on blockchain startups

Several countries have taken a cautious approach to cryptocurrencies, but few have gone to the extent of dissuading their use like India has done

Nasscom says cryptocurrencies illegal, asks players to obey the law

Cryptocurrency players have reportedly raised concern over police action against them

Cryptocurrencies, blockchains and their dark side: 4 essential reads

Here are five stories from the archives that will help readers better understand cryptocurrencies and their dark underbellies

The tale of two extremely exotic assets

There is a connection between the drug and cryptocurrencies. Cryptos are often used to pay for marijuana (and other drugs) on the Dark Web

Bitcoin climbs as big-name investors take interest; Ripple, Ethereum rise

The largest crypto-coin advanced 3% to $6,371

In the world of cryptocurrency, even good projects can go awry

Initial coin offerings came out of almost nowhere last year to become one of the most popular ways for start-ups to raise money

Cryptojacking: Cryptocurrency enthusiasts have found a way to make profits

The user's computer and electricity do all the work, and the person who wrote the code gets all the proceeds

Fear of virtual currencies

The April 6 notification barring financial institutions from dealing in virtual currencies can be termed RBI's most retrograde step

Black money SIT reviews use of cryptocurrencies; directs clampdown

The RBI had come out with three specific warnings to discourage the public from investing in the virtual currencies