Analysts noted that the scale of the unwind indicates that the downturn was driven not just by spot selling but also by aggressive deleveraging in derivatives markets
The focus on India as a market comes as the company continues to see high adoption even as regulations around crypto are yet to take shape
The Reserve Bank of India said stablecoins fail key tests of money and warned that such virtual digital assets pose financial stability and jurisdictional risks
Decentralised finance witnessed record exploits in April with two attacks netting the hackers almost $600 million
The debate started in February after Block Inc., the owner of Square and Cash App, announced it would cut a whopping 50 per cent of staff, citing a secular change in how AI affects its operations
The original cryptocurrency climbed as much as 1.9 per cent Monday morning in Singapore to $80,393, its highest level since Jan. 31
The original cryptocurrency was up as much as 1.6 per cent to $79,488, its highest level since Jan. 31, the last time it was above $80,000
In his speech, Trump reiterated support for passing the crypto market-structure legislation known as the Clarity Act, which has stalled in Congress
India on Wednesday denied making any payments - either in cash or cryptocurrency - to Iran to secure safe passage for its vessels through the Strait of Hormuz amid heightened tensions in the region. The clarification came after two Indian vessels had to turn back from the Strait of Hormuz after Iranian forces fired upon them as they attempted to cross the crucial waterway on April 18. Before turning back, the captain of Indian tanker Sanmar Herald, in an audio recording that has surfaced, is heard pleading with Iranian forces to stop firing despite prior clearance to pass the Strait of Hormuz. "This is motor vessel, Sanmar Herald. You gave me clearance to go, my name is second on your list... You are firing now. Let me turn back." While New Delhi has consistently rejected claims of any financial arrangements with Tehran for ship movement through the critical energy corridors, some reports linked the April 18 incident to a crypto scam. Reports suggest scammers are offering shipowner
BitDelta has launched India operations after registering with FIU-IND, planning a 100-member team and investing in security and infrastructure amid intense competition
The US has maintained its blockade of Iranian ports, while Iran has lifted and then re-imposed its blockade of the Strait of Hormuz
The attacker siphoned about 116,500 rsETH - a token issued by Kelp DAO that represents "restaked" Ether - by targeting a bridge built using LayerZero
Crypto exchange launches Digital Suraksha Network to boost fraud awareness, investor education and law enforcement support after co-founders' wrongful arrest
Led by Bilal Bin Saqib, Pakistan's crypto diplomacy deepens engagement with Trump's inner circle, boosting Islamabad's bid to mediate in US-Iran tensions amid fears of disruption to global energy supp
British political parties will be banned from accepting donations in cryptocurrencies, Prime Minister Keir Starmer announced Wednesday, saying illicit finance poses a "stark" danger to the country's democracy. Starmer told lawmakers that "we will act decisively to protect our democracy" from outside meddling. "That will include a moratorium on all political donations made through cryptocurrencies," he said during the weekly Prime Minister's Questions session in the House of Commons. The move could be a financial blow to the hard-right party Reform UK. The party led by Nigel Farage is one of the few in Britain to accept cryptocurrency donations. The government also said it will put an annual cap of 100,000 pounds (USD 134,000) on donations by British voters living abroad. Reform has received 12 million pounds in the past year from Christopher Harborne, a British businessman based in Thailand, according to Electoral Commission figures. Reform UK deputy leader Richard Tice said the ..
Court finds no prima facie case against Sumit Gupta and Neeraj Khandelwal, who claim they were victims of impersonation in Rs 71.4 lakh fraud case
In the wake of the West Asian crisis, markets are defying typical patterns as equities fall, bond yields rise and gold weakens, signalling a shift in investor behaviour amid oil shocks and rate concer
CoinDCX said in a statement that the FIR was 'false' and that the alleged cheating occurred through a website impersonating the exchange and its founders
Bitcoin has weathered the war with Iran, which broke out at the end of February, better than many traditional assets