Page 13 - Cryptocurrency

Bitcoin scam: The legality of cryptocurrencies in India explained

Bitcoin, the most well-known cryptocurrency, was created as a decentralised alternative to traditional financial systems

Bitcoin marches towards $100,000 on optimism over Trump crypto plans

Bitcoin prices topped $98,000 for the first time during European trading, and were last up around 4 per cent on the day

Bitcoin hits record $97,000 as cryptocurrency seeks direct line to Trump

The crypto market as a whole consolidated gains of approximately $900 billion since Trump's election victory on Nov. 5, based on data from CoinGecko

Trump team considers creating first-ever White House cryptocurrency role

Discussions about the crypto role have included the person leading a small staff, and acting as a liaison between Congress, the White House and the various agencies with jurisdiction over crypto

Need to be very careful of cryptocurrency, says DFS Secy M Nagaraju

Speaking at the State Bank of India (SBI) Economic Conclave, Nagaraju said, "I am very sceptical of cryptocurrency. RBI is also very careful on that. We need to be very careful."

Bitcoin rally: Book partial profits, full exit unnecessary unless needed

Institutional interest in cryptocurrencies is up, as is evident from the increased volumes in Bitcoin and Ethereum exchange-traded funds (ETFs)

Riding on Donald Trump's euphoria, Bitcoin breaks through $90,000 mark

The world's biggest cryptocurrency has become one of the most eye-catching movers in the week since the election and on Wednesday touched record highs. It was last up 5.49 per cent at $93,158

Bitcoin at $89,000: What does the law say about cryptocurrencies in India?

Income from cryptocurrency transactions is taxed at a flat rate of 30% in India, with an additional 1% Tax Deducted at Source (TDS) on transactions exceeding Rs 50,000 annually

FTX sues Binance, Ex-CEO Zhao seeking 'fraudulently transferred' $1.8 bn

Binance, Zhao and other Binance executives received the funds as part of a July 2021 share repurchase deal with Bankman-Fried, the FTX co-founder who is now in prison

Bitcoin rises above $80,000 for first time on optimism over Trump's victory

The cryptocurrency climbed as much as 4.7% to an unprecedented $80,092 on Sunday

What a Trump victory means for tech world: Boost for crypto, Musk

Another Trump presidency will be good for crypto and Elon Musk, but every big tech company may not benefit

Bitcoin tops $71,000 for first time since June as US election nears

Bitcoin is viewed by some as a so-called Trump trade because Republican presidential nominee Donald Trump embraced digital assets during campaigning

Bitcoin traders refocus on $71,000 price level with cash flowing into ETFs

Cryptocurrencies dropped last week, following a report that US was investigating stablecoin issuer Tether Holdings Ltd. for possible violations of sanctions and anti-money-laundering rules

Cryptocurrencies huge risks to financial stability, says RBI Guv Das

Cryptocurrencies are huge risks to financial stability, and monetary stability, Reserve Bank of India Governor Shantikanta Das said Friday, asserting it may create a situation where the central bank may lose control of money supply in the economy. I am actually of the opinion that this is something which should not be allowed to dominate the financial system. Because it has huge financial stability risks, it has huge monetary stability risks, it also poses risks to the banking system. It also may create a situation where the central bank may lose control of money supply in the economy, RBI Governor Shantikanta Das said during his appearance at the Peterson Institute for International Economics, a think-tank. If the central bank loses control of money supply in the economy, how does the central bank check liquidity available in the system? How does a central bank control inflation by squeezing money supply or by losing money supply in times of crisis? So, we see crypto as a big risk,

WazirX reports 40% assets dip in reserves after July security breach

The decline in WazirX's holdings comes as the firm undergoes restructuring after a cyberattack led to the theft of over $230 million in July

WazirX moved over $73 million crypto after data breach: CoinSwitch

While WazirX did not deny the allegation in its official statement, it added that CoinSwitch should instead provide users real-time tracking tracking of proof of reserves and wallet addresses

9,000 WazirX users wrongly receive moratorium support confirmation

WazirX, which is facing liabilities amounting to $546.5 million, had floated a user poll to measure potential interest in its moratorium application

Bitcoin rally near all time highs Good news for investors? Cryptocurrency

The bitcoin rally has gained momentum and experts predict it could once again reach the previous high topping the $70,000 mark. Watch the video to know what's driving the surge.

RBI policy of not allowing crypto is a good approach: Amiyatosh Purnanandam

He said that the government needs to incentivize good long term risk taking by banks to push private investments

Is going to prison the same as starting a new job? This FTX exec thinks so

Former FTX co-founder Ryan Salame updates his 'job position' on LinkedIn to 'inmate' before beginning a 7.5-year prison sentence