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Page 47 - Cryptocurrency

European Union approves rules to tame 'Wild West' crypto market

Globally, crypto assets are largely unregulated, with national operators in the EU only required to show controls for combating money laundering

European Union approves rules to tame 'Wild West' crypto market
Updated On : 02 Jul 2022 | 2:40 AM IST

Wait and watch: Industry players on 1% TDS on crypto investments in India

The 1 per cent TDS will be levied on payments towards virtual digital assets or cryptocurrencies beyond Rs 10,000 in a year, according to the Section 194S in the I-T Act (as per the Finance Act, 2022)

Wait and watch: Industry players on 1% TDS on crypto investments in India
Updated On : 01 Jul 2022 | 6:11 PM IST

Coinbase sold software to US authorities to track crypto transactions

Coinbase Tracer allows clients, in both government and the private sector, to trace transactions through Blockchain

Coinbase sold software to US authorities to track crypto transactions
Updated On : 01 Jul 2022 | 12:41 PM IST

Cryptocurrencies are a 'clear danger': RBI governor Shaktikanta Das

Indian fintech industry value projected to hit $150 bn by 2025

Cryptocurrencies are a 'clear danger': RBI governor Shaktikanta Das
Updated On : 01 Jul 2022 | 1:23 AM IST

Buckle Up: How investors can deal with turbulence in crypto market

Bitcoin - the dominant cryptocurrency - fell from a high of more than $67,000 to its current level just below $20,000.

Buckle Up: How investors can deal with turbulence in crypto market
Updated On : 30 Jun 2022 | 1:38 PM IST

Crypto crash threatens N. Korea's stolen funds as it ramps up weapons tests

Sudden plunge in crypto, which started in May amid a broader economic slowdown, complicates Pyongyang's ability to cash in on that and other heists, and may affect how it plans to fund its weapon prog

Crypto crash threatens N. Korea's stolen funds as it ramps up weapons tests
Updated On : 30 Jun 2022 | 1:05 AM IST

MicroStrategy buys $10-mn Bitcoin in middle of crypto's big chill

As of June 28, the company holds about 129,699 Bitcoin bought for about $3.98 billion, or $30,664 per coin, according to the filing

MicroStrategy buys $10-mn Bitcoin in middle of crypto's big chill
Updated On : 29 Jun 2022 | 10:31 PM IST

NFTs have 'fallen off the cliff' as sales, prices plummet in recent weeks

The crypto niche is on course to record its first month with under $1 billion in sales since June 2021, according to data tracker DappRadar

NFTs have 'fallen off the cliff' as sales, prices plummet in recent weeks
Updated On : 29 Jun 2022 | 10:14 PM IST

Cryptoverse: Ethereum holds breath for blockchain network upgrade 'merge'

The merge finally happening would prove a big relief for ether, which has slumped on past delays and waning confidence in the upgrade

Cryptoverse: Ethereum holds breath for blockchain network upgrade 'merge'
Updated On : 28 Jun 2022 | 12:28 PM IST

Crypto winter: Why this bitcoin bear market is different from the past

Crypto loans - particularly those in decentralized-finance apps that dispense with intermediaries like banks - often require borrowers to put up more collateral than the loan is worth

Crypto winter: Why this bitcoin bear market is different from the past
Updated On : 28 Jun 2022 | 12:11 AM IST

Stablecoins not stable, have 'no role' as money, warns top banker

As cryptocurrencies get hammered in the economic meltdown, stablecoins -- whose value is pegged to another asset like a fiat currency or a commodity -- are also bad investments and are ill-suited as a form of money, Siddharth Tiwari, the Asia-Pacific head of the Bank of International Settlements (BIS), has said.

Stablecoins not stable, have 'no role' as money, warns top banker
Updated On : 27 Jun 2022 | 6:31 PM IST

Investors who have a long horizon should wait for crypto prices to recover

Those who don't anything to do with this highly volatile asset class may also throw in the towel

Investors who have a long horizon should wait for crypto prices to recover
Updated On : 27 Jun 2022 | 1:56 AM IST

With tech to hunt down hackers, cryptocurrency heists just got harder

A New York court case shows how law enforcement agencies can use tech platforms to bring cybercriminals to book, reports Shivani Shinde

With tech to hunt down hackers, cryptocurrency heists just got harder
Updated On : 26 Jun 2022 | 7:08 PM IST

Bitcoin options point to positive signs after meltdown, say traders

The environment, of course, has been strained by a number of hacks, as well as combustions of stablecoin projects and foldings of big-name crypto hedge funds

Bitcoin options point to positive signs after meltdown, say traders
Updated On : 26 Jun 2022 | 5:13 PM IST

Crypto exchange FTX acquiring stake in lending firm BlockFi: Report

Leading crypto change is reportedly acquiring a stake in the beleaguered crypto lending firm BlockFi, as the crypto industry faces meltdown

Crypto exchange FTX acquiring stake in lending firm BlockFi: Report
Updated On : 26 Jun 2022 | 2:41 PM IST

Bitcoin heading to zero, says China state media amid global crypto downturn

Chinese state-run newspaper The Economic Daily earlier justified China's ban on cryptocurrency trading by taking examples of the collapse of stablecoins terraUSD and luna whose value reached zero.

Bitcoin heading to zero, says China state media amid global crypto downturn
Updated On : 25 Jun 2022 | 5:22 PM IST

Apart from market malaise, crypto also facing a number of security risks

North Korea's hackers have been become increasingly sophisticated over the past decade, managing to steal an estimated $2 billion worth of cryptocurrency to date

Apart from market malaise, crypto also facing a number of security risks
Updated On : 25 Jun 2022 | 12:22 PM IST

TMSEp201: Sri Lanka crisis, crypto, housing finance cos, President election

How's Sri Lankan crisis impacting Indian businesses? What's next for cryptos in India after TDS clarity? Will rising interest rates affect HFCs? How is the President of India elected? Answers here

TMSEp201: Sri Lanka crisis, crypto, housing finance cos, President election
Updated On : 24 Jun 2022 | 8:00 AM IST

Crypto broker Voyager Digital lowers daily withdrawal limits to $10,000

The change comes after the company on Wednesday said its subsidiary may issue a default notice to Three Arrows Capital Ltd if the cryptocurrency hedge fund fails to repay its loan

Crypto broker Voyager Digital lowers daily withdrawal limits to $10,000
Updated On : 23 Jun 2022 | 7:13 PM IST

Top Headlines: TDS levy on cryptos, GST rate of 200 items, and more

From TDS levy on cryptocurrencies to GST rate of over 200 items staying the same, here are the top headlines on Thursday morning

Top Headlines: TDS levy on cryptos, GST rate of 200 items, and more
Updated On : 23 Jun 2022 | 7:19 AM IST