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Page 60 - Cryptocurrency

Bitcoin January loss is worst start to year since 2018 'crypto winter'

The largest cryptocurrency by market value has notched only about a dozen up days this month

Bitcoin January loss is worst start to year since 2018 'crypto winter'
Updated On : 01 Feb 2022 | 8:50 AM IST

Facebook's crypto venture to wind down after asset sale to Silvergate

Meta reports fourth-quarter earnings on Wednesday and plans to break out results of its metaverse-oriented hardware unit for the first time

Facebook's crypto venture to wind down after asset sale to Silvergate
Updated On : 01 Feb 2022 | 8:02 AM IST

Cryptos face mounting pressure; lack of policy clarity remains a headwind

China and India both host large crypto-trading communities, which are now uncertain about the future

Cryptos face mounting pressure; lack of policy clarity remains a headwind
Updated On : 01 Feb 2022 | 2:16 AM IST

Govt to take balanced view on cryptocurrency, says PEA Sanjeev Sanyal

The government will take a balanced view on the issue of regulation of cryptocurrencies as they have implications on the country's financial stability, Principal Economic Adviser Sanjeev Sanyal said.

Govt to take balanced view on cryptocurrency, says PEA Sanjeev Sanyal
Updated On : 31 Jan 2022 | 6:53 PM IST

Amid crypto fall, nearly 30,000 Bitcoin millionaires wiped in last 3 months

The development occurs as the volatile currency witnesses a free fall from $69,000 in November to nearly $36,000 (on Thursday), owing to regulatory scrutiny and geopolitical unrest.

Amid crypto fall, nearly 30,000 Bitcoin millionaires wiped in last 3 months
Updated On : 27 Jan 2022 | 2:20 PM IST

'The Enigma': Mystery black diamond up for auction; crypto accepted

Also known as a carbonado diamond, it is possible the black diamond came from outer space

'The Enigma': Mystery black diamond up for auction; crypto accepted
Updated On : 27 Jan 2022 | 8:10 AM IST

Facebook's embattled crypto project may be coming to an end

The Diem Association, a cryptocurrency initiative once known as Libra backed by Meta Platforms, is weighing a sale of its assets

Facebook's embattled crypto project may be coming to an end
Updated On : 26 Jan 2022 | 11:54 PM IST

Traded cryptocurrency in 2021? Here's how to approach taxes

The IRS has been zooming in on cryptocurrency reporting with increasing interest in recent years

Traded cryptocurrency in 2021? Here's how to approach taxes
Updated On : 26 Jan 2022 | 7:58 PM IST

Meta winding up its ambitious cryptocurrency project: Report

Originally launched as Libra and later renamed as the Diem Association, the cryptocurrency initiative "is weighing a sale of its assets as a way to return capital to its investor members": Report

Meta winding up its ambitious cryptocurrency project: Report
Updated On : 26 Jan 2022 | 11:27 AM IST

Hedge against inflation? Bitcoin turns 13, throws interest rate tantrums

The cryptocurrency, born in 2009, was still on the fringes of finance during the Fed's previous tightening cycle, from 2016 to 2019, and was barely correlated with the stock market

Hedge against inflation? Bitcoin turns 13, throws interest rate tantrums
Updated On : 25 Jan 2022 | 12:59 PM IST

Indian mythology makes it to NFT space with MetaMasters launch

World's largest cryptocurrency exchange Binance on Monday launched its first ever Indian NFT collection inspired by Indian mythology and Southeast Asian, Japanese and Chinese folklore. The Indian NFT Collection, MetaMasters, whose unique selling proposition is bringing good fortune '888 times more money, wealth & profits for its collectors' will be available for the 30 million global users of Binance. MetaMasters are powerful celestial beings that travel through the fabric of space and time to bring good fortune to its collectors. The first in the series would be MetaMaster MahaDev, according to the description on Binance. The floor price of the NFT has been set at USD 387.92 and 3,564 items have been listed for sale on Binance. MetaMasters have been created by Europe-based storyteller and NFT asset creator Sourav Roy and Singapore-based Tech entrepreneur and NFT artist Sandeep Bhatia. The series is being launched to mark the auspicious period between Chinese New Year, which ...

Indian mythology makes it to NFT space with MetaMasters launch
Updated On : 24 Jan 2022 | 10:24 PM IST

Bitcoin tumbles to six-month low as Ukraine conflict fears shake markets

The largest cryptocurrency trading down 7.4% at $33,650, its lowest since July 24, taking losses from its all-time high of $69,000 hit in November past 50%.

Bitcoin tumbles to six-month low as Ukraine conflict fears shake markets
Updated On : 24 Jan 2022 | 4:44 PM IST

Bitcoin, Ether, memecoins steady after tumbling in crypto rout

Bitcoin, the largest cryptocurrency by market value, traded at about $35,350 as of 12:05 p.m. in Singapore.

Bitcoin, Ether, memecoins steady after tumbling in crypto rout
Updated On : 24 Jan 2022 | 2:40 PM IST

Delhi man's Rs 4.5 cr crypto fraudulently sent to Palestine's Hamas wing

The victim owned cryptocurrencies (6.2 Bitcoin/9.79 Etherum/2.44 Bitcoin Cash) of blockchain mobile wallet

Delhi man's Rs 4.5 cr crypto fraudulently sent to Palestine's Hamas wing
Updated On : 24 Jan 2022 | 11:14 AM IST

Crypto.com users not able to access accounts after $34 mn hack

Several users complained about issues with logging back to their accounts on Crypto.com after the platform was hit by a $34 million hack

Crypto.com users not able to access accounts after $34 mn hack
Updated On : 23 Jan 2022 | 12:33 PM IST

Increase regulatory focus on cryptocurrency: Pre-Budget expectations survey

A pre-Budget expectations survey on Saturday showed a growing demand for increasing regulatory focus on the cryptocurrency sector.

Increase regulatory focus on cryptocurrency: Pre-Budget expectations survey
Updated On : 23 Jan 2022 | 7:04 AM IST

New New York Mayor takes his first salary in cryptocurrency

Mayor of New York City Eric Adams received his first paycheck in cryptocurrency -- specifically, in a combination of Bitcoin and Ethereum coins

New New York Mayor takes his first salary in cryptocurrency
Updated On : 22 Jan 2022 | 7:24 PM IST

Global crypto market suffers $1-trillion loss as Bitcoin crashes

The crypto crash came as the US Federal Reserve raised the possibility of boosting interest rates as soon as March and withdrawing stimulus from the market

Global crypto market suffers $1-trillion loss as Bitcoin crashes
Updated On : 22 Jan 2022 | 3:44 PM IST

Bitcoin falls 9.3% to $36,955, Ether declines by 12.3% to $2,631

Bitcoin is the world's biggest and best-known cryptocurrency

Bitcoin falls 9.3% to $36,955, Ether declines by 12.3% to $2,631
Updated On : 22 Jan 2022 | 1:52 PM IST

Crypto.com loses $35 million in hack involving 483 users on its platform

Leading cryptocurrency platform Crypto.com has finally admitted that 483 users on its platform lost almost $34 mn in various digital coins owing to a compromise in two-factor (2FA) authentication.

Crypto.com loses $35 million in hack involving 483 users on its platform
Updated On : 21 Jan 2022 | 6:08 PM IST