Bitcoin
- World
Bitcoin rocketing higher, topping USD 35,000 for the first time since May 2022
New York: Bitcoin is rocketing higher, topping $35,000 for the first time since May 2022. It’s up 20 per cent over the past five days, a media report said. The famously volatile…
- Business
Bitcoin crashes as investors including Elon Musk’s SpaceX dump cryptocurrency
Bitcoin dipped by nearly seven percent on Friday, dropping below the USD 27,000 level as investors, including Elon Musk’s SpaceX, dumped the cryptocurrency. This move came amid global government bond yields reaching…
- Business
CoinDesk to slash workforce ahead of potential sale: Report
San Francisco: Cryptocurrency news company CoinDesk is reportedly slashing its workforce, as a group of investors was likely in the final stages to acquire it for about $125 million, the media reported…
- Business
Bitcoin crashes over reports of Binance laying off 1,000 employees
San Francisco: Bitcoin prices nosedived on Saturday after leading cryptocurrency exchange Binance reportedly laid off roughly 1,000 workers, and the layoffs could continue. Bitcoin slipped back nearly $30,000 per token after the…
- Technology
19 people across world become billionaires via cryptocurrency
New Delhi: As the world of cryptocurrency tumbles down amid regulatory crackdowns, there are 19 individuals in the world who achieved the title of a billionaire through cryptocurrency. One cryptocurrency in particular…
- Business
Bitcoin and Ethereum price remains unfazed by US SEC lawsuits
New Delhi: The lawsuits against top crypto exchanges Binance and Coinbase by the US Securities and Exchange Commission (SEC) have not been able to severely impact the price of Bitcoin which is…
- Technology
US charges 2 Russian men with $400 mn Bitcoin hack
Washington: The US government has charged two Russian nationals in connection with the $400 million Bitcoin hack that brought down the Mt. Gox Bitcoin exchange in 2014. The Department of Justice (DoJ)…
- World
Indo-Canadian charged with laundering bitcoin worth over $24 mn in US
New York: A district court in the US has ordered detention of an Indo-Canadian entrepreneur following indictment on charges of laundering 450 Bitcoin (BTC), valued at $24,020,699.83 at the time of the…
- Middle East
World’s first Bitcoin tower to come up in Dubai
The United Arab Emirates (UAE) will be the home of the world’s very first Bitcoin tower, which will be a hotel in the shape of a Bitcoin. The 40-story tower will be…
- India
Hackers attack Ahmedabad hospital with ransomware, demand USD 70,000 to restore data
Ahmedabad: Servers of a private multi-speciality hospital here has come under a ransomware attack with the hackers demanding Bitcoin worth USD 70,000 to restore data, police said. Based on a complaint filed…
- Middle East
Hamas stops receiving donations via Bitcoin
Gaza: Al-Qassam Brigades, the military wing of the Palestinian militant group Hamas, announced its decision to stop receiving donations via the digital currency Bitcoin. The group said in a statement that the…
- India
Student ends life after losing money in Bitcoin
Lucknow: A second-year B.Com student allegedly hanged himself after losing his Rs 3.5 lakh investment in Bitcoin, a popular cryptocurrency. The body of the victim, a resident of LDA colony under Sarojini…
- Business
Tesla reveals loss of $204 mn from Bitcoin investments in 2022
San Francisco: Elon Musk-owned Tesla has revealed that the company recorded a $204 million impairment loss in 2022 on its Bitcoin investments. In a filing with the US Securities and Exchange Commission…
- Business
Crypto winter wipes over 70K Bitcoin millionaires in 2022
New Delhi: The crypto winter wiped over 70,000 Bitcoin millionaires in 2022, as the recent volatility experienced by top cryptocurrency resulted in millionaire holders suffering significant losses, a report showed on Tuesday.…
- Business
Only 2% of cryptocurrencies have a ‘healthy’ liquidity, finds study
New Delhi: As major crypto exchanges like FTX go bankrupt amid high volatility, almost 90 per cent of cryptocurrencies have a low trading volume, with just 2 per cent of crypto coins…
