Bitcoin
- 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
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…
- Business
Binance launches proof-of-reserves system for Bitcoin reserves
San Francisco: World’s largest crypto exchange Binance has launched a new website to explain its proof-of-reserves system, and is starting with Bitcoin (BTC) reserves. The company currently has a 101 per cent…
- Technology
US seizes over 50K Bitcoin worth $3.3 bn stored in popcorn tin
Washington: The US authorities have seized around 50,676 Bitcoin worth $3.36 billion stored in a circuit board hidden in the bottom of a popcorn tin in a bathroom closet. The 32-year-old James…
- Technology
Ethereum’s dominance in crypto market up 20% after the ‘Merge’
New Delhi: The dominance of Ethereum, the second largest cryptocurrency after Bitcoin, is up 20 per cent in the global crypto market following the ‘Merge’, a report shpowed on Wednesday. The historic…
- Technology
51% of daily Bitcoin volume on crypto exchanges fake: Report
New Delhi: More than 51 per cent of the total Bitcoin trading volume on various crypto exchanges this year is fake amid volatile global economic conditions, a new report has claimed. Bitcoin…
- India
Kolkata app fraud: ED seizes Bitcoin worth Rs 12.83 crore
Kolkata: The Enforcement Directorate (ED) probing mobile gaming app E-Nuggets in a fraud case on Wednesday seized Bitcoin worth Rs 12.73 crore owned by Amir Khan, the prime accused arrested in the…
- Technology
Over half of Bitcoin’s daily trading volume fake globally: Report
San Francisco: More than half of all Bitcoin daily trading volumes are reportedly fake, as the world’s largest cryptocurrency nosedives again amid global economic turmoil. According to a Forbes analysis of 157…
- Business
Bitcoin plunges below $20K, may reach $10K level this year
New Delhi: After showing some stabilisation in the last few weeks, world’s largest cryptocurrency Bitcoin has plunged once again below $20,000 after Federal Reserve Chair Jerome Powell’s keynote address. Bitcoin initially showed…
- India
Abductors take Rs 1.3 cr ransom in bitcoins from UP bizman
Lucknow: In a first-of-its-kind crime reported in the state capital, three persons, who had held a real-estate businessman captive, used cryptocurrency to take a ransom of Rs 1.3 crore in bitcoins before…
- Kashmir
Bitcoin channel used to push money into J-K to fund terror activities, says SIA
Srinagar: The State Investigation Agency (SIA) of J-K Police on Wednesday conducted raids at multiple locations in the union territory as part of investigations into the use of Bitcoin channel for funding…
- Business
Tesla reveals $170 mn loss from $1.5 bn Bitcoin investment
San Francisco: Elon Musk-run Tesla on Monday revealed it incurred $170 million loss from its Bitcoin investments in the first six months of the year. Tesla revealed last week that it has…
- Technology
Bitcoin may hit record-low of $10K per digital coin soon
New Delhi: As Bitcoin hovers below $20,000 per digital coin, industry experts fear that the leading cryptocurrency may tumble to $10,000 soon. Bitcoin, already down nearly 70 per cent from its record-high…