Bitcoin
- World
US charges South African firm, CEO with $1.7 bn Bitcoin fraud
Washington: The US Commodity Futures Trading Commission (CFTC) has filed a civil enforcement action against a South African company and its CEO for running a fraudulent commodity pool worth over $1.7 billion…
- Technology
Bitcoin investor Roger Ver owns us $47 mn: CoinFlex CEO
San Francisco: Cryptocurrency exchange CoinFlex’s CEO Mark Lamb has revealed that early Bitcoin investor Roger Ver owns them $47 million and this is why the platform has frozen crypto withdrawals for its…
- Technology
Bitcoin heading to zero, China warns investors
Beijing: As cryptocurrencies reel under the global downturn, Chinese state-run newspaper Economic Daily has warned investors that the price of leading cryptocurrency Bitcoin is “heading to zero”. The warning came as the…
- Technology
Bitcoin trading platform Bitpanda lays off 250 employees
New Delhi: Global Bitcoin trading platform Bitpanda has laid off 250 employees amid the crypto winter as digital coins crash. Billionaire entrepreneur Peter Thiel-backed Bitpanda announced that it would be reducing its…
- Business
Electricity used to mine bitcoin decreased sharply as crypto crisis widens
London: The amount of electricity consumed by the largest cryptocurrency networks has decreased by up to 50 percent as the “crypto winter” continues to eat at the incomes of “miners” and financial…
- Technology
Bitcoin surges past $20K, Ethereum crosses $1,100 per coin
New Delhi: After witnessing free fall for weeks, Bitcoin finally managed to rebound past $20,000 per digital coin on Monday, around 16 per cent gain over the weekend. The rally came after…
- Business
Bitcoin falls below $18K, Ethereum down 80% in freezing crypto winter
New Delhi: Leading cryptocurrency Bitcoin dropped below $18,000 per digital coin on Sunday — a massive over 70 per cent drop from its record high of $68,000 in November last year —…
- Technology
India’s biggest crypto ponzi scam may grow to Rs 1 tn, affecting 1 lakh people
New Delhi: The sheer size of the GainBitcoin scam that rocked the nation some time back is turning out to be way bigger than thought, with reports suggesting that around 1 lakh…
- Business
Bitcoin, Ethereum crash to record low amid crypto winter
New Delhi: The crypto winter hammered cryptocurrencies on Monday as the price of a single Bitcoin fell sharply to around $25,600, an 18-month low. The world’s largest cryptocurrency further tanked 7 per…
- World
Jack Dorsey, Jay-Z partner on Bitcoin educational programme in US
San Francisco: Twitter co-founder and Block CEO Jack Dorsey on Friday partnered with artist Shawn Carter, popularly known as Jay-Z, to launch The Bitcoin Academy — an educational initiative in New York.…
- Technology
New York halts Bitcoin mining for 2 years, ‘grim day’ for Blockchain
New York: In bad news for Bitcoin and Blockchain lovers, the New York State on Friday passed a bill to halt new permits for certain fossil fuel power plants to be used…
- Business
Over 75% of Bitcoin miners’ earnings going into soaring electricity costs
New Delhi: Bitcoin miners are spending more than 75 per cent of their earnings in soaring electricity costs, resulting in a significant carbon footprint which is damaging to our environment, a new…
- Technology
Govts, companies own 8% of all Bitcoin worth $46 bn in the world
New Delhi: The governments and companies own close to 8 per cent of all Bitcoin in the world, roughly 1.6 million Bitcoin (BTC) worth $45.8 billion, and Bulgaria is the major holder…
- Hyderabad
Hyderabad: Bitcoin investment trend increasing in city
Hyderabad: The number of those dealing in Bitcoin and other cryptocurrencies is increasing across the world. In Hyderabad too, there is a significant increase in the number of those making investments in Bitcoin…