Bitcoin
- Business
‘Coin’ in Bitcoin name doesn’t make it money: IMF chief
Davos: IMF chief Kristalina Georgieva on Monday cautioned against confusing crypto products with currencies and said anything not backed by a sovereign guarantee can be an asset class but not a currency,…
- Technology
Global crypto market sheds $275 bn, Bitcoin down at 2020 level
New Delhi: The free fall in the global cryptocurrency market continued on Thursday as over $275 billion were wiped off from its global market cap within 24 hours and Bitcoin dropped to…
- Business
Mayhem in crypto market as Bitcoin drops below $30,000-mark
New Delhi: The global cryptocurrency market entered its worst phase ever on Tuesday, with Bitcoin dropping below $30,000 per coin and leaving millions of investors in a panic mode. The overall global…
- Technology
GST Council mulling 28% tax on Bitcoin, other cryptocurrencies
New Delhi: In what could further dampen the mood of crypto investors in the country, the goods and services tax (GST) council is mulling a 28 per cent tax on cryptocurrencies, at…
- Technology
Bitcoin, other cryptocurrencies in free fall after interest rate hikes
New Delhi: Bitcoin on Sunday witnessed another round of free fall, slipping below $35,000 per coin, as the global crypto market went through a massive slump of over 4.5 per cent in…
- Technology
Gucci stores in US to accept cryptocurrencies
Washington: Italian luxury brand Gucci will start accepting payments in cryptocurrencies in some of its stores in the US. Customers will be able to pay using a number of cryptocurrencies, including Bitcoin,…
- Technology
Wikimedia Foundation discontinues cryptocurrencies as donation
New Delhi: The Wikimedia Foundation (WMF) has announced to discontinue direct acceptance of cryptocurrency as donation. The WMF, the organisation behind Wikipedia, received around $130,000 in crypto donations last year. “We are…
- Business
Investors likely to lose up to $545 mn worth Bitcoin in 2022
New Delhi: Bitcoin investors are likely to lose up to $545 million this year, owing to various reasons like forgetting passwords to their wallets or making a mistake in recording their “seed…
- Technology
Bitcoin swindlers targeting users via dating apps
New Delhi: Bitcoin swindlers are now targeting iPhone and Android users through popular dating apps, such as Bumble and Tinder, charging hundreds of thousands of dollars in fake “profit tax” to unlock…
- Business
Bitcoin now has higher market cap than Russian currency
New Delhi: As Russia intensifies its battle to take control of Ukraine, Bitcoin on Wednesday soared to $44,000, pushing the total cryptocurrency market cap to cross $2 trillion. With the recent gains,…
- Business
Bitcoin hovers around $39K amid talks of Russia-Ukraine dialogue
New Delhi: The prices of Bitcoin and other cryptocurrencies somewhat stabilised on Saturday amid possible Russia-Ukraine talks. Bitcoin, which nosedived below $34,000 when the war began on Thursday, was flat on Saturday…
- Technology
Bitcoin donations soar for Ukrainian army amid war with Russia
New Delhi: As Russia invaded Ukraine, people started donating the Ukrainian army in cryptocurrencies to support them and in the past 24 hours, more than $400,000 worth Bitcoins have been donated to…
- Technology
Tesla was very ignorant of Bitcoin’s climate impact: Elon Musk’s brother
San Francisco: Elon Musk’s brother Kimbal Musk has admitted that Tesla was “very ignorant” of the environmental impact of cryptocurrencies when it purchased Bitcoin worth $1.5 billion last year and also planned…
- Technology
US seizes 94K stolen Bitcoins worth $3.6 bn in biggest ever crypto haul
San Francisco: In a biggest-ever cryptocurrency haul, the US Department of Justice (DOJ) has seized and recovered over 94,000 Bitcoins worth $3.6 billion, stolen from crypto exchange Bitfinex by a US-based entrepreneur…