Crypto
- Technology
Crypto exchange Binance temporarily suspends all spot trading
San Francisco: Leading blockchain and cryptocurrency platform Binance on Friday announced that it has temporarily suspended all spot trading on its platform as it works to resolve an issue. “We are aware…
- Technology
Will safeguard Web3 firms, crypto users with robust blockchain: Binance
New Delhi: Leading blockchain and cryptocurrency platform Binance on Wednesday said it will strengthen collaborations and industry efforts between Web3 organisations and law enforcement agencies to further enhance security in the industry.…
- Business
Crypto exchange Coinbase faces cyberattack, employee targeted
San Francisco: Crypto exchange Coinbase has announced that a hacker stole the login credentials of a company employee to gain remote access to its system, and as a result, obtained some contact…
- Business
Crypto exchange Binance likely to pay penalties to settle US probes
San Francisco: World’s largest crypto exchange Binance is likely to pay “monetary penalties” to settle investigations into its business in the US, the media reported. Binance chief strategy officer Patrick Hillmann told…
- Technology
One in four users unaware of crypto cybercrime risks: Report
New Delhi: Nearly one in four users are unaware of crypto cybercrime risks, while half of the users are hit by crypto cybercrime, a new report has shown. According to the cybersecurity…
- Business
FBI accuses N.Korean govt-backed hackers for $100 mn crypto heist
Washington: The Federal Bureau of Investigation (FBI) has accused a North Korean government-backed hacker group for a $100 million crypto heist last year. The cryptocurrencies were stolen from Harmony’s Horizon bridge, which…
- Business
International regulation needed for crypto activities, says RBI
New Delhi: Noting that there is turmoil in crypto assets market, the Reserve Bank of India (RBI) has suggested a framework for international regulation of such crypto activities. In it’s financial stability…
- Technology
Jal Shakti Ministry’s Twitter hacked again, posts crypto scam with Musk image: Researcher
New Delhi: A cyber-security researcher has claimed that the Twitter handle of Ministry of Jal Shakti (Water Resources) was hacked briefly early on Wednesday morning, promoting a fake Tesla and Twitter cryptocurrency…
- Business
Private cryptos will trigger next financial crisis if allowed to grow: RBI Governor
New Delhi: As millions of investors face uncertainty in global crypto meltdown, the Reserve Bank of India (RBI) Governor Shaktikanta Das said on Wednesday that the next financial crisis will come from…
- 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
Microsoft bans crypto mining to protect its cloud service customers
San Francisco: Microsoft has banned cryptocurrency mining from its online services to protect all of its cloud customers, media reports said. Microsoft’s Summary of Changes to the license states: “Updated Acceptable Use…
- Technology
Binance CEO says deposits returning after mega $1.14 bn withdrawals
New Delhi: Amid the FTX collapse saga, customers withdrew $1.14 billion in just 12 hours from leading crypto exchange Binance and according to its CEO, the massive withdrawals were “handled with ease”…
- Business
After FTX, now crypto finance firm BlockFi files for bankruptcy
New Delhi: Crypto finance firm BlockFi has filed for bankruptcy to help “stabilise its business,” as investors are yet to recover from the fall of crypto exchange FTX. BlockFi and eight of…
- Technology
Crypto entrepreneurs fail to get response from Musk with $600,000 Goat statue
San Francisco: After spending more than $600,000 creating a 30-foot-long, 12,000-pound metal sculpture of Elon Musk headed goat riding a rocket, the cryptocurrency entrepreneurs failed to get the response from the billionaire…
- Business
FTX collateral crashed down to $8 bn from $60 bn as CEO ‘froze up in face of pressure’
San Francisco: Sam Bankman-Fried (SBF), founder of bankrupt crypto exchange FTX and trading house Alameda Research, “froze up in the face of pressure” as his company collapsed, bringing its collateral down to…
