Crypto
- 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…
- Technology
Fired by Twitter, prankster Rahul Ligma now sacked by crypto exchange FTX
New Delhi: There is no stopping prankster Rahul Lingma, who became a social media sensation after posing as a fired Twitter employee in front of its headquarters in the US. Ligma is…
- Business
Crypto exchange Coinbase to lay off more employees amid FTX saga
San Francisco: Leading crypto exchange Coinbase will lay off more employees soon in a fresh round of job cuts, as the world of crypto faces another existential threat after the FTX collapse,…
- Technology
Crypto.com labels mass layoff reports as ‘inaccurate’
Sydney: Cryptocurrency exchange Crypto.com has said that the report suggesting that it laid off over 2,000 of its employees was “incorrect”, media reports say. According to Tech in Asia, the cryptocurrency exchange…
- 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…
- Technology
8 US states sue crypto platform Nexo for lying to investors
New York: Cryptocurrency platform Nexo has been sued by New York, California and six other state regulators for failing to register with the state as securities and commodities brokers or dealers and…
- Technology
Hacked verified Twitter accounts hit Elon Musk with crypto spams
New Delhi: Elon Musk on Monday was spammed by hacked verified accounts along with non-verified accounts sharing links to crypto scams, as he shared an update about Tesla’s latest version of full…
- Business
ED freeze on Rs 370 cr bank assets ‘unfortunate’: Crypto firm Vauld
New Delhi: A day after the Enforcement Directorate (ED) froze crypto lending platform Vauld’s bank assets worth Rs 370 crore over its “predatory lending practices”, the company on Saturday termed the action…
- Business
Singapore-based crypto lender Hodlnaut freezes withdrawals, deposits
Singapore: Cryptocurrency lender Hodlnaut has announced to freeze withdrawals, token swaps and deposits amid the harsh crypto winter. The company has also informed the Monetary Authority of Singapore (MAS) to withdraw its…
- Business
Top crypto exchange Blockchain.com cuts 25% of its workforce
New Delhi: Leading cryptocurrency exchange Blockchain.com has laid off 25 percent of its workforce, nearly 150 employees, amid the global economic meltdown. The digital assets trading firm said it will shut its…
- Technology
Founders of crypto hedge fund Three Arrows Capital go missing
San Francisco: The founders of bankrupt cryptocurrency hedge fund Three Arrows Capital (3AC) have vanished and the officials charged with liquidating the company were looking for their whereabouts. The mega fund, founded…