cryptocurrency
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News
SC allows trading in cryptocurrency, quashes ban imposed by RBI
New Delhi: The Supreme Court on Wednesday allowed trading in cryptocurrency, overruling an earlier ban imposed by the Reserve Bank of India (RBI) on dealing in virtual currencies such as…
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Technology
Body of CEO exhume with $145 mn crypto passwords
TORONTO: As the mystery deepens around the death of Gerald Cotten, CEO of Canadian cryptocurrency exchange Quadriga CX, now lawyers for customers have asked police to exhume the body of…
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Technology
Visa, Mastercard, EBay quit Facebook’s Libra project
San Francisco: In a major jolt to Facebook, several top-notch companies like Visa, Mastercard and EBay have pulled out of the Libra cryptocurrency project ahead of their first meeting in…
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Technology
Japan’s leading media conglomerate warns against FB’s ‘Libra’
Singapore: In an editorial published by Japan’s leading media conglomerate newspaper ‘The Yomiuri Shimbun’, red flags have been raised about Facebook‘s venture into the cryptocurrency world with the veil being lifted into the…
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Technology
India among top 5 nations who tweet most about Bitcoin
NEW DELHI: India is among the top five countries that tweet the most about Bitcoin and Facebook’s upcoming “Libra” cryptocurrency. The US leads in the volume of tweets referencing Bitcoin…
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World
Facebook’s cryptocurrency faces pre-G20 examination
London: Heading in to the G20 summit, Facebook is on notice from powerful regulators including the Fed chief that its plans for a global cryptocurrency face piercing scrutiny. The Libra…
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Technology
Only 1 in 10 people know how cryptocurrency works: Survey
NEW DELHI: Only one in 10 people understand how cryptocurrencies work while 29 per cent have some knowledge about digital currencies, a new Survey by Russian cybersecurity firm Kaspersky has…
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Technology
Facebook says its digital currency ‘Libra’ coming in 2020
San Francisco: Amid intense calls to break it down as the company has grown too big, Facebook on Tuesday announced its own digital wallet subsidiary called “Calibra” for its global…
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India
Draft law proposes 10-year jail term for dealing in cryptocurrency
New Delhi: Holding, selling or dealing in cryptocurrencies such as Bitcoin could soon land you in jail for 10 years. The “Banning of Cryptocurrency and Regulation of Official Digital Currency…
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Technology
Facebook may introduce its cryptocurrency in June
San Francisco: Facebook may finally launch its long-rumored cryptocurrency later in June. The cryptocurrency, under Facebook’s “Project Libra”, is reportedly aimed at allowing Facebook’s global users to transfer money across…
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Technology
Facebook to launch its cryptocurrency next year: Report
London: Facebook, which owns WhatsApp and Instagram, is gearing up to launch its own cryptocurrency next year, the BBC reported on Friday. Called “GlobalCoin,” the cryptocurrency would work with a…
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Technology
Blockchain may make e-commerce cheaper, fairer
San Francisco: A Blockchain-based system that allows buyers and sellers to interact directly can make e-commerce platform for digital goods “cheat proof” and the products cheaper, says a study by…
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Technology
Cryptominers still most active threat to firms
NEW DELHI: While some of the big cryptomining services such as Coinhive have shut down operations, cryptominers are still the most prevalent malware aimed at organisations especially on Cloud environments,…
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Technology
Facebook hiring experts for its Blockchain division
San Francisco: Social-networking giant Facebook is seeking executives to work in its secretive Blockchain division and to work on the company’s own blockchain applications and cryptocurrency. Facebook has listed 22…
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Technology
Facebook working to roll out its own ‘stablecoin’: Report
California: In an era where digital currencies are fast evolving, Facebook is also looking at hopping on the wagon and bring out its own exclusive cryptocurrency. As The New York…
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Technology
Samsung Galaxy S10 comes with built-in cryptocurrency wallet
Seoul: Cryptocurrency is yet to be adopted by global economies, but that is no deterrent for Samsung which added a built-in cold storage wallet for the digital currency. The latest…
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World
Cryptocurrency firm CEO dies locking password to his $190 million assets
Washington: Making millions of easy money through Cryptocurrency has attracted attention from across the world before the governments decided to step in. Well as easy and good as it sounds…
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