Cryptocurrency
- Technology
IMF warns El Salvador from using Bitcoin as official currency
Washington: The International Monetary Fund (IMF) has warned El Salvador to no longer use Bitcoin as a legal tender, citing large risks for financial and market integrity, financial stability and consumer protection.…
- Technology
Crypto.com users not able to access accounts after $34 mn hack
San Francisco: After several users complained about issues with logging back to their accounts on Crypto.com after the platform was hit by a $34 million hack, its CEO Kris Marszalek has been…
- Technology
Robinhood starts rolling out crypto wallets to 1,000 users
San Francisco: Silicon Valley-based online trading app Robinhood has announced that it has begun rolling out crypto wallets to 1,000 users from the top of the wallets waitlist. By March, the company…
- India
Increase regulatory focus on cryptocurrency: Pre-Budget survey
New Delhi: A pre-Budget expectations survey on Saturday showed a growing demand for increasing regulatory focus on the cryptocurrency sector. As per the Grant Thornton Bharat survey, nearly 79 per cent of…
- Technology
Global crypto market suffers $1 trillion loss as Bitcoin crashes
New Delhi: Bitcoin, along with other digital cryptocurrencies, crashed to its lowest level on Saturday and the continuing meltdown has wiped out over $1 trillion from the global crypto market value. Bitcoin…
- Technology
Crypto hackers using fake Amazon digital token as bait to lure victims
New Delhi: Amid the crypto buzz, cyber-criminals are leveraging Amazon’s name to promote a fraudulent scheme called ‘Amazon to create its own digital token’ — leading victims to give away their credentials…
- Technology
Crypto.com loses $34 mn in hack involving 483 users
San Francisco: Leading cryptocurrency platform Crypto.com has finally admitted that 483 users on its platform lost almost $34 million in various digital coins owing to a compromise in two-factor (2FA) authentication. Overall,…
- Technology
Spain joins India, Singapore to tame cryptocurrency ads
New Delhi: With an aim to reign in cryptocurrency ads promising wild returns, Spain has now joined countries like Singapore and India, stressing that the advertising of crypto-assets must be clear, balanced,…
- Technology
Retail giant Walmart plans to enter Metaverse, sell NFTs
San Francisco: Amid the buzz around Metaverse, retail giant Walmart has revealed plans to enter the field of highly immersive virtual reality/augmented reality (VR/AR) and Blockchain-based world. Walmart’s trademark filings indicate that…
- Technology
Tesla to accept dogecoin as payment for merchandise: Musk
San Francisco: Tesla CEO Elon Musk on Friday said the electric carmaker will accept meme-based digital currency dogecoin for merchandise. “Tesla merch buyable with Dogecoin,” Musk said in a tweet. Following the…
- Technology
Binance CEO becomes one of the world’s richest billionaires
New Delhi: A cryptocurrency CEO has become one of the richest people on Earth, CNN reported. Changpeng “CZ” Zhao, who runs the crypto exchange Binance, has joined the ranks of the world’s…
- Technology
Tesla owner claims he mined $800 crypto per month using EV
San Francisco: A Tesla owner has revealed that he was making $800 every month using his Model 3 EV to mine Bitcoin and Ethereum. According fo CNBC, Siraj Raval said through 2021…
- Technology
Victims of $200 mn BitMart crypto hack still waiting for refunds
San Francisco: Victims of a $200 million hack of popular cryptocurrency exchange BitMart are still waiting for their money even after over a month since the exchange was hacked. According to reports,…
- Technology
Kazakhstan: Bitcoin price decreased due to ongoing protest
The Bitcoin prices have decreased due to the protest in Kazakhstan, the country’s facing a lack of internet access, as a result, the biggest network of Bitcoin remain inactive the whole day.…
- Pakistan
Pakistan issues notice to cryptocurrency exchange in $100mn scam
Islamabad: Pakistan’s Federal Investigation Agency (FIA) said that it had issued a notice to Binance, a cryptocurrency exchange, during the investigation of an alleged cryptocurrency scam involving around $100 million. The notice…
