Cryptocurrency
- Technology
Intel designing crypto chip, Jack Dorsey is the first buyer
New Delhi: Chip-maker Intel is working on a crypto chip that will be energy-efficient and Jack Dorsey-owned fintech company Block (formerly known as Square) will be one of the first buyers of…
- India
Youth kidnapped for cryptocurrency in Jodhpur
Jodhpur: A youth was kidnapped by two of his friends here after he jokingly claimed to be in possession of cryptocurrency, police said on Thursday. B.A Final year student Hiren Sharma was abducted…
- 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…
- Technology
$323 mn in crypto stolen from cross-chain protocol Wormhole
New Delhi: Hackers have stolen cryptocurrency worth over $326 million from blockchain bridge Wormhole. Wormhole is a platform that allows users to transfer cryptocurrency across different blockchains. The company confirmed in a…
- India
Crypto not currencies as they are not issued by the central bank: Nirmala Sitharaman
New Delhi: Clarifying the Centre’s stance on crypto-currencies, Finance Minister Nirmala Sitharaman on Tuesday said the government does not recognise such digital financial assets as they are not issued by the central…
- Technology
Mark Zuckerberg’s cryptocurrency dream gets over
San Francisco: Facing regulatory hurdles, the cryptocurrency dream of Meta CEO Mark Zuckerberg is officially over as the company has sold its digital coin known as Diem for around $200 million to…
- Technology
US lawmakers begin probe into Bitcoin miners’ high energy use
San Francisco: Eight US lawmakers have come forward to push Bitcoin mining companies into revealing how much electricity they use for crypto mining, as cryptocurrency mining’s impact on energy is being felt…
- Technology
Hackers steal $80 mn in crypto, platform begs them to return funds
New Delhi: Hackers have stolen cryptocurrency worth $80 million from Qubit Finance, a decentralised finance (DeFi) platform, and the company is now begging hackers to return the stolen cryptocurrency. The value of…
- 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,…
