Cryptocurrency
- India
Ahmedabad man loses Rs 1 cr in matrimonial site cryptocurrency scam
Ahmedabad: Ahmedabad-based software engineer fell victim to a cryptocurrency scam, resulting in a loss of over Rs one crore, said officials on Monday. The victim, identified as Kuldeep Patel, encountered the scammer,…
- Business
CoinDesk to slash workforce ahead of potential sale: Report
San Francisco: Cryptocurrency news company CoinDesk is reportedly slashing its workforce, as a group of investors was likely in the final stages to acquire it for about $125 million, the media reported…
- Technology
New malware targeting Android users to steal sensitive data using OCR
San Francisco: Two new malware families targeting Android users have been discovered on Google Play, named CherryBlos and FakeTrade, which are designed to steal cryptocurrency credentials and funds or conduct scams using…
- Technology
NFT of Jack Dorsey’s first tweet loses 99 per cent of value
New Delhi: The very first tweet of Jack Dorsey, whose non-fungible token (NFT) was sold for a whopping $2.9 million in 2021, now has a paltry price of less than $2,000. Iranian-born…
- Technology
19 people across world become billionaires via cryptocurrency
New Delhi: As the world of cryptocurrency tumbles down amid regulatory crackdowns, there are 19 individuals in the world who achieved the title of a billionaire through cryptocurrency. One cryptocurrency in particular…
- Business
Crypto exchange Binance ordered to halt services in Belgium
San Francisco: Leading blockchain and cryptocurrency platform Binance has been ordered by Belgium’s Financial Services and Markets Authority (FSMA) to cease immediately all offers of virtual currency services in the country. The…
- Business
Bitcoin and Ethereum price remains unfazed by US SEC lawsuits
New Delhi: The lawsuits against top crypto exchanges Binance and Coinbase by the US Securities and Exchange Commission (SEC) have not been able to severely impact the price of Bitcoin which is…
- Middle East
World’s first Bitcoin tower to come up in Dubai
The United Arab Emirates (UAE) will be the home of the world’s very first Bitcoin tower, which will be a hotel in the shape of a Bitcoin. The 40-story tower will be…
- Technology
Coinbase sues US SEC over crypto rule-making petition
San Francisco: Leading Blockchain and cryptocurrency platform Coinbase has sued the US Securities and Exchange Commission (SEC) to compel the commission to respond yes or no to its July 2022 rule-making petition.…
- Technology
Hackers using fake play-to-earn gaming apps to steal cryptocurrency, warns FBI
San Francisco: The Federal Bureau of Investigation (FBI) in the US has warned that threat actors are now using fake rewards in so-called “play-to-earn” mobile and online games to steal millions worth…
- Technology
US arrests Russian crypto exchange founder in USD 700 mn fraud
Washington: US authorities have arrested Anatoly Legkodymov, founder and majority owner of cryptocurrency exchange Bitzlato, for allegedly processing $700 million in illicit funds. He was arrested from the state of Miami for…
- Technology
Collapsed crypto exchange FTX claims USD 415 mn hacked
San Francisco: Bankrupt cryptocurrency exchange FTX has claimed that hackers stole nearly $415 million from its platform. FTX CEO John J. Ray III said that about $323 million was hacked from its…
- Technology
Coinbase fires 950 people, shuts down several projects
New Delhi: Crypto exchange Coinbase on Tuesday laid off 20 per cent of its workforce, or about 950 people, to reduce its operating expenses amid the economic recession fears. Coinbase Co-founder and…
- Business
Crypto winter wipes over 70K Bitcoin millionaires in 2022
New Delhi: The crypto winter wiped over 70,000 Bitcoin millionaires in 2022, as the recent volatility experienced by top cryptocurrency resulted in millionaire holders suffering significant losses, a report showed on Tuesday.…
- Technology
Former FTX CEO Sam Bankman-Fried to enter ‘not guilty’ plea
San Francisco: Sam Bankman-Fried, the former CEO of bankrupt crypto exchange FTX, is reportedly set to enter a plea of ‘not guilty’ when he appears before the court on January 3. Bankman-Fried,…
