Cryptocurrency
- Business
Law on cryptocurrency only after international collaboration, risk evaluation: Govt
New Delhi: The policy related to crypto assets and its ecosystem is with the Finance Ministry and any legislation on it would be effective only through international collaboration after proper risk evaluation,…
- Hyderabad
Hyderabad: UAE based crypto trading company dupes city’s residents
Hyderabad: Thousands of people were duped by an online crypto trading company in the city. Cases were filed against the alleged fraudsters at different police stations in the city after the victims…
- Business
Only 2% of cryptocurrencies have a ‘healthy’ liquidity, finds study
New Delhi: As major crypto exchanges like FTX go bankrupt amid high volatility, almost 90 per cent of cryptocurrencies have a low trading volume, with just 2 per cent of crypto coins…
- Technology
Former FTX CEO Sam Bankman-Fried arrested in the Bahamas
San Francisco: Sam Bankman-Fried (SBF), the former CEO of bankrupt crypto exchange FTX, has been arrested in the Bahamas, as he was expected to testify online before the US House Financial Services…
- Technology
FTX collapse: US asks companies to disclose exposure to beleaguered crypto firms
San Francisco: In the wake of the collapse of crypto exchange FTX, the US Securities and Exchange Commission (SEC) has directed publicly-traded companies to tell investors about their involvement with struggling cryptocurrency…
- Technology
Telegram’s next step is to let users securely trade, store cryptos: CEO
New Delhi: Telegram’s next step is to build a set of decentralised tools, including non-custodial wallets and decentralised exchanges for millions of people to securely trade and store cryptocurrencies, its Founder and…
- Technology
WazirX gets 764 requests from Indian law enforcement agencies
New Delhi: Homegrown crypto exchange WazirX on Monday said it received 828 queries from law enforcement agencies, including 764 from India, and it complied with 100 per cent of those in the…
- Technology
FTX bankruptcy filing reveals staggering mismanagement
San Francisco: A new court filing concerning the bankrupt Sam Bankman-Fried’s companies has revealed a crypto empire that was massively mismanaged and possibly fraudulent – a “complete failure of corporate controls”. “Never…
- Business
FTX CEO pocketed $300 mn after big funding raise: Report
San Francisco: Sam Bankman-Fried, CEO of now bankrupt cryptocurrency exchange FTX, pocketed $300 million after a big funding raise last year, the media reported. According to The Wall Street Journal, the beleaguered…
- Technology
Crypto.com mistakenly sends Ethereum worth $400 mn to another exchange
San Francisco: Crypto.com has admitted that it mistakenly sent over $400 million in Ethereum digital coins to another crypto exchange called Gate.io. Crypto.com CEO Kris Marszalek said in a tweet that the…
- Technology
Crypto exchange FTX files for bankruptcy, CEO Sam Bankman-Fried resigns
San Francisco: The beleaguered crypto exchange FTX on Friday announced it has filed for Chapter 11 bankruptcy in the US, as its Founder and CEO Sam Bankman-Fried resigned from his role. John…
- India
Drug smuggling through darknet, cryptocurrencies increased: Shah
New Delhi: Union Home Minister Amit Shah said that there has been an increase in drug smuggling through the darknet and cryptocurrencies, which is also responsible for terrorism. The Home Minister made…
- Technology
Ethereum’s dominance in crypto market up 20% after the ‘Merge’
New Delhi: The dominance of Ethereum, the second largest cryptocurrency after Bitcoin, is up 20 per cent in the global crypto market following the ‘Merge’, a report shpowed on Wednesday. The historic…
- 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…
- Business
Hackers steal over $100 mn from top crypto exchange Binance
New Delhi: World’s largest cryptocurrency exchange Binance has confirmed that hackers have stolen more than $100 million from its platform. The Binance Blockchain, also known as BNB Chain, said that a total…