Cryptocurrency
- 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…
- Technology
Crypto losses reach $428 mn in Q3 globally, hacks top concern
New Delhi: The world saw crypto losses up to $428 million in the third quarter (Q3), down 36 per cent from Q2, from hacks and frauds, a new report has shown. An…
- Entertainment
Kim Kardashian pays USD 1.26 mn fine for illegally promoting crypto on Instagram
Washington: Reality TV star Kim Kardashian paid $1.26 million fine after she was charged with unlawfully promoting an illegal crypto investment scheme on Instagram, the US Securities and Exchange Commission (SEC) said…
- Hyderabad
Hyderabad: Engineer duped of over Rs 5 lakh in crypto fraud
Hyderabad: In a recent case of bitcoin investment fraud, cybercriminals duped a city-based software engineer out of Rupees 5.8 lakh. According to Rachakonda cyber crime officials, the 40-year-old man stated that on…
- Business
Hiring at crypto exchange Coinbase up 33% despite recent layoffs
New Delhi: Despite laying off 1100 employees, leading cryptocurrency exchange Coinbase, its full-time employee count stood at 4,977 at the end of the June quarter (Q2) — a 33 per cent rise…
- Telangana
Hyderabad: Fake call center busted, Rs 55L worth of crypto seized
Hyderabad: 17 accused persons were arrested for running a fake call center by cybercrime sleuths from Cyberabad on Monday. According to police, the accused persons were running a fake call center out…
- Business
Bitcoin plunges below $20K, may reach $10K level this year
New Delhi: After showing some stabilisation in the last few weeks, world’s largest cryptocurrency Bitcoin has plunged once again below $20,000 after Federal Reserve Chair Jerome Powell’s keynote address. Bitcoin initially showed…
- Hyderabad
Hyderabad: Man tricked of Rs 40 lakh in cryptocurrency fraud
Hyderabad: A man was scammed for Rs 40 Lakh under the guise of investing in cryptocurrency by swindlers. The victim resides in old Bhoiguda in Secunderabad and works at a restaurant. A…