Cryptocurrency
- Business
$1.6 bn worth Ethereum lost forever since its ‘presale’
New Delhi: The owners of Ethereum, the second largest cryptocurrency by market cap, have lost their crypto wallets containing 532,426 Ethereum with a current market value of $1.6 billion since its “presale”…
- Business
Cryptos can lead to dollarisation of economy: RBI officials to par panel
New Delhi: Cryptocurrencies can lead to “dollarisation” of a part of the economy which would be against India’s sovereign interest, top officials of the RBI have told a parliamentary panel, according to…
- Business
Cryptocurrencies: why they’ve crashed and what it could mean for their future
London: If you had invested 100 (US 122) in the cryptocurrency Luna a month ago, you might have been quietly confident you’d made a sensible bet. But Luna’s value has since fallen…
- Technology
Hackers hit top crypto data websites amid crypto meltdown
New Delhi: As the crypto market suffered a meltdown, several top crypto data websites were hit by cyber attacks where a malicious pop-up prompted users to connect their crypto wallets. Crypto data…
- Technology
Twitteratis urge Coinbase users to transfer crypto into hardware wallets
New Delhi: Coinbase warned that in the unlikely event of bankruptcy, it may absorb its users’ cryptocurrency as property. Some cryptocurrency observers were alarmed by the acknowledgement because it appeared to contradict…
- Business
Terra Luna cryptocurrency collapses 98%, investors lose life savings
New Delhi: The dramatic crash of Terra (Luna), ranked among the top 10 most valuable cryptocurrencies, has wreaked havoc in the lives of investors who are feared they will become homeless after…
- Technology
Global crypto market sheds $275 bn, Bitcoin down at 2020 level
New Delhi: The free fall in the global cryptocurrency market continued on Thursday as over $275 billion were wiped off from its global market cap within 24 hours and Bitcoin dropped to…
- Technology
Pressure from RBI forced us to halt crypto trading in India: Coinbase CEO
New Delhi: Top cryptocurrency exchange Coinbase quit India operations owing to “informal pressure” from the Reserve Bank of India (RBI), its CEO Brian Armstrong has revealed for the first time. The US-based…
- Business
Mayhem in crypto market as Bitcoin drops below $30,000-mark
New Delhi: The global cryptocurrency market entered its worst phase ever on Tuesday, with Bitcoin dropping below $30,000 per coin and leaving millions of investors in a panic mode. The overall global…
- Technology
Bitcoin, other cryptocurrencies in free fall after interest rate hikes
New Delhi: Bitcoin on Sunday witnessed another round of free fall, slipping below $35,000 per coin, as the global crypto market went through a massive slump of over 4.5 per cent in…
- Technology
Gucci stores in US to accept cryptocurrencies
Washington: Italian luxury brand Gucci will start accepting payments in cryptocurrencies in some of its stores in the US. Customers will be able to pay using a number of cryptocurrencies, including Bitcoin,…
- Technology
Wikimedia Foundation discontinues cryptocurrencies as donation
New Delhi: The Wikimedia Foundation (WMF) has announced to discontinue direct acceptance of cryptocurrency as donation. The WMF, the organisation behind Wikipedia, received around $130,000 in crypto donations last year. “We are…
- Technology
Telegram now lets users send cryptocurrency
San Francisco: After the encrypted messaging app Telegram previously gave up on its own token, it now supports crypto payments. According to Protocol, the addition could make crypto payments on messaging platforms…
- Business
Investors likely to lose up to $545 mn worth Bitcoin in 2022
New Delhi: Bitcoin investors are likely to lose up to $545 million this year, owing to various reasons like forgetting passwords to their wallets or making a mistake in recording their “seed…
- Hyderabad
Telangana: Entrepreneur loses Rs 80L due to cryptocurrency heist
Hyderabad: A entrepreneur from the city’s Srinagar colony was deceived of Rs 80 lakh after investing in cryptocurrency. The victim reached out to the Hyderabad city police’s cybercrime unit and filed a…