Cryptocurrency
- Technology
India’s crypto ad guidelines out, celebrities warned
New Delhi: In a bid to clamp down on risky crypto ads in India, the Advertising Standards Council Of India (ASCI) on Wednesday issued guidelines for all virtual digital assets (VDA)-related advertisements,…
- World
Man took Apple Store worker hostage, demanded $200 mn in crypto
London/San Francisco: A 27-year-old man held an Apple Store customer hostage for several hours at the company’s flagship store in Amsterdam and demanded $200 million in cryptocurrency. The suspect, in camouflage gear,…
- Technology
Criminals had $11 billion worth illicit cryptocurrencies in 2021
New Delhi: Cryptocurrencies have made criminals richer and in 2021, criminals held $11 billion worth of funds with known illicit sources, compared to just $3 billion at the end of 2020, a…
- Hyderabad
Hyderabad: Youth duped of Rs 16 lakhs for investing in crypto
Hyderabad: As cryptocurrency becomes increasingly prominent for investors, a group of youngsters were duped of Rs 16 lakhs on Wednesday. The police said one of the victims was in touch with a…
- 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
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…