Global crypto meltdown: India dodges bullet thanks to cautious govt, RBI

While the Reserve Bank of India (RBI) has refused to recognise cryptocurrencies and repeatedly issued warnings against trading in them, the government fired the tax bullet to wean off demand.

published on : 14th November 2022

Cryptoexchange FTX fallout: What investors should know?

This may not be the right time to explore the crypto space. It’s better to wait for the government to come out with some regulations.

published on : 14th November 2022

Mobile gaming app case: ED freezes Bitcoins worth Rs 22.82 cr during raid on Binance

The accused Aamir Khan launched a mobile gaming application namely E-Nuggets, which was designed for the purpose of defrauding the public, ED said.

published on : 11th November 2022

In Niagara Falls, bitcoin mining brings a new roar to town

Bitcoin mining farms have multiplied in the United States since China halted this activity in 2021. The United States is now emerging as a global leader in the industry.

published on : 2nd November 2022

Why crypto's big 'merge' is causing big headaches

Cryptocurrencies were envisaged as a decentralised alternative to the banks, corporations and governments that failed so spectacularly during the global crash of 2008.

published on : 4th October 2022

Bitcoin falls 6 per cent; Ethereum down after the Merge

Bitcoin, the world’s largest cryptocurrency, on Monday dropped close to 6% and reached below $18,300 level on Monday, and Ethereum too hit multi-month low following the Merge.

published on : 20th September 2022

No protection for anyone in Bitcoin case: Araga

The minister said Sriki, accused in the Bitcoin case, misled police by showing a Bitcoin exchange and there is nothing in the case.

published on : 16th September 2022

Investment in cryptocurrencies to further slow down in second half of 2022: KPMG report

Bitcoin has been plunging for a few months now, and according to experts, if selling pressure continues, it could trade lower at $17,000.

published on : 7th September 2022

'Caution should be the word': WazirX episode reveals darker side of crypto trade

The Enforcement Directorate (ED) has been investigating allegations of money laundering against WazirX.

published on : 11th August 2022

'In India, 7.3% of the population owned digital currency in 2021, seventh highest in the world': UN

Ukraine topped the list with 12.7 per cent, followed by Russia (11.9 per cent), Venezuela (10.3 per cent), Singapore (9.4 per cent), Kenya (8.5 per cent) and the US (8.3 per cent).

published on : 11th August 2022

Founders of bankrupt crypto hedge fund Three Arrows Capital go missing

The Singapore-based 3AC filed for bankruptcy in the US earlier this month to protect its assets from creditors.

published on : 12th July 2022

Crashing crypto: Is investors’ money safe?

Apart from these global factors, the Indian crypto industry also started seeing layoffs, crypto winter, and the new TDS rule bringing down volumes on many crypto exchanges.

published on : 11th July 2022

Now top cryptocurrency broker Voyager Digital files for bankruptcy

The prolonged volatility in the crypto markets and a loan default by crypto hedge fund Three Arrows Capital require us to take decisive action now, said Voyager CEO Stephen Ehrlich.

published on : 6th July 2022

Singapore-based crypto platform Vauld suspends operations over financial challenges

The crypto market, at large, has fallen by about a third since it hit its peak sometime in November last year and left many investors poorer.

published on : 5th July 2022

New York officials denies air permit renewals to bitcoin-mining power plant

A majority of the electricity produced by the plant is now used to run more than 15,000 computer servers for bitcoin mining, which guzzles massive amounts of electricity.

published on : 1st July 2022

Bitcoin trading platform Bitpanda lays off 250 employees amid market uncertainty

A growing list of crypto platforms like Crypto.com, Bitso, Buenbit, BlockFi, and Coinbase have announced layoffs in the wake of the recent economic downturn.

published on : 25th June 2022

Label your money as 'for now' and 'future'; Inflation can significantly threaten your savings

The first half of 2022 is almost over. It is that time when you can sit back to review your financial well-being. From the headline data, things are not looking good.

published on : 20th June 2022

Bitcoin drops below USD 20,000 as crypto selloff quickens

Bitcoin, the most popular cryptocurrency, fell below the psychologically important threshold, dropping as much as 9% to less than $19,000, according to CoinDesk.

published on : 18th June 2022

Bitcoin plunges to eighteen-month low on Monday

Also, this is the lowest in the past 18 months. The cryptocurrency market capitalisation too plunged below $1 trillion, the lowest since January 2021.

published on : 14th June 2022

Cryptocurrencies plunge: Bitcoin falls to 18 month-low

The global crypto market, comprising other virtual currencies which are tanking, is worth about $1 trillion, which is down from a level of more than $3 trillion at its peak seven months ago.

published on : 13th June 2022
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