Bitcoin Cryptocurrencies

WazirX hacker behind $234 mn crypto theft in India starts washing funds

Blockchain intelligence firm Arkham Intelligence highlighted the flows, which underline the difficulty of recovering the digital assets

WazirX hacker behind $234 mn crypto theft in India starts washing funds

Blockchain intelligence firm Arkham Intelligence highlighted the flows, which underline the difficulty of recovering the digital assets

Cryptoverse: Bitcoin ETFs take $50 bn baby steps toward bigger milestone

The path to wide acceptance as a mainstream asset may be slow and twisting

Market Mayhem: Bitcoin crashes below $50k; Ethereum, BNB fall up to 20%

The popular cryptocurrency has traded in the range of $49,121.24 (low) to $61,058.94 (high) in the last 24 hours

Binance founder Changpeng Zhao sentenced to four months in prison

Zhao pleaded guilty in November for failing to implement an adequate money laundering program at Binance

Bitcoin in April 2024: All you need to know about Halving event and impact

On Monday, Bitcoin traded at $65,000-mark as against the $63,000 level on Friday. Historically, Bitcoin has rallied post halving, will the trend continue? Here's all you need to know

Bitcoin rallies to two-year high above $65,000, record high comes into view

The largest cryptocurrency by market value has gained 50% this year and most of the rise come in the last few weeks where inflows into U.S.-listed bitcoin funds have surged

Bitcoin tops $57,000 for 1st time in over 2 years, Ethereum crosses $3,200

Since the start of 2024, Bitcoin has gained 33 per cent, primarily due to the high demand of its recently launched ETFs

Crypto currencies have no underlying value: RBI exec director Vasudevan

Crypto currencies cannot be referred to as "currencies" as they have no underlying value, a central bank official said. The Reserve Bank of India (RBI) has been critical of new-age currencies like bitcoins, saying they pose systemic risk to the financial systems. "Crypto currencies cannot be called currencies as they don't have any underlying value," P Vasudevan, an executive director at the RBI, said during a panel discussion organised by IIM-Kozhikode here. Ultimately it is a call that the government has to take on how to tackle crypto currencies, the official said. Currently, bitcoins have no legal backing in India and investors have to pay a tax on the income earned by trading in them. In the backdrop of the action against Paytm Payments Bank and curbs imposed on some international card providers, Vasudevan said self-regulation can protect the fintech sector better. He also said that mechanisms could be looked at to highlight bad behaviour.

Bitcoin reclaims $1 trillion market cap for first time since November 2021

According to experts, the upcoming Bitcoin halving in April may lead to the token retesting its all-time high level of $69,000

Crypto exchange FTX abandons efforts to restart its crypto exchange

FTX has been negotiating for months with potential bidders and investors, but none were willing to put in enough money to rebuild the FTX exchange

Crypto wrap: Cryptocurrency in Parliament; Bitcoin's surge to 18-month high

This week, in reply to a question in the Parliament in the ongoing Winter Session, the Centre revealed that as many as 28 Virtual Digital Assets service providers have registered themselves with FIU

Bitcoin breaches $44,000 mark, now on the same level as in March 2022

According to experts, the current rally comes in the backdrop of optimism around Bitcoin exchange-traded funds

Despite market volatility, 36% increase crypto allocations: Binance survey

A minority (17.3%) decreased their crypto allocation. Unsurprisingly, the main concerns of survey participants are regulatory risk (29.7%), counterparty risk (21.6%), custody of assets (15.7%)

Bitcoin breaches $30k-mark fuelled by Powell's comments, spot ETF filings

US Fed chair Jerome Powell on Wednesday said they see 'payment stablecoins as a form of money'

Crypto wrap: Market trading flat amid regulatory crackdown on Binance

Earlier this week, the US Commodity Futures Trading Commission filed a lawsuit against Binance for trading against customers and misusing internal trading channels

Crypto decouples from global financial markets amid banking sector gloom

The collapse of several banks in the last two weeks has spread fears of contagion in global markets, but crypto markets saw a bull run, with Bitcoin climbing to its nine-month high on Monday

Crypto wrap: Opposite to global sentiments, crypto market jumps big

Cryptocurrency news: According to some experts, however, despite the bull run, the investors must remain cautious

Crypto firms see no long term impact of fall of US banks, investors unsure

SVB crisis: After the SVB was shut down by US regulators on Friday, the crypto market plunged deep into the red, but they had largely recovered by Tuesday

Crypto under PMLA: Industry gives thumbs up, expects higher investor faith

Cryptocurrency news: On Tuesday, the Centre issued a notification to bring VDAs under the ambit of anti-money laundering law in India