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Gain Bitcoin scam case: CBI summons audit firm employee Gaurav Mehta

The CBI on Wednesday summoned Gaurav Mehta, an audit company employee, to appear before it as soon as possible in connection with the Rs 6,600-crore Gain Bitcoin ponzi scam case, officials said. The central probe agency had registered three cases related to the scam last month on the Supreme Court orders issued last year, officials said. Mehta was summoned by the CBI, a day after his name cropped up in purported tapes of Maharashtra political leaders discussing the encashment of the cryptocurrency worth crores. The Central Bureau of Investigation (CBI) swung into action hours after the Enforcement Directorate, investigating the money laundering aspect, launched raids at the Mehta's residence in Chhattisgarh. The apex court handed over cases registered against Variable Tech Pvt Ltd across the country to the CBI in December 2023. "During the investigation, it shall be open to the CBI to club/consolidate any one or more of the FIRs," the top court had said. The apex court had clarif

Gain Bitcoin scam case: CBI summons audit firm employee Gaurav Mehta
Updated On : 21 Nov 2024 | 6:34 AM IST

Crypto industry lobbies Trump, allies to capitalise on US election wins

After years in the political wilderness, crypto executives are scrambling to execute a policy wish list that could fundamentally transform the industry's standing in the United States

Crypto industry lobbies Trump, allies to capitalise on US election wins
Updated On : 14 Nov 2024 | 11:20 PM IST

Bitcoin rally: Book partial profits, full exit unnecessary unless needed

Institutional interest in cryptocurrencies is up, as is evident from the increased volumes in Bitcoin and Ethereum exchange-traded funds (ETFs)

Bitcoin rally: Book partial profits, full exit unnecessary unless needed
Updated On : 14 Nov 2024 | 11:13 PM IST

Riding on Donald Trump's euphoria, Bitcoin breaks through $90,000 mark

The world's biggest cryptocurrency has become one of the most eye-catching movers in the week since the election and on Wednesday touched record highs. It was last up 5.49 per cent at $93,158

Riding on Donald Trump's euphoria, Bitcoin breaks through $90,000 mark
Updated On : 13 Nov 2024 | 10:34 PM IST

Dollar roars with bitcoin as Trump trades shine; euro, yuan slump

The euro languished at a seven-month trough and the yuan slumped to its lowest in more than three months, with Europe and China both targets of potential Trump tariffs

Dollar roars with bitcoin as Trump trades shine; euro, yuan slump
Updated On : 12 Nov 2024 | 3:57 PM IST

Bitcoin soars above $84,000 as Donald Trump's win boosts crypto prospects

Trump's decisive victory in the presidential election has prompted celebratory chest-thumping from the digital-asset industry

Bitcoin soars above $84,000 as Donald Trump's win boosts crypto prospects
Updated On : 11 Nov 2024 | 11:44 PM IST
Updated On : 11 Nov 2024 | 6:44 PM IST

Asian stocks slide as China stimulus disappoints; bitcoin extends rally

Japan's Nikkei fell 0.3 per cent. South Korea's Kospi lost 0.9 per cent and Taiwan's benchmark slipped 0.7 per cent

Asian stocks slide as China stimulus disappoints; bitcoin extends rally
Updated On : 11 Nov 2024 | 9:19 AM IST

Bitcoin rises above $80,000 for first time on optimism over Trump's victory

The cryptocurrency climbed as much as 4.7% to an unprecedented $80,092 on Sunday

Bitcoin rises above $80,000 for first time on optimism over Trump's victory
Updated On : 10 Nov 2024 | 10:34 PM IST

Trump victory in US Presidential election to ripple through global economy

With a Trump administration expected to take a softer line on cryptocurrency regulation, bitcoin is another potential winner

Trump victory in US Presidential election to ripple through global economy
Updated On : 06 Nov 2024 | 6:00 PM IST

Bitcoin traders refocus on $71,000 price level with cash flowing into ETFs

Cryptocurrencies dropped last week, following a report that US was investigating stablecoin issuer Tether Holdings Ltd. for possible violations of sanctions and anti-money-laundering rules

Bitcoin traders refocus on $71,000 price level with cash flowing into ETFs
Updated On : 29 Oct 2024 | 9:09 AM IST
Updated On : 17 Oct 2024 | 3:56 PM IST

Bitcoin falls 4.7% as West Asia tension spurs caution across markets

The digital asset fell 4.7 per cent on Tuesday, the most in nearly a month, after Iran fired about 200 ballistic missiles at Israel in a sharp but brief escalation of hostilities between 2 adversaries

Bitcoin falls 4.7% as West Asia tension spurs caution across markets
Updated On : 02 Oct 2024 | 11:43 PM IST

Australia leads world market in crypto ATM growth as kiosks pour in

Crypto kiosks dominate the cash-to-crypto industry, which has processed at least $160 million in illicit volumes globally since 2019, according to TRM

Australia leads world market in crypto ATM growth as kiosks pour in
Updated On : 01 Sep 2024 | 8:48 PM IST

Bitcoin touches $65,000 mark on Powell pivot, streak of ETF flows

The largest digital asset rose as much as 1.2 per cent to $65,030 on Monday before dipping back to $63,780 as of 9:19 a.m. in New York

Bitcoin touches $65,000 mark on Powell pivot, streak of ETF flows
Updated On : 26 Aug 2024 | 7:43 PM IST

Capula, Schonfeld, Point72 among hedge funds riding Bitcoin ETFs: Report

Among the most well-known buyers that have emerged are hedge funds like Millennium Management, which held shares in at least five Bitcoin ETFs

Capula, Schonfeld, Point72 among hedge funds riding Bitcoin ETFs: Report
Updated On : 15 Aug 2024 | 11:04 PM IST

Donald Trump's bitcoin stockpile plan stirs debate ahead of US elections

A government bitcoin stockpile could shore up bitcoin's price.

Donald Trump's bitcoin stockpile plan stirs debate ahead of US elections
Updated On : 06 Aug 2024 | 12:24 PM IST

Make Bitcoin great again: Here's what Trump's backing of crypto could mean

His public backing of crypto undoubtedly boosted investor optimism. The price of Bitcoin surged to almost US$70,000 on July 29, its highest level in more than six weeks, before dropping to US$62,000

Make Bitcoin great again: Here's what Trump's backing of crypto could mean
Updated On : 06 Aug 2024 | 10:17 AM IST

WazirX unveils recovery plan after $230 mn cyberattack, seeks user vote

WazirX will socialise the loss and distribute its impact across all the users on the platform

WazirX unveils recovery plan after $230 mn cyberattack, seeks user vote
Updated On : 28 Jul 2024 | 7:19 PM IST

Bitcoin hits $60,000 as Trump shooting boosts re-election odds: Report

Trump's chances of becoming president again increased after today's developments, according to PredictIt data

Bitcoin hits $60,000 as Trump shooting boosts re-election odds: Report
Updated On : 14 Jul 2024 | 10:37 PM IST