Page 2 - Crypto Tycoons

2 Indian brothers plead not guilty in crypto insider trading scheme in US

Ishan Wahi, 32, a former product manager at cryptocurrency platform Coinbase, along with his brother Nikhil Wahi, 26, have pleaded not guilty to federal charges of insider trading, the media reported.

At WEF, Indian crypto app CoinSwitch seeks regulatory 'peace, certainty'

CoinSwitch, which is valued at $1.9 billion, says it is the largest crypto company in India with more than 18 million users.

'I'm not a billionaire anymore': Another crypto tycoon sees fortunes sink

Buterin created Ethereum in 2014 and is the owner of a digital wallet that as recently as November contained holdings worth about $1.5 billion

Crypto meltdown deepens as stablecoin Tether drops below dollar peg

HONG KONG / LONDON (Reuters) -The meltdown in TerraUSD, one of the world's largest stablecoins, sent shockwaves through cryptocurrency markets on Thursday, pushing another stablecoin Tether below its dollar peg and sending bitcoin to 16-month lows.

Terra Luna cryptocurrency collapses 98%, investors lose life savings

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 the crypto mayhem.

Crypto billionaires' vast fortunes destroyed in weeks amid global sell-off

Billionaire crypto fortunes that swelled over the last two years are disappearing after a selloff that began with tech stocks spilled over into digital money

Crypto industry urges govt to lower TDS on gains from crypto trading

The crypto industry has urged the government to reduce the TDS on payments towards gains arising from trading in cryptocurrencies to 0.01 or 0.05 per cent, from the proposed 1 per cent

Stablecoin Terra's broken dollar peg hits wider cryptocurrency markets

TerraUSD, the world's fourth-largest stablecoin, lost a third of its value on Tuesday, spooking cryptocurrency investors and partly contributing to bitcoin's tumble below $30,000 for the first time

18% of super-rich Indians invested in cryptos, NFTs last year: Report

In its Wealth Report released on Tuesday, Knight Frank said 18 per cent global UHNWIs now own cryptocurrencies or tokens, and 11 per cent have invested in NFTs (non-fungible tokens)

Amid crypto fall, nearly 30,000 Bitcoin millionaires wiped in last 3 months

The development occurs as the volatile currency witnesses a free fall from $69,000 in November to nearly $36,000 (on Thursday), owing to regulatory scrutiny and geopolitical unrest.

Billionaires are embracing crypto in case money 'goes to hell'

Even as prices swung wildly, investors large and small dived into Bitcoin and Ethereum as well as non-fungible tokens

The year of the Doge? 2021 was cryptocurrency's wildest year yet

Dogecoin, launched in 2013 as a bitcoin spinoff, soared over 12,000 per cent to an all-time high in May before slumping almost 80 per cent by mid-December

Vignesh Sundaresan paid $69.3 mn for an NFT so you can download it for free

Indian cryptocurrency entrepreneur and investor says technology 'can bridge cultures from all over the world'.

'Blitzscaling' in times of uncertainty: Meet Sumit Gupta, CEO, CoinDCX

A large part of the work that Gupta does is focused on educating users and the larger community about investing in cryptocurrencies

India got $1-bn crypto to fight Covid. What happened to the donation?

Between cashing out of an illiquid asset, complying with government regulations and getting the money to the right places, it isn't easy

World's biggest crypto tycoons set to learn how rich they really are

Three of the largest makers of cryptocurrency mining gear -- are all facing the prospect of public-market scrutiny for the first time as they pursue stock listings in Hong Kong