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Page 10 - Cryptocurrencies

Amid FTX collapse, Hong Kong-based crypto exchange suspends withdrawals

Hong Kong-based crypto exchange AAX has suspended withdrawals, citing the "failure of our third-party partner", which caused some users' balance data to be improperly recorded while

Amid FTX collapse, Hong Kong-based crypto exchange suspends withdrawals
Updated On : 14 Nov 2022 | 2:30 PM IST

Binance-FTX saga deepens crypto investors' fears, Bitcoin near two-year low

With the fall deepening, experts said that the markets may not reach the November 2021 level anytime soon

Binance-FTX saga deepens crypto investors' fears, Bitcoin near two-year low
Updated On : 14 Nov 2022 | 12:37 PM IST

I hope to attract a bunch of interns from IIT-Bombay: Binance's Rohit Wad

Binance's Chief Technology Officer Rohit Wad talks to with Shivani Shinde about hiring more interns from India, making crypto easy to use and ensuring regulatory compliance

I hope to attract a bunch of interns from IIT-Bombay: Binance's Rohit Wad
Updated On : 13 Nov 2022 | 6:18 PM IST

Collapsed FTX hit by rogue transactions, analysts saw over $600 mn outflows

HONG KONG/SINGAPORE/LONDON (Reuters) - Crypto exchange FTX was engulfed in further chaos on Saturday when the company said it had detected unauthorized transactions and analysts flagged that millions of dollars of assets had been moved from the platform in "suspicious circumstances".

Collapsed FTX hit by rogue transactions, analysts saw over $600 mn outflows
Updated On : 12 Nov 2022 | 10:05 PM IST

Bankrupt FTX hit by mysterious outflow of about $662 mn in past 24 hours

It's unclear exactly who's making the transactions, but you wouldn't expect to see these on-chain trades at this time: Alex Svanevik, chief executive officer at Nansen

Bankrupt FTX hit by mysterious outflow of about $662 mn in past 24 hours
Updated On : 12 Nov 2022 | 2:26 PM IST

White House monitoring FTX collapse, calls for crypto industry regulation

The collapse this week of FTX dealt another blow to the cryptocurrency industry, which has seen severe volatility and bankruptcies of other high-profile firms, including Celsius Network Ltd

White House monitoring FTX collapse, calls for crypto industry regulation
Updated On : 12 Nov 2022 | 11:21 AM IST

Crypto's most urgent question: Where will FTX's aftershock be felt?

From blue-chip venture investors to celebrity endorsements, from Silicon Valley to Washington, from lenders to yield farmers and market makers, the three-year-old firm cut a wide swath through online

Crypto's most urgent question: Where will FTX's aftershock be felt?
Updated On : 12 Nov 2022 | 7:46 AM IST

Sam Bankman-Fried: 'Crypto genius' who lost $14.5 billion in a single day

Bankman-Fried vanished from the Bloomberg Billionaires Index after his net worth just vaporised, falling 94% in a single day

Sam Bankman-Fried: 'Crypto genius' who lost $14.5 billion in a single day
Updated On : 11 Nov 2022 | 10:10 PM IST

Crypto wrap: Amid a volatile week, experts want regulators to collaborate

On Friday, the crypto market cap was above $871 billion with Bitcoin trading at $17,301 and Ethereum at $1,271

Crypto wrap: Amid a volatile week, experts want regulators to collaborate
Updated On : 11 Nov 2022 | 8:33 PM IST

Need high regulatory standard globally to deal with crypto risks: Yellen

US Treasury Secretary Janet Yellen on Friday said there is a need for a high regulatory standard globally to deal with risks related to cryptocurrencies. The United States has made a good deal of progress at least in dealing with the issues of illicit finance in connection with cryptocurrencies, she said here. She was participating in a roundtable interaction on India-US Business & Economic Opportunities with top business leaders and eminent economists from both the countries. "We need a high regulatory standard globally, we need to take steps to reduce the cost of cross-border payments and we are very actively working in the context of financial stability with Financial Action Task Force and multilateral banks like IMF to really address on global basis the risks and some of the benefits from cryptocurrencies," she said. International collaboration is really important among public authorities, private sector and other stakeholders, she added Finance Minister Nirmala Sitharaman has

Need high regulatory standard globally to deal with crypto risks: Yellen
Updated On : 11 Nov 2022 | 8:32 PM IST

Amid Binance-FTX deal fallout, calls for 'proof of reserve' grow louder

Binance CEO Changpeng Zhao recently announced that the largest crypto exchange in the world will start Merkle-tree proof of reserve soon

Amid Binance-FTX deal fallout, calls for 'proof of reserve' grow louder
Updated On : 10 Nov 2022 | 8:03 PM IST

How Binance, FTX deal rocked the Crypto world and later collapsed

On Tuesday, the world's biggest exchange, Binance Holdings Ltd., was set to acquire troubled rival FTX.com. On Wednesday, Binance walked away from the deal citing problems with FTX's finances

How Binance, FTX deal rocked the Crypto world and later collapsed
Updated On : 10 Nov 2022 | 8:11 AM IST

Cryptoverse: Dogecoin's price double abfter Elon Musk acquired Twitter

Dogecoin's price doubled after the Tesla tycoon completed the $44 billion deal. It was trading at about $0.07 on Oct. 27 before Musk tweeted "the bird is freed" to announce his ownership

Cryptoverse: Dogecoin's price double abfter Elon Musk acquired Twitter
Updated On : 08 Nov 2022 | 7:24 PM IST

India's taxes on crypto transactions may 'kill the industry': Binance CEO

Binance Holding CEO Zhao "CZ" Changpeng said India's onerous taxes on cryptocurrency transactions will probably "kill the industry"

India's taxes on crypto transactions may 'kill the industry': Binance CEO
Updated On : 03 Nov 2022 | 5:52 PM IST

FM Sitharaman lists climate finance, crypto regulation as key G-20 agenda

Nirmala Sitharaman says India will push for the voice of developing and low-income nations

FM Sitharaman lists climate finance, crypto regulation as key G-20 agenda
Updated On : 01 Nov 2022 | 11:27 PM IST

What is cryptocurrency mining?

Companies take the primary market route to raise funds. And, in the process, new securities are created. But, ever wondered how new cryptocurrencies are generated? We answer this in this segment

What is cryptocurrency mining?
Updated On : 01 Nov 2022 | 8:23 AM IST

Musk's favourite crypto doubles in value, skeptics issue warning

Dogecoin's rally brings focus back on cryptocurrency regulations and decentralised finance networks

Musk's favourite crypto doubles in value, skeptics issue warning
Updated On : 31 Oct 2022 | 4:08 PM IST

Crypto exchange Binance creating team to help Twitter with things like bots

The world's largest crypto exchange appears to be seeking an active role in how Twitter is run

Crypto exchange Binance creating team to help Twitter with things like bots
Updated On : 29 Oct 2022 | 1:37 PM IST

CBIC seeks details on digital assets from India's top crypto bourses

Crypto exchanges have been asked to furnish details this month itself

CBIC seeks details on digital assets from India's top crypto bourses
Updated On : 28 Oct 2022 | 10:35 PM IST