Page 5 - Cryptocurrency

Bitcoin debate heats up over software update to add fresh features

The front-runner in upgrade debate is a program called OP_CAT - a small software tweak that would add about 10 lines to the code that enables linking of two elements together, so-called concatenation

US passes Cryptocurrency Bill despite SEC warning: All you need to know

The US Securities and Exchange Commission has insisted that cryptocurrencies should be subject to the same laws as other assets

Crypto exchange CoinSwitch publishes third edition of proof of reserves

Assets held by PeepalCo, the parent brand of CoinSwitch, are in addition to these funds and are not included in the PoR assessment

Will begin accepting contributions through cryptocurrency: Trump's campaign

Donald Trump 's presidential campaign said Tuesday it would begin accepting donations in cryptocurrency as part of an effort to build what it calls a crypto army leading up to Election Day. The Trump campaign launched a fundraising page that allows any federally permissible donor the ability to give" to its political committees using any crypto asset accepted through the Coinbase cryptocurrency exchange. The announcement promotes Trump's message that he is a crypto-friendly candidate, and also appeals to a core group of young male voters who are increasingly likely to dabble in digital assets. It came as Trump's defense rested in his hush money case in New York. Cryptocurrencies are a digital asset that can be traded over the internet without relying on the global banking system. Trump's campaign is accepting a range of popular cryptocurrencies that include Bitcoin, Ether and US Dollar Coin, and also include the low-value coins that tend to be popular with Internet personalities li

Cryptocurrencies gain as investors turn optimistic on Ether ETFs talks

Ether, which underpins the ethereum blockchain network, was 8% higher on the day at $3,775, its highest in two months, after jumping 13.8% on Tuesday

India's clandestine love affair with crypto

Journalist Mitali Mukherjee's book delves into the connected worlds of cryptocurrency, cybercrime, and the Dark Web, laying out the state-of-the-art in this realm of skulduggery

Crypto companies bank on fair play as Binance logs into FIU-IND

India to have 48 registered crypto entities after KuCoin, Binance register

FIU-India to lift ban on world's largest crypto exchange Binance soon

Director bats for self-regulatory mechanism

FTX files new reorganisation plan, expects $14 bn-$16 bn for distribution

The company said the amended plan focuses on a series of settlements reached consensually with the key stakeholders including cases that are still subject to court approval

Hacker Sriki arrested: The unfolding of Karnataka's 2017 bitcoin scam

Between 2020-2021, Sriki allegedly moved Bitcoins worth Rs 10 crore to different wallets using a laptop that was smuggled into the prison, unleashing the Bitcoin scam

Robinhood Crypto gets Wells notice from US Securities, Exchange Commission

A Wells notice does not necessarily mean that recipients have violated any law. The SEC issues Wells notices to firms when it is planning to bring enforcement action against them

Crypto washout sends Bitcoin below $58,000 ahead of Fed's decision

The value of the world's most traded cryptocurrency fell by nearly 16% in April, as investors booked profits on a sizzling rally that has taken the price to record highs above $70,000

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

ED seizes funds worth Rs 90 crore kept in Binance, ZebPay, WazirX wallets

The Enforcement Directorate on Tuesday said it has taken possession of funds worth Rs 90 crore, kept in cryptocurrency wallets of exchanges like Binance, ZebPay and WazirX, as part of a money laundering investigation linked to an online gaming app "scam". "These crypto assets were subsequently taken into possession and transferred into the crypto wallet of the ED," the federal agency said in a statement. The investigation pertains to an online gaming scam app "scam" called 'E-Nugget' that masqueraded as a gaming platform and "promised" users high returns on their investments. An FIR filed at the Park Street Police Station of Kolkata became the basis of the ED case that was registered under the provisions of the Prevention of Money Laundering Act (PMLA). The app offered a series of enticing games designed for real-money wagering promised users hefty commissions and painted a picture of a "golden investment" opportunity, the ED said. However, this facade quickly fell apart once ...

With ETF demand cooling, Bitcoin faces worst month since FTX crash

The original cryptocurrency is down 14% in April, the most since it slumped 16% in November 2022. The US-ETF induced mania took Bitcoin to a record high of almost $74,000 in March

US prosecutors seek 36 months' jail for Binance founder Changpeng Zhao

Zhao, commonly known as CZ, agreed to pay $50 million and cease involvement with Binance, which he founded in 2017

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 briefly drops below $60,000 ahead of halving software adjustment

The original digital asset fell as much as 5% to $59,888, before paring the decline. Bitcoin has dropped by about 18% since it reached a record $73,797 on March 14

Bitcoin's share of crypto market highest since 2021 partly due to ETFs

Bitcoin and second-ranked Ether jumped on Monday, boosted by indications that asset managers will soon launch Hong Kong-listed ETFs for both tokens

Bitcoin 'halving' will deal a $10 billion revenue blow to crypto miners

"This is the final push for miners to squeeze out as much revenue as they can before their production takes a big hit," said Matthew Kimmell, a digital asset analyst at CoinShares