Experts suggest that Bitcoin may soon reach the $48,000 level if the momentum persists
India needs clear rules on cryptos
Cryptocurrency news: The outlook for 2024 continues to remain positive, mainly on the back of Bitcoin ETFs
Says adequate legal frameworks needed
Nasdaq and other mainstream financial firms pulled back on their ambitions in digital assets as regulators seek to isolate the US financial system from cryptocurrencies
A positive for Bitcoin over the next few months is the expectation that the BlackRock application to launch a Bitcoin spot ETF is likely to be approved soon
Infrastructure attacks - such as private-key theft that gives hackers access to a crypto project's servers to steal funds or manipulate trades - contributed to nearly 60% of the total stolen this year
The company said the leaders of each business segment will have independent operational and financial accountability
The price of bitcoin, the biggest cryptocurrency and the market's chief barometer, has more than doubled this year, reaching a 20-month high in November of $42,000 per token
HTX said it lost $30 million worth of crypto tokens in the breach and temporarily suspended withdrawals and deposits following the attack
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
According to experts, the current rally comes in the backdrop of optimism around Bitcoin exchange-traded funds
As many as 28 Virtual Digital Assets (VDA) service providers, including WazirX, Coin DCX and Coinswitch, have registered themselves with the Financial Intelligence Unit-India (FIU-IND), Finance Ministry said on Monday. The Finance Ministry in March had said entities dealing in VDAs, crypto exchanges and intermediaries would be considered "reporting entity" under the Prevention of money laundering Act (PMLA). Accordingly, crypto exchanges and intermediaries dealing with VDAs were required to perform KYC of their clients and users of the platform. To a question on whether these guidelines and reporting requirements are applicable to Offshore Crypto Exchanges servicing the Indian market, Minister of State for Finance Pankaj Chaudhary replied in the affirmative. "The guidelines and reporting requirements are applicable to offshore crypto exchanges servicing the Indian Market. The process of registration for the said VDA service providers has been initiated," Chaudhary said in the Lok .
The crypto industry is also awaiting the outcome of applications from the likes of BlackRock Inc. to start the first US spot Bitcoin ETFs
Are crypto exchanges proving sceptics right? What is the importance of being Hardik Pandya? Is it time to sell passenger vehicle stocks? What are crypto exchanges and how do they work? Answers here
Are crypto exchanges proving sceptics right? What is the importance of being Hardik Pandya? Is it time to sell passenger vehicle stocks? What are crypto exchanges and how do they work? Answers here
The special investigation team (SIT) probing the Rs 2,500-crore cryptocurrency scam would approach the competent court on November 28 to seek a warrant for the extradition of fugitive kingpin Subhash Sharma from UAE, officials said on Saturday. The kingpin of the scam Subhash Sharma from Sarkaghat in Himachal Pradesh's Mandi district is still at large and as per our information, he is hiding in UAE. Efforts are underway to bring him back, Deputy Inspector General of Police (DIG) northern range, Abhishek Dhullar, who is heading the SIT, told PTI. The multi-crore cryptocurrency ponzi scam started in 2018. The investors smelled something fishy when they stopped getting returns during the Covid pandemic when most business activities came to a halt. Later when they asked the accused about their pending returns, they realised they had fallen into a trap and were threatened to keep shut, the police said. The fraudsters threatened the victims that they would lose all their invested money i
The market also showed optimism as many believe the settlement of the Binance case has now cleared the decks for the US SEC to finally approve a spot bitcoin ETF
The crypto market is expected to reach $4.94 billion by 2030, and there is an estimated more than 600 crypto exchanges worldwide
The Mumbai International Airport on Thursday received a "threat" email to blow up its Terminal 2, police said.The sender of the email has demanded USD 1 million in Bitcoin within 48 hours to avert the blast."Sahar police have registered a case against an unknown person for sending the threat mail using the email id-quaidacasrol@gmail.com," Mumbai police said.According to the police, the mail was sent to the feedback inbox of the Mumbai International Airport Limited (MIAL) at around 11 am on Thursday.The threat mail read: "Subject: Blast. Text: This is a final warning to your airport. We will blast Terminal 2 within 48 hours unless one million dollars in Bitcoin is transferred to the address. Another alert will be after 24 Hrs."A case under the Indian Penal Code sections 385 (putting a person in fear of injury to commit extortion) and 505 (1) (b) (statements made with intent to cause fear or alarm to the public or against the public tranquillity) has been registered against an unknown .