Business Standard

Page 9 - Cryptocurrency

Crypto wrap: Bitcoin gains on Argentina's endorsement, ETF anticipation

Experts suggest that Bitcoin may soon reach the $48,000 level if the momentum persists

Crypto wrap: Bitcoin gains on Argentina's endorsement, ETF anticipation
Updated On : 22 Dec 2023 | 5:01 PM IST

Bitcoin gains acceptance

India needs clear rules on cryptos

Bitcoin gains acceptance
Updated On : 17 Dec 2023 | 10:53 PM IST

Crypto wrap: US Fed's commentary on rate cuts in 2024 keeps market volatile

Cryptocurrency news: The outlook for 2024 continues to remain positive, mainly on the back of Bitcoin ETFs

Crypto wrap: US Fed's commentary on rate cuts in 2024 keeps market volatile
Updated On : 15 Dec 2023 | 5:04 PM IST
Updated On : 15 Dec 2023 | 12:10 AM IST

Nasdaq planning to repurpose technology from curtailed crypto foray

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

Nasdaq planning to repurpose technology from curtailed crypto foray
Updated On : 13 Dec 2023 | 11:53 PM IST

This asset has beaten others hands down in 2023 with a rise of 165%

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

This asset has beaten others hands down in 2023 with a rise of 165%
Updated On : 12 Dec 2023 | 10:52 PM IST

Hackers stole about $1.7 billion this year from crypto projects: Report

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

Hackers stole about $1.7 billion this year from crypto projects: Report
Updated On : 12 Dec 2023 | 10:25 PM IST

CoinSwitch unveils umbrella brand PeepalCo; aims for wealth-tech expansion

The company said the leaders of each business segment will have independent operational and financial accountability

CoinSwitch unveils umbrella brand PeepalCo; aims for wealth-tech expansion
Updated On : 12 Dec 2023 | 4:44 PM IST

Crypto market eyes interest rates, expected bitcoin ETFs in 2024: Report

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

Crypto market eyes interest rates, expected bitcoin ETFs in 2024: Report
Updated On : 11 Dec 2023 | 5:49 PM IST

HTX theft: Crypto exchange suffers a $258 million net outflow after hack

HTX said it lost $30 million worth of crypto tokens in the breach and temporarily suspended withdrawals and deposits following the attack

HTX theft: Crypto exchange suffers a $258 million net outflow after hack
Updated On : 11 Dec 2023 | 4:02 PM IST

Crypto wrap: Cryptocurrency in Parliament; Bitcoin's surge to 18-month high

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

Crypto wrap: Cryptocurrency in Parliament; Bitcoin's surge to 18-month high
Updated On : 08 Dec 2023 | 5:13 PM IST

Bitcoin breaches $44,000 mark, now on the same level as in March 2022

According to experts, the current rally comes in the backdrop of optimism around Bitcoin exchange-traded funds

Bitcoin breaches $44,000 mark, now on the same level as in March 2022
Updated On : 06 Dec 2023 | 4:33 PM IST

28 crypto, VDA platforms register with FIU-India to comply with PMLA norms

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 .

28 crypto, VDA platforms register with FIU-India to comply with PMLA norms
Updated On : 05 Dec 2023 | 12:04 AM IST

Bitcoin hits $40,000 for the first time since May 2022 on rate reductions

The crypto industry is also awaiting the outcome of applications from the likes of BlackRock Inc. to start the first US spot Bitcoin ETFs

Bitcoin hits $40,000 for the first time since May 2022 on rate reductions
Updated On : 04 Dec 2023 | 9:16 AM IST

TMS Ep574: Crypto exchanges, Hardik Pandya and IPL, auto stocks

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

TMS Ep574: Crypto exchanges, Hardik Pandya and IPL, auto stocks
Updated On : 02 Dec 2023 | 12:29 AM IST

TMS Ep574: Crypto exchanges, Hardik Pandya and IPL, auto stocks

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

TMS Ep574: Crypto exchanges, Hardik Pandya and IPL, auto stocks
Updated On : 01 Dec 2023 | 3:04 AM IST

Rs 2,500 cr crypto scam: Kingpin Subhash Sharma hiding in UAE, says SIT

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

Rs 2,500 cr crypto scam: Kingpin Subhash Sharma hiding in UAE, says SIT
Updated On : 25 Nov 2023 | 10:08 PM IST

Crypto wrap: Market recovers after Binance CEO Changpeng Zhao's resignation

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

Crypto wrap: Market recovers after Binance CEO Changpeng Zhao's resignation
Updated On : 24 Nov 2023 | 6:01 PM IST

What are cryptocurrency exchanges and how do they work? All details here

The crypto market is expected to reach $4.94 billion by 2030, and there is an estimated more than 600 crypto exchanges worldwide

What are cryptocurrency exchanges and how do they work? All details here
Updated On : 24 Nov 2023 | 12:00 PM IST

Mumbai Airport gets 'email threat' to blow up T2, demands $1 mn in Bitcoin

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 .

Mumbai Airport gets 'email threat' to blow up T2, demands $1 mn in Bitcoin
Updated On : 24 Nov 2023 | 7:27 AM IST