Bitcoin
- Business
Bitcoin plunges below $20K, may reach $10K level this year
New Delhi: After showing some stabilisation in the last few weeks, world’s largest cryptocurrency Bitcoin has plunged once again below $20,000 after Federal Reserve Chair Jerome Powell’s keynote address. Bitcoin initially showed…
- India
Abductors take Rs 1.3 cr ransom in bitcoins from UP bizman
Lucknow: In a first-of-its-kind crime reported in the state capital, three persons, who had held a real-estate businessman captive, used cryptocurrency to take a ransom of Rs 1.3 crore in bitcoins before…
- Kashmir
Bitcoin channel used to push money into J-K to fund terror activities, says SIA
Srinagar: The State Investigation Agency (SIA) of J-K Police on Wednesday conducted raids at multiple locations in the union territory as part of investigations into the use of Bitcoin channel for funding…
- Business
Tesla reveals $170 mn loss from $1.5 bn Bitcoin investment
San Francisco: Elon Musk-run Tesla on Monday revealed it incurred $170 million loss from its Bitcoin investments in the first six months of the year. Tesla revealed last week that it has…
- Technology
Bitcoin may hit record-low of $10K per digital coin soon
New Delhi: As Bitcoin hovers below $20,000 per digital coin, industry experts fear that the leading cryptocurrency may tumble to $10,000 soon. Bitcoin, already down nearly 70 per cent from its record-high…
- World
US charges South African firm, CEO with $1.7 bn Bitcoin fraud
Washington: The US Commodity Futures Trading Commission (CFTC) has filed a civil enforcement action against a South African company and its CEO for running a fraudulent commodity pool worth over $1.7 billion…
- Technology
Bitcoin investor Roger Ver owns us $47 mn: CoinFlex CEO
San Francisco: Cryptocurrency exchange CoinFlex’s CEO Mark Lamb has revealed that early Bitcoin investor Roger Ver owns them $47 million and this is why the platform has frozen crypto withdrawals for its…
- Technology
Bitcoin heading to zero, China warns investors
Beijing: As cryptocurrencies reel under the global downturn, Chinese state-run newspaper Economic Daily has warned investors that the price of leading cryptocurrency Bitcoin is “heading to zero”. The warning came as the…
- Technology
Bitcoin trading platform Bitpanda lays off 250 employees
New Delhi: Global Bitcoin trading platform Bitpanda has laid off 250 employees amid the crypto winter as digital coins crash. Billionaire entrepreneur Peter Thiel-backed Bitpanda announced that it would be reducing its…
- Business
Electricity used to mine bitcoin decreased sharply as crypto crisis widens
London: The amount of electricity consumed by the largest cryptocurrency networks has decreased by up to 50 percent as the “crypto winter” continues to eat at the incomes of “miners” and financial…
- Technology
Bitcoin surges past $20K, Ethereum crosses $1,100 per coin
New Delhi: After witnessing free fall for weeks, Bitcoin finally managed to rebound past $20,000 per digital coin on Monday, around 16 per cent gain over the weekend. The rally came after…
- Business
Bitcoin falls below $18K, Ethereum down 80% in freezing crypto winter
New Delhi: Leading cryptocurrency Bitcoin dropped below $18,000 per digital coin on Sunday — a massive over 70 per cent drop from its record high of $68,000 in November last year —…
- Business
End of the crypto craze? Indian investors wary as mega sell-off continues
New Delhi: As foreign portfolio investors continue to pull out money from the Indian equity market, the sell-off in the crypto market and the digital asset space has also accelerated in the…
- Technology
India’s biggest crypto ponzi scam may grow to Rs 1 tn, affecting 1 lakh people
New Delhi: The sheer size of the GainBitcoin scam that rocked the nation some time back is turning out to be way bigger than thought, with reports suggesting that around 1 lakh…
- Business
Bitcoin, Ethereum crash to record low amid crypto winter
New Delhi: The crypto winter hammered cryptocurrencies on Monday as the price of a single Bitcoin fell sharply to around $25,600, an 18-month low. The world’s largest cryptocurrency further tanked 7 per…
