Crypto
- Business
International regulation needed for crypto activities, says RBI
New Delhi: Noting that there is turmoil in crypto assets market, the Reserve Bank of India (RBI) has suggested a framework for international regulation of such crypto activities. In it’s financial stability…
- Technology
Jal Shakti Ministry’s Twitter hacked again, posts crypto scam with Musk image: Researcher
New Delhi: A cyber-security researcher has claimed that the Twitter handle of Ministry of Jal Shakti (Water Resources) was hacked briefly early on Wednesday morning, promoting a fake Tesla and Twitter cryptocurrency…
- Business
Private cryptos will trigger next financial crisis if allowed to grow: RBI Governor
New Delhi: As millions of investors face uncertainty in global crypto meltdown, the Reserve Bank of India (RBI) Governor Shaktikanta Das said on Wednesday that the next financial crisis will come from…
- Business
Only 2% of cryptocurrencies have a ‘healthy’ liquidity, finds study
New Delhi: As major crypto exchanges like FTX go bankrupt amid high volatility, almost 90 per cent of cryptocurrencies have a low trading volume, with just 2 per cent of crypto coins…
- Business
Microsoft bans crypto mining to protect its cloud service customers
San Francisco: Microsoft has banned cryptocurrency mining from its online services to protect all of its cloud customers, media reports said. Microsoft’s Summary of Changes to the license states: “Updated Acceptable Use…
- Technology
Binance CEO says deposits returning after mega $1.14 bn withdrawals
New Delhi: Amid the FTX collapse saga, customers withdrew $1.14 billion in just 12 hours from leading crypto exchange Binance and according to its CEO, the massive withdrawals were “handled with ease”…
- Business
After FTX, now crypto finance firm BlockFi files for bankruptcy
New Delhi: Crypto finance firm BlockFi has filed for bankruptcy to help “stabilise its business,” as investors are yet to recover from the fall of crypto exchange FTX. BlockFi and eight of…
- Technology
Crypto entrepreneurs fail to get response from Musk with $600,000 Goat statue
San Francisco: After spending more than $600,000 creating a 30-foot-long, 12,000-pound metal sculpture of Elon Musk headed goat riding a rocket, the cryptocurrency entrepreneurs failed to get the response from the billionaire…
- Business
FTX collateral crashed down to $8 bn from $60 bn as CEO ‘froze up in face of pressure’
San Francisco: Sam Bankman-Fried (SBF), founder of bankrupt crypto exchange FTX and trading house Alameda Research, “froze up in the face of pressure” as his company collapsed, bringing its collateral down to…
- Technology
Fired by Twitter, prankster Rahul Ligma now sacked by crypto exchange FTX
New Delhi: There is no stopping prankster Rahul Lingma, who became a social media sensation after posing as a fired Twitter employee in front of its headquarters in the US. Ligma is…
- Business
Crypto exchange Coinbase to lay off more employees amid FTX saga
San Francisco: Leading crypto exchange Coinbase will lay off more employees soon in a fresh round of job cuts, as the world of crypto faces another existential threat after the FTX collapse,…
- Technology
Crypto.com labels mass layoff reports as ‘inaccurate’
Sydney: Cryptocurrency exchange Crypto.com has said that the report suggesting that it laid off over 2,000 of its employees was “incorrect”, media reports say. According to Tech in Asia, the cryptocurrency exchange…
- Technology
51% of daily Bitcoin volume on crypto exchanges fake: Report
New Delhi: More than 51 per cent of the total Bitcoin trading volume on various crypto exchanges this year is fake amid volatile global economic conditions, a new report has claimed. Bitcoin…
- Technology
8 US states sue crypto platform Nexo for lying to investors
New York: Cryptocurrency platform Nexo has been sued by New York, California and six other state regulators for failing to register with the state as securities and commodities brokers or dealers and…
- Technology
Hacked verified Twitter accounts hit Elon Musk with crypto spams
New Delhi: Elon Musk on Monday was spammed by hacked verified accounts along with non-verified accounts sharing links to crypto scams, as he shared an update about Tesla’s latest version of full…
