Crypto
- Business
ED freeze on Rs 370 cr bank assets ‘unfortunate’: Crypto firm Vauld
New Delhi: A day after the Enforcement Directorate (ED) froze crypto lending platform Vauld’s bank assets worth Rs 370 crore over its “predatory lending practices”, the company on Saturday termed the action…
- Business
Singapore-based crypto lender Hodlnaut freezes withdrawals, deposits
Singapore: Cryptocurrency lender Hodlnaut has announced to freeze withdrawals, token swaps and deposits amid the harsh crypto winter. The company has also informed the Monetary Authority of Singapore (MAS) to withdraw its…
- Business
Top crypto exchange Blockchain.com cuts 25% of its workforce
New Delhi: Leading cryptocurrency exchange Blockchain.com has laid off 25 percent of its workforce, nearly 150 employees, amid the global economic meltdown. The digital assets trading firm said it will shut its…
- Technology
Founders of crypto hedge fund Three Arrows Capital go missing
San Francisco: The founders of bankrupt cryptocurrency hedge fund Three Arrows Capital (3AC) have vanished and the officials charged with liquidating the company were looking for their whereabouts. The mega fund, founded…
- Technology
Americans lost $185 mn to crypto romance scams in just 3 months
San Francisco: People lost crypto worth over $185 million in the US via romance scams in the first quarter this year, as fraudsters use new means to rob their victims, with romance…
- Technology
Crypto lending platform Celsius lays off 150 employees
New Delhi: Cryptocurrency lending platform Celsius has laid off 150 employees which is a quarter of its workforce, as the global crypto market goes through its worst meltdown. The platform last month…
- 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…
- India
Indian investors lost Rs 1,000 cr to fake crypto exchanges: Report
New Delhi: Fake cryptocurrency exchanges have duped Indian investors of more than $128 million (nearly Rs 1,000 crore) as the global crypto market tanks, a new report claimed on Tuesday. Cyber-security company…
- 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
We are creating a simplified investing ecosystem: Crypto unicorn CoinSwitch
New Delhi: Crypto is an emerging yet attractive asset class. It is a $1.25 trillion market globally. The India adoption story is no different with nearly 20 million unique users, over $6.6…
- Technology
Govts, companies own 8% of all Bitcoin worth $46 bn in the world
New Delhi: The governments and companies own close to 8 per cent of all Bitcoin in the world, roughly 1.6 million Bitcoin (BTC) worth $45.8 billion, and Bulgaria is the major holder…
- Technology
Hackers hit top crypto data websites amid crypto meltdown
New Delhi: As the crypto market suffered a meltdown, several top crypto data websites were hit by cyber attacks where a malicious pop-up prompted users to connect their crypto wallets. Crypto data…
- Technology
Twitteratis urge Coinbase users to transfer crypto into hardware wallets
New Delhi: Coinbase warned that in the unlikely event of bankruptcy, it may absorb its users’ cryptocurrency as property. Some cryptocurrency observers were alarmed by the acknowledgement because it appeared to contradict…
- Technology
Nvidia fined $5.5 mn over crypto mining disclosures in US
San Francisco: US-based chipmaker Nvidia will reportedly pay $5.5 million to settle charges that it unlawfully obscured how many of its graphics cards were sold to cryptocurrency miners. The US Securities and…
- Technology
NFT sales plummet 92%, several art owners lose money
New Delhi: In what could dampen the mood of crypto lovers, sales of non-fungible tokens (NFTs) have fallen a massive 92 per cent since September last year, shows data from popular website…
