Bitcoins

Bitcoins News

Kolkata: ED conducts raid in E-Nugget gaming app case, freezes Rs 7.12 cr worth Bitcoins, seizes Rs 1.65 cr cash
India

Kolkata: ED conducts raid in E-Nugget gaming app case, freezes Rs 7.12 cr worth Bitcoins, seizes Rs 1.65 cr cash

The accused, Aamir Khan, started the gaming application E-Nuggets and allegedly transferred part of the amount 'illegally earned' through it to overseas locations by using crypto currency exchange

'Speculative': CBI refutes reports claiming FBI team in India to probe 'Bitcoin scam'
India

'Speculative': CBI refutes reports claiming FBI team in India to probe 'Bitcoin scam'

The statement comes after the Congress on Friday asked whether the FBI is in India to investigate an alleged 'Bitcoin scam' which the party had accused the BJP government in Karnataka of covering up last year

Bitcoin evaluation hits all-time high, breaches above $50,000 for first time
World

Bitcoin evaluation hits all-time high, breaches above $50,000 for first time

At that price, with about 18.6 million Bitcoins in circulation, Bitcoin has a market value of nearly $907 billion

Florida teen arrested as mastermind of recent high-profile Twitter breach; to be tried as an adult
World

Florida teen arrested as mastermind of recent high-profile Twitter breach; to be tried as an adult

Graham Ivan Clark, 17, was identified as the mastermind of a scheme that commandeered prominent Twitter accounts and scammed people

Finance Minister Nirmala Sitharaman says will go through Supreme Court order on cryptocurrency
Business

Finance Minister Nirmala Sitharaman says will go through Supreme Court order on cryptocurrency

Finance Minister Nirmala Sitharaman on Wednesday said she will go through the Supreme Court order allowing banks and financial institutions to provide services related to cryptocurrencies

Could climate change be responsible for the next financial crisis? Yes, says a new report
Business

Could climate change be responsible for the next financial crisis? Yes, says a new report

Banks spent last decade pulling out their economies from 2008 financial crisis, might spend next decade dealing with climate change.

Cryptocurrency usage to become mainstream soon; China launching own state-backed digital coins
News & Analysis

Cryptocurrency usage to become mainstream soon; China launching own state-backed digital coins

Just like smartphones quickly eliminated most old cell phones, no countries will be able to reject blockchain payments for long.

Facebook, Google, Amazon and other Big Tech could be forced to share data on fintech services customers
News & Analysis

Facebook, Google, Amazon and other Big Tech could be forced to share data on fintech services customers

The FSB said players including Microsoft, Amazon, eBay, Baidu, Apple, Facebook and Tencent, have massive databases, while some offer asset management, payments and lending.

Case registered against Bitcoin company in Jammu and Kashmir for duping people
News & Analysis

Case registered against Bitcoin company in Jammu and Kashmir for duping people

The complainants invested the Bitcoins, but the company failed to repay what they had promised.

HTC's blockchain-powered phone Exodus is now up for pre-orders at 0.15 Bitcoin
News & Analysis

HTC's blockchain-powered phone Exodus is now up for pre-orders at 0.15 Bitcoin

Customers will have to buy Exodus in cryptocurrency, at 0.15 Bitcoins or 4.78 Etherium.

RBI data localisation norms: A step in the right direction, but shouldn't harm innovation
News & Analysis

RBI data localisation norms: A step in the right direction, but shouldn't harm innovation

Data is the new commodity taking the center stage as an immediate by-product of economic activities.

Reserve Bank of India cracks down on bitcoins, plans to introduce central bank digital currency
Business

Reserve Bank of India cracks down on bitcoins, plans to introduce central bank digital currency

An interdepartmental group has been constituted to study and provide guidance on the "desirability and feasibility" to introduce a "central bank digital currency" and will submit its report by June

Hackers prefer cryptojacking and India is second most attacked nation in Asia-Pacific and Japan region: Symantec Report
News & Analysis

Hackers prefer cryptojacking and India is second most attacked nation in Asia-Pacific and Japan region: Symantec Report

According to Symantec's "Internet Security Threat Report", detection of coin miners on endpoint computers increased by a whopping 8,500 percent in 2017.

HDFC Bank bans the purchase of Bitcoins, cryptocurrencies and virtual currencies through its credit, debit and prepaid cards
News & Analysis

HDFC Bank bans the purchase of Bitcoins, cryptocurrencies and virtual currencies through its credit, debit and prepaid cards

Before HDFC, Citi Bank had banned its customers from buying cryptocurrencies using credit and debit cards in mid-February.

Setback to Bitcoin? Govt sends tax notices to cryptocurrency investors; trading hits $3.5 bn
Business

Setback to Bitcoin? Govt sends tax notices to cryptocurrency investors; trading hits $3.5 bn

Tech-savvy young investors, real estate players and jewelers are among those invested in bitcoin and other virtual currencies

Bitcoin rally: Why the cryptocurrency's crash could be more dramatic than all market falls until now
Business

Bitcoin rally: Why the cryptocurrency's crash could be more dramatic than all market falls until now

It is the anonymity of bitcoins, minted through complex computer algorithms, that has made them so famous, but has also increased the risks

Bitcoins cannot be ignored, govt in talks with RBI, Sebi for to what to do about it: Ajay Tyagi
Business

Bitcoins cannot be ignored, govt in talks with RBI, Sebi for to what to do about it: Ajay Tyagi

On bitcoins, Ajay Tygai said there should not be any regulatory oversights on blockchain technology as it was useful which should be encouraged

Bitcoin cannot be ignored and blockchain technology should be encouraged: SEBI chairman
News & Analysis

Bitcoin cannot be ignored and blockchain technology should be encouraged: SEBI chairman

Currently, bitcoin and any such cryptocurrencies, are not an approved product by the Reserve Bank of India (RBI) or any other regulator.

Bitcoin rally: Sebi to crack down on illicit coin offers, ponzi schemes but not to take on regulator mantle
Business

Bitcoin rally: Sebi to crack down on illicit coin offers, ponzi schemes but not to take on regulator mantle

Sebi is not keen to take on the mantle of a regulator for such 'trading' -- currently being offered on a number of so-called exchanges despite there being no rules in this regard -- as the underlying product