Cryptocurrencies

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Cryptocurrencies - Total results - 61
Asian Football Confederation says match-fixing has seen sharp decline in last six years, though cryptocurrencies help illicit gambling
Sports

Asian Football Confederation says match-fixing has seen sharp decline in last six years, though cryptocurrencies help illicit gambling

Swiss-based Sportradar has been a key ally in the AFC’s fight against corruption since 2013 and the tie-up will run through to the 2023 AFC Asian Cup in China after being renewed last month

Facebook's Libra is largely untested and has a tough regulatory approach: Report
News & Analysis

Facebook's Libra is largely untested and has a tough regulatory approach: Report

Facebook Libra has a destabilising effect on the global financial system, say critics.

IBM and Tata join governing council of US blockchain platform Hedera Hashgraph
News & Analysis

IBM and Tata join governing council of US blockchain platform Hedera Hashgraph

All members of the Hedera governing council have equal say in approving updates to the platform codebase.

Cryptocurrency still does not have a blanket ban in India but a draft is being worked upon
News & Analysis

Cryptocurrency still does not have a blanket ban in India but a draft is being worked upon

A ban on crypto had come into effect on 6 July last year via a circular issued by the RBI.

Donald Trump not 'a fan of bitcoin', says Facebook will need a new banking charter
News & Analysis

Donald Trump not 'a fan of bitcoin', says Facebook will need a new banking charter

Trump criticized cryptocurrencies and demanded that companies like Facebook seek a banking charter and make themselves subject to the US and global regulations.

Govt. panel looking into pros, cons of introducing an official digital currency in India
News & Analysis

Govt. panel looking into pros, cons of introducing an official digital currency in India

An inter-ministerial committee has been set up to examine the issue of permitting trade in cryptocurrencies.

Iran seizes 1,000 bitcoin mining machines using subsidised power
News & Analysis

Iran seizes 1,000 bitcoin mining machines using subsidised power

The bitcoin mining machines in two factories were spotted after a spike in the consumption of government-subsidised electricity.

China says it wants to ban bitcoin mining as pressure on cryptocurrency grows
News & Analysis

China says it wants to ban bitcoin mining as pressure on cryptocurrency grows

China wants to ban bitcoin mining, according to a draft list of industrial activities.

Nvidia sales forecast tops Wall Street expectations, shares rise by 8 percent
News & Analysis

Nvidia sales forecast tops Wall Street expectations, shares rise by 8 percent

NVIDIA said it expected revenues for its fiscal 2020 year to be “flat or down slightly”.

Facebook appoints new Director of Engineering at its Blockchain division
News & Analysis

Facebook appoints new Director of Engineering at its Blockchain division

Facebook had set up a group within the company to explore blockchain technology

SC upholds RBI circular prohibiting banks and financial institutions from providing services in cryptocurrencies
Business

SC upholds RBI circular prohibiting banks and financial institutions from providing services in cryptocurrencies

Cryptocurrencies are digital currencies, in which encryption techniques are used to regulate the generation of the currency units and verify the transfer of funds, operating independently of a central bank

South Korean cryptocurrency exchange Bithumb hacked; $31.51 million stolen
News & Analysis

South Korean cryptocurrency exchange Bithumb hacked; $31.51 million stolen

Bithumb said it will “make up for the lost cryptocurrencies” with the exchange’s own coins

Enforcement Directorate summons Shilpa Shetty's husband Raj Kundra in connection with 'Bitcoin scam'
Business

Enforcement Directorate summons Shilpa Shetty's husband Raj Kundra in connection with 'Bitcoin scam'

Kundra has reportedly been summoned by ED for his alleged links with fraudster Amit Bhardwaj

RBI's three month deadline for banks to cut ties with cryptocurrencies has shown a sudden surge in trading volumes
News & Analysis

RBI's three month deadline for banks to cut ties with cryptocurrencies has shown a sudden surge in trading volumes

Prices of the volatile bitcoin in India are back up to Rs 6,18,000 ($9,270), recovering from a low of Rs 3,50,001 after the central bank’s announcement

Chinese police confiscate 600 computers which were being used to mine bitcoins
News & Analysis

Chinese police confiscate 600 computers which were being used to mine bitcoins

Miners use high-powered machines to generate the massive computing power to produce cryptocurrencies, which is done by solving mathematical equations.

Traders are exchanging digital currencies such as bitcoin and ether over Skype to avoid online exchanges
News & Analysis

Traders are exchanging digital currencies such as bitcoin and ether over Skype to avoid online exchanges

Some 20 traders and clients have around 5 years spawned an OTC market moving hundreds of millions of dollars of cryptocurrencies daily, mostly via online messaging.

Blockchain technology heralds an 'internet of value'; govt and firms should hop onto the bandwagon: Tapscott
Business

Blockchain technology heralds an 'internet of value'; govt and firms should hop onto the bandwagon: Tapscott

Blockchain technology creates a platform that mirrors all your data and can help you monetise it.

HDFC Bank bars customers from buying Bitcoin, crypto universe not unduly bothered by move
Business

HDFC Bank bars customers from buying Bitcoin, crypto universe not unduly bothered by move

Even as HDFC Bank banned customers from using debit, credit and prepaid cards to purchase cryptocurrencies stakeholders are not unduly bothered by the move

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.

Blockchain technology could be used to prevent scams like the one seen in Punjab National Bank: Data protection expert
News & Analysis

Blockchain technology could be used to prevent scams like the one seen in Punjab National Bank: Data protection expert

The Indian government has sounded an alarm likening cryptocurrencies to Ponzi schemes designed to dupe gullible investors.