Cryptocurrencies

Cryptocurrencies News

How crypto meltdown is bad news for global terrorism
World

How crypto meltdown is bad news for global terrorism

At a time when terrorists had found an easy and untraceable funding network based on cryptocurrencies, the global crypto meltdown comes as bad news for terror organisations

MoS Chandrasekhar on Crypto meltdown: Indian investors saved by govt's prudent guardrails of taxation, exchange control
Business

MoS Chandrasekhar on Crypto meltdown: Indian investors saved by govt's prudent guardrails of taxation, exchange control

Union Minister Rajeev Chandrasekhar took to his Twitter handle and praised Prime Minister Narendra Modi for his ‘foresight’ and saving many Indian investors from going bankrupt

Cryptocurrencies 'clear danger', says RBI Governor Shaktikanta Das
Business

Cryptocurrencies 'clear danger', says RBI Governor Shaktikanta Das

This comes in the backdrop of the government finalising a consultation paper on cryptocurrencies after gathering inputs from various stakeholders and institutions

Explained: 5 Reasons why Bitcoin and other massive cryptocurrencies are crashing so badly
News & Analysis

Explained: 5 Reasons why Bitcoin and other massive cryptocurrencies are crashing so badly

The crash that major cryptocurrencies like Bitcoin and Ethereum have seen in the month of June has been worrisome even for long-term investors. The global crypto-market has shrunk from $1.02 trillion to $983.72 billion, an 11 per cent decrease. We see why the crypto markets have crashed this badly.

Cryptocurrencies are like 'a world of Caribbean pirates' in absence of regulation: Chief Economic Adviser
Business

Cryptocurrencies are like 'a world of Caribbean pirates' in absence of regulation: Chief Economic Adviser

The Reserve Bank, which is planning to launch its own central bank digital currency, has on many occasions expressed its reservation over private cryptocurrencies, citing concerns over macroeconomic stability

What are Non-Fungible Tokens? Here's everything you need to know about NFTs
Business

What are Non-Fungible Tokens? Here's everything you need to know about NFTs

Just like cryptocurrencies, people can buy or sell NFTs on specialised platforms such as Mintable, OpenSea, Nifty Gateway and Rarible. The data of any transaction related to the token is recorded on the blockchain

Chingari to launch IDO of its digital token GARI: All you need to know
Business

Chingari to launch IDO of its digital token GARI: All you need to know

The company is planning to raise $16 million through its three-day IDO from 15 to 18 December

WazirX restored, huge panic selling led cryptocurrency exchange app's crash, says CEO Nischal Shetty
Business

WazirX restored, huge panic selling led cryptocurrency exchange app's crash, says CEO Nischal Shetty

Taking to his Twitter handle, Shetty addressed the new incoming legislation with a hashtag reading #Indiawantscrypto.

Operation Dark HunTOR: Police arrest 150 in joint US-Europe dark web sweep spanning 10 months
World

Operation Dark HunTOR: Police arrest 150 in joint US-Europe dark web sweep spanning 10 months

Europol and US authorities said they had seized tens of millions of euros in cash and virtual currencies besides arresting major counterfeit drug dealers

The Top 10 Cryptocurrencies Everyone Must Know About
Business

The Top 10 Cryptocurrencies Everyone Must Know About

To stay afloat on the cryptocurrency boat, it is necessary to stick to a few tried and tested ones before you begin to look at other relatively unknown cryptocurrencies.

RBI has 'major concerns' about cryptocurrencies, but no change in position, says Shaktikanta Das
Business

RBI has 'major concerns' about cryptocurrencies, but no change in position, says Shaktikanta Das

The RBI governor's clarification on cryptocurrencies comes less than a week after it set aside a 2018 circular banning their trade

Will NFT trend in art prove to be next frontier in trading, or merely a new form of 'tulip mania'?
Arts & Culture

Will NFT trend in art prove to be next frontier in trading, or merely a new form of 'tulip mania'?

Since the 17th century, tulip mania has become a byword for the irrationality of financial bubbles.

Decoding the allure of crypto art: Manufactured scarcity, the social construct of value drive demand for NFTs
Arts & Culture

Decoding the allure of crypto art: Manufactured scarcity, the social construct of value drive demand for NFTs

Some crypto artists, who have felt excluded by the mainstream art world, say they have found more support in the crypto community and can now earn a living making art.

RBI concerned over impact of cryptocurrencies on India's financial stability, says Shaktikanta Das
Business

RBI concerned over impact of cryptocurrencies on India's financial stability, says Shaktikanta Das

The RBI governor said: 'We have certain major concerns about cryptocurrencies. We have communicated them to the government. It is under consideration in the government and I do expect and I think sooner or later the government will take a call and if required Parliament also will consider and decide'

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.