Cryptocurrencies

Bitcoin at 9-month high following SVB, Signature Bank collapse, rose 26% just last week

The collapse of SVB and Signature Bank in the US, and the issues with Credit Suisse in Europe is seeing investors move towards cryptos again, particularly Bitcoin, which grew by 26 per cent just last week and continues to grow.

Crypto rallying: With certain cryptocurrencies gaining steam again, investors turn to smart tokens

Hooked on high growth, some are turning away from the original cryptocurrency - designed as an alternative to regular cash - in favour of its descendants created as native tokens of blockchain platforms that host smart contracts and apps.

Luxury rehab centres now providing therapy for 'crypto addiction': Report

Anna Lembke, a psychiatry professor at Stanford University, told the BBC that the treatment for crypto addiction should start with abstinence and managing withdrawal symptoms, which could incorporate irritability, anxiety, and insomnia.

After FTX crash, ordinary crypto investors left wondering what happens next

Small investors who piled into cryptocurrencies on FTX, BlockFi, and other platforms were well aware of bitcoin's volatility and large price swings. But what has come as a big surprise is that the firms where they deposited their money lacked the basic protections offered by a brokerage or a bank

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

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

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

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

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

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