Virtual Currency
Recent Highlights
All Stories for Virtual Currency
SC lifts total ban on cryptocurrency trade; quashes 2018 RBI circular banning banks from providing services
Fp Staff •According to the 6 April 2018 circular, the entities regulated by the RBI are prohibited from "providing any service in relation to virtual currencies.
Cryptocurrency transactions opposed to protect integrity of banking system; no formal ban issued: RBI tells SC
Fp Staff •The RBI said it had not banned cryptocurrencies such as Bitcoin in India, but only ringfenced regulated entities like banks from risks involved in the trading of virtual instruments.
SC to hear final arguments on petitions challenging RBI's ban on cryptocurrency today
Tech2 News Staff •The RBI insists that cryptocurrencies cannot be currently considered valid currency.
Bitcoin mining uses as much energy as the entire country of Denmark: Study
•Hidden environmental cost of mining is rarely measured & conveniently not taken into account: Study.
Ex-employee of cyber surveillance company NSO Group, charged with cyber crimes
•The NSO Group employee has been charged with trying to sell intellectual property for $50 million.
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
WhatsApp Payments: Messaging app may turn heat on mobile wallet players, but game has shifted to value-added deals
Narayanan Madhavan •What Facebook-controlled WhatsApp can do, however, is to possibly look deeper into your behaviour than other mobile wallet players like MobiKwik, PayTm etc
US and UK government websites were infected with cryptomining malware code: Report
•More than 4,200 sites were infected with a malicious version of a widely used tool known as Browsealoud
Despite uncertainty in cryptocurrency, virtual currency and blockchain related job postings sees an increase: Report
•Given its advantages, blockchain development is fast gaining favour for a number of applications ranging from monetary transactions to legal documentation.
Budget 2018: Cryptocurrencies need regulation and shouldn't be curbed, say industry experts
Ians •Bipin Preet Singh, Co-founder of e-wallet MobiKwik, said that "the government should consider regulating cryptocurrencies than curbing their use entirely".