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Tag: Bitcoin

Jack Dorsey
Jack Dorsey Building Open Bitcoin Mining System Amid Climate Threats

Last year, Dorsey announced plans to create a new business focused on building an open developer platform for Bitcoin.

Bitcoin As Currency
No Proposal To Recognise Bitcoin As Currency, Says FM Sitharaman

In the ongoing winter session of Parliament, the Centre aims to table the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, through which it seeks a ban on all private cryptocurrencies

Digital Coins Big Investment Hit In Small-town India?

From gold to crypto, it seems Indians are changing their investment preferences! According to the 2021 Global Crypto Adoption Index by blockchain data platform Chainalysis, India has ranked second, in a poll of nations that use cryptocurrency the most.

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Bitcoin Sets New Record, Price Trades At $19,900
Internet Needs A Native Cryptocurrency Like Bitcoin: Twitter CEO Dorsey

Twitter CEO Jack Dorsey has announced plans to consider making a hardware wallet for Bitcoin for the customers of its digital payments services company Square.

Elon Musk Planning To Create His Own Cryptocurrency
Elon Musk Planning To Create His Own Cryptocurrency!

"Why not just make a crypto from scratch that does everything you want technically and has a lot of dev support and doesn't have high concentration of ownership at least initially?" a user asked Musk on Saturday.

Elon Musk Says Prices 'Seem High' After Bitcoin Hits New High
Elon Musk Says Prices 'Seem High' After Bitcoin Hits New High

San Francisco: Tesla CEO Elon Musk, who has been tweeting on cryptocurrencies with greater frequency for some time now, has said that prices of Bitcoin now “seem high”. His comments came after Bitcoin’s total market value passed $1 trillion for the first time on Friday, according to data from CoinDesk. The leading cryptocurrency reached an […]

Bitcoin Set To Rule 2021 Despite Ups And Downs
Bitcoin Set To Rule 2021 Despite Ups And Downs

New Delhi: The world’s most well-known cryptocurrency Bitcoin has witnessed a sharp rise and fall over a couple of days and on Monday, it fell sharply, losing ground from a record high of $34,800 to almost $30,000, with traders citing volatility in the highly leveraged futures markets. Earlier, the world’s most well-known cryptocurrency smashed through […]

Bitcoin Sets New Record, Price Trades At $19,900
Bitcoin Sets New Record, Price Trades At $19,900

New Delhi: There is good news for bitcoin investors as the leading cryptocurrency rose as high as $19,900, breaking the previous intraday record of $19,783.21 set three years ago, according to data and news provider CoinDesk. Bitcoin breached the record on Monday and year to date, the cryptocyurrency has gained 167 per cent, according to […]

Bitcoin-Crazy Rich Indians Falling Prey To Fake Crypto Wallets

New Delhi: With the Supreme Court striking down the curb on cryptocurrency trade in India in March this year, there has been a surge in Indians investing in Bitcoin and with this, cybercriminals have started mobile-based fake Blockchain-based crypto wallets to lure and con the rich and the wealthy in the country. These Blockchain-based wallets […]

Twitter Hack: 367 Users Lost Over Rs 90 Lakh In Just 2 Hours

New Delhi: As Twitter went through the worst-ever cyber attack on any social media platforms on Thursday, at least 367 users transferred around $1,20,000 (over Rs 90 lakh) to hackers in Bitcoins before the Twitter teams swung into action to stop the cryptocurrency scam that hit several top-notch public profiles. According to the cybersecurity firm […]

Twitter Planning Bitcoin Payments As Tips On Its Platform

New Delhi: Twitter is considering a feature that would allow users to tip one another – in Bitcoins though. The Information reports that the micro-blogging platform is working on implementing a new payment feature to let people send money to each other. It is not yet clear whether the Twitter tipping feature would integrate with […]

No blanket crypto trading ban yet in India

New Delhi: Despite banking restrictions put in place by the Reserve Bank of India, the country has not put any blanket ban on trading in cryptocurrencies yet, the government has clarified. Responding to questions in the Rajya Sabha on whether the government has prohibited cryptocurrency in the country, Minister of State for Finance and Corporate […]

Facebook to launch its cryptocurrency next year: Report

London: Facebook, which owns WhatsApp and Instagram, is gearing up to launch its own cryptocurrency next year, the BBC reported on Friday. Called “GlobalCoin,” the cryptocurrency would work with a new digital payments system in about a dozen countries starting in the first quarter of 2020. Facebook has been in contact with US and British […]

Facebook hiring experts for its Blockchain division

San Francisco: Social-networking giant Facebook is seeking executives to work in its secretive Blockchain division and to work on the company’s own blockchain applications and cryptocurrency. Facebook has listed 22 vacancies on its Careers page for the division including openings for lead commercial counsel, product manager, finance analyst, data engineer and threat investigator among others. […]

Bitcoin fraud reported in Odisha, two held

Bhubaneswar: Amidst the hype surrounding massive returns from crypto digital currency, Commissionerate Police on Monday arrested two persons for duping around Rs 15 lakh from people by luring them to invest in Bitcoins. This is reportedly the first of its kind Bitcoin fraud to be reported in Odisha while further investigation in this connection is […]

Facebook bans cryptocurrency ads on its platforms

San Francisco: Facebook has banned ads that promote initial coin offerings (ICOs), cryptocurrency like Bitcoin and binary options trading from its platforms, including Instagram, Audience Network and Messenger. The new policy prohibits ads that promote financial products and services that are frequently associated with misleading or deceptive promotional practices, Facebook said in a statement late on […]

Can't prevent misuse of Bitcoin by terrorists: Government

New Delhi: There is no mechanism to prevent the misuse of cryptocurrencies such as Bitcoin by terror groups and other anti-national elements, the government said on Tuesday, adding it was awaiting the report of an expert group on the subject. “One of the features of cryptocurrency is that there is lack of dependence on the […]

Bitcoin surges above $14,000 to new high

London: Bitcoin crossed $14,000 on Thursday, surging $2,000 in less than 24 hours, a new record high for the cryptocurrency. Bitcoin began the year below $1,000 but continues its sharp rise despite warnings of a dangerous bubble, reports the BBC. It hit the latest milestone during early trading in Asia, according to the website Coindesk.com. […]

Locky follows path of its predecessor WannaCry, IT Min says beware

Bhubaneswar: While the mastermind behind the WannaCry ransomware is still at large, malware Locky has taken over systems around the world. The virus, like its predecessor, encrypts data of computers, hacks website and demands money through bitcoins to restore the data. Meanwhile, IT Minister Chandra Sarathi Behera has asked to adopt the same preventive measures […]

Technology behind bitcoin may increase government productivity

Sydney: An Australian research indicates blockchain technology — that enables bitcoin — may increase productivity and innovation in government and industry in the future. Blockchain is a type of distributed ledger or decentralised database that keeps records of digital transactions. A distributed ledger has a network of replicated databases, synchronised via the internet and visible to […]