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Tag: Cryptocurrency

Now Buy, Sell Bitcoins Via UPI In Indian Currency On Unocoin
Now Buy, Sell Bitcoins Via UPI In Indian Currency On Unocoin

Started in 2013, Unocoin operates India's largest BTC-INR trading platform which enables people to buy, sell, store, use and accept Bitcoin.

Cryptocurrency Hyper Fund Under Govt Scanner

Hyper Fund, a DEFI by Hyper Tech Group has come under the radar recently. The Group claims to have launched the Hyper Fund to provide a decentralized financial infrastructure

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.

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.

Cryptocurrency Exchange CoinDCX Raises Rs 100 Cr
India Needs Its Own Crypto Unicorns: Experts

"India needs its own crypto unicorns and better regulations and for this, we must encourage our entrepreneurs to build for crypto"

'Brilliant' Indian Origin Cryptocurrency Expert Found Dead In New York River

New York: The body of a “brilliant” Indian origin cryptocurrency expert has been found floating in the Hudson River in this city, according to media reports. Shuvro Biswas, 31, was…

RBI Flags Major Concerns Over Cryptocurrency
RBI Flags Major Concerns Over Cryptocurrency

New Delhi: Reserve Bank of India Governor Shaktikanta Das on Thursday said that the central bank has flagged major concerns over cryptocurrency to the government. Speaking at the Times Network India Economic Conclave, the Governor said that digital currency is one thing and the cryptocurrencies which are being traded in the market is something else. […]

FM Sitharaman's Comment On Cryptocurrency Brings Relief To Industry
FM Sitharaman's Comment On Cryptocurrency Brings Relief To Industry

New Delhi: With Union Finance Minister Nirmala Sitharaman saying that all windows on cryptocurrencies will not be closed down, industry stakeholders on Monday said that a positive move at this point can unleash a host of opportunities for the country. Her comments at an India Today conclave last week came amid speculation that the government […]

Official Digital Currency, Other Crypto Assets Can Coexist: IAMAI
Official Digital Currency, Other Crypto Assets Can Coexist: IAMAI

Mumbai: With the government planning to introduce an official digital currency, industry body Internet and Mobile Association of India (IAMAI) on Monday said that the move need not necessarily lead to a “ban” on other crypto assets. Fiat digital currency serves a totally different purpose than the other crypto currencies in India and both of […]

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 […]

Cryptocurrency Exchange CoinDCX Raises Rs 100 Cr
Cryptocurrency Exchange CoinDCX Raises Rs 100 Cr

New Delhi: Cryptocurrency exchange CoinDCX on Tuesday said it raised Rs 100 crore ($13.9 million) in its series B round led by Block.one. The funding round also saw the participation of DG, Jump Capital, Uncorrelated Ventures, Coinbase Ventures, Polychain Capital, Mehta Ventures and Alex Pack, CoinDCX said. This makes for the third round of funding […]

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 […]

Facebook Libra's First Digital Coin To Launch In January
Facebook Libra's First Digital Coin To Launch In January

New Delhi: The Libra Association, which manages Facebook’s cryptocurrency project, will launch a single coin backed by one dollar as early as January, The Financial Times reported on Friday. The Libra Association would launch other currencies and a “digital composite” of all of its coins at a later date. However, according to critics, moving 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 Says ‘Phone Spear Phishing Attack’ Led To High-Profile Hacks

San Francisco: The massive Twitter hack earlier this month that spread a cryptocurrency scam by hijacking accounts of high-profile celebrities, politicians and businesses was a result of a phone spear phishing attack, the social media platform has revealed. “A successful attack required the attackers to obtain access to both our internal network as well as […]

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 […]

France to block Facebook's Libra cryptocurrency

Paris: French Finance Minister Bruno Le Maire on Thursday said the country cannot authorise the development of Facebook’s proposed Libra cryptocurrency on European soil as it threatens the “monetary sovereignty” of governments. Le Maire also cited the potential for abuse of market dominance as well as systemic financial risks as the reason why the cryptocurrency […]

Hackers earned $21mn in last 12 months via bug bounty

Singapore: Hackers earned $21 million in the last 12 months reporting vulnerabilities via various bug bounty opportunities as governments’ efforts to fix malware increased a whopping 214 per cent globally, a new report said on Friday. Six hackers surpassed $1 million in lifetime earnings, seven more hit $500,000 in lifetime earnings and more than 50 […]

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 […]

Tech giants to face US hearings on anti-trust, cryptocurrency

Washington: Apple, Google, Amazon and Facebook are set to face two US House hearings on anti-trust issues and Facebook’s planned cryptocurrency Libra. On Tuesday, the House Committee on Judiciary will discuss anti-trust issues while the Senate Banking Committee will discuss Facebook’s digital currency ‘Libra’ that is slated to arrive in 2020, CNET reported on Sunday. […]

FB accused of copying Calibra logo from online bank

San Francisco: Social networking giant Facebook has been accused of using a logo for its new cryptocurrency play, similar to the logo of an online banking company called ‘Current’. Earlier this week, Facebook announced its own global digital coin called ‘Libra’, to be managed by a governing body called the Libra Association. Calibra is the […]

Facebook may introduce its cryptocurrency in June

San Francisco: Facebook may finally launch its long-rumoured cryptocurrency later in June. The cryptocurrency, under Facebook’s “Project Libra”, is reportedly aimed at allowing Facebook’s global users to transfer money across borders and to make online purchases. With its cryptocurrency, the social networking giant is planning to include bonuses for merchants that adopt it. Infact, employees […]

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. […]