Tag: Cryptocurrency

Here's why WikiLeaks can't convert its cryptocurrency into money

San Francisco: Cryptocurrency marketplace Coinbase has shut the account of whistleblowing website WikiLeaks’ Shop for allegedly violating its terms of service — which means it cannot convert payments like bitcoin into conventional money. According to a report on tech website Engadget, Coinbase did not give a specific reason but it pointed to its legal requirement to […]

  • Wednesday, 07 July 2021
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 […]

  • Wednesday, 07 July 2021
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. […]

  • Tuesday, 06 July 2021
Not just "WannaCrypt,' a cryptocurrency attack is generating digital cash fast

San Francisco: As the world gets together to contain “WannaCrypt” ransomeware attack that exploited a vulnerability in a Microsoft software, the same Windows vulnerability (MS17-010) has been exploited to spread another type of virus that is fast generating digital cash from machines it has infected. According to a report in The Registrar on Wednesday, tens […]

  • Monday, 05 July 2021
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.

  • Sunday, 16 May 2021
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"

  • Friday, 14 May 2021
18-year-old defendant in Japan's first crypto theft

Tokyo: In Japan’s first case against a hacker over cryptocurrency theft, an 18-year-old boy was referred to prosecutors for allegedly stealing about $134,300 worth of cryptocurrency, The Japan Times reported. For stealing the money, the boy allegedly hacked Monappy, a website where users can keep the cryptocurrency monacoin, last year. Hailing from the city of […]

  • Monday, 03 May 2021
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. […]

  • Sunday, 02 May 2021
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 […]

  • Friday, 30 April 2021
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 […]

  • Friday, 30 April 2021
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 […]

  • Thursday, 29 April 2021
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. […]

  • Wednesday, 28 April 2021
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 […]

  • Wednesday, 28 April 2021
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 […]

  • Monday, 26 April 2021
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 […]

  • Sunday, 25 April 2021