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Cryptocurrency
Bitcoin, Ethereum crash to record low amid crypto winter
New Delhi : The crypto winter hammered cryptocurrencies on Monday as the price of a single Bitcoin fell sharply to around $25,600, an 18-month low.The world's largest cryptocurrency further tanked 7 per cent over fears of risk-off sentiment…
Crypto lender Celsius Network pauses all withdrawals, transfers
New Delhi : Leading crypto lender Celsius Network has announced to pause all withdrawals, swap and transfers between accounts due to "extreme market conditions".The decision led to a nearly 55 per cent crash in the price of its digital…
Top Cryptocurrency exchange Coinbase freezes hiring, revokes accepted offers
New Delhi : Leading crypto exchange Coinbase, which halted payments via unified payments interface (UPI) mode on its app in India in April, on Friday announced to pause hiring for as long as the global macro-economic factors remain in…
New York halts Bitcoin mining for 2 years, ‘grim day’ for Blockchain
New York : In bad news for Bitcoin and Blockchain lovers, the New York State on Friday passed a bill to halt new permits for certain fossil fuel power plants to be used in Bitcoin mining. The measure establishes a two-year moratorium on new…
After Tesla, SpaceX to accept Dogecoin for merchandise soon
San Francisco : Tech billionaire Elon Musk said that his aerospace company SpaceX will soon accept Dogecoin as a payment option for merchandise, joining Tesla.The electric vehicle company started accepting the cryptocurrency in January,…
Governments, companies own 8% of all Bitcoin worth $46 bn in the world
New Delhi : The governments and companies own close to 8 per cent of all Bitcoin in the world, roughly 1.6 million Bitcoin (BTC) worth $45.8 billion, and Bulgaria is the major holder of the top cryptocurrency, a new report said on Thursday.…
$1.6 bn worth Ethereum cryptocurrency lost forever since its ‘presale’
New Delhi : The owners of Ethereum,, the second largest cryptocurrency by market cap, have lost their crypto wallets containing 532,426 Ethereum with a current market value of $1.6 billion since its "presale" in 2014. According to new…
Cryptocurrency mayhem: $3.5 bn worth Bitcoin in Terra reserve just evaporated
New Delhi : The global crypto mayhem last week wiped out Bitcoin worth $3.5 billion created to defend and support the TerraUSD (UST) stablecoin which saw a total crash and no one has any idea how such a large sum of funds disappeared.…
Coinbase suffers major outage, Binance halts Terra Luna cryptocurrency trading
New Delhi : Leading crypto exchange Coinbase suffered a major outage amid crypto mayhem especially with the cryptocurrency Terra Luna, heightening fears among the investors. The company said it was actively working on the issue. "We are…
Terra Luna cryptocurrency collapses 98%, investors lose life savings
New Delhi : The dramatic crash of Terra (Luna), ranked among the top 10 most valuable cryptocurrencies, has wreaked havoc in the lives of investors who are feared they will become homeless after the cryptomayhem. Within the last 24 hours,…