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Cryptocurrency
UK regulator warns illegal crypto ATMs to shut operations
London : The UK's Financial Conduct Authority (FCA) has warned operators of crypto ATMs in the country to shut down their services or face enforcement action.Crypto ATMs offering crypto-asset exchange services in the UK must be registered…
Fan crypto token firm’s CEO accused of price manipulation
San Francisco : Fan cryptocurrency token company Socios has been accused of price manipulation and according to reports, its CEO Alexandre Dreyfus withheld payments in order to maintain the price of Chiliz (CHZ) token.A probe by Off The…
Crypto exchange Coinbase blocks 25K Russian-linked accounts
New Delhi : Coinbase, one of the leading cryptocurrency exchanges, has blocked over 25,000 addresses related to Russian individuals or entities engaged in illicit activity.Coinbase said when a user opens an account, it checks provided…
Bitcoin now has higher market cap than Russian currency
New Delhi : As Russia intensifies its battle to take control of Ukraine, Bitcoin on Wednesday soared to $44,000, pushing the total cryptocurrency market cap to cross $2 trillion.With the recent gains, Bitcoin now has a higher market cap…
CryptoWire pacts with Bitbns to commence trading on crypto index IC15 from April
New Delhi : CryptoWire, a global crypto super app, on Tuesday announced that it has entered into an agreement with Bitbns exchange, one of the leading crypto-currency exchanges of the country, to commence trading on India's first global…
Ukraine raises over $15 mn in crypto post Russian invasion
New Delhi/Kiev : Ukraine has raised over $15 million in cryptocurrencies since the Russian invasion began last week.The global crypto community has also extended its support to Ukraine. Vitalik Buterin, the creator of Ethereum, tweeted that…
Bitcoin hovers around $39K amid talks of Russia-Ukraine dialogue
New Delhi : The prices of Bitcoin and other cryptocurrencies somewhat stabilised on Saturday amid possible Russia-Ukraine talks.Bitcoin, which nosedived below $34,000 when the war began on Thursday, was flat on Saturday at nearly $39,000…
‘Legal or illegal’, SC asks Centre to make its stand clear on Bitcoins
New Delhi : The Supreme Court on Friday asked the Centre to make its stand clear on Bitcoins. Currently, there is no regulation or any ban on the use of cryptocurrencies in the country.A bench comprising Justices D.Y. Chandrachud and Surya…
India’s crypto ad guidelines out, celebrities warned
New Delhi : In a bid to clamp down on risky crypto ads in India, the Advertising Standards Council Of India (ASCI) on Wednesday issued guidelines for all virtual digital assets (VDA)-related advertisements, which will be applicable on or…
Criminals had $11 bn worth illicit cryptocurrencies in 2021
New Delhi : Cryptocurrencies have made criminals richer and in 2021, criminals held $11 billion worth of funds with known illicit sources, compared to just $3 billion at the end of 2020, a new report has revealed.As of the end of 2021,…