Crypto

New Delhi : More than 51 per cent of the total Bitcoin trading volume on various crypto exchanges this year is fake amid volatile global economic conditions, a new report has claimed.Bitcoin is the blue chip of cryptocurrency and represents…

New Delhi : The world saw crypto losses up to $428 million in the third quarter (Q3), down 36 per cent from Q2, from hacks and frauds, a new report has shown.An analysis of the crypto losses by bug bounty platform Immunefi found that fraud…

San Francisco : Leading crypto exchange Coinbase paused transactions for users in the US owing to some technical issues, and resolved it hours later.In a tweet, the company said they were unable to take payments or make withdrawals…

New York : Cryptocurrency platform Nexo has been sued by New York, California and six other state regulators for failing to register with the state as securities and commodities brokers or dealers and lying to investors about their…

San Francisco : Crypto exchanges are now required to notify the UK authorities of any suspected sanctions violations under new regulations introduced in response to concerns that bitcoin and other cryptoassets are being used to dodge…

Sydney : Due to an unfortunate typo, cryptocurrency exchange Crypto.com mistakenly issued a customer A$10.5 million ($7.2 million) rather than the expected A$100 ($68), media reports say. Seven months later, when the exchange finally…

San Francisco : More than half of all Bitcoin daily trading volumes are reportedly fake, as the world's largest cryptocurrency nosedives again amid global economic turmoil. According to a Forbes analysis of 157 crypto exchanges and…

New Delhi : After showing some stabilisation in the last few weeks, world's largest cryptocurrency Bitcoin has plunged once again below $20,000 after Federal Reserve Chair Jerome Powell's keynote address. Bitcoin initially showed little…

New Delhi : As the global downturn continues, the crypto scam revenue for 2022 also dropped 65 per cent at $1.6 billion this year, lower than where it was through the end of July in 2021. Since January 2022, scam revenue has fallen more…

United Nations : The UN Conference on Trade and Development (UNCTAD) called for action to curb cryptocurrencies in developing countries in three policy briefs.While private digital currencies have rewarded some, and facilitate remittances,…