Crypto

New Delhi : Crypto trading and lending exchanges BlockFi and crypto.com have laid off hundreds of employees after the global crypto market was battered owing to a "dramatic shift" in macro-economic conditions.BlockFi CEO Zac Prince said…

San Francisco : Top cryptocurrency Bitcoin (BTC) further nosedived to around $21,000 per coin on Tuesday, a level it saw some five years ago.It was hovering around Rs 20,000-Rs 21,000 per BTC as the global crypto market crashed owing to the…

London : Crypto lending platform Celsius announced on Monday that it is pausing all withdrawals citing "extreme market conditions", media reports said.The controversial company which has lent out more than $8 billion and managed nearly $12…

New Delhi : As leading cryptocurrencies nosedive, investors of DeFi (decentralised finance) platforms also need to exercise "caution and scrutiny" amid growing concerns about the liquidity of this certain type of cryptocurrency service,…

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…

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…

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 : 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…

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,…

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.…