Cryptocurrency

New Delhi : Leading cryptocurrency Bitcoin dropped below $18,000 per digital coin on Sunday a massive over 70 per cent drop from its record high of $68,000 in November last year as mayhem in the crypto market continued. Overall, the…

New Delhi : Leading crypto exchange Coinbase has announced that it is laying off 18 per cent of its workforce, or about 1,100 jobs amid the economic downturn.Brian Armstrong, CEO and co-founder said that while the company tried its best to…

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…