New York, Sep 27 (IANS) 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 registration
New Delhi, July 14 (IANS) Cryptocurrency lending company Celsius Network, that recently laid off 150 employees, has now filed for bankruptcy in the US amid extreme market conditions. The platform said that it initiated voluntary Chapter 11 bankruptcy proceedings to provide
The European Union (EU) lawmakers have passed a new legislation for tracing transfers of crypto assets like Bitcoin in the same way as traditional money transfers to prevent money laundering, terrorist financing and other crimes. London, July 1 (IANS) The European
San Francisco, June 26 (IANS) Leading crypto change is reportedly acquiring a stake in the beleaguered crypto lending firm BlockFi, as the crypto industry faces meltdown. According to Wall Street Journal, FTX is currently in discussions with BlockFi regarding the stake
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
In what could further dampen the mood of crypto investors in the country, the goods and services tax (GST) council is mulling a 28 per cent tax on cryptocurrencies, at par with the current GST on casinos, betting and lottery,
Washington, April 15 (IANS) The US has blamed North Korean hacker group Lazarus for stealing $625 million in cryptocurrency from the Ronin Network, owned by developer group Sky Mavis. The FBI has also attributed Lazarus Group to the Ronin security breach
In one of the largest decentralised finance (DeFi) breaches yet, a hacker has stolen cryptocurrencies worth $625 million from Ronin, a Blockchain platform behind popular non-fungible token (NFT) game Axie Infinity. San Francisco, March 30 (IANS) In one of the largest
Crypto is back on the discussion table as Finance Minister Nirmala Sitharaman and Reserve Bank of India (RBI) Governor Shaktikanta Das deliberated over the issue. The Finance Minister had announced in her Budget speech that the RBI will launch a
Hitting hard private cryptocurrency exchanges and apps which are luring millions, especially the young, into investing their hard-earned money in Bitcoin and other digital tokens, the government on Tuesday announced a 30 per cent tax on any income from the
New Delhi, Jan 12 (IANS) Crypto assets such as Bitcoin have matured from an obscure asset class with few users to an integral part of the digital asset revolution, raising financial stability concerns. Given their relatively high volatility and valuations, cryptocurrencies’
New Delhi, Jan 3 (IANS) With a view to empowering knowledge on crypto and blockchain ecosystem, CryptoWire, a global crypto super app which is a special business unit of TickerPlant, Monday announced the launch of India’s first index of Cryptocurrencies –
San Francisco/New Delhi, Nov 25 (IANS) The banking regulators in the US have announced a plan to clarify the rules and regulations around how banks can use cryptocurrencies over the next year, at a time when governments the world over, including
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