Cryptocurrency

Bitcoin Leaps Over $20,000 As Dollar Falls Below Two-Decade High

Bitcoin Leaps Over $20,000 As Dollar Falls Below Two-Decade High

Reuters | Friday September 09, 2022

Bitcoin surged past the $20,000 barrier and was eyeing its best day in six weeks on Friday as the US dollar fell broadly and markets found reasons to be cheerful at the end of a dour week.

Understanding How Big A Deal Is Electric Ethereum's Mega "Merge" Upgrade

Understanding How Big A Deal Is Electric Ethereum's Mega "Merge" Upgrade

Reuters | Friday September 09, 2022

Here's what you need to know about the "Merge," as the shift is known.

A Year On, El Salvador's Bitcoin Experiment Is Stumbling

A Year On, El Salvador's Bitcoin Experiment Is Stumbling

Reuters | Thursday September 08, 2022

A year after El Salvador adopted bitcoin as legal tender, the area where the world's first cryptocurrency city was meant to be built - a circular metropolis powered by a volcano - is still dense jungle.

Elon Musk $258 Billion Dogecoin Lawsuit Expands To Include More Parties

Elon Musk $258 Billion Dogecoin Lawsuit Expands To Include More Parties

Reuters | Thursday September 08, 2022

The $258 billion racketeering lawsuit accusing Elon Musk of running a pyramid scheme to support the cryptocurrency Dogecoin has expanded, adding seven new investor plaintiffs and six new defendants including his tunnel construction business Boring Co.

Video Game Retailer GameStop Partners With Crypto Marketplace FTX

Video Game Retailer GameStop Partners With Crypto Marketplace FTX

Reuters | Thursday September 08, 2022

GameStop Corp on Wednesday reported a smaller-than-expected quarterly loss and a partnership with FTX US to increase its presence in the cryptocurrency space, sending the video game retailer's shares up 10 per cent in extended trading.

Binance Will Start Converting Users' USDC Into Its Own Stablecoin

Binance Will Start Converting Users' USDC Into Its Own Stablecoin

Reuters | Tuesday September 06, 2022

Binance, the world's largest crypto exchange, said on Monday it is introducing "BUSD Auto-Conversion," which will be used to convert any existing user balances and new deposits of USD Coin (USDC), Pax Dollar (USDP) and True USD (TUSD) into its own stablecoin.

Crypto Firm 21.co Raises $25 Million To Value It At $2 Billion

Crypto Firm 21.co Raises $25 Million To Value It At $2 Billion

Reuters | Tuesday September 06, 2022

Crypto investment product firm 21.co, the parent of 21Shares, said on Tuesday it had raised $25 million in a funding round led by Marshall Wace that valued the company at $2 billion.

Bitcoin Is No Longer The King Of The Swingers

Bitcoin Is No Longer The King Of The Swingers

Reuters | Tuesday September 06, 2022

Bitcoin's been called a lot of things. Buzzy, beguiling, baffling, even bogus. But never boring.

Indonesia's Tech Firm GoTo Buys Local Crypto Exchange For $8.4 Million

Indonesia's Tech Firm GoTo Buys Local Crypto Exchange For $8.4 Million

Reuters | Friday September 02, 2022

Indonesia's biggest tech firm PT GoTo Gojek Tokopedia Tbk (GoTo) entered crypto business by acquiring local crypto exchange PT Kripto Maksima Koin.

US Sought Binance CEO's Records For Crypto Money Laundering Probe

US Sought Binance CEO's Records For Crypto Money Laundering Probe

Reuters | Thursday September 01, 2022, London

US federal prosecutors asked Binance, the world's largest cryptocurrency exchange, to provide extensive internal records about its anti-money laundering checks.

Thailand Rolls Out New Rules To Tighten Crypto Advertising After Imposing Fines

Thailand Rolls Out New Rules To Tighten Crypto Advertising After Imposing Fines

Reuters | Thursday September 01, 2022

Thailand's Securities and Exchange Commission (SEC) has rolled out new rules on advertising for cryptocurrency companies after the industry has come under greater scrutiny from authorities.

No Plan To Buy China's Huobi, Says Crypto Exchange FTX's Chief

No Plan To Buy China's Huobi, Says Crypto Exchange FTX's Chief

Reuters | Thursday September 01, 2022

FTX Chief Executive Sam Bankman-Fried said in a tweet on Monday that the crypto exchange has no plans to buy China-based Huobi, which also runs one of the world's largest cryptocurrency exchanges.

Central African Republic Court Blocks Citizenship Purchases With New Crypto

Central African Republic Court Blocks Citizenship Purchases With New Crypto

Reuters | Thursday September 01, 2022

Central African Republic's Constitutional Court on Monday ruled that the purchase of citizenship, "e-residency" and land using acryptocurrency the government launched last month was unconstitutional.

Crypto Firm Accidentally Transfers $10.5 Million To Australian Woman, Realises After 7 Months

Crypto Firm Accidentally Transfers $10.5 Million To Australian Woman, Realises After 7 Months

Edited by NDTV Business Desk | Wednesday August 31, 2022

The company has launched legal action to recover the money

Interpol's Crypto Fraud Suspect, Fugitive Turkish Arrested In Albania Resort

Interpol's Crypto Fraud Suspect, Fugitive Turkish Arrested In Albania Resort

Reuters | Wednesday August 31, 2022

Albanian police on Tuesday arrested the fugitive Turkish founder ofcrypto-exchange Thodex, wanted by Interpol for suspectedcryptofraud and at large for a year, police and media said.