Crypto

South Korea’s Shinhan Bank has launched a metaverse site named ‘Cinnamon’, where people will be able to access an array of financial and non-financial services. Shinhan, which is an early investor in crypto custody services, ran a five-day-long test on its metaverse platform and reportedly garnered visits from over 85,000 people back in June ...

Bitcoin is artificially propped up and should not be legitimised by regulators or financial companies, the European Central Bank said, adding that it is similar to gambling. The cryptocurrency's recent stabilisation was "an artificially induced last gasp before the road to irrelevance", it said on Wednesday.

Kraken crypto exchange said it will lay off 1,110 employees, or 30 percent of its global workforce on Wednesday. The crypto exchange has cited difficult market conditions as the reason for reducing the number of its employees. Kraken follows crypto exchange Coinbase Global, which slashed jobs in its recruiting and institutional onboarding teams in ...

Sanjay Kamble is among thousands of investors in India betting crypto is the quickest way to get rich, lured by a raft of startups promising yields as high as 25% a month in so-called staking rewards in a market with lax regulations.

The overall crypto market rose in value by 1.17 percent in the last 24 hours. Along with BTC and ETH, Solana, Tron, and Avalanche opened with profits. Stablecoins, on the other hand, settled with losses along with Dogecoin and Shiba Inu.

BlockAura, a crypto coin that many Indians have invested in, surged 3,100 percent over the past eight months. Many investors in India are betting crypto is the quickest way to get rich, lured by a raft of startups promising yields as high as 25 percent a month. Here's how a tumble in the value of the crypto coin could affect Indian investors.

Brazil’s crypto bill has bagged a long overdue approval from the Brazilian Chamber of Deputies. The bill proposes to set up an internal committee that would keep crypto activities under check.

Coinbase has delisted Bitcoin Cash (BCH), Ripple (XRP), Ethereum Classic (ETC), as well as Stellar Lumen (XLM), ending support for these cryptocurrencies on its wallet service, starting December 5. The company, has however, assured the holders of these altcoins that their assets will not be lost even after they are delisted from the bunch of crypto...

The overall crypto sector rose by 3.07 percent in the last 24 hours. Bitcoin and Ether along with majority other cryptocurrencies rose in values. These include Dogecoin, Shiba Inu, Polygon, Polkadot, and Solana among others. Only a few underdog cryptocurrencies settled with losses today, including Leo and Zcash.

Genesis, the US crypto brokerage said on Tuesday that it was working to resolve the "current situation in the lending business" without the need for bankruptcy filing, after a report that the firm's creditors were organising with restructuring lawyers in an attempt to stop the brokerage from meeting the same fate as FTX, the crypto exchange that co...

The RBI will begin testing the digital rupee CBDC for retail uses starting December 1. The announcement was made by the RBI on Tuesday, November 29. As part of the trials, the CBDC will be given to the testers in a digital wallet, backed by national banks participating in these trials.

Israel is the latest nation to join the list of countries that have accelerated their efforts around regulating the digital assets sector. Soon after, Israel may also get a committee, dedicated towards regulating the formations and operations of decentralised autonomous organisations (DAOs).

BlockFi on Monday filed for Chapter 11 bankruptcy protection in the US, as the crypto lender said it was exposed to FTX's collapse earlier this month. The lender also sued a holding company for former FTX CEO Sam Bankman-Fried, seeking to recover shares in Robinhood. Debtors do not face the myriad issues apparently facing FTX, despite exposure to t...

Bitfront said the move is unrelated to recent issues among certain crypto exchanges that have been accused of "misconduct".

The overall crypto market valuation went up by 0.96 percent in the last 24 hours. While BTC and ETH showed small value hikes, DOGE prices rose by a significant six percent. Stablecoins such as Binance USD, USD Coin, and Tether settled with losses on the second last day of November this year.

South Korea’s Shinhan Bank has launched a metaverse site named ‘Cinnamon’, where people will be able to access an array of financial and non-financial services. Shinhan, which is an early investor in crypto custody services, ran a five-day-long test on its metaverse platform and reportedly garnered visits from over 85,000 people back in June ...

Bitcoin is artificially propped up and should not be legitimised by regulators or financial companies, the European Central Bank said, adding that it is similar to gambling. The cryptocurrency's recent stabilisation was "an artificially induced last gasp before the road to irrelevance", it said on Wednesday.

Kraken crypto exchange said it will lay off 1,110 employees, or 30 percent of its global workforce on Wednesday. The crypto exchange has cited difficult market conditions as the reason for reducing the number of its employees. Kraken follows crypto exchange Coinbase Global, which slashed jobs in its recruiting and institutional onboarding teams in ...

Sanjay Kamble is among thousands of investors in India betting crypto is the quickest way to get rich, lured by a raft of startups promising yields as high as 25% a month in so-called staking rewards in a market with lax regulations.

The overall crypto market rose in value by 1.17 percent in the last 24 hours. Along with BTC and ETH, Solana, Tron, and Avalanche opened with profits. Stablecoins, on the other hand, settled with losses along with Dogecoin and Shiba Inu.

BlockAura, a crypto coin that many Indians have invested in, surged 3,100 percent over the past eight months. Many investors in India are betting crypto is the quickest way to get rich, lured by a raft of startups promising yields as high as 25 percent a month. Here's how a tumble in the value of the crypto coin could affect Indian investors.

Brazil’s crypto bill has bagged a long overdue approval from the Brazilian Chamber of Deputies. The bill proposes to set up an internal committee that would keep crypto activities under check.

Coinbase has delisted Bitcoin Cash (BCH), Ripple (XRP), Ethereum Classic (ETC), as well as Stellar Lumen (XLM), ending support for these cryptocurrencies on its wallet service, starting December 5. The company, has however, assured the holders of these altcoins that their assets will not be lost even after they are delisted from the bunch of crypto...

The overall crypto sector rose by 3.07 percent in the last 24 hours. Bitcoin and Ether along with majority other cryptocurrencies rose in values. These include Dogecoin, Shiba Inu, Polygon, Polkadot, and Solana among others. Only a few underdog cryptocurrencies settled with losses today, including Leo and Zcash.

Genesis, the US crypto brokerage said on Tuesday that it was working to resolve the "current situation in the lending business" without the need for bankruptcy filing, after a report that the firm's creditors were organising with restructuring lawyers in an attempt to stop the brokerage from meeting the same fate as FTX, the crypto exchange that co...

The RBI will begin testing the digital rupee CBDC for retail uses starting December 1. The announcement was made by the RBI on Tuesday, November 29. As part of the trials, the CBDC will be given to the testers in a digital wallet, backed by national banks participating in these trials.

Israel is the latest nation to join the list of countries that have accelerated their efforts around regulating the digital assets sector. Soon after, Israel may also get a committee, dedicated towards regulating the formations and operations of decentralised autonomous organisations (DAOs).

BlockFi on Monday filed for Chapter 11 bankruptcy protection in the US, as the crypto lender said it was exposed to FTX's collapse earlier this month. The lender also sued a holding company for former FTX CEO Sam Bankman-Fried, seeking to recover shares in Robinhood. Debtors do not face the myriad issues apparently facing FTX, despite exposure to t...

Bitfront said the move is unrelated to recent issues among certain crypto exchanges that have been accused of "misconduct".

The overall crypto market valuation went up by 0.96 percent in the last 24 hours. While BTC and ETH showed small value hikes, DOGE prices rose by a significant six percent. Stablecoins such as Binance USD, USD Coin, and Tether settled with losses on the second last day of November this year.