Cryptocurrency

$1.2 Million Ransom Demanded For South African Teen In A 'Bitcoin Kidnapping'

World News | Agence France-Presse | Tuesday May 22, 2018

A gang who kidnapped a South African teenager from a playground at the weekend have demanded a ransom in bitcoin cryptocurrency worth about $123,000, police said Tuesday.

Microsoft Bans Cryptocurrency Ads on Bing Search Engine

Indo-Asian News Service | Wednesday May 16, 2018

Microsoft has now banned advertisements showing cryptocurrencies and related products from its Bing search engine.

HTC Exodus 'World's First Native Blockchain Phone' Announced

Sumit Chakraborty | Wednesday May 16, 2018

With HTC Exodus, the company plans to support "the entire blockchain ecosystem."

Winklevoss Bitcoin Exchange Wins New York's Approval to Expand, Offer Zcash

Reuters | Tuesday May 15, 2018

New York state on Monday authorised the Gemini Trust Co exchange founded by Internet entrepreneurs Cameron and Tyler Winklevoss to offer Zcash trading.

Indian-Origin Man Indicted In US In Multi-Million Dollar Cryptocurrency Scam

Indians Abroad | Press Trust of India | Tuesday May 15, 2018

A 27-year-old Indian-origin man along with two other co-founders of a start-up cryptocurrency company have been indicted with a scheme to defraud investors, with authorities seizing digital currency worth more than USD 60 million raised from victims as part of the scheme.

Facebook Plans to Launch Its Own Cryptocurrency: Report

Indo-Asian News Service | Saturday May 12, 2018

Facebook has over 2 billion users globally and launching cryptocurrency will allow them make payments using a virtual currency like Bitcoin.

Nvidia Sees Fewer Cryptocurrency Miners, More Gamers in Future

Reuters | Friday May 11, 2018

A cryptocurrency boom has powered growth at Nvidia and rival AMD, but the sector is battling volatility.

Cryptocurrency Trading Will Survive RBI Ban, Say Investors

Business | Thomson Reuters | Friday May 4, 2018

Prices of bitcoin in the country are back up to Rs 618,000, recovering from a low of Rs 350,001 after the central bank's announcement.

Facebook Messenger Sees FacexWorm Malware Resurface, Targets Cryptocurrency Transactions: Trend Micro

Ankit Chawla | Wednesday May 2, 2018

It seems FacexWorm malware is back for strike two as it has been spotted stealing data and cryptocurrency from users on the Facebook Messenger app.

How Do You Pay Taxes on Bitcoin Income in India? No One’s Sure.

Pranay Parab | Monday April 30, 2018

Gadgets 360 spoke to CAs to find out how to declare your cryptocurrency income when filing income tax returns in India.

Bitcoin Frenzy Settles Down as Big Players Muscle Into Market

Reuters | Monday April 30, 2018

As investors try to figure out what Bitcoin wants to be when it grows up, the best-known cryptocurrency is going through somewhat of an existential crisis.

Central Bankers Can't Agree on Cryptocurrencies

Ferdinando Giugliano, Bloomberg | Friday April 27, 2018

It's clear that the cross-border nature of digital currencies means coordination on the regulatory front is required; but there is little consensus over how to do this.

Nasdaq Open to Cryptocurrency Exchange in Future, Says CEO

Reuters | Thursday April 26, 2018

Nasdaq is open to launching a cryptocurrency exchange in the future as the regulatory environment evolves.

Power-Sucking Bitcoin 'Mines' Spark Backlash

Associated Press | Tuesday April 24, 2018

Mining operations with stacks of servers suck up so much electricity that they are in some cases causing power rates to spike for ordinary customers.

Bitcoin and Other Cryptocurrencies Dealings Banned by Iran's Central Bank

Agence France-Presse | Monday April 23, 2018

Iranians working in the fledgeling private cryptocurrency market said the ban was unlikely to affect their operations.