Cryptocurrency

In Gujarat Bitcoin Scam Investors May Have Lost Rs 500 Crore: Police

India News | Press Trust of India | Wednesday August 15, 2018

Investors in Gujarat may have lost over Rs 500 crore in an alleged fraudulent scheme floated by the promoters of BitConnect, a cryptocurrency platform which shut down earlier this year, police today said.

Facebook's David Marcus Resigns From Coinbase Board in Blockchain Push

Olga Kharif, Bloomberg | Monday August 13, 2018

While Facebook is yet to announce how it intends to harness blockchain, some analysts believe the company will follow in the footsteps of other players and issue its own cryptocurrency or token.

How to Lose $3 Billion of Bitcoin in India

Archana Chaudhary and Jeanette Rodrigues, Bloomberg | Friday August 10, 2018

Accusations of tax evasion and police corruption, a kidnapper who was kidnapped, a fugitive politician, and billions in bitcoin lost. This is crypto-trading Gujarat-style.

How To Lose $3 Billion Of Bitcoin In India

India News | Archana Chaudhary and Jeanette Rodrigues, Bloomberg | Friday August 10, 2018

Accusations of tax evasion and police corruption, a kidnapper who was kidnapped, a fugitive politician, and billions in bitcoin lost. This is crypto-trading Gujarat-style.

Opera Integrates Crypto Wallet Into Its Desktop Browser

Ankit Chawla | Wednesday August 8, 2018

In order to use the Opera crypto wallet on Web, users will have to scan a QR code on the Web browser from the Opera mobile browser.

Two Arrested For Allegedly Running Cryptocurrency Racket, Duping 1800 People

Ghaziabad News | Press Trust of India | Wednesday August 1, 2018

Two men were arrested today for allegedly duping as many as 1,800 people of Rs 30 crore by forming a fake crypto-currency company in Ghaziabad police said.

Candidate Running For 2020 US Elections Accepts Cryptocurrency Donations

World News | Indo-Asian News Service | Tuesday July 31, 2018

Andrew Yang, a second-generation Chinese American running for the 2020 US presidential race as a Democrat, has announced his acceptance of cryptocurrency as forms of donation, according to Yang's campaign.

Google Play Bans Cryptocurrency Mining Apps, Updates Policies to Restrict Other Inappropriate Apps

Jagmeet Singh | Friday July 27, 2018

The updated developer policies are available through Google's Developer Policy Center.

Twitter Is Locking Accounts That Change Their Name to Elon Musk

Tasneem Akolawala | Thursday July 26, 2018

Twitter has decided to lock all accounts that are unverified and change their display name to the SpaceX and Tesla CEO Elon Musk.

IBM Partners Stronghold for New Digital Stable Coin

Reuters | Tuesday July 17, 2018

IBM is backing a new cryptocurrency pegged to the US dollar, in a partnership with US-based financial services provider Stronghold.

Global Regulators Set Up Monitoring System for Bitcoin, Other Crypto Assets

Reuters | Monday July 16, 2018

It is unclear at times which financial rules, if any, apply to the sector or if there is legal authority to regulate it.

RBI Ban: You Can't Buy, Sell Bitcoins, Other Cryptocurrencies From Today

Business | NDTV Profit Team | Thursday July 5, 2018

Exactly three months ago, RBI had instructed the banks to end the relations (if any) with cryptocurrency-driven companies

Cryptocurrency Exchange Theft Surges in First Half of 2018: CipherTrace

Reuters | Wednesday July 4, 2018

The CipherTrace report, which looks at the global anti-money laundering market, showed that in the first six months of the year a total of $761 million was stolen from digital currency exchanges.

Supreme Court Backs Ban That Virtually Outlaws Cryptocurrencies in India

Upmanyu Trivedi and Rahul Satija, Bloomberg | Wednesday July 4, 2018

The finance ministry has yet to make a final ruling on a formal ban, but the recent volatility in cryptocurrency markets has only emboldened policymakers.

Cryptocurrency Virtually Outlawed in India as Supreme Court Backs Ban

India News | Upmanyu Trivedi and Rahul Satija, Bloomberg | Wednesday July 4, 2018

The Supreme Court has refused to overturn a central bank ban on lenders from dealing in cryptocurrencies, a move that effectively outlaws the nascent industry in Asia's third-largest economy.