Cryptocurrency Investment

A 37-year-old businessman from Mira Road in Thane has been cheated of Rs 33.65 lakh after he was tricked into investing in bitcoins on the false promise of lucrative returns, police said on Monday.

Women in India’s Web3 space have extended a congratulatory sentiment towards their female colleagues on the 48th International Women’s Day. Here's how women are making investments and a significant mark in technology with these creative contributions to the industrial growth of the country.

On-chain and off-chain are the two categories of crypto ramps. While On-chain ramps allow people to convert their fiat currencies into digital assets, off-chain ramps let people convert their crypto investments back to fiat currencies.

PayPal has co-led the funding round with venture capital firm Galaxy in collectively pledging $20 million (roughly Rs. 165 crore) towards Chaos Labs. Six angel investors joined the other 23 organisations that poured capital into Chaos Labs in its seed funding. These firms include Polygon, Coinbase Ventures, and OpenSea, among others.

Binance has pulled back on some potential investments in the United States, its CEO Changpeng Zhao said on Friday, following a Bloomberg report that the major crypto exchange was considering ending relationships with US business partners.

Former customers of FTX crypto exchange have sued three venture capital and private equity firms, accusing them in a proposed class action of fraudulently promoting the cryptocurrency exchange before it went bankrupt. According to a complaint filed late Tuesday in San Francisco federal court, Sequoia Capital, Thoma Bravo and Paradigm were "incentiv...

Mudrex has announced the launch of Satoshi School, a free online educational platform, that aims to create awareness and impart education around Web3, cryptocurrencies, as well as the blockchain technology. Upon the completion of the courses, the crypto investment platform will grant certificates stating that the enrolled users have learned about b...

JP Morgan surveyed 835 traders from sixty international locations to find that most institutional crypto traders and investors are fearful of experimenting with these volatile digital assets. Liquidity crunches, recession-related risks, along with the influence of inflation on the future of trading are reasons why hefty investors are thinking twice...

Cryptocurrencies have no intrinsic cashflows to them and the latest collapse of the crypto exchange FTX exposes the vulnerabilities in such investments, the Economic Survey document for 2022-23 tabled on Tuesday said.

"After a rough year last year for cryptos, we are seeing a form of mean reversion," said Jake Gordon, analyst at Bespoke Investment Group, referring to the theory of asset prices returning to long-term averages.

Samsung Asset Management will list its Bitcoin Futures Exchange Traded Fund (ETFs) on the Hong Kong Stock Exchange. The ETF will track Bitcoin’s spot prices for investments in Bitcoin futures products that are already listed on the Chicago Mercantile Exchange (CME). The aim of Samsung's decision is to expose the masses to Bitcoin and its usage as...

FTX told a US bankruptcy court that the exchange has recovered $5 billion (roughly Rs. 40,780 crore) in assets as part of the crypto exchange's efforts to salvage funds after it collapsed last year. The funds are in the form of cash, liquid cryptocurrency, and liquid investments securities, according to the company.

El Salvador has officially legitamised Bitcoin bonds, in order to raise funds to repay the nation’s debts as well as bring in capital to fuel the construction of Nayib Bukele’s ambitions ‘Bitcoin City’. The domestic securities law, that had been making the rounds in the Salvadoran parliament for a while now, bagged 62 votes from the legisla...

Coinbase Global is closing the bulk of its operations in Japan as part of a move to adjust international investment amid a slump in the digital-asset sector. The shift comes as the firm cuts 20 percent of its workforce globally, the latest layoffs at the San Francisco-headquartered firm.

Mudrex, the global crypto investment platform, is having Indian students participate in Web3 projects, trivia, and panel discussions with industry experts, to give them an in-depth sense of the next-gen tech sector. Colleges like IITs, ISB, and NITs are among other institutes from Delhi, Madras, Kanpur, and Roorkee to be part of the project.

A 37-year-old businessman from Mira Road in Thane has been cheated of Rs 33.65 lakh after he was tricked into investing in bitcoins on the false promise of lucrative returns, police said on Monday.

Women in India’s Web3 space have extended a congratulatory sentiment towards their female colleagues on the 48th International Women’s Day. Here's how women are making investments and a significant mark in technology with these creative contributions to the industrial growth of the country.

On-chain and off-chain are the two categories of crypto ramps. While On-chain ramps allow people to convert their fiat currencies into digital assets, off-chain ramps let people convert their crypto investments back to fiat currencies.

PayPal has co-led the funding round with venture capital firm Galaxy in collectively pledging $20 million (roughly Rs. 165 crore) towards Chaos Labs. Six angel investors joined the other 23 organisations that poured capital into Chaos Labs in its seed funding. These firms include Polygon, Coinbase Ventures, and OpenSea, among others.

Binance has pulled back on some potential investments in the United States, its CEO Changpeng Zhao said on Friday, following a Bloomberg report that the major crypto exchange was considering ending relationships with US business partners.

Former customers of FTX crypto exchange have sued three venture capital and private equity firms, accusing them in a proposed class action of fraudulently promoting the cryptocurrency exchange before it went bankrupt. According to a complaint filed late Tuesday in San Francisco federal court, Sequoia Capital, Thoma Bravo and Paradigm were "incentiv...

Mudrex has announced the launch of Satoshi School, a free online educational platform, that aims to create awareness and impart education around Web3, cryptocurrencies, as well as the blockchain technology. Upon the completion of the courses, the crypto investment platform will grant certificates stating that the enrolled users have learned about b...

JP Morgan surveyed 835 traders from sixty international locations to find that most institutional crypto traders and investors are fearful of experimenting with these volatile digital assets. Liquidity crunches, recession-related risks, along with the influence of inflation on the future of trading are reasons why hefty investors are thinking twice...

Cryptocurrencies have no intrinsic cashflows to them and the latest collapse of the crypto exchange FTX exposes the vulnerabilities in such investments, the Economic Survey document for 2022-23 tabled on Tuesday said.

"After a rough year last year for cryptos, we are seeing a form of mean reversion," said Jake Gordon, analyst at Bespoke Investment Group, referring to the theory of asset prices returning to long-term averages.

Samsung Asset Management will list its Bitcoin Futures Exchange Traded Fund (ETFs) on the Hong Kong Stock Exchange. The ETF will track Bitcoin’s spot prices for investments in Bitcoin futures products that are already listed on the Chicago Mercantile Exchange (CME). The aim of Samsung's decision is to expose the masses to Bitcoin and its usage as...

FTX told a US bankruptcy court that the exchange has recovered $5 billion (roughly Rs. 40,780 crore) in assets as part of the crypto exchange's efforts to salvage funds after it collapsed last year. The funds are in the form of cash, liquid cryptocurrency, and liquid investments securities, according to the company.

El Salvador has officially legitamised Bitcoin bonds, in order to raise funds to repay the nation’s debts as well as bring in capital to fuel the construction of Nayib Bukele’s ambitions ‘Bitcoin City’. The domestic securities law, that had been making the rounds in the Salvadoran parliament for a while now, bagged 62 votes from the legisla...

Coinbase Global is closing the bulk of its operations in Japan as part of a move to adjust international investment amid a slump in the digital-asset sector. The shift comes as the firm cuts 20 percent of its workforce globally, the latest layoffs at the San Francisco-headquartered firm.

Mudrex, the global crypto investment platform, is having Indian students participate in Web3 projects, trivia, and panel discussions with industry experts, to give them an in-depth sense of the next-gen tech sector. Colleges like IITs, ISB, and NITs are among other institutes from Delhi, Madras, Kanpur, and Roorkee to be part of the project.