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Crypto

Crypto

Top crypto tokens were trading mixed on Monday as Litecoin jumped 3 per cent, whereas Polygon jumped 2 per cent.

Crypto Price Today: Bitcoin holds below $23,000; Polygon & Litecoin gain up to 3%

Feb 07, 2023

Bitcoin remained below $23,000-mark for the early Asian hours after a marginal decline, whereas Ethereum was in green to hold above $1,600-level.

North Korea has previously denied allegations of hacking or other cyberattacks.

North Korea stole more cryptocurrency assets in 2022 than in any other year, says UN Report

Feb 07, 2023

"(North Korea) used increasingly sophisticated cyber techniques both to gain access to digital networks involved in cyber finance, and to steal information of potential value, including to its weapons programmes," independent sanctions monitors reported to a U.N. Security Council committee.

Barring the stablecoins, all top crypto tokens were trading lower on Monday led by Avalanche and Polygon, which tanked 4 per cent each.

Crypto Price Today: Bitcoin below $23,000; Avalanche, Solana & Dogecoin tank up to 4%

Feb 06, 2023

Bitcoin dropped about 2 per cent and slipped below $23,000-mark for the early Asian hours, while its largest peer, Ethereum held above $1,600-level.

The Reserve Bank of India (RBI) has repeatedly emphasised that the legalisation of cryptocurrencies could result in severe financial issues.

Economic affairs secretary says regulation on crypto assets to be implemented in 2023

Feb 04, 2023

Finance Minister Nirmala Sitharaman stated on February 3 that she will be looking at developing a global SOP (standard operating procedure) for regulating crypto assets in her upcoming G20 meeting with finance ministers and central bank governors.

It's also important to remember that Bitcoin's 40-day correlation to the S&P 500 remains above 75 per cent

Crypto Weekly snapshot: Bitcoin flirts with $24,000; Ether holds $1,600

Feb 04, 2023

Bitcoin (BTC) surged 3.11 per cent to $23,788, while Ethereum (ETH) broke the $1,600 mark. BTC volume has been around $30.58 billion over the past 24 hours

Tax on crypto profits was introduced in the previous union budget

Budget 2023-24: Up to 7 years in jail for failure to pay TDS on crypto transactions 

Feb 03, 2023

As per the Finance Bill 2023, failure to pay TDS on crypto transactions or crypto transactions where the payment is partly or wholly in kind under section Section 194S(1) can land the violator of the rule in jail for up to 7 years.

Bitcoin and other major crypto tokens saw some profit booking on Friday after the interest rate hikes by US Federal Reserve. (Photo: Reuters)

Crypto Price Today: Bitcoin holds $23,000; Avalanche, Solana & Ethereum tank up to 6%

Feb 03, 2023

Bitcoin dropped 2 per cent but remained over $23,000-mark for the early Asian hours, whereas Ethereum dropped more than 2 per cent but held above $1,600-level.

Crypto investors seemed more interested in Powell's comments that the US central bank's inflation fight was far from over than his remark.

Crypto Price Today: Bitcoin nears $24,000; Avalanche, Polygon Solana rally up to 14%

Feb 02, 2023

Bitcoin extended its gains and marched towards $24,000-mark, whereas Ethereum topped $1,600 and was eyeing $1,700-level after a sharp recovery.

Bitcoin regained $23,000-mark, thanks to a slight rise in its pirce. However, Ethereum remained below $1,600-level despite a recovery.

Crypto Price Today: Bitcoin regains $23,000; Cardano rallies 4%, Solana drops

Feb 01, 2023

Crypto traders will be awaiting the US Fed's rate hike announcement and India's union budget announcement for the crypto industry.

Bitcoin slipped over 3 per cent to breach $23,000-mark, whereas its largest peer Ethereum tanked sharply to drop below $1,600-level.

Crypto Price Today: Bitcoin slips below $23,000; Solana, Polygon tank up to 6%; Dogecoin rally 4%

Jan 31, 2023

All top crypto tokens were trading sharply lower on Tuesday but Dogecoin jumped more than 3 per cent, whereas Polygon, Cardano, Solana and Avalanche were among the top losers with up to 6% fall.

The judge said that while the public had only a "weak" right to know who Bankman-Fried's guarantors were, it outweighed Bankman-Fried's arguments for confidentiality, including that the guarantors' safety could be imperiled.

People who posted Sam Bankman-Fried's bail should be named, US judge rules

Jan 31, 2023

US District Judge Lewis Kaplan in Manhattan ruled in favor of several media outlets including Reuters that sought the names.

Bitcoin was able to hold weekend gains and was firm above $23,500 level. Its largest peer, Ethereum was comfortable above $1,600-mark.

Crypto Price Today: Bitcoin holds $23,600; Solana, Ethereum, BNB rises up to 6%

Jan 30, 2023

Global cryptocurrency market cap was trading higher at $1.08 trillion mark, rising about 2 per cent and the total trading volumes surged 24 per cent close to $49.64 billion.

FTX opposes new bankruptcy investigation as it probes Bankman-Fried connections

FTX opposes new bankruptcy investigation as it probes Bankman-Fried connections

Jan 27, 2023

FTX, once among the world's top crypto exchanges, shook the sector in November by filing for bankruptcy, leaving an estimated 9 million customers and other investors facing total losses in the billions of dollars.

Top crypto tokens were with big cuts on Wednesday, falling up to 9 per cent, following the profit booking after recent firm gains.

Crypto Price Today: Bitcoin slips below $23,000; Shiba Inu, Dogecoin, Solana tank up to 9%

Jan 25, 2023

Bitcoin breached $23,000 level but was holding $22,500 comfortably, whereas Ethereum also lost about 6 per cent to slip below $1,600 mark.

Binance moved over 20,000 bitcoin, worth $345.8 million at they time they were transacted, across some 205,000 transactions for Bitzlato between May 2018 and its closure last week

Binance moved $346 mln for seized crypto exchange Bitzlato

Jan 25, 2023

Binance, the world's largest crypto exchange, was among Bitzlato's top three counterparties by the amount of bitcoin received between May 2018 and September 2022.

Crypto market has not fully recovered from the multi-month bear market and a slew of debacles that had shaken investors' confidence for the fragile health of the industry.

Crypto Price Today: Bitcoin tops $23,000; crypto m-cap holds above $1 trillion

Jan 24, 2023

Crypto tokens majorly were trading mixed on Tuesday, with little changes as Bitcoin and BNB led the gainer with more than one per cent rise.

Genesis has said it plans to sell various assets at auction, and exit bankruptcy by May 19.

Bankrupt crypto lender Genesis optimistic it can resolve creditor disputes

Jan 24, 2023

Sean O'Neal, the lawyer, spoke at an initial hearing in Manhattan bankruptcy court for Genesis Global Capital, the crypto lending business owned by Barry Silbert's venture capital firm Digital Currency Group.

The Department of Justice revealed the seizure of Robinhood shares earlier this month

Feds seized nearly $700 million from FTX founder Bankman-Fried

Jan 23, 2023

Bankman-Fried, who has been accused of stealing billions of dollars from FTX customers to pay debts incurred by his crypto-focused hedge fund, has pleaded not guilty to fraud charges. He is scheduled to face trial in October.

(Photo: Reuters)

Crypto exchange Coinbase to halt Japan operations

Jan 19, 2023

The move comes just weeks after rival exchange Kraken said it was ceasing its business in the country.

FTX founder Sam Bankman-Fried has been accused of stealing billions of dollars from FTX customers to pay debts incurred by his crypto-focused hedge fund, Alameda Research.

Bankrupt crypto exchange FTX says $415 million in crypto was hacked

Jan 18, 2023

Some $323 million in crypto had been hacked from FTX's international exchange and $90 million had been hacked from its US exchange since it filed for bankruptcy on Nov. 11, CEO John Ray said.

Iran and Russia have joined hands to develop a new cryptocurrency called the 'token of the Persian Gulf region', which Kamath said could usher in a 'new economic order'

'Damn, if this picks up': Zerodha's Nikhil Kamath predicts 'new economic order' with Iran, Russia's gold-backed stablecoin

Jan 17, 2023

Iran and Russia have joined hands to develop a new cryptocurrency called the 'token of the Persian Gulf region', which Kamath said could usher in a 'new economic order'