In April last year, RBI had issued circular banning banks from providing services to crypto businesses. However, some exchanges have found a new way around the banking problem by launching exchange-escrowed peer-to-peer services.

Chinese crypto-mining equipment makers plan to get listed in Hong Kong; major international airlines are beginning to pad their schedules with extra time to give the impression that the aircraft are arriving on time; diesel and petrol prices have hit new record high. BusinessToday.In Editor Rajeev Dubey explains this and more on The Good, The Bad and The Ugly.

British businessman Raj Kundra was summoned and questioned for 10 hours by Enforcement Directorate officials in Mumbai on Tuesday in connection with the Rs 2,000-crore Bitcoin scam case.

It seems that the Modi government's distrust of cryptocurrencies is surpassed only by its keenness to tax that gravy boat.

According to digital currency group Coindesk, over $490 million were flushed out of the cryptocurrency market due to wallet hacks in 2017 alone. The report says so far, none of the perpetrators of these crimes have been brought to book.

Touted as a cryptocurrency guru in India, businessman and bitcoin entrepreneur Amit Bhardwaj has been arrested for allegedly scamming investors out of Rs 2,000 crore in Maharashtra alone.

The report, also reveals that India ranks second in Asia-Pacific Japan region, when it comes to cryptojacking and is the ninth most affected country around the world.

Regulators hate it, investors love it. The great tussle to find the middle ground for cryptocurrencies...

The cryptocurrency market has been in the red for a few days now, following news reports of regulatory crackdown in South Korea and China.

This morning, Bitcoin was down 17 per cent , Ethereum was down 21 per cent, Litecoin had dropped 20 per cent and Ripple a whopping 30 per cent.

The first stroke of luck came when Ziddu.com changed its description to \"a Blockchain technology empowered solutions provider\".

Mining the cryptocurrency requires a staggering amount of energy, which is contributing to global warming. See how:

The largest automobile player in the Indian market, Maruti Suzuki, holds what is considered an abnormally high market share, compared to market leaders in other big markets

Investors are latching on to Litecoin not only because Bitcoin is now so expensive and possibly overdone, but also because it is actually a better alternative as it is more stable and has a lifetime cap of 84 million coins.

Tax sleuths conducted 'surveys' at as many as nine Bitcoin exchanges in the country. During the investigation, the I-T department looked for evidence to establish identity of investors and traders, transactions undertaken by the Bitcoin traders in India.