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cryptocurrency

Ryan Salame's New Role in Prison

Ryan Salame's New Role in Prison

Fri, Oct 11, 2024

Ryan Salame, a former executive at FTX, made headlines by updating his LinkedIn profile before reporting to prison. In a surprising move, he humorously listed his new position as "inmate." This bold statement highlights the ongoing fallout from the FTX collapse and raises questions about accountability in the cryptocurrency industry. Join us as we explore the implications of his update and the broader context of the FTX saga.

Bitcoin Mining Scam: CBI exposes massive crypto fraud; accused dupe people by promising large gains

Bitcoin Mining Scam: CBI exposes massive crypto fraud; accused dupe people by promising large gains

Wed, May 01, 2024

CBI had registered a case u/s 120-B r/w 419, 420 IPC and Section 66 D of Information Technology Act, 2000, against two private companies, along with their directors, on the allegations that the accused were involved in a fraudulent investment scheme linked to the HPZ Token App. The scheme involved misleading the public into investing in non-existent crypto-currency mining machine rentals.

Anil Singhvi decodes why Bitcoin has soared 125% in 8 months and 25% in 1.5 months

Anil Singhvi decodes why Bitcoin has soared 125% in 8 months and 25% in 1.5 months

Wed, Feb 28, 2024

Bitcoin cryptocurrency had a lacklustre show in 2022 when its price fell more than 65 per cent. It showed no signs of revival till almost the middle of 2023. But in June of the same year, an event triggered investor interest in Bitcoin. From there, Bitcoin staged fast recovery and rose from $25,000 to its current level of over $57,000. Market wizard and Zee Business managing editor, Anil Singhvi, reveals the causes behind this quick recovery and why people are keenly interested in Bitcoin.

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Facebook may launch its cryptocurrency this month

Facebook may launch its cryptocurrency this month

Thu, Jun 06, 2019

Facebook may finally launch its long-rumoured cryptocurrency later in June. The cryptocurrency, under Facebook`s "Project Libra", is reportedly aimed at allowing Facebook`s global users to transfer money across borders and to make online purchases.

Facebook plans to launch its own cryptocurrency next year: Report

Facebook plans to launch its own cryptocurrency next year: Report

Sat, May 25, 2019

Facebook's currency would be "stablecoin", a digital unit pegged to the dollar in contrast to more anarchic means of virtual payment such as bitcoin, according to earlier reporting by Bloomberg and the Wall Street Journal among others.

Facebook sets up Libra Networks to create its own cryptocurrency

Facebook sets up Libra Networks to create its own cryptocurrency

Mon, May 20, 2019

Facebook wants to be part of the exciting world of digital currency and before any other technology giant takes the leap, the social networking service has reportedly started working on its virtual money in Switzerland. According to a Swiss news site Handelszeitung, Facebook has set up a company called Libra Networks in Geneva that will help CEO Mark Zuckerberg build the cryptocurrency.The company is owned by Facebook Global Holdings II in Ireland and will focus on developing the hardware and software for digital currency-related functions including payments, financing, identity management, big data, analytics, and blockchain.

Bitcoin tops $8,000 as it hits highest since July 2018

Bitcoin tops $8,000 as it hits highest since July 2018

Tue, May 14, 2019

Bitcoin was last up nearly 17% at $8,131 on the Bitstamp exchange, the largest daily percentage jump since early April. It hit a high of $8,167.50, a roughly 10-month peak.

Cryptocurrency thefts, fraud hit $1.2 billion in first quarter, says a report

Cryptocurrency thefts, fraud hit $1.2 billion in first quarter, says a report

Wed, May 01, 2019

Losses from the theft of cryptocurrencies from exchanges and fraud-related activities surged in the first quarter of the year to $1.2 billion, or 70 percent of the level for all of 2018.

Bitcoin jumps to a six-month high as 2019 rally grows

Bitcoin jumps to a six-month high as 2019 rally grows

Tue, Apr 23, 2019

Other major cryptocurrencies that tend be correlated to bitcoin such as ethereum and Ripple`s XRP also gained.

Cryptocurrency companies use 'backdoor' listings to ease into mainstream markets

Cryptocurrency companies use 'backdoor' listings to ease into mainstream markets

Fri, Feb 22, 2019

In the most recent deal, US crypto broker-dealer Voyager Digital on Feb. 11 achieved a "backdoor" listing on Toronto`s Venture Exchange after it bought control of mineral exploration firm UC Resources.

Mystery deepens over dead CEO with $145 mn worth cryptocurrency passwords

Mystery deepens over dead CEO with $145 mn worth cryptocurrency passwords

Sat, Feb 09, 2019

"In an application to probate the will, filed on December 21, 2018, Robertson confirmed that the gross value of Cotten`s personal property - all of which was left to her - was $9.6 million. She was granted the right to administer his estate as executor on January 2," the report claimed.

Cryptocurrency firm Robinhood wins New York trading license

Cryptocurrency firm Robinhood wins New York trading license

Fri, Jan 25, 2019

Robinhood is an online brokerage platform that allows retail investors to trade U.S. stocks and exchange traded funds, without paying any commissions. It competes with established brokerage houses such as TD Ameritrade and E*Trade Financial Corp.

Cryptocurrency fraud: Beware! Save your money - How not to fall into this cheating trap

Cryptocurrency fraud: Beware! Save your money - How not to fall into this cheating trap

Thu, Jan 10, 2019

Cryptocurrency fraud: Next time someone approaches you to invest in virtual currency, beware!

Jammu and Kashmir Police warns against investing in cryptocurrency

Jammu and Kashmir Police warns against investing in cryptocurrency

Wed, Jan 02, 2019

The Reserve Bank of India (RBI) has not given any license and authorisation to any entity and company to operate in such schemes or deal with bitcoin or any virtual currency, and such cryptocurrencies do not have any regulatory permission or protection in India, the advisory stated.

Bitcoin under $3,500 now! This cryptocurrency's journey is hair-raising

Bitcoin under $3,500 now! This cryptocurrency's journey is hair-raising

Mon, Nov 26, 2018

Bitcoin, the virtual currency which had made many millionaires after it witnessed a steep rise in its value last year has, since then, has made many others poorer by same amounts over the recent weeks.

Bitcoin falls below USD 5,000 for first time since Oct 2017

Bitcoin falls below USD 5,000 for first time since Oct 2017

Tue, Nov 20, 2018

Bitcoin is now down more than 30 percent since last Thanksgiving, when it gained household-name status and became a common topic around dinner tables.

Nasscom calls Cryptocurrency illegal; asks players to obey the law and seek govt clarification

Nasscom calls Cryptocurrency illegal; asks players to obey the law and seek govt clarification

Thu, Oct 25, 2018

Ghosh said from Nasscom perspective, it was very clear that cyptocurrencies were illegal.

Japanese messaging app operator Line to launch cryptocurrency

Japanese messaging app operator Line to launch cryptocurrency

Fri, Aug 31, 2018

The company said the digital coin "LINK" will be given as rewards to users of its services and could be traded with other cryptocurrencies at its crypto exchange, BITBOX. The coin is not available for users in Japan and the United States for regulatory reasons, it said.

Singapore's Golden Gate Ventures launches $10 million cryptocurrency fund

Singapore's Golden Gate Ventures launches $10 million cryptocurrency fund

Fri, Aug 10, 2018

Singapore-based venture capital firm Golden Gate Ventures said on Friday it will launch a $10 million fund to invest in cryptocurrency and blockchain technology startups.

Bitcoin is trash? See how Mastercard CEO Ajay Banga blasted cryptocurrencies

Bitcoin is trash? See how Mastercard CEO Ajay Banga blasted cryptocurrencies

Thu, Jul 26, 2018

"I think crypto-currency is junk .The idea of an anonymized currency produced by people who have to mine it, the value of which can fluctuate wildly - that to me is not the way that any medium of exchange deserves to be considered as a medium of exchange," Mastercard President and CEO Ajay Banga said.

Cryptocurrency trading: No escaping taxation on income earned

Cryptocurrency trading: No escaping taxation on income earned

Wed, Jul 11, 2018

A number of investors had anticipated this move had exited their positions right after the RBI directive. These individuals will come under the tax bracket and will have to figure out the slab rate and do the needful. However, there are individuals who believe in the crypto ecosystem and are still holding on to their positions. In the absence of a clear categorisation or recognition of the crypto assets by the government, it will be difficult for tax authorities to ascertain a benchmark value for crypto assets.

Bitcoin moves near $7,000 after Square's Cash app gets crypto trading approval in New York

Bitcoin moves near $7,000 after Square's Cash app gets crypto trading approval in New York

Tue, Jun 19, 2018

Bitcoin is trading today at $6,762.04, above 4.24%, with a market valuation of $115.65 billion, as per CoinMarketCap.

Cryptocurrencies find favour with rich; HNWIs want better advice on virtual currencies

Cryptocurrencies find favour with rich; HNWIs want better advice on virtual currencies

Tue, Jun 19, 2018

Rich people are increasingly showing interest in cryptocurrencies and want more information about the virtual currencies from their wealth managers, according to a report released today

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