Tag: cryptocurrency

This comes after the cryptocurrency surged 9% to $88,570 over the last 24 hours, mostly driven by optimism about Donald Trump’s election win leading to crypto-friendly US government policies.(Representational Image/Pixabay)
Posted in Business

Bitcoin nears $90,000, becomes 8th largest asset after surpassing silver: Report

Bitcoin surged to nearly $90,000 over the last 24 hours, mostly driven by optimism about Donald Trump’s election win leading to crypto-friendly US government policies,…

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A souvenir bitcoin token is seen pictured with a 100 ruble bill in Moscow on July 30, 2024(Alexander Nemenov/AFP)
Posted in Business

Bitcoin crosses a record $81,000 after Donald Trump win boosts cryptocurrency prices

Bitcoin rose to a record high of more than $81,000 on Monday after the victory of Donald Trump in the US elections raised expectations that…

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Republican presidential nominee and former U.S. President Donald Trump gestures at the Bitcoin 2024 event in Nashville, Tennessee, U.S. (File image)(REUTERS)
Posted in Business

Bitcoin crosses $80,000 for the first time as traders bet on Donald Trump’s return as US president

The value of Bitcoin soared to a new high as the digital currency surged past $80,000 for the first time in its history on Sunday,…

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WazirX, India's largest cryptocurrency exchange with over 1.5 crore users, went through a cyberattack on July 18 resulting in $235 million worth of crypto tokens being stolen from its wallets. This was nearly 45% of its entire holding assets.(Representational Image)
Posted in Business

WazirX founders meet with government agencies as probe into $235 million crypto hack starts: Report

WazirX founders have been meeting with eight to ten government officials from the Financial Intelligence Unit (FIU), Intelligence Bureau (IB), and the Indian Computer Emergency…

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The Worldcoin logo on a laptop arranged in Germantown, New York, US, on Monday, July 24, 2023. Worldcoin, the digital identity and crypto payments project was co-founded by OpenAI Chief Executive Officer Sam Altman (Gabby Jones/Bloomberg)(Bloomberg)
Posted in Business

Sam Altman wants to scan your eyeballs using Worldcoin, but governments worldwide crack down on it

Governments worldwide are not buying Sam Altman’s Worldcoin initiative, which is a plan to distinguish humans from AI or robots by scanning the eyeballs of…

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Republican presidential nominee and former US President Donald Trump (left) and Republican vice-presidential nominee JD Vance applaud on Day 2 of the Republican National Convention, in Milwaukee, Wisconsin, on Tuesday. (Reuters)
Posted in Business

Bitcoin surges to a one-month high with optimism of second Trump presidency, another record run anticipated

Bitcoin surpassed $67,000 for the first time in more than a month, reviving speculation that the largest cryptocurrency may soon make another run at record…

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fintech companies: Fintechs scramble to tweak systems as DPDP Act looms
Posted in Startups

fintech companies: Fintechs scramble to tweak systems as DPDP Act looms

Meetings with lawyers, detailed impact assessment of every step of a customer journey and redrawing of contractual agreements with business partners — all these are…

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Bittrex to pay $24 million to settle with US securities regulator
Posted in US News

Bittrex to pay $24 million to settle with US securities regulator

Bittrex has agreed to pay $24 million to settle claims by the US Securities and Exchange Commission that the cryptocurrency exchange failed to register with…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

Crypto Pillow: Crypto startup Pillow calls it quits on regulatory woes

Singapore-based cryptocurrency investment startup Pillow, which counts Accel, Elevation Partners and Quona Capital among its backers, said it will be shutting down its operations due…

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Coinbase: US tightens crackdown on crypto with lawsuits against Coinbase, Binance
Posted in US News

Coinbase: US tightens crackdown on crypto with lawsuits against Coinbase, Binance

NEW YORK: The top US securities regulator sued cryptocurrency platform Coinbase on Tuesday, the second lawsuit in two days against a major crypto exchange, in…

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