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They admitted to luring between 4,000 and 5,000 people, mostly government employees, from different parts of the district under the pretext of offering returns if they invested in bitcoin trading every day.
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Let’s discuss some of these prerequisites specific to the crypto industry.
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According to the data presented by the analytics firm IntoTheBlock, the number of reported Bitcoin transactions increased to nearly 703,000, representing not only the highest number recorded in 2023, but also the highest transaction volume seen in nearly two years.
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Bitcoin value suffered more than 2.7 per cent loss after the Binance layoff news.
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The order for Firoz Patel, 48, came on Wednesday, shortly before he reported to prison in another case in 2021
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In a shocking incident, a second-year B.Com student allegedly hanged himself after losing his Rs 3.5 lakh investment in Bitcoin.
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Hyderabad: The prices of all cryptocurrencies have been steadily declining over the last month. Especially, top coins like Bitcoin and Ethereum have been suffering a dip due to selling pressure in the last few weeks. Many are of the opinion that cryptocurrencies are unlikely to recover anytime soon, but a few investors are still in […]
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Bitcoin prices had stabilised around the $23,000 to $24,000 level after plunging below $20,000 in June.
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By William D O’Connell There is a well-known saying shared by both crypto experts and sceptics: “Not your keys, not your coins.” The phrase, popularised by Bitcoin entrepreneur Andreas Antonopoulos, refers to how the contents of a crypto wallet are the property of whoever has access to that wallet’s digital “keys.” This means that unless […]
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New Delhi: Tesla has sold 75 per cent of its Bitcoins, adding $936 million in cash to its balance sheet in the second quarter (Q2) this year, as it deals with economic meltdown amid cryptocurrencies falling off the cliff. Last year, Tesla made a $1.5 billion investment in Bitcoin and announced that it would accept […]
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New Delhi: As foreign portfolio investors continue to pull out money from the Indian equity market, the sell-off in the crypto market and the digital asset space has also accelerated in the wake of global economic meltdown. More than $200 billion were wiped off the entire cryptocurrency market this week and the globally crypto market […]
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Hyderabad: A woman advocate lost Rs 55 lakh to fraudsters who lured her with high profits in cryptocurrency trading. The victim, a resident of Secunderabad had found nearly a month ago that a woman Ammie added her to a WhatsApp group where regular updates about crypto business were posted. For a few days, she followed […]
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San Francisco: Top cryptocurrency Bitcoin (BTC) further nosedived to around $21,000 per coin on Tuesday, a level it saw some five years ago. It was hovering around Rs 20,000-Rs 21,000 per BTC as the global crypto market crashed owing to the weak macroeconomic environment and systemic risk from within the crypto space. Bitcoin has fallen […]
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San Francisco: Twitter co-founder and Block CEO Jack Dorsey on Friday partnered with artist Shawn Carter, popularly known as Jay-Z, to launch The Bitcoin Academy — an educational initiative in New York. The initiative is a 12-week free educational course, both online and in person, for residents of the Marcy Houses in Brooklyn, where Jay-Z […]
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Hyderabad: An increasing number of millennials and Gen Z are viewing Bitcoin as a means of exchange rather than an asset class. According to a report by global peer-to-peer platform Paxful, users in Hyderabad grew by over 135 per cent in the last year alone. And between 2019 and 2020, user sign ups grew by […]
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New Delhi: Bitcoin on Sunday witnessed another round of free fall, slipping below $35,000 per coin, as the global crypto market went through a massive slump of over 4.5 per cent in the past 24 hours to $1.66 trillion. All cryptocurrencies were weighed down as central banks globally tried to control inflation by raising interest rates. […]
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Helena: For the past year a company that “mines” cryptocurrency had what seemed the ideal location for its thousands of power-thirsty computers working around the clock to verify bitcoin transactions: the grounds of a coal-fired power plant in rural Montana. But with the cryptocurrency industry under increasing pressure to rein in the environmental impact of […]
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The last year has seen an incredible boom in the blockchain gaming sector, a genre of games where players can spend their time and resources to collect rewards that can then be traded using cryptocurrency (Bitcoin, Ethereum) channels. Axie Infinity, a game designed by Vietnamese developers Sky Mavis is one of the most popular blockchain […]
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Hyderabad: Crypto is the new black and could be here to stay. Even though the world of crypto is still volatile with no clarity on the legality of the digital asset, many youngsters are willing to take the risk, albeit with small amounts. For many, after the stock market, investing in cryptocurrency seems to be […]
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Hyderabad: A man from the city was cheated to the tune of Rs.25 lakh in the guise of bitcoin investments for high returns. The victim, who is a resident of Sanathnagar and a private employee, was approached by the suspects Mallikarjun and Manikanta, who promised high returns for investments for his investments in their company […]