Wednesday, December 1, 2021

cryptocurrency

‘Need to regulate cryptocurrency’

"While KYC compliance is already happening, there is no regulation in place to check any kind of suspicious trading activity,” said Sunil Agarwal, dean, Blockchain programme, TalentSprint.

Demystifying cryptos, the virtual currencies

If you plan to trade, do your research and invest conservatively

Rapper Raftaar to accept cryptocurrency for performance

Raftaar said that he has been an ardent admirer of the blockchain technology and accepting payment using the same technology is making his dream a reality.

Hyderabad: Youngster from TN held for cyber blackmail of women teachers

The arrested person has been identified as P. Tamil Selvan (22), pursuing MSc in Psychiatry, and a resident of Revathipuram of Urapakkam in Tamil Naidu.

No change in RBI’s view on cryptocurrencies: Shaktikanta Das

The RBI had first come out with a circular on the issue in 2018, cautioning people about investing in cryptocurrencies, which do not have any sovereign character.

Volatile yet lucrative, Bitcoin becomes Indians’ dream investment

While the short volatile period has widely been touted as a course correction (one Bitcoin is currently hovering around $37,000 after touching a record high of nearly $60,000 just a couple of weeks ago)

US wants crypto transfers over $10K to be reported to IRS

In a new report on tax compliance proposals, the Treasury Department's Office of Tax Analysis estimated that the move will help raise an additional $700 billion in tax revenue over the next 10 years

Musk impersonators steal more than $2M in cryptocurrency

The $2 million figure was revealed in a larger report on cryptocurrency published by the FTC, it added.

All about Bitcoin cryptocurrency

Bitcoin is a form of digital currency that is created and held electronically on a computer.

Ethereum founder donates $1.14bn in crypto to Covid-hit India

Sandeep Nailwal, the man behind India Covid-Crypto Relief Fund, said that they will not "do anything which hurts the retail community involved with $SHIB".

Musk-promoted Dogecoin crashes as he appears on ‘SNL’ TV show

When SNL first went live on NBC and was streamed in over 100 countries for the first time ever, the cryptocurrency hovered around 69 cents but as the show was on, the price dropped to 56 cents, a 12 per cent plunge.

S Korea to clamp down on cryptocurrency phishing activity

The ICT ministry said there have recently been increasing reports of phishing attempts via text messages that lead cryptocurrency users to enter their exchange IDs and passwords on fake websites to steal them and access their accounts.

Signal tests peer-to-peer payments via cryptocurrency

The company said it aims payments in Signal to be fast, private, and work well on mobile devices.

Reserve Bank of India flags major concerns over cryptocurrency

Both RBI and government are committed to financial stability. We have flagged certain concerns around cryptocurrencies which are being traded in the market. We have flagged certain major concerns to the government

You can buy a Tesla with Bitcoin in US, says Elon Musk

The electric car company announced to start accepting Bitcoin as payment over a month ago. Tesla has already invested $1.5 billion in Bitcoins.

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