"cryptocurrency"

Financial Intelligence Unit penalised the company for violating domestic anti-money laundering regulations

They invested the money in installments and the fake website created by the crook who showed high returns.

The suspects allegedly provided bank accounts to the cyber fraudsters to transfer the fraud money. The arrested persons were identified as Noushad and Ahmed Kabeer, both bank account suppliers from Kasargod in Kerala.

Imposing a total ban on cryptocurrencies is neither feasible nor desirable because large investments have already been made in such instruments

The details of two other cases were not shared by the agency because of the ongoing operation.

They lured the initial investors by promising them high returns in a short span of time. They also created a network of investors, who further expanded the chain within their own circles.

The adoption of crypto roadmap by finance ministers and central bank governors of the G20 nations is a step in the right direction

For Kavuri, who lives in the East Midlands in the UK, years of savvy, stressful and successful trading were down the drain when he lost $2.1 million (1.7 million pounds), reports the BBC

The crypto space saw a shocking $20.6 billion worth of illicit transactions last year, the highest figure in the market's history.

The official said there are risks associated with cryptocurrencies as there are the same set of entities who act as depository and clearing systems, unlike that in the stock market.

Taming an unregulated cryptocurrency market is possible only when countries can agree on a standard regulatory framework.

Most experts agree the North Korean government is using these stolen cryptos to fund its nuclear weapons programmes.

Canberra: Not long ago, FTX was one of the world’s largest trading platforms for cryptocurrencies. Founded in 2019, the Bahamas-based crypto exchange had a meteoric rise to prominence, and was valued at more than USD 30 billion earlier this year. All that has changed in the past two weeks. First, concerns emerged about links between […]

RBI has already announced that it will pilot Central bank digital currency, the digital equivalent to the rupee, this year, read here to know what it means.

Hyderabad: A man was duped of Rs 40 lakh on the pretext of investment in cryptocurrency by fraudsters. The victim, who works in a restaurant, is a resident of old Bhoiguda in Secunderabad. A few weeks ago, he got acquainted with one person on Facebook. The man introduced himself as a businessman trading in cryptocurrency […]

Hyderabad: A businessman from Mehdipatnam in the city lost Rs.1 crore to cyber fraudsters who conned him into making investments in cryptocurrency trade. According to the police, the victim noticed that his mobile number was added to a WhatsApp group that had several people who are reportedly dealing in cryptocurrency and making huge profits. After […]

Hyderabad: No man has ever succeeded without experiencing failure. Obstacles and challenges are a part of what makes life fascinating. They are crucial to the course of life. Your genuine potential, talents, and the best parts of you emerge from difficulties and hurdles. However, how hard you worked to overcome hurdles and succeed instead of […]

Connections across boundaries are becoming faster and stronger as technology continues to advance. While this is wonderful for families, long-distance friends and people with common interests, it also makes it easier for traffickers to search out, recruit and exploit unsuspecting victims without getting caught. Cyber trafficking means online trade of humans for forced labour, sexual […]

New York: Two Indian brothers and their Indian-American friend have been charged in the US in the first-ever cryptocurrency insider trading scheme in which they made illicit profits totalling over a million dollars. Ishan Wahi, 32, and his brother Nikhil Wahi, 26, are citizens of India and were residing in Seattle while Sameer Ramani, 33, […]

By Aditya Deshbandhu The last three years have been extremely challenging to gaming fans as they have struggled to find the graphic card they desire owing to the manufacturers’ inability to keep up with the demand. A demand that was constantly rising and impossible to meet owing to the now omnipresent global chip shortage. As […]