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While the opinion may be divided on legitimising cryptocurrency, a blanket ban could be counter-productive, given the global trends in the growth of the virtual currency market. Prime Minister Narendra Modi’s call for a collective and synchronised global policymaking around the blockchain-backed digital currencies must be seen against the backdrop of conflicting policy formulations floating […]
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Mumbai: GST Mumbai East Commissionerate of Mumbai Zone on Friday detected a GST evasion worth Rs 40.5 crores and recovered Rs 49.20 crores in cash pertaining to GST evaded, interest and penalty from the cryptocurrency exchange WazirX. As per a press release from the Commissionerate, the detection was made while investigating the business activities of the […]
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Hyderabad: The Hyderabad cybercrime police who are investigating the case where in a man from the city reportedly lost Rs 2.2 crore to cyber fraudsters have sent emails to different companies asking them to freeze the accounts. The victim, a resident of Secunderabad, had approached the cybercrime police last week claiming that some persons had […]
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Hyderabad: The workplace around the globe and particularly in India is undergoing a significant digital transformation. And in times of these changes, employees need to reskill themselves to meet the demands of the evolving business landscape. The top surging workplace skills in India are algorithmic trading and Next.js even as cryptocurrency, software practices, python scripting […]
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Kolkata: Former Reserve Bank of India Governor Duvvuri Subbarao has said the central bank could lose control over money supply and inflation management if cryptocurrency is allowed in the country. Speaking at a webinar organised by the National Stock Exchange (NSE) and New York University (NYU) Stern School of Business, Rao also said India’s case […]
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Hyderabad: Two of the most popular topics in the post pandemic world have been work from home and cryptocurrency and ransomware attackers are all set to exploit these two areas in the upcoming year as well. According to cybersecurity experts from Avast, they foresee cybercriminals making advancements to ensure the effectiveness of ransomware, a continuation […]
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New Delhi: The government will soon bring in a new Bill on cryptocurrency after it is approved by the Union Cabinet, said Finance Minister Nirmala Sitharaman on Tuesday in the Rajya Sabha. A Bill on Cryptocurrency and Regulation of Official Digital Currency for introduction in the Lok Sabha has been included in the Lok Sabha […]
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With an estimated 15 to 20 million crypto investors, and no clarity on the size of the Indian crypto market, a blanket ban is set to shake up the entire crypto ecosystem.
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New Delhi: As India and the US prepare to fix an unregulated world of cryptocurrencies, top Swedish financial and environment authorities have called for an European Union (EU)-wide ban on cryptocurrency mining, saying the consumer risks are significant as crypto assets are commonly used for criminal purposes such as money laundering, terrorist financing and ransomware […]
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New Delhi: Indian business tycoon Anand Mahindra said that he has not invested a “single rupee” in cryptocurrencies. The billionaire shared some screen grabs which claimed that he has made tons of money using a cryptocurrency investment platform. The screenshots of the report stated that he made money using a crypto coins auto-trading programme Bitcoin Era. […]
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New Delhi: The government is mulling changes in the income tax laws to bring cryptocurrencies under the tax net, with some changes that could form part of the Budget next year, a top official said. Revenue Secretary Tarun Bajaj said that in terms of income tax, some people are already paying capital gains tax on […]
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New Delhi: Prime Minister Narendra Modi on Thursday urged all democratic nations to work together to ensure that cryptocurrency does not end up in the wrong hands, cautioning that it can spoil the youth. In a virtual address at the Sydney Dialogue, he said the digital age is changing everything as it has redefined politics, […]
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The crypto stakeholders and the government have reached a consensus that such advertisements are misleading youths and must be curbed.
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Twitter users saw this as a rare insight into how Cook manages his portfolio, as also revelation that he has done some research on crypto.
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The ball is currently in the court of the Finance Ministry and the Reserve Bank of India (RBI). A cryptocurrency bill is expected in the winter session and till the whole picture is cleared, investing in cryptocurrencies can be a dangerous move, warn legal experts.
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Analysing what makes GPUs ideal for mining blocks and hashes
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Bitcoin has crossed the $46,000 mark (more than Rs 34 lakh for single coin) once again. The most popular cryptocurrency has been trading in the green with a market cap of more than $848 billion, according to CoinMarketCap.
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The two executives from the Blockchain Credit Partners company used the Ethereum blockchain to sell cryptocurrencies to investors while misleading them about the company's profitability, reports The Verge.
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Foresees avenues to increase offerings to payments industry and opportunity to serve neobanks and cryptocurrency sectors in future
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A company spokesperson told Insider that it was "inspired by the innovation happening in the cryptocurrency space and are exploring what this could look like on Amazon."
