By Tom Wilson and Medha Singh LONDON (Reuters) -Bitcoin tumbled over 7% on Monday to its lowest in six months, as fears of a Russian attack on Ukraine saw riskier assets worldwide extend their selloff. The largest cryptocurrency trading down 7.4% at $33,650, its lowest since July 24, taking losses from its all-time high of…
A Delhi resident’s cryptocurrency worth Rs 30 lakh (current value Rs 4.5 crore) was fraudulently transferred to three different foreign accounts of which one belonged to Al-QassamBrigates, a military wing of the Palestinian organisation, Hamas. “The complainant had reported that some unknown persons had fraudulently transferred his Bitcoins, Etherum and Bitcoin cash, worth Rs 30,85,845…
After several users complained about issues with logging back to their accounts on Crypto.com after the platform was hit by a $34 million hack, its CEO Kris Marszalek has been forced to respond on social media how best they can get back their accounts. Thousands of people took to social media to complain that they…
A pre-Budget expectations survey on Saturday showed a growing demand for increasing regulatory focus on the cryptocurrency sector. As per the Grant Thornton Bharat survey, nearly 79 per cent of the respondents feel that Budget FY23 should focus on regulating cryptocurrencies and NFTs. Besides, more than 75 per cent of the respondents feel that the…
The newly elected Mayor of New York City Eric Adams has received his first paycheck in crypto via Coinbase’s Direct Deposit, media report says. According to ZDNet, Adams received his first paycheck in cryptocurrency — specifically, in a combination of Bitcoin and Ethereum coins — becoming the first mayor of the Big Apple to have…
Bitcoin dropped 9.28% to $36,955.03 at 22:02 GMT on Friday, losing $3,781.02 from its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is up 2.4% from the year’s low of $36,146.42. Ether, the coin linked to the ethereum blockchain network, dropped 12.27% to $2,631.35 on Friday, losing $368.18 from its previous close. (Reporting…
Bitcoin, along with other digital cryptocurrencies, crashed to its lowest level on Saturday and the continuing meltdown has wiped out over $1 trillion from the global crypto market value. Bitcoin was hovering at $35,000 per coin and the largest digital asset by market value has lost more than 40 per cent since reaching its peak…
Leading cryptocurrency platform Crypto.com has finally admitted that 483 users on its platform lost almost $34 million in various digital coins owing to a compromise in two-factor (2FA) authentication. Overall, the unauthorised withdrawals had over $15 million worth of etherum, $19 million worth of Bitcoin and $66,200 in “other currencies”. The platform said late on…
Crypto currency staking management platform Stader Labs, has raised $12.5 million in a strategic private sale that values the company up to $450 million. The sale was led by Three Arrows Capital with additional participation from Blockchain.com, Accomplice, DACM, GoldenTree Asset Management, Accel, Amber, 4RC, Figment and select angels, including Prabhakar Reddy, Cofounder of FalconX…
Question: Does your credit score affect insurance rates? Answer: If you have ever applied for a car lease, credit card, insurance, or a loan for your home or business, then you must probably know the answer. YES, it does! You might get surprised by the fact that your credit score not only affects your…
