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…
It’s difficult to imagine what one human body can endure after being hit by a large truck. Even the slightest impact has the potential of breaking bones, tearing ligaments and tendons, or even dislocating joints. As if the injuries weren’t bad enough on their own, they are often compounded by other elements introduced into the…
The CEO of cryptocurrency exchange crypto.com, a cryptocurrency platform endorsed by famous Hollywood actor Matt Damon, has confirmed that hundreds of user accounts were hacked and their funds stolen. CEO Kris Marszalek told the media that nearly 400 customer accounts had been compromised. During the hack, Crypto.com paused its users’ ability to withdraw funds. “We…
Chancellor of the Exchequer Rishi Sunak has laid out plans for the UK’s Financial Conduct Authority (FCA) to crack down on misleading adverts of cryptocurrency, bringing it in line with other financial promotions. A consultation response, published on Tuesday, sets out the UK government’s plan to bring the promotion of so-called cryptoassets within the scope…
