Bitcoin, the largest cryptocurrency by market value, traded at about $35,350 as of 12:05 p.m. in Singapore.
The victim owned cryptocurrencies (6.2 Bitcoin/9.79 Etherum/2.44 Bitcoin Cash) of blockchain mobile wallet
Attempts to predict when and how quickly central banks will raise interest rates and conclude stimulus programmes launched when COVID-19 hit are a major factor driving currency markets at present.
Bitcoin was last hovering around $35K mark, after falling as low as $34,000
Mayor of New York City Eric Adams received his first paycheck in cryptocurrency -- specifically, in a combination of Bitcoin and Ethereum coins
Bitcoin's decline from its peak has wiped out more than $600 bn in market value, and over $1 trn has been lost from the aggregate crypto market
The crypto crash came as the US Federal Reserve raised the possibility of boosting interest rates as soon as March and withdrawing stimulus from the market
Bitcoin is the world's biggest and best-known cryptocurrency
Other cryptocurrencies were similarly in the red as investors offloaded risky bets in a volatile week for global markets
Leading cryptocurrency platform Crypto.com has finally admitted that 483 users on its platform lost almost $34 mn in various digital coins owing to a compromise in two-factor (2FA) authentication.
The largest cryptocurrency dropped as much as 7.4% to $38,261, while second-ranked Ether slid below $3,000.
The sale was led by Three Arrows Capital with participation from Blockchain.com, Accomplice, and a clutch of other institutional and angel investors
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.
The UK government on Tuesday joined a slew of nations in cracking down on misleading cryptocurrency ads to protect consumers.
Spain has now joined countries like Singapore and India, stressing that the advertising of crypto-assets must be clear, balanced, fair and explain risks to the public.
Modi said that steps taken by one country to regulate cryptocurrencies may not be sufficient, given the kind of technology involved
The world's largest cryptocurrency rebounded this week after falling below $40,000 for the first time since September on Monday
The government could consider in the upcoming Budget levying TDS/TCS on sale and purchase of cryptocurrencies above a certain threshold
The world's largest digital token was up 0.6% to $43,080 on Friday as of 3:46 p.m. New York-time.
Aims $1 billion in assets under management by two years; will track large cap metaverse stocks too