Page 11 - Cryptocurrency

Crypto prices moving in sync with stocks, posing systemic risks

Crypto assets such as Bitcoin have matured from an obscure asset class with few users to an integral part of the digital asset revolution, raising financial stability concerns

Softbank-backed Brazilian crypto firm acquires Portuguese exchange

The Brazilian firm, valued at roughly $2.2 billion, declined to disclose the terms of the acquisition, but said the transaction is pending approval with Banco de Portugal, the nation's central bank.

Cryptocurrencies post record outflows in first week of 2022: Report

Cryptocurrency investment products and funds had net outflows last week totaling a record $207 million, a report said

Victims of $200 mn BitMart cryptocurrency hack still waiting for refunds

Victims of a $200 million hack of popular cryptocurrency exchange BitMart are still waiting for their money even after over a month since the exchange was hacked.

Pakistan issues notice to cryptocurrency exchange in $100-mn scam

Pakistan's Federal Investigation Agency (FIA) said that it had issued a notice to Binance

Top headlines: Quarantine for flyers from abroad, CCI probe against Google

India climb up the ladder of emerging tech patents, shows data. More in today's top headlines

Morris Coin scam: At least 1.1 million investors may have been cheated

The companies that were raided include Bengaluru-based Long Rich Technologies, Longrich Global, and Morris Trading Solutions, among others

Bitcoin drops to 3 month-low after US Fed signals interest rate hike

Bitcoin declined to three-month lows on Friday as minutes of the latest US Federal Reserve meeting raised possibility the central bank could boost interest rates as soon as March, Barrons reported.

Bitcoin hits lowest since September in drop of 40% from record

The largest cryptocurrency declined as much as 4.9% to $41,008, marking a tumble of about 40% from its record near $69,000 reached Nov. 10

Bitcoin, ether near multi-month lows following hawkish Fed minutes

The world's largest cryptocurrency was last at $42,700, down 1.7%, having lost 5.2% on Wednesday. A break below last month's trough of $42,000 would make it the weakest since September

Cryptocurrencies see outflows in final week of 2021: CoinShares data

The final week of 2021 saw a third straight week of investment outflows from cryptocurrency funds, data from digital currency manager CoinShares showed.

More than a third of India's urban dwellers oppose crypto law: Survey

Those opposed to regulation cited concerns ranging from heavy taxation to a potential outright ban on non-exchange-traded tokens

Cryptocurrency service providers seek clarity on taxation

The leading Cryptocurrency exchange WazirX, which has been a major focus of the DGGI crackdown, has paid Rs 49.2 crore as GST with interest and penalty

What does a GST probe against exchanges mean for crypto taxation?

The Directorate General of GST Intelligence recently launched a probe over alleged GST evasion against crypto exchanges. Will this nudge the govt to put a regulatory framework for cryptocurrencies?

TMS Ep79: Real estate, WazirX GST probe, FMCG stocks, home loan rates

Will omicron impact the real estate sector? What are the lessons from the GST probe against WazirX? Stock-price correction awaits FMCG? What to consider while taking a home loan? All answers here

Bitcoin at $100,000 or will the bubble get popped by Fed? What experts say

Bitcoin traded at around $46,100 on Tuesday as of 9:52 a.m. in Hong Kong, up about 0.2% on the day.

CryptoWire introduces India's first global index of cryptocurrencies IC15

CryptoWire announced launch of India's first index of Cryptocurrencies - IC15, which is a rule-based broad market index by market cap.

Best of BS Opinion: The network era looms, cryptocurrency conundrum & more

Here are the top BS Opinion pieces of the day

DGGI cracks down on crypto exchanges, Rs 70 cr tax evasion detected: Report

The DGGI is investigating Coinswitch Kuber, CoinDCX, BuyUCoin and Unocoin, say sources

Crypto exchange WazirX fined Rs 49.20 crore for Rs 40,5 cr tax evasion

The GST officials said the Mumbai Commissionerate while investigating the business activities of a cryptocurrency exchange, WazirX, detected GST evasion of Rs 40.5 crore.