Page 22 - Cryptocurrency

Bitcoin's 60% rally from July lows may be running out of steam

The largest cryptocurrency fell as much as 4.4% Thursday to $46,588, with other tokens including Ether retreating along with the Bloomberg Galaxy Crypto Index.

El Salvador readies Bitcoin rollout with 200 ATMs for conversion

The government will install 200 of the teller machines to initially accompany its digital wallet called Chivo, a local slang term for 'cool,' President Nayib Bukele said on Twitter

PayPal Holdings launches crypto buying and selling in the UK

Rollout is first international expansion of company's cryptocurrencies outside the US

Bitcoin price surges past $50,000 since May; rebound loses steam

Bitcoin has risen 81% since hitting a yearly low of $27,700 in January.

Binance tightens anti-money laundering checks after regulatory pressure

The exchange, whose holding company is registered in the Cayman Islands, has scaled back its product offerings, including leveraged trading and tokens linked to equities

Vietnam, India top measure of cryptocurrency adoption by individuals

Interest in cryptocurrencies has surged since the onset of the pandemic, in part because of substantial gains by digital tokens like Bitcoin and Ether

Cardano's ADA token is now world's third-largest cryptocurrency

With the so-called ADA crypto jumping around 50% over the past week alone, optimism is rising that new technological enhancements will allow smart contracts on Cardano by its announced goal of Sept 12

'Blitzscaling' in times of uncertainty: Meet Sumit Gupta, CEO, CoinDCX

A large part of the work that Gupta does is focused on educating users and the larger community about investing in cryptocurrencies

Decentralised finance: Latest front in crypto's hacking problem

Peer-to-peer DeFi crypto platforms emerge as major hacking risk; estimated $80 bn or more held on DeFi platforms

Teenagers cash in on the NFT art manic boom

Forget mowing lawns and bagging groceries, some Gen Z kids are finding other ways to make money this summer

Bitcoin's surge lacks extreme leverage that powered past rallies

The spread between Bitcoin futures and its spot price has shriveled relative to February, when cryptocurrency was in midst of a rally that ultimately reached an all-time high

Global cryptocurrency market hits $2 trillion, Bitcoin surges again

The industry players on Friday said the surge in the market cap indicates a wider acceptance of crypto assets across the globe, including in India.

Crypto platform Poly Network rewards hacker with $500,000 'bug bounty'

Poly Network is a decentralized finance (DeFi) platform that facilitates peer-to-peer transactions with a focus on allowing users to transfer or swap tokens across different blockchains.

Explainer: How hackers stole $600 mn in crypto tokens from Poly Network

Hackers pulled off the biggest ever cryptocurrency heist on Tuesday, stealing more than $600 million in digital coins from token-swapping platform Poly Network

Over half of crypto tokens stolen in $610 mn hack now returned: Report

Poly Network, which allows users to transfer or swap tokens across different blockchains, said on Tuesday it had been hit by the cyberheists, urging the culprits to return the stolen funds.

Crypto exchange WazirX sees huge rise in users from tier-2 & 3, women

Exchange has over 7.3 mn users, has clocked over $21.8 bn in trading volume in 2021 till date; Tier-2 and 2 cities have driven 55% of total user sign-ups in 2021

Lionel Messi's Paris St Germain package includes crypto fan tokens

Messi, 34, left Spanish side Barcelona and signed a two-year contract with Paris St Germain (PSG), with an option for a third year, on Tuesday

Cryptocurrency platform loses estimated $600 million in cyberheist

The heist appears to be one of the biggest ever in cryptocurrency markets

Hackers return $260 million to cryptocurrency platform after massive theft

Hackers behind one of the biggest ever cryptocurrency heists have returned more than a third of about $600 million in digital coins they stole, blockchain researchers said

BS Number Wise: Throttling innovation due to speculation may harm Bitcoin

Bitcoin is easily influenced by governments and whims and wishes of famous personalities and companies