Page 6 - Cryptocurrency
Legal or illegal? SC asks Centre to make its stand clear on Bitcoins
The Reserve Bank of India's order banning banks from supporting crypto transactions, was reversed in March 2020, by the Supreme Court.
 "Legal or illegal? SC asks Centre to make its stand clear on Bitcoins")
Bitcoin helping Russia evade financial sanctions, Putin may legalise crypto
Bitcoin surged to $39,000 in a quick rally following Biden's sanctions after dipping below $35,000 on Thursday when Putin declared war on Ukraine
 "Bitcoin helping Russia evade financial sanctions, Putin may legalise crypto")
Bitcoin donations soar for Ukrainian army amid war with Russia
Come Back Alive, a Ukrainian NGO that raises crypto funds for the Ukrainian army, received more than $400,000 worth of digital tokens in the past day
 "Bitcoin donations soar for Ukrainian army amid war with Russia")
Russia could use cryptocurrency to blunt the force of US sanctions
Russian companies have many cryptocurrency tools at their disposal to evade sanctions, including a so-called digital ruble and ransomware
 "Russia could use cryptocurrency to blunt the force of US sanctions")
ASCI frames guidelines for crypto, NFT-related advertising, promotion
ASCI has clarified that its guidelines should not be read as a legal recognition or endorsement of the industry or sector since that is a matter of government policy
 "ASCI frames guidelines for crypto, NFT-related advertising, promotion")
RBI's views might have delayed crypto bill: Deputy Governor Michael Patra
The government had plans to introduce a bill on cryptocurrencies like Bitcoin during the Winter Session of Parliament in November-December 2021 but did not introduce it
Advertisers must put disclaimers for highly risky cryptos from Apr 1: ASCI
The guidelines say advertisers will have to carry the disclaimer - "crypto products and NFTs are unregulated and can be highly risky
 "Advertisers must put disclaimers for highly risky cryptos from Apr 1: ASCI")
Man took Apple Store worker hostage, demanded $200 mn in crypto
The suspect, in camouflage gear, fired a gun and then held an Apple employee hostage for several hours before being apprehended late on Tuesday.
 "Man took Apple Store worker hostage, demanded $200 mn in crypto")
Biden may issue executive order on regulating cryptos this week: Report
The Biden administration had in September last year, released recommendations proposing that only banks be allowed to issue stablecoins
Amid 40% fall in price, Bitcoin could be laid low by miners' malady
The hashrate, or combined computational power used by bitcoin miners globally, has roughly quadrupled over the past six months to blow past 200 million "terahashes" per second
 "Amid 40% fall in price, Bitcoin could be laid low by miners' malady")
World's largest NFT marketplace OpenSea hacked, users lost NFTs
OpenSea Co-Founder and CEO, Devin Finzer acknowledged the phishing attack, confirming that 32 users have lost NFTs so far.
 "World's largest NFT marketplace OpenSea hacked, users lost NFTs")
Tesla to accept Dogecoin as payment at Supercharging station
In a recent interview, Musk had also endorsed Dogecoin over any other crypto coin.
 "Tesla to accept Dogecoin as payment at Supercharging station")
Singaporeans fall prey to Chinese-origin 'pig-butchering' crypto scam
Fraudsters reportedly spend months cultivating a relationship with the victims before urging them to invest in schemes
 "Singaporeans fall prey to Chinese-origin 'pig-butchering' crypto scam")
'Promote shady crypto investment and you can be held liable,' says US court
In a landmark decision that can have its ramifications in various countries such as India, US court said that influencers and promoters could be held liable for "peddling shady crypto investments".
Hollywood actress Reese Witherspoon to adapt NFTs into movies, TV Shows
Witherspoon's Hello Sunshine has partnered with World of Women (WoW), the NFT collective, for the adaptations of non-fungible tokens
 "Hollywood actress Reese Witherspoon to adapt NFTs into movies, TV Shows")
New York Stock Exchange files trademark application for NFT marketplace
The New York Stock Exchange has filed an application to register the term 'NYSE' for a marketplace for non-fungible tokens (NFTs)
 "New York Stock Exchange files trademark application for NFT marketplace")
'Made me quite sad': Musk recalls billionaire who said Tesla would fail
Elon Musk has revealed that billionaire investor and Vice President of Berkshire Hathaway Charlie Munger once told him that Tesla would fail
 "'Made me quite sad': Musk recalls billionaire who said Tesla would fail")
El Salvador tells bitcoin-wary US senators to stay out of internal affairs
Senators asked the State Department to submit a report on the implementation of bitcoin in El Salvador with the purpose of assessing the risks it poses to the US economy
 "El Salvador tells bitcoin-wary US senators to stay out of internal affairs")
Govt likely to propose 18% GST on crypto mining, trading entities
Though the date for the next GST Council meeting has not been set, it could happen in March
 "Govt likely to propose 18% GST on crypto mining, trading entities")
Sansad TV says its YouTube channel was compromised by 'scamsters'
Sansad TV, which broadcasts live Lok Sabha and Rajya Sabha proceedings said the channel's Youtube name was changed to "Ethereum" by the attacker
 "Sansad TV says its YouTube channel was compromised by 'scamsters'")
