Bitcoin News

Gujarat: Suspended SP gets bail in Bitcoin extortion case

Superintendent of Police Jagdish Patel was accused of being part of a conspiracy of kidnapping the Surat-based “businessman” Shailesh Bhatt and others in Gandhinagar and extorting cryptocurrency Bitcoin worth crores of rupees.

Facebook to develop stablecoin for WhatsApp transfers: Report

The company is reportedly developing a stablecoin — a type of digital currency pegged to the US dollar — to minimize volatility.


This US state will soon accept taxes in Bitcoins

A report in Wall Street Journal says that Ohio plans to accept taxes in bitcoin and will be the first in the US to do so officially. 

No end in sight for crypto sell-off as Bitcoin approaches $4,000

Bitcoin fell as much as 13 per cent to $4,051, bringing this week’s decline to more than 25 per cent. It traded at almost $20,000 last December.

Delhi bitcoin fraud: Accused’s brother being questioned

Vivek and Amit were arrested in April by a Special Investigation Team of the Pune police, which had taken their custody following their detention from Bangkok. On Thursday, Delhi Police took Vivek's custody and took him to Prashant Vihar police station for questioning.

Cryptocurrency has hit bottom, bitcoin to bounce back: Michael Novogratz

Bitcoin was last valued at $6,419.03, less than a third of its peak near $20,000 in December 2017. Cryptocurrencies, of which bitcoin is the most valuable, are pieces of computer code that are not backed by any central bank or hard asset


Gujarat bitcoins extortion case: Absconding ex-BJP MLA held from Maharashtra

Former Gujarat BJP MLA Nalin Kotadiya, who had extended his support to Patidar leader Hardik Patel, had represented Dhari seat in Amreli district before 2017.

Bitcoin scam mastermind ready to return money to investors, says Pune police

Police sources said Pankaj and Hemant were the agents of Amit and Vivek. Pankaj and Hemant motivated the people to invest in Amit’s firms. Sources said Pankaj and Hemant themselves had purchased more than 200 Bitcoins from Amit. Pune police damage database servers of three firms.

Chandigarh: Mastermind in Bitcoin scam threw lavish parties for investors in Dubai, Macau

All the expenses were borne by his three firms, Gain Bitcoin, GB Minors and GB 21

Blockchain in India: ‘Successful implementations will proliferate country’s prominence as a blockchain destination’

The sectors in India where the greatest potential for blockchain rests, are healthcare, education, and entertainment.