cryptocurrency News

US says cryptocurrency a national security issue

Cryptocurrencies, such as bitcoin, had been exploited to support billions of dollars of illicit activity like cybercrime, tax evasion, extortion, ransomware, illicit drugs, human trafficking, Mnuchin said.

Digital currency in India? Government examining pros and cons

Cryptocurrencies are not recognised as legal tenders in the country and the issue of allowing trading in such currencies is being examined by the government, Union Minister Anurag Thakur said Monday.


Facebook's Libra cryptocurrency needs deep thought and detail: UK regulator

Facebook Inc unveiled its Libra digital coin last month, raising immediate concerns over its potential impact on privacy from lawmakers and regulators around the world.

Facebook sees its salvation with its cryptocurrency Libra

Facebook’s Libra is designed to take control of our digital lives.

Mumbai's Rs 500-crore cryptocurrency scam: Main accused believed to be in Dubai

On June 4, 2017, the Crime Branch was tipped off about a cryptocurrency scam in Thane following which it raided Lakhanpal’s office. Fifty-three laptops and the “technical brain” of the scam, Taha Kazi, was arrested.

Facebook wants to launch its cryptocurrency next year but cashing in on India might be tough

Facebook is reportedly working on its cryptocurrency which it plans to roll out by 2020 when the company is slated to launch its digital payments system in a dozen countries.


In South Korea, many banked on cryptocurrency to rise. Now they're mired in debt

A generation of young South Koreans like Kim, looking for a way out of their dead-end prospects, has helped turn the country into a capital of the wild world of cryptocurrencies.

Millions in cryptocurrencies frozen after Canadian founder's death

The founder of Canadian digital platform, Quadriga died suddenly in December, thus locking about C$180 million (US$137.21 million) in cryptocurrencies in the user accounts of the platform as he was the only person with the password to gain access.

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.

Bengaluru: Two founders of cryptocurrency exchange held

The firm, a Bengaluru start-up that has been around for over a year, claims on social media that it is “India’s leading crypto assets and block chain company’’.