Bitcoin soars to all-time high, nearing the $100,000 milestone
Nov 22, 2024, at 09:27 pm
New York/IBNS: Bitcoin extended its bullish run on Friday (Nov. 22), reaching a record high of $99,300, edging closer to the much-anticipated $100,000 mark.
Bitcoin surges past $97,000 for the first time amid optimism over Trump’s crypto-friendly policies
Nov 21, 2024, at 07:09 pm
New York/IBNS: Bitcoin reached an all-time high of $97,628 on Thursday (Nov. 21), fueled by expectations of a favourable regulatory environment for cryptocurrencies under President-elect Donald Trump.
Bitcoin soars past $94,000, hits record all-time high
Nov 20, 2024, at 06:08 pm
New York/IBNS: Bitcoin has surpassed the $94,000 mark for the first time, achieving a record all-time high, fueled by reports of potential crypto-friendly moves under US President-elect Donald Trump.
Bitcoin surges past $93,000 amid Trump's pro-crypto stance
Nov 14, 2024, at 06:14 pm
Mumbai/IBNS: Bitcoin surged past $93,000 on Thursday (Nov. 14), hitting a record high as its upward trend gained strength, driven by optimism about potential pro-crypto regulatory policies under President-elect Donald Trump and expectations of further interest rate cuts by the US Federal Reserve.
Bitcoin hits all-time record high over $81,000 as Donald Trump's win turbocharges cryptocurrencies
Nov 11, 2024, at 06:47 pm
Mumbai/IBNS: Bitcoin has surged to a new record high, exceeding $81,000, following the election of US President-elect Donald Trump and his perceived support for digital assets, Bloomberg reported.
Hacker behind $234-million WazirX crypto theft starts washing loot
Sep 04, 2024, at 10:13 pm
Bengaluru/IBNS: The hacker behind India’s worst crypto hack has started laundering some of the $234 million stolen in the incident from the WazirX exchange, acting the same day the platform briefed on efforts to recover funds, reports Bloomberg.
Petition filed with NCLT over WazirX $230 million crypto asset theft
Aug 08, 2024, at 03:16 am
Mumbai: WazirX, along with its infrastructure partner Liminal and other associated entities, is facing a petition with the National Company Law Tribunal (NCLT) due to a $230 million crypto asset theft.
WazirX files FIR in cyberattack incident that wiped out 45% of its crypto assets
Aug 07, 2024, at 02:54 am
Mumbai: Crypto exchange WazirX said Tuesday that following its previous police complaint regarding the $230-million cyberattack last month, a first information report (FIR) was filed at PS Special Cell, PS Lodhi Colony in New Delhi.
Jul 31, 2024, at 07:22 pm
New Delhi/IBNS: In the wake of WazirX’s $230-million security breach, India's crypto and web 3 industry body Bharat Web3 Association (BWA) is creating two new internal groups focused on cybersecurity and consumer issues, MoneyControl reported quoting BWA chairman Dilip Chenoy.
Jul 30, 2024, at 08:34 pm
New Delhi/IBNS: Indian crypto exchange platform WazirX has been facing heat from the industry as well as customers for its "Withdrawal Management Programme: Opinion Poll" in the aftermath of the $230 million hack, 45 percent of its user funds, it suffered earlier in July, reports CoinDesk.
WazirX unveils fund recovery plan after $230 mn cyberattack
Jul 29, 2024, at 07:30 pm
Mumbai/IBNS: Days after losing $230 million to a cyberattack, Indian crypto exchange platform WazirX is launching a fund recovery plan based on a user poll the cryptocurrency platform will conduct by August 3.
Bitcoin surpasses USD 60,000 following attack on former US President Donald Trump
Jul 14, 2024, at 08:30 pm
Bitcoin has jumped higher after an assassination attempt was made on former US President Donald Trump during a rally in Pennsylvania.
Bitcoin soars to $71,000 today: what’s fuelling the rally?
May 22, 2024, at 05:01 am
Mumbai: Bitcoin (BTC) surged above $71,000 early Tuesday, its highest level since early April, while Ether increased by over 19% to $3,700, media reported.
Govt brings crypto trading under anti-money laundering provisions
Mar 09, 2023, at 05:01 am
New Delhi: The government has brought the cryptocurrency industry under anti-money laundering regulations as part of its ongoing efforts to strengthen legal control over digital assets.
ITR Forms for FY 2023-24 include schedule for declaring virtual digital assets
Feb 16, 2023, at 06:59 am
New Delhi: The Central Board of Direct Taxes (CBDT) has notified Income-tax Return Forms (ITR Forms) for the Assessment Year 2023-24 and will come into effect from 1st April 2023, the Ministry of Finance said.
Crypto investors plead for money return after lender files for bankruptcy: Report
Aug 01, 2022, at 05:40 am
Investors who lost money, in some cases their life savings, in the troubled crypto-lender Celsius are pleading for the return of their money, media reported.
Sitharaman points out anonymity as an 'inherent risk' in blockchain technology
May 08, 2022, at 03:16 am
Mumbai: Finance Minister Nirmala Sitharaman on Saturday said anonymity is an "inherent risk" in blockchain technology and stressed the exercise of precaution in the future with the exponential rise in the use of this technology, media reports said.
Crypto investment startup Koinbasket raises $2 million in pre-seed round
May 05, 2022, at 09:24 pm
Bengaluru: KoinBasket, a thematic crypto investment start-up, has announced that it has raised $2 million in a pre-seed funding round.
CoinSwitch hires Ankit Vengurlekar as its first-ever Editor-in-Chief
Apr 21, 2022, at 12:59 am
April 20: Crypto investing app CoinSwitch has appointed Ankit Vengurlekar as Editor-in-Chief to strengthen user education initiatives as part of its mission to build an ecosystem that simplifies Crypto.
Govt working on categorisation of cryptocurrency under GST law: Report
Mar 21, 2022, at 02:34 am
The cryptocurrency may soon be categorised as goods or services under the GST law as the government is working on it to levie tax on the entire value of transactions, media reports said.
CryptoWire in pact with Bitbns to commence trading on crypto index IC15 from April
Mar 02, 2022, at 08:00 am
Kolkata: CryptoWire, a global crypto super app, today said it has entered into an agreement with Bitbns, one of the leading crypto-currency exchanges of the country, to commence trading on India's first global crypto index IC15 next month.
Russia-Ukraine crisis: Crypto markets feel the heat
Feb 26, 2022, at 03:34 am
While the economies across the world are bracing for a tough period following the Russia-Ukraine crisis, the global crypto markets are already feeling the heat, sliding more than 11 percent, said media reports.
Pvt cryptocurrencies will never be legal tender: Finance Secretary
Feb 03, 2022, at 05:18 am
New Delhi/IBNS: Private cryptocurrencies like Bitcoin and Ethereum, as well as non-fungible tokens (NFT) will never become legal tenders as their values are fixed by private entities, Finance Secretary TV Somanathan said Tuesday.
I-T return form to have designated column for crypto gains
Feb 03, 2022, at 02:15 am
New Delhi/IBNS: Income tax return forms will have a different column to mention earnings from cryptocurrency and paying requisite taxes, said Revenue Secretary Tarun Bajaj on Wednesday.
Budget2022: RBI will introduce digital rupee in FY22-23, says Nirmala
Feb 01, 2022, at 05:53 pm
New Delhi: The Reserve Bank of India will introduce digital rupee in FY22-23 using blockchain and other technologies, Union Finance Minister Nirmala Sitharaman announced in her Budget2022 speech in Parliament on Tuesday.
CryptoWire rolls out India's first global index of cryptocurrencies IC15
Jan 04, 2022, at 02:22 am
New Delhi/IBNS: Global crypto super app CryptoWire on Monday announced the launch of IC15, India's first global index of cryptocurrencies, to empower knowledge on the blockchain ecosystem.
Top cryptocurrency service providers raided for massive GST evasion
Jan 02, 2022, at 04:53 am
New Delhi: After the massive GST evasion by Cryptocurrency Service providers WazirX, the Directorate General of GST Intelligence (DGGI) has launched a crackdown on Cryptocurrency exchanges active in the country, media report said.
RBI board discusses Central Bank Digital Currency, private cryptocurrencies in meeting
Dec 18, 2021, at 07:34 am
Mumbai/IBNS: The central board of the Reserve Bank of India (RBI) Friday discussed the issues related to Central Bank Digital Currency (CBDC) and private cryptocurrencies, the RBI said in a press release.
IMF chief economist Gita Gopinath bats for global standards for regulating cryptocurrencies
Dec 17, 2021, at 03:40 am
Mumbai/IBNS: A complete ban on cryptocurrency may be difficult to impose and coordinated global action for regulating them would be the right thing to do, the chief economist of the International Monetary Fund (IMF) said Thursday.
Govt will not ban but regulate all private cryptocurrencies: Report
Dec 03, 2021, at 06:02 am
New Delhi/IBNS: The government has suggested regulating rather than banning the private cryptocurrency while maintaining that it will not be recognised as a legal tender in India.