Crypto Broker Genesis cuts staff by 20%; Promotes insider as interim CEO
Genesis Trading, based in New York, has nominated chief operating officer Derar Islim as interim CEO and announced a 20% workforce reduction.
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Bitcoin slips below 20k USD tag, hitting all time low since 2017
Bitcoin prices have crashed below the 20k USD tag which is an all time low since the hit in 2017. Check out its new USD and INR returns with current rates.
Bitcoin reclaims $30,000 following the longest weekly loss streak since 2011
The biggest digital cryptocurrency gained on Monday after falling for seven weeks in a row, the longest losing trend since August 2011.
Bitcoin below $30,000, European regulators warn against crypto volatility
In Asian trade on Monday, bitcoin plummeted 5% to roughly $29,700, following stock market declines due to concerns about soaring inflation and rising interest rates.
Crypto Markets in freefall, Bitcoin drops below $30,000 twice in a week
Over the last two weeks, the cryptocurrency market has been in freefall. Bitcoin, the world's first digital currency, plunged below $30,000 twice in a week, reaching its lowest level in 16 months.
Bitcoin falls below USD 27,000 for first time since Dec 2020
The price of Bitcoin lost 14 per cent of its value on Thursday, dropping below $27,000 for the first time since December 2020, according to trading data.
FinMin proposes reforms to strengthen digital currency taxation standards
According to the revisions to the Finance Bill, 2022 that have been circulated among Lok Sabha members, the ministry intends to delete the term 'other' from the provision dealing with the set-off of losses from gains in virtual digital assets.
BGMI maker Krafton Labs partners with Solana Labs for blockchain-based gaming
Krafton and Solana Labs are preparing to form a long-term partnership for the creation and management of blockchain and NFT-based games and services.
MakeMyTrip launches limited edition NFTs on Indian tourism
MakeMyTrip promises that the revenues from the sale of those NFTs would be used to support programs aimed at promoting sustainable tourism in the country.
Ukraine to launch NFT collection representing Russia-Ukraine war
NFTs are any digital assets stored on a Blockchain distributed database, such as a drawing, painting, music, GIF, and so on.
Cryptocurrency donation to Ukraine exceeds $35 million
When it comes to the Russia-Ukraine issue, cryptocurrency is playing an important role. To date, Ukraine has raised more than $35 million in cryptocurrency.
Is it legal to trade cryptocurrencies in India: SC to Centre
The question was addressed by a bench chaired by Justice DY Chandrachud while hearing a petition by one of the accused in the GainBitcoin fraud, Ajay Bhardwaj, wanting the charges against him to be dropped.
US President Joe Biden likely to issue order on cryptocurrency regulation this week: Report
This week, US President Joe Biden is expected to sign an executive order outlining the federal government's digital asset policy.
Countries that have turned crytpocurrencies into a legal tender
El Salvador on Tuesday 15th February became the 1st country to bring in bitcoin as an official legal tender sparking ruthless comments from IMF.
RBI guv Shaktikanta Das warns crypto investors; says it reminds him of the 17th century ‘Tulip Bubble’
Shaktikanta das says such private cryptocurrencies have not a dime of underlying, 'not even a tulip.' The warning comes days after the Union Budget levied a 30% tax on profits from Bitcoin/Cryptocurrency.
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