Cryptocurrency

In its first ever raids in the Union Territory of Ladakh, the Enforcement Directorate on Friday conducted searches as part of its money laundering probe linked to a fake cryptocurrency operator, officials said.

ByBit, the crypto exchange based in Dubai, said it has received multiple requests from Indian merchants urging support for eRupee transactions. This eRupee feature for ByBit’s P2P transactions will let merchants accept payments in the form of the eRupee, reducing the risk of their bank accounts being targeted by cybercriminals.

Coinbase has onboarded three new board members. These include Chris Lehane, a member of the executive team at OpenAI; Paul Clement, former US Solicitor General under President George W. Bush; and Christa Davies, chief financial officer for Aon.

The overall crypto market cap dipped by nearly one percent in the last 24 hours. Bitcoin and Ether, both registered losses on Thursday, July 31. Cardano and Dogecoin joined BTC and ETH on the loss-making side of the crypto charts. Only a handful of cryptocurrencies registered profits.

Crypto scammers have been found impersonating BlackRock officials to deceive their victims. In investment scams, fraudsters often use limited-time offers to pressure victims, making the lure of a substantial reward overshadow their better judgment. BlackRock has released an urgent warning to the crypto community.

The self-custody feature allows crypto holders to keep the private keys to their respective wallets with themselves rather than storing them with the exchanges. Giottus, a rival of the recently hacked WazirX crypto exchange, has addressed some of the challenges facing self-custody of crypto assets in India.

Built like crypto but regulated by the RBI, India's eRupee CBDC is currently under its advanced trial phase. The country’s apex bank, at this point, is looking at the eRupee to become a tool to improve India’s cross border transactions and take the INR to an international level.

WazirX has planned a strategy aiming to build back its business after the recent hack. As part of this plan, the exchange has decided to distribute the impact of this loss ‘equitably’ among all of its users – regardless of whether or not their funds were directly impacted by this hack. The development has stirred controversy in India’s cryp...

The overall crypto market cap rose by over three percent in the last 24 hours. Bitcoin and Ether reflected gains alongside Avalanche, Polkadot, and Chainlink on Monday, July 29. The dominance of BTC and ETH on the market, as of now, stands at 55.5 percent and 16.3 percent, respectively.

Liminal has refuted recent allegations by WazirX that claim that the point of breach in this wallet hack was not from its end, but because of Liminal’s screening system failure. The wallet infrastructure firm has reiterated that its platform continues to operate seamlessly and has been processing transfers and withdrawals for all of its customers...

Former President Donald Trump has promised to make the US a "Bitcoin superpower" if returned to the White House and said that he will appoint an advisory council to design transparent regulatory guidance for the benefit of the entire industry.

Two merchant navy officers were among three arrested in a cryptocurrency theft case and around Rs 2.5 crore, including Rs 1.25 crore in cash and the remaining in digital currencies, was recovered, police said on Friday.

WazirX has claimed that its own signers’ machines were not compromised in the recent hack, as shown in its internal investigation. The exchange has alleged that Liminal’s infrastructure was used by hackers to facilitate this attack.

The Cardano blockchain is set to undergo the ‘Chang’ upgrade after September 2022’s Vasil upgrade. As per the team, the Cardano community will be responsible for maintaining and shaping the blockchain network once the upgrade is completed.

The overall crypto market cap rose by 3.27 percent in the last 24 hours. Most cryprocurrencies recorded gains on Friday, July 26. Ripple, Dogecoin, and Cardano joined Bitcoin and Ether in reflecting profits. Circuits of Value showed losses on Friday.

In its first ever raids in the Union Territory of Ladakh, the Enforcement Directorate on Friday conducted searches as part of its money laundering probe linked to a fake cryptocurrency operator, officials said.

ByBit, the crypto exchange based in Dubai, said it has received multiple requests from Indian merchants urging support for eRupee transactions. This eRupee feature for ByBit’s P2P transactions will let merchants accept payments in the form of the eRupee, reducing the risk of their bank accounts being targeted by cybercriminals.

Coinbase has onboarded three new board members. These include Chris Lehane, a member of the executive team at OpenAI; Paul Clement, former US Solicitor General under President George W. Bush; and Christa Davies, chief financial officer for Aon.

The overall crypto market cap dipped by nearly one percent in the last 24 hours. Bitcoin and Ether, both registered losses on Thursday, July 31. Cardano and Dogecoin joined BTC and ETH on the loss-making side of the crypto charts. Only a handful of cryptocurrencies registered profits.

Crypto scammers have been found impersonating BlackRock officials to deceive their victims. In investment scams, fraudsters often use limited-time offers to pressure victims, making the lure of a substantial reward overshadow their better judgment. BlackRock has released an urgent warning to the crypto community.

The self-custody feature allows crypto holders to keep the private keys to their respective wallets with themselves rather than storing them with the exchanges. Giottus, a rival of the recently hacked WazirX crypto exchange, has addressed some of the challenges facing self-custody of crypto assets in India.

Built like crypto but regulated by the RBI, India's eRupee CBDC is currently under its advanced trial phase. The country’s apex bank, at this point, is looking at the eRupee to become a tool to improve India’s cross border transactions and take the INR to an international level.

WazirX has planned a strategy aiming to build back its business after the recent hack. As part of this plan, the exchange has decided to distribute the impact of this loss ‘equitably’ among all of its users – regardless of whether or not their funds were directly impacted by this hack. The development has stirred controversy in India’s cryp...

The overall crypto market cap rose by over three percent in the last 24 hours. Bitcoin and Ether reflected gains alongside Avalanche, Polkadot, and Chainlink on Monday, July 29. The dominance of BTC and ETH on the market, as of now, stands at 55.5 percent and 16.3 percent, respectively.

Liminal has refuted recent allegations by WazirX that claim that the point of breach in this wallet hack was not from its end, but because of Liminal’s screening system failure. The wallet infrastructure firm has reiterated that its platform continues to operate seamlessly and has been processing transfers and withdrawals for all of its customers...

Former President Donald Trump has promised to make the US a "Bitcoin superpower" if returned to the White House and said that he will appoint an advisory council to design transparent regulatory guidance for the benefit of the entire industry.

Two merchant navy officers were among three arrested in a cryptocurrency theft case and around Rs 2.5 crore, including Rs 1.25 crore in cash and the remaining in digital currencies, was recovered, police said on Friday.

WazirX has claimed that its own signers’ machines were not compromised in the recent hack, as shown in its internal investigation. The exchange has alleged that Liminal’s infrastructure was used by hackers to facilitate this attack.

The Cardano blockchain is set to undergo the ‘Chang’ upgrade after September 2022’s Vasil upgrade. As per the team, the Cardano community will be responsible for maintaining and shaping the blockchain network once the upgrade is completed.

The overall crypto market cap rose by 3.27 percent in the last 24 hours. Most cryprocurrencies recorded gains on Friday, July 26. Ripple, Dogecoin, and Cardano joined Bitcoin and Ether in reflecting profits. Circuits of Value showed losses on Friday.