Category: Crypto Currency

MicroStrategy, a pro-Bitcoin business intelligence firm, is not airdropping any crypto token represented as MSTR. In the early hours of Monday, February 26, the X account of MicroStrategy was reportedly hacked by notorious scammers. The account, with over 196,000 followers, found itself flooded with posts showing links where people could click and register for the…

A US judge on Friday accepted Binance’s guilty plea and more than $4.3 billion (roughly Rs. 35,635 crore) penalty for violating federal anti-money laundering and sanctions laws through lapses in internal controls at the world’s largest cryptocurrency exchange. US District Judge Richard Jones in Seattle approved the plea, which includes a $1.81 billion (roughly Rs. 15,000…

The overall crypto price chart on Monday, February 26 reflected instability in the market. Bitcoin recorded a loss of 0.25 percent on Monday, with which its trading value currently stands at $51,490 (roughly Rs. 42.6 lakh). It is notable, that over the weekend the price of Bitcoin did rise by $473 (roughly Rs. 39,200). Bitcoin…

Metaverse, the virtual universe created by Facebook parent Meta, is yet to take off but the technology is seemingly carving a niche in sensitive sectors like education and healthcare. The global metaverse healthcare market is projected to reach a valuation of nearly $500 billion (roughly Rs. 41,44,020 crore) by 2033. This figure has been estimated…

The rise in spot Bitcoin ETF activities have propelled the oldest and most expensive cryptocurrency to its highest price point since 2021. On Tuesday, February 27, Bitcoin’s value stood at around $55,753 (roughly Rs. 46.2 lakh) after the asset logged a profit of 8.38 percent in the last 24 hours. Before stabilising at this point,…

Bitcoin, the oldest and most expensive cryptocurrency, is exploding in value now that its next scheduled halving is scheduled for April. As of Tuesday, February 27, Bitcoin is trading at its two-year high price point of $55,753 (roughly Rs. 46.2 lakh). As the cryptocurrency is rising in value, its anonymous creator who goes by the…

Brazil took the reins of the G20 presidency from India in December 2023 and will continue to preside over the organisation until November this year. Crypto-related policy formulation, asset tokenisation, and responsible handling of Artificial Intelligence (AI) will continue to remain key focus points for discussions this year. The details have been disclosed by global…

Bitcoin is undergoing a period of rally with its pricing going higher by the day. The asset on Wednesday, February 28 recorded a gain of 2.20 percent. At the time of writing, Bitcoin was trading at the price point of $56,992 (roughly Rs. 47.2 lakh). For a brief time, the asset did touch the mark…

The crypto scene in India is getting more sophisticated with the government gradually deploying regulations to oversee the industry’s safety. In a bid to get a better understanding of what the Indian crypto community really wishes for, CoinDCX crypto exchange has decided to do something simple and effective — ask the community members. The aim,…

Sam Bankman-Fried’s lawyer urged a judge on Tuesday to impose a lenient sentence for the FTX founder’s conviction for stealing $8 billion (roughly Rs. 6,63,30 crore) from customers of the now-bankrupt cryptocurrency exchange, arguing clients would get most of their funds back. In a sentencing submission, Bankman-Fried’s lawyer Marc Mukasey told U.S. District Judge Lewis…