Subhashchand Jewria is accused of diverting investor proceeds into his personal accounts and property.
If RBI removes elements which make cryptocurrencies secure and hopes to achieve the same result, it may be in for a rude awakening.
Earlier, Sudarshan Sen, Executive Director, RBI had spoken about the reserve bank's discomfort with Bitcoin.
According to a policy document seen by Chinese news outlet Caixin, all cryptocurrency exchanges are to submit detailed plans to exit the market by 6:00 pm Beijing time on September 20.
Shanghai-based bitcoin exchange BTCC today announced that it stop all trading effective from September 30
At time of reporting, bitcoin was trading at USD 3,835 levels, as per the Coindesk price index.
In his latest memo, Oaktree's fund manager shares that he sat down with his colleagues and various other experts to better understand the topic of cryptocurrency and humbly admits that he has been looking at bitcoin the 'wrong way'.
"The partnership between Blockchain and Unocoin gives users greater purchasing power directly within their Blockchain wallets without compromising user security or control," the press release said.
As reported by Chinese news outlet Caixin, the central bank's document labels ICOs as an unauthorized fundraising tool that may involve financial scams and pyramid schemes, and which “severely disrupt the social and economic order.”
Here’s a look at some of the most popular cryptocurrencies and how they have fared over the month.
Price of bitcoin topped at levels above USD 4,483 before seeing a pullback to clsoe to USD 4,000, as per Coindesk price index.
Since the start of 2017, bitcoin's price against the US dollar has appreciated over 280 percent, while the total cryptocurrency market cap has rallied over 670 percent.
The website will offer multiple cryptocurrencies to buy, sell and trade. Equipped with advance security features and offering dummy trading to create wide awareness.
Users can test the platform’s MVP starting today. Then, on Sep 15, 2017, the full-featured product will launch.
In an extensive conversation with Moneycontrol, Marco Streng, CEO of Genesis Mining, the largest cloud mining company in the world, sheds light upon the cloud mining industry, its challenges and the road ahead for cryptocurrencies.
As per the Coindesk price index, the cryptocurrency peaked at USD 3,242.
Speaking with Moneycontrol, Rahul Raj, co-founder of the company said Koinex Beta will launch on August 25 and from the first day of operations it will support trade in Bitcoin, Ethereum, Litecoin and Ripple.
Post the genesis block creation, bitcoin cash was trading at levels above USD 250 on digital currency exchange Kraken.
All current Bitcoin holders will automatically own Bitcoin Cash. However, if your Bitcoins are stored by a third party such as an exchange, then it depends on whether the exchange will support both the versions or not.
Though crypto experts were not shy to criticize Howard Marks for his views on bitcoin, they should agree or at least pay more heed to his views on ICOs.
In a 23-page document, Howard Marks spoke in length about the inflated valuations of cryptocurrencies.
The Singapore based startup TenX, according to Bloomberg is issuing a debit card that could convert digital currencies such as the Bitcoin with legally accepted currencies like Dollar, Yen etc.
To cope with the upcoming software update for bitcoin, India exchanges plan to stop oprations around Ausgust 1, to safeguard their users.
Here's a quick guide on what is about to happen and what one should do to secure his bitcoins during these turbulent times
Bitcoin prices fell below USD 2,100 today and are inching towards breaking the USD 2,000 level, as bears continue their rampage on cryptostreet.