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  • WazirX lays off 40% of its staff amid crypto winter Oct 02, 2022 06:52 PM IST

    WazirX lays off 40% of its staff amid crypto winter

    This comes a week after the exchange said that the Directorate of Enforcement (ED) had unfrozen its bank accounts, allowing the platform to resume banking operations after almost a month.

  • Neo-banking crypto startup Juno raises $18 million led by ParaFi Capital Oct 01, 2022 07:26 PM IST

    Neo-banking crypto startup Juno raises $18 million led by ParaFi Capital

    Founded by three Indian entrepreneurs Varun Deshpande, Ratnesh Ray, and Siddharth Verma, the startup is also backed by Balaji Srinivasan (ex-CTO of Coinbase) and Surojit Chatterjee (CPO of Coinbase), Ryan Selkis (Founder, Messari), Sandeep Nailwal and Jaynti Kanani (Founders of Polygon).

  • Top Cryptocurrency Prices Today September 30: Bitcoin trades over Rs 16 lakh, Ethereum in green Sep 30, 2022 07:44 AM IST

    Top Cryptocurrency Prices Today September 30: Bitcoin trades over Rs 16 lakh, Ethereum in green

    The total volume in DeFi stood at $3.87 billion, which is 5.45 percent of the total crypto market 24-hour volume.

  • Bitcoin bounces above $20,000 for first time in about a week Sep 27, 2022 09:24 AM IST

    Bitcoin bounces above $20,000 for first time in about a week

    The biggest cryptocurrency by market value, bitcoin, was up more than 5% at $20,286. The second-biggest, ether, rose 4% to a one-week high of $1,389.

  • Decrypting the Solana Wallet attack and how investors can safeguard their crypto holdings Aug 04, 2022 06:30 PM IST

    Decrypting the Solana Wallet attack and how investors can safeguard their crypto holdings

    With reports indicating around 8,000 ‘hot’ wallets were compromised in the attack, experts advise investors to switch to hardware wallets for better security.

  • Creditors take action against crypto firm Vauld Jul 27, 2022 08:48 PM IST

    Creditors take action against crypto firm Vauld

    Earlier this month, the company said its group firm has assets worth $330 million and liabilities worth $400 million

  • Community-led crypto investing platform Crypso raises $3 million in seed funding Jul 26, 2022 11:26 AM IST

    Community-led crypto investing platform Crypso raises $3 million in seed funding

    The round was led by Hashed Emergent, Athera Venture Partners (formerly Inventus), Better Capital, Whiteboard Capital, Polygon founders Sandeep and Jaynti, Kunal Shah of CRED, and other angel investors.

  • Government does not maintain data on crypto startups exiting India: Commerce ministry Jul 22, 2022 01:41 PM IST

    Government does not maintain data on crypto startups exiting India: Commerce ministry

    This was an answer to Rajya Sabha member Derek’O Brien’s question on if the Government has taken note of crypto startups exiting India, its details and reasons and the impact on the economy.

  • CoinDCX's India entity FY21 profit jumps nine-fold to Rs 4.36 crore, revenue rises to Rs 38.91 crore Jul 18, 2022 06:58 PM IST

    CoinDCX's India entity FY21 profit jumps nine-fold to Rs 4.36 crore, revenue rises to Rs 38.91 crore

    The firm’s employee costs also rose to over Rs 11.69 crore from Rs 3.98 crore while its overall expenses rose to over Rs 40 crore from Rs 5.71 crore in FY20.

  • Saddled with taxation, income tax notices add to confusion for crypto investors Jul 11, 2022 09:40 AM IST

    Saddled with taxation, income tax notices add to confusion for crypto investors

    Unaware of total transaction amount, crypto investors face information powered notices

  • Watch: As Crypto Volumes Slump, How Long Will The Winter Last? Jul 05, 2022 12:41 PM IST

    Watch: As Crypto Volumes Slump, How Long Will The Winter Last?

    Crypto volumes have nearly halved over the last one week as 1% TDS on crypto transactions came into effect on July 1. In fact, June has turned out to be the worst month on record for this asset class. Join Karunya Rao in conversation with Manisha Gupta to know other reasons for the slump.

  • Dubbed 'crypto queen', this woman is on FBI's most wanted list Jul 01, 2022 09:22 AM IST

    Dubbed 'crypto queen', this woman is on FBI's most wanted list

    Ruja Ignatova, a Bulgarian national, is behind OneCoin -- a classic ponzi scheme. She and co-conspirators pulled in at least $3.4 billion, court documents say.

  • Amid crypto crisis, crypto-fixed-deposit-equivalent is on the cards, says Mudrex CEO Edul Patel Jun 27, 2022 08:50 PM IST

    Amid crypto crisis, crypto-fixed-deposit-equivalent is on the cards, says Mudrex CEO Edul Patel

    The product is in the pilot stage and should be unveiled in the next couple of months. Experts say products like FD have the potential to establish themselves quickly, complement crypto trading, and diversify the overall crypto investment strategy.

  • TDS on cryptocurrency transfers from July 1: Onus on buyers, brokers, exchanges to withhold TDS Jun 27, 2022 09:52 AM IST

    TDS on cryptocurrency transfers from July 1: Onus on buyers, brokers, exchanges to withhold TDS

    TDS of 1 per cent on transfer of cryptocurrencies is set to come into force from July 1. The responsibility of withholding this tax will be on the buyer, crypto exchanges and brokers, depending on the type of transaction, CBDT has clarified.

  • Cryptocurrency Prices Today June 24: Bitcoin trades around Rs 17 lakh; decision on crypto GST awaited Jun 24, 2022 08:43 AM IST

    Cryptocurrency Prices Today June 24: Bitcoin trades around Rs 17 lakh; decision on crypto GST awaited

    The officers committee on GST has suggested the GST Council to defer a decision on taxability of cryptocurrency and other virtual digital assets.

  • Crypto trading platform FTX bails out lender BlockFi with $250 million credit facility Jun 22, 2022 02:39 PM IST

    Crypto trading platform FTX bails out lender BlockFi with $250 million credit facility

    BlockFi is among the major crypto firms that have been impacted by bearish crypto market sentiments. The company is slashing its headcount by around 20 percent. In February, it agreed to pay a $100 million penalty to settle an investigation by the Securities and Exchange Commission and other agencies into its high-yield accounts.

  • Mounting crypto liquidations make DeFi go to extremes Jun 20, 2022 08:04 PM IST

    Mounting crypto liquidations make DeFi go to extremes

    The record-setting rout in cryptocurrencies has put a slew of decentralized-finance applications and their communities in a race to protect themselves against a cascade of liquidations -- sometimes by employing unprecedented measures.

  • Man who lost money after investing in dogecoin sues Elon Musk for $258 billion Jun 17, 2022 09:03 AM IST

    Man who lost money after investing in dogecoin sues Elon Musk for $258 billion

    The plaintiff claimed that since the Tesla boss began promoting dogecoin, investors have lost around $86 billion.

  • Crypto Crash Decoded | What's bothering Bitcoin and the rest? Jun 14, 2022 12:10 PM IST

    Crypto Crash Decoded | What's bothering Bitcoin and the rest?

    The crypto industry is having one of its worst days ever as Bitcoin and Ethereum crash nearly 18%. Watch Karunya Rao and Manisha Gupta decode dynamics for you.

  • Social media and crypto a combustible combination for fraud: FTC report Jun 06, 2022 03:26 PM IST

    Social media and crypto a combustible combination for fraud: FTC report

    According to the report, if a new love interest wants to show you how to invest in crypto, or asks you to send them crypto, that’s a scam.

  • Low volumes, cautious buyers: The new reality for NFT marketplaces in the shadow of the crypto crash Jun 06, 2022 12:44 PM IST

    Low volumes, cautious buyers: The new reality for NFT marketplaces in the shadow of the crypto crash

    Lifted by the hype around NFTs, the market for digital tokens hit a peak of $23 billion last year; it has now dropped by almost half to $12 billion, according to CoinMarketCap, a price tracking website for crypto assets.

  • New York imposes two-year moratorium on new crypto mining firms using non-renewable power Jun 03, 2022 07:06 PM IST

    New York imposes two-year moratorium on new crypto mining firms using non-renewable power

    The Bill caps electricity use at current levels for existing mining operations. The Bill does not alter operations running on renewable sources, or using less energy-intensive alternatives such as proof-of-stake to verify transactions.

  • Moneycontrol Selects: Top stories this evening Jun 02, 2022 07:08 PM IST

    Moneycontrol Selects: Top stories this evening

    Our specially curated package of the most interesting articles of the day will help you stay at the top of your game.

  • India ready with consultation paper on cryptocurrencies: Govt official May 30, 2022 02:38 PM IST

    India ready with consultation paper on cryptocurrencies: Govt official

    Ajay Seth said there needed to be a global consensus reached on cryptocurrencies and India would look at regulations enforced in other countries before deciding how it would regulate.

  • Battered DeFi investors put their hopes in Ethereum revamp May 28, 2022 09:37 PM IST

    Battered DeFi investors put their hopes in Ethereum revamp

    The Ethereum “Merge,” one of the most significant technical upgrades to the blockchain since its inception in 2015, may be one of the few catalysts that could give DeFi a much-needed lift.

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