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1057 Results Found
  • Man sues T-Mobile for failing to prevent hackers from stealing from his cryptocurrency account Feb 07, 2018 08:10 PM IST

    Man sues T-Mobile for failing to prevent hackers from stealing from his cryptocurrency account

    According to the complaint, the lack of adequate security on T-Mobile paved way for hackers to transfer his number to another carrier without his consent and steal virtual currency worth thousands of dollars

  • Bitcoin bounces back from Tuesday's lows of USD 6,000 Feb 07, 2018 11:47 AM IST

    Bitcoin bounces back from Tuesday's lows of USD 6,000

    The largest cryptocurrency in the world opened at around USD 7,054 and had hit an intra-day high of USD 7,850.70 according to coinmarketcap.com.

  • IT department issuing notices to cryptocurrency investors: CBDT chairman Sushil Chandra Feb 06, 2018 06:07 PM IST

    IT department issuing notices to cryptocurrency investors: CBDT chairman Sushil Chandra

    The department has found that there is no clarity on investments made by many people, which means they have not declared them properly, CBDT chairman Sushil Chandra said.

  • CBDT head says gains from investments in cryptocurrencies such as Bitcoin are taxable Feb 06, 2018 05:28 PM IST

    CBDT head says gains from investments in cryptocurrencies such as Bitcoin are taxable

    In December, the income tax department issued few lakh notices to those who had invested in virtual currencies and had also conducted pan-India survey at their exchanges

  • Bitcoin drops below $6,200 for first time in three months Feb 06, 2018 10:36 AM IST

    Bitcoin drops below $6,200 for first time in three months

    The virtual currency fell to $6,190 for the first time since mid-November, according to Bloomberg News, and represents the latest hammering for a unit that saw a stratospheric 26-fold rise last year.

  • Bitcoin extends slide, falls below $7,000 Feb 06, 2018 08:07 AM IST

    Bitcoin extends slide, falls below $7,000

    On the Luxembourg-based Bitstamp exchange, bitcoin fell as low as $6,853.53 in early afternoon trading in New York. That marked a fall of more than half from a peak of almost $20,000 hit in December.

  • Game Chaingers: Unicef appeals gamers to mine cryptocurrency Ether to help Syrian kids Feb 05, 2018 06:13 PM IST

    Game Chaingers: Unicef appeals gamers to mine cryptocurrency Ether to help Syrian kids

    One of the motive of the project is to include those people who would otherwise be uncomfortable in donating but can do so by virtue of their devices

  • Samsung rides cryptocurrency boom, to manufacture chips used for mining Feb 05, 2018 05:36 PM IST

    Samsung rides cryptocurrency boom, to manufacture chips used for mining

    Samsung has already been in the industry of manufacturing GPU chips which are used not only in handling a computer’s graphics requirements but can also mine cryptocurrencies.

  • Bitcoin prices drop below $8000 as governments become more cautious Feb 05, 2018 04:42 PM IST

    Bitcoin prices drop below $8000 as governments become more cautious

    On December 18, Bitcoin had reached a record high of $19,511 and experts predicted that it would cross $20,000. However, it lost more than half of its value since then.

  • China looks to stamp out cryptocurrency trading Feb 05, 2018 02:58 PM IST

    China looks to stamp out cryptocurrency trading

    The moves were outlined in a report Sunday by Financial News, a publication under the People's Bank of China, which said the aim was to snuff out the "dying cinders" of cryptocurrency trading and initial coin offerings "which are glowing once more".

  • Economist who correctly predicted 2008 crisis says Bitcoin is 'mother of all bubbles' Feb 05, 2018 02:02 PM IST

    Economist who correctly predicted 2008 crisis says Bitcoin is 'mother of all bubbles'

    In last seven days, the currency has dropped by 26 percent. On January 29, Bitcoin was trading at USD 11,300 level which is now at USD 8,200 level

  • South Korea says North stole cryptocurrency worth billions of won last year Feb 05, 2018 10:58 AM IST

    South Korea says North stole cryptocurrency worth billions of won last year

    "North Korea sent emails that could hack into cryptocurrency exchanges and their customers' private information and stole (cryptocurrency) worth billions of won," said Kim Byung-kee, a member of South Korea's parliamentary intelligence committee.

  • Budget 2018: FM's stance on crypto leaves industry in a tizzy, experts warn on stifling innovation Feb 02, 2018 06:30 PM IST

    Budget 2018: FM's stance on crypto leaves industry in a tizzy, experts warn on stifling innovation

    Experts feel that the Government should calibrate proposed regulation on cryptocurrency industry in a manner that it does not stifle innovation in an emerging sector.

  • IT will tax bitcoin trade, has issued few lakh notices: CBDT Feb 02, 2018 03:55 PM IST

    IT will tax bitcoin trade, has issued few lakh notices: CBDT

    The Income Tax Department has issued "few lakh" notices to those who have put their funds in bitcoins and it is working to obtain taxes that are due on these investments, the CBDT chief said.

  • Budget 2018 Podcast: The Fate of Cryptocurrency Feb 02, 2018 03:32 PM IST

    Budget 2018 Podcast: The Fate of Cryptocurrency

    As Finance Minister Arun Jaitley came down strongly on cryptocurrency in his Budget 2018 speech, here is what lies in store.

  • Breach at cryptocurrency exchange Coincheck biggest crypto heist in the world Feb 02, 2018 01:22 PM IST

    Breach at cryptocurrency exchange Coincheck biggest crypto heist in the world

    The Coincheck hack follows at least three multi-million dollar heists in 2017 including USD 63 million at NiceHash

  • Budget 2018: FM Jaitley calls cryptocurrencies illegal, operators say it's business as usual Feb 02, 2018 11:00 AM IST

    Budget 2018: FM Jaitley calls cryptocurrencies illegal, operators say it's business as usual

    Exchange platforms dealing in controversial cryptocurrencies like Bitcoins today asserted that it's "business as usual" hours after Finance Minister Arun Jaitley declared such instruments as illegal.

  • Budget 2018: Cryptocurrency hits a wall, Digital India scales one Feb 01, 2018 03:30 PM IST

    Budget 2018: Cryptocurrency hits a wall, Digital India scales one

    While the government will come down heavily on transactions through cryptocurrencies, allocation for Digital India is proposed to be doubled.

  • Budget 2018: Crypto currencies not legal, will eliminate their use, says, Arun Jaitley Feb 01, 2018 12:38 PM IST

    Budget 2018: Crypto currencies not legal, will eliminate their use, says, Arun Jaitley

    Finance Minister Arun Jaitley today said all crypto currencies, which include bitcoins, are illegal and the government will take all measures to eliminate their use.

  • Budget 2018: Arun Jaitley says cryptocurrency is not legal tender, government will discourage its use Feb 01, 2018 12:14 PM IST

    Budget 2018: Arun Jaitley says cryptocurrency is not legal tender, government will discourage its use

    There have been reports that several banks have frozen account cryptocurrency exchanges in India, while the registrar of companies (ROC) has stopped registering companies intending to act as such exchanges

  • Budget 2018: Top 5 reasons why Indian cryptocurrency holders should keep track Feb 01, 2018 09:33 AM IST

    Budget 2018: Top 5 reasons why Indian cryptocurrency holders should keep track

    Cryptocurrencies has made millionaires, even billionaires of the people who invested in in its early years, but the economy regulatory bodies of India are still wary.

  • South Korea says uncovered about $600 million in cryptocurrency crimes Jan 31, 2018 09:51 AM IST

    South Korea says uncovered about $600 million in cryptocurrency crimes

    The statement said domestic investors bought 1.7 billion won worth of cryptocurrencies, which they sent to overseas partner companies through virtual wallets. The transfers were then converted back into fiat currencies, which amount to unrecorded capital outflows.

  • Coincheck hackers attempting to sell stolen cryptocurrency: Jeff McDonald Jan 30, 2018 10:07 PM IST

    Coincheck hackers attempting to sell stolen cryptocurrency: Jeff McDonald

    The location of the account was not yet known and McDonald could not yet confirm how much of the stolen coins had been spent.

  • Gold only alternative currency to have worked: Uday Kotak Jan 30, 2018 01:55 PM IST

    Gold only alternative currency to have worked: Uday Kotak

    The most famous among all, bitcoin has been seeing a huge traction lately even as its prices have been extremely volatile, surging to close to USD 20,000 per unit a few weeks ago but only to fall below USD 10,000 soon after.

  • Britain sees first Bitcoin armed robbery: reports Jan 29, 2018 07:39 PM IST

    Britain sees first Bitcoin armed robbery: reports

    The robbery happened on January 22 at the couple's home in the village of Moulsford in southeast England, according to the Daily Mail, which said the cryptocurrency crime was the first of its kind.

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