Amitabh Bachchan to Dinesh Karthik: Celebrities Jump on the NFT Wagon

Indian celebrities from the world of Bollywood and cricket are increasingly launching digital memorabilia through non-fungible tokens (NFT), hoping to rake in thousands of dollars by cashing in on growing interest in such assets. NFTs are a type of digital asset which use blockchain to record the ownership of items such as images, videos, and […]

Bitcoin ETF Debuts on New York Stock Exchange

Bitcoin took another step closer to mainstream investing Tuesday with the launch of a new security on Wall Street tied to futures of the cryptocurrency. To mark the occasion, ProShares, leader in exchange-traded funds, a type of investment linked to an index, rang the opening bell of the New York Stock Exchange on Tuesday. The […]

US Becomes Largest Bitcoin Mining Centre After China Crackdown

The United States has overtaken China to account for the largest share of the world’s Bitcoin mining, data published on Wednesday by Britain’s Cambridge Centre for Alternative Finance showed. The figures demonstrate the impact of a crackdown on Bitcoin trading and mining launched by China’s State Council, or cabinet, in late May, which devastated the […]

Finally, A Platform Where Crypto Meets Cricket: is a crypto platform which allows cricket fans to collect digital memorabilia For those who have been crazy about cricket and also hold a fancy for cryptocurrency, there’s good news. The recently established Cricket Foundation (the first of its kind crypto ecosystem dedicated to the sport), co-founded by former cricketer Parthiv Patel along with […]

US Justice Department Issues Enforcements On Cryptocurrencies

US has introduced regulations against cryptocurrencies which fail to report cyber frauds US Deputy Attorney General Lisa Monaco on Wednesday unveiled two new Justice Department enforcement initiatives aimed at targeting cryptocurrencies and government contractors who fail to report cyber breaches. Ms Monaco announced on Wednesday, during a virtual speech at the Aspen Cyber Summit, the launch […]

NFT Sales Surge to $10.7 Billion in Q3 as Crypto Asset Frenzy Hits New Highs

NFT sales volume surged to $10.7 billion (roughly Rs. 79,820 crores) in the third quarter of 2021, up more than eightfold from the previous quarter, according to data from market tracker DappRadar, as the frenzy for crypto assets reached new highs. NFTs use blockchain to record the ownership of digital items such as images, videos, […]

Cryptocurrency Promoter Pleads Guilty to Advising North Korea Evade Sanctions

A prominent American cryptocurrency promoter and former hacker has pleaded guilty to advising North Korea on using virtual money to avoid international controls, a New York court said Monday. Virgil Griffith, who is based in Singapore, launched projects in 2018 to provide services to individuals in North Korea by developing and financing cryptocurrency structures, including […]

Cryptocurrencies Register Sixth Straight Week of Inflows, Led by Bitcoin

Cryptocurrency investment products and funds posted inflows for a sixth consecutive week, as investors viewed recent regulatory challenges in the sector as buying opportunities, data from digital asset manager CoinShares showed on Monday. Inflows to the sector hit $95 million (roughly Rs. 700 crores) last week, led by investments in Bitcoin of $50.2 million (roughly […]

Cryptocurrency: Over 60 Exchanges in South Korea to Suspend Services

More than 60 cryptocurrency exchanges in South Korea must notify customers of a partial or full suspension of trading by Friday midnight, a week before a new regulation comes into effect. To continue operating, exchanges must register with the Financial Intelligence Unit by September 24, providing a security certificate from the Internet security agency. They must […]

Bitcoin ETF May Arrive Soon Amid Doubts Over Its Usefulness

As Bitcoin ETF is likely to arrive soon, questions are being raised about its relevance for investors Firms across Wall Street have been eager to launch an exchange-traded fund tracking Bitcoin for almost a decade now. By the time they potentially succeed this fall, it may be too late for the product to be useful for everyday […]

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