Binance, one of the major crypto exchanges, recently received approval from the Financial Intelligence Unit (FIU) in the country. Binance is cooperating with law enforcement agencies in investigating crypto-related crimes. Recently this exchange has helped Delhi Police in investigating the case of fraud related to renewable energy. Cryptocurrency worth approximately one lakh USDT (approximately Rs…
Bitcoin, the largest cryptocurrency in terms of market capitalization, was up by about two percent on Monday. Its price was around $64,260 on international exchanges and around $64,826 on Indian exchanges. There is enthusiasm in the crypto market due to better Producer Price Index (PPI) data in America. The price of Ether has also increased….
Cases of online scams have increased rapidly in the last few years. In a similar case in Madhya Pradesh, a college student has received a notice from the Income Tax and GST department for transactions worth more than Rs 46 crore from his bank account. In this case, there is a possibility of misuse of…
Bitcoin, the largest cryptocurrency by market capitalization, was down by about one percent on Friday. Its price on Indian exchanges was around $61,452 and on international exchanges it was around $60,577. CPI data in America being higher than analysts’ estimates has had an impact on the crypto market. However, the second largest cryptocurrency Ether was…
Retail investors’ interest in cryptocurrencies has increased in the last few years. However, volatility and scam cases in this segment have also increased the risks for these investors. In the last few months, cases of scams related to crypto have increased rapidly and investors and firms associated with this segment have suffered huge losses. A…
The segment of cryptocurrencies has grown rapidly in the last few years. Along with this, cases of fraud are also increasing in this segment. To curb this problem, the United Nations Office on Drugs and Crime (UNODC) has suggested imposing penalties on unlicensed crypto firms. UNODC estimates the number of crypto investors in Southeast Asia…
There was loss in the crypto market on Wednesday. The price of Bitcoin, the largest cryptocurrency in terms of market capitalization, fell marginally to around $62,353 on international exchanges. It was trading at $63,917 on Indian exchanges. However, there are signs of bullish sentiment in Bitcoin. Second largest cryptocurrency Ethereum The price has decreased by…
Many changes are taking place in the microblogging site Twitter after billionaire Elon Musk bought it. Musk, who is said to be a big supporter of cryptocurrencies, has also tried to connect Twitter with this market. The prices of cryptocurrencies and their movements can be seen through a simple search on Twitter. It has been…
Crypto-related firms in the country are waiting for a regulatory framework to grow their business in a safe and legal manner. However, the central government has no plans to regulate this segment. The European Union (EU) and UAE have made rules for the crypto segment. In a written reply in the Lok Sabha, Minister of…
The ongoing volatility in Japan’s stock market for the last few days and tensions between some other countries are having a big impact on the crypto market. The price of Bitcoin, the largest cryptocurrency by market capitalization, was down by about 3.25 percent to around $57,261 on international exchanges like CoinMarketCap. Bitcoin was down about…