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Cryptocurrency ALERT!! Ban on Bitcoin, others over, but beware, you can lose your money; read warning

Cryptocurrency ALERT!! Ban on Bitcoin, others over, but beware, you can lose your money; read warning

Thu, Mar 05, 2020

Cryptocurrency has now become a legal trade in India as the Supreme Court on Wednesday quashed RBI's ban on the virtual currency trade - this includes Bitcoin.

JPMorgan's Dimon says Facebook's Libra currency 'will never happen'

JPMorgan's Dimon says Facebook's Libra currency 'will never happen'

Sun, Oct 20, 2019

Facebook`s Libra digital currency project is "a neat idea that will never happen," JPMorgan Chase chief executive Jamie Dimon said on Friday,

Mobile banking app sues Facebook over Calibra logo

Sun, Oct 13, 2019

Facebook's Libra cryptocurrency project has hit another roadblock, as a mobile banking app has sued its Calibra subsidiary over similar logos.

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Crypto currency: Bank of England sets out rules of engagement for Facebook's Libra

Crypto currency: Bank of England sets out rules of engagement for Facebook's Libra

Wed, Oct 09, 2019

The European Union on Tuesday said it will propose a new law to cover crypto-asset projects like Libra, saying they posed a risk to the wider financial system.

Beware! Even a Google search can make you lose money; here is how

Beware! Even a Google search can make you lose money; here is how

Sat, Sep 14, 2019

You would be surprised that even a simple Google Search can make you lose money. Well, this type of fraud has its links with crypto industry which has been in several controversies in the past too.

Banning cryptocurrencies in India not the solution; it would discourage tech startups: Nasscom

Banning cryptocurrencies in India not the solution; it would discourage tech startups: Nasscom

Tue, Jul 30, 2019

According to Nasscom, cryptocurrency-based businesses can be tested in the regulatory sandboxes being launched by the financial sector regulators across the country.

Jail for buying Bitcoin, Ethereum, Litecoin or other cryptocurrencies? Yes, you read that right! There is more

Jail for buying Bitcoin, Ethereum, Litecoin or other cryptocurrencies? Yes, you read that right! There is more

Tue, Jul 23, 2019

Crypto trade: The committee has recommended imprisonment of one year to ten years for those who sell and buy cryptocurrencies in India.

Facebook`s planned Libra cryptocurrency faces tough time; G7 urges tough regulation

Facebook`s planned Libra cryptocurrency faces tough time; G7 urges tough regulation

Thu, Jul 18, 2019

In a summary of the informal G7 talks in Chantilly, the French presidency reportedly said the ministers and governors had agreed that "stablecoins and other various new products currently being developed, including projects with global and potentially systemic footprint such as Libra, raise serious regulatory and systemic concerns".

Bitcoin tumbles 10% on Facebook grill by US senators in regard to crypto plans

Bitcoin tumbles 10% on Facebook grill by US senators in regard to crypto plans

Wed, Jul 17, 2019

The cryptocurrency market took a beating on Tuesday with bitcoin losing over 10 per cent in value after US lawmakers grilled Facebook on its cryptocurrency plans.

Cryptocurrency the next Cuban revolution? What tech guru John McAfee said

Cryptocurrency the next Cuban revolution? What tech guru John McAfee said

Sat, Jul 06, 2019

Fugitive tech guru John McAfee feels cryptocurrency could be the next Cuban revolution.

Facebook's cryptocurrency Libra coin likely to face unprecedented regulatory scrutiny

Facebook's cryptocurrency Libra coin likely to face unprecedented regulatory scrutiny

Sat, Jun 29, 2019

The company`s announcement was met with immediate backlash from US lawmakers and regulators across the globe, who are concerned that Facebook is already too massive and careless with users` privacy.

Facebook unveils global cryptocurrency 'Libra': All you need to know

Facebook unveils global cryptocurrency 'Libra': All you need to know

Tue, Jun 18, 2019

The cryptocurrency will be available through Facebook's own digital wallet called Calibra and other services, according to the company's announcement.

Facebook's cryptocurrency-based payments system gets big backers

Facebook's cryptocurrency-based payments system gets big backers

Fri, Jun 14, 2019

Facebook Inc has enlisted more than a dozen companies including Visa Inc, Mastercard Inc, PayPal Holdings Inc and Uber Technologies Inc to back its new cryptocurrency, the Wall Street Journal reported.

Deal in cryptocurencies? Draft bill proposes 10 year jail term

Deal in cryptocurencies? Draft bill proposes 10 year jail term

Mon, Jun 10, 2019

A recent draft bill that proposes jail term for a person dealing in cryptocurrencies continues to call mixed reactions in India and the cryptocurrency market around the world.

Facebook may introduce its cryptocurrency in June

Facebook may introduce its cryptocurrency in June

Thu, Jun 06, 2019

Given Facebook`s infamous security management, the blockchain would supposedly be "far more centralised" than Bitcoins and the company would tap outside firms to help run the system.

Facebook may launch its cryptocurrency this month

Facebook may launch its cryptocurrency this month

Thu, Jun 06, 2019

Facebook may finally launch its long-rumoured cryptocurrency later in June. The cryptocurrency, under Facebook`s "Project Libra", is reportedly aimed at allowing Facebook`s global users to transfer money across borders and to make online purchases.

Facebook plans to launch its own cryptocurrency next year: Report

Facebook plans to launch its own cryptocurrency next year: Report

Sat, May 25, 2019

Facebook's currency would be "stablecoin", a digital unit pegged to the dollar in contrast to more anarchic means of virtual payment such as bitcoin, according to earlier reporting by Bloomberg and the Wall Street Journal among others.

Facebook sets up Libra Networks to create its own cryptocurrency

Facebook sets up Libra Networks to create its own cryptocurrency

Mon, May 20, 2019

Facebook wants to be part of the exciting world of digital currency and before any other technology giant takes the leap, the social networking service has reportedly started working on its virtual money in Switzerland. According to a Swiss news site Handelszeitung, Facebook has set up a company called Libra Networks in Geneva that will help CEO Mark Zuckerberg build the cryptocurrency.The company is owned by Facebook Global Holdings II in Ireland and will focus on developing the hardware and software for digital currency-related functions including payments, financing, identity management, big data, analytics, and blockchain.

Bitcoin tops $8,000 as it hits highest since July 2018

Bitcoin tops $8,000 as it hits highest since July 2018

Tue, May 14, 2019

Bitcoin was last up nearly 17% at $8,131 on the Bitstamp exchange, the largest daily percentage jump since early April. It hit a high of $8,167.50, a roughly 10-month peak.

Cryptocurrency thefts, fraud hit $1.2 billion in first quarter, says a report

Cryptocurrency thefts, fraud hit $1.2 billion in first quarter, says a report

Wed, May 01, 2019

Losses from the theft of cryptocurrencies from exchanges and fraud-related activities surged in the first quarter of the year to $1.2 billion, or 70 percent of the level for all of 2018.

Bitcoin jumps to a six-month high as 2019 rally grows

Bitcoin jumps to a six-month high as 2019 rally grows

Tue, Apr 23, 2019

Other major cryptocurrencies that tend be correlated to bitcoin such as ethereum and Ripple`s XRP also gained.

Cryptocurrency companies use 'backdoor' listings to ease into mainstream markets

Cryptocurrency companies use 'backdoor' listings to ease into mainstream markets

Fri, Feb 22, 2019

In the most recent deal, US crypto broker-dealer Voyager Digital on Feb. 11 achieved a "backdoor" listing on Toronto`s Venture Exchange after it bought control of mineral exploration firm UC Resources.

Mystery deepens over dead CEO with $145 mn worth cryptocurrency passwords

Mystery deepens over dead CEO with $145 mn worth cryptocurrency passwords

Sat, Feb 09, 2019

"In an application to probate the will, filed on December 21, 2018, Robertson confirmed that the gross value of Cotten`s personal property - all of which was left to her - was $9.6 million. She was granted the right to administer his estate as executor on January 2," the report claimed.

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