[ad_1] Reserve Bank Governor Shaktikanta Das on Thursday described cryptocurrencies as a “clear danger” and said that anything that derives value based on make-believe, without any underlying, is just speculation under a sophisticated name. The government is in the process of finalising a consultation paper on cryptocurrencies after gathering inputs from various stakeholders and institutions. […]
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[ad_1] As cryptocurrency goes mainstream, industries and companies are actively looking out for job-seekers. This has caused a rise in the number of job postings, says a new report by Indeed. According to the report, cryptocurrency, blockchain, and NFT-related jobs have grown by 804 per cent in the last two years (from April 2020 to […]
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[ad_1] Bitcoin and its peers fail to deliver on any of the promises boasted on the packaging — be it security or anonymity [ad_2] Source link
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[ad_1] Binance, the world’s biggest cryptocurrency exchange by trading volumes, said on Thursday it has signed a partnership with Cristiano Ronaldo for the promotion of non-fungible tokens (NFTs). As part of the multi-year agreement, the Portuguese soccer star and Binance will create a series of NFT collections for sale on the company’s platform, the cryptocurrency […]
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[ad_1] U.S. crypto firm Harmony said on Friday that thieves stole around $100 million worth of digital coins from one of its key products, the latest in a string of cyber heists on a sector long targeted by hackers.Harmony develops blockchains for so-called decentralised finance – peer-to-peer sites that offer loans and other services without […]
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[ad_1] Major crypto firm Tether said on Wednesday it will launch next month a “stablecoin” pegged to the British pound, a move that comes as London draws up plans to regulate the fast-growing type of digital currency. Stablecoins are cryptocurrencies designed to keep a steady value against traditional currencies or commodities such as gold. They […]
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[ad_1] Crypto lending may not be down and out, but it’s certainly on the ropes. Crypto lenders have boomed over the past two years, attracting tens of billions of dollars in bitcoin, ether and other coins which they in turn lent out or invested, often in decentralized finance (DeFi) projects with sky-high returns. read more […]
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[ad_1] Cryptocurrency scammers are now increasingly targeting job-seeking candidates on the Microsoft-owned social network LinkedIn. An FBI agent has informed that crypto-scammers on LinkedIn are a “significant threat” to user safety. In an interview with CNBC, Sean Ragan, an FBI agent said that LinkedIn has a problem when it comes to investment scams and crypto […]
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[ad_1] From being called speculative products to ‘virtual digital assets’ (VDAs), cryptocurrencies have come a long way. From April 1, India introduced a tax on all VDAs. The law states that any income earned from the transfer of digital assets would be taxed at 30 per cent with no deductions or exemptions. This would apply […]
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[ad_1] Cryptocurrency prices are plummeting. A so-called stablecoin lost all its value in a matter of days. A newfangled crypto bank halted withdrawals. And investors have been plunged into financial ruin. Now the crypto industry is grappling with an even grimmer prospect: The worst may be yet to come. Best of Express Premium Premium Premium […]
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