Cryptocurrency-Related Money Laundering Ring Busted by China

Cryptocurrency-Related Money Laundering Ring Busted by China, Over 1,100 Arrested

Police in China arrested over 1,100 people suspected of using cryptocurrencies to launder illegal proceeds from telephone and Internet scams in a recent crackdown, the Ministry of Public Security said. The arrests came as authorities in China step up their crackdown on cryptocurrency trading. Last month, three industry bodies banned crypto-related financial and payment services, … Read more

OnePlus Could Launch a Cryptocurrency Wallet, Suggest Survey

Crafting Broader Cryptocurrency Regulations, No Intend to Ban, Says Turkey Central Bank Head

OnePlus could be the next big name in the growing market of cryptocurrencies led by Bitcoin as the Chinese company is found to be conducting a survey on blockchain research. The survey is aimed at getting user feedback on cryptocurrencies. The company is asking users whether they have used trading platforms such as Coinbase, Gemini, … Read more

Ethereurm Co-Founder Donates Over $600,000 in Tokens for COVID-19 Relief

Ethereum Co-Founder Donates Rs. 4.5 Crores For COVID-19 Relief in India

Ehtereum co-founder Vitalik Buterin posted a proof of transfer of 100 ETH and 100 MKR, worth approximately $606,110 (roughly Rs. 4.5 crores), for use in COVID-19 relief in India. Ethereum, the open-source blockchain software founded in 2014, is used to build contracts on the blockchain, and has recently been in the news a lot because … Read more

Turkey Central Bank Says No Intention of Banning Cryptocurrencies

Crafting Broader Cryptocurrency Regulations, No Intend to Ban, Says Turkey Central Bank Head

Turkey’s Finance Ministry is working on wider regulations regarding cryptocurrencies, Central Bank Governor Sahap Kavcioglu said on Friday, adding the bank does not intend to ban them. In an interview with Turkish broadcasters, Kavcioglu said some details would be ready in two weeks. The central bank last week banned the use of crypto assets in … Read more

Dogecoin Price Slumps After Hashtag-Fuelled Surge to Record High

EasyDNS Starts to Accept Dogecoin as Payment

Meme-based cryptocurrency Dogecoin fell on Tuesday after hitting an all-time high in a wild session that saw supporters of the token once considered a parody use hashtags to fuel a rally until it lost steam. Dogecoin ultimately fell 15.4 percent to $0.33 (roughly Rs. 25), but during the session when it hit a record peak, … Read more

Elongate: Elon Musk’s March Joke Is Now a Cryptocurrency

Elongate: Elon Musk

One tweet from tech billionaire Elon Musk can set the ball rolling for new ventures, lead to the gain or fall of stocks, and sometimes even prove to be prophetic. Some of his recent tweets about cryptocurrencies, especially Bitcoin and Dogecoin, are cases in point. And now that we are speaking of cryptocurrency, there’s a … Read more

EasyDNS Starts to Accept Dogecoin as Payment

EasyDNS Starts to Accept Dogecoin as Payment

Dogecoin seems to be riding the wave. On Saturday, it saw one more taker in the form of easyDNS, which became the first Internet Corporation for Assigned Names and Numbers (ICANN) registrar to accept the cryptocurrency as a mode of payment. Releasing a statement, the Canadian firm said, “Continuing in our tradition of being a … Read more

Dogecoin Jumps 160 Percent in 24 Hours. Elon Musk Reminds of His Prediction

Dogecoin Rides Cryptocurrency Wave to Jump 160 Percent. Elon Musk Eyes Vindication

Dogecoin spiked nearly 400 percent in just the last one week. If you are on Twitter, you know there’s one billionaire capable of making or breaking the market at the drop of a tweet. It’s Elon Musk, the Tesla and SpaceX CEO. There are occasions he drops hints of what to do or not to … Read more

Cryptocurrency Exchange Coinbase Establishing Business in India

India Might Ban Cryptocurrency, But Coinbase Is Looking for Indian Engineers

US cryptocurrency exchange Coinbase on Thursday announced that it was establishing its business in India and hiring local talent. The San Francisco, California-based company that is popular for offering a platform to sell cryptocurrencies including Bitcoin and Ethereum also revealed that it wanted to open a physical office in the country. The new move by … Read more

A Digital Image Was Just Auctioned — for $69 Million

Beeple Sold an NFT for $69 Million at First of its Kind Auction at Christie

Beeple, a digital artist, has just sold a jpeg file — a digital image — for $69 million, or around Rs. 501 crore, through a first of its kind auction at Christie’s. The famous auction house had tweeted last month that it was going to hold the auction for Everydays – The First 5000 Days, … Read more