Washington: An Indian American, Rathanakishore Giri, was apprehended by federal law enforcement authorities in the US on Friday in Ohio on suspicion of involvement in a cryptocurrency investment fraud operation that raised at least USD 10 million from investors. As per court documents, it is claimed that Giri, a 27-year-old
New Delhi: The Twitter account of BJP chief JP Nadda was hacked on Sunday morning, with several tweets asking for donations in cryptocurrency to help Russia and Ukraine. A now-deleted tweet sought cryptocurrency donations for Ukraine while another tweet, also deleted, was posted saying the account was hacked and the
New Delhi: While the government is keen to introduce a bill on cryptocurrency, Union Finance Minister Nirmala Sitharaman on Friday said that regulating cryptocurrency will have to be a collective effort as the technology is constantly evolving and changing. “The regulation both executive and legislative only doing catching up with
New Delhi: As the centre on Tuesday introduced the new Crypto Bill in Parliament after Cabinet approval, Finance Minister Nirmala Sitharaman told Rajya Sabha that a new bill on cryptocurrency is in the works and it will be presented before the Union Cabinet soon for approval. The Finance Minister also
New Delhi: Responding to a question asked on Bitcoin in the Parliament on Monday, Finance Minister Nirmala Sitharaman saidC that the government has no proposal to recognise Bitcoin as a currency in the country. She also informed the house that the government does not collect data on Bitcoin transactions. Whether
New Delhi: Prime Minister Narendra Modi on Thursday urged all democratic nations to work together to ensure that cryptocurrency does not end up in the wrong hands, cautioning that it can spoil the youth. “It is important that all democratic nations work together on this and ensure it does not
New Delhi: Showing concerns over unregulated crypto markets that cannot be allowed to become avenues for money laundering and terror financing, Reserve Bank Governor Shaktikanta Das said that India needs much deeper discussions on the issue of cryptocurrencies. The dialogue comes as the government formulates a law to regulate private
New Delhi: Investors lost millions of dollars in a matter of minutes after ‘Squid Game’ – the popular Netflix survival series- inspired cryptocurrency turned out to be a scam. The Squid cryptocurrency collapsed on Monday, but the hucksters who managed to in-cash the popularity of the show made an estimated
Mumbai: Reserve Bank of India (RBI) governor Shaktikanta Das recently made a strong argument in favour of a central bank digital currency (CBDC) for India, dropping hints about the launch of its digital currency as early as December this year. RBI’s digital currency will supposedly be known as a digital rupee. “The Reserve
New Delhi: It was reported yesterday that hackers stole more than $600 million in Ethereum and other cryptocurrencies. The hackers did this by breaching the blockchain-based platform Poly Network. Now the hackers are ready to return the money. For this, the hackers also returned the token, which is an indication
