Cryptocurrency: News
Cryptocurrency is a digital or virtual asset that is secured using cryptographic keys. Each unit of a cryptocurrency is uniquely identifiable yet interchangeable. Many cryptocurrencies including Bitcoin and Ethereum are based on Blockchain technology— a distributed ledger system that maintains a crowdsourced record of every transaction. Such networks are maintained using peer-to-peer connections over the internet, just like torrents. Blockchain records are also tamper-proof and irreversible. Interestingly, cryptocurrencies are not issued by a central governing body thereby absolving them of scope for government manipulation and interference. The currency can never be converted into a physical equivalent, although it can be traded in exchange for goods and services offered by merchants. Like regular currency, cryptocurrencies are also subject to fluctuations in value based on demand and supply. The supply is generated by a process called “mining” where computers solve increasingly complex has calculations to match cryptographic keys that then unlock units of the cryptocurrency. Mining is also crowdsourced and records for mined currency are combined with transaction records on the currency’s blockchain. Launched in 2009 by an unknown entity/group named Satoshi Nakamoto, Bitcoin is the world’s first open-source decentralized cryptocurrency.
Crypto thefts all-time high as North Korean hackers steal $2B
North Korean hackers have been linked to a record surge in cryptocurrency thefts, with over $2 billion stolen in the first half of 2025.
Bitcoin hits all-time high of $121,000: Here we decode why
Bitcoin has hit an all-time high, crossing the $121,000 mark for the first time ever.
You can soon pay for your Emirates flight using cryptocurrency
Emirates, a major airline based in Dubai, has signed a preliminary agreement with cryptocurrency platform Crypto.com.
Hacker stole cryptocurrency worth $250,000 using fake Trump inauguration emails
A hacker has been accused of using fake Donald Trump inauguration emails to defraud a cryptocurrency investor of over $250,000.
Didn't report crypto gains? Here's how to fix your ITR
The Income Tax Department has issued notices to thousands of taxpayers who failed to declare their cryptocurrency earnings in their returns for the assessment years 2023-24 and 2024-25.
Donald Trump made almost $58M from cryptocurrency last year
US President Donald Trump made a whopping $57.7 million from token sales by World Liberty Financial, a cryptocurrency company he and his sons helped launch last year.
This crypto company went public and shares surged 235% instantly
Circle Internet Group, a prominent stablecoin issuer, has witnessed an extraordinary surge in its share value.
'The Altruists': Netflix series on $8B FTX fraud is coming
Netflix is set to explore the infamous FTX cryptocurrency exchange scandal with a new limited series titled The Altruists.
Pakistan plans Bitcoin reserve—but central bank reaffirms crypto ban
The State Bank of Pakistan (SBP) and the Finance Ministry have reiterated that all cryptocurrency transactions are illegal under current laws.
Struggling for cash, Pakistan bets big on Bitcoin and AI
Pakistan is dedicating 2,000 megawatts (MW) of electricity to facilitate Bitcoin mining and artificial intelligence (AI) data centers.
Trump hosts exclusive dinner for top $TRUMP memecoin investors
US President Donald Trump hosted an exclusive dinner for the top investors of his cryptocurrency, $TRUMP memecoin.
Bitcoin hits new all-time high of $111,300
Bitcoin has reached a new all-time high of $111,333, breaking its previous record set in January this year.
Coinbase data leak 'could kill people,' warns millionaire entrepreneur
Michael Arrington, an American investor and founder of TechCrunch, has raised serious alarms over a recent data breach at Coinbase.
$TRUMP meme coin creators reaped millions—while 760,000 investors lost money
According to an analysis, nearly 764,000 investors who bought the $TRUMP meme token have lost money.
Sam Altman's iris-scanning ID project launches in US
Sam Altman's eye-scanning identity verification project, World, has officially started its operations in the US.
'iHostage': Netflix's latest thriller explores true hostage crisis
iHostage is a gripping Dutch thriller that has been topping Netflix charts.
Trump crypto surges 70%—as president offers dinner to top investors
The value of Donald Trump's cryptocurrency, the $Trump meme coin, has skyrocketed after the US President announced exclusive dinners for top investors.
Musk warns against 'hot girl' crypto scam: What is it?
Tesla CEO Elon Musk recently posted a meme on X to caution his followers against cryptocurrency scams.
What makes cryptocurrency so volatile? 5 key factors explained
Cryptocurrency volatility is a widely covered and analyzed topic. Knowing what causes these swings can offer a lot of insights for investors and enthusiasts alike.
Debt-ridden Pakistan plans to legalize crypto to boost revenue
Pakistan is moving closer to legalizing cryptocurrency trading, newly appointed Pakistan Crypto Council CEO Bilal bin Saqib said.
Hollywood director arrested for scamming Netflix out of $11M
Hollywood director Carl Erik Rinsch was arrested on Tuesday in West Hollywood on charges of money laundering and fraud.
US establishes $17B 'Strategic Bitcoin Reserve': How it will work
The United States has created a "Strategic Bitcoin Reserve," an initiative that further highlights President Donald Trump's support for the cryptocurrency space.
Trump family eyes investment in Binance as founder seeks pardon
The Trump family is eyeing an investment in the US division of cryptocurrency exchange, Binance, according to The Wall Street Journal.
Binance raises record $2B from Abu Dhabi's sovereign wealth fund
In a major development, Abu Dhabi's state-owned investment firm MGX has pumped a whopping $2 billion into Binance.
Most wanted crypto kingpin arrested in India—Who is Aleksej Besciokov?
A Lithuanian national and co-founder of cryptocurrency exchange Garantex, Aleksej Besciokov, has been arrested in India.
Bitcoin hits $79,000—lowest level since Trump's return as President
The cryptocurrency market is witnessing a major sell-off, led by Bitcoin and Ether.
Bybit breach: Hackers cash out stolen cryptocurrency worth $300M
The notorious Lazarus Group, a hacking team believed to be associated with the North Korean government, has cashed out at least $300 million from a recent $1.5 billion crypto theft.
Why Trump has created a Bitcoin reserve in the US
US President Donald Trump has signed an executive order to create a "Strategic Bitcoin Reserve," as confirmed by David Sacks, White House Crypto and AI Czar, in a post on X.
Crypto market loses $300B as tariff wars spark sell-off
The cryptocurrency market has taken a massive hit, losing $300 billion in value in a single day.
Bitcoin surges beyond $95,000 following Trump's US crypto reserve announcement
Bitcoin witnessed a massive surge, crossing the $95,000 mark after US President Donald Trump announced plans for a massive US crypto reserve.
'Fake, misleading': Tamannaah Bhatia denies involvement in ₹2.4cr cryptocurrency scam
Actor Tamannaah Bhatia has strongly denied allegations of her involvement in a ₹2.4 crore cryptocurrency fraud case.
Tamannaah Bhatia, Kajal Aggarwal to be questioned in cryptocurrency scam
Actors Tamannaah Bhatia and Kajal Aggarwal are reportedly going to be questioned by the Puducherry Police in a cryptocurrency fraud case.
Bitcoin plunges 20% from peak, hits $83,000 mark
Bitcoin, the world's largest cryptocurrency, has taken a major hit, falling over 5% to hit an intra-day low of $83,740 on Thursday.
FBI says North Korea behind Bybit hack—world's biggest crypto heist
The Federal Bureau of Investigation (FBI) has accused North Korea of a major cyber theft, stealing around $1.5 billion in digital assets from cryptocurrency exchange ByBit.
Avoid these costly crypto tax mistakes before it's too late
Cryptocurrency has quickly emerged as a preferred investment choice globally, and India is no exception.
Bybit buys $1.25B in ETH tokens following biggest-ever crypto hack
Leading cryptocurrency exchange Bybit has acquired Ethereum (ETH) tokens worth some $1.25 billion.
Hackers steal $1.4B from Bybit in biggest-ever crypto heist
In a shocking development, popular cryptocurrency exchange Bybit has become the victim of the largest crypto theft in history.
Argentina's President Javier Milei might be impeached for promoting cryptocurrency
Argentina's President Javier Milei may be impeached after his endorsement of a cryptocurrency caused massive losses to investors.
Arrest warrant against Sonu Sood—Link to ₹10L fraud case explained
A Ludhiana court has issued an arrest warrant against Bollywood actor Sonu Sood in an alleged fraud case.
Beware! This crypto-stealing malware is targeting Android, iOS users
A new malware, dubbed SparkCat, is putting the security of Android and iOS users at risk.
MicroStrategy rebrands to 'Strategy' as Bitcoin remains core focus
In a major rebranding, MicroStrategy, the top US-based business intelligence firm and biggest corporate holder of Bitcoin, has announced that it will now operate under the name "Strategy."
'Rich Dad Poor Dad' author predicts market crash in February
Robert Toru Kiyosaki, the celebrated author of Rich Dad Poor Dad, has predicted a major financial crash.
Bill Gates backs Elon Musk's Dogecoin vision, fiscal strategy
Former Microsoft CEO and famous philanthropist Bill Gates has publicly endorsed Tesla CEO Elon Musk's fiscal strategy and his support for Dogecoin.
Bitcoin hits $105,000 after Trump's executive order supporting cryptocurrency
Bitcoin, the world's number one cryptocurrency, has jumped a whopping 3% in value after an executive order from US President Donald Trump.
ED probes Paytm, Razorpay, others over crypto scam worth ₹2,200cr
India's Enforcement Directorate (ED) is now investigating some of the most popular payment gateways, including Paytm, Razorpay, PayU, and Easebuzz.
US banks ready for crypto payments: Bank of America CEO
Bank of America's CEO Brian Moynihan has said that the US banking industry is ready to adopt cryptocurrencies for payments, if given the green light by regulators.
Trump pardons Ross Ulbricht, founder of drug marketplace Silk Road
Ross Ulbricht, the notorious operator of the dark web marketplace Silk Road, has been pardoned by President Donald Trump.
Bitcoin hits all-time high of $109,000 ahead of Trump's inauguration
Bitcoin (BTC), the world's biggest cryptocurrency by market value, has hit an all-time high today, breaching the $109,000 mark.
Trump's memecoin crashes 50% as wife launches a rival cryptocurrency
Melania Trump, the wife of US President-elect Donald Trump, has launched her own meme coin called $MELANIA.
Meet $Trump: Donald Trump's cryptocurrency with market value of $5.5B
US President-elect Donald Trump has launched his own cryptocurrency, called $Trump.
Mukesh Ambani's Jio Platforms makes entry into cryptocurrency with JioCoin
Reliance Industries's tech arm, Jio Platforms, has launched a reward token called JioCoin.
North Korea stole $659M in crypto last year: US government
The United States, South Korea, and Japan have jointly accused North Korean state-backed hackers of stealing over $659 million in cryptocurrency last year.
Robinhood agrees to $45M settlement with SEC: What went wrong?
Robinhood Markets Inc. has reached a $45 million settlement with the US Securities and Exchange Commission (SEC).
WazirX hack: CoinSwitch launches ₹600cr recovery program for affected users
Popular cryptocurrency investment platform CoinSwitch has announced a ₹600 crore recovery initiative called 'CoinSwitch Cares.'
Telegram introduces 3rd-party account verification: Here's how it works
Telegram has started the year with a bang, introducing a new account verification method powered by third parties.
Why Musk changed his name on X to 'Kekius Maximus'
Elon Musk, the tech tycoon famous for his social media shenanigans, has once again caught attention by changing his personal information on X.
FTX crypto scandal: Why 2 executives are getting early release
Ryan Salame and Caroline Ellison, former executives of the now-defunct cryptocurrency trading platform FTX, have had their prison sentences reduced.
North Korean hackers looted cryptocurrency worth whopping $1.3B this year
Cybercriminals have managed to steal a whopping $2.2 billion from different cryptocurrency platforms in 2024, a new report from Chainalysis has revealed.
Sold cryptocurrency before 2022? You will be taxed less
The Income Tax Appellate Tribunal (ITAT) in Jodhpur has ruled that profits from cryptocurrency sales should be classified as capital gains and not income. This will lead to lower tax liabilities.
Bitcoin hits record high of $106,493 amid Trump's pro-crypto stance
Bitcoin has hit an all-time high, trading at $106,493 today.
Welsh man loses $710M in Bitcoin due to ex-girlfriend's blunder
James Howells, a Welsh man is locked in a legal battle to recover his lost Bitcoin fortune now worth an estimated $710 million.
Delhi: ED team attacked during raids in cyber fraud case
An Enforcement Directorate (ED) team was attacked while conducting a raid in Delhi's Bijwasan on Thursday.
How one co-founder avoided jail in $11 billion FTX scandal
Gary Wang, the co-founder of FTX, has avoided prison time owing to his extensive cooperation in a case against Sam Bankman-Fried.
Hacker behind billion-dollar Bitcoin heist gets 5-year sentence
Ilya "Dutch" Lichtenstein, the mastermind behind a major Bitcoin heist, has been sentenced to five years in prison by a Washington federal court after being pleaded guilty last year.
Bitcoin nears $90,000 mark, market cap now higher than silver
Bitcoin's latest rally has pushed it beyond silver, making it the eighth biggest asset in the world.
FTX files $1.8 billion lawsuit against Binance and its ex-CEO
FTX, the now-defunct cryptocurrency firm, has sued Binance and its former CEO Changpeng Zhao.
Bitcoin on a record-breaking rally, now nearing $90,000 mark
Bitcoin, the world's largest cryptocurrency, is on a record-breaking rally, closing in on $90,000.