New Delhi: The Indian cyber security agency has issued a warning against the “Royal ransomware” virus that attacks critical sectors like communications, healthcare, education, and even individuals and seeks pay-off in Bitcoins for not leaking personal data in the public domain. The Indian Computer Emergency Response Team or CERT-In has stated in the latest advisory … Read more
Bitcoin’s wild gyrations in 2021 have made sure of one thing: The future of money will be electronic, but it won’t remotely resemble a cyberpunk utopia. People’s power will bow to sovereigns’ might. The mania and panic that have gripped decentralized cryptocurrencies are heightening the attraction of their coming rivals: digital cash, issued by central … Read more
MUMBAI: Tesla founder Elon Musk tweeted today that Tesla has “diamond hands” by using the emoji for diamond and hands amid a meltdown in the global cryptocurrency market. Musk’s tweet could be interpreted as the company’s commitment to hold on to their Bitcoin position that the company took earlier this year with an investment of … Read more
It’s a Catch-22 situation for wealthy Indians who bought Bitcoins from overseas markets and held them in offshore wallets as the fate of cryptos hangs in limbo in India. They are now in a quandary over how to account for, and whether to disclose, these ‘digital assets’. If they hide these investments from the taxman, … Read more
A $150-billion Morgan Stanley investing arm known for its prowess in picking growth stocks is considering adding Bitcoin to its list of possible bets. Counterpoint Global, a unit of Morgan Stanley Investment Management that’s racked up wins in mutual-fund rankings, is exploring whether the cryptocurrency would be a suitable option for its investors, according to … Read more
NEW DELHI — Police in New Delhi say they have arrested more than 50 people over a call center scheme that lured victims into thinking their assets were being frozen as part of an elaborate drug investigation and would then transfer money to avoid going to jail. According to authorities, scammers in the plot would … Read more