The major crypto tokens were trading in the red on Monday, dragged by the losses in Bitcoin and Ethereum. Meanwhile, the global cryptocurrency market cap declined 1.26% to around $1.42 trillion in the last 24 hours. At 9.45 a.m., BTC was trading 1.05% lower at $37,321, while the second most popular token, Ethereum, was down … Read more
Speculative crypto demand is widening beyond Bitcoin’s revival. Gauges tracking the bottom half and 30 mid-tier tokens in MarketVector’s index of the largest 100 digital assets are up 16% and 14% respectively so far in November — exceeding the wider measure’s 4% gain and a 1% rise in Bitcoin. As a result, Bitcoin’s share of … Read more
Worldcoin, the cryptocurrency project set up by OpenAI CEO Sam Altman, aims to establish a global ID network akin to India’s Aadhaar biometric ID system, a senior employee told Reuters. More than 2.4 million people have signed up to have their irises scanned by Worldcoin’s “orb” devices in exchange for a digital ID and free … Read more
Marrakech, Morocco: The G20 finance ministers and central bank governors (FMCBG) agreed to “ambitious efforts” for substantially reforming and strengthening multilateral development banks (MDBs), including increasing their lending capacity. They also adopted a road map for the regulation of crypto assets, marking significant progress on India’s G20 agenda. “…The G20 finance track saw key achievements … Read more
India’s G20 presidency has focused on global collaboration regarding virtual digital assets. The IMF and the FSB created this paper at the request of the Indian G20 Presidency to synthesise the IMF’s and the FSB’s (together with the SSBs‘) policy suggestions and criteria. The paper offers a comprehensive set of policy and regulatory recommendations aimed … Read more
As the world transitions from Web2 to a decentralized Web3, there seems to be a wide-spread conviction in the promise of virtual digital assets (VDAs). One of the most popular uses of VDAs is for investments and trading which was boosted by the rapid appreciation in their value experienced in 2021. Various surveys indicate that … Read more
FTX founder Sam Bankman-Fried left a federal courtroom in handcuffs on August 11 when a judge revoked his bail after concluding that the fallen cryptocurrency wiz had repeatedly tried to influence witnesses against him. Bankman-Fried drooped his head as Judge Lewis A. Kaplan explained at length why he believed the California man had repeatedly pushed … Read more
File. | Photo Credit: Reuters Bankrupt crypto exchange FTX said in a report to creditors on January 17 that about $415 million in cryptocurrency had been stolen in hacks. FTX has said it had recovered over $5 billion in crypto, cash and liquid securities, but that significant shortfalls remained at both its international and U.S. … Read more
Amsterdam: Tulips and bitcoin have both been associated with financial bubbles in their time, but in a giant greenhouse near Amsterdam the Dutch are trying to make them work together. Engineer Bert de Groot inspects the six bitcoin miners as they perform complex sums to earn cryptocurrency, filling the air with a noisy whine along … Read more
“Aikido helped me learn to use conflict to strengthen relationships. It helps to empathize and remember that the person attacking you never thinks that they’re the villain of the story,” says Vikram Rangala, Director & Chief Ohana Officer at ZebPay. In an interview with ETMarkets, Rangala, said: “The best traders all have habits and checklists. … Read more