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Monday, May 6, 2024
TopicCryptocurrency

Topic: cryptocurrency

Bitcoin on track for longest winning streak since 2019

The largest cryptocurrency reached an all-time high of $28,365 Sunday. Its price has more than tripled in 2020 amid a worsening pandemic.

Mark Zuckerberg’s attempt to relaunch Libra deserves a fair chance

Zuckerberg's plea for Libra, now called Diem, suggests Facebook is leaning more towards the kind of e-cash offered by PayPal or Alibaba than the revolutionary crypto dreams of Bitcoiners.

ED arrests cryptocurrency trader in Rs 1,100 cr Chinese online betting scam

The ED said it conducted raids at the registered offices of some companies who were illegally running online betting apps on websites which are hosted from outside India.

Facebook-backed crypto group rebrands Libra as Diem Network in hopes of fresh start

After Libra launched in June 2019, politicians and regulators raised concerns about privacy, money laundering and companies like Facebook taking power away from central banks.

Bitcoin and China are winning the Covid-19 monetary revolution

Covid-19 has been good for Bitcoin & cryptocurrency generally. By accelerating our advance into a more digital word, what might have taken 10 years has been achieved in 10 months.

Bitcoin’s gunning for a record and no one’s talking about it

Bitcoin has been through a boom and bust and a second boom since its frenzied heydays in 2017. But the mania that surrounded digital currencies back then is largely absent.

Florida teenager in massive Twitter hack case pleads not guilty

Florida teen Graham Ivan Clark has been charged with posting messages on behalf of over 100 notable personalities, including Barack Obama, as part of a cryptocurrency scam.

Twitter cryptocurrency scam echoes similar rackets on YouTube in the past

Though the link between the schemes on Twitter and YouTube aren’t definitive, the possibility that they are connected may give investigators ways to identify the perpetrators.

Why India must not drop out of the global cryptocurrency race

If India wants a voice in a world of two clashing superpowers & competing networks for moving money cheaply, it needs to build its own crypto capabilities.

To use cryptocurrency or not is no more a question in India. RBI must now fix payment market

Facebook’s Libra clearly demonstrates a demand for cheaper and faster global payments service. RBI must accelerate its research on payment methods to serve this demand.

On Camera

‘Trade, not aid’—Narasimha Rao’s 1991 reforms speech that changed India’s economic landscape

On 9 July 1991, then-PM PV Narasimha Rao addressed the nation days before the Budget presentation, admitting that the job of repairing India's sick economy won't be easy, quick, or smooth.

Air India reduces baggage allowance by 5-15 kg, bringing it in line with rest of industry

Air India’s new policy, effective from 2 May, introduces new weight limits for tickets in each of the different 'fare families' — Comfort, Comfort Plus, and Flex.

China builds road through Shaksgam Valley, India registers protest

New Delhi has, in past, too, objected to Chinese construction activities in Shaksgam Valley. Work in this strategic region gathered pace after the 2017 Doklam stand-off.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.