Bitcoins News

Central banks acquired 1,045 tonnes of gold in 2024, marking the third consecutive year of purchases surpassing 1,000 tonnes. Over the last 3 years, central banks bought more gold than in 6 years before 2022. 

Some 27% of Americans aged 18-60 - around 50 million people - have owned or traded crypto in the past six months. Indeed bitcoin is trading at around $30,000, down 60% from a peak of $69,000 in November.

Later on this year Britain will consult on creating regulations for a wider set of cryptoassets like bitcoin, taking the sector`s energy consumption into account. All stablecoins that reference a fiat currency should be regulated, the government said. Later on this year Britain will consult on creating regulations for a wider set of cryptoassets like bitcoin.

Govt seeks to block most cryptocurrencies. New Bill in Parliament. Cryptocurrency and Regulation of Official Digital Currency Bill, 2021.

Govt seeks to block most cryptocurrencies. New Bill in Parliament. Cryptocurrency and Regulation of Official Digital Currency Bill, 2021.

The government considered making the holding, issue, mining, trading, and transfers of crypto-assets illegal earlier this year. On November 23, all major cryptocurrencies dropped by 15% or more, with Bitcoin down over 17%, Ethereum down almost 15%, and Tether down nearly 18%.

The cryptocurrency fell below that level on September 7. On Tuesday, Bitcoin rose as much as 2.35% to hit $50,398.10.

Google has now identified these malicious apps and removed them from Play Store. These apps masquerading as genuine apps were giving good returns on investments in cloud-mining operations. It was found that these malicious apps were tricking users to watch ads, pay for subscription services.

Bitcoin fell as low as $32,094 to its lowest in 12 days, dragging smaller coins down. It was last down 8.3%, on course for its biggest daily drop in a month. The world`s biggest cryptocurrency, long plagued by volatility, has lost over 20% in the last six days alone and is down by half from its April peak of almost $65,000.

Bitcoins are still a niche business and it also becomes a risk for car dealers as they are not tech-savvy. Meanwhile, another dealer from California, Pietro Frigerio said when bitcoin prices surged in 2017, his store sold 20 cars in a month. Peter Saddington, the founder of cryptocurrency startup Emrit, bought a Lamborghini Huracan in 2017 using bitcoin.

The 18-year-old had purchased Bitcoins worth US$1,000 but was reportedly cheated in the process. He wanted FBI to take action.

Canaan is expected to present itself to investors not so much as a bitcoin company, but as a chip designer focused on developing other markets in artificial intelligence and blockchain, the electronic ledger that underpins bitcoin.

The Finance Ministry has equated investment bubble of Bitcoin to ponzi schemes.

The app would permit a range of transactions, including payments, remittances, business-to-business commerce, supply chain finance, asset management and trading.

The department, official sources said, found that out of the estimated 20 lakh entities registered on these exchanges, about 4 to 5 lakh were "operational" and indulging in transactions and investments.

A woman from New York tried to fund the Islamic State (IS) terror group through Bitcoins and other cryptocurrencies, according to federal prosecutors.

The statement was issued after the cryptocurrency, which trades 24 hours a day and seven days a week, climbed as high as $11,799.99 on the Luxembourg-based Bitstamp exchange on Sunday.

They made headlines for suing Mark Zuckerberg on charges that he stole the idea of Facebook from them. They received a hefty payout and invested $11 million to buy Bitcoin. Over a period of four years, twins Tyler and Cameron Winklevoss have become billionaires.

The hackers behind HBO`s recent data breach have leaked an email in which the U.S. cable channel offered them $250,000 as a "bounty payment," Hollywood trade paper Variety reported on Thursday.