Crypto market News

The company managed to stop the unauthorised access shortly after learning about it and launched an immediate investigation.

You need to be careful before transacting and trading in crypto-currency. The Government of India has now implemented the provisions of money laundering in crypto-currency trading. Now the transaction of digital currency of crypto will also come under money laundering.

Now that Cryptocurrency has been part of financial ecosystem, though very challenging the huge returns has always attracted the investors to take high risk. In August 2020, the rise of Shiba Inu in such a short period of time is nothing short of uncanny.

Bitcoin fell 0.61 percent to Rs 37,59,371, while Ethereum surged 1.84 percent to Rs 2,96,891 in major cryptocurrencies trading. Avalanche jumped 4.75 percent to Rs 8,700, while Cardano dipped 1.23 percent to Rs 105.18.

The second-largest cryptocurrency ether jumped more than 10% to as high as $2,321, erasing losses of 8.6% on Sunday that pushed it to near a two-month low around $1,730. The attention on Chinese miners - who account for some 70% of supply - is the latest front in a wider push by Beijing against the cryptocurrency sector. In the short-term, market players said, that is likely to lead to pressure on prices as miners sell bitcoin held on their balance sheets.