cryptocurrencies

cryptocurrencies

Cyber criminals looted ₹1,750 cr upto April this 12 months: NPCI

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Pointing to the “alarming state of affairs” of economic crimes in India, Ajay Kumar Choudhary, Non-Govt Chairman and Impartial Director, Nationwide Funds Company of India (NPCI), on Thursday stated cyber criminals have siphoned off ₹1,750 crore within the first 4 months of 2024. “The rising sophistication of fraud, typically leveraging AI and cryptocurrencies, poses vital … Read more

Does the cryptocurrency crash pose a threat to the financial system?

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[ad_1] WASHINGTON- On Tuesday, Bitcoin fell briefly below $30,000 for the first time in 10 months, while cryptocurrencies overall have lost nearly $800 billion in market value in the past month, according to data site CoinMarketCap, as investors fret about tightening monetary policy. Compared with the Fed’s last tightening cycle which began in 2016 crypto … Read more

Lehman moment for crypto market? Experts say 90% of tokens may be wiped out

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[ad_1] New Delhi: It is a complete carnage in the crypto market, with the top 20 names dropping as much as 35 per cent in the last 24 hours alone. The fall in smaller tokens is steeper and the pain more severe. The global market capitalization of all the crypto tokens has tumbled below $1.2 … Read more