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Crypto

Amrutha Pagad
Amrutha PagadAug 12, 2022 | 10:06
Remember the instant loan app harassers? ED thinks crypto exchange WazirX helped them

In 2020, the Hyderabad police launched an investigation into illegal instant loan apps. The loan apps were harassing borrowers to the extent that some died by suicide. Now, ED has found its links to the crypto exchange platform WazirX.

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Amrutha Pagad
Amrutha PagadJul 21, 2022 | 13:56
Tesla sells 75% of Bitcoin holdings. What does it mean for cryptocurrency?

It was only last year when Elon Musk and his EV car-making company made billions of dollars bet on Bitcoin sending the cryptocurrency's prices soaring. A year later, after a lot of promises by Musk, Tesla has sold 75% of its Bitcoin holdings.

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Akshata Kamath
Akshata KamathJul 06, 2022 | 18:39
El Salvador made Bitcoin legal currency. The country is in major trouble now

El Salvador has been a pro-bitcoin country since 2021, and President Nayib Bukele was the first to nationally crown Bitcoin as an equivalent of the US dollar. But the 55% fall in Bitcoin's value is now causing people to be skeptical if the country can repay its $800 million debt by January 2023.

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Vivek Mishra
Vivek MishraJun 24, 2022 | 14:37
Crypto exchange Binance signs NFT deal with Cristiano Ronaldo. Here's why

Binance, the world's biggest cryptocurrency exchange by trading volumes, has signed a partnership with star Portuguese footballer Cristiano Ronaldo for the promotion of non-fungible tokens (NFTs). As part of this deal, Ronaldo and Binance will create a series of NFT collections for sale on the company’s platform. Binance said that the first collection would be released later this year.

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