A woman living in Delhi has apparently lost around Rs 41 lakh from an unidentified hacker. The resident from Mayur Vihar has lodged a theft complaint to the economic offences wing of the Delhi Police. According to reports, the woman first lost bitcoins worth Rs 6.5 lakh to hackers who accessed her bitcoin account. The […]
In his recent conference at the Nordic Business Forum in Stockholm, the Apple Computer co-founder Steve Wozniak said that he has sold all his Bitcoins, that he once bought for $700. As per the price, he must have carried out the purchase either in June, or late October-early November of the year 2017. Although, he […]
Japanese web giant GMO Internet Group recently revealed that it will soon start paying its employees, a part of their salary through Bitcoin, Bitcoin and digital cryptocurrency website Coindesk reported. As per the release, GMO will be rolling out this system from February 2018 within GMO Internet Co. Ltd. expansion across the entire group and […]
[dropcap]A[/dropcap]pple co-founder Steve Wozniak (aka “Woz”) shared his insights about his experience with iPhone X. Talking about Apple’s flagship smartphone which was launched on its 10th anniversary, is something Woz said,”..its not what I would want.” He also highlighted the point that digital giants like Google and Facebook are raking in massive profits, at the […]
China on Monday banned individuals and organizations from raising funds through initial coin offerings (ICO), or launches of digital currencies, saying the practice constituted illegal fundraising. ICOs have become a bonanza for digital currency entrepreneurs, globally and in China, allowing them to raise large sums quickly by creating and selling digital “tokens” with little or […]
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Quadriga CX Bitcoin Founder died
One of India’s largest crypto-currency exchanges Zebpay is reportedly shutting down the company and closing its business. The Indian crypto market faced difficulties after the Reserve Bank of India barred banks and financial institutions from dealing with virtual currencies, including Bitcoins. “Despite regulatory and banking problems along our journey, we continued to look for solutions as we […]
In a recent news, Cryptocurrency Bitcoin fell below $8000, as investors stepped away from the risk exposure to cryptocurrencies, due to selloff in shares of technology and internet companies spilled over into other high risk assets Bitcoin is a cryptocurrency, a kind of electronic cash. It is a decentralized digital currency without a central bank or single administrator, though some […]
In the first decade of the 21st Century, Fintech referred to computer technology applied to the back office of banks or trading companies. It was used as a portmanteau of financial technology for describing any emerging financial services sector. Now, the term has evolved to include any technological innovation in the financial sector, ranging from […]
The person behind GBMiners, the firm credited for introducing bitcoin mining in India, has been arrested for swindling over 8000 investors of INR 2,000 crores in the state of Maharashtra alone. Amit Bhardwaj, one of most well-known person in the digital currency world, and his brother Vivek Bharadwaj were arrested after evading the police for […]
The RBI ordered all payment system operators in the territory of India to stop exporting their financial data outside the country. While announcing its bi-monthly monetary policy statement, the RBI also pointed out that in order to facilitate their access to all payment data for supervisory purposes, payment system operators are bound to keep all […]