Cryptocurrency
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A lawsuit against Binance in the US signals the end of crypto’s Wild West days
US regulators are bringing more enforcement actions against crypto firms, with the latest targeting top exchange Binance.
Andrew Urquhart, The Conversation & Hossein Jahanshahloo, The Conversation
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Centre extends money laundering provisions to cover cryptocurrency trade
All crypto exchanges in India will now be required to report suspicious activity to the Financial Intelligence Unit.
Scroll Staff
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Cryptocurrency trade is similar to gambling and should be banned, says RBI governor
However, Shaktikanta Das said that the technology of blockchain needs to be supported as it has many other applications.
Scroll Staff
Trending
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These innovations have made Amrik Sukhdev Dhaba in Murthal the truck drivers’ favourite since 1967
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In Sambhal, Muslims allege UP police stormed booths, snatched IDs and beat up voters on polling day
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Ambitious tourism plans for Lakshadweep ignore limited availability of freshwater
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The numbers show the idea of Muslim population explosion is nothing but political propaganda
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Why BJP leaders’ comments on study about Muslim population in India are misleading
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Private cryptocurrencies will constitute next financial crisis, warns RBI governor
Central bank chief Shaktikanta Das also said that the cryptocurrencies should be banned.
Scroll Staff
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Why the collapse of the $30 billion FTX crypto exchange is not surprising
The rapid disintegration is a reminder about the risks of trading in ‘assets’ with no underlying fundamental value on loosely-regulated exchanges.
John Hawkins, The Conversation
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World’s second-largest cryptocurrency firm FTX files for bankruptcy
The company’s Chief Executive Officer Sam Bankman-Fried has also stepped down.
Scroll Staff
Video
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Watch: Students in Pakistan enact moments from Anant Ambani and Radhika Merchant’s pre-wedding event
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‘Hind’s Hall’: Rapper Macklemore releases poignant song in support of Palestine, US campus protests
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Met Gala 2024: From Alia Bhatt to Isha Ambani, what Indians in attendance wore
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Watch: South Korean band performs Rabindra Sangeet accompanied by traditional Korean instruments
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Watch: This man fused hip-hop with Bharatnatyam to dance to Shakira’s ‘Hips Don’t Lie’
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In South Africa, teenagers are getting drawn to crypto trade – but at a high cost
Authorities and financial experts warn of fraud, losses and mental anguish.
Kimberly Mutandiro, Thomson Reuters Foundation
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ED freezes bank assets worth Rs 64.67 crore of crypto exchange WazirX
The company is under investigation in two cases related to the Foreign Exchange Management Act, the finance ministry had told Parliament on Tuesday.
Scroll Staff
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RBI suggested ban on cryptocurrencies, says Finance Minister Nirmala Sitharaman
The central bank is of the opinion that since it or the government does not issue cryptocurrencies, they cannot be considered legal tender, she said.
Scroll Staff
The Reel
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‘Murder in Mahim’ review: A crime as unjust as wrongful death
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‘Srikanth’ review: An inspiring tale of remarkable achievement
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‘The Boy and the Heron’ review: An animation legend rolls out enchantment and emotional resonance
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Watch: Politics, ambition and crime in Vasantha Balan’s ‘Thalaimai Seyalagam’
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How the fantasy film ‘Pathala Bhairavi’ heavily influenced Telugu cinema
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Crypto is great for gambling, but lousy as usable currency
As the losses in the cryptocurrency markets demonstrate, decentralised finance has yet to prove it is a viable alternative to the centralised banking system.
John Hawkins, The Conversation
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How cryptocurrency scams work and what to watch out for
Such frauds are especially painful because the probability of retrieving lost funds is close to zero.
Yaniv Hanoch, The Conversation & Stacey Wood, The Conversation
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Crashing prices of cryptocurrencies are testing the will of even the most avid investors
Is this just another crash in the volatile crypto market, or is this the beginning of the end for this alternative asset class?
Andrew Urquhart, The Conversation & Brian Lucey, The Conversation
The Field
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Table Tennis, Saudi Smash: Manika Batra’s dream run ends in quarter-finals
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Athletics, Doha Diamond League 2024: Neeraj Chopra, Kishore Jena open season – All you need to know
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IPL 2024: Virat Kohli stars as Bengaluru beat Punjab to stay in hunt for playoff spot
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India tour of Bangladesh: Radha Yadav stars in fifth T20I as visitors sweep series
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Athletics, Doha Diamond League 2024: In Olympic year, Neeraj Chopra keen to lay down the marker