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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International Booker Prize 2024: Quick reviews of the six shortlisted novels
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The test of time: A jail mulaqat with Umar Khalid
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Bow and arrow or torch? In Maharashtra, confusion over new election symbols may help BJP, allies
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‘Santosh’ review: A thoughtful study of power and powerlessness
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First person: Why I came home from the UK to vote this year
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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: Classical dancers perform Bharatnatyam and Odissi duet to ‘Sakal Ban’ from ‘Heeramandi’
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Watch: Two musicians simultaneously play the violin with one hand and the piano with another
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Caught on camera: Streaking meteorite turns night sky blue across Portugal and Spain
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Watch: Ed Sheeran sings Punjabi remix of ‘Shape of You’, accompanied by Bhangra dancers
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Eco India: Even as technology lends a hand, India's farmers grapple with an uncertain future
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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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‘Santosh’ review: A thoughtful study of power and powerlessness
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Is Anirban Bhattacharya Bengali cinema’s white knight?
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Start the week with a film: Why Farah Khan’s ‘Main Hoon Na’ endures
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‘Chandu Champion’ trailer: Kartik Aaryan in biopic of Paralympic gold medalist Murlikant Petkar
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‘It Ends With Us’ trailer: Blake Lively stars in drama about an abusive relationship
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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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Athletics: India's 4x400 mixed relay team set national record, clinch gold in Asian Relay C’ships
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Football, Premier League: Manchester City win fourth straight title
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Hockey, FIH Pro League: Harmanpreet Singh – the calm leader and ruthless drag-flicker for team India
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IPL 2024: Rajasthan pipped to second spot by Hyderabad after match against Kolkata gets washed out
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IPL 2024: Abhishek Sharma stars as Sunrisers Hyderabad defeat Punjab Kings to cap off league stage