Cryptocurrency
Digital currency not reliant on a central authority
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A cryptocurrency, crypto-currency, or crypto is a digital currency designed to work as a medium of exchange through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it. It has, from a financial point of view, grown to be its own asset class. However, on the contrary to other asset classes like equities or commodities, sectors have not been officially defined as of yet, though abstract versions of them exist.
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Crypto may never recover after Sam Bankman-Fried's downfallIt took just four hours for a jury to find fallen "crypto king" Sam Bankman-Fried guilty of fraud.Sky News - Published | |
Online fraud against US citizen: Cryptocurrency worth USD 930,000 seized by CBI from Ahmedabad-based manThe Central Bureau of Investigation (CBI) in India has seized over $930,000 worth of cryptocurrency from a man in Ahmedabad. The man allegedly cheated a US citizen by posing as a senior executive of a..IndiaTimes - Published | |
Crypto scheme that scans people's eyeballs being looked at by UK regulatorThe UK data watchdog is looking into a cryptocurrency scheme launched by OpenAI boss Sam Altman that offers digital coins in exchange for eyeball scans.Sky News - Published | |
Jake Paul, Lindsay Lohan, Soulja Boy Settle with SEC Over Crypto PromotionThe Securities and Exchange Commission is cracking down on Crypto companies ... and some big-name celebs -- including Jake Paul, Lindsay Lohan and Soulja Boy -- who praised the currency companies while..TMZ.com - Published | |
Crypto entrepreneur's net worth has fallen from $25.6bn to $100,000 after his firm collapsed A crypto entrepreneur says his net worth has fallen from $26.5bn to $100,000 after his company imploded.Sky News - Published | |
Crypto crisis deepens with values suffering heavy losses after Binance U-turns on FTX bailout Bitcoin hovered just above a two-year low overnight and other cryptocurrencies suffered heavy losses as FTX teetered on the brink of collapse.Sky News - Published | |
Bitcoin plunges to 2020 low as investors run from growing global recession fears Cryptocurrency values are taking a further pounding amid a resumption in a wider flight from risk over growing fears of an inflation-driven global recession.Sky News - Published | |
Cryptocurrency shouldn't fall in wrong hands, will spoil youth: PM Modi at Sydney DialogueParliamentary Standing Committee on Finance in its meeting reached a consensus that a mechanism should be put in place to regulate cryptocurrency.DNA - Published |
