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| DRI seizes ₹49 crores in demonetised currency notes "Acting on specific intelligence, the officers of DRI, Surat, assisted by officers of CGST at Vadodara raided the premises of M/s Yamuna Building Material at GIDC Panoli in Bharuch and recovered demonetised currency notes of ₹1000 and ₹500 of face value of ₹48.91 crore," the DRI said in a release.
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The CEO of Coinbase Wants You to Chill Out on Bitcoin Coinbase CEO Brian Armstrong is excited about the meteoric rise of bitcoin. Except that part when the price of digital currencies reaches so high that it creates extreme volatility and puts stress on the bitcoin broker's system, which is what happened Thursday. And so Armstrong posted a ...
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| Dash Aims to Build Easy-to-Use Digital Currency Bitcoin's founders intended to make money decentralized, but the first solution to market isn't always the most effective. The founders of Dash paid attention to this and found a way to improve. In this case, Bitcoin possesses some fundamental flaws, such as non-private and non-anonymous transactions.
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| South Korea mulls bitcoin regulations as futures trading launch nears "People are probably affected by those who say they made a lot of money from bitcoins," said Kim Do-hyung, a 21-year-old who invested in bitcoins and another crypto currency called stratis. "Young people don't make a lot of money. It looks like easy money for them," he said. Kim, who just finished the ...
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| Fake Currency Worth 6 Lakh Seized Jammu—Two persons have been arrested here and fake currency with a face value of Rs 6.37 lakh seized from their possession, police said on Friday. The incident came to light on December 1, when one Bahar Din, a resident of Reasi district, lodged a complaint of receiving fake currency with a face ...
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| Litecoin Reaches New High, Up Nearly 3000% This Year The digital currency, a fork of Bitcoin, rose to as much as $132.34 earlier today, according to CoinMarketCap. By reaching this level, Litecoin has risen more than 2,950% from its price of roughly $4.33 at the start of 2017, additional CoinMarketCap data shows. [Ed note: Investing in cryptocoins or tokens ...
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| Pakistan to allow rupee depreciation after IMF talks This calculated move allowed the currency rate to touch Rs110 to a dollar on Friday before settling down at around Rs107 and did not go beyond official estimates. The two weekend holidays would give breathing space instead of over-steaming the exchange rate. People in the know said the IMF had ...
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| Bitcoin is none of the things it was supposed to be In the early days of Bitcoin, evangelists tried to use it for everything, including salaries, pizza, and Bitcoin swag. This was in the spirit of Nakamoto's proposal, but the network effects were not there. There simply weren't enough merchants accepting Bitcoin, or enough customers holding the currency.
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| Challenges Faced By Cryptocurrency Startups In India Bitcoin perse is nothing but a strip of code but has been given the status of currency all around the world because like any other currency it is used for trading, its value fluctuates on a daily basis and it is also used for making payments internationally. However, unlike conventional currencies, Bitcoins are ...
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| Two fake currency notes suppliers held in Delhi Two Fake Indian Currency Notes (FICN) suppliers have been arrested here and fake currency notes worth Rs 3 lakh recovered from their possession, police said on Friday. Police said the accused Asif, 24, and Shakeel, 32, used to take the fake currency from Bihar and further deliver it to their contacts in ...
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