Digital currency

What is Bitcoin and how does it work?

Bitcoin has evolved into a software-based payment online system or an alternative currency touted by a fervent group of followers.

Nov 29, 2017, 14:31 PM IST

Bitcoin skyrockets above $7,000 for first time ever

The latest rally was driven by news earlier this week that the world`s largest derivatives exchange operator CME Group is to launch bitcoin futures.

Nov 02, 2017, 16:08 PM IST

RBI looking into cryptocurrencies, not comfortable with bitcoin

Bitcoin is a digital currency that enables individuals to transfer value to each other and pay for goods and services by-passing banks and the mainstream financial system.

Sep 13, 2017, 12:42 PM IST

US indicts suspected Russian 'mastermind' of $4 billion bitcoin laundering scheme

US authorities also linked him to the failure of Mt. Gox, a Japan-based bitcoin exchange that collapsed in 2014 after being hacked.

Jul 27, 2017, 10:36 AM IST

Digital gold fever grips Japan, bitcoin value skyrockets

People in Japan can now pay in restaurants and shops and also settle their utility bills using bitcoins, a digital currency that Tokyo legalised as a valid form of payment along with other digital monies.

Jun 02, 2017, 18:44 PM IST

Wipro recieves 'threatening' letter; Rs 500 crore in digital currency of bitcoins demanded

IT major Wipro on Saturday said it has augmented security measures at all its office locations after receiving a "threatening letter from an unidentified source".

May 06, 2017, 18:03 PM IST

Reports on the impact of note ban on digital currency Bitcoin

Reports on the impact of note ban on digital currency Bitcoin. Watch this special segment and get to know more here.

Jan 04, 2017, 16:47 PM IST

DNA: Analysis of most valuable digital currency 'Bitcoin'

Analysis of most valuable digital currency 'Bitcoin'. Watch this special segment and get to know more here.

Nov 06, 2016, 00:23 AM IST

Ratan Tata, AmEx invest in digital currency start up Abra

US-based startup Abra Wednesday said Tata Group Chairman Emeritus Ratan Tata and credit card player American Express have made an undisclosed investment in the firm -- their first such venture involving digital currency.

Oct 22, 2015, 21:49 PM IST

Top EU court rules Bitcoin exchange tax-free in Europe

The EU's top court ruled today that the exchange of Bitcoin and other virtual currencies should be treated just like traditional money in Europe and not incur any sales tax.

Oct 22, 2015, 19:36 PM IST

EU markets watchdog to look deeper into digital currency investments

The European Union`s markets watchdog is examining trading investments based on digital currency systems like bitcoin, saying it is unclear whether ownership is legally enforceable.

Apr 22, 2015, 19:27 PM IST

Federal agents stole Bitcoin in Silk Road probe: US

Two undercover federal agents in the investigation of Bitcoin market Silk Road extorted and stole hundreds of thousands of dollars worth of the virtual currency for themselves, the US said Monday.

Mar 30, 2015, 23:54 PM IST

In boon for bitcoin, UK to regulate digital currency exchanges

Britain took a significant step towards becoming a global bitcoin hub on Wednesday as the government announced it would regulate digital currencies for the first time by applying anti-money laundering rules to exchanges.

Mar 19, 2015, 09:10 AM IST

Investors robbed of $11 mn Bitcoins in four years: Study

Frauds such as online ponzi schemes have skimmed at least $11 million in Bitcoin deposits from unsuspecting cyber customers over the past four years, a study says.

Jan 31, 2015, 13:45 PM IST

Bitcoin transactions may not be anonymous: study

However it was not clear if it is also possible to reveal the IP address behind each transaction.

Nov 26, 2014, 17:04 PM IST

Bitcoin promoter to plead guilty to unlicensed money transmission

Bitcoin entrepreneur Charlie Shrem has reached a plea deal to resolve U.S. charges that he engaged in a scheme to sell over $1 million of the digital currency to users of illicit online marketplace Silk Road, his lawyer said Friday.

Aug 30, 2014, 09:11 AM IST