Caracas: A banana would cost $21 in Venezuela a few months ago. But by the year-end, the ordinary Venezuelan will not even be able to buy a banana for the same price. The Venezuelan inflation index has sky-rocketed by 1.3 million%, and the value of the local currency Bolivar has nosedived as compared to the […]
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Washington: The internet giant Google was hit by China and Russia’s cyberwar exercises. The users of Google’s services, Google Search and G Suite, faced many difficulties for about one and a half hour on Monday night. Although Google has refused to comment on the cyber attack, the experts and companies in the cybersecurity sector claim […]
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New Delhi/ Mumbai: The Reserve Bank of India (RBI) had declared a complete ban on the virtual Currency, Cryptocurrency transactions in India. Until then, the Supreme Court has postponed the next hearing on the petition is scheduled on 11th September. Accordingly, the court will announce its final verdict on this petition. The RBI had banned […]
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Nagpur: Cases of Bitcoin fraud, where money is extorted from investors by luring them and giving false assurances of large returns on their investment in the virtual currency Bitcoin, are on the rise. A similar racket was busted in Thane last month. However, along with Thane, there have been several such complaints in Pune, Nanded […]
Read More »Washington: The scope of the threats in the cyberspace is increasing by the day and the cybercrimes have costed the world economy to the tune of $600 billion. In rupee terms, this is an astronomical equivalent of ₹40 lakh crore. The leading US think tank, ‘Centre for Strategic and International Studies’ (CSIS) and the cyber […]
Read More »Berlin: Just as the cryptocurrency, Bitcoin, took a record leap to cross $10,000, investor and analyst Michael Novogratz predicts it to reach $40,000 by the end of next year. While hinting Bitcoin to be an economic bubble a couple of months ago, Novogratz had indicated Bitcoin value to hit $10000. On this background, his new […]
Read More »Washington: In the last two days, the currency ‘Bitcoin’ has taken a record leap by crossing the $ 9,000 mark. Bitcoin’s value has risen by 10 % in the last 24 hours, and on Sunday it reached $ 9,017.42. It has been revealed that the components like ‘Thanks Giving‘ of the United States and ‘Black Friday […]
Read More »Moscow: ‘Bitcoin’ rate hitting a record high of 7,888 Dollars three days back, has now sharply fallen by 1300 Dollars. In barely 48 hours, the ‘Bitcoin’ rate has declined by 17%. The fall may be triggered by sudden withdrawal of decision to implement technical improvement in ‘Bitcoin’. This decline substantiates the speculation of Bitcoin investment […]
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Australia central bank, the Reserve Bank of Australia has claimed that there is no need to put regulations on ‘Cryptocurrencies’ and the underlying ‘Blockchain’ technology. This information has emerged a month back during a hearing before the Australian Parliament. Just few months back, Australia had clarified that ‘Bitcoin’ could be used like any other currency. […]
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Amazon,the multinational giant with annual revenue of USD 136 billion and total assets worth USD 83 billion is reportedly getting ready to enter the Cryptocurrency sector. Reports say that the company, which is considered the leader in electronics, online shopping, cloud computing, etc. has registered 3 domains or web-addresses related to cryptocurrency. As of now, […]
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