Percent

Tether Says It Will Use 15 Percent of Its Profits to Buy Bitcoin; Aims to Diversify Reserves

Most investments coming to cryptocurrencies are aimed at diversifying the financial portfolios of individual as well as institutional investors. Tether…

5 months ago

Bankrupt Crypto Lender Voyager Digital Hopeful to Provide 35 Percent Customer Payout

Crypto lender Voyager Digital said Wednesday that customers will recover about 35 percent of their cryptocurrency deposits as the company…

5 months ago

Crypto Firms Bagged $2.6 Bln in 2023 Q1 Investments, Number Down by 78 Percent from 2022: Pitchbook

A total of 353 funding rounds fetched $2.6 billion (nearly Rs. 21,390 crore) towards start-ups working in the crypto sector…

5 months ago

Crypto Investments by Family Businesses Spiked from 16 Percent to 32 Percent in Two Years: Goldman Sachs

The global crypto sector is booming in different parts of the world, currently sitting on a market capitalisation of $1.14…

5 months ago

US Government May Impose Disciplinary 30 Percent Taxes on Crypto Miners: Details

The US, in recent years, has emerged as a hotspot for crypto miners to establish their operations, especially after China…

5 months ago

BTC, ETH Record Notable Losses After Period of Surge, Crypto Market Plunges by Over 4 Percent

The crypto market is infamous for its volatility, that means, from riding high one day, the prices of cryptocurrencies can…

5 months ago

Bitcoin Usage in El Salvador Down from Last Year, Crypto Remittances Drop by 18 Percent

El Salvador, that has been criticised by the IMF for legalising Bitcoin as a payment option, is reportedly witnessing a…

5 months ago

India Clocked 0.07 Percent Crypto Tax Payers; Over 99 Percent Global Investors Evaded Dues: Divly Report

The crypto community of India has not been very supportive of the tax rules that the government enforced on the…

6 months ago

India’s Debated 1 Percent TDS on Crypto Transfers Added Millions to Government Treasury: Details

The outcry from crypto traders and investors went unheard after Indian finance minister Nirmala Sitharaman failed to revise the controversial…

6 months ago

US SEC Threatens to Sue Coinbase Over Crypto Products, Shares Drop 13 Percent

The US Securities and Exchange Commission (SEC) has threatened to sue Coinbase Global over some of the crypto exchange's products, turning up…

6 months ago

Crypto Bank Anchorage Digital Lays Off 20 Percent of Its Staff Amid Shutdowns, Looming Uncertainties

Anchorage Digital has decided to trim its staff, adding another incident to the streak of fateful events that have shaken…

6 months ago

Garment Mantra Lifestyle Q4 net profit rises 164 percent to Rs 37 lacs

Value fashion retailer Garment Mantra Lifestyle Ltd reported a 164 percent increase in net profit to Rs 37 lacs ($44,361)…

6 months ago

Lux Industries Ltd Q4 net profit jumps 88 percent to Rs 56 crore

Innerwear products maker Lux Industries Ltd reported an 88 percent rise in net profit to Rs 56 crore ($6.7 million)…

6 months ago

Brand Concepts Ltd net profit declines 41 percent to Rs 1 crore

Brand Concepts Ltd reported a 41 percent decline in net profit to Rs 1 crore ($1,20,057) for the fourth quarter…

6 months ago

Crypto Lender Silvergate’s Shares Slumps 29 Percent as Firm Delays Annual Report in Wake of FTX Fallout

Shares of Silvergate Capital Corp slumped 29 percent in premarket trading on Thursday, after the cryptocurrency-focused lender warned it was delaying…

6 months ago

20 Percent Americans Own Crypto Owing to ‘Frustrating’ Financial Inequality: Study

Around 20 percent population in the US currently hold cryptocurrencies. The reason why Americans are investing in crypto assets is…

6 months ago

Credo Brands Marketing Ltd Q4 net profit down 67 percent to Rs 7 crore

Credo Brands Marketing Ltd owner of fashion brand Mufti reported a 67 percent decline in net profit to Rs 7…

6 months ago

Arbitrum Transactions Soar by Over 590 Percent, Overtake Ethereum in Daily Transactions

Ethereum, the most commercial blockchain in existence, is often looked at as a benchmark for other blockchains seeking competition. In…

6 months ago