Libya crypto-mine raid: 10 Chinese national arrested

Public prosecutors in the Libyan city of Zliten have arrested 10 Chinese nationals for allegedly setting an illegal crypto-mining operation in a disused iron factory on the western coast of Libya, media reports said.

Failed crypto firm FTX founder Sam Bankman-Fried accused of once bribing Chinese official

New York: Sam Bankman-Fried, who is the founder of failed crypto firm FTX, is now accused of bribing a Chinese official, media reports said.

UN trade body calls for halting cryptocurrency rise in developing countries

New York: The UN trade and development body, UNCTAD, has called for action to curb cryptocurrencies in developing nations, in three policy briefs published on Wednesday.

FBI adds 'Cryptoqueen' Ruja Ignatova to top ten most wanted list, announces reward

New York: The FBI New York, along with the United States Attorney’s Office in the Southern District of New York and the IRS Criminal Investigation Newark Field Office, named Ruja Ignatova, who is also known as the Cryptoqueen, to the FBI Ten Most Wanted Fugitive list for allegedly defrauding investors of billions of dollars.

Bank of Russia prepares bill on ban of cryptocurrencies

Moscow/UNI/Sputnik: The Bank of Russia has prepared two bills on the ban and circulation of private digital currencies in the country, a source told Sputnik on Friday.

Large number of Pakistanis purchased cryptocurrency worth $5 crore in just six months: Reports

Islamabad: A large number of Pakistani people have purchased cryptocurrency worth $5 crores in just six months, causing the country's investigative agency to look into the matter, media reports said.

MIT researchers developed cryptocurrency is faster and efficient

New York, Jan 27 (IBNS): MIT researchers have developed a new cryptocurrency that drastically reduces the data users need to join the network and verify transactions — by up to 99 percent compared to today’s popular cryptocurrencies. This means a much more scalable network.