Tag: Bitcoin
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Bitcoin falls to lowest since January after stock market
Bitcoin on Monday, May 9 fell to its lowest level since January 2022, as falling equity markets weighed on cryptocurrencies, which are now trading in line with riskier assets like tech stocks. In early trade, bitcoin fell as low as $33,266 to test the January low of $32,951. If it drops below that level, it…
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Zulfi Bukhari mocks Miftah Ismail for not knowing about Web 3.0
Following Finance Minister Miftah Ismail’s admittance of being unaware of the third generation internet, or Web 3.0, Pakistan Tehreek e Insaf (PTI) leader Zulfikar Bukhari offered him “free consultation and training” on Web 3.0. “We’ll give you free consultancy services & coaching on Web 3.0 Miftah, but please don’t embarrass Pakistan like that next time,”…
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Amitabh pays 2.61 crore PKR as GST after selling his NFT collection for 17 crore PKR
The Bollywood superstar, Amitabh Bachchan has finally paid 2.61 crore PKR in GST for the sale of his non-fungible token (NFT) collection, which was auctioned for 17.16 crore PKR in the first week of November 2021. Some of the netizens may remember that Bachchan had received a warning from the Directorate General of Goods and…
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Crypto companies at risk of closure in the United Kingdom
A number of cryptocurrency businesses in the United Kingdom (UK) may be forced to shut down if they fail to register with the financial watchdog before a major deadline next week. Firms providing crypto services in the UK must register with the Financial Conduct Authority (FCA) by 31 March, 2022. The FCA is in charge…
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Twitter reacts to PM Modi’s hacked account news
Indian Prime Minister (PM) Narendra Modi’s Twitter account was hacked late Saturday. A deleted tweet from Modi’s official handle declared India had adopted Bitcoin as legal tender and was distributing the cryptocurrency to citizens. Later, the Indian Prime Minister Office clarified that “The Twitter handle of PM was very briefly compromised. The matter was escalated…
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Waqar Zaka appointed crypto expert by KP Govt, says will work for free
The Government of Kyber Pakhtunkhwa (KP) on February 4, 2021, appointed Waqar Zaka as an expert on digital assets (Cryptocurrency & Cryptomining). Zaka was the host of the wildly popular reality show Living on the Edge and is now a YouTuber. The Directorate of Science and Technology of KP formed an advisory committee on the…
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Bitcoin hits all-time high of $62,712 USD
Bitcoin (BTC) has hit an all-time high of $62,712, according to analytics from CoinGecko. The price of one BTC is currently comfortable at $62,700. The flagship digital currency has been on an impressive journey, with its price increasing at a rate of almost 6 per cent in one week. The new all-time high (ATH) comes…
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Man about to lose over $300 million after forgetting Bitcoin password
A San Francisco computer programmer has just two password attempts left if he is to unlock a Bitcoin wallet worth more than $300 million. If Thomas fails and burns through his final two of 10 attempts, he will lose 7002 Bitcoin, currently worth an eye-watering and lifechanging $303 million. The forgotten password which is keeping Thomas awake at night would let…
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This Pakistani claims to be the founder of Bitcoin
A Pakistani named Bilal Khalid, currently living in the United Kingdom (UK) has claimed to be the founder of Bitcoin, originally known as Satoshi Nakamoto. The true identity of Bitcoin’s founder is unknown and it is also said that Satoshi had a huge collection of coins worth almost $10 billion. According to the details, Bilal…