Two brothers studying at the prestigious Massachusetts Institute of Technology (MIT) were arrested on Wednesday (May 15) and charged with stealing $25 million worth of cryptocurrency.

Two brothers studying at MIT charged with stealing $25 million worth of cryptocurrency

US charges two brothers who studied at the Massachusetts Institute of Technology (MIT) with fraud-related offenses for allegedly attacking the Ethereum blockchain and stealing $25 million in cryptocurrency in only about 12 seconds. Watch in for more details!

US charges two brothers for stealing $25 million worth of cryptocurrency

Bitcoin, the enigmatic cryptocurrency, has captivated the world with its wild price swings and promises of revolutionizing finance. But with recent developments like exchange-traded funds and the looming block reward halving, the question arises: can bitcoin truly reach new heights, or is it destined for another tumble?

Decoded: Pros and cons of investing in Crypto

Bitcoin dropped below the crucial $27,000 level as regulatory concerns weighed on the cryptocurrency market. Ethereum also experienced a 3.1% loss, trading below $1,800. Jane Street and Jump Crypto, major market makers, announced their retreat from crypto trading in the US due to regulatory crackdowns. Despite the downward moves, crypto backers remain unfazed. Analysts are closely monitoring the $25,200 level as a significant support threshold. The joint warning from regulatory authorities earlier about liquidity risks associated with banking crypto firms adds to the challenges faced by the industry.

Cryptos caught in regulatory crosshairs

A price breakout for Ethereum has occurred as a result of the successful Shanghai upgrades. After the upgrade, there was an uptick in optimistic sentiment, and the price momentarily reached a year-to-date high of $2100.

Ether rallies after successful tech upgrade

Right now, Bitcoin is flying. The leading cryptocurrency is up more than 7% from the previous day, which means it has reached the psychological threshold of $30,000.

Ethereum finds buying interest around $2,000

How revolutionary is the Ethereum 'merge' in reducing carbon footprint of crypto mining?

The Ethereum blockchain has successfully completed its latest update – Ethereum Merge — which will allow it to use 99.95 per cent less energy, co-founder Vitalik Buterin announced on Thursday.

Ethereum completes 'Merge' upgrade, aims at cutting energy use by 99 per cent

Ethereum plans to make a radical technological shift. It intends to merge it blockchain with a separate one through the 'Ethereum Merge' upgrade. The network claims this will lower its energy consumption by 99.95%. Will it? Molly Gambhir reports.

Gravitas: Why the Ethereum Merge matters

Cryptocurrency mining is a process to create new digital coins and verify transactions on the blockchain and as we understand cryptocurrency mining consumes a great deal of energy because miners use powerful computers to solve complex Maths puzzles and earn new crypto tokens.

WION Climate Tracker: Why the Ethereum merge matters

Ethereum is currently the second most important blockchain in the world after Bitcoin and it is on the verge of going through a major transformation. Ethereum mining consumes more energy than the total consumption of many small countries but that can all change thanks to the latest update.

Explainer: How Ethereum Merge can cut crypto energy consumption by 99 per cent

Fears of scam have surged as Axie Infinity craze has exploded in Philippines. Detractors warn the game is a "house of cards", some likening it to a fraud scheme driven by hype and speculation.

'House of cards': Fears of scam surge as Axie Infinity craze explodes in Philippines

Hackers have stolen cryptocurrency worth more than $320 million from a decentralised finance platform, the fourth-largest crypto heist on record and the latest to shake the fast-growing DeFi sector.

Crypto platform Wormhole hit by $320 million hack

How much tax is imposed on cryptocurrency in different countries worldwide?

Will artificial wombs replace Human Pregnancies? Ethereum Co-founder Vitalik Buterin has made a suggestion to Tesla CEO Elon Musk stating that 'synthetic wombs can end income disparities' & reduce the burden of pregnancies on women. Palki Sharma gets you a report.

Gravitas: Artificial wombs are coming!

Will artificial wombs replace Human Pregnancies? Ethereum Co-founder Vitalik Buterin has made a suggestion to Tesla CEO Elon Musk stating that 'synthetic wombs can end income disparities' & reduce the burden of pregnancies on women.

Ethereum Co-founder Vitalik Buterin bats for 'Synthetic Wombs'

As excitement for cryptocurrency adoption and fears about inflation lend support to the asset class, Bitcoin and ether made record peaks in Asia trade on Tuesday.

World Business Watch: Bitcoin, Ethereum hit new record high, other cryptocurrencies also surge

The Wharton School at the University of Pennsylvania, one of the Ivy League institutions in the US, is planning to accept cryptocurrency as fee for its new executive education programme.

US Ivy League Wharton School to accept cryptocurrency payment for its online course

Many cryptocurrency firms are not meeting Britain`s anti-money laundering and financing rules and, as a result, unprecedented numbers of them have withdrawn applications to register with the country`s financial watchdog, it said on Thursday.

Cryptocurrency firms not meeting anti-money laundering rules, UK regulator says

The cryptocurrency market is experiencing a tough time following last week's free fall. Strong volatility pushed many investors to insolvency. Crypto investors have incurred a huge loss of $ 830 billion in the last one week.

World Business Watch: Volatility in cryptocurrency market

Ether, the world's second-largest cryptocurrency after Bitcoin, on Thursday rose to a record high of $3,591.65 on the Bitstamp Exchange. Also read | Bitcoin, other cryptocurrencies tumble over Biden tax plan fears Ether was last up about 3.

Cryptocurrency 'Ether' rises to new record high

Ether is a blockchain, or public database that can be used by consumers without intermediary control

Coinbase offers digital currency to consumers

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