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      • Cryptocurrency
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      Cryptocurrency

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      Cryptocurrency is a type of digital or virtual currency that uses cryptography for security, making it difficult to counterfeit or double-spend. Unlike traditional currencies issued by governments (fiat money), cryptocurrencies operate on decentralized networks based on blockchain technology—a distributed ledger enforced by a network of computers (nodes). Bitcoin, launched in 2009, was the first cryptocurrency and remains the most well-known, but there are thousands of alternative cryptocurrencies (often referred to as "altcoins"), such as Ethereum, Ripple, and Litecoin. Cryptocurrencies are known for their potential for high returns, but they also come with significant volatility and regulatory challenges. They can be used for various purposes, including online purchases, investment, and as a means of transferring value across borders quickly and securely.

      In March 2024, BOOM uncovered a viral video falsely depicting Finance Minister Nirmala Sitharaman promoting a cryptocurrency trading platform.

      BOOM found that the video was a deepfake, and the finance minister had not made any announcements about a partnership between Quantum Trade and the government. The video was manipulated to mislead viewers and create a false narrative.

      Who is Sam Bankman-Fried, Founder Of Crypto Exchange, Arrested In Bahamas?
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      Who is Sam Bankman-Fried, Founder Of Crypto Exchange, Arrested In Bahamas?  

      - By Sourit Sanyal   |   13 Dec 2022 8:32 PM IST

      $30 Billion FTX Collapse: Why Its A Cautionary Tale, And Wont Be The Last
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      $30 Billion FTX Collapse: Why It's A Cautionary Tale, And Won't Be The Last  

      - By The Conversation   |   14 Nov 2022 6:09 PM IST

      FTX Bankruptcy Wont Have Effects To The Wider World. Heres Why
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      FTX Bankruptcy Won't Have Effects To The Wider World. Here's Why  

      - By The Conversation   |   14 Nov 2022 5:39 PM IST

      Heres Why Crypto Firm Vauld, Promoted By YouTubers Is In Deep Trouble
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      Here's Why Crypto Firm Vauld, Promoted By YouTubers Is In Deep Trouble  

      - By Mohammed Kudrati   |   5 July 2022 9:45 PM IST

      Falling For Elon Musk Crypto Scam: Tale Of A 22 Year Old From Kashmir
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      Falling For Elon Musk Crypto Scam: Tale Of A 22 Year Old From Kashmir  

      - By Amaan Rasheed   |   8 March 2022 4:21 PM IST

      Crypto Like A Ponzi Scheme, Banning It Advisable: RBI Deputy Governor
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      Crypto Like A Ponzi Scheme, Banning It Advisable: RBI Deputy Governor  

      - By Mohammed Kudrati   |   15 Feb 2022 2:15 PM IST

      No, Amazon Does Not Have A Cryptocurrency, Scam Posts Viral
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      No, Amazon Does Not Have A Cryptocurrency, Scam Posts Viral  

      - By AFP   |   10 Jan 2022 11:09 AM IST

      PM Modis Twitter Account Hacked, Now Restored; Tweet On Bitcoin Posted
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      PM Modi's Twitter Account Hacked, Now Restored; Tweet On Bitcoin Posted  

      - By Archis Chowdhury   |   12 Dec 2021 1:50 PM IST

      No Plans To Boost Cryptocurrency Sector In India: Govt To Lok Sabha
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      No Plans To Boost Cryptocurrency Sector In India: Govt To Lok Sabha  

      - By Mohammed Kudrati   |   6 Dec 2021 7:03 PM IST

      Crypto Prices Crash On Indian Exchanges, Likely Ban By Indian Govt
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      Crypto Prices Crash On Indian Exchanges, Likely Ban By Indian Govt  

      - By Mohammed Kudrati   |   24 Nov 2021 2:53 PM IST

      Explained: El Salvadors Zero Emission, Zero Tax Bitcoin City
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      Explained: El Salvador's Zero Emission, Zero Tax 'Bitcoin City'  

      - By Mohammed Kudrati   |   22 Nov 2021 5:56 PM IST

      Tesla & Dogecoin: 7 Elon Musk Tweets That Impacted Stock, Crypto Prices
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      Tesla & Dogecoin: 7 Elon Musk Tweets That Impacted Stock, Crypto Prices  

      - By Mohammed Kudrati   |   10 Nov 2021 6:40 PM IST

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