Panic at 137 Bank Branches as RBI Limits Withdrawals to ₹1,000


The Reserve Bank of India has imposed regulatory restrictions on a cooperative bank with 137 branches across India, including limiting customer withdrawals to a total of 1,000 rupees (approximately $14) per account for six months. Police personnel had to be deployed to control angry customers...

Bitcoin Recovering after Fall Below USD 8,000, Altcoins in ~20% Drop


Bitcoin is showing cautious signs of recovery after a dramatic drop that saw it briefly dip below USD 8,000 on some markets – with many altcoins also reeling after sudden price falls. Some observers have pointed out that the BTC drop coincided with a massive liquidation of over USD 600 million...

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