A severe warning has just been issued to everyone in India who invests in cryptocurrency by Reserve Bank of India governor Shaktikanta Das. He wants people to be aware that investing in these virtual currencies has some extremely high dangers.…
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Supreme Court of India Asks Union Government’s Input on Crypto
The union government informed the Supreme Court on January 20 that they had not yet decided on a framework for regulating cryptocurrencies and thoroughly investigating any offenses associated with them. The bail request of Ganesh Shiv Kumar Sagar, who was…
Probe Confirms Money Moved Back to India via Hawala Network: Himachal Crypto Scam
The Special Investigation Team of Himachal Pradesh police completed their investigation in the crypto scam, and a charge sheet was created. It is a list of accusations made against the individuals they believe were responsible for the fraud. The prosecution…
India’s Crackdown on Binance, KuCoin, and Others Removed from Apple Store
Key Highlights: In a recent development, Binance, KuCoin, Huobi, Kraken, Gate.io, Bittrex, Bitstamp, MEXC Global, and Bitfinex found themselves ousted from Apple’s App Store in India. This removal follows the issuance of compliance show cause notices by the Indian government…
The Sandbox Reveals Audacious Goals for Metaverse Market Expansion in India
The renowned blockchain-based virtual world and game platform, The Sandbox, has identified India as its primary area for growth. In only two years, they hope to have India as their largest market. The Sandbox is rather optimistic about the amount…
Financial Intelligence Unit of India (FIU) Imposes Shadow Ban on Crypto Exchanges
The Financial Intelligence Unit India (FIU IND) has taken a resolute stand against major cryptocurrency exchanges operating within the Indian market. Show Cause Notices have been sternly issued to nine prominent exchanges, including Binance, Kucoin, Gate, Huobi, Kraken, Bittrex, Bitstamp,…
Manipur, Indian state Partners with DFINITY Foundation for Blockchain-Powered Academic Credential Verification
In a groundbreaking move that sets Manipur apart as a technological innovator in the Indian education sector, the Manipur Department of Education has joined forces with the DFINITY Foundation, a Swiss non-profit organization renowned for its contributions to the Internet…
Indian State, Uttar Pradesh Spearheads Innovation by granting Funding for 100+ AI and Blockchain Research Projects
Technology in Uttar Pradesh is being promoted by the Department of Science and Technology. More than 100 relevant research projects, including those involving blockchain technology and artificial intelligence, have recently been approved. These programs are overseen by prestigious universities including…
Scammers Exploit Charity to Perpetrate $250 millions (₹2,000 Crore) Fraud in Himachal – India
The special police squad continued to investigate and discovered that the fraud had an estimated value of ₹2,000 crore. This team is now requesting support from the income tax department and the Ministry of Finance’s Financial Intelligence Unit. Their goal…
Indian Judiciary Rejects Request for Crafting Cryptocurrency Regulatory Framework
In the dynamic world of cryptocurrencies, regulatory frameworks play a pivotal role in establishing stability, investor protection, and fostering innovation. India, a country with immense potential and a burgeoning crypto market, has been grappling with the need for a comprehensive…
Tornado Cash Receives $3.3M in Ether Following Poloniex Hack Theft
In a shocking incident that sent shockwaves through the cryptocurrency community, a skilled hacker managed…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
