Crypto exchanges in India such as CoinDCX and WazirX are now setting their sights on global markets after one of the country’s leading exchanges Koinex, shut down operations last week citing an unclear regulatory framework in the country. Cryptocurrency exchanges…
Proposed legislation to enforce India crypto ban has provisions for penalties and imprisonment
Lawmakers in the Indian parliament are mulling a stringent legislation for enforcing the India crypto ban. The proposed legislation includes steep penalties and 10-years imprisonment.
Coinbase Expands its Reach to 11 New Countries
Coinbase, a leading crypto-currency exchange platform, has made the announcement that it will be expanding its crypto to crypto trading services to 11 more countries through a statement from its official blog. Today we welcome customers from 11 countries in…
India enters the global blockchain patent landscape in style, gaining the 6th rank
Innovation is flourishing in India, as the recent India blockchain patent landscape push shows. The country is now ranked 6th globally in terms of number of blockchain patents.
Police in India arrests four accused in a $ 14 million crypto scam
olice in Mumbai, the western Indian city that’s also known as the financial capital of the country have arrested four accused in a crypto scam. The accused had cheated investors promising them unrealistic returns. India doesn’t allow cryptocurrencies.
Forth Arrest made as probe into India’s Money Trade Coin Scam, Intensifies
Indian police have reportedly arrested an associate of a group that’s accused of conducting a crypto scam involving 5 billion rupees which is equivalent to $71.6 million. This is according to an Indian English-language local publication known as the Indian…
Unocoin Co-founder Arrested for Setting up Bitcoin ATM in India
37-year-old Harish BN was apprehended this week by the cyber crime police unit in Bengaluru India, for reportedly running a Bitcoin ATM without the relevant approvals. Harish is the cofounder of Unocoin, a blockchain based company responsible for setting up…
“WordPress of Startups” : Blockchain start-up Elemential is working on making enterprise blockchain easier
Building an enterprise blockchain, developing apps using it, and deploying the apps on it need to have processes, methods, and tools that make it easier to use. Mumbai, India-based blockchain start-up Elemential is working on their Hadron and Federated Network…
Indian government functionaries continue to discourage cryptocurrencies
The Government of India (GoI) doesn’t regard cryptocurrencies as legal tenders, and senior GoI functionaries continue to discourage use of cryptocurrencies. The latest statement from Mr. Shaktikanta Das, former Secretary of Economic Affairs in GoI, a senior official who was…
Indian Information technology (IT) provider Tech Mahindra will invest in blockchain center in Canada
Pune, Maharashtra, India-based multinational IT provider Tech Mahindra has announced that they will invest nearly Canadian $100 million (US $ 79 million) in a Center of Excellence (CoE) in Canada. The CoE will focus on blockchain and Artificial Intelligence (AI)…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York were presented with divergent narratives regarding his alleged manipulation of the Mango Markets cryptocurrency exchange, resulting in the theft of a staggering $110 million. The…
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 transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
