TL;DR Breakdown: Indian first crypto exchange, Unocoin, has announced support for blockchain domains with Unstoppable Domain. This will help Indians to send and receive cryptocurrencies easily while also reducing the cost of remittance.  Cryptocurrency exchanges in Indian are readily working to make the crypto experience in the country better, despite the regulatory uncertainties. In a […]
TL;DR Breakdown: RBI conveys major concerns about cryptocurrency to the Indian government. The bank is readily looking to launch a central bank digital currency while they prohibit private cryptocurrencies. The Indian government is yet to conclude on the fate of cryptocurrencies in the country. In recent days, several authorities in the country issued warnings concerning […]
TL;DR Breakdown: IAMAN says an Indian CBDC shouldn’t result in the ban of private cryptocurrencies. They can co-exist as they are meant to serve different purposes. Recent reports confirmed that the government of Indian is looking to launch its central bank digital currency (CBDC), which was seen as a welcome development by many crypto enthusiasts […]
TL;DR Breakdown: The Indian government is planning to introduce a bill to regulate cryptocurrencies. This comes some days after they made a bill to ban private cryptocurrencies in the country. Since the Supreme Court in India quashed the blanket ban on cryptocurrencies by the central bank, the industry has been faced with uncertainties in regulation. […]
TL;DR Breakdown: BuyUcoin has been reportedly breached, with over 300,000 users’ information exposed. ShinyHunters is suspected to responsible for the attack. BuyUcoin, a popular cryptocurrency exchange in India, has been reportedly hacked. The hackers have already exposed several contact information belonging to the customers on the dark web. The incident today is coming a few […]
TL;DR Breakdown: Indian crypto exchanges saw massive growth in users after Bitcoin’s ATH. The exchange said Bitcoin’s ATH was mostly influenced by institutional buys. Digital currencies are gradually going mainstream in India since the country’s Supreme Court revoked the blanket ban imposed on cryptos by the Reserve Bank of India (RBI). The recent parabolic rise […]
TL;DR Breakdown: The police in Karnataka have seized over $1 million worth of Bitcoin from a hacker. The culprit admitted to hacking crypto exchanges and online gaming platforms for money. In Karnataka, a state in India, the law enforcement agency has reportedly seized more than $1 million in Bitcoin (BTC) from a hacker who has […]
TL:DR Breakdown Farmers protest Government changes. The officials and farmers reach no deal. Bitcoin could be the best solution for farmers. Indian farmers should innovate with Bitcoin to combat the effects of Gov reforms Thousands of farmers are hitting the streets to fight reforms they believe will negatively affect their welfare. The Indian Prime Minister […]
Indian exchange, CoinDCX, is preparing to enable Ethereum 2.0 staking for small investors. So far, 52,961 ETH has been staked on the Ethereum network since the deposit contract launch. On November 4, Ethereum core developers announced the deployment of the long-awaited Ethereum 2.0 (Serenity) deposit contract, which is expected to lead up to the launching […]