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 […]
Indian bank United Multistate Credit Co. Operative Society intends to incorporate cryptocurrencies. United is working with Cashaa, the crypto banking service provider, to offer digital and walk-in services. The alliance named UNICAS will authorize United’s customers to merge their cryptocurrency wallets with their accounts. Indian bank United Multistate Credit Co. Operative Society aims to include […]
Unocoin, India’s oldest cryptocurrency exchange platform, has had a massive boost in its drive to raise $5 million in Serie A funding as Tim Draper, serial bitcoin and technology investor, has invested an undisclosed amount on the platform. According to the statement released by Unocoin, the company, if it can raise the funding, would be […]
Following the unstable regulatory stance of the Indian government concerning cryptocurrencies, BuyUCoin, a digital currency exchange operating in the country, has moved to create a supposed regulatory framework that can facilitate the process of regulating cryptocurrencies in the country. The framework is expected to enable a conducive environment for cryptos while still recommending adequate regulatory […]
Two Indian nationals, Ramesh Reddy and his friend Prabakaran are now in police custody. The duo was arrested for overreacting, to the extent of threatening and extortion, because of a failed Bitcoin deal. A local news outlet, New Indian Express, reported the incident on Thursday.  Fake Bitcoin deals  As the local police narrated in the […]
Digital currency exchange in India dubbed ‘Pluto’ has allegedly pulled an exit scam on its investors. Pluto exchange had promised the customers of high returns, which perhaps attracted them to deposit their money in the platform. At the moment, the Indian police have begun investigating the matter. Fake investment schemes have been acting as bugs […]
Indian crypto ban attempt from 2019 is still fresh in minds of Indian crypto users India’s SC overturned RBI’s previous partial ban Recent reports of the ban have hallmarks of clickbait Indian crypto ban alleged to be clickbait – that is the speculation after so multiple reports from media around the world. This subject has […]
Law enforcement agencies in India have discovered that most drug dealers have shifted to crypto payments as a method for buying hard drugs into the country, from across the border. Due to the anonymity with digital currencies, it is almost difficult for the agencies to trace the people behind the transactions. Crypto exchanges in India […]
The Indian government will discuss a bill to ban crypto in India during the ongoing parliament session. As the lawmakers gather together for the monsoon session of the parliament, the country faces various issues such as GDP downturn, a surge in Coronavirus cases, and border disputes with China. Amid such an important session, crypto does […]