Coins & Tokens

Alloy (aUSDT): Tether’s Gold-Backed Synthetic Dollar Explained

Tether, a prominent cryptocurrency company, is set to introduce a groundbreaking digital currency called Alloy (aUSDT). Unlike traditional cryptocurrencies, Alloy will be backed by physical gold, ensuring its stability, and pegged to the value of the US dollar. This innovative stablecoin will be minted on the Alloy by Tether platform, marking a significant advancement in…

Coins & Tokens

Solana Emerges as Top Contender for Next Potential Crypto ETF Amid Rising Institutional Interest

It is possible that the approval of another altcoin exchange-traded fund (ETF) in the United States may be influenced by political changes after the upcoming 2024 U.S. presidential election. Despite the U.S. Securities and Exchange Commission (SEC) granting permission to fund managers to list spot Ether ETFs on May 23, SEC Chair Gary Gensler recently…

Crypto scams

Crypto Scams Surge: $542.7 Million Loss in Q1 2024

According to recent reports, during the first quarter of 2024, hackers managed to illicitly acquire digital assets totaling a whopping $542.7 million. This figure represents a significant 42% surge in comparison to the corresponding period in 2023, signifying a potential uptick in the activities of cryptocurrency hackers and exploiters. If this trend continues, it is…

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India crypto exchanges

From Startup to Unicorn: The Rapid Rise of CoinSwitch Kuber

Founded in 2017, CoinSwitch was founded as a global cryptocurrency exchange aggregator. This platform allowed users to compare rates across various exchanges and facilitated seamless trading across multiple cryptocurrencies. The company was launched as CoinSwitch Kuber in 2017, to specifically cater to the Indian cryptocurrency market only. The company was founded by Ashish Singhal, Govind…

Coins & Tokens

Comtech Gold: Transforming the Gold Trading Industry with Blockchain-backed Digital Gold

The emergence of digital gold as a prominent alternative investment has the potential to profoundly transform the financial industry. Gold has a rich historical significance as a globally recognized currency and a traditional hedge against inflation.  Its appeal as an investment in commodities has been enduring, often surpassing other asset classes like equities or foreign exchange, especially within…

India

ZebPay: A Deep Dive into Cryptocurrency Trading, Innovations, and Future Prospects

Founded in 2014, ZebPay serves as a platform for cryptocurrency exchange, enabling users to engage in buying, selling, and trading a diverse range of digital currencies including Bitcoin, Ethereum, Ripple, Litecoin, and others. The company was founded by Mahin Gupta, Sandeep Goenka, and Saurabh Agrawal in India. The company was initially called BuySellBitco.in. The company…

Coins & Tokens

DeXe: A Token for DAO and Social Trading

In the early days of cryptocurrency, trading was a relatively unknown activity that required an in-depth understanding of technical concepts. At that time, only a handful of people who had strong technical backgrounds and were interested in cryptocurrencies had the opportunity to engage in this market.  The lack of accessibility to trading platforms and the absence…

Web3, Web5, Metaverse

The Web3 industry calls for clearer regulations regarding cryptocurrency trading

The Bharat Web3 Association (BWA) is advocating for Web3 Recognition, Ease of Doing Business, Regulatory Clarity and Skill Development for the Web3 Sector.  For the people unaware, The Bharat Web3 Association brings together prominent figures within India’s Web3 sphere, with the goal of utilizing blockchain and scalable technologies to expedite growth and transformation in the…