Blockchain & crypto news from India
On the 18th of July, WazirX, the country’s biggest cryptocurrency exchange was hit with a devastating hack that resulted in the theft of more than $235 Million in digital assets. The exchange confirmed the attack in a statement on X, formerly known as Twitter. After the attack, several different market crypto executives have cautioned the investors…
On Thursday, Delta Exchange, a cryptocurrency derivative trading platform, announced that it is going to commence its operations in India. With this launch, Delta Exchange also claims that it is the first and only platform in India that is offering options trading on Bitcoin (BTC), Ethereum (ETH), and other crypto assets. Delta Exchange was founded…
The Orissa High Court recently declared that Cryptocurrency dealings are not illegal under the Indian law. The decision was taken by the High Court after a case accusing individuals of committing fraud by conducting a Ponzi scheme came to light. Justice Sasikanta Mishra clarified that cryptocurrency is not considered as money under the Prize Chits…
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…
WazirX is one of the biggest crypto exchanges in India. It was founded in 2018 by Nischal Shetty, Sameer Mhatre, and Siddharth Menon. Nischal Shetty has been a prominent figure in the Indian tech scene. Before WazirX, he founded Crowdfire, a popular social media management tool. The motivation of the founders behind establishing WazirX was…
CoinDCX, a cryptocurrency exchange platform launched in 2018, has grown to be one of the biggest cryptocurrency exchanges in India. The company was founded by Sumit Gupta and Neeraj Khandelwal. The platform aims to provide a secure, user-friendly and compliant environment for people to trade digital assets. The rapidly growing demand of digital assets in…
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…
Unocoin is among the inaugural players in India’s bitcoin and crypto space. Established in July 2013, Unocoin was founded by Sathvik Vishwanath, Abhinand Kaseti, Sunny Ray and Harish BV with a mission “to bring Bitcoin to the billions”, and it does so by offering a diverse range of services which facilitates Indians to buy, sell,…
As per a report from The Economic Times, Binance, a leading cryptocurrency exchange, is poised to re-enter the Indian market after a four-month hiatus. The exchange had been banned from offering its services in the country due to non-compliance with local laws. However, Binance is now set to return to India by paying a $2-million…
The pilot study of the CBDC has raised curiosity about the new digital currency. While the responses of participants are expectedly tepid and restrained, the question uppermost on everyone’s mind is – how is this better than UPI/Bhim/Paytm? The retail pilot of CBDC is planned on a limited scale, and currently only on invite basis….