Blockchain & crypto news from India
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 cryptocurrency market is shambling due to legal notices sent to some leading crypto exchange platforms by FIU (Financial Intelligence Unit India). According to CoinDCX, within a week of the notice being issued, they have observed an increase of 2,000% in cryptocurrency deposits. On the other hand, Mudrex has recorded deposits worth over $1 million…
While Bitcoin is witnessing its breakthrough point after a gap of two years, Dogecoin has experienced a substantial drop of 4.5%. The massive drop is seen after Elon Musk’s urgency to testify once more for the complete acquisition of Twitter. DOGE’s price is highly influenced by Musk, making it vulnerable to his social media speculations. The price…
If an influencer has clocked a billion views on TikTok promoting an unknown private coin, does that make the coin authentic and very less likely to be a scam? TikTok is a tech that can be used with destructive power, and influencers are doing their bit to attract crypto investors here. A research by dappGambl…
The retail pilot for RBI’s CBDC, launched December last year, is now in its fifth month. With over five thousand merchants enrolled to participate by eight banks, the e-Rupee is the answer to the rise of cryptocurrencies as a payment medium, and will be the national digital currency of India with the use of a…
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….
Many firsts are being created during the retail trial phase of e-Rupee, India’s answer to Bitcoin and the onslaught of cryptocurrencies. The latest in the news are payment platforms and retail chains announcing their integration of the CBDC. Reliance Retail has shared it has integrated e-rupee into the Freshpik stores to begin with. This has…
The e-Rupee is the CBDC or central bank digital currency of India, to be launched in the near future to keep the threat of cryptocurrencies like Bitcoin at bay. The retail and wholesale pilots of the CBDC are the most recent stages of the digital rupee that will help test and improve upon the design…