An India-based startup is coming for decentralized finance (DeFi) stalwart MakerDAO’s crown with the launch of its new “valuecoin.” MahaDAO’s ARTH algorithmic stablecoin is now live on the Ethereum mainnet,…
Continue ReadingA new report shows India’s regional internet shutdowns in 2020 cost its economy approximately $2.8 billion, making it the country that suffered the most damage from internet manipulation by a…
Continue ReadingUnicas, a joint venture between Indian online crypto banking platform Cashaa and United Multistate Credit Co-op Society has launched a physical crypto bank branch in Jaipur, India. Back in October,…
Continue ReadingIndia’s finance ministry has called for the enactment of Bitcoin (BTC) tax laws in the country. According to the Times of India, the ministry’s Central Economic Intelligence Bureau, or CEIB,…
Continue ReadingThe Indian government is considering a bitcoin transaction tax that would add $1 billion in revenue a year, a move some industry participants said is a sign of the government’s…
Continue ReadingSingapore-based crypto bank Vauld is working hard to elevate crypto to the status of a separate, viable asset class. It combines the functionality of an exchange with all the essential…
Continue ReadingSingapore-based lending platform Vauld raised $2 million, led by Pantera Capital, to grow into a full crypto bank. Other investors include Coinbase Ventures, LuneX Ventures and individual investors including Robert…
Continue ReadingIt has been a blazing start to a new decade, with 13% more large, uncontrolled wildfires around the world this year compared with 2019. This has spelled dire consequences for…
Continue ReadingIndia’s largest cryptocurrency exchange, CoinDCX, has raised the equivalent of $13.9 million in a Series B funding round led by Block.one, the creator of the software that runs EOS. This…
Continue ReadingCoinDCX, the largest cryptocurrency exchange in India, continues to aggressively expand its business with a massive new fundraise. According to a Dec. 21 announcement, CoinDCX has raised $13.9 million from industry…
Continue ReadingA surge in e-commerce and declining cash usage during the COVID-19 pandemic have boosted India’s state-led shared payments infrastructure. According to the National Payments Corporation of India (NPCI), the nation…
Continue ReadingPRESS RELEASE. Antier Solutions, a blockchain development company headquartered in Mohali, India – with two global units in North America and the UK – has expanded its services to offer…
Continue ReadingBanks in India are again doing business with select cryptocurrency exchanges and their customers. Top institutions such as State Bank of India, ICICI Bank, HDFC Bank and Yes Bank are…
Continue ReadingRecently, cryptocurrency trading in India has spiked and grown at an unprecedented level. As the Bitcoin rallies and grows strength by strength, the Indian crypto community has multiplied and with…
Continue ReadingBlockchain technology in general and smart contracts in particular can “unlock the hidden values of legacy digital systems,” according to the World Economic Forum, or WEF. To understand how, look…
Continue ReadingGoogle Pay and Walmart’s PhonePe continue to dominate the digital payments sector in India built on the country’s United Payments Interface (UPI), a shared payments infrastructure initiated by the state…
Continue ReadingIndia-based investors may soon have to pay taxes on returns earned from bitcoin investments. The country’s income tax authority is tracking investors making money amid the ongoing bitcoin price rally…
Continue ReadingA comprehensive survey from India’s CoinDCX exchange has found that most local investors don’t see an “easy way” to access exposure to crypto assets. That’s despite the country reversing a…
Continue ReadingEarlier this month, reacting to a decision by India’s highest court, prominent comedian Kunal Kamra tweeted that India’s Supreme Court is the “most Supreme joke of this country.” The following…
Continue ReadingCoinDCX, one of the largest cryptocurrency exchanges in India, is preparing its platform to support ETH 2.0 staking in anticipation of Ethereum 2.0 launch. As the first phase of Ethereum…
Continue ReadingCryptocurrency exchange Zebpay, which has claimed to have a user base of over 3 million in India, is now exploring broader crypto market opportunities, such as digital collectibles. With its…
Continue ReadingThe people of India are awaiting access to crypto banking services, as British-based fintech firm Cashaa has collaborated with India’s United Multistate Credit Cooperative Society to launch a crypto-centric banking…
Continue ReadingIndia-based DefiDollar has raised $1.2 million in a seed round led by Divergence Ventures, Standard Crypto and Accomplice. The goal: to build an index for hedging the risks associated with…
Continue ReadingIndia’s digital assets space continues to see rapid development, with the latest news from the subcontinent being cryptocurrency financial services offered at physical branches. According to a blog post from…
Continue ReadingIndian bank United Multistate Credit Co. Operative Society is planning to expand its banking services to cryptocurrencies and cryptocurrency products. In collaboration with the crypto banking service provider Cashaa, United…
Continue ReadingAccording to an Oct. 26 announcement from Cashaa, the fintech firm will be partnering with India‘s United Multistate Credit Cooperative Society to build a crypto-friendly financial institution called UNICAS. This…
Continue ReadingWhile the volume and scale may not be huge by current industry standards, venture capital inflows into Indian Bitcoin companies have been hard not to notice this year. Long considered…
Continue ReadingIn the seven months since India’s top court allowed banks to legally service crypto platforms, users and trade volumes at local exchanges have increased. But regulators have said little about…
Continue ReadingThe London-based online banking platform Cashaa is planning to launch a crypto-friendly neobank — or internet bank — in India. Kuman Gaurav, the founder of Cashaa, told Cointelegraph that Cashaa…
Continue ReadingAs demand for bitcoin surges in India, especially in urban tech hubs, smart-contract platforms like Ethereum and others are also gaining momentum. Cosmos, promoted by the Switzerland-based Interchain Foundation, is…
Continue ReadingDistrict police have arrested a 36-year-old man from the Malappuram district of the south Indian state of Kerala on charges of operating a cryptocurrency scam. Nishad has been charged under…
Continue ReadingCrypto exchange Zebpay has launched a campaign with ads featuring Bitcoin during the Indian Premier League cricket games. As reported by Twitter user Mohit Rai Sharma, ads for Zebpay appeared…
Continue ReadingThe operator of Delhi-based cryptocurrency platform Pluto Exchange is accused of duping 43 investors of more than $272,000. A local news outlet Millennium Post reported that the Economic Offence Wing…
Continue ReadingThe draconian bill introduced by the country’s former finance secretary Subhash Chandra Garg in 2019 to ban cryptocurrencies in India haunts the country’s crypto enthusiasts and entrepreneurs to this day.…
Continue ReadingIndian government officials are reportedly planning to discuss a new bill whose legal framework would ban cryptocurrencies on the subcontinent. According to a Sept. 15 report from Bloomberg, the Indian…
Continue ReadingWhen most people hear about buying Bitcoin (BTC) or other cryptocurrencies, they immediately think of the largest exchanges, most of which are located in Asia. Today, countries such as China…
Continue ReadingThe leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent…
Continue ReadingThe leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent…
Continue ReadingPrime Minister Narendra Modi has become the latest victim of a Twitter hack undertaken to trick social media users into sending cryptocurrency to the attackers. The Modi incident is another…
Continue ReadingThe Binance-backed Indian cryptocurrency exchange WazirX has launched a new in-app staking feature on Sept. 1 that will allow its users to stake cryptocurrencies to earn interests. Staking is the…
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