Blockchain & crypto news from India
CoinDCX, one of the country’s biggest cryptocurrency exchanges, has recently announced that the firm has allocated Rs 50 crores as a part of its Crypto Investors Protection Fund (CIPF) which will compensate users for the funds lost in security breaches. This announcement came in just days after WazirX, another of the country’s biggest cryptocurrency exchanges,…
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…
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…
Crypto exchange platform CoinDCX has closed an oversubscribed round of Rs. 1,000 crore Series D funding from both new and existing investors. This further highlights that investors’ sentiments are highly bullish on the crypto sector, despite tight government scrutiny and other factors. Pantera and Steadview led this round. In addition, prominent investors like Kingsway, DraperDragon,…
India’s top cryptocurrency exchanges have spent large sums on advertising with IPL 2021 and the upcoming T-20 world cup. But this time, they have determined not to do marketing during the 2022 IPL. Blockchain and Crypto Assets Council (BACC) has taken this decision. BACC has over 24 crypto organizations as members. Top crypto trading platforms…
The social cryptocurrency token GARI has been listed on CoinDCX, one of India’s top crypto exchanges. According to the company, GARI’s listing on the exchange would offer its more than 75 lakh Indian consumers an alternative way to get access to one of the largest projects on the Solana blockchain. More than 1 crore people…
The social crypto token GARI is now live on CoinDCX, India’s top cryptocurrency exchange. As per the exchange, GARI’s listing on CoinDCX would provide its more than 75 lakh Indian consumers with another way to get access to one of the largest projects on the Solana blockchain. Over a crore, people had registered on CoinDCX….
According to co-founder, Neeraj Khandelwal, India’s first crypto unicorn, CoinDCX, wishes to work towards an initial public offering as soon as government regulations permit it. Khandelwal said that akin to Coinbase Global Inc.’s U.S. listing earlier this year, the share sale would be a key vote of confidence for the country’s digital asset industry. He…
Prior to Diwali, two of the leading stars of Bollywood are setting up another alternative during India’s annual gold shopping spree: cryptos. Two of the prominent crypto platforms in India have each tapped Bollywood stars – one, Amitabh Bachchan, the most prominent Indian actor of all time – to foster cryptos as a simple and…
Amitabh Bachchan becomes the current celebrity to join the crypto-space. Bachchan, who is now the brand ambassador of the Indian crypto exchange CoinDCX, will be operating to create awareness about crypto, the firm said in a press release. But he is far from the only big celeb, worldwide or in India, to be actively partaking…