Crypto exchange CoinDCX raises $135M funding to support Indian Web3
The latest funding round doubled CoinDCX's valuation to $2.15 billion, making it the most-valued crypto company in India.
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Indian Authorities Seek Details of Bitcoin Theft During Investigation
India’s financial crime investigation agency Enforcement Directorate (ED) has sought the help of police in a case of bitcoin theft worth Rs. 6 crores ($790,000) by the investigators who were…
After Coinbase, Top Indian Crypto Exchanges Disable Deposits Citing Regulatory Hurdle
Two of India’s largest crypto exchanges – CoinSwitch Kuber and WazirX – have halted deposits in Indian rupees citing regulatory problems, triggering a wave of angry protests by investors on…
Indian Crypto Exchanges Disable UPI, Other Payment Options
A number of cryptocurrency exchanges in India are disabling rupee deposits, particularly payments using the Unified Payments Interface (UPI) system. This followed a statement issued by the National Payments Corporation…
Indian crypto exchanges’ volume plunges as 30% tax goes into effect
Payment services providers have also cut ties with major crypto exchanges despite having the same rate for gambling and fantasy sports platforms.
Hacked Indian Official Twitter Accounts Posted NFT Advertisements
A series of cyberattacks breached multiple Twitter accounts associated with the administrative and legislative bodies of India in the past few days. NFT-related content that promoted a project called “Azuki”…
Coinbase India Suspends Deposits 3 Days After Trading Service Launch
Three days after Coinbase launched trading services in India, claiming support for the popular payment instrument Unified Payments Interface (UPI), the firm disabled the function and virtually stopped offering users…
Museums in the metaverse: How Web3 technology can help historical sites
Historical-site metaverses may become a new business model for tourism, and they may rewrite history in the process.
Indian Crypto Exchanges Report Sharp Drop in Transaction Volume After 30% Tax Kicked
Since the new crypto tax came into effect on April 1, Indian digital asset exchanges have witnessed a sharp fall in transaction volumes. The final days of March also saw…
Coinbase to invest in Indian crypto and Web3 amid tax regulation clarity
Coinbase Ventures will conduct an in-person pitching event in Bengaluru to help accelerate India's financial inclusion goals via crypto and Web3 investments.
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