Synthetix founder speaks on Kucoin hack of $2.5m in SNX, millions in other DeFi coins
Nick Chong · 9 hours ago · 2 min read · Insights via
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Edge › Binance › BitMEX › India › Exchanges
Why the world’s biggest crypto exchanges are making a big bet on India
Four months after the high-profile acquisition of Indian crypto exchange WazirX by Binance, BitMEX invested in a $3 million funding round for another local cryptocurrency exchange in India called CoinDCX.
Binance › India › Partnerships
In times of uncertainty and fear, Binance goes long on India
Binance has partnered with cryptocurrency exchange WazirX to create a “Blockchain for India” fund worth $50 million.
Bitcoin › India › Analysis
Why India’s unban of crypto isn’t triggering a Bitcoin rally like 2019’s “Xi Pump”
India’s Supreme Court released the long-awaited ruling on the crypto ban imposed by the Reserve Bank of India (RBI) in favor of the cryptocurrency industry.
Binance › India › Adoption
Binance to launch fiat-to-crypto services in India after acquisition of Mumbai-based crypto exchange
Binance, one of the world’s largest cryptocurrency exchanges by daily volume, has announced the acquisition of major Indian crypto exchange WazirX and plans to launch fiat-to-crypto services in India within days.
Bitcoin › China · India › Analysis
Bitcoin could address the cash savings crisis in Hong Kong and India
With Hong Kong facing a shortage of cash due to defunct ATMs and the crash of PMC Bank in India leaving almost a million people without access to their accounts, Bitcoin could emerge as the savior of those facing financial crises.
India › DeFi
DeFi portal InstaDApp raises $2.4 million in seed round
InstaDApp, a portal that simplifies interactions between major DeFi protocols, raised $2.4 million in seed funding from a line-up of high profile strategic investors.
![One of India’s last standing cryptocurrency exchanges—WazirX’s Nischal Shetty [INTERVIEW]](https://cryptoslate.com/wp-content/themes/cryptoslate-2020/imgresize/timthumb.php?src=https://cryptoslate.com/wp-content/uploads/2019/09/indian-exchange-cover.jpg&w=180&h=94&q=75)
India › Interview
One of India’s last standing cryptocurrency exchanges—WazirX’s Nischal Shetty [INTERVIEW]
Nischal Shetty, founder of WazirX, shares his story building one of the only crypto exchange left standing in a country hostile to cryptocurrency. By engineering the first auto-matching P2P engine he was able to dodge regulatory pressure that shuttered many other major exchanges in India.
Bitcoin › India › Price Watch
Crypto exchange exec says Bitcoin ban in India not final yet, is there any hope?
This week, the inter-ministerial committee (IMC) of India officially recommended the imposition of what has been considered a blanket ban on crypto assets like bitcoin.
India › Adoption
Consortium of 11 Indian Banks Launch Blockchain-Linked Funding for Small Businesses
Eleven Indian banks have joined an initiative that may change the way small businesses obtain loans, via blockchain.
India › Regulation
Big Bankers Say Cryptocurrencies Do Not Pose a Threat to Global Financial Stability
The Financial Stability Board, a global inter-governmental body with over 20 member countries, has ruled that virtual currencies are not a threat to the world economy.
India › Regulation
Reserve Bank of India Shelves State-Backed Cryptocurrency
The Reserve Bank of India has shelved its plan to launch a state-backed cryptocurrency amidst increased government pressure and concerns around money laundering.
India › Regulation
India Stalls Cryptocurrency Regulations, Uncertainty Continues
India’s government has continued its “undecided” stance on regulation around the cryptocurrency ecosystem.
India › Adoption
Why India Says Yes to Blockchain, Yet Still Undecided About Crypto [INTERVIEW]
As countries around the world find their feet in the cryptocurrency market, governments have jumped on board in attempts to regulate the use of digital assets.
India › Adoption
India Considering Cryptocurrency Ban
Indian regulatory body the Financial Stability and Development Council (FSDC) is considering measures to ban the use of private cryptocurrencies while encouraging distributed ledger technology instead, after a meeting on Thursday.
India › Adoption
India’s First Bitcoin ATM Seized by Authorities, Unocoin Co-Founder Arrested
Only a week after India’s first Bitcoin ATM was launched to much fanfare, regional authorities have confiscated the two-way crypto machine and arrested the initiative’s founder, reported Times of India on October 24.
India › Adoption
India Forms New Committee to Push Blockchain in Government
The Internet Mobile Association of India (IMAI) announced October 15 that it would be forming a committee to push more government involvement in the blockchain ecosystem.
India › Adoption
Unocoin to Launch Crypto ATM in India Soon; BTC, XRP, and ETH Among Supported Coins
Indian cryptocurrency exchange Unocoin is launching the country’s first digital assets ATM, even as other nations grapple with stringent regulations and a ban on banks providing services to exchanges.
India › Adoption
Indian Government Forms Blockchain and Cryptocurrency Task Force
Despite an infamous crackdown on digital assets, the Reserve Bank of India (RBI) has created a task force to explore avenues and unique use-cases pertaining to blockchain technology, artificial intelligence and cryptocurrencies.
India › Adoption
India: Government Officials Propose “Crypto Tokens,” Maintain Negative Crypto Outlook
Despite continuing to maintain an unfavorable stance for cryptocurrencies and citing their potential role in money laundering, Indian government officials revealed they are looking at tokenized datasets and other cryptographic forms of blockchain technology.
![One of India’s last standing cryptocurrency exchanges—WazirX’s Nischal Shetty [INTERVIEW]](https://cryptoslate.com/wp-content/themes/cryptoslate-2020/imgresize/timthumb.php?src=https://cryptoslate.com/wp-content/uploads/2019/09/indian-exchange-cover.jpg&w=308&h=162&q=75)
