-Bitcoin news, price, information & analysis
The Reserve Bank of India’s recent ban on financial institutions transacting with companies using or offering cryptocurrency services will certainly have consequences for the nation. However, thanks to peer-to-peer exchanges like Paxful, one of these is unlikely to be cryptocurrency usage and adoption in general. Paxful Offers Users...
Coinsecure, one of the leading cryptocurrency exchanges in India, announced the biggest heist in the country so far, valued at $3.3 million. The CEO of the bitcoin exchange, Mohit Kalra, has accused his Chief Strategy Officer (CSO) of stealing 438 Bitcoin from the operator’s main wallet. Coinsecure Reports...
Just a month after the Indian Supreme Court issued a warning to the financial interests of the nation, “surveys” have begun on nine of the country’s cryptocurrency exchanges. An undisclosed source explained to local news outlet DNA: “We are collecting the name of investors and their transaction details. The survey...
According to their Twitter account, Indian wallet and exchange application Zebpay hit an impressive milestone of one million downloads last month. They also estimate an influx of 500,000 new users per month in 2018. Zebpay was launched in 2015 by trio of entrepreneurs, Mahin Gupta, Sandeep Goenka, and...
As India’s finance watchdogs attempt to create a concrete regulatory framework for the decentralized virtual currencies, the netizens have already embraced Bitcoin and other digital currency assets for trading and remittance purposes. The Bitcoin transaction volume from the Asia’s second largest economy is on its way up, and...
ZebPay, an Indian Bitcoin exchange company, clocked in a turnover of over 500 crore (USD 5 billion). They did more than Rs 100 crore of trade turnover in November 2016 and are on target to achieve a turnover of Rs 1,000 crore, this year. Sandeep Goenka, COO and...
The Indian government’s demonetisation drive has led to an unprecedented rise of Bitcoin demand/price in India. The decision bumped up people’s interest in bitcoin for reasons galore. Following the decision, the key word “buy bitcoin” was searched for a considerable number of times as per Google Data Trends....
India is not exactly a bright place when it comes to hosting Bitcoin mining operations, but a young startup is hoping to fight the odds for good. GBMiners, a Bitcoin mining pool which mined its first block in August, now stands to be one of the most competitive mining pools in Bitcoin sector. At press time,...
A bitcoin-OTC is an over-the-counter marketplace for buying or selling bitcoin for traders looking to trade in bulk with the minimum order of 25 BTC. Each order placed on the OTC platform may be tailored to match based on parameters such as ‘greater than’, ‘less than’, or ‘equal...
Bangalore-based startup UnoCoin has raised an impressive $1.5 million in a pre-series A funding round, the largest sum ever comprised for a digital currency company in India’s history. Among the investors were Blume Ventures, Mumbai Angels, Bank to the Future, Bitcoin Capital, FundersClub, and Digital Currency Group and...
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