To help users of WazirX, a compromised cryptocurrency exchange that suffered a huge $230 million (INR 1,900 crore) cyberattack last year, cryptocurrency unicorn CoinSwitch has started an INR 600 cr recovery scheme. The company hopes to assist impacted individuals in compensating for their losses, depositing money to benefit from
impact
It is not a secret that cryptocurrencies have become an integral part of our financial lives. Despite the seemingly complicated structure, the process of crypto trading is quite logical and can be simplified if you follow the sequence of several steps. This article explores the course of action new investors
Authorities investigating the goods and services tax (GST) have so far charged 17 cryptocurrency exchanges with dodging the tax to the tune of INR 824.14 Cr. Pankaj Chaudhary, the minister of state (MoS) for finance, stated in a written response to the Lok Sabha that INR 122.29 Cr
PEPE Coin
🐸 HODL on to your memes, folks! The frog is back, and this time it’s hopping through the world of cryptocurrency! 🐸 In the wild jungle of crypto, where tokens rise and fall faster than you can say "To the moon!", PEPE Coin has croaked its way into the
Wazirx, an Indian cryptocurrency exchange, announced on 3 September 2024 through social networking site X that Phase 2 of INR withdrawals had been released ahead of schedule. This comes after the cyberattack that occurred on July 18 and resulted in the theft of more than $230 million worth of cryptocurrencies.
The Crypto Investors Protection Fund (CIPF) has been established with an INR 50 crore allocation, according to the announcement made by the Indian cryptocurrency exchange CoinDCX. The business claims that in the exceedingly unlikely event of a security breach or other unfavorable occurrence, users will be compensated by the fund.
🔍Insights
The U.S. government recently imposed a substantial $4 billion fine on Binance, the world's largest cryptocurrency exchange. This penalty was a consequence of confirmed serious protocol failures, including frequent violations of U.S. sanctions. Binance's CEO, Changpeng Zhao, a prominent figure in the crypto industry,
📄Company Profiles
Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. Indians are slowly and steadily considering Cryptocurrency as a safe mode of investment. Mostly the younger generation is taking interest in Cryptos. According to some reports, the average age of crypto investors in India
📄Company Profiles
Company Profile is an initiative by StartupTalky to publish verified information on different startups and organisations. The content in this post has been approved by CoinDCX. A massive increase in the number of internet users has reactivated virtual world concepts and spawned a new market phenomenon known as cryptocurrency to
📄Company Profiles
Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Anchorage Digital. The blockchain industry is booming, with an expected market size of $67.4 billion by 2026. With the blockchain market growing, financial institutions,
📖 Learning
The cryptocurrency market has found millions of investors in India over recent years. While people hesitated to invest in this relatively new asset class during the early years, the rising buzz and FOMO around cryptocurrencies made many join this bandwagon. Unfortunately, this rapid growth didn’t attract investors alone. It
📖 Learning
FTX is a cryptocurrency exchange that was founded in May 2019 by Sam Bankman-Fried and Gary Wang. It was built by the traders and for the traders. While it has its official headquarters in the Bahamas, FTX is managed from the US. Its biggest offices are located in Chicago and