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Posts published in “Exchange News”

Cryptocurrency Exchange Cashaa Reports Hack, says ~336 BTC stolen

Cashaa has become the latest in a long line of cryptocurrency exchanges which has lost Crypto funds to an attack. 336 bitcoins were stolen from the exchange on Friday afternoon after an employee logged into his system and made two transfers from the company’s wallet. The UK based company that offers financial services for cryptocurrency businesses, also runs a cryptocurrency exchange for retail investors and traders. Users from India could…

Binance Joins Internet and Mobile Association of India (IAMAI), to Strengthen the Fight for Crypto

India’s crypto sector has been on its own, with news like a complete ban looming around every now and then. Binance has joined the country’s top internet association (IAMAI) in a bid to join the fight to legitimize the industry with its reach and resources. One of world’s largest Cryptocurrency exchange Binance has has joined the crypto-asset exchange committee at the Internet and Mobile Association of India [IAMAI], the association…

Ready to compensate the user 100% of his lost funds, Says CoinDCX

Cryptocurrency Exchange CoinDCX released a statement regarding the recent incident where over 3 BTC were stolen from a user’s account in an alleged hack. The Statement reads, Platform was not breached, isolated incident found and one user account impacted Security upgrades have been resolved, and all user funds are secure If found culpable of error, we are ready to compensate the user 100% of his lost funds CoinDCX On May…

Here’s how someone stole 3 BTC from a CoinDCX user’s account

“So one issue that happened is a person from Haryana (state in India) who had 3 BTC in CoinDCX wallet was hacked of the whole 3 BTC on night of this 13th May.“ I am sure that by this time, the above viral message has reached you in one way or another and if it hasn’t, you aren’t paying enough attention to the crypto scene in India. In this article…

CoinSwitch Announces Mobile App to Trade 100 Digital Assets with INR

Cryptocurrency exchange aggregator CoinSwitch, has announced launch of CoinSwitch Kuber, a mobile app exclusively for users in India. Kuber will allow Indian crypto traders to buy and sell over 100 Crypto assets with the Sovereign Fiat currency INR. Kuber will launch to the public on June 1st, 2020. The announcement says, CoinSwitch Kuber will ensure the best rates by aggregating liquidity across all Indian exchanges. CoinSwitch Kuber will remove the…

BitDroplet – Bitcoin SIP Investment Platform now allows BTC withdrawal

Bitdroplet, platform to invest in Bitcoin at regular intervals now offers direct BTC withdrawals. The platform earlier mandated users to redeem their investment in USDT and withdraw the same. SIP some Bitcoin India’s Bitbns crypto exchange launched Bitdroplet in December last year to allow users to buy BTC for any amount at regular intervals. Users can invest a fixed amount in BTC everyday, week or month, thereby possibly advantaging from…

CoinDCX lists Crypto.com’s CRO token paired with INR and BTC

Hong-Kong based popular payments and cryptocurrency platform crypto.com launched its app in India earlier in April. Indian Exchange CoinDCX listed MCO with BTC and INR pair just recently, and the platform announced listing of their CRO token on CoinDCX as well this Tuesday. CRO token will be paired with INR and BTC for trading. Crypto.com in a release said, “Following the successful listing of the MCO token on CoinDCX earlier…

Pocketbits Open 24 Hour instant INR Deposits, Free until May 3

After the favourable judgment by the Supreme Court quashing RBI’s Banking Ban, the crypto exchanges in India are leaving no stone unturned to improve the services for their users. Pocketbits, one of India’s only closed order-book exchange currently operational, announced last week a feature that satisfies the ever growing need of Instant gratification. The exchange now offers instant INR deposits. Although the withdrawals are currently being processed within 24 hours,…

Giottus Exchange Launches Support for Multiple Bank Accounts for INR Deposits and Withdrawals

In a bid to ease Crypto trading for users, Indian Cryptocurrency exchange Giottus announced its support for adding multiple bank accounts for INR deposits and withdrawals last week. Indian cryptocurrency exchanges follow varied rules and protocols for self regulation, some exchanges put extra effort to ensure bank accounts of users are verified and cannot be misused. However, many exchanges only support INR deposits and withdrawals to and from the exchange…

CoinDCX lists Crypto.com’s MCO token paired with INR and BTC

Hong-Kong based popular payments and cryptocurrency platform crypto.com makes its way to India with a listing on Mumbai based CoinDCX exchange. Some of you may recognise crypto.com from the “Time for plan Bitcoin” ads on bill boards, buses and trains. Launched in 2016, boasting over a million users, Crypto.com provides several services like a steel crypto debit card in certain countries, the ability to earn interest on crypto holdings, a…