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All updates related to latest developments in Crypto Currency

Coinsecure CEO on Amitabh Saxena’s Arrest and Confession

Update: Mohit Kalra, CEO of Coinsecure has now confirmed to Coin Crunch that Amitabh Saxena was arrested. The story has been updated accordingly.  On Saturday, news reports about the arrest of Amitabh Saxena, the CSO of Coinsecure exchange spread across the community. The first one to report was Times of India with headline ‘Cyber cell arrests security head of cryptocurrency firm‘. Quoting Times of India, various other channels published their version…

NRI Rejoice, Aadhaar Not Mandatory for KYC on WazirX Crypto Exchange

You cannot even get a phone number or open a bank account without the Aadhaar Card. In Indian cryptocurrency exchanges, you cannot complete your mandatory KYC without providing Aadhaar details. While the first is out of the hands of private companies, an exchange is trying to change the norm for the second mandate. WazirX announced earlier today that they will allow KYC verification for their new users with Aadhaar, Driver’s…

Indian Exchanges Gear up with ‘Plan B’ as regulatory Deadline Approaches

The atmosphere in the Crypto world of India is both optimistic and fearful. Optimistic for the Supreme Court hearing against RBI’s decision scheduled on July 3. Also, optimistic for regulations as the DEA secretary announced they are close to making a decision on cryptocurrency. Fearful because despite all of these developments, the RBI’s deadline for banks to unwind relationship with exchanges is still in place. The supposed date for the…

How Bitcoin Price Predictions Changed from January to June 2018

Ever since Bitcoin hit the ATH mark of $19600 in December 2017, some experts have been super bullish about the cryptocurrency. The price slippage of Bitcoin in the weeks that followed left the community and investors in shock. Many investors entered the market “too late” to make any profits and are either holding on or have cut their losses. From the beginning of the year, some Bullish investors have predicted…

Best P2P Exchanges to Buy Bitcoin and Altcoins in India

Update: Multiple Exchanges have been closed. The Below Article is updated on July 09, 2019 Now that July 5 2018 is close and banks will soon be ending their relationships with crypto exchanges, people are wondering how they will trade Bitcoins and Altcoins using Indian Rupees. Some are even wondering what they will do with their holdings. We published the possible ways to keep trading or use your cryptocurrency earlier…

Committee To Submit its Report on Cryptocurrency in July says Subhash Chandra Garg

For those who are wondering what is the sitting committee doing about Bitcoin and cryptocurrencies in India, we might have the answer soon enough. The committee was setup by the Finance ministry of India in early 2018 to review and recommend the further steps for cryptocurrencies in India. In an interview with ET Now, Economic Affairs Secretary Subhash Chandra Garg talked about the current position of the committee. Garg is…

USDT Comes to India with BitBnS Exchange

Bitbns is without a doubt the top Indian exchange in terms of number of crypto assets offered for trading. With 54 assets and all paired with INR, Bitbns can double the number of trading pairs by just introducing BTC based trading. The exchange caught the community by surprise when announced the listing of USD tether (USDT) in their next batch of coins. PundiX (NPXS), Lisk (LSK) and Ethereum Classic (ETC)…

Can we Trust Media? – Websites Take Down Story on Amit Shah

This article is not a crypto-related news article. But this is on those we stand against – Mainstream media. At the end of the day, employees fear for their jobs. Whether its journalists, editors, reporters or producers. Your instincts and logic will constantly tell you to be careful, you need to feed your tummy. Putting out a story which is against the interests of your company can cost you your…

Crypto Market Crashes in India over Exchange Warning

India’s regulatory response to Cryptocurrency has not been in favour of cryptocurrency trading. We know that by now. The markets remained unaffected for over 10 weeks until yesterday. In a first of a kind announcement, Zebpay, India’s biggest cryptocurrency exchange by volume warned its users of dismissing fiat (INR) services abruptly. The announcement is titled “Your Rupee Withdrawal Could Stop”. Markets Crash What followed and still continuing across the Indian…

An Indian Exchange is NOT Supporting TRX Migration

While the world is bracing for impact as Tron Mainnet release comes close, an Indian exchange KoinOK has decided to delist Tron (TRX) and not support the mainnet launch. Taking a cue from the issues faced during EOS migration worldwide, and noticing the bugs in the mainnet, KoinOK has decided to take the ‘opposite route’. “If EOS couldn’t secure its network using dPOS, it’s hard to believe TRON mainnet launch would…