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Coin Crunch India

Today in Supreme Court: Battle of David and Goliath for Crypto’s Survival

Cryptocurrency in many ways have troubled the ever-cautious dearly beloved Reserve Bank of India. At the press conference on April 5 when the banking ban on cryptocurrency was announced, the deputy governor of RBI Mr. Kanungo said, “If they (Cryptocurrency) grow beyond a critical size, they can endanger the financial stability” While I beg to differ for a simple reason that currently Cryptocurrency market cap is lurking around $400 Billion.…

Coinome Promo Leaked – New UI, XRP & ETH listing, Trading app and more

Everyday we have atleast one update from atleast one Indian cryptocurrency exchange. It is either a new listing, a new feature or a new bank account for INR deposits. But the last time we heard from Coinome, was 7 weeks ago when they launched a crypto-to-crypto market. However, Coin Crunch India has acquired the promo image for a future release of Coinome. The leaked promo is exclusively available on Coin…

Day One Consensus 2018: Lambos, Listings, Launches and News

Ladies and gentlemen, boys and girls, fasten your seatbelts because a lot has happened on Day 1 of the Consensus 2018. Lambos for the show Many Lambos were seen parked in front of the Consensus venue, which were mistaken for being those of Bitcoin whales. In reality they were placed strategically by a New Jersey-based car rental service, Broadway Supercars, to gain attention and make a statement. The first lambo…

How one Exchange Changed the Game for Giveaways in India

Giveaways have become a trend these days in India. Almost all exchanges are doing giveaways or massive referrals. The giveaways though come with conditions. Conditions to trade. Trading based giveaways are not new in the cryptoverse globally. It is no longer new in India too. The biggest giveaways are happening in India and the amounts are going into lakhs of rupees. KoinOK had announced the biggest giveaway for Rs. 6…

Can Consensus 2018 really bring long green candles to the market?

Woke up today morning seeing all the red? That may change soon enough. Today is a big day for the blockchain community. It is the first day of Consensus 2018. Consensus is an annual Blochchain Technology Summit organised by Coindesk. 2018 is expected to have about 7000 attendees, the highest so far. The event will be held from May 14 to 16. Can the consensus make a difference for the…

Supreme Court Hearing Against RBI for Banking Ban Pushed by One Week

On May 1, a writ petition against the Reserve Bank of India and Union of India was to be listed in court for a hearing. The Petition was filed by four exchanges and two individuals for an interim relief from RBI’s decision on Banking ban. The case was tagged with another petition that hit the news last year, filed by lawyer Dwaipayan Bhowmick. The 43 page petition by Bhowmick is to have…

Indians show Highest Intent to buy Cryptocurrency: Survey

Cryptocurrency has been the trending buzzword for half a year now and it doesn’t seem to be going away anytime soon. At one point in December last year exchanges had to shut down registrations as they could not handle the rapid growth. So, it wasn’t surprising to find out that India came on top in the ‘Buying intent’ of cryptocurrency around the world. In a survey published by Dalia, 6% users…

It is Raining Giveaways on Indian Exchanges

It is about time we take note of some exchanges that are air dropping or giving away cryptocurrency as part of some innovative programs. 1. Chance to Win XRP worth INR 50000 CoinDCX is listing XRP today on May 8. With the listing comes great offers for traders. Competition Timeline: May 8, 2018 to May 11, 2018 (11 PM) First 100 XRP depositors will receive Rs. 100 worth of XRP…

May 08, 2018 – List of Known Issues on Indian Exchanges

Here are the list of issues currently reported from multiple sources on certain exchanges: Zebpay Issue: ZRX withdrawals are not processed. Current Status: Please be careful before withdrawing, your funds will be stuck for a long time. Koinex Issue: POLY withdrawals are halted Current Status: You cannot withdraw POLY Unocoin Issue – Under maintenance.