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Posts tagged as “India”

XRP Stealing Scammer pretending to be from Koinex tracked down by Coin Crunch India

Ashish (Name changed) became a victim to an email scam and lost about 4962 XRP (Ripple) in February. He was sent an email from Koinex.in@gmail.com to transfer 6900 XRP tokens to activate his account. Ashish’s account was locked by Koinex genuinely as he had a due of 6900 XRP. The email reminder sent to him however was from a scammer who tried to bank on the opportunity. Ashish then transferred…

Tikolio: Android App to Keep track of Crypto Prices and News, Ad Free

If you think we have 100s of Apps to check the current cryptocurrency prices in India, you maybe right. All of them do the most important thing, pretty much the same way: Exchange based Pricing Crypto based Pricing Arbitrage Opportunities – Best Buy and Best Sell Prices. Joining this wild wild world of apps is Tikolio. The Android app helps you track prices of various digital assets from all Indian and International…

Doctor Turned Developer Launches A Lifetime Free Crypto Exchange in India

Disclaimer: Since December 04, 2018, Oxybit app is no longer available on Playstore and the website is inaccessible. Coin Crunch India has tried to reach the founders for clarification but haven’t received a response. It appears the exchange was shut down. Formal education will make you a living; self-education will make you a fortune – Jim Rohn “So, you’re a Doctor who created a mobile app for trading cryptocurrencies?“, I…

Twitter Handles of Co-Founders of Popular Crypto Exchanges

“I am having an Indian Libre”, I said to my friend who is hosting me in Mumbai. “What the hell is Indian Libre?” “You know how Coke and Rum is Cuba Libre? Well, Rum and Thumbs-up is Indian Libre”, I replied. It has no connection with the title of the post but I just wanted to promote the coined term “Indian Libre”. Speaking of Coined, you might know that there…

Review: New Cryptocurrency Exchange KoinOK is A-OK

“Be influenced, but don’t steal” – Unknown Source Indian crypto exchanges are somewhat like this. Influenced by other exchanges, but not a blatant copy. Realistically speaking, to succeed in a business, you need to be better than your competition or be unique. So where does this new exchange KoinOK fit in this arrangement? Let’s see. KoinOK launched silently, testing the waters. We added them to our list of exchanges as “Coming Soon”…

No the New Ban on Unregulated Deposits do not mean Ban on Bitcoin

Straight to the point. Today Cabinet approved a new Bill to “Ban Unregulated Deposit Schemes and Chit Funds (Amendment) Bill”, 2018. And as I had hoped the headlines like “Ban on Ponzi like cryptocurrency” started popping up faster than I can write the name of the bill. I am going to save my hatred for the mainstream media for now. For now, let me explain how this does not mean…

Yes Bank Deploys India’s First Enterprise Blockchain

Blockchain, the distributed ledger technology behind the cryptocurrencies like Bitcoin, is back in talks. Even our Finance Minister Arun Jaitely mentioned it positively in the Union Budget2018 Speech. Blockchain is revolutionary in many ways but its commercial implementation has always been debated. 9 years since its inception, not many are keen on implementing the technology as an enterprise solution just yet. This could however change in 2018. India’s Yes Bank…

Bitcoin Price Decline: Why did it happen? Should I buy now or wait?

We were looking at $20000 internationally, while in some Indian exchanges a whopping 16 lakh INR for a piece of Bitcoin, and today we are looking at prices lesser than 5.5 lakh INR, or close to 8000 USD. Why did this happen? Has it happened in the past? Should I buy now or wait? Let’s get into it. Why did this happen? Many theories have been put forward for the…

No Arun Jaitley did not say Bitcoin will be banned

Update: Bitcoin is not banned, Finance Minister says, “They want to discourage people”. Read about it In the Budget 2018-19 speech, Finance Minister Mr. Arun Jaitley maintained the government’s stance by calling Cryptocurrency as unrecognised and that the government will take measures to stop the use of such currencies for illegal activities. “The Government does not consider Cryptocurrencies as legal tender or coin and will take all measures to eliminate…

Koinex Enables Withdrawals, with Conditions

In a surprising delight, Koinex announced they will enable Deposits and Withdrawals today. They are not instant yet as we had hoped for. INR Transactions Update: Deposits & Withdrawals will be enabled today! Important points: – INR 10 lakhs per transaction – INR 1 crore per account per day – All pending withdrawals have been credited back to Koinex wallets Please read our complete blog: https://t.co/hbKPQOqrLv — Koinex (@koinexindia) 8…