CoinSwitch Kuber CEO Ashish Singhal Says EDs Raids Weren’t About Money Laundering Probe

CoinSwitch Kuber co-founder and CEO Ashish Singhal has clarified on Twitter that his firm is cooperating with India’s Enforcement Directorate (ED) after the ED carried out raids on the cryptocurrency exchanges’ official premises, the residences of directors, as well as Singhal’s residence. Although initial reports had hinted that the raids were conducted in connection with … Read more

Binance Confirms Restricting Tezos-Linked Account on Legal Grounds, Similar Cases Continue to Rise

Owing to requests from the law enforcement agencies, Binance crypto exchange froze account access for a Tezos staking rewards auditor named Baking Bad. This corporate account had a sum of $1 million (roughly Rs. 8 crore) in the form of Bitcoin, Ether, Polygon, and Tether. Baking Bad, in a thread of tweets claimed that no … Read more

BTC, ETH Open With Losses, Crypto Market Cap Slips Below Trillion Dollar Mark

The month of August elevated the base prices of several cryptocurrencies, however, majority cryptocurrencies saw losses as the month inches closer to its end. Bitcoin on Monday, August 29, opened with a minor price loss of 0.74 percent. As per Indian exchange CoinSwitch Kuber, BTC is currently trading at $19,808 (roughly Rs. 15.80 lakh). On … Read more

CoinDCX Launches DeFi Mobile App ‘Okto’ Aimed at Widespread Expansion of Web3 in India

Crypto exchange CoinDCX launched ‘Okto’, a decentralised finance (DeFi) app to open the Web3 sector for a widespread adoption in India, on Friday, August 26. The company is aiming to help members of the Indian crypto community to dive deeper into the DeFi space. As per Investopedia, DeFi is an emerging financial technology based on … Read more

Crypto Market Sentiment Remains Cautious as Bitcoin Steadies Below $21,500 Yet Again

Thursday saw another day of subdued price action in the cryptocurrency market as the financial world’s attention remains fixed on the upcoming Jackson Hole Summit, with a majority of traders taking a risk-off approach until finding out the US Federal Reserve’s next monetary policy decision. The value of Bitcoin has witnessed a 1.15 percent dip … Read more

MTV Music Awards to See Eminem, Snoop Dogg Perform in Bored Apes Track

Rap icons Eminem and Snoop Dogg are all geared-up to bring an NFT-twist to their much talked-about performance at MTV’s Video Music Awards (VMAs). The performance will be inspired by the ‘Otherside’ metaverse, which is a project in collaboration between Yuga Labs’ Bored Apes Yacht Club (BAYC) and NFT investment mammoth, Animoca Brands. For the … Read more

Crypto Price Chart Shows Gains and Losses as Altcoins Swell Up While Bitcoin, Ether See Dips

Bitcoin opened with losses on Monday, January 17, stepping into the third week of 2022. With a dip of 0.57 percent, each token of Bitcoin is trading at $46,214 (roughly Rs. 34.2 lakh) on Indian exchange CoinSwitch Kuber. On international exchanges as well, Bitcoin has suffered similarly marginal price loss. The world’s oldest cryptocurrency is … Read more