Last year CoinDCX raised $135 million at a valuation of $2.2 bn from venture capital funds led by Pantera Capital and Steadview Capital Management LLC
It's an unusual stretch of calm for the token, which has over the years garnered attention for its wild price swings
This signifies that the company maintains a holdings ratio of 1:1 or more, meaning that it holds all user assets and fiat balances
In the age group of 18-30 years, 40% of respondents said they have invested more than Rs 40,000 in digital assets
Worldcoin, Altman's eyeball-scanning crypto project which officially launched on Monday, uses a small device called an "orb" to scan people's eyeballs in order to generate a a unique digital identity
The partnership with Jocata will enable CoinDCX to further augment its AML framework to navigate through the developing regulatory landscape
Cryptocurrency news: Another reason for the surge was the lower-than-expected US inflation of 3% for June
Rajnish Vedi will work towards improving the net promoter score (NPS) and customer satisfaction score (CSAT) by building seamless customer journeys, and transparent customer communication
In the last few weeks, the market was witnessing a bull run after the news emerged of several big entities showing their interest in Bitcoin but in the later part of the week, the market saw a sell-of
A minority (17.3%) decreased their crypto allocation. Unsurprisingly, the main concerns of survey participants are regulatory risk (29.7%), counterparty risk (21.6%), custody of assets (15.7%)
CoinDCX also said that it anticipates a 'significant' number of users benefiting from KoinX's tax assistance services
Among the most important developments in crypto markets was the King of England's assent to the UK's Financial Services and Markets Act
FTX has been holding talks with investors about backing a potential restart of the FTX.com exchange through structures such as a joint venture
The users will also not be able to deposit more money for investment in their wallets but the withdrawals will remain unaffected
"If you see any articles or ads mentioning my association with cryptocurrency, they are absolutely untrue and meant to scam citizens," he added
Mudrex has developed SatoshiGPT, an inclusive platform designed to bridge the gap in crypto knowledge
The online tax filing company has integrated with over 100 crypto exchanges, including Coinbase, CoinDCX, Binance, and WazirX, to provide taxation services at one common platform 'CryptoTax'
In a press release, the company said that the Tegro exchange enables bulk trading of non-fungible tokens (NFTs) across Ethereum, Polygon, and other EVM-compatible chains
BlackRock's application for spot Bitcoin ETF and Deutsche Bank's interest in crypto custody services have kept investors motivated in the last week
Shrooms in Bali, dinner in Barcelona, date with a tiger in Dubai: They left troubles behind, even as Three Arrows Capital's implosion devastated crypto world