Indian crypto exchanges eye Web3 space amid market dry spell

[ad_1] The top executives of Indian crypto exchanges such as Coinswitch, CoinDCX, and WazirX are venturing from the centralised ecosystem to the decentralised world of Web3.  Most Indian exchanges take custody of your digital assets, making them centralised by nature. In contrast, Web3 is supposed to be the new decentralised version of the internet, which […]

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Indian investors duped of Rs 1000 crore to fake crypto exchanges: CloudSEK

[ad_1] Crypto scammers are always looking for new ways to dupe investors and steal their digital assets. This includes phishing scams, pump and dump schemes and designing malicious crypto exchanges. Indian investors have been duped of more than Rs 1,000 crore to a fake crypto exchange scam, reveals a new report by cyber security company […]

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‘New rule to tackle crypto tax evasion’: Experts on mandate to store KYC data

[ad_1] A new rule will oblige cryptocurrency companies and exchanges to store Know Your Customer (KYC) information and financial transactions of all their customers for five years. This move is perceived to be a positive step towards compliance and user safety on crypto platforms. However, experts also concede that this development will significantly increase the […]

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