Indian government does not appear to be in favor of banning cryptocurrency. Instead, they may allow and regulate it. According to indiatimes, A panel formed by the government to look into cryptocurrency does not seem to be in favor of banning it. Instead, it may suggest allowing cryptocurrency with riders....
Amit Lakhanpal is an Indian Bitcoin billionaire who sold dreams of instant riches to many investors. He fabricated quite a few documents in order to cheat the investors of their money. According to the investigations, his company Money Trade coin even head office is a new roof and golf. According...
Banks accountable for roughly 50% of India’s inner transaction have combined in an association which intends to present blockchain technology to obtain faster trades and lessens barriers to approving new financial loans. According to Abhijit Singh, head of technologies in ICICI Bank Ltd, one among those association founders stated...
The cryptocurrency exchanges in India are ready to abide by strict regulations. In a recent statement, released by the cryptocurrency exchanges, they clearly stated that they were ready for greater scrutiny by RBI. According to a statement by RBI on April 5, 2018, it has directed all the banks to...
A district court in the city of Chandigarh, India arrested 2 individuals on charges of defrauding the businessman with US$ 1.5 billion. They had lured him with the scheme of cryptocurrency investing. The criminals were produced in the District Court which sent them into custody for 3 days. However,...
Aditya Birla group which is one of the largest conglomerates in India was targeted by hackers in order to mine cryptocurrency. This is the 1st such cryptojacking attempt by hackers in India. Over 2000 different computers of the company were used for mining cryptocurrency. The computers were used without proper...
