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1,023 new cryptocurrencies listed on the market since February

Despite regulations, over 1,000 new crypto coins listed in market in 5 months

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The total number of cryptos increased 75 times between 2013 and 2021, from slightly more than 60 to more than 4,500 According to data presented...
The RBI noted that the growing threat of the crypto-assets ecosystem warrants drastic approaches by national authorities

RBI slams unbacked crypto assets, stablecoins, DeFi and crypto trading platforms

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RBI underscores need for regulatory guardrails to ensure financial stability and consumer, investor protection The Reserve Bank of India (RBI) has come down heavily on...
Since Q1 2022, the macroeconomic environment has shifted dramatically, sparking a dramatic pullback in equity and crypto markets

BlockFi & Crypto.com lay off hundreds of employees as coins slump

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As global crypto market batter, BlockFi and Crypto.com lay off hundreds of employees After the global crypto market was battered owing to a "dramatic shift"...
With more than 15 million users in India, CoinSwitch Kuber has become a new unicorn and most valuable crypto company in the country valued at $1.9 billion

CoinSwitch Kuber aims for 50 million Indian crypto users in the next two years

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CoinSwitch Kuber joins unicorn club after raising $260 million Cryptocurrencies have seen an exponential increase in interest ever since the RBI ban was lifted in...
Single Chinese company was able to transfer more than $100 mn in cryptocurrencies into just two digital wallets, say Report

Myanmar-based company cheats people for over $100 mn in crypto payments in less than...

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Chainalysis: A company operating in Myanmar defrauded more than $100 million in less than two years and used USDT to transfer funds According to a...
Compliance under PMLA, demands reporting entities’ registration and adherence to regulatory norms like KYC, transaction records, and reporting of suspicious activities

28 crypto/ VDA platforms register with FIU-India to comply with PMLA norms

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Offshore crypto exchanges must register with India’s FIU: Finance Ministry As many as 28 Virtual Digital Assets (VDA) service providers, including WazirX, Coin DCX, and...
In its latest Financial Stability Report (FSB), the central bank said that crypto assets are highly volatile

India mulls prohibiting unbacked crypto assets in its G20 presidency

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RBI suggests a common approach to crypto assets to avoid financial risks Under India's G20 presidency, one of the priorities is to develop a framework...
The researchers tracked 6,656 crypto coins, and only 2.30 percent of these cryptocurrencies were categorized as having a good liquidity

Amid high volatility, only 2% of cryptocurrencies have ‘healthy’ liquidity, finds study

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Almost 90% of cryptocurrencies have a low trading volume As major crypto exchanges like FTX go bankrupt amid high volatility, almost 90 percent of cryptocurrencies...
Several Telegram channels were found selling Hayya cards for prices ranging from $50-$150

Cyber-security researchers warn of hackers selling fake Hayya cards, digital coins for FIFA World...

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FIFA lovers beware of cyberattacks, scams As the FIFA World Cup is currently underway in Qatar, cyber-security researchers on Monday warned that threat actors are...
Bitcoin was more than 55 percent down since its all-time high of $69,000 in November last year

Crypto crash: Bitcoin extends losses, drops below $30,000-mark

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Millions of investors in panic mode as cryptos see massive decline On Tuesday, the global cryptocurrency market witnessed its worst phase ever, with Bitcoin dropping...

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