Indian Politician Pushes for Bitcoin Reserve as Global Adoption Grows
An influential Indian politician has called on the government to initiate a Bitcoin reserve pilot, signaling a growing interest in aligning India’s financial strategy with global crypto trends. The proposal comes amid accelerating Bitcoin adoption in the United States, where both federal and state institutions have begun integrating the digital asset into their fiscal frameworks. […]
WazirX to Meet Conditions During 4 Month Moratorium
WazirX’s founder, Nischal Shetty expressed gratitude for the court’s decision, emphasizing the need for a fair and legally binding resolution process. A Singapore High Court has imposed a number of requirements on the WazirX exchange following the granting of a four-month moratorium. The moratorium application’s approval paves the way for the exchange to devise a […]
Indian Supreme Court Regains YouTube Account from XRP Scammers
XRP scammers hacked the Supreme Court of India’s YouTube account, although, while it recovered, it lost its subscriber base. The Supreme Court of India quickly regained control of its official YouTube account after it was hijacked by cryptocurrency scammers promoting fake XRP investments. On September 20, hackers took over the Supreme Court’s YouTube account and […]
India Considers Banning Telegram After Hacker Leaks Data via Chatbots
Telegram is potentially banned in India after a hacker used chatbots to leak sensitive customer data from Star Health, the country’s largest health insurer. Telegram, a social networking application, is at risk of being banned in India due to its recent involvement in a significant data breach. The data of clients was exposed on the […]
India Ranks First on Global Crypto Adoption Index
According to Chainalysis, India ranked first in the 2024 Global Crypto Adoption Index despite the local prohibition of offshore crypto exchanges. In its fifth annual Chainalysis Global Crypto Adoption Index, released on September 11, the blockchain analysis firm reported that India will continue to be the world’s largest crypto market in terms of adoption in […]