Algorand Foundation to drive Web3 adoption in India

Algorand Foundation to drive Web3 adoption in India

The Algorand Foundation has teamed up with academic institutions to create educational initiatives and programs for faculty members, students, and businesses that would promote Web3 adoption in India. The Algorand team announced their partnership with Jawaharlal Nehru Technological University Hyderabad and the Indian School of Business. Programs for faculty development and training for student developers […]

Crypto Imposter Dupes Indian Engineer of $60k

Crypto Imposter Dupes Indian Engineer of $60k

The engineer is 42 years old and lives in Andheri. On August 26, he got a message on WhatsApp from someone pretending to be a Chinese woman. “Are you Mr. Desai Sharma from Travel India?” read the message. The person who got the message told her that he wasn’t and that she was wrong. A […]

India ranks third in global Web 3.0 workforce – Report

India’s Financial Intelligence Unit (FIU) Fines Binance $2.25M

With about 450 Web 3 startups in the country, India has 11% of the global Web 3.0 workforce making it sit at the third position according to reports from the National Association of Software and Services Companies (NASSCOM). India presently has 11% of the world’s Web 3.0 workforce , according to recent research by the […]

Indian law enforcement agency raids CoinSwitch Kuber

Indian law enforcement agency raids CoinSwitch Kuber

The offices of CoinSwitch Kuber a top Indian exchange were searched on Thursday by the Enforcement Directorate of India, the cryptocurrency exchange came under examination after India’s government pressure on the industry escalated. The report also stated that aside CoinSwitch Kuber, up to five of the crypto exchange’s sites were the subject of the raids. […]

Crypto Exchanges In India undergo Probing For Money Laundering

Crypto Exchanges In India undergo Probing For Money Laundering

The Enforcement Directorate of India is looking into ten crypto exchanges for allegedly laundering more than $125 million in cryptocurrency. Ten crypto exchanges are being investigated by India’s Enforcement Directorate for allegedly laundering more than 1 billion rupees. This is more than $125 million in digital money equivalent.According to The Economics Times, numerous organizations suspected […]