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The U.S. Justice Department has reportedly launched a criminal investigation into a recent breach at Coinbase involving bribed overseas staff and a $20 million ransom demand. U.S. authorities have launched a criminal investigation into how hackers managed to steal sensitive…

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India’s Supreme Court has raised concerns over unregulated Bitcoin trading, comparing it to a refined form of Hawala during a recent bail hearing in a crypto-related case. According to local media, the observation came as the court questioned the absence…

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Crypto exchange Bitget and Avalanche are teaming up to boost the adoption of digital asset trading and blockchain technology in India. Bitget announced on April 28 that it had entered a strategic collaboration with Avalanche (AVAX), that will leverage their…

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Over 90% of WazirX creditors have voted in favor of proposed restructuring plan, clearing a key hurdle ahead of court review in Singapore. Creditors had nearly 10 days to cast their votes on Zettai’s restructuring plan — and by the…

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As India signals a recalibration of its crypto policies, crypto service providers are targeting the Indian market. As national jurisdictions are changing their stance on crypto, led by Donald Trump’s pro-crypto agenda, India is starting to recalibrate as well. Although…

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Brazil seems to favor blockchain for BRICS cross-border trade, moving away from talk of a joint currency. Brazil may be exploring blockchain to improve BRICS — which includes Russia, India, China, along with other members — trade transactions, with the…

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Russian oil firms are using Bitcoin, Ethereum, and stablecoins to convert Chinese yuan and Indian rupees into roubles for trade as Western sanctions persist. Faced with Western sanctions, Russian oil firms are actively turning to cryptocurrencies to move money between…

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Indian police have arrested Aleksej Besciokov, co-founder of Garantex, a Russian cryptocurrency exchange sanctioned by the U.S. and the European Union for facilitating money laundering. Besciokov, a Lithuanian national, was detained in Varkala, Kerala, under India’s extradition law, according to…

Feature
1,200+ web3 startups, billions in investment, yet zero regulatory clarity — how long can India’s blockchain industry survive without clear rules? India’s web3 boom A few years ago, India’s blockchain scene was a playground for retail traders testing the waters…

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U.S.-based cryptocurrency exchange Coinbase has registered with India’s financial regulator to offer crypto trading services in the country. Coinbase is preparing to re-enter the Indian market after securing regulatory approval from the country’s Financial Intelligence Unit. In a March 11…

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India’s Enforcement Directorate has enlisted CoinDCX to provide custodian services for seized cryptocurrency. Enforcement Directorate, India‘s law enforcement and economic intelligence agency, has selected cryptocurrency exchange CoinDCX to manage cryptocurrencies seized during ongoing investigations. In a March 5 press release…

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PayPal and HDFC Bank-backed Mintoak has acquired Digiledge in a $3.5 million deal, marking the first acquisition in India’s central bank digital currency space. Mintoak, an Indian ecommerce startup that facilitates merchant payments, has acquired Digiledge in a deal worth…

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Law enforcement in India has arrested three in connection to a large-scale crypto fraud that lured over 2,000 victims with promises of lucrative returns. According to local media, police in the northeastern Indian state of Assam have cracked down on…

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Bybit has resumed its trading services in India after securing registration with Indian authorities, the exchange announced on Feb. 25. The move restores full access to Bybit’s platform for existing users, with new user onboarding also beginning gradually. The exchange…

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Crypto trading in India is booming, with volumes hitting nearly $2 billion as small-city investors seek financial stability amid sluggish job and wage growth. Crypto trading volumes in India jumped to $1.9 billion in Q4 2024, more than doubling from…

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Kraken exchange is getting ready to rejoin the Indian market after being banned in 2024 for violating anti-money laundering laws. The exchange has been working with local authorities to secure the permits required to resume operations. According to a news…