On 18 July 2025, Indian crypto exchange CoinDCX was hacked, losing ₹378 crore ($44 million) from its internal accounts in a server breach. The company confirmed the incident the following day but assured users that no customer funds were compromised, with all personal wallets remaining secure. However, in the aftermath of the breach, fraudsters have
Crypto arbitrage is a trading strategy that involves buying a cryptocurrency on one exchange where the price is low and selling it on another where the price is higher, profiting from the difference. These price gaps often occur due to differences in trading volume, liquidity, and market timing across platforms. While the margins may be
The Indian cryptocurrency ecosystem is experiencing a seismic shift as the world’s leading digital asset exchanges, Bybit, have announced it is prepared for full tax compliance. Starting July 7, 2025, the platform will charge an 18% Goods and Services Tax (GST) on all trade and service fees for its Indian users, marking a watershed moment
Struggling with high gas fees, wallet complexity, or crypto’s on-ramp hurdles? e-RUPI helps here as India’s surprisingly efficient digital voucher system that bypasses these problems entirely. Launched in 2021 by NPCI and the Government of India, this SMS/QR-based solution delivers instant prepaid value with zero blockchain, zero bank accounts required, and, surprisingly, zero internet needed.
The future of digital currency in India represents a transformative journey towards a cashless economy, with the Reserve Bank of India’s digital rupee pilot program already reaching over 5 million users and circulating Rs 1,016.5 crore by 2025. India’s robust digital payment infrastructure, as demonstrated by UPI processing 18.68 billion transactions worth $294.21 billion in
Selling cryptocurrency in India involves using regulated exchanges, such as CoinDCX or WazirX, to convert digital assets into Indian Rupees (INR) through verified and compliant platforms. Many Indian investors convert their crypto holdings to INR for profit-taking, portfolio adjustments, or to meet urgent financial needs, amid the rapid growth of the Indian crypto market. This
Laxmi Coin is an India-origin cryptocurrency project that aims to merge blockchain technology with social good, promising decentralized payments, mobile mining, and charitable integration. However, it currently lacks widespread adoption, exchange listings, and verifiable on-chain activity. Despite early announcements and domain presence, there is no credible technical development or active user base for the Laxmi
Crypto Billionaires of India represents a new wave of digital wealth owners, with a few standout individuals leading the nation’s quiet yet powerful entry into the global crypto space. Their rise reflects the growing impact of blockchain innovation in India. Despite ongoing regulatory uncertainty, pioneers like Jaynti Kanani, Sumit Gupta, and Nischal Shetty have overcome
Digital currencies are reshaping the global financial landscape, and India has joined this revolution with its own Central Bank Digital Currency. The Digital Rupee, also known as e-Rupee (e₹), is India’s official digital currency that functions similarly to physical cash, but in an electronic form. The Digital Rupee pilot programme was launched in December 2022
