Coinswitch

The total customer holdings with CoinSwitch as on March 31, 2024, has grown by 93 percent as compared to the previous edition of the proof-of-reserves report, that was released in July last year.

The FATF has expressed concerns about nations delaying deployment and adoption of crypto-related rules. The Paris-based global financial watchdog is leaving room for criminal activities to take shape.

Stan has managed to raise an investment of $2.7 million (roughly Rs. 22 crore) from several investors, including CoinDCX Ventures and Coinswitch Ventures. The company disclosed this information in an official announcement shared on January 23. Aptos Labs, Pix Capital, Maelstrom Fund, GFR Fund, General Catalyst, Climber Capital, and TDV Partners are...

WazirX, as of November 2023, managed to generate around $1 billion (roughly Rs. 8,315 crore) in terms of trading volume. This is a 90 percent decline from its previous year’s trading volume of $10 billion (roughly Rs. 83,151 crore) and 2021’s figure of $43 billion (roughly Rs. 3,57,534 crore). In terms of addressing the potential reasons why tr...

CoinSwitch now has an umbrella brand called PeepalCo, which will now envelope three platforms owned by the same company. As per Ashish Singhal, Co-Founder and Group CEO, PeepalCo group, this branding will allow the management to align in-hand resources more efficiently.

CoinSwitch may be looking at increasing the number of people who engage with crypto on its platform. To do so, the exchange has launched a new feature called Earn. Through this, CoinSwitch users will be able to generate some rewards for having purchased and saved crypto assets.

CoinSwitch, after terminating 44 members from its customer support team, has said it tried to reassign employees internally to other verticals before offering them an exit from the company. A drop in customer queries regarding crypto investments has been cited as the main reason why the company decided to trim its customer support unit.

Coinbase Ventures has claimed that its helping Silence Labs, AirStack, Mohash, and Shield among 12 others with nearly $25 Million in subsequent funding. The company claims that the formation of this Web3 focussed fund last year was to enable early-stage startups to experiment with blockchain, crypto, and overall Web3 to solve real-world problems.

The Telangana government and the Bharat Web3 Association have entered into an MoU to drive the exploration of the overall Web3 industry. The role of the Bharat Web3 Association in this partnership will be to designate a dedicated point of contact to facilitate the implementation of Web3-related policies.

In an appeal to India’s finance ministry, PayBito CEO Raj Chowdhury and CoinSwitch CEO Ashish Singhal have asked the authorities to refine their approach towards the crypto sector. The urge from the Indian crypto players comes just days before India gets its union budget for the year of 2023-2024.

Bitcoin, Dogecoin, and Ether are favourite cryptocurrencies among Indian investors, a report by CoinSwitch crypto exchange says. Delhi emerged as the most crypto-crazy city, according to the findings of the crypto exchange. Among tier-two cities, Jaipur has shown an accelerating growth in terms of adoption.

The Bharat Web3 Association (BWA) has reportedly met with senior officials from India’s finance ministry to review and voice concerns about India’s crypto-related policies and judgement. The BWA, comprised of members from Indian crypto players like WaxirX and CoinSwitch Kuber, is looking to participate actively in helping India formulate adequa...

CoinSwitch has launched a new offering in CoinSwitch Pro, a cross-exchange crypto trading platform allows users to trade crypto tokens across multiple exchanges without needing to log in to every exchange separately.

CoinSwitch Kuber has claimed to have received a verification of its balance sheets from INMACS. The aim was to prove that the Indian crypto exchange holds sufficient reserves to match its customer investments. It is however, noteworthy, that the report confirms of CoinSwitch’s fund sufficiency as of November 4, 2022, that is over two weeks ago. I...

Indian crypto exchange Giottus has agreed to provide proof of reserves to add another layer of transparency to its business operations in the country. Cryptocurrencies were slammed this week after the FTX exchange was thrown into turmoil this month due to lack of liquidity. Amid the chaos, Giottus has said that it was ready to provide proofs of int...

The total customer holdings with CoinSwitch as on March 31, 2024, has grown by 93 percent as compared to the previous edition of the proof-of-reserves report, that was released in July last year.

The FATF has expressed concerns about nations delaying deployment and adoption of crypto-related rules. The Paris-based global financial watchdog is leaving room for criminal activities to take shape.

Stan has managed to raise an investment of $2.7 million (roughly Rs. 22 crore) from several investors, including CoinDCX Ventures and Coinswitch Ventures. The company disclosed this information in an official announcement shared on January 23. Aptos Labs, Pix Capital, Maelstrom Fund, GFR Fund, General Catalyst, Climber Capital, and TDV Partners are...

WazirX, as of November 2023, managed to generate around $1 billion (roughly Rs. 8,315 crore) in terms of trading volume. This is a 90 percent decline from its previous year’s trading volume of $10 billion (roughly Rs. 83,151 crore) and 2021’s figure of $43 billion (roughly Rs. 3,57,534 crore). In terms of addressing the potential reasons why tr...

CoinSwitch now has an umbrella brand called PeepalCo, which will now envelope three platforms owned by the same company. As per Ashish Singhal, Co-Founder and Group CEO, PeepalCo group, this branding will allow the management to align in-hand resources more efficiently.

CoinSwitch may be looking at increasing the number of people who engage with crypto on its platform. To do so, the exchange has launched a new feature called Earn. Through this, CoinSwitch users will be able to generate some rewards for having purchased and saved crypto assets.

CoinSwitch, after terminating 44 members from its customer support team, has said it tried to reassign employees internally to other verticals before offering them an exit from the company. A drop in customer queries regarding crypto investments has been cited as the main reason why the company decided to trim its customer support unit.

Coinbase Ventures has claimed that its helping Silence Labs, AirStack, Mohash, and Shield among 12 others with nearly $25 Million in subsequent funding. The company claims that the formation of this Web3 focussed fund last year was to enable early-stage startups to experiment with blockchain, crypto, and overall Web3 to solve real-world problems.

The Telangana government and the Bharat Web3 Association have entered into an MoU to drive the exploration of the overall Web3 industry. The role of the Bharat Web3 Association in this partnership will be to designate a dedicated point of contact to facilitate the implementation of Web3-related policies.

In an appeal to India’s finance ministry, PayBito CEO Raj Chowdhury and CoinSwitch CEO Ashish Singhal have asked the authorities to refine their approach towards the crypto sector. The urge from the Indian crypto players comes just days before India gets its union budget for the year of 2023-2024.

Bitcoin, Dogecoin, and Ether are favourite cryptocurrencies among Indian investors, a report by CoinSwitch crypto exchange says. Delhi emerged as the most crypto-crazy city, according to the findings of the crypto exchange. Among tier-two cities, Jaipur has shown an accelerating growth in terms of adoption.

The Bharat Web3 Association (BWA) has reportedly met with senior officials from India’s finance ministry to review and voice concerns about India’s crypto-related policies and judgement. The BWA, comprised of members from Indian crypto players like WaxirX and CoinSwitch Kuber, is looking to participate actively in helping India formulate adequa...

CoinSwitch has launched a new offering in CoinSwitch Pro, a cross-exchange crypto trading platform allows users to trade crypto tokens across multiple exchanges without needing to log in to every exchange separately.

CoinSwitch Kuber has claimed to have received a verification of its balance sheets from INMACS. The aim was to prove that the Indian crypto exchange holds sufficient reserves to match its customer investments. It is however, noteworthy, that the report confirms of CoinSwitch’s fund sufficiency as of November 4, 2022, that is over two weeks ago. I...

Indian crypto exchange Giottus has agreed to provide proof of reserves to add another layer of transparency to its business operations in the country. Cryptocurrencies were slammed this week after the FTX exchange was thrown into turmoil this month due to lack of liquidity. Amid the chaos, Giottus has said that it was ready to provide proofs of int...