Diabytes
CoinDCX News
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India-based crypto exchange CoinDCX suffered a major cyberattack on July 20 with hackers stealing nearly 44 million dollars (around Rs 380 crore) from its internal accounts. The breach which occurred over 17 hours ago. It was first flagged within the community by ethical hacker ZachZBT.
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IAMAI announced the dissolution of BACC.
The IAMAI said that it was forced to take the decision.
Bitcoin and Ethereum nosedived by nearly 70%.
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The ED is trying to ascertain whether these firms were involved in foreign exchange violations or not.
Earlier, Sumit Gupta the founder of CoinDCX was questioned at ED`s Bengaluru office.
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BuyUcoin CEO Shivam Thakral said it expects the Bill to accommodate the aspirations of Indian crypto owners.
CoinSwitch Kuber founder and CEO Ashish Singhal said the industry has been actively communicating with all stakeholders.
CoinDCX's spokesperson said a well-assessed and thought-through regulation will pave the way for greater adoption of the technology.
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As Bitcoin is considered the fastest-growing asset, you can choose to hold the free Bitcoin
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Several crypto trading platforms allow users to trade in cryptocurrency with ease. A few of them have now gained over millions of clients trading on the platform, signalling the popularity of the digital asset in India.
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