The ABCs of Crypto and Their Journey in India: AOFEX, Binance vs CoinSwitch, CoinDCX of India:

WhenCoinSwitchKuberannounceditsfundraisingnewsonOct6?thatithadraisedover$260million?fromhighprofileinvestorsatavaluationof$1.9billion,alleyesinthecryptoworldweredrawntoIndiaagain,theburgeoningcryptocurrencymarket?whereCoinSwitch?Kuberisoperating.Despiteoftheuncertaintyinregulatory?policiesregardingthecryptocurrencyindustryinIndia,thefundinginthisroundattractedfamousinvestorssuchasventurecapitalfirmsAndreessenHorowitzandCoinbaseVenturestojoinitsexistinginvestorsParadign,RibbitCapital,SequoiaIndiaandTigerGlobal.

ThisroundoffinancinghasofficiallyelevatedCoinSwitchKuberintoaunicornstatusamongIndian’shomegrowncryptocurrency?platforms.ThefirstIndiancryptoexchangecrownedwiththeunicornstatuswasCoinDCX.BackinAugustthisyear,CoinDCXraised$90millioninafundingroundwith?avaluationof$1.1?billion.?Theinvestment?wasledbyEduardoSaverin’s?(theCo-founderofFacebookInc.)?BCapitalGroup,?whileCoinDCX’s?existingpartnersCoinbaseVentures,PolychainCapital,Block.one,andJumpCapitalparticipatedaswell.

The Block副總裁：FTX破產概率幾乎為0:11月7日消息，The Block研究副總裁Larry Cermak整理了一份所有標記為Alameda相關錢包的數據庫。數據統計顯示，Alameda鏈上總余額相比上個月（10月1日統計）減少2.3億美元（減少47%），其中大部分資金存入FTX和Genesis。

Larry Cermak表示，FTX破產概率幾乎為0，并相信Alameda有足夠資金可以通過場外交易買入Binance持有的FTT。當前FTX存在的流動性問題是由于人們出于謹慎提現導致。[2022/11/7 12:27:36]

DespiteofthesuccessthatlocalIndianexchangesareexperiencingwhenraisingglobalcapitaltoaccelerate?theirgrowthinitshomemarket,internationalplayershavealsobeenjoiningtheracetoexpandinthecountry.TheIndianpolicymakers’?debateoncryptoassetshasn’t?affectedthefundraisingforexchanges,?northegrowththeyhavebeenexperiencing.SumitGupta,CEOofCoinDCXtoldBloomberginaninterviewthat?he?planstousepartofthefundstodoublehisteaminthenextsixmonthstoabout400peopleinIndia.RegisteredinSingaporeasPrimestackPte.,CoinDCXaimstoexpanditsuserbasefrom3.5millionto50millionoverthenextfewyearsandfocusoneducatingusersoncryptoandblockchain.

風投機構The Spartan Group新基金完成1.1億美元募資，將用于投資DeFi領域:據風投機構TheSpartanGroup合伙人SpartanBlack表示，TheSpartanGroup原計劃募集2000萬美元的新一輪基金現超額募得1.1億美元，募得的資金將用于投資DeFi領域。[2021/6/2 23:04:47]

Suchaggressive?expansiongoalsaresetonthe?backdropofthecountry’sastonishinggrowthinthesector.India'sdigitalcurrencymarkethasgrownfrom$923millioninApril2020to$6.6billioninMay2021,accordingtoChainalysis,ablockchaindataplatform.Among154nations,Indiaranks11thincryptocurrencyadoption,itsaid.?readmore

LocalIndianmediahadreportedearlierthisyearthatthegovernment?waslookingtotaxcryptocurrencytradesandecosysteminthecountry.?readmore?Regulators’?pushbackagainstthecryptoindustryhasn’tslowed?downtheindustry’sgrowthnorthecitizens’?acceptancerateofdigitalassets.Accordingto?a?report?citedbyIndiaTimes,thecountryhasthehighestnumberofcryptocurrency?ownersintheworldatover100million.

Crypto.com APP上線The Graph（GRT）:加密貨幣借記卡公司Crypto.com在推特上宣布，其APP現已上線The Graph（GRT）。[2020/12/21 15:56:58]

Whilethesenewlymintedcryptounicornsarecelebratingthemilestonesintheirpathtoexplosivegrowth,anotherIndianplatformWazirX,ownedsince2019byBinance,hasbeenhavingatoughertimeintherecentmonths.BackinJunethisyear,India’sfinancialcrime-fightingagencysaidthatWazirX,oneofthecountry'slargestcryptocurrencyexchangesanditsdirectors,wereunderinvestigationforsuspectedviolationofforeignexchangeregulations.?TheCEOandFounderofWazirX,NischalShetty,hadvocallydefendedhiscompany."WegobeyondourlegalobligationsbyfollowingKnowYourCustomer(KYC)andAMLprocessesandhavealwaysprovidedinformationtolawenforcementauthoritieswheneverrequired,"NischalShettysaid.

Tether躋身CMC加密貨幣市值排名第四位:CoinMarketCap數據顯示，Tether（USDT）目前已躋身加密貨幣市值排名第四位，僅落后于BTC、ETH和XRP。USDT全球均價現為1美元，24小時漲幅0.35%。[2020/3/16]

BinanceownedWazirXwasfirsthitwithroadblocksbackin2018,notlongafteritslaunch,whentheIndiancentralbankimposedablanketbanonvirtualcurrencyinthecountry.WazirXquicklylaunchedapeer-to-peertradingsystembarelytwodaysaftertheban.WazirXhadmadetherightbetand?itbecamethekeymomentthattheplatformstartedtoseeaskyrocketinggrowththatcontinuedtodate.

WhileBinancehasbeenfacingchallengesglobally,fromabaninUKtoregulatorypressureinotherEuropean?countries,coupledwithotherAsiancountries?tightenthescrewonthegroup,Shetty’scompanyhasgonethroughitsownfairshareofregulatoryscrutinyaswell.WazirX,foritspart,hasbeencaughtinthemidstofacontinuingcryptodebateamongIndianauthorities,leadingShettytoteamupwithotherexchangestojointlyengagethecountry’stopfinancialdecision-makers.?(readmore)

聲音 | Tether總法律顧問：Tether的儲備等于或大于流通中的USDT數量:據cointelegraph報道，Tether官網近日刪除了其代幣完全由美元支撐的條款。對此，Tether的總法律顧問Stuart Hoegner回應稱，Tether的儲備包括現金、現金等價物和其它資產，同時保證這些儲備等于或大于流通中的USDT數量。然而，Hoegner拒絕詳細說明被該公司用作儲備的資產類型，但表示其改變儲備政策的決定是穩定幣局勢變化的結果。[2019/3/25]

Despiteitsregulatoryuncertainty,IndiaisclearlyapreciousjewelintheFarEast?regionthatattractedmorethanjustBinance.AOFEX,agloballeading?serviceplatformofdigitalassets,hasjustjoinedtherushtoembracetheIndian?marketaheadofDiwali.AOFEXannounceditslaunchinIndiaonOctober15th,joiningotherIndiancryptocurrencyexchangesincompetingfortheattentionsofDiwalishoppersforthecountry’s?biggestandmostimportantholidayoftheyear.?WhileduringDhanters,Indianstraditionally?rushtoagoldshoppingspree,inrecentyearstheyhaveexpandedtheirDiwaliinvestmentstoinclude?otherassetclassessuchasstocks.ThisDiwali,thecryptoexchangesareseenengagingthefamousIndianstarsofalltimesuchasAmitabhBachchan,RanveerSingh?toeducatefirst-timeinvestorsaboutcryptocurrency:thesimplicityandsuperiority,inaveryBollywoodmanner.ItwillsurelybeaDiwalithat,formany,alsomarksthestartofanewcryptojourney.

Tags：THEINGINDIONThe Fire TokenFingerPrintdHEDGE Top IndexBear Billionaire

比特幣