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.

Synthetix已上線USDT永續合約市場:8月10日消息，合成資產協議Synthetix已上線USDT永續合約市場，用戶可通過已集成 Synthetix Perps 的交易前端（Kwenta、Polynomial 和 dHEDGE）進行 USDT 杠桿交易，價格將由 Pyth 預言機喂價。[2023/8/10 16:16:54]

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

加密貨幣先驅Brock Pierc澄清：自2015年以來便未與Tether再有關聯:10月5日消息，比特幣基金會主席、加密貨幣先驅Brock Pierce澄清了他在Tether中的角色：“我是Tether的主要創始人之一，但我從來都不是公司的董事或主管。我是被動關聯的。2015年，我將自己100%的股權轉讓給了我們的少數合伙人，我沒有通過Tether賺一分錢。”（PR Newswire）[2021/10/6 20:07:49]

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.

THETA跌破12美元關口 日內跌幅為16.1%:歐易OKEx數據顯示，THETA短線下跌，跌破12美元關口，現報11.997美元，日內跌幅達到16.1%，行情波動較大，請做好風險控制。[2021/4/18 20:32:38]

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

Tether在以太坊網絡增發1.2億枚USDT:金色財經報道，Whale Alert數據顯示，北京時間07月23日01:15，Tether公司向以太坊網絡增發1.2億美元USDT，增發哈希為：0x560d0472662a14abd9d266ff47d9f8cfd03edec2d04386f83ada6e4f9f900a4d。對此，Bitfinex首席技術官Paolo Ardoino表示，以太坊網絡補充了1.2億USDT的庫存。請注意，這是一筆已授權但未發行的交易，這意味著該金額將用作下一次發行請求的庫存。[2020/7/23]

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

動態 | Bitfinex剛剛向Tether轉入1億枚USDT:據chaindigg數據顯示，今日15:28:15，Bitfinex錢包地址（1KYiKJEf開頭）再度向Tether錢包地址（1NTMakcgVwQp開頭）轉入1億枚USDT。[2018/10/30]

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

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.

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