Indian Authorities Nab High-Profile Bitcoin Scammers

As India still remains uncertain regarding its regulatory framework for digital currency operations, a number of high-profile fraud cases involving Bitcoin have come to light. Police authorities from the Indian State of Chandigarh recently arrested Amit Bharadwaj for his role in a multicrore Bitcoin scam, reports local publication The Indian Express.  According to the Chandigarh police, three investors […]

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India Unlikely to Issue Blanket Ban on Cryptocurrency

Government officials in India have indicated that the government may adopt a more measured approach to regulating the cryptocurrency market.   We Don’t Want to Ban Cryptocurrencies Altogether In yet another twist to the unending saga of India’s stance on cryptocurrency market, recent comments from government officials indicate that the country may not ban virtual […]

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India Hit with Crime Wave as Cryptocurrencies Continue to Gain Popularity

Matthew Hrones · June 13, 2018 · 1:00 am It seems that every time a new technology emerges, so too do ne’er-do-wells seeking to exploit that technology for their own gain. Cryptocurrencies are no exception. Bitcoin’s meteoric rise last December led to a whole slew of hacks and scams being perpetrated around the world. Of […]

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Supreme Court of India Strikes Out Injunction Against RBI Crypto Ban

Osato Avan-Nomayo · May 13, 2018 · 5:00 am The Indian Supreme Court has struck out an interim injunction against the crypto ban of the Reserve Bank of India (RBI). The RBI banned banks and other financial institutions from facilitating cryptocurrency trades in the country. In response, a coalition of petitioners, comprised of four crypto […]

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$3.5 Million in Bitcoin Stolen in Coinsecure Exchange Hack – Security Chief Suspected

Nikita Blows · April 13, 2018 · 7:00 pm Users of Indian cryptocurrency exchange, Coinsecure, who tried to access their bitcoins were met with a nasty surprise when it became evident that the exchange had been hacked. According to the International Business Times, Coinsecure is the latest crypto exchange to experience a security breach. Most […]

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