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Cryptocurrency in India: A Comprehensive Guide 2025
Shiba Inu Leads Trading in India, But Dogecoin Still Dominates Holdings – Will SHIB Flip DOGE?
Botad Bulls: How Crypto Won Over a Small Indian City
Small Towns in India are Doing Crypto and Doing it Right
Binance, WazirX among crypto firms evading taxes in India, says gov’t
WazirX Hack: Coinbase, Polygon Join India’s BWA Internal Groups For Probe
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Jan / 13
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- Cryptocurrency in India: A Comprehensive Guide 2025
- Jan 13, 2025 at 07:39 pm suncrypto.in
- In India, cryptocurrency remains unregulated, with its use as legal tender prohibited. Yet, trading and investing are legal as per the Supreme Court's 2020 ruling, subject to taxation and regulatory developments. Leading exchange platforms like offer a user-friendly interface, a diverse selection of cryptocurrencies, secure transactions, competitive fees, and educational resources, facilitating the participation of Indian investors and traders in the growing digital asset market.
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Dec / 28
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- Shiba Inu Leads Trading in India, But Dogecoin Still Dominates Holdings – Will SHIB Flip DOGE?
- Dec 28, 2024 at 12:44 pm Crypto News Flash
- Shiba Inu has surged in popularity on CoinSwitch, becoming the most traded token, surpassing established cryptocurrencies like Bitcoin and Dogecoin. Driven by young investors and community support, meme coins have gained traction, with 14% of CoinSwitch users expressing interest. Despite market volatility, Shiba Inu has maintained its strong performance due to high burn rates and ecosystem growth. The expansion of its layer-2 blockchain solution, Shibarium, has increased transactions and fueled interest in the token.
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Dec / 23
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- Botad Bulls: How Crypto Won Over a Small Indian City
- Dec 23, 2024 at 07:38 pm The Crypto Times
- Botad: India's Unforeseen Cryptocurrency Hub Nestled in the western frontier of India, the unassuming city of Botad lies adjacent to Gujarat's Ahmedab...
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Dec / 19
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- Small Towns in India are Doing Crypto and Doing it Right
- Dec 19, 2024 at 06:49 pm The Crypto Times
- Despite taxing policies, small towns and cities in India are actively embracing cryptocurrency trading and investments. Crypto enthusiasts, particularly those under 35, are flocking to Tier 2 and Tier 3 cities like Botad, Barbaka, Jalandhar, Patna, and Guwahati, investing heavily in Bitcoin and memecoins like Dogecoin and SHIB. Despite a lack of formal regulatory framework, India's crypto landscape is evolving, with the government proposing legislation, introducing taxes, and extending the Prevention of Money Laundering Act to cover cryptocurrencies.
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Dec / 04
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- Binance, WazirX among crypto firms evading taxes in India, says gov’t
- Dec 04, 2024 at 09:44 pm Cointelegraph
- Indian authorities have uncovered significant unpaid GST taxes from major cryptocurrency exchanges, including Binance and WazirX, totaling approximately $97 million. The government has launched investigations into several crypto companies, recovering over $14 million in taxes, penalties, and interest. Binance has not yet settled with authorities regarding its massive unpaid GST tax penalty, while 17 crypto companies, including WazirX, CoinDCX, and CoinSwitch Kuber, have been identified as involved in GST evasion.
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Jul / 31
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- WazirX Hack: Coinbase, Polygon Join India’s BWA Internal Groups For Probe
- Jul 31, 2024 at 06:00 pm CoinGape
- In response to the recent WazirX hack, the Bharat Web3 Association (BWA) has established specialized internal groups focused on enhancing cybersecurity and protecting consumer interests in the cryptocurrency industry. These groups, comprised of representatives from leading BWA members such as WazirX, Coinbase, and Polygon, will work to review current consumer code guidelines, address emerging cybersecurity challenges, and assist in the investigation of the WazirX hack.
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Jul / 24
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- $235M WazirX Exchange Hack Has Implications For India’s Crypto Industry
- Jul 23, 2024 at 10:09 pm ItsBitcoinWorld
- The recent hack on WazirX, India's leading cryptocurrency exchange, has raised concerns about exchange security and the future of crypto in India. The attack, which saw the theft of $235 million, highlights the urgent need for enhanced security measures and regulatory clarity. The incident has sparked discussions about potential North Korean involvement, while industry experts emphasize the importance of robust security infrastructure and the need for a more conducive regulatory environment for the growth of India's crypto sector.
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Jul / 22
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- WazirX Hack: Indian Exchange Announces $11M Bounty
- Jul 21, 2024 at 10:30 pm CoinGape
- Indian cryptocurrency exchange WazirX has launched an $11 million bounty program following a major hack that resulted in the loss of $230 million. The two-tiered program offers rewards for tracking and freezing stolen assets ($10,000) and recovering funds through a "White Hat" initiative (5% of the recovered amount). WazirX hopes to enlist the public's assistance in identifying and recovering the stolen crypto assets, while industry experts caution against phishing emails and advise users to remain vigilant and protect their digital assets.
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Jul / 18
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- Indian Crypto Exchange WazirX Potentially Hacked for $235 Million
- Jul 18, 2024 at 04:05 pm The Crypto Times
- Indian cryptocurrency exchange WazirX has reportedly faced a security breach, leading to the loss of approximately $234.9 million worth of funds from its Safe Multisig wallet. Cybersecurity firm Cyvers Alerts alleges that the stolen funds were swiftly converted into Ethereum ($ETH) and other digital assets, suggesting an attempt to launder the stolen funds. WazirX has acknowledged the breach and is investigating the incident, suspending INR and crypto withdrawals to protect user funds.
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- Breaking: Indian Crypto Exchange Wazirx Hacked for $235M – Are Your Funds Safu?
- Jul 18, 2024 at 04:49 pm Coinpedia Fintech News
- Breaking News: Indian crypto exchange WazirX has suffered a major hack, losing $235 million in a cyberattack. Cybersecurity firm Cyvers Alert detected the incident, with stolen funds laundered through Tornado Cash and converted into Ether (ETH). The primary hacker still holds over $104 million, while WazirX has confirmed the breach and suspended all withdrawals. Crypto users are urged to enhance security measures to protect their assets, including storing coins in hardware wallets, enabling 2FA, monitoring accounts, and diversifying storage.
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