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India's Largest Crypto Exchange CoinDCX Raises $2.5 Million in New Growth Capital to Increase User Base

India's Largest Crypto Exchange CoinDCX Raises $2.5 Million in New Growth Capital to Increase User Base

CoinDCX, India’s largest crypto exchange, has announced that it has raised $2.5 million from investors like Polychain Capital and Coinbase Ventures. Polychain Capital led the funding round with support from Coinbase Ventures, the investment arm of the US cryptocurrency exchange Coinbase. CoinDCX had raised a $3 million Series A round earlier in March, which was also led by Polychain Capital and included HDT Group (operator of BitMEX) and Bain Capital Ventures. The company’s other main investor, Coinbase Ventures, has also made investments in other crypto businesses like BlockFi, Messari, Compound, Securitize, and Etherscan.

Stakeholders in the Crypto Ecosystem Want US Regulator to Increase Bank's Crypto Capabilities

Stakeholders in the Crypto Ecosystem Want US Regulator to Increase Bank's Crypto Capabilities

Stakeholders including the Silvergate Bank have responded to the OCC call recommending the regulator to improve US bank’s crypto capabilities.

Bitcoin Scarcity and PayPal Crypto Inclusion Send BTC Prices Higher, Says Pantera Capital

Bitcoin Scarcity and PayPal Crypto Inclusion Send BTC Prices Higher, Says Pantera Capital

The shortage of Bitcoin supply is the cause of the recent price surge, and PayPal’s entry into the crypto space is having a huge impact on the BTC price.

Microsoft Loses TikTok to Tech Giant Oracle – What This Means for Bitcoin and Blockchain Industry

Microsoft Loses TikTok to Tech Giant Oracle – What This Means for Bitcoin and Blockchain Industry

TikTok, the multibillion-dollar video sharing platform popularized by millennials and Gen Z, has chosen Oracle Corporation as its tech partner over Microsoft.

Mitsubishi to Digitize Metal Resource Trade on Blockchain Platform

Mitsubishi to Digitize Metal Resource Trade on Blockchain Platform

Mitsubishi Corporation has launched a blockchain platform to streamline and digitize metal trading via its metals and minerals subsidiary.

Hawaii Pushes Out New Digital Currency Regulatory Sandbox to Boost Crypto Growth

Hawaii Pushes Out New Digital Currency Regulatory Sandbox to Boost Crypto Growth

The government of Hawaii has recently announced its establishment of a regulatory sandbox for digital currency companies. The partnership between the Department of Commerce and Consumer Affairs, Division of Financial Institutions (DFI) and Hawaii Technology Development Corporation (HTDC) will see the launch of Hawaii’s first pilot program aimed for digital currencies.

MDEC Mandates Malaysian Big Data and Blockchain Competency Centre Initiative

MDEC Mandates Malaysian Big Data and Blockchain Competency Centre Initiative

The Malaysia Digital Economy Corporation (MDEC) has given Multimedia University (MMU) the mandate of establishing the first national industry competency center on big data and blockchain.

Thailand SEC Revises its Net Capital Rules In Favor of Crypto Backed Firms

Thailand SEC Revises its Net Capital Rules In Favor of Crypto Backed Firms

Thailand’s Securities and Exchange Commission has made an upward review of its net capital requirement for the securities firm in the country with crypto ties.

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