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How Many Cryptocurrencies Have Failed? More than half of all cryptocurrencies have met their demise. Out of the 24,000 cryptocurrencies listed on CoinGecko since 2014, 14,039 have ceased to exist. The majority of these failed cryptocurrencies originated from projects launched during the 2020-2021 bull run. Specifically, 7,530 cryptocurrencies from that period have failed, accounting for […]

Bitcoin ETFs: How can Indians invest in Bitcoin ETFs in the US? BitBNS’ Gaurav Dahake answers “The overall trade volume of all the ETFs that have been launched in the US in 2023, has been just say half a billion dollars a month versus Bitcoin ETFs that have traded up to $10 billion in a […]

Jharkhand, an Indian state, has recently become the first in the nation to use blockchain technology for distributing seeds to farmers. This groundbreaking initiative is a collaboration between the Directorate of Agriculture of Jharkhand and SettleMint, a global blockchain technology company. Since its inception in India two years ago, SettleMint has been actively promoting the […]

Venezuela has officially terminated its Petro cryptocurrency after a tumultuous five-year period. Launched in 2018 by President Nicolas Maduro, the Petro was intended to bolster Venezuela’s national currency, the bolívar, amidst a severe economic crisis. The cryptocurrency was backed by the country’s substantial oil reserves. From the outset, the Petro faced skepticism and legal challenges. […]

Elevating Hong Kong to a Crypto Powerhouse HashKey Group, operating one of the two licensed cryptocurrency exchanges in Hong Kong, has recently made headlines with a significant funding achievement. Successfully raising nearly $100 million, they have remarkably increased their company’s valuation to over $1.2 billion. Today’s announcement highlights the crucial role of both new and […]

Tether, a major cryptocurrency platform known for its stablecoin, has been identified as a leading medium for money laundering and fraudulent activities in South-East Asia, according to a recent UN report. This stablecoin, also referred to as tether, is at the center of an increasing number of financial scams, including sophisticated “pig butchering” schemes that […]

Gulf Binance, a collaborative effort between the global cryptocurrency exchange Binance and Thailand’s Gulf Innova, has officially inaugurated its exchange services within Thailand. On January 16, Binance TH declared that its exchange is now accessible to all eligible users, featuring a dedicated order book for trading pairs involving the Thai baht. Furthermore, the platform seamlessly […]

In a bold move to expand its presence in the crypto-ready smartphone market, Solana Mobile is set to unveil its second smartphone model, according to insider sources. This new device comes as a follow-up to the company’s initial offering, the Saga smartphone, and aims to deliver enhanced features at a more accessible price point. Solana […]

In a bold move amidst regulatory challenges, Binance, a leading global cryptocurrency exchange, has announced the launch of two new URLs – binance.me and binance.info – specifically tailored for its Indian customer base. This initiative follows the Indian government’s recent measures to block foreign cryptocurrency exchanges, including Binance, due to non-compliance with anti-money laundering regulations. These […]

In 2023, crypto companies received 11 fines, a significant increase from an average of less than two per year in the prior five years. Crypto firms found themselves in the spotlight of regulatory scrutiny, collectively shouldering a hefty burden of nearly $6 billion in fines, primarily stemming from Anti-Money Laundering (AML) violations and shortcomings in […]

Category: Other

Dead Coins: Over 50% of Cryptocurrencies Have Failed

How can Indians invest in Bitcoin ETFs? Gaurav Dahake Answers.

Jharkhand Leads India in Agricultural Innovation with First Blockchain-Based Seed Distribution System

The Rise and Fall of Venezuela’s Petro Cryptocurrency

HashKey Group, Hong Kong’s Licensed Crypto Exchange, Secures $100M Funding Boosting Valuation to $1.2 Billion

UN Report Highlights Surge in Money Laundering via Tether Crypto Token in South-East Asia

Binance and Gulf Energy collaborate to introduce cryptocurrency exchange services in Thailand

Solana Mobile Gears Up to Launch Its Second Cryptocurrency Smartphone

Binance Launches New Domains for Indian Customers Amid Regulatory Challenges

Crypto Companies Fined Almost $6 Billion in 2023 for Breaking Anti-Money Laundering Rules

Russia Proposes 15% Tax on Crypto and Mining Restrictions

WazirX Plans to Launch New Decentralized Exchange

Binance, Indian Police Bust Energy Scam, Recover $100K USDT

Indian Govt. Officials Probe Crypto Exchange WazirX's $234M Hack

Dubai's VARA Updates Marketing Regulations and Guidelines for VASPs

Germany Shuts Down 47 Crypto Exchanges for Illegal Activities

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