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Tag: Crypto News

  • CoinDCX named Anjali Kakkar as Vice President of Corporate Communications

    CoinDCX named Anjali Kakkar as Vice President of Corporate Communications

    CoinDCX, India’s first crypto unicorn and safest crypto exchange, has appointed Anjali Kakkar as Vice President of Corporate Communications, increasing the company’s public outreach and advocacy activities as it continues to grow in India. Anjali was previously the Vice President of Communications at HSBC’s Global Finance Centre, and in her new role, she will be in charge of CoinDCX’s strategic initiatives to raise awareness and educate people about cryptocurrency and blockchain in India and beyond.

    Anjali will head both the internal and external communications charters for CoinDCX as Corporate Communications Vice President, enhancing the company’s communications and public relations in the crypto, blockchain, tech, and innovation sectors. Prior to joining CoinDCX, Anjali had a successful career in corporate communications in a variety of industries, including financial services, food and agriculture, telecommunications, and digital marketing.

    She brings a diverse set of skills to the table, including media and analyst relations, employee and leadership communications, brand management, and thought leadership.

    Speaking on her appointment, Anjali said, “I am delighted to join a young organization and be a part of their growth journey as they chart their way to becoming an industry powerhouse. I am thrilled to step into the dynamic digital asset space and bring my learnings and my experience across various industries to further CoinDCX’s communications for internal and external stakeholders.”

    A pioneer in India’s crypto industry, CoinDCX has tracked unparalleled growth since it was launched in 2018. With aims to establish global financial inclusion using crypto-based products, CoinDCX has been developing borderless financial services that ensure a faster, simpler, and uninterrupted flow of capital. CoinDCX has contributed to offering clients the security, insurance, and ease of buying and selling that they require so that buying bitcoin or other top cryptocurrencies is now a simple and painless procedure. With its Series C funding round led by former Facebook co-founder Eduardo Saverin’s B Capital, CoinDCX reached unicorn status becoming India’s first crypto unicorn start-up.

    Welcoming Anjali, Ramalingam Subramanian, Head of Brand, Marketing and Communications of CoinDCX said, “Communications is a critical function for CoinDCX—especially with our endeavor to educate the masses about cryptocurrency and its position as a growing asset class in India. Anjali will be essential to furthering CoinDCX’s position in the country, building trust with our customers and investors, and reinforcing our commitment to imbue openness and transparency in our marketing and communications efforts.”

    This announcement follows the recent appointment of Mridul Gupta as Chief Operating Officer, who will be focused on accelerating the strategic growth of CoinDCX, while augmenting its product portfolio, marketing, partnerships, and operations. As CoinDCX expands and strengthens its team, the company has strengthened the ranks of its marketing, legal, compliance and policy teams, establishing a strong foundation for further growth and development.

  • Bitcoin Association appoints two new global ambassadors for India to advance Bitcoin SV (BSV)

    Bitcoin Association appoints two new global ambassadors for India to advance Bitcoin SV (BSV)

    Bitcoin Association, the Switzerland-based global industry organisation that works to advance business with the Bitcoin SV (BSV) blockchain, today announces that it has appointed two new Bitcoin Association Ambassadors as part of its global ambassador programme, with Kumaraguru Ramanujam and Rohan Sharan both appointed as Bitcoin Association Ambassadors for India.

    Bitcoin Association Ambassadors are experienced professionals from the Bitcoin SV ecosystem who work to raise awareness and improve understanding of the Bitcoin SV blockchain and BSV digital currency, as well as the power of the original Bitcoin protocol as a massively scaled distributed data network all around the world. With today’s additions, there are now 27 Bitcoin Association Ambassadors representing 26 different countries and territories.

    Kumaraguru Ramanujam is the Founder and Managing Director of a pair of Bitcoin SV product and applications development houses: BlockReview Pte LTD in Singapore and ChainScript Labs Pvt Ltd in India. A seasoned entrepreneur and experienced professional, Ramanujam was previously the Founding Director of Peer Review, a UAE-based business that worked with government entities and organisations in the gulf on disruptive technologies like big data and deep learning.

    Rohan Sharan is the Founder of TimeChain Labs, a transaction-centric on-chain application development firm developing and delivering solutions for the Bitcoin SV blockchain. He has a demonstrated history of professional success as a systems architect and product manager in the technology space, including developing a blockchain-based certification system for universities and automated document drafting software for the legal industry. In addition to his professional work, Sharan has been a strong advocate for BSV blockchain technology in India, delivering workshops and seminars to students.

    Speaking on today’s announcement, Bitcoin Association Founding President Jimmy Nguyen, commented: “Bitcoin SV continues to grow all over the world, providing vital blockchain infrastructure to governments, enterprises and end-users. As the BSV growth story builds, so too does the need for us to build out our team of Bitcoin Association Ambassadors to support the emerging communities. Both Rohan and Kumaraguru have shown a true passion for Bitcoin and have been generous with their time to grow awareness and understanding in their native India. They have been excellent advocates for the technology and representatives in the broader community – experience that will serve them well in their new roles as Bitcoin Association Ambassadors.”

    Speaking on his appointment as Bitcoin Association Ambassador for India, Kumaraguru Ramanujam, said: “Bitcoin SV has the potential to truly empower millions of people in India. Cheap and instant microtransactions from anywhere in the world can revolutionise the way that people work while creating all-new incentive models that empower Indian talent. In this new role, I will work to build awareness of the opportunities enabled by the BSV block and help to empower developers, entrepreneurs and young talent to utilise the technology.”

    Speaking on his appointment as Bitcoin Association Ambassador for India, Rohan Sharan, said: “The scalable public blockchain infrastructure delivered by Bitcoin SV is the fabric of a new internet of value based on micro-interactions and data. It brings built-in accountability and a new level of connectivity – two factors which will be vital for the developments and success of India. I am passionate about realising the Satoshi Vision for Bitcoin and now as a Bitcoin Association Ambassador, will be able to build on my current efforts and act as a first touchpoint for individuals and businesses interested in building with BSV.”

     

     

  • KaraStar Closed Multiple Million Fundraising from Major Exchange KuCoin

    KaraStar Closed Multiple Million Fundraising from Major Exchange KuCoin

    Karastar, a metaverse game publishing company headquartered in Singapore, today announced a strategic investment by KuCoin.

    Started in 2017, KuCoin is now a global cryptocurrency exchange with over 8 million users around the world. According to CoinMarketCap, KuCoin is the 6th largest crypto exchange with over 60 billion daily transaction volume. Also, Forbes named KuCoin as one of the Best Crypto Exchanges for 2021.

    The partnership with KuCoin will protect the long-term interests of Karastar game players and ensure the safety of the crypto-asset in Karastar games. With a large number of loyal players, and a rapid rise in popularity on social media, Karastar has raised US$10 million in Series A funding from IDG Capital earlier .

    “In KaraStar, players can seek for their own profits while playing the game, which will in turn encourage them to achieve their goals, and their contributions will finally pay off,” Said Beerspunk Beers, CMO of Karastar.

    The company released its metaverse game of the same name on Nov.5, 2021 and it has become one of the top PlayToEarn games based on BSC chain. The game, built with a harmonious and sustainable economic system, has reached 1.4 million registered users during beta testing period from Nov. 5th, 2021 to Nov. 24th, 2021.

    So far, KaraStar has already acquired about 300,000 monthly active users, with the highest number of daily active users hitting 500,000. It will shortly be available on the BSC. KaraStar has become one of the most popular metaverse games in the world, with its players coming from Southeast Asia, North Americ

  • Binance Asia Services Takes Strategic Stake in Singapore-Based HG Exchange

    Binance Asia Services Takes Strategic Stake in Singapore-Based HG Exchange

    Binance Asia Services, the blockchain ecosystem and cryptocurrency provider behind Binance.sg, today announced its post-money stake of 18% in Hg Exchange (HGX), subject to regulatory requirements.

    HGX is Southeast Asia’s first member-driven private securities exchange, founded by leading financial institutions PhillipCapital, PrimePartners, and Fundnel, and powered by Zilliqa’s high-performance blockchain. Earlier this year, HGX was granted a Recognised Market Operator license by the Monetary Authority of Singapore. In addition to shares in private companies, HGX is working to list alternative assets including wines, art and real estate.

    “Crypto and traditional financial offerings continue to converge. Through this investment, we seek to work with HGX in enhancing offerings of products and services supported by blockchain technology,” said Richard Teng, CEO of Binance Singapore. “We aim to work collaboratively with HGX to enhance the blockchain ecosystem in Singapore.”

    Binance Asia Services continues to drive collaboration with local partners, government agencies and talent, to support the sustainable growth of the blockchain ecosystem globally.

    Mr Teng added: “In Singapore, we continue to work closely with key government agencies to support the growth of the blockchain ecosystem and development of requisite local talent needed.“

  • Bit.Store and TRON, Marching Towards Internationalization

    Bit.Store and TRON, Marching Towards Internationalization

    The decentralized operating system TRON is working with the global digital asset investment platform Bit.Store to develop a deeper cooperation.

    In September of this year, TRON successfully and successively landed on major national exchanges across Japan, Germany, and several other countries over the course of ten days. The platform established and officially launched Valkyrie TRON Trust Fund with Valkyrie Investments, a firm strategically headquartered in the United States. VTRX is listed across several major European stock exchanges.

    Meanwhile, the global digital asset investment platform Bit.Store is accruing an increasing demand for internationalization.

    So Bit.Store has elected to cooperate closely with TRON.

    Via this cooperation, TRON will access the payment ecosystem of Bit.Store, while Bit.Store will incorporate TRX (TRON token) into the platform system to help TRX open up the exchange channel between fiat currency and TRX.

    As one of the world’s largest decentralized operating systems, the addition of TRON will bring more new users to Bit.Store. Bit.Store, which has accumulated hundreds of thousands of users and is popular in the Southeast Asian market, will also bring more application scenarios for TRX.

    From a payment perspective, Bit.Store currently has legal currency payment channels in more than 20 countries and regions around the world. User groups of these payment channel providers are also potential Bit.Store users.

  • Crypto Gabbar Launched India’s First Cryptocurrency Marketplace

    Crypto Gabbar Launched India’s First Cryptocurrency Marketplace

    “Crypto Gabbar”. The platform is probably the first multi-functional crypto company which tends to solve all your queries related to the crypto world.It includes multiple features for all the crypto lovers so that they stay updated with every single news. Such as –

    India’s 1st Crypto market portal is introduced to showcase Cryptocurrencies live & historical rates, graphs, information, volumes, market capitalization & so on.
    It shares the details of cryptocurrency centralized and decentralized exchanges to its viewers. .
    This platform allows Interactive options for creating a watchlist for live tracking & analysis of cryptocurrencies.

    It enables interactive options for maintaining transactions & details of a cryptocurrency portfolio. On this platform a user is able to get a comparison of cryptocurrencies at multiple In this platform a user is able to get updated with the latest news, information and multiple blogs which are written for cryptocurrencies.

    The platform has a forum for providing an interactive & learning platform for all the users. The platform gives all the information for new cryptocurrencies to be launched with maximum available details for participation. Mock trading to research , learn & analyze without actually investing in cryptocurrency. This platform is made for all the users across the globe as this website can be accessed in 7+ different languages across 126 + countries.All the users can directly get the latest news of the crypto world.

    Cryptogabber consists of a complete solution for the crypto investors who want to get into it. It has all the trending features such as Crypto Assets, Category, Exchanges, ICO’s Airdrops, News,Crypto events, watchlist, portfolio, forum and tools.

    Crypto Gabbar is probably India’s first such all-in-one cryptocurrency marketplace. Where people can do whatever they want in this market. Crypto Gabbar not only provides all the details but also provides opportunities to make regular passive income.

    Crypto gabbar shows the most accurate live prices, charts, and market rates from trusted top crypto exchanges across the globe. Crypto Gabbar has 8604 cryptocurrencies, trusted historical data, details of active upcoming and finished ICOs. The website provides a list of cryptocurrency and blockchain related events, a valid and authentic list of cryptocurrency wallets and Bitcoin mining pools. We also provide rich advertisement campaigns to advertise your business on this website.

    With a new India based platform, people from India and neighboring countries will participate better in this world. They can seize all the existing and upcoming opportunities. However, not all existing platforms are as up-to-date as Crypto Gabbar is planning to become.

  • Next Shiba Inu of 2022 Distributes More than 27 Million in BUSD Rewards

    Next Shiba Inu of 2022 Distributes More than 27 Million in BUSD Rewards

    EverGrow Coin has already surpassed many well-established cryptocurrencies and has achieved a $1 billion market cap and 105K+ Token holders. Aiming to be the next Shiba Inu, EverGrow Coin has already distributed $27 million BUSD in rewards to its holder. The revolutionary smart contracts of EverGrow Coin distribute 8% of every Buy/Sell transaction among its token holders in Binance Pegged stable Coin.

    EverGrow Coin recently surprised the cryptoverse by dropping on three major exchanges. Taking only six weeks to launch on their first major exchange, Bitmart, EverGrow Coin Plans to list all major centralised exchanges. This week EverGrow Coin went live on Bibox, LBank & ZT Global Exchanges moving one step closer to mainstream adoption.

    Unlike other meme coins, from the beginning, the team behind EverGrow Coin plans to build a Huge Ecosystem around the project consisting of an NFT Lending Platform, NFT Marketplace, Play-to-Earn, Content Subscription Platform & Staking pools. After launching its Swap exchange, by the next week, EverGrow Coin will also be launching its content subscription platform Crator.com. Crater will allow Creators to sell Premium content to their Fans like Patreon and Onlyfans. EverGrow coin team strictly follows the planned roadmap and will soon be launching their NFT Marketplace and Play to Earn game with the launch of NFT Mystery Boxes. All the revenue generated from Evergrow’s ecosystem will be used to buy EverGrow from exchanges and remove them permanently from the circulating supply.

    Apart from manual burns, 2% from every transaction is transferred to EverGrow contract for Auto Buybacks. When Autobuyback is enabled, the funds stored in the contract will be used to burn Evergrow tokens. After the initial burn of 50% of supply on launch, the contract has already burned more than 2% through Auto buybacks. EverGrow Coin is eventually going to be scarcer in the future.

    EverGrow Coin is also developing the first decentralized NFT lending platform. Built on the Binance Smart chain, The platform will allow NFT owners to readily borrow against their NFTs as collateral at fair interest rates without selling them. Leveraging BSC cheaper and faster transaction speed, EverGrow will also be adding BSC-based NFT Marketplace to its ecosystem. The platform will provide creators, celebrities, and influencers with the opportunity to mint, sell, showcase, and even drop mystery boxes of their collections. There are almost no examples in the cryptoverse of this level of critical thinking. EverGrow Coin is genuinely raising the bar in DeFi and set on the path of becoming a top 20 global crypto or Next Shiba Inu.

  • Bitcoin Association Become an Associate Member of the Japan Cryptoasset Business Association (JCBA)

    Bitcoin Association Become an Associate Member of the Japan Cryptoasset Business Association (JCBA)

    Bitcoin Association, the Switzerland-based global industry organisation that works to advance business with the Bitcoin SV (BSV) blockchain and digital currency, today announces that it has been admitted to join the Japan Cryptoasset Business Association (JCBA) as an associate member as part of its ongoing efforts to support the growth of enterprise blockchain technologies in Japan and across Asia.

    The JCBA serves as a platform for businesses working with digital assets to network, interface and collaborate on issues important to the growth of the digital asset and blockchain sectors in Japan. Its 112 members include leading banks, exchanges, technology providers, development firms, professional service providers and industry associations with significant interests in the Japanese blockchain space. Since being founded in 2016, the JCBA has played an increasingly prominent role in the growth of the emerging blockchain industry in Japan, including contributing to the development of positive public policy through work with the Financial Services Agency and Consumer Affairs Agency, in addition to increasing awareness of blockchain technologies and improving access to education in the space.

    Sharing several of the same goals for the development of a regulation and innovation-friendly blockchain ecosystem, Bitcoin Association joins the JCBA as an associate member to support the growth of enterprise and national scale applications of blockchain technology using the BSV blockchain. Bitcoin Association maintains a pair of ambassadors in Japan as part of its Global Ambassador Programme, Masumi Hamahira – Executive Advisor for the Islamic Banking Window at MUFG Bank and Ken Shishido of Tokyo Bitcoin Ventures –  both of whom work to support and nurture the growing community of BSV businesses, developers and enthusiasts in Japan. To learn more about the BSV blockchain and the array of businesses using its network, visit bsvblockchain.org.

    Commenting on today’s announcement, Bitcoin Association Founding President, Jimmy Nguyen, said: ‘Bitcoin Association is delighted to be accepted as associate member of the Japan Cryptoasset Business Association, a leading and influential organisation in Japan’s blockchain industry. By working with the JCBA, we look forward to improving awareness in Japan around the capabilities of enterprise blockchain technology and digital assets with real utility and demonstrating how the BSV blockchain is today making these possibilities a reality for businesses all around the globe. I would like to thank the JCBA for welcoming Bitcoin Association and commend the efforts of Masumi Hamahira, one of our Bitcoin Association Ambassadors, for bringing our two associations together.‘

    Also speaking, Bitcoin Association Ambassador for Japan, Masumi Hamahira, said: ‘It is a great honour for Bitcoin Association to be approved by the board of the Japan Cryptoasset Business Association to join as an associate member. The JCBA is recognised for its positive and proactive work with regulators in Japan, including the Financial Services Agency and Consumer Affairs Agency – both important relationships in the first country to regulate the cryptoasset industry. I see great potential for the BSV blockchain in Japan and am excited to work together with the JCBA and Bitcoin Association to pursue our shared goals for an innovative and  regulation-friendly blockchain ecosystem.‘

    Also commenting, Managing Director of the Japan Cryptoasset Business Association, Seiji Yuki, said: ‘At the JCBA, we work collectively with our members for the healthy development and expansion of the cryptoasset sector and related businesses. I expect that the activities of Bitcoin Association for BSV, working together as part of our own association, will contribute to the development of the cryptoasset industry and I look forward to working alongside them.’

  • OctaFX Examines the Battle for Monetary Supremacy: Blockchain vs Legacy Finance

    OctaFX Examines the Battle for Monetary Supremacy: Blockchain vs Legacy Finance

    There aren’t many people who haven’t heard of the bitcoin bull market. This remarkable race was made more interesting by a few but significant corrections. Blockchain technology isn’t going away anytime soon. The future of finance will be determined by how legacy institutions and governments respond. OctaFX, a global broker, published an expert piece examining if peaceful coexistence is a viable choice.

    The U.S. and bitcoin: teasing as a sign of affection

    Corporate America is slowly but surely approving bitcoin as a credible long-term investment and even payment method. Elon Musk’s electric vehicle manufacturer Tesla temporarily granted selling its cars for bitcoin. Elon Musk is known for his advocacy for new technologies and his interest in blockchain. Popular online payment service PayPal started offering cryptocurrencies to get into this emerging market. Social media platform Twitter recently launched tipping in bitcoin for followers to support their influencers financially. It is worth keeping in mind that even Goldman Sachs, which until very recently underestimated bitcoin publicly and showed expert distaste for the opinion that cryptocurrency would be a powerful investment, changed its position.

    The influential multinational investment bank, having close ties to the most powerful governments in the world, announced in March 2021 a ‘full-spectrum’ cryptocurrency investment offer, including bitcoin, for its private clients.

    Although, the narrative from U.S. governmental institutions suggests a different approach.

    U.S. Treasury Secretary Janet Yellen said she is eager to crush the influence of cryptocurrencies by pushing International Monetary Fund (IMF) capacities further. Many financial experts consider the IMF to be the future issuer of a new worldwide digital currency-centralised, of course.

    Who are the new kids on the blockchain?

    Decentralised finance (DeFi) and so-called ‘smart contract’ platforms on blockchain networks have many runner-ups: Ethereum is the most used network and the first of its kind. But lack of scalability and high transaction fees give Ethereum’s competitors a chance to succeed. Polkadot, Cardano, Cosmos, Harmony and others have significant potential to solve these systemic weaknesses.

    The DeFi marketing slogan for the crypto sphere is about ‘helping the masses of unbanked people’, for instance, in Africa, Asia, and South America. It gathers significant trust in these populations over classical banking institutions.

    On 14 April 2021, Coinbase, the most prevalent cryptocurrency exchange, was directly listed on the Nasdaq exchange. This move indicates even more mixing of crypto and traditional finances and implies a rising future influx of retail investors into crypto assets.

    A win-win for Forex

    Regardless of the transition’s nature into this advanced future financial order, Forex brokers need to adapt to this new vibrant parallel development-staying competitive and relevant in the long term. The ability to offer the most popular and influential cryptocurrencies means that a broker keeps significant doors open for new demographics. But this is also crucial to stay with legacy currencies. Their centralised successors, which the IMF, FED and others already plan to launch as digital counterparts to their crypto challengers, should not be disregarded.

    The worldwide financial system is ripe for significant paradigm shifts, which will ignite even greater competition between centralised and decentralised systems and their services. But Forex brokers, like OctaFX, are already taking on the exciting task of offering the best of both worlds, building long-term trading relationships with their growing client base-with the best of conditions.

  • Kamal Haasan becomes first Indian actor to enter a Metaverse, to be launched by Fantico

    Kamal Haasan becomes first Indian actor to enter a Metaverse, to be launched by Fantico

    Kamal Haasan, through Lotus Media Entertainment has partnered with Fantico, India’s premium licensed digital collectibles platform, to exclusively launch his digital avatars, NFTs and will also debut in the Metaverse. Fantico will be launching a game based Metaverse wherein the prominent actor will have his own world. The NFTs are slated to be launched on https://kamal.fantico.io/

    This will give an opportunity for all his fans globally to interact with him by exploring his world, interacting with his digital avatars, buying memorabilia and souvenirs – both physical and digital, meet and greet sessions and many other ways.

    While the details of the Metaverse and his virtual world have been kept under wraps for now, the platform revealed that they will first launch a list of NFTs which will bring his fans closer to the icon. Kamal Haasan has always experimented with various genres of films, with his look in those films and the use of technology. It is only natural that he makes his presence felt in the virtual world which is expected to be the future of entertainment.

    Shri Kamal Haasan said, “I am excited to explore the emerging intersection of digital and physical world which is now becoming popularly known as metaverse.. my life’s journey of over six decades have blurred the distinction between my personal and professional life will be my offering for this metaverse.”

    Abhayanand Singh, Founder, Fantico, mentioned “We are very excited to announce that we will be launching a game-based Metaverse which will be first of its kind in India. To have a legend such as Kamal Haasan on our platform will only set the trend for more creators to adapt to the future of fan engagement.”