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Coinswitch is an Indian cryptocurrency exchange and trading platform headquartered in Bangalore, Karnataka. [1] Founded in 2017, the platform enables users to trade Virtual Digital Assets (VDAs) with Indian Rupees. In October 2021, Coinswitch secured $260 million in Series C funding, valuing the company at $1.9 billion. [2] [3] [4]
In this article, we discuss the 10 best cryptocurrency startups to watch. If you want to skip our detailed analysis of these startups, go directly to the 5 Best Cryptocurrency Startups to Watch.
news [citation needed] Crypto.com: 2013 Singapore Singapore: cryptocurrency exchange [citation needed] Cryptopia: 2014 New Zealand: Christchurch: cryptocurrency exchange Liquidated in 2019, ongoing investigation [5] Digital Asset Holdings: 2014 United States: New York City: blockchain financial services [citation needed] Gemini: 2015 United ...
All wallet details - including the amounts collected under each cryptocurrency - are available to view publicly. [5] In August 2021, the fund signed a deal with UNICEF India to procure 160 million syringes. [6] By mid-October 2021, the fund had "disbursed $36.28 million out of the $429.59 million collected till now in 10 different ...
In May, the crypto startup Auradine announced it had raised $81 million, an attention-grabbing sum for a firm’s first fundraise, especially in a crypto bear market and especially for a company ...
After the 2022 crash in the cryptocurrency market, Bloomberg reported that Tribe Capital remained "bullish" on cryptocurrency companies. [9] In October 2022, leaked documents showed Tribe Capital's first fund had seen a "nearly fivefold return on investment." [6] In April 2023, Tribe was said to be considering a $250 million bid to restart FTX.
It is estimated that India could save approximately ₹ 40,000,000,000 (equivalent to ₹ 42 billion or US$490 million in 2023) by reducing the need for physical currency production. [78] The Digital Rupee also aims to lower transaction costs, making both domestic and international money transfers more efficient and accessible.
Garza had founded the cryptocurrency startups GAW Miners and ZenMiner in 2014, acknowledged in a plea agreement that the companies were part of a pyramid scheme, and pleaded guilty to wire fraud in 2015. The SEC separately brought a civil enforcement action in the US against Garza, who was eventually ordered to pay a judgment of $9.1 million ...