đź””Tax Alert: #CoinDCX’s CEO, Sumit Gupta, pushes for a drastic reduction in India’s 1% #TDS on crypto transactions. Is relief in sight, or is it a waiting game for Indian crypto traders? Dive into our report for the latest! 🇮🇳📉 #CryptoTaxIndia
One of India’s top crypto exchanges CoinDCX’s Twitter account was hacked and used to promote XRP scams. The hackers also retweet Ripple Labs CEO to look legit. CoinDCX’s team immediately warned its users about the attack and currently working on retrieving the account. The Indian crypto exchange CoinDCX’s official Twitter account was compromised. The hackers attempted to exploit the crypto exchange’s followers by posting a phishing link along with fake Ripple (XRP) giveaways. In the image shared by the tweet of user PeckShieldAlert, the hackers promised 100 million worth of XRP giveaways to support their “community.” To make them look
Crypto exchange CoinDCX is now India’s first crypto unicorn, valued at $1.1 billion. Coinbase Ventures, Block.one, and Polychain Capital joined the funding round. CoinDXC will use the funds to expand and enhance its communication channels. Indian cryptocurrency exchange CoinDCX has now become the first crypto-based unicorn in the country. Specifically, the exchange is now valued at least $1.1 billion. The recent milestone is due to a successful series-C funding round led by B Capital Group, an investment firm co-founded by Eduardo Saverin, who also happens to be the Co-Founder of Facebook. Other notable entities also joined the funding round, including
