Market Release

RBI warns against 'dollarization' of the economy caused by cryptocurrencies
Reserve Bank of India (RBI) officials have warned that the majority of cryptocurrencies are denominated in dollars, which could lead to the dollarization of the Indian economy...
May 24, 2022


RBI to launch first digital rupee pilot phase nine bank took part
RBI to launch first digital rupee pilot phase in which nine banks took part. The project is planned to be launched within a month in select locations...
Nov 03, 2022


RBI Launches Digital Rupee Pilot Across 13 Cities
RBI, India's central bank, has announced the launch of the first digital rupee retail pilot, which will start in four Indian cities and expand to nine more...
Dec 04, 2022


Indian Government Generates Rs. 157.9 Crore from Direct Tax on Crypto Transactions
Indian government's decision to tax crypto transactions generates Rs. 157.9 crore from direct tax deducted at source for FY 2022-23, proving the potential of crypto as a legitimate asset class
Mar 30, 2023


Swaprum DEX On Arbitrum Rug Pulls $3M, SAPR Token Crashes 100%
The theft on the Arbitrum network was discovered on Friday by the on-chain analysis business PeckShield.
May 22, 2023


Hacked Liquidity Protocol Jimbos Offers Deadline to Exploiters Before Onboarding Law Enforcement
Jimbos Protocol, an Arbitrum-based liquidity platform, acknowledged collaborating with numerous security experts and on-chain analyzers following a weekend exploit that cost it about $7.5 million.
Jun 01, 2023
