CoinDCX, Mesh Partner to Let Users Integrate DeFi Wallets from Within its App

CoinDCX, Mesh Partner to Let Users Integrate DeFi Wallets from Within its App

CoinDCX, the Indian crypto exchange platform, has decided to let its users integrate DeFi wallets from within its platform. The aim is to ease the connectivity between centralised exchanges and DeFi wallets. To do so, the exchange has announced a partnership with a US-based fintech firm Mesh. With this, the…

CoinDCX Seeks Advice to Grow India’s Web3 Sector, Experts Call for Early Test Beds and Education

CoinDCX Seeks Advice to Grow India’s Web3 Sector, Experts Call for Early Test Beds and Education

The crypto scene in India is getting more sophisticated with the government gradually deploying regulations to oversee the industry’s safety. In a bid to get a better understanding of what the Indian crypto community really wishes for, CoinDCX crypto exchange has decided to do something simple and effective — ask…

Solana Foundation, CoinDCX Announce Rs. 25-Crore Grant for India’s Web3 Developers

Solana Foundation, CoinDCX Announce Rs. 25-Crore Grant for India’s Web3 Developers

Ahead of India’s 75th Republic Day, Indian crypto exchange CoinDCX has announced a grant programme for Indian Web3 developers in partnership with the Solana Foundation. The grant, worth Rs. 25 crore, aims to help bootstrapped Indian Web3 developers designing products on the Solana blockchain. In an official announcement shared on…

CoinDCX Hatches a Million Dollar Plan to Reap Advantages of India’s Crackdown on Foreign Exchanges

CoinDCX Hatches a Million Dollar Plan to Reap Advantages of India’s Crackdown on Foreign Exchanges

Indian crypto exchanges are reaping the benefits of the government opening compliance investigations on foreign crypto exchanges like Binance and Kraken. Over the last week, Indian crypto exchanges recorded a massive inflow of deposits, that has now opened a competition amongst Indian exchanges. CoinDCX, that claims to have seen a…

India’s WazirX Sees 90 Percent Dip in Crypto Trading Volume Amid Regulatory Delays

India’s WazirX Sees 90 Percent Dip in Crypto Trading Volume Amid Regulatory Delays

WazirX disclosed the trajectory of its business this year only to give an insight into the slump spell that the crypto market is under as India awaits to complete regulatory deployments to oversee the sector. The Indian crypto trading platform, in 2023, managed to generate around $1 billion (roughly Rs….

CoinDCX’s Okto Self Custody Wallet Expands Internationally: Details

CoinDCX’s Okto Self Custody Wallet Expands Internationally: Details

CoinDCX has announced that it is expanding its self-custody wallet service named Okto outside of India to other international locations. To do so, the Indian crypto exchange has stitched its operations with Transak, which is a developer integration toolkit to let users buy/sell crypto in any app, website or web…

CoinSwitch Cites Drop in User Queries for Trimming Customer Support Team: Details

CoinSwitch Cites Drop in User Queries for Trimming Customer Support Team: Details

The global crypto market, that is currently undergoing a slump, could be losing community members who do not have an appetite for risky investments at the time. This impact of the slowdown has been highlighted by crypto exchange CoinSwitch after it laid off 44 employees earlier this month from its…

CoinDCX Lays Off 71 Employees, Blames India’s Crypto Tax Impact on Business in Bear Market

CoinDCX Lays Off 71 Employees, Blames India’s Crypto Tax Impact on Business in Bear Market

India’s CoinDCX crypto exchange announced the layoff of 12 percent of its workforce on Tuesday. A total of 71 staff members have been impacted by the decision. The crypto exchange, in its official statement, said that India’s TDS (Tax Deducted at Source) deductions on each crypto transaction has slowed down…

CoinDCX Adds AI, Machine Learning Upgrades to Its Self-Custody Wallet Okto; Says Will Boost Security

CoinDCX Adds AI, Machine Learning Upgrades to Its Self-Custody Wallet Okto; Says Will Boost Security

CoinDCX, which claims to cater to 1.3 crore crypto users in India, expanded its services portfolio last year to include a self-custody crypto wallet named Okto. The Indian crypto exchange, after having accessed the recently highlighted security loopholes in the crypto ecosystem, is now deploying safety updates to its Okto…

CoinDCX Taps Sridhar Govardhan to Oversee Cybersecurity Readiness as CISO

CoinDCX Taps Sridhar Govardhan to Oversee Cybersecurity Readiness as CISO

CoinDCX crypto exchange has appointed Sridhar Govardhan as the Chief Information Security Officer (CISO) to monitor its cybersecurity readiness. Govardhan previously served as the vice president and head of information security at Flipkart. The firm is looking to drive engagement with a focus on providing advanced security measures. Govardhan has…