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India

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Archive Notes

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InstaDApp
InstaDApp Generates $2.4 million in Seed Round

The Decentralized Finance (DeFi) portal, InstaDApp, has generated $2.4 million in a seed round that attracted a batch of high-profile strategic investors. Notable investors that participated in the round included IDEO CoLab, Pantera Capital, and Robot Ventures. Compound Finance's Robert Leshner led the investors. In addition, the seed round also attracted some thought leaders in [...]

Tony P.Oct 2, 20192 min read
India
India's Central Bank Has New Unit to Research Crypto Tech

According to a report by The Economic Times that cites two people involved in the matter, India's Central Bank is set to research cryptocurrencies and their potential use cases despite various freshly instated bans. This is very interesting, as RBI's plans to research cryptocurrencies and the tech behind them come right after it has repeatedly [...]

Vladimir C.Aug 27, 20182 min read
The Individual Behind the BitConnect Scam Schemes Was Arrested
The Individual Behind the BitConnect Scam Schemes Was Arrested

Divyesh Darji, the person behind BitConnect India's scam, was arrested by the police in Delhi airport after landing from Dubai. He is accused of inappropriate promotion of the Indian company. On 18 August, Divyesh Darji, the promoter of BitConnect, was detained by immigration authorities when he landed in Delhi Airport, as reported by local media. [...]

Adriana MavrenkoAug 20, 20182 min read