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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]
A cryptocurrency, crypto-currency, or colloquially, crypto, is a digital currency designed to work through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it.
Sandclock is a fintech built on the blockchain and offers users the ability to save, invest, donate and spend. [47] [48] 37 Cosmos Blockchain: Bitcoin, Ethereum: Apr 6, 2017 $10m [49] $16,800,000 [citation needed] Cosmos aims to create a network of ledgers to solve long-standing problems in the cryptocurrency and blockchain communities.
The global financial content provider has also launched its own cryptocurrency super application called CryptoWire. [ 28 ] [ 29 ] 63 SATS is a cybersecurity arm of the company which operates a centralised information security operations center (SOC) on a decentralized network protocol .
China based cryptocurrency, formerly ANT Shares and ANT Coins. The names were changed in 2017 to NEO and GAS. 2014 MazaCoin: MZC BTC Oyate Initiative SHA-256d: C++ [39] PoW: The underlying software is derived from that of another cryptocurrency, ZetaCoin. 2014 Monero: XMR Monero Core Team RandomX C++ [40] PoW
Bitconnect was released in 2016 to allow users to lend the value of Bitconnect Coin in return for interest payments. The marquee program was the so-called lending platform where users traded Bitcoin for Bitconnect Coin and could lock in the instantaneous value of the coin for a set period of time while earning interest calculated daily.
All the donations are held in crypto wallets under a special entity in UAE - IN COVID SUPPORT FZE LLC. 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]
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