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Indian crypto exchanges block deposits via state-backed system, stir alarm

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The decision by CoinSwitch to halt UPI acceptance resulted from "regulatory uncertainty" after the NPCI statement. Big Indian crypto exchanges CoinSwitch Kuber and WazirX have disabled rupee deposits for the purchase of  cryptocurrency   using a widely-used state-backed transfer system, spurring users to voice concern on social media. India has spent years on a law to ban or regulate cryptocurrencies, with its central bank backing a ban over their threat to... read more
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Hackers steal over $600 mn in one of the major crypto heists

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Hackers stole about $600 million from a blockchain network connected to the popular Axie Infinity online game in one of the biggest crypto attacks to date Hackers stole about $600 million from a blockchain network connected to the popular Axie Infinity online game in one of the biggest crypto attacks to date. Computers known as nodes operated by Axie Infinity maker Sky Mavis and the Axie DAO that support a... read more
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