India

Exchange
Legal
Security
Trading

From Bad to Worse! QuadrigaCX Cold Wallet Storage Were Empty!?!

The nightmare continues. Crypto exchange QuadricaCX, whos founder Gerald Cotten had died in India in Dec 2018, was the only person who had the encrypted keys to its account holders crypto currency. Since then an investigation, conducted by Ernst and Young, has reviled details about the cold wallets that store Bitcoin (BTC) and other cryptocurrencies. […]

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Business
Development
Finance

HSBC India Executes its First Blockchain Transaction

HSBC India has executed its first trade finance transaction utilising blockchain, enabling an export by Reliance Industries (RIL) to Tricon, reported by the Financial Express. The blockchain transaction, embedded details of a letter of credit, that facilitated a shipment between the two parties. HSBC India released a joint statement with RIL stating “The use of blockchain offers significant potential to reduce the […]

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