How has a hack impacted Indian crypto exchanges?
Can you elaborate on the recent hacking incidents that have affected Indian crypto exchanges? How significant was the impact on these platforms? Did the exchanges suffer any major losses in terms of funds or user data? What measures have been taken by the exchanges to prevent such hacks in the future? Additionally, how has the Indian government responded to these incidents, and what regulations or guidelines have been proposed to enhance the security of crypto exchanges in India?
Why are Indian crypto exchanges removing rupee deposits?
Why are Indian cryptocurrency exchanges suddenly removing the option for rupee deposits? This recent move has raised many eyebrows in the industry, given the growing popularity of digital currencies in the country. Are there regulatory pressures from the government forcing these exchanges to comply with certain restrictions? Or is it a business decision based on market conditions and the volatile nature of cryptocurrencies? It's crucial to understand the reasons behind this decision, as it could have significant implications for investors and the crypto market in India.