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“#Elephants in India enjoy fruit feast ahead of own world day” MATHURA, India, Aug 10 – After an evening walk under overcast skies with rains not far away, elephants rescued from circuses and temples in India are treated to a feast of their favorite fruits and vegetables to celebrate World Elephant Day. A lavish spread of watermelons, bananas, papayas and pumpkins is laid out for the…
“# Indian crypto exchange becomes unicorn after $90M funding round ” Mumbai-based crypto exchange CoinDCX has raised $90 million in a Series C funding, becoming the first crypto business in India to reach unicorn status. According to the announcement, the funding round was led by B Capital Group and saw participation from returning investors including…
“#Taunted elephant tramples man to death in graphic video” A man was trampled to death in northeast India by an elephant after a crowd provoked a herd outside a forest reserve at the Morongi tea estate. A video taken by Indian Forest Service official Parveen Kaswan — captioned “A human lost his life. I wonder…
“# Buterin’s $1B SHIB donation tricky to cash out, says fund manager ” Just $20 million of the $1 billion in cryptocurrency that Ethereum (ETH) co-founder Vitalik Buterin donated to a Covid-19 relief fund in India has so far been cashed out and distributed to aid recipients. Figuring out why the process is not as…
“# Solana hackathon aims to bolster crypto innovation in India ” Blockchain platform Solana announced an open invitation to Building out Loud, a hackathon venture exclusively for Indian developers and entrepreneurs. According to the official statement, Solana plans to launch the 3-week long event in collaboration with Devfolio and YouTube influencer Superpumped. Solana’s announcement consists of…
“# India to use Ethereum blockchain to verify diploma certificates ” The Government of Maharashtra recently announced a partnership with Indian blockchain startup LegitDoc to implement a credentialing system powered by Ethereum (ETH) for providing tamper-proof diploma certificates. In an effort to counter the rise in document forgery, the Maharashtra State Board of Skill Development…
“#Pandemic leaves Indians mired in massive medical debts” NEW DELHI — As coronavirus cases ravaged India this spring, Anil Sharma visited his 24-year-old son Saurav at a private hospital in northwest New Delhi every day for more than two months. In May, as India’s new COVID-19 cases broke global records to reach 400,000 a day,…
“# Reserve Bank of India mulls first steps toward an eventual CBDC ” The Reserve Bank of India, or RBI, continues to investigate the issuance of a central bank digital currency, or CBDC. T Rabi Sankar, the deputy governor of RBI, said in a speech organized by the Vidhi Center for Legal Policy that private…
“# Indian regulator probes crypto exchange for alleged forex law violations ” Mumbai-based crypto exchange WazirX has been the target of much of India’s regulatory heat as the company continues to attract local investors. In the latest run-in with the government, the Directorate of Enforcement (ED) issued a show-cause notice to WazirX for allegedly violating…
“#Mumbai landslides kill at least 25” MUMBAI – At least 25 people died in three Mumbai suburbs when several houses collapsed after landslides triggered by heavy rain, local officials said on Sunday. Rescuers were seen using their hands to dig up the ground and retrieve bodies, local television showed, and authorities said more victims could be…