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Leading Indian crypto exchange Coin DCX has recorded a sharp increase in deposits post-FIU's action. Another prominent crypto exchange, CoinSwitch, witnessed a jump in trading volumes. It also reinstated crypto deposits on Thursday, a service which it had suspended last year.
CoinDCX saw a 2000% increase in deposits while Mudrex clocked in deposits worth over $1 million and added 10,000 new users on its platform.
Cyclone Remal intensifies in Bay of Bengal, with red warnings in West Bengal and Odisha. Evacuations underway, Kolkata airport suspends operations. | Latest News India
The South 24-Parganas district administration has geared up to tackle the impending cyclone.
The collective market capitalization of cryptocurrencies at the end of 2023 was $1.66 trillion. The rise in crypto prices began when BlackRock, the world's leading asset manager with more than $9 trillion in assets under management, filed for Bitcoin spot ETF