India’s cybersecurity agency CERT-In has issued a critical warning about an active hacking campaign targeting cryptocurrency exchanges and financial institutions, with attackers using artificial intelligence (AI) tools to steal wallet keys and transfer funds. In its November 4 advisory, identified as CIAD-2026-0058, the Indian Computer Emergency Response Team named the
India’s Reserve Bank of India (RBI) and Financial Intelligence Unit-India (FIU-IND) are examining offshore crypto cards that allow residents to spend digital assets on everyday purchases and withdraw cash from ATMs, according to a November 2 report by The Economic Times. The scrutiny centres on whether these cards comply with
Crypto exchange CoinDCX is facing increased scrutiny after warning users about a phishing campaign involving fake notifications and emails that impersonate the company and direct recipients to external links. The warning comes a day after the exchange disclosed a $15.99 million loss linked to a failure in its process for
One of India’s leading cryptocurrency exchanges, CoinDCX, has denied allegations of a new security breach after blockchain investigators flagged approximately $16 million in USDT and TRX transfers from wallet addresses reportedly linked to the platform. The transactions, reported on October 21, have raised fresh questions about CoinDCX’s July 2025 security
Rafiqool Alam, aged 25, has been arrested by the Gujarat Police in Assam through a three-day sting operation and was found to be involved in 1,090 cybercrime cases. The total estimated damage from these cases is more than ₹1,071 crores. Fraudsters allegedly trapped individuals from various Indian states in a
India has become vigilant about decentralized communication technology after issuing an order to GitHub to disable Bitchat, an offline communication tool developed by Jack Dorsey. This happened when protesters were resorting to using Bluetooth mesh communication technology amid internet shutdowns in protest areas. Indian Cyber Crime Coordination Center, issued the
India is currently evaluating its crypto policy in the long run. While the regulatory bodies adopt a cautious stance towards digital assets. According to recent internal government papers, the RBI has reiterated its recommendation regarding restrictions on cryptocurrencies and stablecoins. Reuters reported any cryptocurrencies. Also, keeping themselves free from direct
A major USDT supply squeeze has hit India’s USDT market, sending the price premiums of the stablecoin past its usual trading band. As per a report from The Economic Times, USDT was sold at around 102.88 INR on Saturday, whereas the USD/INR foreign exchange ratio stood at 94.65 on Friday.
India’s Central Bureau of Investigation (CBI) has arrested Ayush Varshney, co‑founder and Chief Technology Officer of Darwin Labs Private Limited, in connection with the alleged GainBitcoin cryptocurrency fraud, officials said on Wednesday. The alleged scam is now estimated to be worth at least ₹20,000 crore and is believed to involve
A recent project research from Gujarat National Law University advises India to create a clear crypto-asset regulatory framework, proposes a systematic framework for regulation, and provides a thorough analysis of India’s actual stance on crypto-assets. The project report, titled “Crypto-Assets in India: Assessing the Case for Regulation.” Which was prepared
