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1  Local / Marketplace (India) / Zomoto Gold membership - 3 Months @ 300 Rs paytm cash only on: April 07, 2019, 02:11:02 PM
Zomoto Gold membership - 3 Months @ 300 Rs paytm cash only

I have voucher code of Zomoto gold membership from where you can took benefits of 1+1 offer on top restaurants on ZOMOTO app.

if any one interested can message me
bitcoin and ether also accepted @ 20% extra charge
2  Local / Press & News from India / (04-04-2019) Indian entrepreneur implicated in $300 million Bitcoin - gets bail on: April 07, 2019, 01:43:35 PM
Indian entrepreneur implicated in $300 million Bitcoin Ponzi scheme gets bail

Amit Bhardwaj, a man accused of running a $300-million Bitcoin BTC Ponzi scheme, has reportedly been granted bail on medical grounds, citing a deteriorating kidney condition.

The former entrepreneur, who was arrested in Bangkok last year, was reportedly admitted into Apollo Hospital in India, maintaning he needed regular dialysis treatment to treat his condition.

As previously reported by Hard Fork, Bhardwaj set up a series of Bitcoin mining firms, including GB Miners, Gain Bitcoin, and MCAP. As part of the scheme, he promised investors 10x returns for their money. Needless to say, none of his promises delivered and, instead, investors lost their hard-earned cash.

“While Amit Bhardwaj has been granted interim bail based on his health ground, the Supreme Court granted bail to his brother, purely based on the merits of the case,” Bhardwaj’s lawyer, Deepak Prakash told Inc42.

The two brothers have asked the Supreme Court to combine all the 12 cases listed against them across various Indian states. Prakash told Inc42 that the Supreme Court could potentially hear the matter on April 27.

Amit Bhardwaj’s case was supposed to be heard at the Bombay High Court on April 2, but a new date has now been set for April 22.

India has seen its fair share of cryptocurrency scams in the past. In February, police in India‘s financial hub Mumbai booked a local resident for duping $250,000 out of 12 people in an alleged cryptocurrency scam.

Also in February, criminal investigation authorities in Gujarat accused five people of running a fraudulent initial coin offering (ICO) called Bitstrades.

link -
3  Local / Press & News from India / [2018-11-13] Times now: Good news for bitcoin investors? “bull run” ahead on: November 13, 2018, 01:17:21 PM
Good news for bitcoin investors? Cryptocurrency “bull run” ahead

Bitcoin and other cryptocurrencies are likely to see a bull run again.

Bitcoin prices have stabilised around $6,400 since October 2018 whereas equity markets have been tumbling, this may be a sign of relief to all the cryptocurrency investors and traders. Since June 2018, bitcoin is trading above $6,000 per unit after the world’s most popular cryptocurrency fell from its respective all-time peak of $20,000. In the current year so far, bitcoin prices have touched a low of around $5,900 in June, according to the data available at (Related | Surprise, surprise! Bitcoin defies stock market crash; Sensex, DJIA tank 3% in 1 week)

According to a Forbes report, bitcoin and other cryptocurrencies are likely to see a bull run again. Changpeng Zhao, CEO, Binance, a cryptocurrency exchange, expects another bitcoin “bull run” to happen sooner or later, Forbes reported. “Even if I don’t know what will catalyze a bitcoin bull run, I am certain it will happen... Sooner or later, something will trigger it,” Changpeng Zhao was quoted in the Forbes report.

Bitcoin is trading at $6,369.30 while ethereum and litecoin are hovering around $210.1 and $50.8, respectively, according to the latest data on

Bitcoin prices saw a massive spurt in the last quarter of 2016, the time when a unit of cryptocurrency was available for $600-$900 apiece. In 2018 itself, bitcoin prices breached the psychological mark of $20,000 but since then it has been on a downward trend. All the cryptocurrency investors might be anticipating for the next upward trigger.

As far as the trading in India are concerned, the businesses of crypto exchanges have taken a hit after the warnings and increased watch by the Finance Ministry and the Reserve Bank of India. Recently last month, Unocoin Technologies, a Bengaluru-based blockchain solutions provider, became the victim of wrong marketing after they installed a cryptocurrency machine and named it as bitcoin ATM.

source :-
4  Local / Press & News from India / [2018-11-10] India Coin (CRYPTO:INDIA) Market Capitalization Reaches $0.00 on: November 12, 2018, 04:13:19 AM
India Coin (CRYPTO:INDIA) Market Capitalization Reaches $0.00

India Coin (CURRENCY:INDIA) traded flat against the dollar during the 1-day period ending at 18:00 PM Eastern on October 26th. In the last week, India Coin has traded 2% higher against the dollar. India Coin has a market cap of $0.00 and approximately $0.00 worth of India Coin was traded on exchanges in the last day. One India Coin coin can now be purchased for $0.0001 or 0.00000001 BTC on popular exchanges.

Here is how other cryptocurrencies have performed in the last day:

XRP (XRP) traded 1% higher against the dollar and now trades at $0.51 or 0.00007920 BTC.
Stellar (XLM) traded up 1.8% against the dollar and now trades at $0.26 or 0.00004078 BTC.
Tether (USDT) traded 0.3% lower against the dollar and now trades at $0.99 or 0.00015563 BTC.
TRON (TRX) traded down 0.4% against the dollar and now trades at $0.0230 or 0.00000360 BTC.
Binance Coin (BNB) traded down 0.4% against the dollar and now trades at $9.53 or 0.00149272 BTC.
NEO (NEO) traded 0% higher against the dollar and now trades at $15.97 or 0.00250269 BTC.
VeChain (VET) traded up 0.6% against the dollar and now trades at $0.0103 or 0.00000161 BTC.
Maker (MKR) traded up 0.2% against the dollar and now trades at $657.58 or 0.10302162 BTC.
0x (ZRX) traded 0.7% higher against the dollar and now trades at $0.72 or 0.00011266 BTC.
IOStoken (IOST) traded 0.3% lower against the dollar and now trades at $0.0396 or 0.00000526 BTC.

About India Coin

India Coin’s total supply is 30,000,000 coins. India Coin’s official website is India Coin’s official Twitter account is @india_coin.
India Coin Coin Trading

India Coin can be traded on these cryptocurrency exchanges: . It is usually not presently possible to buy alternative cryptocurrencies such as India Coin directly using U.S. dollars. Investors seeking to acquire India Coin should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy India Coin using one of the aforementioned exchanges.

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5  Local / Press & News from India / [2018-11-09] WIRE SUMMIT 2018: Crypto Investment Event In New Delhi, India on: November 09, 2018, 04:14:44 PM
WIRE SUMMIT 2018: Crypto Investment Event In New Delhi, India

What Is WIRE SUMMIT 2018?
Organized by BTCWIRES, WIRE SUMMIT 2018 is a blockchain event, which will take place on 2 December 2018 in New Delhi, India. The summit aims at becoming one of the largest and most extensive blockchain events in the industry due to BTCWIRES popularity as a leading news platform in the crypto and blockchain industry.

After collaborating with various Organizations and Companies during their Business Conferences and Blockchain Summits, BTCWIRES have found themselves in a better position to facilitate and promote blockchain investments through the gained experience.

The First Crypto Investment Event
This is the first blockchain event organized by BTCWIRES and it seeks to encourage investments in startup ideas utilizing blockchain technology and serve as a breeding ground for both current and upcoming blockchain companies. Similarly, the Wire Summit 2018 will bring together experts from the industry in order to make the summit in accordance to the industry expectations.

The event will strategically take place in New Delhi in efforts to attract investors, influencers, experts, and blockchain enthusiasts due to the strategic location of the city near government institutions and businesses. The event anticipates to host over 50 speakers, 20 media partners, and over 25 industry-leading companies.

The main agenda of the event will be the promotion of Blockchain and DApp Projects for Investment Promotion, Facilitation, and Execution. The event also seeks to create networking opportunities since a wide variety of people from all walks of life are expected to attend including Startup Co-founders, CXOs, VPs & also professionals from Blue-chip companies to be present at the event.

WIRE SUMMIT 2018 New Delhi, India Ticket Booking
The Wire Summit is highly private; therefore, entry is restricted to investors and startups that have been invited. The organizers of the event have made sure invited investors are knowledgeable on the blockchain and based on their investment portfolio and value proposition.

However, individuals or businesses that are interested in attending the event can apply for consideration by the organizing committee through requesting an invite on the Wire Summit 2018 official website.

The shortlisting process will maintain a high conversion rate and facilitate successful closure of deals since the parties involved will not necessarily have conduct verification, due diligence or proof of concept, which will also save a lot of time.

Why Attend The WIRE SUMMIT 2018 Event?
Gain Exposure
The event will host over 1000 investors and blockchain experts from around the world, who will offer keynote speeches. The entire summit will also be covered by various media platforms and therefore, participating startups will have the opportunity to portray their ideas or products to large audiences globally and receive clients for their products.

Funding Opportunities
Startup projects as well as blockchain companies will have the chance to pitch their blockchain ideas and products to potential investors, venture capitalists, and fund managers who might fund the pitched ideas and products.

Networking Opportunity
Attendees of the event will have the opportunity to network and create partnerships with some of the industry’s most influential players such as founders of startups, managing directors of the leading businesses, CxOs of the biggest firms, Vice Presidents, and professionals from Blue-chip companies.

Source :-
6  Local / Press & News from India / [2018-11-08] India’s national disaster authority hacked to promote Bitcoin scams on: November 08, 2018, 06:19:50 AM
India’s national disaster authority hacked to promote Bitcoin scams on Twitter

The cryptocurrency market is going through a rough patch, but this isn’t stopping scammers from duping people out of their funds. Hackers took over the official Twitter account of India’s National Disaster Management Authority (NDMA) to promote blatant Bitcoin $BTC▼0.6% giveaway scams – a trend that’s been plaguing social media for months now.

It’s worth pointing out that unlike other similar incidents, the hackers did not post any malicious links directly from the NDMA’s account; instead, they used the account to respond positively to malicious links posted from other accounts, perhaps in an effort to make them look more legit.

“I sent 0.30 BTC and got 6 BTC back,” one of NDMA’s tweets read. “Elon, you are the best person I have ever seen in my life,” another said, likely responding to one of the many fake Elon Musk accounts propagating malicious giveaway links.

The good thing is the NDMA social media team has since managed to reclaim control of its account. All malicious tweets have been wiped, but the NDMA has yet to address the mishap.

This is the latest in a series of hackings targeting verified profiles.

Just yesterday, attackers hijacked the official accounts of Europe’s second largest film company and popular fashion retailer Matalan. According to reports, the hackers made off with over $150,000 worth of cryptocurrency.

Source -
7  Local / Press & News from India / [2018-11-05] - Indian teen threatens to blow up Miami airport to stolen Btc on: November 05, 2018, 01:46:36 PM
Indian teen threatens to blow up Miami airport to avenge stolen Bitcoin

A high school student has been charged by authorities in India for threatening to blow up the Miami airport.

The eighteen year old boy was unhappy with the US investigation agency FBI for not helping him recover a sum of Bitcoin $BTC▲1.68% he lost to a US-based fraudster.

The boy, who has not been named, called the FBI at least 50 times over the last month. Failing to get any satisfactory response, he then called Miami airport authorities threatening to attack the airport by “barging into it with an AK-47 assault rifle, grenades, and a suicide belt,” local daily Hindustan Times reports.

The threats were made from multiple email IDs and phone numbers acquired using fake identities.

The FBI reached out to India’s National Investigation Agency (NIA) to help track down the caller, which traced the calls to a small town in the Indian state of Uttar Pradesh.

The authorities have charged the boy with multiple crimes under the Indian Penal Code and the IT Act for impersonation and issuing terror threats over internet/calls.

The boy was earlier detained and interrogated by the authorities but hasn’t been formally arrested. The case is pending further investigation as the perpetrator is too young to be tried as an adult. After interrogating his school authorities and family members, the police concluded the boy to be “studious” and judged his threats to be naive and unintentional.

The boy told Police during questioning that he had made huge profits with Bitcoin over the past five months after he invested $1,000 borrowed from his father. That was until he met a man claiming to be from the US in an online chat forum who promised to get him even big returns on his cryptocurrency but then disappeared with the money.

It is worth noting that cryptocurrency is not legal tender in India, and virtual currency investments are not protected under Indian laws.

The courts are likely to let the boy get off the hook easy considering his tender age, but he would have learnt a hard lesson by the end of it: don’t toy with the FBI no matter which part of the world you are from.

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8  Economy / Speculation / SEC Rejects 9 Bitcoin ETF Applications Whats Next Target of bitcoin? - 23 Aug18 on: August 23, 2018, 04:52:44 AM
SEC Rejects 9 Bitcoin ETF Applications from ProShares, Direxion and GraniteShares
Sec rejects has rejected a total of nine applications from various btc exchanges

For all three disapprovals, the SEC has stated that:

"[T]he Commission is disapproving this proposed rule change because, as discussed below, the Exchange has not met its burden under the Exchange Act and the Commission's Rules of Practice to demonstrate that its proposal is consistent with the requirements of the Exchange Act Section 6(b)(5), in particular the requirement that a national securities exchange's rules be designed to prevent fraudulent and manipulative acts and practices."

many people Predict if SEC approves price jump . Now sec disapproved now price again down to earth ?
Whats prediction now within year end ?
Market is already red -

Read Full store here more at
Source -
9  Economy / Trading Discussion / Different Types Of Crypto Trading Strategies - Methods on: July 23, 2018, 04:53:51 PM
please Explain all types of trading in your way

I will mention list below.

- Scalping
buying and selling in seconds or a few minutes at most.

- Day Trading
hold coin for maximum 24 hours

- Range Trading --
 buy and sell at the tops and bottoms of a range (also known as a consolidation).  told by Maxpips

- Swing Trading
holding coin for few day at fix position

- Position Trading
hold coin for long term

which is best type of trading ?
My answer - Day trading you can do your daily work + Day trading as side work
10  Economy / Digital goods / WTB - Facebook ads package for cheap rate on: July 21, 2018, 03:05:51 AM
WTB - Facebook ads package for cheap rate

I need Full guide how to step ads on Facebook + Ads money coupon you got from somewhere for my products on Ebay. Looking for specific country ads Such as India only.

Budget - 100$ total
message me your offers or reply here what you are offering.

I will lock this thread once i got my target Ads package
11  Local / Press & News from India / (2018-05-07) Business standard - Company against RBI Bitcoin ban circular news on: May 07, 2018, 12:26:20 PM
Bitcoin trading ban: Another company moves Delhi HC against RBI circular

A company engaged in trading in crypto-currencies has challenged an RBI circular, prohibiting banks and financial institutions from providing services in relation to such virtual currencies, in the Delhi High Court.

The plea was yesterday listed for hearing before Justice Rajiv Shakdher, who asked the high court registry to place it before the bench which is already hearing a similar matter.

The petitioner company, Flintstone Technologies Private Limited, has sought the withdrawal of the April 6 circular of the Reserve Bank of India (RBI), claiming that it is "arbitrary, unfair and unconstitutional".

The Maharashtra-based company has contended that the RBI circular has "fenced" all the entities regulated by the apex bank from providing services to any individual or business dealing in virtual currencies like crypto-currencies.

The company, which claims to provide an online crypto-currency digital wallet service for Bitcoin and Money trade coin -- both virtual currencies -- has contended that the RBI has not spelt out any reasons for imposing the restrictions.
It has also submitted that while the Centre is studying the effect of crypto-currencies without banning it completely, the RBI has come out with the circular to indirectly restrict the trade in virtual currencies.

On April 22, the high court had sought the response of the Centre, the RBI and the GST Council on aGujarat-based company's plea, challenging the April 6 circular.

Gujarat-based Kali Digital Ecosystems Private Limited, which was proposing to undertake the business of operating a crypto-currency exchange system for the customers in India, has stated that it has already made substantial investments in this regard and that it plans to roll-out the exchange system, called "Coin Recoil", in August.

However, due to the RBI circular, it would not be able to avail of the banking services to operate it, the petition filed by the company says.

According to the circular, the entities regulated by the RBI are prohibited from "providing any service in relation to virtual currencies, including those of transfer or receipt of money in accounts relating to the purchase or sale of virtual currencies".

Three months' time has been given to those entities already providing such services.

Crypto-currencies are a digital currency, in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.

The company has claimed that a lack of regulations on crypto-currencies has "increased the uncertainty over the treatment of such transactions and is adversely affecting the proposed business of the petitioner".

Source -
12  Local / Marketplace (India) / Selling Mobile Recharge for Eth - Special for Jio customers on: April 19, 2018, 06:13:04 PM
Selling Mobile Recharge for Eth - Special for Jio customers

We accept Eth , paytm cash , Any Amz gv or fk gv from customers

pm me for more details
13  Local / Press & News from India / (2018-04-06) Economic times : RBI bans Bitcoins, other virtual currencies on: April 06, 2018, 05:07:26 PM
RBI bans Bitcoins, other virtual currencies, prohibits any dealing with banks

MUMBAI: The Reserve Bank of India (RBI) on Thursday barred banks and financial institutions from dealing with virtual currencies including Bitcoins and said that it was time and again warning users of virtual currencies regarding the risks associated with it.

“In view of the associated risks, it has been decided that, with immediate effect, entities regulated by RBI shall not deal with or provide services to any individual or business entities dealing with or settling VCs (virtual currencies),” the RBI said in a statement on Thursday. “Regulated entities which already provide such services shall exit the relationship within a specified time.”

The RBI is expected to issue a circular in this regard very soon.

The regulator will also give a three-month buffer period to entities to unwind their business relationships.
“We have decided to ring-fence the RBI regulated entities from the risk of dealing with entities associated with virtual currencies. They are required to stop having a business relationship with the entities dealing with virtual currencies forthwith and unwind the existing relationship within a period of three months,” BP Kanungo, Deputy Governor, RBI said. “

In the past, the Indian government and the Reserve Bank of India have issued several warnings against dealing in cryptocurrencies including Bitcoins, the former even comparing it with a Ponzi scheme. RBI recently warned users of virtual currencies including Bitcoins regarding the potential economic and financial risk associated with cryptocurrencies.

RBI has also in the past clarified that it has not given any license to any company to operate or deal with Bitcoin or any other virtual currency. Nearly a dozen countries including China have already prohibited the digital currency.

“We also recognize that the Blockchain technology or the distributed ledger technology that lies beneath the virtual currencies has potential benefits for financial inclusion and enhancing the efficiency of the financial system and we also believe that they should be encouraged to exploit beneficially for the economy,” Kanungo said.

Globally, central banks have debated the possibility of introducing a fiat digital currency as opposed to the private digital tokens. The regulator also said that it had set up an inter-departmental committee to study the possibility of fiat digital currency issued by the central bank.

“We have constituted an inter-departmental committee, Reserve Bank of India will produce a report and they will explore the feasibility and desirability of issuing a digital currency by the central bank,” Kanungo said. “These are issued by central banks, they constitute the liability of the central bank and they will be in circulation in addition to the paper currency. It also holds the promise of reducing the cost of printing of the notes.”

In February this year Finance Minister Arun Jaitley outlawed the use of cryptocurrencies in India while presenting the Union Budget 2018 and said that India would further explore the use of block chain technology to add muscle to the digital economy. “The Government does not consider crypto-currencies legal tender or coin and will take all measures to eliminate use of these crypto-assets in financing illegitimate activities or as part of the payment system,” Jaitley had said.

Source -
14  Other / Off-topic / Videojet Industrial Inkjet Printer - Master Passward Generation Service on: March 11, 2018, 03:21:57 AM
Videojet Industrial Inkjet Printer - Master Passward Generation Service

We are in field of Inkjet printer from last 2 year , Servicing Domino inkjet printer and Videojet inkjet printer From last 2 years.

For bitcointalk user ere i offer Free Master passward creation service , I will update Free Master passward for particular date here also.

Videojet Master password : 17/07/2017 is: 028110

We have All types of Inkjet Industrial Printer spare parts in stock.
15  Local / Press & News from India / (2018-2-28)hindustan: IndusInd ties up with blockchain solution provider Ripple on: February 28, 2018, 06:23:01 PM
IndusInd ties up with blockchain solution provider Ripple to enhance global payments

“IndusInd Bank, which has significant interests in cross border remittances, plans to harness the power of blockchain technology for facilitating global payments,” the bank said in a release.

Private sector IndusInd Bank has tied up with blockchain solution provider Ripple to enhance global payment transactions in and out of India.

With this affiliation, Ripple can now provide instant access in emerging markets such as India, Brazil and China, IndusInd Bank said in a release.

The bank said India witnessed $65 billion move into the country in 2017.

“IndusInd Bank, which has significant interests in cross border remittances, plans to harness the power of blockchain technology for facilitating global payments,” it said.The bank strives to leverage the latest technology to build on its existing footprint in payments business through this alliance as the blockchain technology lowers both costs and transfer time for their customers.

“We plan to leverage the Ripple platform to provide an enhanced experience to our clients by delivering instant settlements and atomic confirmations on the back of highly secure infrastructure. This will deliver more value to remitters, recipients and our institutional partners across the world,” Ramesh Ganesan, senior executive vice president at IndusInd Bank, said in the statement.

By joining Ripple, financial institutions are able to communicate information about a payment between each other and settle payments immediately, the lender said.

Patrick Griffin, head of business development, Ripple, said blockchain solutions can provide much more significant impact to the customers of financial institutions in emerging markets.

“The payments problem is a global problem, but its negative impact disproportionally affects emerging’s imperative that we connect the world’s financial institutions into a payments system that works for their customers, not against them,” Griffin said.

Source -
16  Local / India / (2018-02-19) PMO India Speaks favour of Blockchain on Twitter on: February 20, 2018, 03:55:01 PM
PMO India Speaks favour of Blockchain on Twitter , This news is in trend now everyone talking about blockchain and bitcoin.

Tweet link -

Lets show the power of bitcoiners and retweet and reply about blockchain
17  Local / Press & News from India / (2018-2-19) Bitcoin news : Indians Look to Buy Bitcoin Overseas as Regulations on: February 19, 2018, 05:09:02 PM
Indians Look to Buy Bitcoin Overseas as Regulations Tighten

As cryptocurrency regulations start to pile up in India, a new trend is emerging for Indians to acquire cryptocurrencies from abroad, such as from relatives or friends with overseas accounts.
Increased Regulations
Indians Look to Buy Bitcoin Overseas As Regulations TightenThe Indian government has recently intensified its efforts to strengthen the country’s regulations on cryptocurrencies, promising that a regulatory framework for them will be announced soon. Earlier this month, the Indian tax authority issued notices to 100,000 crypto traders asking them to pay taxes.

The Blockchain and Cryptocurrency Committee (BACC), an industry group whose members include 7 cryptocurrency exchanges, is considering several initiatives, such as creating a database of crypto users and transactions, to comply with the government’s mandates. The Times of India elaborated:

With Indian exchanges like Unocoin, Zebpay, Coinsecure, keen on increasing regulation and scrutiny into transactions, bitcoin aficionados say buying from US exchanges is a more popular alternative for purchases.

Indians Look to Buy Bitcoin Overseas As Regulations TightenAs regulations tighten in India, bitcoin “enthusiasts are now tapping into their own NRI [non-resident Indian] network of friends and family members,” the news outlet added.

L R Dinesh is a bitcoiner who buys expensive items using bitcoin on overseas online sites. He told the publication, “For the online tech community, there are some who receive bitcoins as payment for gadget and video game reviews. But for regular purchases, one has to get a relative or friend with an overseas account to send over bitcoins.”

Better Privacy
Indians Look to Buy Bitcoin Overseas As Regulations TightenDana L Coe, the CEO of bitcoin hardware wallet Bitlox, believes that one of the main attractions of bitcoin is privacy, the news outlet conveyed.

He explained, “If you are purchasing a particular medicine and someone collects the data and sells it to a pharmaceutical company — these companies can use sets of such demographic information to increase prices.” Furthermore, he noted, “Differential pricing, blanket invasion of privacy cannot happen if one uses anonymous and private payments,” adding:

People would want to shield their payments from the government, corporates or even their own families. With big data and consumer tracking websites, the need for privacy is heightened.

Better Security
Indians Look to Buy Bitcoin Overseas As Regulations TightenThe advanced security on purchases made with bitcoin is another major incentive for Indians, the publication added. “The requirement of Aadhaar is a dampener,” Dinesh asserted, referring to the 12-digit unique identity number issued to all Indian residents based on their biometric and demographic data. “The community of techies, bloggers and geeks are quite antipathic to the continuous stem of leaks and insecurities reported with Aadhaar,” he emphasized, noting that “To try and unite bitcoins with compliance is going to keep real bitcoin miners away from Indian exchanges.”

Damodharan Sampathkumar of Renovite Technologies was quoted:

In India, RBI has mandated two-factor authentication for all online transactions. But outside of India, only single-factor authentication is required. So when it comes to using one’s credit or debit card to buy products on overseas sites one also runs the risk of compromising sensitive financial data and hacks. So using bitcoins would add one layer of security.

Source -
18  Local / Press & News from India / (2018-2-19) Yourstory : By 2030, Blockchain can cease all traditional banking se on: February 19, 2018, 05:06:08 PM
By 2030, Blockchain can cease all traditional banking services, says State Bank of India

Cryptocurrency', the potentially intimidating term for a banking fraternity in any country has spread its wings in India in the recent times, and its fever is passing on, on equal scale with its mother technology 'Blockchain'.

If not for the darker aspects of cryptocurrency, in a parallel world, crypto could entirely replace regular currency, which is not exactly a good thing for banks, and governments. Blockchain technology, however, is a different matter altogether, and the big question most are asking is whether it could deprive bank employees of their employment.

While there may yet be no any answers for that, what is certain, though, is that this revolutionary technology could make things a lot easier for the banks in terms of automation and financial security.

In this context, state-owned lender State Bank of India is exploring if Blockchain technology can be deployed for the benefit of the public and with respect to employment. The bank is hopeful that Blockchain can pool in exponential employment opportunities in the banking sector.
Speaking with YourStory at the recently concluded Blockchain Conclave, Head of Innovation for State Bank of India Sudin Baraokar said,

"We are all striving for inclusion in finance right now, even with the government and public sector. As a bank that works in tandem with both, we would look at how Blockchain technology is helping financial inclusion, which is the bigger goal in the country right now."

He added that SBI had formed a 'Bank-chain', and called major banks in the country to understand the ecosystem as bankers, and how the bank could employ this emerging technology to produce efficient bankable solutions at nominal costs.

“By 2030, traditional banking services could cease to exist with Blockchain. All services of banks can be replaced by Blockchain," Sudin said.

He said it was up to the customers to choose where they want to invest their wealth. "They can store their wealth in a bank account, or they can store it in a Bitcoin. However, they have to figure it out with the potential risks involved with Bitcoins. We don't stop them, in fact, we ensure we explain the risks to them as our responsibility. However, we don’t recommend Bitcoin."
Referring to Bitcoin, he pointed out, "When you say it's decentralised, it essentially means you don't need a regulator or an authority. You can do what you want. You don't need to ask a regulator. It doesn't make sense."

He went on to talk about the importance of trust, and how it is always a bank's highest priority. He emphasised that customers will have to wait and trust the process of banks adopting Blockchain as a technology, but not the crypto-aspect of it.

"We have to abide by the regulations of the government for they hold the authority. We continue our association with fiat currency, and it is not going to end anytime soon," Sudin said.

"The magnitude of Blockchain is so great that I can create an entire financial stack in few days. Blockchain can simply make things easier by manyfold."

 While the State Bank of India is opposing the usage of cryptocurrency for its dark risks, it is equally appreciating the idea of administering Blockchain technology for its tremendous potential.

Source :-
19  Bitcoin / Press / (2018-02-06) New Zealand Cryptocurrency Exchange Forced into Bank Account Closur on: February 06, 2018, 11:52:42 AM
New Zealand Cryptocurrency Exchange Forced into Bank Account Closure

Cryptocurrency exchange Cryptopia has announced that its bank is to close its New Zealand dollar-tethered (NZDT) trading accounts.

“Unfortunately, our current bank has notified us that they intend to close our NZDT account on 9 February. Due to this, we are announcing an immediate halt to NZDT deposits from COB today and we are asking all customers to cease sending NZD deposits to our NZDT account,” read an announcement from Cryptopia.

However, the exchange has received an extension from the bank on its NZDT account for withdrawals until the 31 March.

In a recent update, Cryptopia said:

We’re still working on a number of options to resolve deposits and will update with news as it happens.

Cryptopia is an exchange that enables traders to deposit, trade, and withdraw over 400 digital currencies including bitcoin and litecoin, according to its website. By converting New Zealand dollars to cryptocurrency by depositing it into the NZDT account, traders have a way of getting into and out of the market.

As a result of the closure, the exchange is offering a competitive rate to traders holding NZDT to convert to bitcoin. Cryptopia added that while it was searching for ‘secure alternative banking services,’ it was also preparing for the possibility that there may be a period of time between the closure and when they can deliver services again, adding:

Rest assured, Cryptopia is committed to ensuring our users remain the top priority and have access to their funds at all times.

Richard MacManus, a technology columnist and trader at Cryptopia took to social media to say that it wasn’t just Cryptopia that was facing problems with banks in the country.

I’m hearing that at least one other NZ crypto exchange is having trouble with NZ banks. So it’s not just @Cryptopia_NZ. The problem here is the NZ banks, who are preventing kiwis from fully participating in #bitcoin & #blockchain revolution.

This is in stark contrast to Australian banks, which have ruled out banning customers from purchasing digital currencies such as bitcoin. Yet, according to Karen Scott-Howman, New Zealand Bankers’ Association chief executive, one of the main reasons that banks are struggling with digital currencies was due to anti-money laundering laws.

She said:

Banks have an important role to play in meeting the law’s aims. They take their obligations under the law very seriously. They’ve invested heavily in policies, systems, processes and staff training to ensure they identify, manage and mitigate any risks that the law targets.

She added that banks were required to be able to identify the senders and receivers of funds, as well as knowing the source of where those funds were coming from.

20  Other / Meta / Suggestion to Imporve Login Security option For This Forum on: January 28, 2018, 04:07:26 AM
I can see there are number of threads who Complaint that i lost my account , I lost passward , someone stole my account , hacked many other reason.

Why not we use Advance security methods while login such as
1. Email Verify When we login from diff Ip address.
2. Email alert When someone login from diff ip address even correct passward
3. Google auth. As option For some High profile users {Admin may Charge money for this option}
4. Minimum Passward strength should be 10 Numeric alpha And special characters mix. {very less chances to hack}
5. System give alret when we set Week password

 Currently only Email and Passward  option Active

incase of loss passward , And email cant acess , He must proof That both email and Account belongs to you.
Sign Address is not enough. More ways Please

We want to secure account can you pay some bits?
Suggestion Please
If you like Please share merits to People Reply.
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