The Indian festive season has kicked off and digital currency firms are spending big on ads seeking to market Bitcoin as the best gift this holiday season.
Half of cryptocurrency startup Unocoin’s remaining staff have been laid off in a desperate bid to conserve cash, down from over 100 staff at its peak in February 2018.
The co-founder of Unocoin, Harish B.V., was reportedly taken into custody by police only four days after news broke that the exchange has installed the country's first crypto ATM in Bangalore.
India had its first crypto ATM installed in Bengaluru's Kemp Fort Mall. The crypto teller machine was launched by cryptocurrency exchange, Unocoin, for the exclusive use of its customers.