The Decrypting Story

Discover blockchain and crypto startups from India and around the world.

[The Decrypting Story @DecryptingStory]

Right now, there are NO global frameworks for regulating crypto.

Still, we need to prevent black swan events such as FTX bankruptcy & 3AC crisis.

First, we need to understand how they happened.

Think tank @Policy4_0 has conducted a deep-dive:

https://t.co/o6dmupBny9

[The Decrypting Story @DecryptingStory]

The US is increasingly becoming aware of how regressive its crypto approaches are and how far it is falling behind as compared to the UK, EU, and APAC.

https://t.co/xFSNI0oq0d

[The Decrypting Story @DecryptingStory]

As against the hype cycle of 2021 when NFT projects were in high demand, startups building on underlying blockchain infrastructure, data and analytics, and user onboarding solutions are on VC’s radar this time.

https://t.co/qUivVOHZbl

[The Decrypting Story @DecryptingStory]

Decentralised Finance (DeFi) app Pillow has decided to wind down its services and its app. The company revealed its decision to shut its app late Tuesday via an in-app notification sent to all of its existing users.

https://t.co/r99471YeQH

[The Decrypting Story @DecryptingStory]

Simplifying Crypto Tax Filing for Indians

Founded in December 2022, @TaxNodes_ is led by @avinash_shekhar, a chartered accountant and crypto industry veteran. Shekhar was the CEO of ZebPay till September 2022.

https://t.co/fmudEwqcXg

[The Decrypting Story @DecryptingStory]

The VC firm believes the UK government has demonstrated a strong commitment to Web3 innovation. In fact, UK PM Rishi Sunak has expressed his belief in the UK's potential to become a hub for Web3 development.

https://t.co/KHHrz3CV58

[The Decrypting Story @DecryptingStory]

Investment bank JP Morgan has partnered with six major Indian banks to settle interbank dollar transactions using its blockchain-based trading platform, Onyx.

https://t.co/wpWcRMYT6f

[dYdX Foundation @dydxfoundation]

.@charlesdhaussy and @0xkarana recently featured in @YourStoryCo 💪

In an article titled;

‘India in Focus for dYdX Foundation as Decentralized Crypto Platform Gears up for Mainnet’

In this 🧵 we highlight some of the key talking points👇
https://t.co/JTDr5Ey1xe

[The Decrypting Story @DecryptingStory]

As dYdX gears up for the launch of its standalone blockchain network, the decentralised crypto trading firm's foundation wants to tap into India’s vibrant Web3 talent.

@dYdX

https://t.co/LLelFOGE6R

[The Decrypting Story @DecryptingStory]

India has been pushing for a concerted global effort towards establishing crypto regulations. As the president of G20, which accounts for nearly 80% of the global economy, the country can set the agenda for this important economic bloc.

https://t.co/dHFhUxRL37

[The Decrypting Story @DecryptingStory]

.@CoinDCX says the new technology will enable a near 100% transaction success rate and efficient handling of various failure scenarios.

https://t.co/WxE9NXiRKw

[The Decrypting Story @DecryptingStory]

The Uttar Pradesh Board of Secondary Education is introducing cryptocurrency in its curriculum for students between classes 9 and 12.

https://t.co/I0sTbGAzPi

[The Decrypting Story @DecryptingStory]

Polygon Co founder @sandeepnailwal will be investing $500,000 of his own funds in 10 different Web3 entrepreneurs/ projects. https://t.co/fgMWUiTxd1

[The Decrypting Story @DecryptingStory]

Started by Keshav Saraogi and Shraddha Agarwal, Singapore-headquartered SpotSpreads creates liquid markets for a number of Indian and international crypto exchanges. Here’s how:

@SpotSpreads @keshavsaraogi

https://t.co/zSfFIALJCN

[The Decrypting Story @DecryptingStory]

The Karnataka Skill Development Corporation (KSDC) has floated a tender to select a firm to implement blockchain-based digital certificates for skill-based courses, as per a report by MoneyControl.

https://t.co/r2BqyjOyJ4

[The Decrypting Story @DecryptingStory]

The system, called the Canton Network, aims to link various institutional applications while offering better privacy and controls than existing technology.

https://t.co/9liwMDjN86

[The Decrypting Story @DecryptingStory]

The Himalayan kingdom of Bhutan, together with the Nasdaq-listed Bitdeer Technologies, is planning to set up a $500 million corpus to develop crypto mining in the country, as per a Bloomberg report.

https://t.co/qYWeYQfyy7

[The Decrypting Story @DecryptingStory]

With a context-specific infrastructure for computation, My Own Internet (MOI) and its blockchain are looking to build a personalised network that emulates human interaction to a closer degree than most other chains.

@MOI_Tech

https://t.co/mVoPEVgX8P

[The Decrypting Story @DecryptingStory]

Super thrilled to meet (and host) @bwertz in India and introduce the @VersionOneVC founding partner to India's vibrant Web3 community!

More details in the tweet below:

[Rabble @0xRabble]

Join us for an exclusive evening with a very special guest 🔥

Entrepreneur-turned-investor, @bwertz is coming to India!

We'll talk to him about backing mission-driven founders @VersionOneVC, and his experience at a16z💪🏻

Register now (invite only) 👉🏻 https://t.co/xsqT6gw6vT

[The Decrypting Story @DecryptingStory]

Read the full story here: https://t.co/F1uAx14WTX

[The Decrypting Story @DecryptingStory]

🚨Web3-based video meeting and real-time communication platform @huddle01com has raised $2.8 million in a seed round led by Hivemind, with participation from Superscrypt, M31 Capital, Protocol Labs, & many others.

@ranjan3118 @Susmit_Lavania

[The Decrypting Story @DecryptingStory]

Huddle01's decentralised video platform has reportedly clocked over 1 million minutes of meetings, and its infrastructure (developer SDKs) has over 100 projects built on top of it.