Hey, Your Crypto Newsletter for June 22, 2021

If you are interested in cryptocurrencies, this newsletter is for you. [FeedBinary Newsletter]( You Might Like     [Learn more about RevenueStripe...](   [Meet The IIT-Bombay Alumni Behind India’s Largest Cryptocurrency Exchange](  CoinDCX founders — Sumit Gupta and Neeraj Khandelwal — hailed from small towns and had dreams of setting up something big together. As many as three years ago, when Sumit Gupta and Neeraj Khandelwal began their cryptocurrency journey from a modest flat in Mumbai, they had little idea about the storms heading their way. Within months of starting the company in 2018, the RBI banned banks from processing payments related to cryptocurrency. Today, with a base of more than two million users, the daily turnover of CoinDCX, one of India’s largest cryptocurrency exchanges, is ₹ 100 crore. It is also the official live streaming sponsor of the World Test Championship Final underway in the UK. Speaking to Humans of Bombay, Mr Gupta recalled the struggle that went into building the company and the highs and lows that came with it. Mr Gupta said he and Mr Khandelwal are “childhood buddies”, who would study as a team in Kota, ride trains and treat themselves to street food. Hailing from small towns, IIT and Mumbai sounded aspirational to them. Once at IIT-Bombay, they would take the same class and dream of starting something of their own together. But Mr Gupta then got placed at Sony in Japan. “I made a good living,” he said, but when Mr Khandelwal would call him, he would miss India and their chats about the future. [Read More](  [Is Cryptocurrency a Good Investment? All You Need To Know](  Cryptocurrency in India: Today, some of the most popular cryptocurrencies are Bitcoin, Dogecoin, Ethereum, XRP, Tether, and Cardano. A cryptocurrency is a form of payment that can be used to exchange products and services online. Using digital files as money, they are created using the same method as cryptography, which is the science of hiding information. Who invented Cryptocurrency? Majority consider Bitcoin to be the original cryptocurrency. In 2009, it was invented by a programmer/s under the pseudonym Satoshi Nakamoto. They were the first to implement a blockchain currency. Why is Cryptocurrency so popular? The notion of cryptocurrency is spreading everywhere solely because the currency is fully digital. The transactions are private, so they aren’t privy to any organization or government body (decentralized control). Coupled with the ease of conducting financial actions through the click of a button makes it an easy choice for millennials. The limited quantity of cryptocurrencies is part of the appeal and new-found rage of this technology. [Read More](   [EtherLite is the Next-Gen Blockchain for the Current DeFi landscape]( ‘EtherLite Foundation’ has come up with a solution to the above problem by excluding the issues and getting benefited from Ethereum’s existing infrastructure, and provides a stable and sustainable blockchain ecosystem Starting from mid-2016, Blockchains have found close operational relevance to the field of Logistics and e-votings. Since then, many businesses have been reluctant to fully implement Blockchain at the core of the business structure and have begun testing the technology, and are conducting low-level implementation to gauge its effects on organizational efficiency. But unfortunately, major Blockchain platforms have encountered congestion and attacks, demanding better security and scalability for building DApps. But now, ‘EtherLite Foundation’ has come up with a solution to the above problem by excluding the issues and getting benefited from Ethereum’s existing infrastructure, and provides a stable and sustainable blockchain ecosystem. In compliance with EU Laws, the ‘EtherLite Foundation’, is now distributing utility tokens in the form of EtherLite (ETL). ETL kick-started its launch with a massive airdrop from May 01 till May 15. Now, Initial Bonding Curve Offering (IBCO) is ongoing till June 30 and this Initial Coin Offering (ICO) will later be listed for public trading on International exchanges on July 01 this year.  [Read More]( You Might Like     [Learn more about RevenueStripe...]( Connect with FeedBinary on social media [Facebook]( [Twitter]( [Linkedin]( You received this email because you operate or create content for a website/service and based on your website it seemed like this could be important information to you and your users. This newsletter is managed by [Postbox Consultancy Services Pvt. Ltd](.C-4/5, IBD Emporia, Kolar Road, Bhopal, Madhya Pradesh, INDIA, 462042 Want to change how you receive these emails? [Update your preferences]( or [Unsubscribe]( Â