CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which one has become the first Indian cryptocurrency exchange to enter the unicorn club?
A
NCX
B
SENSEX
C
CoinDCX
D
BSE
Explanation: 

Detailed explanation-1: -CoinDCX Is India’s First Crypto Unicorn; Raises $90 Mn Funding.

Detailed explanation-2: -CoinDCX has become India’s first cryptocurrency unicorn following a $90 million fundraise.

Detailed explanation-3: -The first of everything is a historic and special moment. Joining the list of these firsts is India’s own cryptocurrency. It’s called GanderCoin, so let’s take a gander and see what it’s all about.

Detailed explanation-4: -The 2018 RBI ban had also impacted CoinSwitch’s rival CoinDCX, which went on to become India’s first crypto unicorn in August 2021. The story goes that IIT Bombay alumni Sumit Gupta and Neeraj Khandelwal had a plan to provide cryptocurrency trading for investors through CoinDCX.

Detailed explanation-5: -It was completely unknown to the general public. In 2009, the first exchanges that were made were purely to testing mode and without a specific market value. The first recognized transaction between two people occurred on January 12, 2009 between Satoshi Nakamoto y Hal Finney, a developer and crypto activist.

There is 1 question to complete.