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2024-04-29

Popular crypto exchanges(2023 Update) 2024-04-29
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Source: AdobeStock / CanvaLeading global cryptocurrency exchange Gemini has taken significant steps in its Indian expansion strategy by hiring Sachin Ranglani, a former senior vice-president of product management at fintech giant Paytm, as the head of operations for its Indian subsidiary.Sachin Ranglani brings a wealth of experience from his tenure at Paytm, where he worked for approximately three years. Prior to his role at Paytm, Ranglani held positions at well-known tech companies, including Uber, Amazon, and Infosys. In September, he assumed the position of Vice President and India Head at Gemini, as indicated on his LinkedIn profile.This strategic move by Gemini aligns with its earlier announcement of expanding its engineering center to India's Gurgaon city, located near the national capital, Delhi. The company's global chief technology officer, Pravjit Tiwana, revealed in September that the Indian engineering center would play a pivotal role in driving Gemini's growth in the years ahead.Gemini's entry into the Indian market follows a $24 million investment aimed at strengthening its presence and operations in the country. With Sachin Ranglani at the helm of its Indian subsidiary, Gemini is poised to make significant strides in the Indian cryptocurrency space.Gemini's Gurgaon Branch is set to Expand, Aiming for Over 100 Staff by 2023 and 200 by 2024Gemini's Gurgaon branch, currently employing over 70 professionals, is set to expand significantly, with plans to exceed 100 staff members by the end of 2023. This figure is expected to grow to 200 by the close of 2024, according to Pravjit Tiwana, the company's global chief technology officer.The exchange is actively seeking individuals for various roles, including software engineers, technical product managers, people operations, and talent acquisition staff, as well as finance, support, and compliance positions.The Gurgaon team plays a crucial role in compliance, data pipelines, warehousing, security, and payments. Sachin Ranglani, in his capacity as head of operations, will lead this team, overseeing the execution of Gemini's go-to-market strategy, establishing vital relationships with stakeholders, and driving user growth in India.This strategic move further underscores Gemini's commitment to establishing a solid foothold in the rapidly evolving Indian cryptocurrency market.On its website, Gemini says:"We have deep respect and admiration for India's tradition of engineering excellence and view India as a hotbed for bar-raising technology talent." They also added that "Our Gurgaon office will be the second largest Gemini engineering hub behind the United States and complement our existing offices in the United States, the United Kingdom, Ireland, and Singapore." Gemini Makes Strategic INR 200 Crore Investment in Indian Market ExpansionIn a significant move toward market expansion, global cryptocurrency exchange Gemini has announced plans to invest INR 200 crore (approximately $24 million) over the next two years in the Indian market. While the exchange is not launching its products in India at this time, it is closely monitoring the regulatory landscape in the country. Gemini believes that India will play a pivotal role in creating an innovative ecosystem for the broader Web3 and crypto communities.The newly established Gurgaon office will be integral to the company's global engineering, design, and operations. It will contribute significantly to the development of products and services for customers across more than 70 countries. Sachin Ranglani, known for his extensive experience in developing and launching new products and features for Paytm's vast user base of over 350 million, will lead the Gemini Gurgaon office.Gemini's substantial investment in its India engineering center underscores the company's dedication to innovation and growth. The Gurgaon team is poised to play a crucial role in realizing Gemini's vision of becoming the world's most trusted and reliable cryptocurrency exchange.Pro-Crypto Advocate RFK Jr. Shifts to Independent Presidential Campaign – What Does That Mean for The Industry? 8. Bull How to buy Tethe (USDT) ? Step by ...The key driver behind this surge was a remarkable 508% increase in their installed hashrate, rising from 3.8 exahashes per second (EH/s) in September 2022 to an impressive 23.1 EH/s. Marathon Digital's CEO, Fred Thiel, expressed satisfaction in reaching their goal of 23 exahashes on an installed basis and revealed plans to expand into locations with low-cost renewable energy sources to further boost their mining capacity. The general optimism explaining rising open interest could be due to the recent approval of Ethereum Futures exchange-traded funds (ETFs). The United States Securities and Exchange Commission (SEC) approved multiple Ethereum Futures ETFs for the first time.

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DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.OK Group sunsets ‘Okcoin’ for a global transition to ‘OKX’ Before Circle’s announcement of its native Polygon USDC offering, users of the protocol had to make use of bridge USDC (USDC.e) from the Ethereum blockchain. The token is not issued by Circle, as opposed to its new offering that it assures will be redeemable at a 1:1 ratio for US dollars. Crypto & Digital Currencies - Mastercard Data & ServicesThe SEC’s position that certain digital assets are investment contracts under the test is “well within the bounds of established law,” NASAA said. Cryptocurrency

— Bitfinex'ed 🔥🐧 Κασσάνδρα 🏺 (@Bitfinexed) October 3, 2023 Altcoins will dump in coming weeks, but what follows from there is big alt season. 2024 will be life changing. pic.twitter.com/ehl3Cvqi9w— ᴀʟᴛꜱᴛʀᴇᴇᴛ ʙᴇᴛꜱ (@AltstreetBet) October 9, 2023 Affordable "usdt" For SaleIn GameFi, gaming tokens and coins play a crucial role. They serve as the currency within the game’s ecosystem, allowing players to buy, sell, or trade in-game assets. Gaming tokens and coins can be earned by completing certain tasks or challenges within the game, incentivizing players to engage more with the game. However, on the third day of the past week, BTC reached its maximum value of $28,227. Its lowest price of $27,260 was reached on the first day itself. At press time, BTC is trading at  $27,533.86 after a decrease of 0.07% during the last week.

— 🙂🙂🙂.eth (@cyounessi1) May 13, 2022 “[W]hile many of you crypto-natives might know a bit of it, the rest of the “normie” population out there *still* does not,” the filmmaker wrote on X.A16z gets ‘digi-physical’ with $17M funding for IYK This is how the top cryptocurrencies performed in 2021These dApps can enjoy benefits such as efficient liquidity utilization, coherent application logic, and shared states across different blockchain platforms. Meanwhile, users of Celer-enabled dApps will experience the simplicity of a single-transaction user experience while accessing the diverse multi-blockchain ecosystem. The hacker stole millions of crypto from FTX and then converted them to approximately 180,000 ETH. As reported by U.Today on Friday, this exploiter managed to convert 76,636 ETH into tBTC through Threshold Network after ThorSwap halted operations so as not to allow the hacker to do the same.


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