The popularity of Dogecoin is speculated to have been fueled by tech billionaire Elon Musk's announcement in May that Tesla, an electric vehicle firm, may accept Dogecoin as a mode of payment. Musk has been a staunch promoter of meme coins.
BitConnect, its founder Satish Kumbhani, and Glenn Arcaro, who was BitConnect's principal promoter in the United States, were sued by the Securities and Exchange Commission in September.
At the ancient Alcoa complex, over 11,000 computers hum 24 hours a day, performing billions of calculations every second to help run the Bitcoin network.
The unemployment rate in the restaurant industry fell to 7% in September, while food services and drinking establishments added near 120,000 new jobs during the month.
Deora’s comments come as Paytm prepares for to launch an initial public offering (IPO). The IPO, is expected to take the company’s valuation to $20 billion.
Chingari, a short video app, announced on Thursday that its first-ever crypto token, 'GARI,' raised $40 million in the first 24 hours of its Republic platform live sale.