In a Bitcoin-related drug bust, an Indian crypto king has been arrested.

The Narcotics Control Bureau Mumbai Zone nabbed Makarand P Adivirkar, a Mumbai resident, for allegedly facilitating the purchase of drugs in Bitcoin. According to NCB Mumbai officials, Adivirkar, also known as “Crypto King,” used to take commissions from those who wanted to convert their money into Bitcoin and then buy LSDs (a hallucinogenic drug) and…

Gifting crypto to loved ones this holiday? Educate them first

The mainstream has taken a growing interest in cryptocurrency as the price of Bitcoin (BTC) continues to reach all-time highs. To put this interest into perspective, researchers at the Cambridge Centre for Alternative Finance recently found that 101 million people across the globe currently hold Bitcoin and other digital assets. The report states that in…