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<ul class="summary-list"><li>Prices of <keyword id="4521522" type="General" weightage="60" keywordseo="shiba-inu" source="Orion">shiba inu</keyword>, <keyword id="1985091" type="General" weightage="60" keywordseo="dogecoin" source="Orion">dogecoin</keyword>, <keyword id="6354947" type="General" weightage="60" keywordseo="bitcoin" source="Orion">bitcoin</keyword>, and tether dropped on a popular <keyword id="2721952" type="General" weightage="60" keywordseo="crypto" source="Orion">crypto</keyword> exchange in <keyword id="3658" type="General" weightage="60" keywordseo="india" source="Orion">India</keyword>.</li><li>The declines came as the country mulls a crackdown on private cryptocurrencies.</li></ul>Cryptocurrencies dropped in India Wednesday morning as the country mulled a crackdown on digital assets — and its opened up opportunities for witty investors. According to a <a href="https://www.bloomberg.com/news/articles/2021-11-24/a-huge-arbitrage-opportunity-has-just-opened-up-in-crypto">Bloomberg article</a>, shiba inu coin and dogecoin sunk more than 20% on the WazirX crypto exchange in India while on Binance and Kraken, they were relatively unaffected. Bitcoin, for its part, dropped 14% on WazirX and just 0.5% on Binance, the article said. Tether, a stablecoin, also sunk on the exchange while remaining steady elsewhere, <a href="https://www.coindesk.com/markets/2021/11/24/stablecoin-tether-crashes-on-indian-exchanges-traders-buy-the-dip/">Coindesk reported</a>. <cmsannotation type="cmsannotation" annotationid="wazirx" comment="wazirx" text="wazirx">wazirx</cmsannotation> A <a href="http://loksabhadocs.nic.in/bull2mk/2021/23.11.21.pdf">proposed law</a> in India is seeking to ban all private cryptocurrencies, likely causing the price declines on the local exchanges. The price drops opened up an opportunity for investors to buy the dip and profit elsewhere. According to CoinDesk's report, <keyword id="154331" type="General" weightage="60" keywordseo="arbitrage" source="Orion">arbitrage</keyword> opportunities in India are mainly helpful for small-time investors because bigger market makers avoid the country for lack of regulatory clarity. But the trick was figuring out how to transfer funds to a different exchange after purchasing the assets at a lower cost, <keyword id="29740" type="General" weightage="60" keywordseo="bloomberg" source="Orion">Bloomberg</keyword> said. And it's not easy. WazirX <a href="https://twitter.com/WazirXIndia">tweeted out</a> that it was experiencing trading delays in the app, and frustrated users responded that they could not move their crypto. Several hours later the company said the problem was fixed. "We'd like to reiterate that WazirX has an open order book and doesn't determine or control the price of any crypto on the exchange," the platform said in a tweet. "There will always be a difference from exchange to exchange, country to country, etc. depending on the demand and supply." Crypto arbitrage opportunities have been well documented, as the prices can vary between exchanges. <a href="https://www.businessinsider.com/bitcoin-cryptocurrency-arbitrage-2017-11">A 2017 Insider article</a> noted the issue stems from the market being "diffused, unregulated, and disjointed."

Crypto prices are plummeting in India as the country mulls ban on digital assets — and its creating an opportunity for savvy investors

Best Wi-Fi routers under ₹1500 in India for 2023

<ul class="summary-list"><li>The Sichuan provincial authority cut power to 26 mining facilities over the weekend.</li><li><keyword id="6354947" type="UNKNOWN" weightage="60" keywordseo="bitcoin">Bitcoin</keyword>'s "hash rate," a measure of network health, reacted by falling sharply.</li><li>According to data from BTC.com, mining activity appeared to move away from China in the wake of the Sichuan order.</li></ul>China's <a href="https://markets.businessinsider.com/currencies/news/bitcoin-price-btc-china-mining-crackdown-sichuan-cryptocurrencies-ether-2021-6-1030538480">campaign to rein in crypto</a> continued to ripple through the bitcoin network, sending the price of the largest cryptocurrency by market capitalization down 8% on Monday morning. While Beijing's crackdown on digital assets has been mounting for weeks, last Friday the Sichuan provincial government cut power to <a href="https://wazirx.com/signup?invite=2kpah6gr&amp;utm_source=business-insider&amp;utm_medium=referral&amp;utm_campaign=microsite" id="docs-internal-guid-48798319-7fff-68b6-4cb7-d7846f34ef5f">crypto</a>-mining operations via the province's state-owned utility. The move, which came into full enforcement Sunday, prompted a broad crypto sell-off amid talk of <a href="https://www.reuters.com/technology/chinas-crypto-crackdown-speeds-shift-central-asia-north-america-mining-2021-05-26/">relocating mining rigs</a> to central Asia and North America. Five visuals help tell the story of China's crypto crackdown and the market's reaction. <h3>Bitcoin's price has plunged 20% in the last week</h3>After piercing $40,000, <a href="https://wazirx.com/signup?invite=2kpah6gr&amp;utm_source=business-insider&amp;utm_medium=referral&amp;utm_campaign=microsite" id="docs-internal-guid-762c0bc4-7fff-4a06-abe7-13e5dbd784e2">bitcoin</a>'s price began to ease midway through last week, partly on forecasts of earlier rate hikes from the Fed. But the gradual retreat accelerated on Friday as <keyword id="31671" type="CITY" weightage="100" keywordseo="markets">markets</keyword> digested news of the Sichuan order. <h3>Bitcoin's "hash rate" fell sharply as Chinese mining power was booted offline</h3> <div type="image" title="Bitcoin hash rate falling" height="810" width="1440" msid="83724560" hostid="261"></div> Bitcoin's "hash rate," a measure of how much computing power is supporting the network, dropped sharply over the weekend to a seven-month low. The chart above from <a href="https://www.blockchain.com/charts/hash-rate">Blockchain.com</a> shows the hash rate's seven-day moving average, suggesting the weekend dip follows several weeks of decline. That coincides with reports of Beijing's escalating pressure campaign against crypto-mining facilities. On June 9, for instance, the Xinjiang provincial government <a href="https://www.theblockcrypto.com/post/107707/xinjiang-bitcoin-miner-shut-crackdown-china">shut down several miners</a> in an important regional crypto hub. A robust hash rate is vital to the bitcoin security protocol that prevents any double-spending, and is generally seen as an indication of network health. <h3>The global distribution of <keyword id="1660859" type="PERSON" weightage="60" keywordseo="bitcoin-Mining">bitcoin mining</keyword> activity seems to have shifted away from China</h3> <div type="image" title="Hash rate rankings for Chinese mining pools" height="843" width="946" msid="83724561" hostid="261"></div> Activity from big Chinese mining collectives, known as pools, appears to have fallen in the wake of the Sichuan order. The data above, which come from BTC.com and were first <a href="https://www.theblockcrypto.com/post/109030/chinese-bitcoin-mining-pools-hash-rate-plunge-sichuan-shutdown">noted by The Block</a>, show all the major China-linked pools suffering steep hash rate falls on June 19 - a day after the Sichuan crackdown was announced. Beijing-based AntPool's hash rate fell nearly 20%, whereas the biggest American pool, New York-based Foundry USA, was down just over a percentage point. <h3>The Sichuan crackdown coincided with a 13% drop in total crypto market cap</h3> <div type="image" title="Crypto market cap" height="550" width="800" msid="83724562" hostid="261"></div>Most coverage of China's harsher tack has focused on bitcoin, but the broader crypto market has not been spared. Per CoinMarketCap, the value of the entire cryptocurrency market is down 13% from June 18, wiping out some $200 billion in value. The 13% decline figure also holds if you exclude bitcoin, which currently makes up about 45% of the total crypto market. <h3>High correlation means few crypto safe havens during the sell-off</h3> <div type="image" title="Crypto correlations" height="456" width="608" msid="83723406" hostid="261"></div> Major <keyword id="2420795" type="PERSON" weightage="60" keywordseo="cryptocurrencies">cryptocurrencies</keyword> are falling into line as the market has begun to sell off. According to data from LongHash, nine of the most prominent cryptocurrencies - including ethereum, ripple, and bitcoin cash - have all become correlated with each other, making it difficult for investors to hedge one crypto bet with another. The one exception is Tether, a stablecoin pegged to the dollar. <a href="https://forum.businessinsider.in/">For a more in-depth discussion, come on over to Business Insider Cryptosphere</a> — a forum where users can deep dive into all things crypto, engage in interesting discussions and stay ahead of the curve. SEE ALSO: <a href="https://www.businessinsider.in/cryptocurrency/news/trading-on-crypto-exchanges-based-outside-of-india-may-get-more-expensive/articleshow/83747213.cms">India is reportedly mulling over a new crypto tax which could make trading on foreign exchanges more expensive</a> <a href="https://www.businessinsider.in/cryptocurrency/news/indian-crypto-exchanges-are-eyeing-more-industry-bodies-to-expand-influence/articleshow/83742929.cms">There’s a new Indian crypto lobby in the making and Zebpay has confirmed its participation</a> <a href="https://www.businessinsider.in/cryptocurrency/news/investments-in-crypto-hit-17-billion-in-the-first-six-months-of-2021/articleshow/83740327.cms">Investments in crypto hit a new record of $17 billion, but Indian funds are yet to jump on the bandwagon</a>

Cryptocurrencies are being battered by new restrictions in China. Here are 5 visuals illustrating the country's crypto crackdown.

<ul><li>More than 51 per cent of the total <keyword id="6354947" type="General" weightage="100" keywordseo="bitcoin" source="Orion">Bitcoin</keyword> trading volume on various <keyword id="2721952" type="General" weightage="20" keywordseo="crypto" source="Orion">crypto</keyword> exchanges this year is fake.</li><li>According to data provided by niche news publisher BanklessTimes.com, the majority of this fake Bitcoin volume is due to wash trading.</li><li>According to the report, faking trading volume can be a way for exchanges to attract new customers.</li></ul>More than 51 per cent of the total Bitcoin trading volume on various crypto exchanges this year is fake amid volatile global economic conditions, a new report has claimed. Bitcoin is the blue chip of cryptocurrency and represents 40 per cent of the total crypto assets outstanding in the new and volatile crypto markets. Its market cap is currently at 382.25 billion. According to data provided by niche news publisher BanklessTimes.com, the majority of this fake Bitcoin volume is due to wash trading. Wash trading is illegal, where an asset is bought and sold simultaneously on the same platform to create false liquidity. This is often done by bots or spoofing orders. "It's difficult to talk about cryptocurrency without talking about Bitcoin. Yet, there is a concern that a large part of the daily traded volume of Bitcoin is fake. This puts into question the legitimacy of exchanges and the reliability of data," said Jonathan Merry, CEO of BanklessTimes. Another factor contributing to the fake volume is stablecoins such as Tether (USDT).A Tether pairs very well with Bitcoin and is often used to buy and sell Bitcoin on exchanges. "This results in much volume being generated without any actual Bitcoin changing hands," said the report. According to the report, faking trading volume can be a way for exchanges to attract new customers. By appearing to be more popular than they actually are, exchanges can trick investors into thinking there is more activity and liquidity on their platform. Another reason people might engage in wash trading is to prop up the price of a particular asset, according to the report. By buying and selling the asset simultaneously, they can create the illusion of demand and drive up the price. This can be done for personal gain or artificially inflate an asset's price before selling it. "Investors should be wary of exchanges that report false figures. You must do your research and only use exchanges you trust," the report suggested. SEE ALSO: <a href="https://www.businessinsider.in/business/news/whatapp-business-gives-a-new-lease-of-life-to-solopreneurs-across-india-and-bharat/articleshow/94673370.cms">WhatsApp Business gives a new lease of life to solopreneurs across India and Bharat</a> <a href="https://www.businessinsider.in/business/news/indias-service-sector-activity-falls-to-6-month-low-in-sep-amid-inflation-competition-pmi/articleshow/94675187.cms">India's service sector activity falls to 6-month low in Sep amid inflation, competition: PMI</a>

More than half of Bitcoin volume on crypto exchanges fake: Report

<ul class="summary-list"><li><keyword id="11909001" type="UNKNOWN" weightage="60" keywordseo="wheat" source="Orion">Wheat</keyword> futures surged on Monday after second largest producer India banned <keyword id="12534666" type="UNKNOWN" weightage="60" keywordseo="exports" source="Orion">exports</keyword> following a heatwave.</li><li>The price jumped 4.36% to $12.28 a bushel, its highest in two months.</li></ul>Wheat prices surged on Monday after <a href="https://www.businessinsider.com/india-bans-wheat-exports-says-ukraine-war-threatens-food-security-2022-5">India banned exports</a> of the crop due to a heatwave and rising domestic prices.India's Directorate General of Foreign Trade said in a notice on Friday that it would stop new shipments of wheat immediately but still allow exports to countries in need to help maintain their food security.<a href="https://markets.businessinsider.com/commodities/wheat-price">Wheat</a> prices rose 4.36% to $12.28 a bushel on Monday, having risen to as much as $12.74, its highest since mid-March. The export ban from the world's second largest wheat producer is hitting an already tight market, given the supply disruptions from the Russia-Ukraine war.Russia and Ukraine are both major wheat exporters, providing over 25% of global shipments. The war has created global shortages and sent grain prices surging. Ukraine's <keyword id="13948540" type="UNKNOWN" weightage="60" keywordseo="wheat-production" source="Orion">wheat production</keyword> could decline by 35% compared with last year, according to analyst forecasts. "The announcement comes as a major surprise to the market as the country previously indicated a push for higher exports after supply losses from Ukraine pushed up prices in the global market," strategists at ING said. "In fact, India was one of the few countries where the USDA was expecting <keyword id="13948541" type="UNKNOWN" weightage="60" keywordseo="wheat-exports" source="Orion">wheat exports</keyword> to increase and help fill the supply gap."India is not a big exporter of wheat. Together with China and Russia, it account for over 40% of total global wheat <keyword id="22637" type="UNKNOWN" weightage="60" keywordseo="production" source="Orion">production</keyword>. Yet most of India's crop is consumed domestically. Analysts had expected it to partially offset shortfalls from Ukraine.A scorching heat wave, with temperatures up to 45C, has drastically impacted domestic crop production and sent food prices jumping, adding to food security concerns, analysts said."India's export ban betrays the underlying stress that resides in the commodity space," Neil Wilson, chief <keyword id="11893875" type="UNKNOWN" weightage="100" keywordseo="markets" source="Orion">markets</keyword> analyst at Markets.com, said. Poor weather conditions and the fallout from Russia's invasion of Ukraine have roiled global <keyword id="13232200" type="UNKNOWN" weightage="60" keywordseo="commodity-markets" source="Orion">commodity markets</keyword> and hit countries around the world, with production of crops like wheat set to fall."Last week, the USDA lowered its forecast for US wheat production by more than expected, while war-hit Ukraine could see its production and exports slump to the lowest since 2012/13," Saxo Bank's strategy team said. "In addition, European growers have already been struggling with warm and dry weather this early in the season."Indian officials said the ban is temporary and may be reversed. Some neighbouring countries would still get wheat exports. Read more: <a href="https://www.businessinsider.com/crypto-crash-bitcoin-tether-dollar-reserves-stablecoin-investing-cramer-roubini-2022-5" target="_blank" rel="noopener noreferrer">5 times Tether's dollar reserves have been questioned — and how the stablecoin's drop could affect the plummeting crypto market</a>

Wheat soars more than 4% to two-month highs after world's second largest producer India bans exports

Best budget Wi-Fi routers for home in India

Led by <keyword id="6354947" type="LOCATION" weightage="20" keywordseo="bitcoin">Bitcoin</keyword>, the global <a href="https://wazirx.com/signup?invite=2kpah6gr&amp;utm_source=business-insider&amp;utm_medium=r[…]nnel=Business%20Insider&amp;af_adset=article&amp;af_force_deeplink=true" data-type="tilCustomLink">cryptocurrency</a> market has zoomed past $2 trillion in market capitalisation amid a surge in institutional demand. <a href="https://wazirx.com/signup?invite=2kpah6gr&amp;utm_source=business-insider&amp;utm_medium=r[…]nnel=Business%20Insider&amp;af_adset=article&amp;af_force_deeplink=true" data-type="tilCustomLink">Bitcoin</a> alone has contributed more than $1 trillion after its price more than doubled in 2021 and is currently hovering around $57,000 per digital coin. The other key <keyword id="2420795" type="PERSON" weightage="20" keywordseo="cryptocurrencies">cryptocurrencies</keyword> -- Ethereum, Binance Coin, Polkadot, Tether and Cardano -- have a combined value of about $422 billion. The electric car company Tesla has announced to start accepting Bitcoin as payment. Tesla has already invested $1.5 billion in Bitcoins. Tesla CEO <keyword id="6355315" type="COMPANY" weightage="20" keywordseo="elon-musk">Elon Musk</keyword> said late last month that people in the US can now buy a Tesla with Bitcoins, and the option to pay with the popular <a href="https://wazirx.com/signup?invite=2kpah6gr&amp;utm_source=business-insider&amp;utm_medium=r[…]nnel=Business%20Insider&amp;af_adset=article&amp;af_force_deeplink=true" data-type="tilCustomLink">cryptocurrency</a> will be available to <keyword id="2386915" type="PERSON" weightage="20" keywordseo="other-countries">other countries</keyword> later this year. According to Shivam Thakral, CEO, BuyUcoin, the digital assets have beaten every other asset class as Bitcoin and Ethereum have grown 100 per cent and 190 per cent this year, respectively. "The growing global support for crypto industry is not surprising as think tanks/institutions across the globe have realised the importance of digital assets and want to take first mover advantage. There is no other asset class in the world which can provide such a strong hedge against inflation," Thakral said in a statement on Wednesday. In <keyword id="3658" type="LOCATION" weightage="20" keywordseo="India">India</keyword>, with Union Finance Minister Nirmala Sitharaman saying that all windows on cryptocurrencies will not be closed down, industry stakeholders last month said that a positive move at this point can unleash a host of opportunities for the country. India's leading cryptocurrency players, represented by IAMAI (Internet and <keyword id="592650" type="COMPANY" weightage="20" keywordseo="Mobile-Association-of-India">Mobile Association of India</keyword>) have appealed to the government of India not to ban cryptocurrency, saying that a robust mechanism to regulate the ecosystem is needed. The government has listed the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 for introduction, consideration and passing in the current session of Parliament. Reports indicate that India probably aims to launch its own digital currency i.e. Central Bank Digital Currency (CBDC). This measure will be in line with many central banks which have begun planning to issue their own digital currencies. <a href="https://forum.businessinsider.in/">For a more in-depth discussion, come on over to Business Insider Cryptosphere</a> — a forum where users can deep dive into all things crypto, engage in interesting discussions and stay ahead of the curve. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/cryptocurrency/news/one-third-of-indians-hold-cryptocurrencies-and-youngsters-are-leading-the-charge/articleshow/85364856.cms">One third of Indians hold cryptocurrencies and youngsters are leading the charge, according to a new report</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/cryptocurrency/news/cricket-is-jumping-on-the-nft-bandwagon-heres-how-fans-can-splurge-on-digital-collectibles-in-the-sporting-world/slidelist/85302503.cms#slideid=85302611">Cricket is jumping on the NFT bandwagon — here’s how fans can splurge on digital collectibles in the sporting world</a>

Global crypto market crosses $2 trillion, bitcoin accounts for over 50% of the market cap

<a href="http://markets.businessinsider.com/currencies/XRP-USD"><div class="KonaFilter image-container display-table"><div><div class="image on-image"><a href="http://markets.businessinsider.com/currencies/XRP-USD">Markets Insider</a></div></div></div></a><ul><li>Ripple's <a href="http://markets.businessinsider.com/currencies/XRP-USD">XRP</a> cryptocurrency has lost 28% of its value this week.</li><li>Most cryptocurrencies have <a href="http://www.businessinsider.com/bitcoin-ethereum-ripple-prices-fall-on-february-2-as-100bn-wiped-off-crypto-market-2018-2?r=UK&amp;IR=T">seen major selloffs this week</a> thanks to re-ignited fears of regulation.</li><li><a href="http://markets.businessinsider.com/currencies/XRP-USD">Follow XRP's price in real time here&gt;&gt;</a></li></ul> <a href="http://markets.businessinsider.com/currencies/XRP-USD">Ripple's XRP cryptocurrency</a> is tumbling alongside most major coins, falling more than 32% to a low of $0.742 early Friday morning, it's lowest levels since December.At the same time, <a href="http://markets.businessinsider.com/currencies/BTC-USD">bitcoin</a> - still easily the largest and most well-known cryptocurrency - also fell to its lowest point in months, briefly falling well below $8,000.<a href="http://markets.businessinsider.com/currencies/cryptocurrencies"></a><a href="http://markets.businessinsider.com/currencies/cryptocurrencies">Other cryptocurrencies are registering similarly steep declines.</a> In fact, the market value of all main cryptocurrencies in circulation has dropped from just under $500 billion to around $400 billion in the last 24 hours, <a href="https://coinmarketcap.com/charts/">as this chart from CoinMarketCap.com shows:</a><div class="KonaFilter image-container display-table"><div><div class="image on-image">Coinmarketcap.com</div></div></div>Market capitalization <a href="http://uk.businessinsider.com/why-its-inaccurate-to-measure-cryptocurrencies-by-their-market-caps-2018-1">is an inexact measure of cryptocurrencies</a>, as Business Insider has previously reported, but it at least gives a good idea of the scale of the current sell-off.Neil Wilson, a senior market analyst with ETX Capital, says in an email: "The wheels are coming off the bitcoin bandwagon. The regulatory crunch appears closer than ever and sooner or later this market could be headed back down to earth. Selling pressure at the moment is intense as there has been nothing but bad news for bitcoin bulls of late."This week began with news that major exchange Bitfinex and associated cryptocurrency company Tether had been <a href="http://www.businessinsider.com/cryptocurrency-exchange-bitfinex-reportedly-subpoenaed-by-cftc-2018-1">hit with subpoenas from the US Commodities Futures Tading Commission back in December</a>, and made worse when India's finance minister spoke out against cryptocurrencies' use.The Indian government "<a href="https://qz.com/1195316/budget-2018-busts-bitcoin-arun-jaitley-has-just-killed-indias-cryptocurrency-party/">"does not consider cryptocurrencies legal tender or coin and will take all measures to eliminate</a> use <a href="https://qz.com/1195316/budget-2018-busts-bitcoin-arun-jaitley-has-just-killed-indias-cryptocurrency-party/">of these crypto-assets in financing illegitimate activities or as part of the payment system</a>," he told lawmakers in the country.<div>Will Martin and Oscar Williams-Grut assisted with reporting from London.</div>Get the latest Bitcoin price <a href="http://markets.businessinsider.com/currencies/BTC-USD">here.&gt;&gt;</a> <div id="categorypromo" style="border:1px solid silver; min-height:90px; padding:10px;vertical-align:top;"><a href="http://read.bi/bitcoin-101-free"></a>EXCLUSIVE FREE REPORT: The Bitcoin 101 Report by the Business Insider Intelligence Research Team. <a href="http://read.bi/bitcoin-101-free">Get the Report Now »</a></div> <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/microsoft-president-brad-smith-davos-interview-trump-us-cant-get-too-isolationist-2018-1">Microsoft President Brad Smith says the US shouldn't get 'too isolationist'</a></h3> <div> </div> </div>

Ripple's XRP tumbles to its lowest price in months

Fortis Healthcare on Thursday announced that Sputnik V vaccine against Covid-19 will be available at two of its hospitals as part of a limited pilot roll-out from June 19. The two-dose Covid shot will be available at <keyword id="1120186" type="COMPANY" weightage="20" keywordseo="Fortis-Memorial-Research-Institute">Fortis Memorial Research Institute</keyword>, Gurugram and Fortis Hospital, <keyword id="13178" type="PERSON" weightage="20" keywordseo="Mohali">Mohali</keyword>. It will be extended at more Fortis hospitals across 11 cities. The price per dose for Sputnik V (as fixed by the government) including administrative charges is ₹1,145. "Till date, our units were only providing <keyword id="9485939" type="LOCATION" weightage="20" keywordseo="covaxin">Covaxin</keyword> and <keyword id="9617748" type="LOCATION" weightage="20" keywordseo="covishield">Covishield</keyword>. We are pleased to announce that Fortis, in collaboration with Dr Reddy's Laboratories, is among the first to provide a third vaccine option, with the dual objective of expanding and scaling up the vaccination drive and lowering the infection risks to future mutations of the virus," Fortis Healthcare MD and CEO, Dr Ashutosh Raghuvanshi, said, in a statement. "We urge all Indian citizens to vaccinate themselves and help make the drive successful -- only if we get ourselves vaccinated and follow Covid appropriate behaviour, can the chain of infections and community transmission be broken. It is essential that we follow all recommended measures by the government to protect ourselves, our families and loved ones and prevent a possible third wave," he added. Sputnik V is the third vaccine to be cleared for immunisation programme in <keyword id="3658" type="LOCATION" weightage="20" keywordseo="India">India</keyword> after Covaxin and Covishield. Developed by Russia's Gamaleya National Center, Sputnik V uses two different vectors for the two shots in a course of vaccination, providing immunity with a longer duration than vaccines using the same delivery mechanism for both shots. With an efficacy of 91.6 per cent, Sputnik V, released in August last year, became the first vaccine against Covid-19 in the world. SEE ALSO: <a href="https://www.businessinsider.in/tech/enterprise/news/oneplus-officially-announces-its-integration-with-oppo/articleshow/83596714.cms">OnePlus officially announced its integration with Oppo — this is what it could mean for users</a> <a href="https://www.businessinsider.in/careers/news/how-learning-foreign-languages-can-help-you-get-better-jobs/articleshow/83601709.cms">Learning foreign languages can help you get better jobs — here’s how</a> <a href="https://www.businessinsider.in/cryptocurrency/news/chinas-crypto-miners-are-looking-at-texas-amid-the-great-mining-migration/articleshow/83601284.cms">Crypto’s ‘great mining migration’ has Chinese miners looking at Texas</a> <a href="https://www.businessinsider.in/cryptocurrency/news/tether-is-a-cryptocurrency-thats-not-volatile-and-pegged-against-the-us-dollar/articleshow/83604895.cms">Tether is a cryptocurrency that's not volatile and pegged against the US Dollar — here's everything you need to know</a>

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Crypto prices are plummeting in India as the country mulls ban on digital assets — and its creating an opportunity for savvy investors

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Best Wi-Fi routers under ₹1500 in India for 2023

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Cryptocurrencies are being battered by new restrictions in China. Here are 5 visuals illustrating the country's crypto crackdown.

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More than half of Bitcoin volume on crypto exchanges fake: Report

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Wheat soars more than 4% to two-month highs after world's second largest producer India bans exports

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Best budget Wi-Fi routers for home in India

Sourabh Jain

Global crypto market crosses $2 trillion, bitcoin accounts for over 50% of the market cap

IANS

Ripple's XRP tumbles to its lowest price in months

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Fortis Healthcare to roll out Sputnik V COVID-19 vaccine from June 19

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