Indian crypto industry continues to attract foreign funds+Raftaar becomes first Indian artist to accept crypto as fees

Here are the top cryptocurrency news headlines from India this week:<br />Indian crypto industry continues to attract foreign funds even as Indian VCs stay away: <a href="https://economictimes.indiatimes.com/tech/technology/indias-crypto-industry-attracts-foreign-funds-but-local-investors-remain-wary/articleshow/83615324.cms" rel="noopener">https://economictimes.indiatimes.com/tech/technology/indias-crypto-industry-attracts-foreign-funds-but-local-investors-remain-wary/articleshow/83615324.cms</a> ;<br />Rapper Raftaar becomes first mainstream Indian artist to accept crypto as performance fees: <a href="https://www.moneycontrol.com/news/india/rapper-raftaar-is-the-first-indian-artiste-to-accept-cryptocurrency-as-performance-fees-7057721.html" rel="noopener">https://www.moneycontrol.com/news/india/rapper-raftaar-is-the-first-indian-artiste-to-accept-cryptocurrency-as-performance-fees-7057721.html</a> ;<br />15 Banks Form New Company to Process Letters of Credit in India Using Blockchain Technology: <a href="https://www.coindesk.com/india-banks-blockchain-letters-of-credit-new-company" rel="noopener">https://www.coindesk.com/india-banks-blockchain-letters-of-credit-new-company</a> ; DeFi Alliance starts India chapter: <a href="https://medium.com/defi-alliance/announcing-defi-alliance-india-chapter-8f55be4f1177" rel="noopener">https://medium.com/defi-alliance/announcing-defi-alliance-india-chapter-8f55be4f1177</a> ;<br />Indian 'Crypto King' Arrested by Narcotics Control Bureau: <a href="https://news.bitcoin.com/indian-crypto-king-arrested-by-narcotics-control-bureau-wazirx-says-not-our-user/" rel="noopener">https://news.bitcoin.com/indian-crypto-king-arrested-by-narcotics-control-bureau-wazirx-says-not-our-user/</a><br />Tezos launches the second edition of Tezos India Fellowship, apply here: <a href="https://tif2.devfolio.co/" rel="noopener">https://tif2.devfolio.co/</a> ;<br />Polkadot announces winners of its hackathon program;<br />WazirX launches OTC desk for high value traders, learn more: <a href="https://do