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Wazirx to Reverse All Trades Made After Withdrawal Freeze
10.8.2024
Indian crypto exchange Wazirx has decided to reverse all trades made after withdrawals were halted following the recent cyberattack. The exchange announced that this process will take place over the next few days, with all users’ portfolio balances on the platform being restored to their July...
Coindcx Urges Wazirx to Reconsider Passing 45% Losses to Customers
30.7.2024
The CEO of Indian crypto exchange Coindcx has criticized Wazirx’s approach in response to a recent $230 million cyberattack. Urging Wazirx to take responsibility, he stressed: “Making customers directly absorb the 45% losses is utter nonsense.” Wazirx is working to recover...
WazirX Surveys Users on Recovery Options After $230M Hack, Leaves Customers and Industry Players Fuming
29.7.2024
Indian cryptocurrency exchange WazirX is facing industry and customer heat for its "Withdrawal Management Programme: Opinion Poll" in the aftermath of the $230 million hack, 45% of its user funds, it suffered earlier this month
Trust is key to crypto exchange sustainability — CoinDCX CEO Sumit Gupta
13.1.2023
With all eyes on crypto exchanges, rebuilding trust — through increased transparency, safety and effective policies — has become the top agenda for entrepreneurs worldwide
YouTube Star Dr Disrespect's NFT Game Is Charging Players To Playtest
11.7.2022
The democratization of game development has long been touted as a fresh, original idea, each and every time a developer does it. From releasing daily public builds to frequently updated Early Access editions, it’s been done many times for many years. The difference with Dr “Herschel Beahm...
Bitcoin Tops $11,000 Reigniting Interest in India
30.7.2020
A resurgent bitcoin is rekindling Indian interest in cryptocurrencies with reports suggesting many dormant holders are back to trading. A report in Livemint is also attributing the piqued interest to a recent Indian supreme court decision to overturn a prohibition that barred banks from dealing...
The Next Big Step by CoinDCX; Sumit Gupta Elaborates on the Move!
26.5.2020
After the long-fought legal battles, India now sees a brighter future in the crypto industry. Great things seem to be ahead for the Indian crypto industry. The Indian crypto industries and exchange platforms are making remarkable approaches to stand out in the crypto market. CoinDCX is one such...
CoinDCX CEO Sumit Gupta Reflects on Crypto Ban in India
29.1.2020
The RBI vs. Crypto hearings at the Supreme Court of India drew to an end after heated arguments and a judgment is anticipated to be declared soon. Ashim Sood, counsel for IAMAI, and Nakul Dewan, counsel representing crypto exchanges CoinDCX, Koinex, Throughbit, and CoinDelta, presented a strong...