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Indian crypto exchange WazirX struggles to recover funds 60 days after hack
19.9.2024
WazirX’s $235 million hack recovery efforts face hurdles as internal findings yield little to no significant breakthroughs.
Indian Crypto Exchange Wazirx Updates on Major Multisig Wallet Hack
18.7.2024
Indian cryptocurrency exchange Wazirx has provided an update on the over $230 million security breach in its multisig wallet, which involved Liminal’s custody services. The exchange detailed the incident and ongoing recovery efforts, promising transparency and further updates. “We have...
Indian Crypto Exchange Wazirx Suspends Withdrawals Amid $230M Security Breach
18.7.2024
Indian crypto exchange Wazirx has announced a security breach affecting one of its multisig wallets, resulting in the theft of over $230 million. Cryptocurrency and INR withdrawals have been halted as the team investigates the incident, with blockchain investigators Zachxbt and Mudit Gupta offering...
Indian Crypto Exchange Hack Sends SHIB, WRX Tumbling as Bitcoin, Tether Trade at Massive Discount
18.7.2024
Most coins, including market leader bitcoin and USDT, are trading at a significant discount on WazirX
Indian crypto exchange falls victim to $235M hack
18.7.2024
WazirX’s Safe Multisig wallet on Ethereum was compromised, with funds moved and converted to Ether
Indian Crypto Exchange Coindcx Going Global With Bitoasis Acquisition
3.7.2024
Indian crypto exchange Coindcx is expanding globally by acquiring the Middle Eastern digital asset platform Bitoasis. This strategic move enhances Coindcx’s presence in the Middle East and North Africa (MENA) region while allowing Bitoasis to retain its branding and leadership, signaling...
Indian Crypto Exchange CoinDCX Acquires BitOasis
3.7.2024
The acquisition will provide a boost to BitOasis' plans to expand its presence across the region
Indian Crypto Exchange CoinDCX’s DeFi Arm Okto to Launch Blockchain and OKTO Token
14.5.2024
Indian crypto exchange CoinDCX has expanded what started as the Okto wallet into an Okto ecosystem, which will include launching a blockchain and a token soon, and a points program starting Tuesday, to give global users a single-click mobile experience while traversing the Web3 space,...
CoinSwitch Becomes First Indian Crypto Exchange to Surpasses 20 Million Registered Users
6.3.2024
CoinSwitch has become the first Indian crypto exchange to surpass 20 million registered users.
The post CoinSwitch Becomes First Indian Crypto Exchange to Surpasses 20 Million Registered Users appeared first on Cryptonews
BuyUcoin Announces Zero Fee Transfer From Offshore Exchanges Amid Ongoing Crackdown in India
15.1.2024
Indian crypto exchange BuyUcoin has announced that it will now reimburse the entire withdrawal fees for local users transferring their assets from offshore exchanges amid ongoing crackdown. The FIU-IND, a unit of the Finance Ministry, recently issued show cause notices to numerous offshore crypto...
Indian Crypto Exchange CoinSwitch Cuts Support Team, Citing Market Doldrums
29.8.2023
The crypto investment platform laid off 44 people, or nearly 7% of its employees, about three weeks ago
Indian Crypto Exchange CoinDCX Lays Off 12% of Staff Citing Prolonged Bear Market and TDS
22.8.2023
Indian Crypto exchange CoinDCX, backed by Coinbase Ventures, fired 12% of its workforce on Tuesday, citing ongoing macroeconomic conditions and the TDS on crypto transactions.
The company clarified that it is the first time CoinDCX is laying off employees. Earlier in Jan, it announced an internal...
Indian Crypto Exchange CoinDCX Is Cutting 12% of Jobs as Bear Market, Taxes Take Their Toll
22.8.2023
As many as 71 people are losing their jobs
Indian Crypto Exchange BitBNS Says Law Enforcement Advised Against Making Hack Public
2.3.2023
Indian Crypto Exchange BitBNS didn't make a hack worth $7.5 Million on February 1, 2022 public to its users and instead told them it was "system maintenance" because "law enforcement" authorities advised them against it
Indian Crypto Exchange Wazirx Calls Binance’s Allegations ‘False and Unsubstantiated’ — Seeks Recourse
9.2.2023
Indian crypto exchange Wazirx has denied the allegations made by Binance regarding the relationship between the two crypto exchanges. Emphasizing that the allegations “are false and unsubstantiated,” Wazirx stressed. “As far as Binance’s actions are concerned, we are taking...
Binance Says Indian Crypto Exchange Wazirx Can No Longer Use Its Wallet Services
4.2.2023
Binance has announced that Indian crypto exchange Wazirx can no longer use Binance wallet services. Zanmai, the operator of Wazirx, has until Feb. 3 “to remove the funds from the accounts that they used for Wazirx’s operations.” The move followed a public dispute regarding...
Binance severs ties with Indian crypto exchange WazirX
3.2.2023
According to the announcement, WazirX has until the end of the day UTC on Feb. 3 to withdraw all remaining funds it stores in Binance wallets
Binance Tells Indian Crypto Exchange WazirX to Withdraw Customer Assets Held in Its Wallets
3.2.2023
The solution ostensibly ends worries about what would happen to customer funds if Binance and WazirX end their collaboration
Indian Crypto Exchange Giottus Says It Will Provide Proof of Reserves, While Rivals Remain Silent
10.11.2022
While lesser-known, Giottus is among the top 10 cryptocurrency exchanges in India
Indian Crypto Exchange WazirX Lays Off 40% of Workforce
3.10.2022
Major Indian crypto exchange WazirX has laid off about 40% of its employees, citing a fall in trading volumes due to the bear market and the regulatory climate in India.
Local news outlet the Economic Times reports that the figure equates to around 50 to 70 employees of the exchanges around...