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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...
Indian Crypto Exchange WazirX Lays Off 40% of Its Employees: Sources
1.10.2022
Indian Exchange WazirX has laid off 50 to 70 people out of a workforce of around 150, according to people familiar with the matter
India Freezes Bitcoin at Binance Amid Investigation Involving Crypto Exchange Wazirx
30.9.2022
India’s Enforcement Directorate (ED) says it has frozen more than 77.6 bitcoins that were transferred to Binance from Indian crypto exchange Wazirx. The freeze is part of a money laundering investigation into a mobile gaming application. Indian Authority Freezes Bitcoin Held at Crypto...
Indian Authorities Unfreeze Wazirx’s Bank Accounts, the Crypto Exchange Says
13.9.2022
India’s Enforcement Directorate (ED) has unfrozen the bank accounts of cryptocurrency exchange Wazirx, the company said. The accounts were frozen as part of the federal agency’s investigation into 16 fintech companies and instant loan apps. Wazirx Says Its Bank Accounts Are...
Binance CEO Warns ‘We Could Disable Wazirx Wallets’ — Advises Investors to Transfer Funds to Binance
7.8.2022
Binance CEO Changpeng Zhao (CZ) has warned that his company could “disable Wazirx wallets on a tech level,” advising anyone with funds on the Indian crypto exchange to transfer them to Binance. The warning numerous tweets by CZ and Wazirx’s founder regarding whether Binance...
First Mover Asia: Trading on Indian Crypto Exchange Continues to Slump Following New Tax Laws; Cryptos Higher
28.4.2022
Indian Crypto Exchange CoinDCX Raises Over $135 Million in New Funding Round
19.4.2022
The raise brings CoinDCX's valuation to more than $2 billion, said Rasika Joshi, the company's media relations director
Indian Crypto Exchange Says 82% of Users Earn Profits This Year, Trading Volume Soars 1,735%
17.12.2021
A major cryptocurrency exchange in India, Wazirx, has reported “a massive surge in user signups” this year, with 82% of its users making profits on their crypto investments. Its trading volume also rose 1,735% from the previous year. Meanwhile, the Indian government is actively...
Indian crypto exchange CoinSwitch Kuber raises $260M
6.10.2021
Valued at $1.9 billion, CoinSwitch Kuber has become the largest crypto company in India, CEO Ashish Singhal said
New Crypto Unicorn, D&G & NFT, Bitcoin Mining Difficulty + More News
7.9.2021
" rel="noopener noreferrer" href="https://techcrunch.com/2021/09/06/indian-crypto-exchange-coinswitch-kuber-in-talks-to-raise-funds-at-unicorn-valuation/">reported, citing "several sources familiar with the matter." The four-year-old startup, which counts Tiger Global, Sequoia Capital India, and
Indian crypto exchange becomes unicorn after $90M funding round
10.8.2021
CoinDCX's Series C funding was led by B Capital Group, a VC from Facebook co-founder Eduardo Saverin
Users of top Indian crypto exchange report seeing '0' funds during outage
5.4.2021
"The load on our systems are way too much," said CEO Nischal Shetty
Indian crypto exchange execs intensify lobbying efforts to prevent ban
29.3.2021
Cryptocurrency exchange operators in India are attempting to dissuade the government from banning digital currencies
Indian Crypto Exchange Buyucoin Hacked, Sensitive Data of 325K Users Reportedly Leaked
24.1.2021
Indian cryptocurrency exchange Buyucoin has reportedly been hacked and sensitive data of about 325,000 users has reportedly been leaked onto the dark web. According to reports, the leaked data includes personal information, encrypted passwords, user wallet details, order details, bank details,...
Indian crypto exchange CoinDCX raises $14M in its third round in 2020
22.12.2020
Including the millions it collected in previous rounds, the company has raised approximately $19.4M
Venture Capitalist Tim Draper Bets Big on Indian Crypto Exchange, Undeterred by Crypto Ban Reports
9.10.2020
American entrepreneur and venture capitalist Tim Draper has invested in Indian cryptocurrency exchange Unocoin despite regulatory uncertainty and reports of a possible crypto ban in India. Unocoin has seen the number of new users grow 10-fold since the supreme court quashed the banking restriction...