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Chinese Billionaire Convicted of Racketeering and Wire Fraud in US


Exiled Chinese billionaire Guo Wengui, also known as Miles Guo, has been convicted by a U.S. jury on charges including racketeering conspiracy and wire fraud. Guo defrauded followers of over $1 billion, primarily through false investment schemes in cryptocurrency. U.S. Attorney Damian Williams...

WazirX Seeks Legal Aid; $234 Hack Reported to Indian Police


Yesterday, July 18th, 2024,  India’s largest cryptocurrency exchange, WazirX, was hacked and lost over $234 million in crypto. Following the attack, WazirX has filed a report with the Indian Police. The exchange says, “…we have filed a police complaint and are pursuing additional...

HTX Is Latest Exchange to Integrate Fireblocks


Global crypto exchange HTX has integrated Fireblocks Off Exchange. This is aimed at enhancing digital asset security and streamlining global compliance operations. It employs Fireblocks’ multi-party computation (MPC) technology to mitigate exchange counterparty risk, marking a substantial...

$234M in Crypto Hacked From WazirX, Converted to Ethereum


WazirX, one of India’s biggest Crypto Exchanges, was hacked yesterday, presenting a significant security concern. The breach led to losing $234 million of the users’ funds. The hacker went for the exchange’s multisig wallet on the Ethereum network, where he or she made away with more than...

Indian Crypto Exchange Wazirx Updates on Major Multisig Wallet Hack


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...

Kraken Widens Institutional Presence in UK & Australia


Kraken, the U.S.-based cryptocurrency exchange, has announced the expansion of its custody service to new and existing clients in the United Kingdom and Australia. This development follows the successful launch of Kraken Custody in the United States earlier this year. Kraken to establish...

Indian Crypto Exchange Wazirx Suspends Withdrawals Amid $230M Security Breach


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...

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