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Wazirx: Crypto and INR Balance Solutions Top Priority, Urges Users Not to Panic

Indian crypto exchange Wazirx has informed users that it is focusing on resolving issues related to INR and crypto balances. The exchange emphasized that both solutions require ongoing legal analysis…

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Wazirx Moves Funds to New Wallets After $230M Crypto Theft

Indian crypto exchange Wazirx is in the process of migrating the remaining assets from custodian Liminal to new multisig wallets following a security breach that resulted in the theft of…

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Brazilian Crypto Exchange Mercado Bitcoin Launches Flexible Crypto Collateralized Loans

Mercado Bitcoin, one of the largest Brazil-based cryptocurrency exchanges, has launched a loan product allowing users to receive credit in Brazilian reais secured by crypto collateral. The credits will be…

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Binance to Convert Delisted Crypto to USDC — Advises Users to Withdraw Affected Tokens Before Deadline

Crypto exchange Binance has announced the conversion of several delisted tokens into stablecoin USDC. Users are advised to withdraw affected crypto tokens by Sept. 1, as they will no longer…

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Wazirx Update: Trade Reversals Near Completion, 344 Bounty Entries Received

Indian crypto exchange Wazirx says it is close to completing the reversal of trades after the $230 million cyberattack. “We’re working with legal experts to help us formulate an effective…

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Wazirx to Reverse All Trades Made After Withdrawal Freeze

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…

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Binance Security Team Recovers $73 Million in Stolen Crypto Funds This Year

Crypto exchange Binance’s security team has recovered or frozen over $73 million in stolen user funds so far this year, surpassing the $55 million recovered in 2023. This achievement highlights…

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Wazirx Announces FIR Filing Following Major Cyberattack

Indian crypto exchange Wazirx has updated users about the recent cyberattack, confirming the filing of a First Information Report (FIR) to address the hack. Cofounder Nischal Shetty emphasized that a…

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Bahamas Enacts Digital Assets and Registered Exchanges Act

The Bahamas has enacted the Digital Assets and Registered Exchanges Act, 2024 (DARE 2024), establishing itself as a leader in digital asset regulation. Announced by the Securities Commission, DARE 2024…

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Coindcx Urges Wazirx to Reconsider Passing 45% Losses to Customers

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…

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