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Wazirx Users May Face Delays Amid Binance Dispute and Moratorium Uncertainty

Indian cryptocurrency exchange Wazirx has warned users that they may have to wait until the dispute with Binance is resolved if the moratorium, filed in Singapore, is not granted. Wazirx…

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BRICS Gains Global Appeal as 34 Countries Show Interest, Putin Reveals

Russian President Vladimir Putin revealed that 34 countries have shown interest in joining BRICS activities, highlighting the global appeal of the group. He detailed Russia’s role in facilitating the integration…

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India, Nigeria, Indonesia Lead Chainalysis 2024 Crypto Adoption Index

India, Nigeria, and Indonesia top Chainalysis’ latest global crypto adoption index, which ranks 151 countries based on grassroots cryptocurrency usage, adjusted for population and purchasing power. The report notes strong…

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India’s FIU Considers Approving More Offshore Crypto Exchanges

India’s Financial Intelligence Unit is reportedly reviewing four offshore cryptocurrency exchanges for potential approval to resume operations following the lifting of bans on Binance and Kucoin. The focus is on…

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Turkey Seeks to Join BRICS to Strengthen Global Influence

Turkey has reportedly formally requested to join the BRICS economic bloc to expand its global influence and establish new alliances beyond its traditional Western partners. Turkish President Recep Tayyip Erdogan’s…

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Hacker Transfers $6.5 Million in Stolen WazirX Funds to US-Sanctioned Tornado Cash

The hacker responsible for the $230 million cyberattack on Indian crypto exchange WazirX has begun transferring stolen funds using Tornado Cash, a digital currency mixer sanctioned by the U.S. government.…

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India’s HDFC Bank Launches New UPI and CBDC Features

HDFC Bank, a leading private sector bank in India, has introduced new features for Unified Payments Interface (UPI) and central bank digital currency (CBDC) to enhance digital banking for its…

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Payments in National Currencies Surge to 92% Among SCO Members

Payments in national currencies among Shanghai Cooperation Organization (SCO) members have reportedly increased from 40% in 2022 to 92%, signaling a move away from reliance on the U.S. dollar. Similar…

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