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Indian cryptocurrency exchange Wazirx is implementing a socialized loss strategy to distribute the impact of the recent $230 million cyberattack among all its users. The exchange stated that 55% of…
Indian crypto exchange Wazirx has provided an update on the recent cyberattack resulting in the theft of over $230 million. Wazirx co-founder Nischal Shetty stated that the exchange is exploring…
Indian cryptocurrency exchange Wazirx is working to resume withdrawals after a major security breach compromised a multisig wallet, resulting in the theft of over $230 million. The exchange has paused…
Wazirx co-founder Nischal Shetty has updated the public on the $230 million security breach affecting the Indian crypto exchange. The Wazirx team is preparing a bounty program, engaging with expert…
India’s Enforcement Directorate has declared its multi-year crackdown on the “E-Nugget” scam in Kolkata successful. The operation has resulted in cash and crypto seizures, along with the arrest of the…
Indian crypto platforms could attain similar status as authorized dealers (similar to banks) under the guidelines of the Indian Central Bank RBI.
One of the banking partners in the cross-border remittance service is also part of the government’s CBDC program.
The cryptocurrency exchange released its proof of reserves and proclaimed it to be India’s largest exchange both in volume and reserve funds.
The Indian crypto exchange was under investigation by local authorities for money laundering allegations which caused a freeze on over $8.1 million in bank account funds.
GARI token was launched by Salman Khan, an A-list celebrity from Bollywood, with an aim to help Indian creators monetize their content over a short video application Chingari.