Crypto Exchange

WazirX has reached out to projects connected with stolen tokens asking for support during the recovery process. The crypto exchange, which was recently hacked, has confirmed that its ability to maintain 1:1 collateral with assets has been left deeply impacted in the aftermath of the hack.

The overall crypto market cap dipped by 1.43 percent in the last 24 hours. BTC fell in pricing following the news that creditors of the now-defunct exchange Mt. Gox have begun receiving their BTC through Kraken. Ether, Solana, and Cardano also recorded losses on Wednesday.

The US SEC has given a greenlight to Ether ETFs. Ether ETFs from VanEck, Franklin Templeton, Fidelity, 21Shares and Invesco will begin trading on Cboe while one from BlackRock will begin trading on the Nasdaq. Products from Bitwise and Grayscale Investments will also trade Tuesday on the New York Stock Exchange, the exchange said.

WazirX, in an update shared on X, noted that it received 80 intents for its bounty initiative within the first 24 hours of launching the programme. The exchange’s co-founder Nischal Shetty has urged others from the crypto community to also step forward and help WazirX recover its stolen assets.

While WazirX’s team started to investigate its wallet breach, Gadgets360 reached out to multiple crypto exchanges to inquire about the status of users on their respective platforms. Given that the WazirX hack has stirred chaos in India’s crypto community, fears about other exchanges seeing many quick withdrawals had arisen among industry inside...

WazirX was recently hit with a data breach and lost funds worth $230 million (roughly Rs. 1,924 crore) to hackers. Executives from India's crypto sector have identified reasons to believe that this sophisticated hack attack could have been initiated by North Korean hackers, possibly associated with the notorious Lazarus Group.

The overall crypto market cap slipped by 0.63 percent in the last 24 hours. Both Bitcoin and Ether recorded losses on national and international exchanges. Indian exchanges showed notable price declines next to most cryptocurrencies following the hack of one of WazirX’s multi-signature wallets on Friday, July 19.

WazirX data breach has been acknowledged by the crypto exchange, which is investigating the alleged hack. India’s crypto investors have expressed apprehensions after the WazirX breach, as funds worth $234.9 million (roughly Rs. 1,965 crore) are at stake. In their posts, leaders of Indian crypto exchanges including CoinDCX, Giottus, and CoinSwitch...

June saw a monthly decline of 21.8 percent in trading volumes of digital assets. Several macro-economic factors, including the recent slump in Bitcoin’s price, launch of ETFs, and the selling pressure from Germany’s BTC offloading, have emerged as contributors that lowered trading volumes of cryptocurrencies, as per CCData.

One of WazirX’s multi-signature wallets suffered a security breach on Thursday. In an official statement addressing the incident, WazirX said: “We're aware that one of our multisig wallets has experienced a security breach. Our team is actively investigating the incident.”

Bitcoin and Ether both saw their prices rise on Wednesday as the overall crypto market cap rose by 1.73 percent in the last 24 hours. Ripple and Near Protocol are performing strongly in the volatile market. Losses meanwhile, struck Tron and Shiba Inu among other cryptocurrencies.

On Thursday, July 4, the Financial Supervisory Service of Korea released a statement alerting all crypto exchanges to ramp up transaction monitoring on their respective platforms. This move from South Korea comes as the country’s Virtual Asset User Protection Act is ready to go into effect on July 19.

CoinDCX claims it has taken its first step in expanding its crypto business in the Middle East and North Africa (MENA) region by acquiring BitOasis. Both CoinDCX and BitOasis have yet to disclose the financial settlement that was agreed upon for finalising this deal.

Bitget has called India a ‘key market’ as it said that it is working to get an FIU registration to operate in India. With the FIU registrations, crypto firms agree to implement strict KYC system, maintain transaction records, and report suspicious transactions.

Binance is adding more security to the services and features it offers. To ensure its account features are not being misused, Binance claims to have enhanced the monitoring of all account usage and related activities from a technological standpoint. It is also offering rewards to vigilant users for reporting potentially suspicious activity.

WazirX has reached out to projects connected with stolen tokens asking for support during the recovery process. The crypto exchange, which was recently hacked, has confirmed that its ability to maintain 1:1 collateral with assets has been left deeply impacted in the aftermath of the hack.

The overall crypto market cap dipped by 1.43 percent in the last 24 hours. BTC fell in pricing following the news that creditors of the now-defunct exchange Mt. Gox have begun receiving their BTC through Kraken. Ether, Solana, and Cardano also recorded losses on Wednesday.

The US SEC has given a greenlight to Ether ETFs. Ether ETFs from VanEck, Franklin Templeton, Fidelity, 21Shares and Invesco will begin trading on Cboe while one from BlackRock will begin trading on the Nasdaq. Products from Bitwise and Grayscale Investments will also trade Tuesday on the New York Stock Exchange, the exchange said.

WazirX, in an update shared on X, noted that it received 80 intents for its bounty initiative within the first 24 hours of launching the programme. The exchange’s co-founder Nischal Shetty has urged others from the crypto community to also step forward and help WazirX recover its stolen assets.

While WazirX’s team started to investigate its wallet breach, Gadgets360 reached out to multiple crypto exchanges to inquire about the status of users on their respective platforms. Given that the WazirX hack has stirred chaos in India’s crypto community, fears about other exchanges seeing many quick withdrawals had arisen among industry inside...

WazirX was recently hit with a data breach and lost funds worth $230 million (roughly Rs. 1,924 crore) to hackers. Executives from India's crypto sector have identified reasons to believe that this sophisticated hack attack could have been initiated by North Korean hackers, possibly associated with the notorious Lazarus Group.

The overall crypto market cap slipped by 0.63 percent in the last 24 hours. Both Bitcoin and Ether recorded losses on national and international exchanges. Indian exchanges showed notable price declines next to most cryptocurrencies following the hack of one of WazirX’s multi-signature wallets on Friday, July 19.

WazirX data breach has been acknowledged by the crypto exchange, which is investigating the alleged hack. India’s crypto investors have expressed apprehensions after the WazirX breach, as funds worth $234.9 million (roughly Rs. 1,965 crore) are at stake. In their posts, leaders of Indian crypto exchanges including CoinDCX, Giottus, and CoinSwitch...

June saw a monthly decline of 21.8 percent in trading volumes of digital assets. Several macro-economic factors, including the recent slump in Bitcoin’s price, launch of ETFs, and the selling pressure from Germany’s BTC offloading, have emerged as contributors that lowered trading volumes of cryptocurrencies, as per CCData.

One of WazirX’s multi-signature wallets suffered a security breach on Thursday. In an official statement addressing the incident, WazirX said: “We're aware that one of our multisig wallets has experienced a security breach. Our team is actively investigating the incident.”

Bitcoin and Ether both saw their prices rise on Wednesday as the overall crypto market cap rose by 1.73 percent in the last 24 hours. Ripple and Near Protocol are performing strongly in the volatile market. Losses meanwhile, struck Tron and Shiba Inu among other cryptocurrencies.

On Thursday, July 4, the Financial Supervisory Service of Korea released a statement alerting all crypto exchanges to ramp up transaction monitoring on their respective platforms. This move from South Korea comes as the country’s Virtual Asset User Protection Act is ready to go into effect on July 19.

CoinDCX claims it has taken its first step in expanding its crypto business in the Middle East and North Africa (MENA) region by acquiring BitOasis. Both CoinDCX and BitOasis have yet to disclose the financial settlement that was agreed upon for finalising this deal.

Bitget has called India a ‘key market’ as it said that it is working to get an FIU registration to operate in India. With the FIU registrations, crypto firms agree to implement strict KYC system, maintain transaction records, and report suspicious transactions.

Binance is adding more security to the services and features it offers. To ensure its account features are not being misused, Binance claims to have enhanced the monitoring of all account usage and related activities from a technological standpoint. It is also offering rewards to vigilant users for reporting potentially suspicious activity.