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From Courtrooms to CBDCs: WazirX Founder Nischal Shetty on India’s Evolving Crypto Sector
In an exclusive conversation with Gadgets 360, WazirX founder Nischal Shetty discusses the exchange’s phased relaunch after its cyberattack, India’s recent legal clarity on cryptocurrency, and the potential role of an INR-backed stablecoin. He explains why the exchange restarted gradually, addresses user concerns about withdrawals, and offers i...
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IBW 2025 Dates Announced: Week-Long Web3 Events Scheduled for December
India Blockchain Week (IBW) will return to Bengaluru from December 1 to 7 for its third edition, featuring conferences, workshops, and community events focused on Web3, AI, and blockchain regulation. Organised by Hashed Emergent, the week will include global speakers, developer programmes and ecosystem initiatives, with participation expected from ...
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Crypto Firms Form Global Alliance to Standardise Stablecoin Payments
A group of major blockchain organisations, including Solana Foundation, Polygon Labs, Stellar Development Foundation, and Fireblocks, has launched the Blockchain Payments Alliance to improve interoperability and compliance across stablecoin payments. The collaboration seeks to create unified standards for digital transactions, reduce fragmentation ...
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Gemini Crypto Exchange Aims to Launch Regulated Prediction Market Contracts
Gemini Space Station is planning to expand beyond crypto trading by launching regulated prediction market contracts. The exchange, which went public in September, is reportedly seeking CFTC approval to offer users the ability to trade outcomes of real-world events such as elections and economic data.
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WazirX Reopens Trading Over a Year After Hack, Crypto Exchange to Restart in Phased Manner
WazirX has resumed trading after over a year, starting a phased rollout from October 24 with zero trading fees for 30 days. Industry leaders called the move a defining moment for India’s crypto sector, noting it could help restore investor trust. Some users have reported withdrawal delays, though WazirX previously outlined a 10-day timeline for c...
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UK FCA Cracks Down on Crypto Firms, Hundreds of Exchanges Receive Warnings
The UK’s Financial Conduct Authority (FCA) has issued hundreds of warnings to unregistered crypto exchanges, including HTX, as part of a sweeping crackdown on firms breaching financial regulations. The regulator also initiated legal action against HTX for unlawful promotion of crypto services. The move highlights the UK’s intensified efforts to...
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North Korea Has Stolen Billions In Crypto, Tech Firm Salaries: Report
North Korean hackers have pilfered billions of dollars by breaking into cryptocurrency exchanges and creating fake identities to get remote tech jobs at foreign companies, according to an international report on North Korea's cyber capabilities.
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Many Websites, Apps Go Dark As Amazon's Cloud Unit Reports Global Outage
AI startup Perplexity, cryptocurrency exchange Coinbase and trading app Robinhood attributed the outages to AWS.
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Coinbase Invests in CoinDCX at $2.45 Billion Valuation
Global crypto platform Coinbase has invested in India’s leading exchange CoinDCX, valuing it at $2.45 billion (roughly Rs. 21,600 crore). The deal strengthens Coinbase’s presence in India and the Middle East, where crypto adoption is rising rapidly. The investment supports regional growth, regulatory compliance, and secure trading, positioning ...
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Income Tax Department Said to Target Over 400 Wealthy Binance Traders in Major Tax Evasion Crackdown
The tax authorities have launched an extensive investigation into over 400 wealthy Binance users for possible tax evasion between 2022 and 2025. Officials are examining peer-to-peer trades and payments via banks, Google Pay, and cash. Binance’s re-entry in 2024, following a $2.25 million (Rs. 20 crore) fine and registration with the FIU, has give...
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Singapore Court Approves WazirX Restructuring Plan Following $234 Million Hack
The Singapore High Court has approved WazirX’s revised restructuring plan following the $234 million hack in 2024. The ruling enables the exchange to restart operations and repay over 150,000 users through recovery tokens. The hack, traced to North Korea’s Lazarus Group, forced a halt in withdrawals. The decision marks a key step toward restori...
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Bybit Gains UAE’s Virtual Asset Licence; Becomes First Crypto Firm to Get Full SCA Approval
ByBit has become the first cryptocurrency exchange to secure a full Virtual Asset Platform Operator Licence from the UAE’s Securities and Commodities Authority. The approval follows its in-principle nod in February and allows ByBit to provide regulated trading, custody, and fiat conversion services across the UAE. The milestone comes months after...
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Coinbase Gets Regulator’s Nod to Launch Crypto Staking Services in New York
Coinbase has secured regulatory approval to expand its staking services to New York, allowing residents to earn rewards on crypto assets such as Ether and Solana. The move follows recent rulings in several US states dismissing lawsuits against the exchange’s staking model. While New York’s decision highlights progress for Coinbase, tensions rem...
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Bitcoin Price Drops to $124,000 After Hitting New All-Time High
Bitcoin hovered around $124,000 on Monday after briefly crossing $125,500 over the weekend, taking the crypto market to fresh highs. Ethereum traded above $4,500, supported by strong ETF inflows of $4.5 billion (roughly Rs. 39,906 crore) and rising institutional demand. Analysts noted Bitcoin’s market cap touched $2.5 trillion (roughly Rs. 2,21,7...
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Turkey Said to Consider Granting Authorities Power to Freeze Crypto Accounts Under New AML Rules
Turkey is drafting anti-money laundering regulations to give the country’s financial crime regulator (or MASAK) the power to freeze and restrict cryptocurrency accounts. The rules will require exchanges to collect user details, delay withdrawals under certain conditions, and cap stablecoin transfers. Platforms following the Travel Rule may offer ...
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From Courtrooms to CBDCs: WazirX Founder Nischal Shetty on India’s Evolving Crypto Sector
In an exclusive conversation with Gadgets 360, WazirX founder Nischal Shetty discusses the exchange’s phased relaunch after its cyberattack, India’s recent legal clarity on cryptocurrency, and the potential role of an INR-backed stablecoin. He explains why the exchange restarted gradually, addresses user concerns about withdrawals, and offers i...
-
IBW 2025 Dates Announced: Week-Long Web3 Events Scheduled for December
India Blockchain Week (IBW) will return to Bengaluru from December 1 to 7 for its third edition, featuring conferences, workshops, and community events focused on Web3, AI, and blockchain regulation. Organised by Hashed Emergent, the week will include global speakers, developer programmes and ecosystem initiatives, with participation expected from ...
-
Crypto Firms Form Global Alliance to Standardise Stablecoin Payments
A group of major blockchain organisations, including Solana Foundation, Polygon Labs, Stellar Development Foundation, and Fireblocks, has launched the Blockchain Payments Alliance to improve interoperability and compliance across stablecoin payments. The collaboration seeks to create unified standards for digital transactions, reduce fragmentation ...
-
Gemini Crypto Exchange Aims to Launch Regulated Prediction Market Contracts
Gemini Space Station is planning to expand beyond crypto trading by launching regulated prediction market contracts. The exchange, which went public in September, is reportedly seeking CFTC approval to offer users the ability to trade outcomes of real-world events such as elections and economic data.
-
WazirX Reopens Trading Over a Year After Hack, Crypto Exchange to Restart in Phased Manner
WazirX has resumed trading after over a year, starting a phased rollout from October 24 with zero trading fees for 30 days. Industry leaders called the move a defining moment for India’s crypto sector, noting it could help restore investor trust. Some users have reported withdrawal delays, though WazirX previously outlined a 10-day timeline for c...
-
UK FCA Cracks Down on Crypto Firms, Hundreds of Exchanges Receive Warnings
The UK’s Financial Conduct Authority (FCA) has issued hundreds of warnings to unregistered crypto exchanges, including HTX, as part of a sweeping crackdown on firms breaching financial regulations. The regulator also initiated legal action against HTX for unlawful promotion of crypto services. The move highlights the UK’s intensified efforts to...
-
North Korea Has Stolen Billions In Crypto, Tech Firm Salaries: Report
North Korean hackers have pilfered billions of dollars by breaking into cryptocurrency exchanges and creating fake identities to get remote tech jobs at foreign companies, according to an international report on North Korea's cyber capabilities.
-
Many Websites, Apps Go Dark As Amazon's Cloud Unit Reports Global Outage
AI startup Perplexity, cryptocurrency exchange Coinbase and trading app Robinhood attributed the outages to AWS.
-
Coinbase Invests in CoinDCX at $2.45 Billion Valuation
Global crypto platform Coinbase has invested in India’s leading exchange CoinDCX, valuing it at $2.45 billion (roughly Rs. 21,600 crore). The deal strengthens Coinbase’s presence in India and the Middle East, where crypto adoption is rising rapidly. The investment supports regional growth, regulatory compliance, and secure trading, positioning ...
-
Income Tax Department Said to Target Over 400 Wealthy Binance Traders in Major Tax Evasion Crackdown
The tax authorities have launched an extensive investigation into over 400 wealthy Binance users for possible tax evasion between 2022 and 2025. Officials are examining peer-to-peer trades and payments via banks, Google Pay, and cash. Binance’s re-entry in 2024, following a $2.25 million (Rs. 20 crore) fine and registration with the FIU, has give...
-
Singapore Court Approves WazirX Restructuring Plan Following $234 Million Hack
The Singapore High Court has approved WazirX’s revised restructuring plan following the $234 million hack in 2024. The ruling enables the exchange to restart operations and repay over 150,000 users through recovery tokens. The hack, traced to North Korea’s Lazarus Group, forced a halt in withdrawals. The decision marks a key step toward restori...
-
Bybit Gains UAE’s Virtual Asset Licence; Becomes First Crypto Firm to Get Full SCA Approval
ByBit has become the first cryptocurrency exchange to secure a full Virtual Asset Platform Operator Licence from the UAE’s Securities and Commodities Authority. The approval follows its in-principle nod in February and allows ByBit to provide regulated trading, custody, and fiat conversion services across the UAE. The milestone comes months after...
-
Coinbase Gets Regulator’s Nod to Launch Crypto Staking Services in New York
Coinbase has secured regulatory approval to expand its staking services to New York, allowing residents to earn rewards on crypto assets such as Ether and Solana. The move follows recent rulings in several US states dismissing lawsuits against the exchange’s staking model. While New York’s decision highlights progress for Coinbase, tensions rem...
-
Bitcoin Price Drops to $124,000 After Hitting New All-Time High
Bitcoin hovered around $124,000 on Monday after briefly crossing $125,500 over the weekend, taking the crypto market to fresh highs. Ethereum traded above $4,500, supported by strong ETF inflows of $4.5 billion (roughly Rs. 39,906 crore) and rising institutional demand. Analysts noted Bitcoin’s market cap touched $2.5 trillion (roughly Rs. 2,21,7...
-
Turkey Said to Consider Granting Authorities Power to Freeze Crypto Accounts Under New AML Rules
Turkey is drafting anti-money laundering regulations to give the country’s financial crime regulator (or MASAK) the power to freeze and restrict cryptocurrency accounts. The rules will require exchanges to collect user details, delay withdrawals under certain conditions, and cap stablecoin transfers. Platforms following the Travel Rule may offer ...
