Wazirx

Crypto platform WazirX, which lost a staggering $234 million worth of digital assets in a cyber breach, on Sunday announced $23 million in bounty to recover the stolen funds.

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...

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.”

The Enforcement Directorate on Tuesday said it has taken possession of funds worth Rs 90 crore, kept in cryptocurrency wallets of exchanges like Binance, ZebPay and WazirX, as part of a money laundering investigation linked to an online gaming app "scam".

The Enforcement Directorate on Tuesday said it has taken possession of funds worth Rs 90 crore, kept in cryptocurrency wallets of exchanges like Binance, ZebPay and WazirX, as part of a money laundering investigation linked to an online gaming app "s

WazirX released its sixth transparency report on Tuesday, April 23. Among a bunch of details, WazirX claimed that it received a total of 1,700 requests from the law enforcement agencies between October 2023 and March 2024.

WazirX has revealed that memecoin Shiba Inu emerged as the most-traded crypto on its platform in March this year. The development indicates that most of the investors engaging with crypto through its app chose to purchase SHIB over its competitor Dogecoin.

Industry leaders in India believe that futures trading in crypto can be a great solution to help potential investors still trade in crypto without having to worry about the tax load. Indian crypto veterans Nischal Shetty and Avinash Shekhar, who recently released their Pi42 futures exchange, have weighed-in on the situation with insights.

Zebpay CEO Avinash Shekhar and WazirX founder Nischal Shetty have launched a new crypto-INR Futures Exchange called ‘Pi42’ on Wednesday, February 7. Pi42, as disclosed by its founders, has already been registered with the FIU – which means Indians can start trying it out.

WazirX, as of November 2023, managed to generate around $1 billion (roughly Rs. 8,315 crore) in terms of trading volume. This is a 90 percent decline from its previous year’s trading volume of $10 billion (roughly Rs. 83,151 crore) and 2021’s figure of $43 billion (roughly Rs. 3,57,534 crore). In terms of addressing the potential reasons why tr...

In conversation with Gadgets 360, Kumar Gaurav, the founder and CEO of Cashaa said that the wait for India to finally get its crypto laws is ‘undeniably frustrating’ for industry players. Indian crypto community members like Gaurav are concerned that the delay in India getting its comprehensive crypto laws could result in required assets flowin...

The Enforcement Directorate (ED) has seized proceeds of crime amounting to Rs 1,144 crore and arrested 20 people in cases related to frauds in cryptocurrency or virtual digital assets, Minister of State for Finance Pankaj Chaudhary said on Monday.

Crypto platform WazirX, which lost a staggering $234 million worth of digital assets in a cyber breach, on Sunday announced $23 million in bounty to recover the stolen funds.

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...

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.”

The Enforcement Directorate on Tuesday said it has taken possession of funds worth Rs 90 crore, kept in cryptocurrency wallets of exchanges like Binance, ZebPay and WazirX, as part of a money laundering investigation linked to an online gaming app "scam".

The Enforcement Directorate on Tuesday said it has taken possession of funds worth Rs 90 crore, kept in cryptocurrency wallets of exchanges like Binance, ZebPay and WazirX, as part of a money laundering investigation linked to an online gaming app "s

WazirX released its sixth transparency report on Tuesday, April 23. Among a bunch of details, WazirX claimed that it received a total of 1,700 requests from the law enforcement agencies between October 2023 and March 2024.

WazirX has revealed that memecoin Shiba Inu emerged as the most-traded crypto on its platform in March this year. The development indicates that most of the investors engaging with crypto through its app chose to purchase SHIB over its competitor Dogecoin.

Industry leaders in India believe that futures trading in crypto can be a great solution to help potential investors still trade in crypto without having to worry about the tax load. Indian crypto veterans Nischal Shetty and Avinash Shekhar, who recently released their Pi42 futures exchange, have weighed-in on the situation with insights.

Zebpay CEO Avinash Shekhar and WazirX founder Nischal Shetty have launched a new crypto-INR Futures Exchange called ‘Pi42’ on Wednesday, February 7. Pi42, as disclosed by its founders, has already been registered with the FIU – which means Indians can start trying it out.

WazirX, as of November 2023, managed to generate around $1 billion (roughly Rs. 8,315 crore) in terms of trading volume. This is a 90 percent decline from its previous year’s trading volume of $10 billion (roughly Rs. 83,151 crore) and 2021’s figure of $43 billion (roughly Rs. 3,57,534 crore). In terms of addressing the potential reasons why tr...

In conversation with Gadgets 360, Kumar Gaurav, the founder and CEO of Cashaa said that the wait for India to finally get its crypto laws is ‘undeniably frustrating’ for industry players. Indian crypto community members like Gaurav are concerned that the delay in India getting its comprehensive crypto laws could result in required assets flowin...

The Enforcement Directorate (ED) has seized proceeds of crime amounting to Rs 1,144 crore and arrested 20 people in cases related to frauds in cryptocurrency or virtual digital assets, Minister of State for Finance Pankaj Chaudhary said on Monday.