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wazirx

WazirX heist exposes the deeper problem that’s plaguing India’s crypto sector

by Edgar Davis
WazirX heist exposes the deeper problem that’s plaguing India’s crypto sector

Image credit: company. Synopsis On July 18, cryptocurrency platform WazirX suffered the biggest cyberattack on an Indian exchange with hackers stealing over USD230 million worth of investors’ holding. ET Prime …

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India blocks access to major offshore crypto exchanges

by Isaac Wright
India blocks access to major offshore crypto exchanges

India has reportedly suspended access to numerous foreign cryptocurrency exchanges, such as Binance, KuCoin, and OKX.  According to the Economic Times, this action follows a period of continued non-compliance with …

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Indian crypto exchanges record higher trading volumes after FIU action on global exchanges

by Isaac Wright
Indian crypto exchanges record higher trading volumes after FIU action on global exchanges

Leading Indian cryptocurrency exchanges are recording higher trading volumes, deposits, and user registrations following Financial Intelligence Unit’s (FIU’s) decision on December 28, 2022, to issue compliance show-cause notices to nine …

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