India’s officials probe crypto exchange WazirX over $235m hack: report

2024-10-7 12:30

Officials from India’s Financial Intelligence Unit and other agencies are probing WazirX over a $235 million crypto hack, as the exchange investigates potential insider involvement. Indian cryptocurrency exchange WazirX is collaborating with government agencies, including the Financial Intelligence Unit, to…

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exchange wazirx hack india unit intelligence agencies

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WazirX reveals 40% customer assets held on third-party exchanges amid transparency push

Indian crypto exchange WazirX has disclosed its proof-of-reserves (PoR) report, showing that over 40% of customer assets are stored on third-party exchanges, according to an Oct. 25 statement. The exchange said its PoR dashboard aims to promote transparency by enabling independent verification of its wallet addresses, which include the precise holdings for each asset.

2024-10-26 21:37


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Binance-WazirX Acquisition a ‘Historic Day’ for Crypto in India

Binance announced Thursday that it is acquiring WazirX, an Indian cryptocurrency exchange with an estimated user-base of around 200,000. This qualifies as a landmark development for India’s still-nascent homegrown cryptocurrency market — especially considering that traders will now have the option to buy and sell cryptocurrencies using the Indian Rupee (INR) through the Binance Fiat […] The post Binance-WazirX Acquisition a ‘Historic Day’ for Crypto in India appeared first on BeInCrypto.

2019-11-21 11:57


Indian crypto exchange WazirX offers refund on withdrawal fees for users moving from Coindelta

Coindelta joins the list of crypto exchanges shutting down in India, owing to the lack of regulations and the ongoing Reserve Bank of India [RBI] ban on crypto transactions. Coindelta ceased operations on 30 March at 2 pm IST, announcing the same via a blog, “It has been really difficult for us to operate Coindelta exchange […] The post Indian crypto exchange WazirX offers refund on withdrawal fees for users moving from Coindelta appeared first on AMBCrypto.

2019-3-31 20:00


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Indian Cryptocurrency Exchange Koinex Launches Loop, a P2P Token Transaction Network

Koinex, a prominent Indian crypto exchange, has launched its peer-to-peer (P2P) service called Loop. Loop is a P2P trading platform for crypto assets transactions using fiat currency (INR). Koinex Loop – An Attempt to Preserve the Crypto Industry in India This step follows the move by another Indian exchange, WazirX, who started their P2P operations earlier.

2018-7-21 23:00


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Here’s why WazirX’s WRX token price is pumping

WazirX token was one of the best performers on Dec. 3 as it formed a long God candle. WazirX (WRX) price jumped to a high of $0.3500, its highest level since March 14, and 255% above the lowest point this…

WazirX reveals 40% customer assets held on third-party exchanges amid transparency push

Indian crypto exchange WazirX has disclosed its proof-of-reserves (PoR) report, showing that over 40% of customer assets are stored on third-party exchanges, according to an Oct. 25 statement. The exchange said its PoR dashboard aims to promote transparency by enabling independent verification of its wallet addresses, which include the precise holdings for each asset.

WazirX seeks new custodian partner with insurance for funds

Crypto exchange WazirX is searching for a new custodian that can offer insurance for user funds, aiming to enhance security and minimize risk. Indian cryptocurrency exchange WazirX is actively seeking a new custodian partner that can provide insurance for user…