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3232Wazirx Granted 4-Month Moratorium, Will Make Wallet Addresses Public
https://www.digit.info/wazirx-granted-4-month-moratorium-will-make-wallet-addresses-public/
Thu, 26 Sep 2024 13:50:38 +0000https://www.digit.info/wazirx-granted-4-month-moratorium-will-make-wallet-addresses-public/Read more]]>Indian crypto exchange Wazirx has secured a four-month moratorium granted by a Singapore court, providing time for the company to address its financial obligations while crafting a resolution plan. Wazirx explained that as part of the court’s conditions, it will “make wallet addresses public via a court affidavit, respond to user queries raised in the […]
]]>Wazirx Announces FIR Filing Following Major Cyberattack
https://www.digit.info/wazirx-announces-fir-filing-following-major-cyberattack/
Tue, 06 Aug 2024 16:16:28 +0000https://www.digit.info/wazirx-announces-fir-filing-following-major-cyberattack/Read more]]>Indian crypto exchange Wazirx has updated users about the recent cyberattack, confirming the filing of a First Information Report (FIR) to address the hack. Cofounder Nischal Shetty emphasized that a police complaint was made the day after the attack. The FIR, filed nearly 20 days later, is part of an ongoing investigation by the Delhi […]
]]>Wazirx Claims INR Funds Unaffected by Cyberattack, Platform Secure
https://www.digit.info/wazirx-claims-inr-funds-unaffected-by-cyberattack-platform-secure/
Tue, 23 Jul 2024 13:17:09 +0000https://www.digit.info/wazirx-claims-inr-funds-unaffected-by-cyberattack-platform-secure/Read more]]>Indian crypto exchange Wazirx has provided an update on the recent cyberattack resulting in the theft of over $230 million. Wazirx co-founder Nischal Shetty stated that the exchange is exploring various strategies to restore platform deposits, withdrawals, and trading. He assured users that Indian rupee (INR) funds are secure and that efforts to recover the […]
]]>Wazirx: Withdrawals and Trading Paused for All Users, Over 80 Bounty Intents Received Within 24 Hours
https://www.digit.info/wazirx-withdrawals-and-trading-paused-for-all-users-over-80-bounty-intents-received-within-24-hours/
Mon, 22 Jul 2024 14:16:50 +0000https://www.digit.info/wazirx-withdrawals-and-trading-paused-for-all-users-over-80-bounty-intents-received-within-24-hours/Read more]]>Indian cryptocurrency exchange Wazirx is working to resume withdrawals after a major security breach compromised a multisig wallet, resulting in the theft of over $230 million. The exchange has paused deposits, withdrawals, and trading, and launched a $23 million bounty program to recover the stolen assets. Within 24 hours, Wazirx received over 80 intents for […]
]]>Wazirx Prepares Bounty Program to Recover $230 Million Stolen in Security Breach
https://www.digit.info/wazirx-prepares-bounty-program-to-recover-230-million-stolen-in-security-breach/
Sat, 20 Jul 2024 16:46:09 +0000https://www.digit.info/wazirx-prepares-bounty-program-to-recover-230-million-stolen-in-security-breach/Read more]]>Wazirx co-founder Nischal Shetty has updated the public on the $230 million security breach affecting the Indian crypto exchange. The Wazirx team is preparing a bounty program, engaging with expert teams to trace the stolen funds, and collaborating with other exchanges. “This is an unprecedented attack on one of the largest crypto exchanges in India. […]
]]>Indian Crypto Exchange Wazirx Updates on Major Multisig Wallet Hack
https://www.digit.info/indian-crypto-exchange-wazirx-updates-on-major-multisig-wallet-hack/
Thu, 18 Jul 2024 18:32:31 +0000https://www.digit.info/indian-crypto-exchange-wazirx-updates-on-major-multisig-wallet-hack/Read more]]>Indian cryptocurrency exchange Wazirx has provided an update on the over $230 million security breach in its multisig wallet, which involved Liminal’s custody services. The exchange detailed the incident and ongoing recovery efforts, promising transparency and further updates. “We have already blocked a few deposits and reached out to concerned wallets for recovery,” the crypto […]
]]>Indian Crypto Exchange Wazirx Suspends Withdrawals Amid $230M Security Breach
https://www.digit.info/indian-crypto-exchange-wazirx-suspends-withdrawals-amid-230m-security-breach/
Thu, 18 Jul 2024 13:20:17 +0000https://www.digit.info/indian-crypto-exchange-wazirx-suspends-withdrawals-amid-230m-security-breach/Read more]]>Indian crypto exchange Wazirx has announced a security breach affecting one of its multisig wallets, resulting in the theft of over $230 million. Cryptocurrency and INR withdrawals have been halted as the team investigates the incident, with blockchain investigators Zachxbt and Mudit Gupta offering insights into the sophisticated hack. Wazirx Security Breach Halts Withdrawals After […]
]]>India Approves Crypto Exchanges Binance and Kucoin as Registered Virtual Asset Service Providers
https://www.digit.info/india-approves-crypto-exchanges-binance-and-kucoin-as-registered-virtual-asset-service-providers/
Sat, 11 May 2024 03:22:13 +0000https://www.digit.info/2024/05/11/india-approves-crypto-exchanges-binance-and-kucoin-as-registered-virtual-asset-service-providers/Read more]]>Cryptocurrency exchanges Binance and Kucoin have successfully registered with India’s Financial Intelligence Unit as Virtual Asset Service Providers (VASPs), a top official has reportedly confirmed. Both crypto exchanges were previously banned in India due to violations of the country’s anti-money laundering regulations. Kucoin and Binance Registered With FIU India The Financial Intelligence Unit – India […]
]]>Crypto Exchange Okx Shuts Down Services in India Due to Regulations — Advises Users to Withdraw All Funds
https://www.digit.info/crypto-exchange-okx-shuts-down-services-in-india-due-to-regulations-advises-users-to-withdraw-all-funds/
Fri, 22 Mar 2024 05:45:53 +0000https://www.digit.info/2024/03/22/crypto-exchange-okx-shuts-down-services-in-india-due-to-regulations-advises-users-to-withdraw-all-funds/Read more]]>Cryptocurrency exchange Okx has notified its users in India that the platform is shutting down services in the country “due to local regulations.” The exchange has advised users in India to “withdraw all funds” from their accounts by the end of April. The Indian government has not regulated crypto and the country’s finance minister recently […]
]]>Binance Sees Record Increase in Indian Users After Government Starts Imposing New Crypto Tax
https://www.digit.info/binance-sees-record-increase-in-indian-users-after-government-starts-imposing-new-crypto-tax/
Thu, 15 Sep 2022 03:30:33 +0000https://www.digit.info/2022/09/15/binance-sees-record-increase-in-indian-users-after-government-starts-imposing-new-crypto-tax/Read more]]>The number of Indian users on cryptocurrency exchange Binance has soared after the Indian government began levying taxes on crypto transactions. Meanwhile, daily trading volumes at some major India-based cryptocurrency exchanges are down over 90% since the new tax rules took effect. Binance Sees Record Number of Indian Users The number of Indian user sign-ups […]
Indian crypto exchange Wazirx has secured a four-month moratorium granted by a Singapore court, providing time for the company to address its financial obligations while crafting a resolution plan. Wazirx explained that as part of the court’s conditions, it will “make wallet addresses public via a court affidavit, respond to user queries raised in the […]
]]>
Indian crypto exchange Wazirx has updated users about the recent cyberattack, confirming the filing of a First Information Report (FIR) to address the hack. Cofounder Nischal Shetty emphasized that a police complaint was made the day after the attack. The FIR, filed nearly 20 days later, is part of an ongoing investigation by the Delhi […]
]]>
Indian crypto exchange Wazirx has provided an update on the recent cyberattack resulting in the theft of over $230 million. Wazirx co-founder Nischal Shetty stated that the exchange is exploring various strategies to restore platform deposits, withdrawals, and trading. He assured users that Indian rupee (INR) funds are secure and that efforts to recover the […]
]]>
Indian cryptocurrency exchange Wazirx is working to resume withdrawals after a major security breach compromised a multisig wallet, resulting in the theft of over $230 million. The exchange has paused deposits, withdrawals, and trading, and launched a $23 million bounty program to recover the stolen assets. Within 24 hours, Wazirx received over 80 intents for […]
]]>
Wazirx co-founder Nischal Shetty has updated the public on the $230 million security breach affecting the Indian crypto exchange. The Wazirx team is preparing a bounty program, engaging with expert teams to trace the stolen funds, and collaborating with other exchanges. “This is an unprecedented attack on one of the largest crypto exchanges in India. […]
]]>
Indian cryptocurrency exchange Wazirx has provided an update on the over $230 million security breach in its multisig wallet, which involved Liminal’s custody services. The exchange detailed the incident and ongoing recovery efforts, promising transparency and further updates. “We have already blocked a few deposits and reached out to concerned wallets for recovery,” the crypto […]
]]>
Indian crypto exchange Wazirx has announced a security breach affecting one of its multisig wallets, resulting in the theft of over $230 million. Cryptocurrency and INR withdrawals have been halted as the team investigates the incident, with blockchain investigators Zachxbt and Mudit Gupta offering insights into the sophisticated hack. Wazirx Security Breach Halts Withdrawals After […]
]]>
Cryptocurrency exchanges Binance and Kucoin have successfully registered with India’s Financial Intelligence Unit as Virtual Asset Service Providers (VASPs), a top official has reportedly confirmed. Both crypto exchanges were previously banned in India due to violations of the country’s anti-money laundering regulations. Kucoin and Binance Registered With FIU India The Financial Intelligence Unit – India […]
]]>
Cryptocurrency exchange Okx has notified its users in India that the platform is shutting down services in the country “due to local regulations.” The exchange has advised users in India to “withdraw all funds” from their accounts by the end of April. The Indian government has not regulated crypto and the country’s finance minister recently […]
]]>
The number of Indian users on cryptocurrency exchange Binance has soared after the Indian government began levying taxes on crypto transactions. Meanwhile, daily trading volumes at some major India-based cryptocurrency exchanges are down over 90% since the new tax rules took effect. Binance Sees Record Number of Indian Users The number of Indian user sign-ups […]