About Wazirx Exchange
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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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WazirX, Government Officials Meet Amid Probe Into Rs 2,000 Crore Crypto Hack: Report
Cryptocurrency exchange WazirX, which suffered a massive Rs 2,000 crore (about $234 million) cyber theft in July, is now facing scrutiny from top government agencies in the country.
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Indian Crypto Exchanges Reveal Repercussions of the WazirX Hack Aftermath on Their Platforms
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...
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WazirX Data Breach: Rivals Assure Investors About Fund Safety After Crypto Firm Suffers Alleged Data Breach
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...
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Enforcement Directorate Seizes Rs. 90 Crore Funds Kept in Binance, ZebPay, WazirX Wallets
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".
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Derivatives, Futures Trading a Tax Effective Solution to Drive Crypto Engagement in India: Pi42 Co-Founders
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.
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Digital Rupee in 2022–23: How Industry Stakeholders See the Move by Government
Digital Rupee is planned to launch in 2022–23, Finance Minister Nirmala Sitharaman revealed while presenting the Union Budget 2022 on Tuesday. Fintech industry stakeholders and cryptocurrency exchanges are optimistic about the move. However, some experts are raising concerns due to the lack of details at the moment.
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YouTube Channels of Crypto Influencers, Indian Exchanges Hijacked to Scam Innocent Investors
Several YouTube accounts of pro-crypto influencers and Indian exchanges were breached by cyber criminals on January 24. They displayed a video message on compromised handles asking people to wire them crypto assets on a wallet address they showed. Details about the hackers and victims remains unknown.
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India to Take Distinctive Approach Toward Cryptocurrencies, Not Like the US or El Salvador
The government will not follow the footsteps of its western counterparts and will take a distinctive approach to regulate cryptocurrencies in India, Chairman of the Parliamentary Standing Committee on Finance Jayant Sinha said during an online event. Stakeholders including cryptocurrency exchanges such as WazirX and CoinSwitch Kuber have agreed to ...
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Cryptocurrency Explainer: What Is a Crypto Exchange and How to Open a Trading Account?
Cryptocurrency exchange is a crucial part of the crypto ecosystem and it’s important to understand what it is, what it offers, and how you can use it to trade in cryptocurrencies. Here’s a brief explainer about cryptocurrency exchanges in India and how to open a trading account.
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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...
-
WazirX, Government Officials Meet Amid Probe Into Rs 2,000 Crore Crypto Hack: Report
Cryptocurrency exchange WazirX, which suffered a massive Rs 2,000 crore (about $234 million) cyber theft in July, is now facing scrutiny from top government agencies in the country.
-
Indian Crypto Exchanges Reveal Repercussions of the WazirX Hack Aftermath on Their Platforms
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 Data Breach: Rivals Assure Investors About Fund Safety After Crypto Firm Suffers Alleged Data Breach
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...
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Enforcement Directorate Seizes Rs. 90 Crore Funds Kept in Binance, ZebPay, WazirX Wallets
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".
-
Derivatives, Futures Trading a Tax Effective Solution to Drive Crypto Engagement in India: Pi42 Co-Founders
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.
-
Digital Rupee in 2022–23: How Industry Stakeholders See the Move by Government
Digital Rupee is planned to launch in 2022–23, Finance Minister Nirmala Sitharaman revealed while presenting the Union Budget 2022 on Tuesday. Fintech industry stakeholders and cryptocurrency exchanges are optimistic about the move. However, some experts are raising concerns due to the lack of details at the moment.
-
YouTube Channels of Crypto Influencers, Indian Exchanges Hijacked to Scam Innocent Investors
Several YouTube accounts of pro-crypto influencers and Indian exchanges were breached by cyber criminals on January 24. They displayed a video message on compromised handles asking people to wire them crypto assets on a wallet address they showed. Details about the hackers and victims remains unknown.
-
India to Take Distinctive Approach Toward Cryptocurrencies, Not Like the US or El Salvador
The government will not follow the footsteps of its western counterparts and will take a distinctive approach to regulate cryptocurrencies in India, Chairman of the Parliamentary Standing Committee on Finance Jayant Sinha said during an online event. Stakeholders including cryptocurrency exchanges such as WazirX and CoinSwitch Kuber have agreed to ...
-
Cryptocurrency Explainer: What Is a Crypto Exchange and How to Open a Trading Account?
Cryptocurrency exchange is a crucial part of the crypto ecosystem and it’s important to understand what it is, what it offers, and how you can use it to trade in cryptocurrencies. Here’s a brief explainer about cryptocurrency exchanges in India and how to open a trading account.
