News with the tag "WRX"

The global digital assets market saw many ups, and slightly fewer lows in 2024. The $234 million WazirX hack was one of the major highlights of the last year which shocked the Indian crypto community. In the latest developments, an India-grown crypto exchange seems to be lending a helping hand to th...

In December 2024, Binance, the world’s leading cryptocurrency exchange by trading volume, ramped up its efforts to maintain a high-quality and secure trading environment by delisting a number of tokens. The exchange’s decisions come amid ongoing market uncertainty and regulatory pressure, signaling ...

WazirX (WRX) price has recorded a crash of over 50% today after the leading crypto exchange, Binance, revealed its delisting plans for the token. Besides, the Indian crypto exchange has also faced another major setback today, as the Delhi High Court has reportedly ordered a fresh probe of the exchan...

Delhi Police has arrested a West Bengal resident in connection with the $230 million WazirX hack. The suspect allegedly created a fake account and sold it on Telegram to a buyer, who reportedly used it to exploit the exchange security. Moreover, the probe revealed issues due to non-cooperation from ...

According to a report by CNBC TV18, India aims to reach out to crypto industry stakeholders to invite inputs to clarify its regulatory framework for digital assets. A panel led by the Secretary of the Department of Economic Affairs (DEA) is set to publish a consultation paper on digital asset regula...

Indian crypto exchange WazirX is facing backlash over its recently announced strategy to socialize the $230-million hack loss. The exchange revealed it lost 45% of its assets in the breach and proposed a 55/45 approach for the remaining tokens. Customers are voting on two offer solutions until Augus...

WazirX, the Indian crypto exchange, has temporarily halted fiat withdrawals from its trading platforms. Indian crypto users have not been able to withdraw Indian rupees (INR) for over 24 hours. The suspension is due to complications with the crypto exchange’s payment provider. According to the withd...