Cryptocurrency exchange WazirX is introducing AI-powered trading tools, advanced trading products and cus ...More

Cryptocurrency exchange WazirX is introducing AI-powered trading tools, advanced trading products and customer experience upgrades following a cyber attack and subsequent restructuring. Founder Nischal Shetty said the platform plans to launch an AI assistant for natural language crypto trading and a subscription-based offering, while focusing on revenue generation and creditor compensation as it works to rebuild operations. ...Less

In the past 24 hours, Bitcoin was up 1.30% whereas Ethereum was up 1.67% to trade at $1,723 mark. Among t ...More

In the past 24 hours, Bitcoin was up 1.30% whereas Ethereum was up 1.67% to trade at $1,723 mark. Among the major altcoins, BNB, XRP, Solana, Tron, Hyperliquid, Dogecoin and Cardano gained upto 4.85%. ...Less

WazirX Futures brings direct INR access, the lowest fees in the domestic market, and built-in risk guardr ...More

WazirX Futures brings direct INR access, the lowest fees in the domestic market, and built-in risk guardrails to a segment that has quietly been leaking volume to offshore platforms. ...Less

Bitcoin hovers below $60,000 as investors withdraw from spot ETFs, driven by concerns over rising US inte ...More

Bitcoin hovers below $60,000 as investors withdraw from spot ETFs, driven by concerns over rising US interest rates. Major altcoins saw mixed movements, with some gaining up to 4%. Analysts suggest a potential dip to $55,500-$56,000 if Bitcoin breaks key support. The overall market sentiment remains cautious, reflecting a broader decline in risk assets. ...Less

Bitcoin dipped below $60,000 as significant ETF outflows and Middle East tensions impacted market sentime ...More

Bitcoin dipped below $60,000 as significant ETF outflows and Middle East tensions impacted market sentiment.This marks Bitcoin's weakest June since mid-2022, with over $4 billion withdrawn from spot ETFs this month. Analysts highlight $60,000 as a critical resistance level, while persistent inflation concerns keep investors cautious about riskier assets like cryptocurrencies. ...Less

Bitcoin dipped below $59,000 amid a strong dollar and Federal Reserve uncertainty, with major altcoins sh ...More

Bitcoin dipped below $59,000 amid a strong dollar and Federal Reserve uncertainty, with major altcoins showing mixed movements. Analysts point to investor caution ahead of key U.S. economic data and Fed minutes, while long-term holders and institutional investors appear to maintain conviction. Spot Bitcoin ETF flows remain subdued, indicating a wait-and-watch approach from large players. ...Less

Bitcoin slipped towards the $61,000 level as profit booking and cautious sentiment weighed on crypto mark ...More

Bitcoin slipped towards the $61,000 level as profit booking and cautious sentiment weighed on crypto markets. Broader weakness across major tokens reflected risk aversion, although analysts noted continued institutional participation and long-term adoption trends supporting the sector despite elevated short-term volatility. ...Less

Bitcoin hovered near $64,000 as a hawkish Federal Reserve outlook and risk-off sentiment capped recovery ...More

Bitcoin hovered near $64,000 as a hawkish Federal Reserve outlook and risk-off sentiment capped recovery momentum. Liquidations, ETF outflows and weak institutional participation weighed on prices. Key support lies between $61,000 and $63,500, while resistance near $67,500 remains a hurdle for any sustained upside in the near term. ...Less

Bitcoin hovered near $62,500 on Friday, weighed by Federal Reserve uncertainty and weak institutional inf ...More

Bitcoin hovered near $62,500 on Friday, weighed by Federal Reserve uncertainty and weak institutional inflows. Ethereum and major altcoins declined, while analysts flagged cautious sentiment, ETF outflows, and resistance near key technical levels. Despite some recovery from June lows, the market lacks a strong catalyst for sustained upside momentum. ...Less

Bitcoin hovered near $64,000, buoyed by falling oil prices and optimism for a US-Iran peace deal, which l ...More

Bitcoin hovered near $64,000, buoyed by falling oil prices and optimism for a US-Iran peace deal, which lifted overall risk sentiment. While Bitcoin saw a slight gain, Ethereum experienced a minor dip. Major altcoins showed mixed performance, with some falling and others rising. ...Less

Bitcoin hovers around $65,500 as investors watch ETF activity, on-chain demand, and the US Federal Reserv ...More

Bitcoin hovers around $65,500 as investors watch ETF activity, on-chain demand, and the US Federal Reserve. Ethereum sees a slight gain. Many altcoins experience declines, though Hyperliquid rises. Experts note Bitcoin's fragile recovery and key support levels. Global crypto market cap dips slightly. Fear and greed index remains low, indicating fearful sentiment. ...Less

Bitcoin holds near $66,000, supported by whale accumulation and institutional buying, with a 0.3% rise in ...More

Bitcoin holds near $66,000, supported by whale accumulation and institutional buying, with a 0.3% rise in 24 hours. Improving risk sentiment, partly due to a U.S.-Iran peace agreement, fuels buying activity. While institutional demand is supportive, market conviction remains fragile as investors await further macro signals. ...Less

Bitcoin hovered near the $63,600 level as technical indicators stayed cautious despite improving sentimen ...More

Bitcoin hovered near the $63,600 level as technical indicators stayed cautious despite improving sentiment. Major cryptocurrencies posted modest gains, while extreme fear persisted across markets. Analysts pointed to macro uncertainty, ETF outflows and capital rotation into AI-related assets as key themes influencing crypto momentum. ...Less

A US directive suspending access to Anthropic's AI models has spurred India Inc's push for self-reliance ...More

A US directive suspending access to Anthropic's AI models has spurred India Inc's push for self-reliance in AI infrastructure. Technology leaders are calling for domestic R&D, open-source models, and semiconductor design to ensure national sovereignty and avoid dependence on external platforms. This move is seen as a wake-up call for localized AI systems. ...Less

Bitcoin dipped below $63,000 despite in-line CPI data, trading at $62,740. Major altcoins saw mixed movem ...More

Bitcoin dipped below $63,000 despite in-line CPI data, trading at $62,740. Major altcoins saw mixed movements, with some gaining up to 3% while Hyperliquid fell. Analysts note Bitcoin's range-bound trading and tentative recovery, with ETF flows reflecting caution. Despite market volatility, crypto adoption continues to grow. ...Less

Bitcoin climbed back above the $63,000 level on Monday after successfully defending a key support zone, d ...More

Bitcoin climbed back above the $63,000 level on Monday after successfully defending a key support zone, despite persistent ETF outflows of $3.4 billion. Ethereum and major altcoins also posted strong gains, reflecting improved market sentiment and renewed buying interest across the broader cryptocurrency market over the past 24 hours. ...Less

Bitcoin experienced a significant drop below $60,000, its lowest point since October 2024, following a su ...More

Bitcoin experienced a significant drop below $60,000, its lowest point since October 2024, following a surprise selloff by prominent corporate holder Strategy. This move, despite the minimal amount, rattled market confidence, as the firm was perceived as a consistent accumulator. Analysts suggest long-term investors may see this dip as a buying opportunity amid potential legislative tailwinds. ...Less

Bitcoin climbed back above $63,000 as ETF inflows resumed and institutional buying improved sentiment aft ...More

Bitcoin climbed back above $63,000 as ETF inflows resumed and institutional buying improved sentiment after last week’s sharp correction. Despite the rebound, markets remain cautious amid weak broader trends, key resistance levels, and upcoming macro triggers, including US inflation data and Federal Reserve policy decisions influencing crypto direction. ...Less

Bitcoin experienced a nearly 15% decline in early June, falling below $63,000. Despite significant price ...More

Bitcoin experienced a nearly 15% decline in early June, falling below $63,000. Despite significant price drops, on-chain data indicates a lack of panic selling, though institutional outflows from ETFs continue. Market sentiment is softening due to macro uncertainty and profit-taking. ...Less

Bitcoin has fallen below $70,000, dropping nearly 12% in a week. This decline is driven by institutional ...More

Bitcoin has fallen below $70,000, dropping nearly 12% in a week. This decline is driven by institutional selling and negative ETF flows. Major altcoins like Ethereum, BNB, and Solana also saw significant drops. Market analysts point to macroeconomic factors and investor sentiment as key influences. The crypto market capitalization has edged down, with fears of a crypto winter emerging. ...Less

Bitcoin saw a rebound from its intraday low of $61,500 to $64,000 on Thursday. The crypto market experien ...More

Bitcoin saw a rebound from its intraday low of $61,500 to $64,000 on Thursday. The crypto market experienced significant liquidations totaling nearly $1.76 billion in 24 hours. Bitcoin and Ethereum saw corrections, along with major altcoins. Market analysts attribute the selloff to multiple pressure points including ETF outflows and geopolitical uncertainty. Investors are closely watching upcoming US economic data. ...Less

With fees, security and ease of use all up for scrutiny, WazirX makes a strong case for being the everyda ...More

With fees, security and ease of use all up for scrutiny, WazirX makes a strong case for being the everyday trader’s go-to platform in India’s crowded crypto market. ...Less

Bitcoin prices crashed to near the $70,000 mark, hitting a seven-week low as escalating US-Iran tensions ...More

Bitcoin prices crashed to near the $70,000 mark, hitting a seven-week low as escalating US-Iran tensions triggered risk-off sentiment across global markets. More than $744 million in crypto positions were liquidated in 24 hours, while ETF outflows and weakening market sentiment added pressure on the world's largest cryptocurrency. ...Less

Bitcoin hovered near $73,660 as whale outflows hit their highest level since February, adding to short-te ...More

Bitcoin hovered near $73,660 as whale outflows hit their highest level since February, adding to short-term selling pressure. Major altcoins saw mixed moves, with BNB, XRP, Solana, Dogecoin and Cardano gaining, while Tron slipped. Market sentiment remained cautious even as global crypto market capitalisation edged up to $2.47 trillion. ...Less

Bitcoin began June trading near $73,500 amidst significant ETF outflows exceeding $2 billion and escalati ...More

Bitcoin began June trading near $73,500 amidst significant ETF outflows exceeding $2 billion and escalating geopolitical risks. Institutional retreat, coupled with concerns over U.S.-Iran relations and a $1 billion liquidation event, has led to market caution. Investors now await key U.S. economic data and Federal Reserve decisions to determine the next market direction. ...Less

Bitcoin dipped to $73,000 despite ETF inflows and shrinking exchange reserves, failing to maintain moment ...More

Bitcoin dipped to $73,000 despite ETF inflows and shrinking exchange reserves, failing to maintain momentum after touching $83,000 in May. Ethereum also faced pressure, trading below $2,000. While short-term technicals remain cautious, long-term holder accumulation and scaling developments support broader market structure. ...Less

Bitcoin and Ethereum experienced significant drops as rising US-Iran tensions and substantial crypto liqu ...More

Bitcoin and Ethereum experienced significant drops as rising US-Iran tensions and substantial crypto liquidations impacted investor sentiment. Over $700 million in crypto was liquidated in a single day, with Bitcoin falling near $73,000. US spot Bitcoin ETFs also saw considerable outflows, totaling over $2.5 billion in two weeks. ...Less

Bitcoin is trading near $75,400, showing weakened recovery momentum below a crucial resistance level. Eth ...More

Bitcoin is trading near $75,400, showing weakened recovery momentum below a crucial resistance level. Ethereum and major altcoins also experienced declines. Market sentiment has shifted to extreme fear. Experts suggest Bitcoin needs to reclaim higher levels for a stronger recovery. Global crypto market capitalization has edged down. Geopolitical concerns and ETF outflows are impacting prices. ...Less

Bitcoin and Ethereum extended losses as macroeconomic concerns, ETF outflows and geopolitical uncertainty ...More

Bitcoin and Ethereum extended losses as macroeconomic concerns, ETF outflows and geopolitical uncertainty weighed on investor sentiment. More than $400 million in leveraged crypto positions were liquidated, while analysts warned markets could remain volatile amid inflation worries and shifting Federal Reserve expectations. ...Less

Bitcoin and Ethereum traded near $76,700 and $2,090 respectively as traders remained defensive amid a cau ...More

Bitcoin and Ethereum traded near $76,700 and $2,090 respectively as traders remained defensive amid a cautious consolidation phase. Major altcoins saw corrections, with some experiencing minor gains. The global crypto market capitalization edged down, reflecting persistent risk aversion despite some speculative participation. ...Less

Bitcoin traded near the $77,000 mark after recovering from a volatile correction phase as easing U.S.-Ira ...More

Bitcoin traded near the $77,000 mark after recovering from a volatile correction phase as easing U.S.-Iran tensions improved investor sentiment. While Ethereum and select altcoins remained under pressure, broader crypto market sentiment stabilised amid hopes of geopolitical de-escalation, although analysts continued to warn about leverage-driven volatility and short-term resistance levels. ...Less

WazirX has launched crypto Futures trading for Indian traders, offering the lowest maker and taker fees i ...More

WazirX has launched crypto Futures trading for Indian traders, offering the lowest maker and taker fees in the market without volume thresholds. This move aims to democratize derivatives trading by allowing direct INR access and prioritizing user education on responsible practices. The initiative also supports WazirX's ongoing restructuring efforts by generating profits for creditor recoveries. ...Less

Bitcoin and Ethereum are trading below key resistance levels, fueling cautious near-term sentiment. Bitco ...More

Bitcoin and Ethereum are trading below key resistance levels, fueling cautious near-term sentiment. Bitcoin holds a crucial support zone around $76,000-$76,500, while Ethereum remains weaker than Bitcoin. Global crypto market cap dipped slightly, with the fear and greed index indicating neutral sentiment. ETF outflows continue to impact Bitcoin's recovery. ...Less

Bitcoin hovered near $76,000 amid worsening global macro conditions and significant fund redemptions, whi ...More

Bitcoin hovered near $76,000 amid worsening global macro conditions and significant fund redemptions, which totaled $982 million last week. Despite a six-week inflow streak ending, crypto market capitalization saw a slight increase, with institutions expected to boost crypto holdings. ...Less

Bitcoin surged nearly 1.5% to around $77,934, buoyed by strong Nvidia earnings and steady buyer accumulat ...More

Bitcoin surged nearly 1.5% to around $77,934, buoyed by strong Nvidia earnings and steady buyer accumulation, despite ongoing ETF outflows. Ethereum also saw gains, with major altcoins like BNB and Solana rallying significantly. Experts suggest this rebound indicates resilience and selective strength in the crypto market, with institutional interest remaining a key factor. ...Less

Bitcoin dipped towards $79,000, influenced by rising US Treasury yields, inflation concerns, and high oil ...More

Bitcoin dipped towards $79,000, influenced by rising US Treasury yields, inflation concerns, and high oil prices, impacting global risk assets. Major altcoins also saw declines, with the global crypto market capitalization falling. Analysts suggest Bitcoin's pullback is macro-driven, with key resistance at $82,000-$82,500. ...Less

Bitcoin dropped to a two-week low of $76,700 as the crypto market experienced a selloff, leading to nearl ...More

Bitcoin dropped to a two-week low of $76,700 as the crypto market experienced a selloff, leading to nearly $661 million in liquidations. Major cryptocurrencies like Ethereum and altcoins saw declines, with analysts citing Bitcoin's rejection near $82,000 and slowing ETF inflows as key factors. ...Less

Bitcoin briefly surged past $82,000 following positive developments from The CLARITY Act, boosting invest ...More

Bitcoin briefly surged past $82,000 following positive developments from The CLARITY Act, boosting investor sentiment. Despite a slight pullback to $81,000, analysts suggest regulatory progress and strong equity markets could attract institutional capital, potentially pushing Bitcoin towards $85,000. ...Less

Bitcoin slipped near the $79,600 mark as the broader crypto market weakened amid inflation concerns and c ...More

Bitcoin slipped near the $79,600 mark as the broader crypto market weakened amid inflation concerns and cautious investor sentiment. Analysts said traders are closely tracking US macroeconomic data and geopolitical developments, while continued profit-booking and fading momentum kept pressure on major cryptocurrencies and altcoins. ...Less

The Republican-led Senate Banking Committee has advanced the long-awaited CLARITY Act, a landmark crypto ...More

The Republican-led Senate Banking Committee has advanced the long-awaited CLARITY Act, a landmark crypto regulation bill aimed at defining digital assets, resolving SEC–CFTC jurisdiction overlap, and setting rules for decentralised platforms. The move brings long-needed regulatory clarity, boosting industry confidence even as Democrats raise concerns over safeguards and stablecoin provisions. ...Less

Bitcoin held above the $80,000 mark despite hotter-than-expected U.S. inflation data, reflecting resilien ...More

Bitcoin held above the $80,000 mark despite hotter-than-expected U.S. inflation data, reflecting resilient investor sentiment in the crypto market. While Ethereum and select altcoins traded lower, analysts highlighted improving on-chain activity, institutional inflows and active buyer support, even as macroeconomic uncertainty and interest rate concerns kept broader market sentiment cautious. ...Less

Bitcoin hovers near the $80,000 mark. Experts note cautious sentiment following outflows from US-listed s ...More

Bitcoin hovers near the $80,000 mark. Experts note cautious sentiment following outflows from US-listed spot Bitcoin ETFs. Major altcoins like XRP, BNB, and Solana saw gains. The global crypto market capitalization increased. Institutional demand continues to support the market. Bitcoin's resilience near $80,000 indicates underlying strength. ...Less

Bitcoin slipped below $81,000 after briefly crossing $82,000 as geopolitical tensions rose following US P ...More

Bitcoin slipped below $81,000 after briefly crossing $82,000 as geopolitical tensions rose following US President Donald Trump’s rejection of Iran’s peace proposal. Despite volatility, BTC held key support, while institutional buying and ETF inflows signalled steady demand. Altcoins were mixed, with select tokens gaining while others declined. ...Less

Bitcoin hovered near $81,000 despite strong US jobs data, buoyed by robust ETF inflows and optimism surro ...More

Bitcoin hovered near $81,000 despite strong US jobs data, buoyed by robust ETF inflows and optimism surrounding the CLARITY Act vote. Analysts note institutional demand remains strong, with the week ahead focused on CPI data and Fed signals. Geopolitics and macroeconomic factors are key drivers for the volatile crypto market. ...Less

Bitcoin has dipped below the $80,000 mark. This pullback follows a strong rally and is influenced by risi ...More

Bitcoin has dipped below the $80,000 mark. This pullback follows a strong rally and is influenced by rising geopolitical tensions. Investors are booking profits, and leveraged positions are being liquidated. Despite this, spot Bitcoin ETFs continue to see significant inflows, indicating ongoing institutional interest. The market is navigating a consolidation phase, with attention shifting to economic data. ...Less

Bitcoin hovered near $78,000 as the global crypto market cap approached $2.6 trillion, supported by stron ...More

Bitcoin hovered near $78,000 as the global crypto market cap approached $2.6 trillion, supported by strong ETF inflows of $1.9 billion. While institutional demand remains firm, analysts highlight neutral sentiment and caution over volatility, as gains are driven more by futures activity than spot buying across markets. ...Less

Bitcoin surged to $82,700 on optimism surrounding a US-Iran deal, which eased energy market concerns. How ...More

Bitcoin surged to $82,700 on optimism surrounding a US-Iran deal, which eased energy market concerns. However, it retreated to $80,000 as doubts emerged. Analysts note strong spot demand and institutional support, with Bitcoin dominance rising. Key levels to watch include $80,500 and a CME gap near $93,000. ...Less

Bitcoin surged past $81,000, driven by strong institutional demand and short-covering, though experts cau ...More

Bitcoin surged past $81,000, driven by strong institutional demand and short-covering, though experts caution it's not a clean breakout yet. While demand remains robust, significant profit-taking was observed, with Bitcoin holders realizing substantial gains. The cryptocurrency's move above $80,000 signals a shift towards risk-on momentum in the broader crypto market. ...Less

Bitcoin traded near $77,000, signalling a bullish trend, while Ethereum showed neutral momentum around $2 ...More

Bitcoin traded near $77,000, signalling a bullish trend, while Ethereum showed neutral momentum around $2,300. Crypto markets posted modest gains over 24 hours, though weekly trends remained mixed. Analysts flagged resistance near $80,000, ETF outflows, and macro pressures as key factors influencing near-term price consolidation and market sentiment. ...Less

Bitcoin surged past $79,900, fueled by strong ETF inflows and marking its best monthly gain in a year. An ...More

Bitcoin surged past $79,900, fueled by strong ETF inflows and marking its best monthly gain in a year. Analysts anticipate continued momentum towards the mid-$80,000s, with the Federal Reserve's leadership transition being a key macro driver. The cryptocurrency's resilience and growing maturity are evident as it crosses significant price milestones. ...Less

Bitcoin surged past the $80,000 mark, driven by a combination of institutional demand, shrinking supply, ...More

Bitcoin surged past the $80,000 mark, driven by a combination of institutional demand, shrinking supply, and a decline in oil-driven inflation hedges. Geopolitical de-escalation also contributed to a risk-on sentiment, boosting the cryptocurrency's performance despite some volatility in major altcoins. ...Less

Bitcoin and Ethereum are holding steady near recent highs. Despite a minor dip, buying interest remains s ...More

Bitcoin and Ethereum are holding steady near recent highs. Despite a minor dip, buying interest remains strong. The global crypto market cap has edged down, but trading volumes are up. Analysts suggest the market is in a risk-off mode, with institutional demand providing support. Near-term sentiment hinges on Bitcoin's key support levels and macro economic cues. ...Less

Bitcoin and Ethereum are trading near recent peaks. Bitcoin shows strong monthly performance and increasi ...More

Bitcoin and Ethereum are trading near recent peaks. Bitcoin shows strong monthly performance and increasing dominance. Major altcoins saw mixed movements. Global crypto market capitalization slightly decreased. Geopolitical tensions and monetary policy uncertainty are influencing markets. Bitcoin is seen as an alternative macro asset. Capital remains concentrated in major cryptocurrencies. ...Less

Bitcoin and Ethereum experienced declines following the US Federal Reserve's decision to hold interest ra ...More

Bitcoin and Ethereum experienced declines following the US Federal Reserve's decision to hold interest rates steady. Despite market expectations, both cryptocurrencies faced pressure, with Bitcoin dipping below a key support level. The broader crypto market saw a slight dip, reflecting ongoing caution amid macroeconomic uncertainties, though underlying demand remains robust. ...Less

Bitcoin consolidated near the $77,000 mark on Wednesday ahead of the US Fed's rate decision, while expert ...More

Bitcoin consolidated near the $77,000 mark on Wednesday ahead of the US Fed's rate decision, while experts believe that the next key trigger might be the April CPI report. The cryptocurrency was trading at the $77,159 mark. ...Less

Bitcoin held near $78,000, supported by steady ETF inflows and low exchange reserves, indicating sustaine ...More

Bitcoin held near $78,000, supported by steady ETF inflows and low exchange reserves, indicating sustained institutional demand. Ethereum declined while altcoins showed mixed trends. Market sentiment remains stable amid easing macro concerns, though profit booking and futures-driven momentum suggest cautious near-term upside as investors track key resistance levels. ...Less

Bitcoin is trading near the $77,000 to $79,000 mark. Nine consecutive days of strong inflows totaling ove ...More

Bitcoin is trading near the $77,000 to $79,000 mark. Nine consecutive days of strong inflows totaling over $2.1 billion show renewed institutional confidence. Easing geopolitical tensions also boost investor sentiment. Analysts suggest this could be Bitcoin's best April since 2020 if momentum continues. A move above $80,000 is seen as a key confirmation for further gains. ...Less

The crypto platform experienced a breach involving its multisig wallet, which typically requires two or m ...More

The crypto platform experienced a breach involving its multisig wallet, which typically requires two or more private keys to authenticate and confirm transactions before processing. WazirX had also put out a poll on social media platforms to gauge feedback from users and various other stakeholders. ...Less

In August, the agency said it had conducted searches on one of the directors of M/s Zanmai Lab Pvt Ltd, w ...More

In August, the agency said it had conducted searches on one of the directors of M/s Zanmai Lab Pvt Ltd, which operates WazirX and had issued a freezing order to freeze their bank balances to the tune of Rs. 64.67 crores. ...Less

WazirX has decided to implement a "socialized loss" strategy following a major cyberattack that compromis ...More

WazirX has decided to implement a "socialized loss" strategy following a major cyberattack that compromised nearly half of its user funds. According to a statement from WazirX, this approach aims to spread the financial impact across all users, enabling them to access a portion of their assets immediately while maintaining the possibility of further recovery ...Less

“Binance does not own any shares in Zanmai Labs, the entity operating WazirX and established by the origi ...More

“Binance does not own any shares in Zanmai Labs, the entity operating WazirX and established by the original founders,” founder and chief executive Changpeng Zhao told ET in response to queries about the ED probe. ...Less

Binance had said it had acquired WazirX back in 2019 ...More

Binance had said it had acquired WazirX back in 2019 ...Less

The group, which is frustrated by the sudden closure of the marketplace and has faced multiple technical ...More

The group, which is frustrated by the sudden closure of the marketplace and has faced multiple technical issues in listing and accessing their NFTs in the months since the WazirX marketplace’s shutdown. ...Less

Users were led to believe funds deposited in WazirX were managed by Binance but this is not the case, say ...More

Users were led to believe funds deposited in WazirX were managed by Binance but this is not the case, says a spokesperson, adding Binance is ending off-chain fund transfers with WazirX. ...Less

This follows Binance's decision last week to not let WazirX use its wallet services. ...More

This follows Binance's decision last week to not let WazirX use its wallet services. ...Less

Meanwhile, Zanmai Labs, which operates WazirX in India, is exploring the legal route amid an ownership di ...More

Meanwhile, Zanmai Labs, which operates WazirX in India, is exploring the legal route amid an ownership dispute with the world’s largest exchange by volume, according to sources. ...Less

Liminal Custody announced that an independent audit by Grant Thornton cleared them of involvement in the ...More

Liminal Custody announced that an independent audit by Grant Thornton cleared them of involvement in the $230 million cyberattack on July 18, 2024. The audit found no vulnerabilities within Liminal’s systems, suggesting the breach likely stemmed from WazirX's end. ...Less

Founder claims deal WazirX struck involved Binance’s parent entity ...More

Founder claims deal WazirX struck involved Binance’s parent entity ...Less

A spokesperson for WazirX said that it had informed the NCB that the accused had not used its platform. ...More

A spokesperson for WazirX said that it had informed the NCB that the accused had not used its platform. ...Less

Bitcoin surged to a two-month peak near $78,000, buoyed by easing geopolitical tensions and investor conf ...More

Bitcoin surged to a two-month peak near $78,000, buoyed by easing geopolitical tensions and investor confidence. Ethereum also saw gains, with major altcoins like XRP and BNB following suit. Analysts point to key resistance levels for Bitcoin and positive momentum for Ethereum, while regulatory developments and institutional inflows are fueling a healthy market expansion. ...Less

The Narcotics Control Bureau (NCB) arrested Makarand Pardeep Adivirkar, aka Cryptoking, in Mumbai for all ...More

The Narcotics Control Bureau (NCB) arrested Makarand Pardeep Adivirkar, aka Cryptoking, in Mumbai for allegedly using bitcoin to purchase LSD on the dark web. According to NCB, he allegedly used WazirX to deal in the contraband. ...Less

But WazirX has promised to make amends and is working on launching an upgrade for its cryptocurrency trad ...More

But WazirX has promised to make amends and is working on launching an upgrade for its cryptocurrency trading engine named Project Raftaar. It remains to be seen, however, how it copes with the next bitcoin price crash. ...Less

WazirX announced on Wednesday that it is ending its custody arrangement with Liminal Custody following a ...More

WazirX announced on Wednesday that it is ending its custody arrangement with Liminal Custody following a major hack that resulted in the theft of Rs 2,000 crore ($230 million) from its multisig wallet. ...Less

The court's decision followed WazirX’s request for a six-month moratorium under Section 64 of the Insolve ...More

The court's decision followed WazirX’s request for a six-month moratorium under Section 64 of the Insolvency, Restructuring, and Dissolution Act (IRDA). However, the court granted a shorter, four-month period. ...Less

WazirX was founded in 2018 by Nischal Shetty, Siddharth Menon, and Sameer Mhatre. It quickly took the lea ...More

WazirX was founded in 2018 by Nischal Shetty, Siddharth Menon, and Sameer Mhatre. It quickly took the lead in the Indian crypto market, growing to over 16 million users. Here’s a look at what caused it to shut down operations for more than a year and the measures it has taken to revive itself. ...Less

Indian crypto exchange WazirX faces temporary withdrawal suspension due to a security breach. Multisig wa ...More

Indian crypto exchange WazirX faces temporary withdrawal suspension due to a security breach. Multisig wallets compromised, funds moved to new address. Users advised to revoke approvals for safety. Investigation ongoing. Traders urged to stay calm and await resolution. ...Less

The agency’s statement comes days after the minister for state (Finance) Pankaj Chaudhary told the Parlia ...More

The agency’s statement comes days after the minister for state (Finance) Pankaj Chaudhary told the Parliament that WazirX was being probed under money laundering. ...Less

Singapore High Court approved WazirX's parent Zettai's restructuring plan, allowing the Indian crypto exc ...More

Singapore High Court approved WazirX's parent Zettai's restructuring plan, allowing the Indian crypto exchange to resume operations and begin asset redistribution. Following a creditor re-vote, WazirX expects to reopen by late October, prioritizing orderly withdrawals and enhanced security with third-party custodians like BitGo. ...Less

WazirX appoints Zodia Custody as its official custodian for secure asset management ahead of its relaunch ...More

WazirX appoints Zodia Custody as its official custodian for secure asset management ahead of its relaunch. The partnership ensures compliance and protection for users' digital assets. ...Less

Pankaj Chaudhary said that the Directorate of Enforcement is probing alleged money laundering of Rs 2,790 ...More

Pankaj Chaudhary said that the Directorate of Enforcement is probing alleged money laundering of Rs 2,790 crore through crypto exchange WazirX. ...Less

In a Slack communication sent by WazirX’s human resources department on Monday, the company told employee ...More

In a Slack communication sent by WazirX’s human resources department on Monday, the company told employees that it disagrees with the ED’s allegations. ...Less

Mandiant Solutions, a Google subsidiary and cybersecurity expert, confirmed that cryptocurrency exchange ...More

Mandiant Solutions, a Google subsidiary and cybersecurity expert, confirmed that cryptocurrency exchange WazirX's laptops were secure amidst a cyberattack that stole over $230 million. Investigations to recover assets and identify culprits continue. ...Less

WazirX is set to resume operations after a 15-month hiatus following a $235 million cyberhack. The Singap ...More

WazirX is set to resume operations after a 15-month hiatus following a $235 million cyberhack. The Singapore High Court approved a restructuring plan, promising users 85% of their balances by July 18, 2024, with the remainder over three years. ...Less

While Ethereum is globally the most popular blockchain for minting non-fungible tokens, WazirX will use i ...More

While Ethereum is globally the most popular blockchain for minting non-fungible tokens, WazirX will use its parent company Binance’s blockchain technology for the NFT marketplace. ...Less

Cryptocurrency platform WazirX suffered the biggest cyberattack on an Indian exchange, with hackers steal ...More

Cryptocurrency platform WazirX suffered the biggest cyberattack on an Indian exchange, with hackers stealing more than $230 million worth of investor holdings, or nearly half of the platform's estimated reserves. Blockchain experts indicated possible involvement of the cybercriminal group Lazarus behind the attack. But the exchange is now facing backlash online. ...Less

WazirX successfully froze $3 million in stolen assets from last year's cyberattack. Efforts spearheaded b ...More

WazirX successfully froze $3 million in stolen assets from last year's cyberattack. Efforts spearheaded by founder Nischal Shetty aim to recover the entire $230 million stolen in 2024. Collaboration with law enforcement, forensic experts, and legal advisors continues to track and recuperate the lost funds while maintaining trust and security in cryptocurrency operations. ...Less

In its year-end report for 2022, WazirX said: “After five years of consistent efforts to provide easy cry ...More

In its year-end report for 2022, WazirX said: “After five years of consistent efforts to provide easy crypto access to users, we witnessed market sentiments reaching an alarming low. This was in contrast to the positive sentiment we saw in the last few years, especially in 2021, when crypto saw its best bull run ever”. ...Less

WazirX is set to resume operations on October 24, offering 0% trading fees on select crypto pairs, includ ...More

WazirX is set to resume operations on October 24, offering 0% trading fees on select crypto pairs, including USDT/INR. The exchange has partnered with BitGo for insured custody, strengthening asset protection, regulatory compliance, and preparing for token distributions to creditors as part of its restructuring. ...Less

Sources privy to Wednesday's hearing told ET, the Singapore court observed that WazirX-operating entity Z ...More

Sources privy to Wednesday's hearing told ET, the Singapore court observed that WazirX-operating entity Zettai Pte Ltd was not registered in India and hence the restructuring Scheme shall not be valid. ...Less

Nischal Shetty said that unlike other blockchains, Shardeum will solve for scalability and expensive tran ...More

Nischal Shetty said that unlike other blockchains, Shardeum will solve for scalability and expensive transaction costs, while maintaining a high level of decentralisation, which he said was lacking in most blockchains today. ...Less

The WazirX cyberattack, which led to a $235 million loss, represents a critical "Crucible Moment" for the ...More

The WazirX cyberattack, which led to a $235 million loss, represents a critical "Crucible Moment" for the company. To regain trust, WazirX is implementing a restructuring plan allowing users to recover up to 85% of stolen funds through Recovery Tokens. Transparency, proactive communication, and regulatory compliance are key to rebuilding confidence. User participation in the upcoming voting process is crucial for a legally binding recovery. ...Less

The firm had moved the court through an application on December 6, 2024, seeking permission to convene a ...More

The firm had moved the court through an application on December 6, 2024, seeking permission to convene a meeting with creditors (users) to present and vote on a proposed scheme aimed at providing quick and fair recoveries for unsecured creditors who lost funds in a cyber attack on WazirX in July last year. ...Less

Last year, ET reported that WazirX was hit by one of the biggest cyberattacks on an Indian crypto exchang ...More

Last year, ET reported that WazirX was hit by one of the biggest cyberattacks on an Indian crypto exchange. Hackers made off with more than $230 million worth of investor funds, nearly half of the platform's estimated reserves. Blockchain experts indicated possible involvement of the cybercriminal group Lazarus in the attack. ...Less

However, the top management or founders of the company refused to comment when approached by ETmarkets.co ...More

However, the top management or founders of the company refused to comment when approached by ETmarkets.com. They refused to respond to ETMarket's query as the matter remains under investigation. ...Less

India's WazirX crypto exchange faced a significant security breach, leading to a $230 million loss. To ad ...More

India's WazirX crypto exchange faced a significant security breach, leading to a $230 million loss. To address this, WazirX will use a 'socialized loss' approach, distributing the burden among all users. ...Less

Wazirx security breach: Indian crypto exchange WazirX said in a post on X (formerly Twitter), "We're awar ...More

Wazirx security breach: Indian crypto exchange WazirX said in a post on X (formerly Twitter), "We're aware that one of our multisig wallets has experienced a security breach." They added the firm is actively investigating the incident. “Some preliminary investigations by researchers suggest the Lazarus group was behind the attack,” Aditya Singh, crypto watcher and influencer told ET. ...Less

The Delhi High Court seeks responses from the government, RBI, and others on a petition for an investigat ...More

The Delhi High Court seeks responses from the government, RBI, and others on a petition for an investigation into a cyberattack on WazirX, which lost $230 million in cryptocurrencies. Meanwhile, serious concerns have also been raised about BitBNS following user issues. Justice Datta questioned RBI's stance on crypto regulation, terming it 'unfortunate.' ...Less

Bitcoin, Tether, Shiba Inu, Dogecoin, WazirX Token and Matic (MATIC) were the most-traded cryptos on the ...More

Bitcoin, Tether, Shiba Inu, Dogecoin, WazirX Token and Matic (MATIC) were the most-traded cryptos on the exchange. ...Less

Warns users who are withdrawing funds to international exchanges of compliance issues. ...More

Warns users who are withdrawing funds to international exchanges of compliance issues. ...Less