WazirX users eye other Indian cryptocurrency exchanges after ED probe

[ad_1] Users of the Indian cryptocurrency exchange WazirX are actively looking for new ways to deposit their cryptos to other exchanges. This comes days after the Enforcement Directorate (ED) said it had frozen bank balances of Rs 64.67 crore belonging to WazirX. “I don’t wish to take any further risks,” said Nishant Bhalerao, 28, a […]

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Cryptocurrency Binance WazirX India Enforcement Directorate probe money laundering crypto

[ad_1] The news comes as Binance’s CEO and WazirX’s CEO had a vocal disagreement on Twitter regarding the ownership of WazirX The news comes as Binance’s CEO and WazirX’s CEO had a vocal disagreement on Twitter regarding the ownership of WazirX After India’s Enforcement Directorate (ED) issued orders to freeze ₹64.67 crores worth of crypto […]

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‘No affiliations, unaware about purpose of transactions’, WazirX on latest ED probe

[ad_1] Days after the Enforcement Directorate (ED) probed WazirX, India’s largest cryptocurrency exchange, the company said that it has no affiliation with any users who indulge in illicit activities. This comes after the ED on Friday said it has seized Rs 65 crore after it found evidence against the company while investigating non-banking financial companies […]

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Closing off-chain fund transfers with WazirX: Binance

[ad_1] Effective from August 11, Binance will cease to support off-chain fund transfers between WazirX exchange and Binance via the “Login with Binance” option after the Enforcement Directorate froze ₹64.67 crore worth bank deposits of WazirX Effective from August 11, Binance will cease to support off-chain fund transfers between WazirX exchange and Binance via the […]

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After ED investigation, Binance CEO Changpeng Zhao denies WazirX ownership

[ad_1] Indian cryptocurrency exchange WazirX is in hot water again after Binance, the world’s largest crypto exchange, claimed that it “does not own any equity in Zanmai Labs’, the entity operating WazirX. Binance issued the statement hours after the Enforcement Directorate (ED) on Friday said it had frozen bank balances of Rs 64.67 crore belonging […]

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Weekly Crypto Roundup: new rules, severe report cards, and yet more hacks

[ad_1] Mainstream companies and regulators are feeling the ripples coming from the crypto industry Mainstream companies and regulators are feeling the ripples coming from the crypto industry As several crypto firms reported falling revenues in the second quarter of 2022, a growing number of traders are facing the ripple effect of the meltdown spreading from the […]

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Crypto sector hit by a security exploit draining over 8,000 Solana wallets

[ad_1] Crypto traders reported that their SOL cryptocurrency and USDC stablecoins had been stolen Crypto traders reported that their SOL cryptocurrency and USDC stablecoins had been stolen Cryptocurrency traders who invested in Solana, the ninth biggest blockchain by market cap, were alerted today to an alleged security exploit which saw thousands of wallets being drained […]

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Dutch central bank fines Binance 3.3 million euros

[ad_1] The crypto exchange giant has faced regulatory hurdles worldwide even as it grows by the day The crypto exchange giant has faced regulatory hurdles worldwide even as it grows by the day The Dutch central bank (DNB) on Monday said it had fined Binance, one of the biggest cryptocurrency exchanges, 3.3 million euros ($3.35 […]

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Weekly Crypto Roundup: testing times, trapped funds, and thefts

[ad_1] Bitcoin spent most of its time around the $20k mark, before rising slightly over $22,000 on Friday Bitcoin spent most of its time around the $20k mark, before rising slightly over $22,000 on Friday Testing times Crypto watchers and investors hoping for a dramatic change in the market were again disappointed this week as […]

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