[ad_1] In a relief to Indian crypto exchange WazirX, the Enforcement Directorate (ED) unfroze its bank accounts. WazirX communicated in a blog post on Monday that it is now in a position to continue banking operations as usual, over a month after the ED froze its bank accounts to inspect money laundering cases. WazirX said […]
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[ad_1] The week brought Bitcoin back under $20,000 in value on Saturday while Ether once again fell below $1,600. Most of the top fifty cryptocurrencies and tokens by market cap saw weekly losses as well, while the sector deals with more regulatory interferences The week brought Bitcoin back under $20,000 in value on Saturday while […]
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[ad_1] The week came to a close with Bitcoin (BTC) just under $24,000, as was the case last week. And Ether (ETH) jumped over 24% this week to rest at under $1,900. However, major crypto events in the past few days had more to do with crypto exchanges and their owners The week came to […]
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[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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[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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[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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[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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[ad_1] Twenty-four-year-old Akshay Golellu, a cryptocurrency investor has withdrawn his digital assets from WazirX, India’s largest cryptocurrency exchange. “I didn’t want to risk my hard-earned savings. It could be just a matter of time before we won’t be able to withdraw or deposit, especially with the authorities taking action against the company.” He sums up […]
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[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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[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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