The Latest Breaking News from WazirX

The crypto industry lost more than $266 million in July, most of which was suffered by WazirX, which has been accused of not being transparent about the exploit and not doing enough to handle the matter for the benefit of its users.

The broader crypto industry is evolving ways to protect investors from hacks and frauds, but bad actors are evolving too, as exhibited last week, when WazirX was exploited for a staggering $230 million.

A select list of stories to read before you start your day

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

A day after the Indian Enforcement Directorate (ED) froze assets worth $8.1 million of cryptocurrency exchange firm WazirX as part of a money laundering probe, a Twitter war has broken out between the exchange’s founder Nischal She

The Enforcement Directorate (ED), tasked by the Indian government to probe major financial crimes, announced Friday it had frozen assets worth $8.1 million of cryptocurrency exchange WazirX as part of an investigatio

“The lax KYC norms, loose regulatory control of transactions between WazirX and Binance, non-recording of transactions on block chains to save costs and non-recording of the KYC of the opposite wallets has ensured that WazirX is not able to give any account for the missing crypto assets,” the ED alleged…

About 83% of traders believe that the government’s decision to levy 1% Tax Deducted at Source (TDS) on transactions involving digital assets has deterred their trading frequency, according to a survey.

A shadow of fear and uncertainty in India's cryptocurrency ecosystem has brought the top exchanges in the country to their knees with trading volumes for the likes of Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and