WazirX Hack Mystery Deepens: Bounty Offered as Experts Suspect North Korea in $235M Exploit

Analysis of the $235 million theft from Indian exchange WazirX

On July 18, 2024, according to Beosin Alert monitoring warning, the Indian exchange WazirX was attacked, involving funds of more than US$235 million.

Stride: stTIA Launch and the Generous 500M STRD Airdrop

Stride's stTIA launch and STRD airdrop enhance Cosmos' DeFi, rewarding users, fostering community growth, and promoting long-term stability through strategic token distribution and inclusive participation mechanisms.

Bitcoin ATM Operator Coin Cloud Files for Bankruptcy With Liabilities of $100M-$500M

Indian Crypto Exchange WazirX Lays Off 40% of Its Employees: Sources

The laid off workers were told they would be paid for 45 days.

MicroStrategy To Reinvest $500M Stock Sales Into Bitcoin: SEC Filing

MicroStrategy, the largest institutional Bitcoin (BTC) buyer, entered an agreement with two agents to sell its aggregated class A common stock worth $500,000,000.

Indian law enforcement accuses WazirX exchange of aiding in laundering of $130M

India’s Enforcement Directorate, which investigates financial crime, has frozen WazirX bank accounts while it looks at transfers from instant loan companies to international wallets.

Binance sides with Indian regulators in WazirX fallout to cease support for off-chain transfers

Binance denied any equity ownership in the India-based crypto exchange after the latter came under regulatory scrutiny.

Indian authorities freeze $8.1M in WazirX funds as part of AML investigation

The Directorate of Enforcement of India alleged that WazirX "actively assisted around 16 accused fintech companies in laundering the proceeds of crime using the crypto route."

Bitcoin claws back $40K as 24-hour crypto liquidations near $500M

Incoming CPI data is set to shock markets, while Bitcoin traders are eyeing the event as a potential “short-term bounce” catalyst.

Crypto exchange CoinDCX raises $135M funding to support Indian Web3

The latest funding round doubled CoinDCX’s valuation to $2.15 billion, making it the most-valued crypto company in India.