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Wazirx to Reverse All Trades Made After Withdrawal Freeze

Bitcoin.com
Wazirx to Reverse All Trades Made After Withdrawal Freeze
balance
Wazirx to Reverse All Trades Made After Withdrawal FreezeIndian crypto exchange Wazirx has decided to reverse all trades made after withdrawals were halted following the recent cyberattack. The exchange announced that this process will take place over the next few days, with all users’ portfolio balances on the platform being restored to their July 18 post-hack levels. Wazirx to Reverse Trades Following Withdrawal […]
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Bitwise files Form S-1 for spot Solana ETF with SEC

Bitwise files Form S-1 for spot Solana ETF with SEC

CoinDCX introduces protection fund to secure Indian crypto users

Coin Telegraph
CoinDCX introduces protection fund to secure Indian crypto users
CIPF

CoinDCX's Crypto Investors Protection Fund will enhance user security by allocating 2% of brokerage income annually to safeguard assets.

CoinDCX, one of India's leading cryptocurrency exchanges, has introduced the Crypto Investors Protection Fund (CIPF), aiming to establish a higher security standard within the Indian crypto market.

A press release shared with Cointelegraph states that the CIPF “is designed to compensate users for losses incurred in extremely rare scenarios.”

This user compensation includes “security breaches or other adverse events” and will feature an initial allocation of 50 crore rupees, worth around $595,800.

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Bitwise files Form S-1 for spot Solana ETF with SEC

Bitwise files Form S-1 for spot Solana ETF with SEC

India’s Web3 alliance tightens cybersecurity after Wazirx attack

Coin Telegraph
India’s Web3 alliance tightens cybersecurity after Wazirx attack
Bharat Web3 Association

The BWA’s initiatives highlight an increasing awareness of the importance of cybersecurity in preserving trust and integrity in digital finance.

Following the $230 million hack on WazirX, India’s Bharat Web3 Association (BWA) is increasing its focus on strengthening cybersecurity and improving consumer protection within the crypto industry.

According to local media, the BWA, chaired by Dilip Chenoy, has formed two new internal groups specifically to address these issues and investigate the recent security breach.

One group will focus on cybersecurity, comprising chief information security officers from member firms. This team will develop standard operating procedures and implement solutions designed to prevent future security breaches.

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Bitwise files Form S-1 for spot Solana ETF with SEC

Bitwise files Form S-1 for spot Solana ETF with SEC

Coindcx Urges Wazirx to Reconsider Passing 45% Losses to Customers

Bitcoin.com
Coindcx Urges Wazirx to Reconsider Passing 45% Losses to Customers
bitcoin.com
Coindcx Urges Wazirx to Reconsider Passing 45% Losses to CustomersThe CEO of Indian crypto exchange Coindcx has criticized Wazirx’s approach in response to a recent $230 million cyberattack. Urging Wazirx to take responsibility, he stressed: “Making customers directly absorb the 45% losses is utter nonsense.” Wazirx is working to recover and reopen its platform, providing updates and taking legal actions, while assuring users about […]
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Bitwise files Form S-1 for spot Solana ETF with SEC

Bitwise files Form S-1 for spot Solana ETF with SEC

Indian Crypto Exchange Coindcx Going Global With Bitoasis Acquisition

Bitcoin.com
Indian Crypto Exchange Coindcx Going Global With Bitoasis Acquisition
bitcoin.com
Indian Crypto Exchange Coindcx Going Global With Bitoasis AcquisitionIndian crypto exchange Coindcx is expanding globally by acquiring the Middle Eastern digital asset platform Bitoasis. This strategic move enhances Coindcx’s presence in the Middle East and North Africa (MENA) region while allowing Bitoasis to retain its branding and leadership, signaling a new phase of growth and maturity for both companies. Big Milestone: 2 Market […]
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Bitwise files Form S-1 for spot Solana ETF with SEC

Bitwise files Form S-1 for spot Solana ETF with SEC

Digital Identity Startup Unstoppable Domains Secures $65 Million in a Series A Led by Pantera Capital

Bitcoin.com
Digital Identity Startup Unstoppable Domains Secures Million in a Series A Led by Pantera Capital
Alchemy Ventures
Digital Identity Startup Unstoppable Domains Secures Million in a Series A Led by Pantera CapitalOn Wednesday, the Web3 digital identity platform Unstoppable Domains announced the company has secured $65 million in financing in a Series A funding round led by Pantera Capital. The latest funding gives Unstoppable Domains a post valuation of $1 billion, pushing the blockchain startup up to unicorn status. Unstoppable Domains Joins the Growing List of […]
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Bitwise files Form S-1 for spot Solana ETF with SEC

Bitwise files Form S-1 for spot Solana ETF with SEC

Indian Crypto Trading Volumes Plummet After New TDS Tax Rule Takes Effect

Bitcoin.com
Indian Crypto Trading Volumes Plummet After New TDS Tax Rule Takes Effect
BitBNS
Indian Crypto Trading Volumes Plummet After New TDS Tax Rule Takes EffectCryptocurrency trading volumes across exchanges in India have plunged after the country’s 1% tax deducted at source (TDS) went into effect at the beginning of the month. Some major crypto exchanges saw volumes dropping by about 80%. Crypto Trading Volumes Fall Across India The trading volumes across crypto exchanges in India have fallen sharply after […]
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Bitwise files Form S-1 for spot Solana ETF with SEC

Bitwise files Form S-1 for spot Solana ETF with SEC

Indian Crypto Exchanges Disable UPI, Other Payment Options

Bitcoin.com
Indian Crypto Exchanges Disable UPI, Other Payment Options
bitcoin.com
Indian Crypto Exchanges Disable UPI, Other Payment OptionsA number of cryptocurrency exchanges in India are disabling rupee deposits, particularly payments using the Unified Payments Interface (UPI) system. This followed a statement issued by the National Payments Corporation of India (NPCI) regarding the usage of the UPI system by crypto exchanges. Indian Exchanges Stop Offering Major Payment Options Options to deposit Indian rupees […]
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Bitwise files Form S-1 for spot Solana ETF with SEC

Bitwise files Form S-1 for spot Solana ETF with SEC

India’s Crypto Trading Volume Plunges Further as Mobikwik Stops Payment Service

Bitcoin.com
India’s Crypto Trading Volume Plunges Further as Mobikwik Stops Payment Service
30% tax
India’s Crypto Trading Volume Plunges Further as Mobikwik Stops Payment ServiceCryptocurrency trading volumes in India have plunged further across exchanges as traders mull over the 30% crypto taxation. In addition, popular payment service provider Mobikwik has stopped service to exchanges. Crypto Trading Volume in India Plunges Further Cryptocurrency trading volume in India continues to slide after the government began taxing crypto income at 30% without […]
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Bitwise files Form S-1 for spot Solana ETF with SEC

Bitwise files Form S-1 for spot Solana ETF with SEC

Indian Government Reveals 11 Crypto Exchanges Investigated for Tax Evasion, $13 Million Recovered

Bitcoin.com
Indian Government Reveals 11 Crypto Exchanges Investigated for Tax Evasion, Million Recovered
bitcoin.com
Indian Government Reveals 11 Crypto Exchanges Investigated for Tax Evasion, Million RecoveredThe Indian government has revealed that 11 cryptocurrency exchanges have been under investigation by the country’s tax authority. About 95.86 crore rupees ($12.6 million) have been recovered from them. 11 Crypto Exchanges Investigated for Tax Evasion The Indian government answered some questions regarding the taxation of cryptocurrency exchanges Monday in Lok Sabha, the lower house […]
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Bitwise files Form S-1 for spot Solana ETF with SEC

Bitwise files Form S-1 for spot Solana ETF with SEC

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