Key Takeaways Leading crypto exchange Bybit has announced a temporary suspension of its trading services in India, citing evolving regulatory requirements.As per the official announcement, from January 12 at 8:00 am UTC, Bybit will halt key services, including cryptocurrency trading,…
Key Takeaways Leading crypto exchange, CoinSwitch, has announced a ₹600 crore recovery initiative titled “CoinSwitch Cares” to assist users affected by the $230 Million WazirX hack in July 2024. The recovery program aims to provide affected users with a pathway…
NFT is not a hidden gem anymore. A new and exclusive term flooding in the crypto industry, but how to buy an NFT is something that creates a stoppage. Here we have come up with an article on how to…
Key Takeaways Delhi Police have made a significant breakthrough in the investigation of the $235 million hack of India-based crypto exchange WazirX, arresting SK Masud Alam from West Bengal. The arrest was made by the Special Cell of the Delhi…
Key Takeaways Chirag Tomar, a 31-year-old Indian national, has been sentenced to five years in prison for his role in a $20 million cryptocurrency fraud scheme that targeted Coinbase users globally. The sentence was handed down by U.S. District Judge…
Key Takeaways On August 26, the Governor of the Reserve Bank of India, Shri Shaktikanta Das, spoke about the progress of India’s digital rupee initiative adding that Central Bank Digital Currency (CBDC) pilot, which began in late 2022, now has…
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WazirX, an Indian crypto exchange, has announced when withdrawals will be allowed again after a hack cost investors $234 million.
Key Takeaways India-based crypto exchange CoinDCX has introduced a Rs 50 crore Crypto Investors Protection Fund (CIPF) to compensate users for losses from security breaches. The fund, initiated from CoinDCX’s own cash reserves, is designed to provide a safety net…
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