Cryptocurrency prices in India on (19 Aug 2024)

WazirX Theft: Hackers Behind INR 2,000 Crore Theft Withdraw Digital Assets and Launder Over USD 12 Million via Tornado Cash Platform

The hackers behind the Rs 2,000 crore (about $234 million) WazirX theft have started withdrawing the stolen digital assets and have reportedly laundered more than $12 million via Tornado Cash platform.

WazirX Data Breach Update: 43% of Crypto Exchange Customers To Lose Their Money, Demand Grows for Scrutiny

After a massive Rs 2,000 crore data breach, more bad news awaits WazirX customers — including at least 4.2 million Indian users — as nearly 43 per cent of them are likely to lose their money.

CoinSwitch Sues WazirX To Recover Stuck Funds on Crypto Platform

Indian cryptocurrency exchange CoinSwitch has sued rival platform WazirX, saying they are taking legal action to recover the funds stuck on Nischal Shetty-run crypto platform.

WazirX Data Security Breach: Experts Demand Thorough Investigation by State Authorities Over INR 2,000 Crore Data Asset Theft

The WazirX data security breach, which resulted in a massive theft of over Rs 2,000 crore worth of digital assets, has once again exposed persistent vulnerabilities within the crypto ecosystem, experts said on Monday, demanding a thorough investigation by state authorities considering the magnitude of the cyber-crime.

WazirX Data Breach Update: Liminal Custody Hits Back at Nischal Shetty-Run Crypto Exchange After It Claimed Cyberattack Originated There

Digital assets security firm Liminal Custody on Monday hit back at the WazirX cryptocurrency exchange, raising 'serious questions' on the Nischal Shetty-run platform which lost a massive Rs 2,000 crore worth digital assets in a recent data breach. WazirX claimed that a third-party forensic audit was conducted with Google's subsidiary Mandiant.

Ethereum-Themed Crypto Fraud: Wacon CEO Byun Young-Oh Arrested in South Korea for Running Cryptocurrency Ponzi-Style Scheme, Targeted Elderly Victims

Byun Young-oh, CEO of South Korean crypto platform Wacon arrested for running Ethereum-themed cryptocurrency fraud of USD 366 million. He mostly targeted senior citizens for his Ponzi-style scheme.

Cryptocurrency Platform Binance Recovers USD 73 Million Lost to Hackers and Scammers, Reaffirms Commitment To Boost Overall Security

World's largest cryptocurrency platform Binance said it recovered USD 73 million at the end of July 2024 which it lost to the hackers and scammers. The platform further said it would keep boosting the overall security of the users.

ED Seizes INR 1 Crore Cash, Incriminating Documents and Property Records During Raids in Cryptocurrency Scam in India

The Directorate of Enforcement (ED)'s Srinagar unit conducted searches at six locations in Leh, Jammu, and Sonipat (Haryana) in connection with a cryptocurrency scam and seized Rs 1 crore cash along with incriminating documents and property records.

Fake Cryptocurrency Business Case: ED Conducts First Raid in Ladakh’s Leh Under Money Laundering Act

The Enforcement Directorate on Friday launched its first-ever search operation in Ladakh's Leh under the provisions of the Prevention of Money Laundering Act (PMLA) in connection with a fake cryptocurrency business.

WazirX Loss Strategy: Indian Cryptocurrency Exchange To ‘Socialise’ USD 230 Million Loss From Recent Security Breach Among Its Customers, Says Report

Indian cryptocurrency platform WazirX announced a new loss strategy after last week's security breach. The Mumbai-based firm said it would 'socialise' USD 230 million loss among its customers.