Cryptocurrency News

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  What Is Crypto Sports Betting and Is It Popular in India

  Technology

  Crypto sports betting is fast rising to be a unique approach to taking bets in sports across the globe since it merges the aspect of betting in sports with the modern trends of making bets through cryptocurrencies. This type of betting is increasing all over the globe and in India also with the growing popularity of digital currencies like Bitcoins or Ethereum.

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

  Technology

  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.

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

  Technology

  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.

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  CoinSwitch Sues WazirX To Recover Stuck Funds on Crypto Platform

  Technology

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

  Technology

  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.

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  CoinSwitch Sues WazirX To Recover Stuck Funds on Crypto Platform

  Technology

  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.

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

  Technology

  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.

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

  Technology

  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.

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

  Technology

  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.

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

  Technology

  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.

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

  Technology

  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.

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

  Agency News

  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.

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

  Agency News

  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.

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

  India

  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.

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

  Technology

  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.

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  WazirX Hacked: Crypto Platform Announces USD 23 Million Bounty To Recover USD 234 Million Lost in Security Breach

  Technology

  Crypto platform WazirX, which lost a staggering $234 million worth of digital assets in a cyber breach, on Sunday announced $23 million in bounty to recover the stolen funds.

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  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.

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  WazirX Hacked: Crypto Platform Announces USD 23 Million Bounty To Recover USD 234 Million Lost in Security Breach

  Technology

  Crypto platform WazirX, which lost a staggering $234 million worth of digital assets in a cyber breach, on Sunday announced $23 million in bounty to recover the stolen funds.

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  WazirX Data Beach: India's Leading Cryptocurrency Exchange WazirX Suffers Mega Cyber Breach, Loses Digital Assets Worth $234 Million

  Technology

  India's leading cryptocurrency exchange WazirX on Thursday said it has suffered a massive data security breach, resulting in the alleged transfer of about $234 million worth of digital assets to a different address, as crypto exchanges continue to face the regulatory heat.

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  Cryptocurrency Scam in Thane: Man Loses INR 31 Lakh in Online Crypto Currency Investment Fraud

  Agency News

  A 60-year-old man lost Rs 30.80 lakh in online cryptocurrency investment fraud, police said on Saturday.

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  Elon Musk Deepfake Used in YouTube Live Video to Push Cryptocurrency Scam; Attracts Over 30,000 Viewers

  Technology

  A YouTube Live broadcast featuring a deepfake of Elon Musk was used to promote a cryptocurrency scam, attracted over 30,000 viewers.

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  Cryptocurrency Scam in Thane: Man Loses INR 31 Lakh in Online Crypto Currency Investment Fraud

  Agency News

  A 60-year-old man lost Rs 30.80 lakh in online cryptocurrency investment fraud, police said on Saturday.

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  Elon Musk Deepfake Used in YouTube Live Video to Push Cryptocurrency Scam; Attracts Over 30,000 Viewers

  Technology

  A YouTube Live broadcast featuring a deepfake of Elon Musk was used to promote a cryptocurrency scam, attracted over 30,000 viewers.

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  Crypto Fraud: Man Loses Rs 1.12 Crore After Being Lured by Cyber Fraudsters Into Investing in Bitcoin Trading

  Agency News

  A 57-year-old man from Thane lost Rs 1.12 crore after he was lured by cyber fraudsters into investing in bitcoin trading, police said on Monday.

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  Binance Coming Back to India: Leading Blockchain and Cryptocurrency Platform To Pay Rs 18.82 Crore Fine To Restart Its Operations in Country

  Technology

  Leading blockchain and cryptocurrency platform Binance will be required to pay Rs 18.82 crore fine to restart operations in India. The Financial Intelligence Unit (FIU) has imposed this penalty on the company for operating in the country in violation of domestic anti-money laundering regulations.

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  Luck Wins: 10 Reasons Online Lottery Beats Crypto Investing

  Technology

  Binance Coming Back to India: Leading Blockchain and Cryptocurrency Platform To Pay Rs 18.82 Crore Fine To Restart Its Operations in Country

  Technology

  Leading blockchain and cryptocurrency platform Binance will be required to pay Rs 18.82 crore fine to restart operations in India. The Financial Intelligence Unit (FIU) has imposed this penalty on the company for operating in the country in violation of domestic anti-money laundering regulations.

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  Luck Wins: 10 Reasons Online Lottery Beats Crypto Investing

  Technology

  When it comes to pleasure and money matters, two things often spring to mind: online lottery play, cryptocurrency investment. Though they both provide risks and possible profits. This post examines 10 strong reasons for why some people would decide to play the lottery online.

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  Chinese National Allegedly Running 'Likely World's Largest Ever' Cybercrime Botnet Arrested in Singapore, USD 29 Million in Cryptocurrency Seized

  Agency News

  An international law enforcement team has arrested a Chinese national and disrupted a major botnet that officials said he ran for nearly a decade, amassing at least USD 99 million in profits by reselling access to criminals who used it for identity theft, child exploitation, and financial fraud, including pandemic relief scams.

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  Kabosu Dies: Popular Japanese Dog, Who Inspired Cryptocurrency Dogecoin and Shiba Inu Passes Away at 18

  World

  Popular Japanese dog Kabosu, who became the face of the cryptocurrency DogeCoin and Shiba Inu, died on Friday at the age of 18 years. As per reports, the dog was suffering from leukemia and liver disease.