Hacker behind $234-million WazirX crypto theft starts washing loot
Bengaluru/IBNS: The hacker behind India’s worst crypto hack has started laundering some of the $234 million stolen in the incident from the WazirX exchange, acting the same day the platform briefed on efforts to recover funds, reports Bloomberg.
Petition filed with NCLT over WazirX $230 million crypto asset theft
Mumbai: WazirX, along with its infrastructure partner Liminal and other associated entities, is facing a petition with the National Company Law Tribunal (NCLT) due to a $230 million crypto asset theft.
WazirX files FIR in cyberattack incident that wiped out 45% of its crypto assets
Mumbai: Crypto exchange WazirX said Tuesday that following its previous police complaint regarding the $230-million cyberattack last month, a first information report (FIR) was filed at PS Special Cell, PS Lodhi Colony in New Delhi.
New Delhi/IBNS: In the wake of WazirX’s $230-million security breach, India's crypto and web 3 industry body Bharat Web3 Association (BWA) is creating two new internal groups focused on cybersecurity and consumer issues, MoneyControl reported quoting BWA chairman Dilip Chenoy.
New Delhi/IBNS: Indian crypto exchange platform WazirX has been facing heat from the industry as well as customers for its "Withdrawal Management Programme: Opinion Poll" in the aftermath of the $230 million hack, 45 percent of its user funds, it suffered earlier in July, reports CoinDesk.
WazirX unveils fund recovery plan after $230 mn cyberattack
Mumbai/IBNS: Days after losing $230 million to a cyberattack, Indian crypto exchange platform WazirX is launching a fund recovery plan based on a user poll the cryptocurrency platform will conduct by August 3.
Bitcoin surpasses USD 60,000 following attack on former US President Donald Trump
Bitcoin has jumped higher after an assassination attempt was made on former US President Donald Trump during a rally in Pennsylvania.
Bitcoin soars to $71,000 today: what’s fuelling the rally?
Mumbai: Bitcoin (BTC) surged above $71,000 early Tuesday, its highest level since early April, while Ether increased by over 19% to $3,700, media reported.
Govt brings crypto trading under anti-money laundering provisions
New Delhi: The government has brought the cryptocurrency industry under anti-money laundering regulations as part of its ongoing efforts to strengthen legal control over digital assets.
ITR Forms for FY 2023-24 include schedule for declaring virtual digital assets
New Delhi: The Central Board of Direct Taxes (CBDT) has notified Income-tax Return Forms (ITR Forms) for the Assessment Year 2023-24 and will come into effect from 1st April 2023, the Ministry of Finance said.
Crypto investors plead for money return after lender files for bankruptcy: Report
Investors who lost money, in some cases their life savings, in the troubled crypto-lender Celsius are pleading for the return of their money, media reported.
Sitharaman points out anonymity as an 'inherent risk' in blockchain technology
Mumbai: Finance Minister Nirmala Sitharaman on Saturday said anonymity is an "inherent risk" in blockchain technology and stressed the exercise of precaution in the future with the exponential rise in the use of this technology, media reports said.
Crypto investment startup Koinbasket raises $2 million in pre-seed round
Bengaluru: KoinBasket, a thematic crypto investment start-up, has announced that it has raised $2 million in a pre-seed funding round.
CoinSwitch hires Ankit Vengurlekar as its first-ever Editor-in-Chief
April 20: Crypto investing app CoinSwitch has appointed Ankit Vengurlekar as Editor-in-Chief to strengthen user education initiatives as part of its mission to build an ecosystem that simplifies Crypto.
Govt working on categorisation of cryptocurrency under GST law: Report
The cryptocurrency may soon be categorised as goods or services under the GST law as the government is working on it to levie tax on the entire value of transactions, media reports said.