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Tag: WazirX

CryptoSlate Wrapped Daily: Coinbase fined $100M for compliance failures; Logan Paul wants to sue Coffeezilla

The biggest news in the cryptoverse for Jan. 4 includes the World Economic Forum outlining its future vision for crypto, the...

Indian crypto exchanges may lose US$1.2 trillion of trade volume in next four years: research

India’s current cryptocurrency tax structure “may lead to a loss of approximately US$1.2 trillion of local exchange trade volume in the next four years,”...

Indian Crypto Market Suffers Significantly — Experts Say Trading Volumes Unlikely to Recover Anytime Soon

Crypto trading volumes in India have plunged significantly this year. The FTX meltdown has exacerbated the problem, hurting “the sentiment across crypto tokens.”...

Markets: Bitcoin slips, Ether inches up; Dogecoin leads rebound in top 10 cryptos

Bitcoin slipped and Ether inched up in Asian trading on Friday afternoon, with Dogecoin leading gains across the top 10 non-stablecoin cryptocurrencies by market...

The last 12 months the year to forget, says India’s WazirX crypto exchange  

It has been a poor year for cryptocurrency investors and the industry overall but an especially grim one for exchanges in India, with trading...

WazirX wants to integrate India’s digital rupee

Cryptocurrency exchange WazirX will look to integrate India’s central bank digital currency (CBDC) “if all goes well,” vice president Rajagopal Menon told Forkast in...

Indian crypto exchange WazirX confirms layoffs: CoinDesk

India-based crypto exchange WazirX has laid off more than 50 people as it navigates a period of languishing volumes, the company told CoinDesk on...

India’s WazirX to delist USDC, apply auto convert to Binance’s stablecoin

WazirX, India’s largest cryptocurrency exchange by trade volume, said it has stopped deposits of stablecoins USDC, USDP and TUSD, and will automatically convert users’...

Shardeum Seeking to Raise $20m-$30M Seed Fund at $200m Valuation

Nischal Shetty, the co-founder of Indian cryptocurrency exchange WazirX, is seeking a $20 million to $30 million funding round for his blockchain startup Shardeum...

Indian Finance Minister Asks Crypto Investors to Exercise Caution as Authorities Investigate Exchanges

India’s finance minister has cautioned investors about cryptocurrency as the country’s Enforcement Directorate (ED) investigates a number of crypto exchanges and freezes the assets...

Indian authorities probe alleged $125 mln money laundering cases involving crypto, report says

India’s financial crime fighting agency is investigating more than 10 cryptocurrency exchanges in the country for allegedly laundering more than 10 billion rupees (US$125...

WazirX chief insists Binance bought the troubled crypto exchange

Binance chief Changpeng Zhao (CZ) has started a dispute with WazirX co-founder Nischal Shetty. Binance claimed to have acquired India’s largest crypto exchange in November...

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