The Supreme Court of India has dismissed a criminal petition against WazirX and its co-founder, Nischal Shetty, related to a Rs 2000 crore cyber hack in July 2024. The petitioners accused WazirX, Binance, and Liminal Custody of negligence over Rs 4500 crore in cryptocurrencies. Over 4.4 million Indian users have had their funds stuck on the platform for 10 months. The court cited unclear cryptocurrency regulations in India as the reason for rejecting the petition.
Whales are taking a bigger share of Binance’s measured transaction flow, and the timing isn’t exactly reassuring. The Binance whale ratio’s 100-day simple moving average (SMA) reached 0.513...
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Harmony is showing signs of a recovery after weeks of selling pressure pushed the token significantly lower from its September highs. The cryptocurrency has gained 13.14% in the...
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XRP is facing a critical test as its price falls toward $1.10 after dropping from its October high of $1.55. The decline has erased more than 27% of...
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India’s Enforcement Directorate (ED) has searched premises linked to crypto exchanges CoinDCX and Delta Exchange in Bengaluru. The agency alleges unauthorised cross-border transactions in crypto derivatives and tokenised...
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UPay will add on-chain risk screening through a partnership with WIDTH, a compliance and risk technology provider. Under the agreement, announced on 6 November, the digital asset payment...
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