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  • Budget 2023: Crypto industry body calls for rationalisation of taxes, regulatory body Nov 30, 2022 01:17 PM IST

    Budget 2023: Crypto industry body calls for rationalisation of taxes, regulatory body

    Crypto industry body Bharat Web3 Association is expected to meet the Finance Ministry officials next week, according to sources.

  • WazirX blocked over 700 suspicious accounts between April-September 2022 Nov 28, 2022 02:22 PM IST

    WazirX blocked over 700 suspicious accounts between April-September 2022

    Around 40 percent of the queries received from Law Enforcement Agencies (LEAs) were related to Ponzi schemes and social engineering scams.

  • Employees abandon the crypto dream for more stable, traditional jobs Nov 08, 2022 08:14 AM IST

    Employees abandon the crypto dream for more stable, traditional jobs

    Crypto entities seek new growth avenues as employees depart amid uncertainty

  • WazirX lays off 40% of its staff amid crypto winter Oct 02, 2022 06:52 PM IST

    WazirX lays off 40% of its staff amid crypto winter

    This comes a week after the exchange said that the Directorate of Enforcement (ED) had unfrozen its bank accounts, allowing the platform to resume banking operations after almost a month.

  • Crypto exchange ZebPay's CEO Avinash Shekhar quits; to launch his own web 3.0 start-up Sep 24, 2022 08:57 AM IST

    Crypto exchange ZebPay's CEO Avinash Shekhar quits; to launch his own web 3.0 start-up

    But ZebPay has big plans, going forward. Not just operating as a cryptocurrency exchange, which looks to be an unsustainable business proposition amidst the ongoing turmoil, ZebPay is exploring solutions such as becoming a financial advisor, almost like a crypto investment bank, for cryptocurrency start-ups.

  • WazirX says ED has unfrozen bank accounts after investigation Sep 12, 2022 12:32 PM IST

    WazirX says ED has unfrozen bank accounts after investigation

    The ED investigation has dealt a huge blow to WazirX, as US-based crypto exchange Binance virtually disowned the company. A few hours after the ED froze WazirX accounts, Binance CEO Changpeng Zhao said it does not own the Indian crypto exchange, a deal that was understood to be completed in 2019

  • Vauld disagrees with ED freeze on Rs 370-crore bank assets for money laundering Aug 12, 2022 10:17 PM IST

    Vauld disagrees with ED freeze on Rs 370-crore bank assets for money laundering

    Vauld is accused of lax KYC norms, loose regulatory control of allowing transfers to foreign wallets and non-recording of transactions on blockchains

  • Police Tactics Are Chilling India’s Crypto Winter Aug 11, 2022 05:03 PM IST

    Police Tactics Are Chilling India’s Crypto Winter

    After Indian law enforcement froze $8 million in WazirX assets, Binance Chief Executive Officer Changpeng Zhao denied owning the country's largest crypto exchange.

  • 10 crypto exchanges with China link under ED lens for alleged laundering over Rs 1,000 crore: Report Aug 11, 2022 01:04 PM IST

    10 crypto exchanges with China link under ED lens for alleged laundering over Rs 1,000 crore: Report

    The exchanges did not conduct any enhanced due diligence and even failed to raise suspicious transaction reports (STRs)

  • WazirX trading volumes tank over 50% amid ED probe, ownership controversy Aug 10, 2022 10:52 AM IST

    WazirX trading volumes tank over 50% amid ED probe, ownership controversy

    According to data from secondary research firm CREBACO, WazirX’s trading volume dropped from $4.3 million on August 5 to $2 million on August 9

  • WazirX is an intermediary whose platform was misused: Zanmai Labs on ED’s order Aug 10, 2022 09:14 AM IST

    WazirX is an intermediary whose platform was misused: Zanmai Labs on ED’s order

    Zanmai Labs' statement comes days after ED's announcement and disagreements with Binance

  • ED investigation, Binance break-up—is brand WazirX crumbling? Aug 09, 2022 06:22 PM IST

    ED investigation, Binance break-up—is brand WazirX crumbling?

    Whether or not WazirX survives the ongoing blow, crypto investors’ trust in the company has taken a beating

  • Binance-WazirX spat: Opaque ownership, a hazy acquisition deal, and off-chain transactions Aug 09, 2022 12:15 PM IST

    Binance-WazirX spat: Opaque ownership, a hazy acquisition deal, and off-chain transactions

    The ED’s investigation into forex rule violations has only led to more unanswered questions about the two cryptocurrency exchanges in an unregulated space

  • Cryptocurrency Prices Today August 9: Bitcoin up marginally, Ethereum gains 3% as major cryptos trade in green Aug 09, 2022 08:24 AM IST

    Cryptocurrency Prices Today August 9: Bitcoin up marginally, Ethereum gains 3% as major cryptos trade in green

    The total volume in DeFi stood at $9.58 billion, 13.53 percent of the total crypto market 24-hour volume. The volume of all stable coins was at $67.29 billion, which is 95.03 percent of the total crypto market 24-hour volume.

  • Moneycontrol Daily: Your Essential 7 Aug 09, 2022 06:11 AM IST

    Moneycontrol Daily: Your Essential 7

    A daily round-up of the most interesting articles to help jump-start the day.

  • WazirX didn’t pass ownership, heated debates have been on for 2 years: Binance Aug 08, 2022 08:53 PM IST

    WazirX didn’t pass ownership, heated debates have been on for 2 years: Binance

    Binance will not engage with WazirX going forward, and will ask Indian users to move assets to Binance.com, said the US-based crypto exchange

  • Binance to cease off-chain fund transfers with WazirX Aug 08, 2022 06:35 PM IST

    Binance to cease off-chain fund transfers with WazirX

    "Effective from 2022-08-11 03:00 (UTC), Binance will cease to support off-chain fund transfers between WazirX Exchange and Binance via the “Login with Binance” option,” said Patrick Hillman, Chief Communications Officer, Binance.

  • WazirX-Binance rift: What it is all about and what it means for Indian crypto investors Aug 08, 2022 01:31 PM IST

    WazirX-Binance rift: What it is all about and what it means for Indian crypto investors

    While WazirX’s acquisition was celebrated by Binance in 2019, the global crypto firm’s distancing itself from WazirX could be the beginning of a fractious relationship between the two crypto exchanges

  • Legal documentation in place to prove WazirX owned by Binance: Nischal Shetty Aug 08, 2022 09:52 AM IST

    Legal documentation in place to prove WazirX owned by Binance: Nischal Shetty

    Nischal Shetty said Zanmai Labs had a licence from Binance to process rupee transactions on cryptocurrency exchange WazirX

  • WazirX users left in the lurch as Binance unplugs off-chain transfers to the crypto exchange Aug 08, 2022 09:49 AM IST

    WazirX users left in the lurch as Binance unplugs off-chain transfers to the crypto exchange

    Users are asking whether Binance will delist the WRX coin listed on WazirX.

  • WazirX to Binance transfer is recorded in our database, tweets Nischal Shetty Aug 06, 2022 12:03 PM IST

    WazirX to Binance transfer is recorded in our database, tweets Nischal Shetty

    Could shut down WazirX, and Binance never had access to user data or KYCs, said CEO CZ

  • Top cryptocurrency news on August 6: Bitcoin trades lower, Binance reveals it never owned WazirX, and more Aug 06, 2022 10:14 AM IST

    Top cryptocurrency news on August 6: Bitcoin trades lower, Binance reveals it never owned WazirX, and more

    A daily round-up of the most interesting articles on cryptocurrencies like Bitcoin, Ethereum and Tether to help jump-start the day

  • After ED probe, Binance reveals it never owned WazirX Aug 05, 2022 09:57 PM IST

    After ED probe, Binance reveals it never owned WazirX

    The acquisition of WazirX by Binance was understood to be closed back in 2019 after Binance had posted a blog announcing the same.

  • Moneycontrol Selects: Top stories this evening Aug 05, 2022 06:18 PM IST

    Moneycontrol Selects: Top stories this evening

    Our specially curated package of the most interesting articles to help you stay at the top of your game.

  • Enforcement Directorate raids WazirX, freezes bank assets worth Rs 64.67 crores Aug 05, 2022 04:05 PM IST

    Enforcement Directorate raids WazirX, freezes bank assets worth Rs 64.67 crores

    The central agency took action against the WazirX Director for assisting the accused instant loan app companies in the laundering of fraud money via the purchase and transfer of virtual crypto assets