Wazirx suspends INR and crypto withdrawals after a $230 million security breach on its multisig wallet. Analysts link the attack to North Korea's Lazarus Group, raising concerns about exchange security.
Indian tax authorities are issuing Section 148A notices to crypto investors for historical transactions, with system-estimated income often exceeding actual profits. Timely responses with accurate data are critical to avoid reassessment.
India’s crypto market is gaining momentum after the RBI banking restriction was lifted, with several exchanges lowering fees to attract new users interested in bitcoin and other digital assets.
Indian crypto exchanges developed varied P2P models after banking restrictions, ranging from USDT-based rails and instant INR trading to manually supervised settlements and privacy-focused OTC options.
Indian crypto exchanges built diverse P2P models after banking restrictions, ranging from USDT-based flows and instant INR purchases to assisted escrow, OTC listings, and privacy-focused decentralized trading.
India’s Supreme Court decision to overturn the RBI banking restriction revived interest from exchanges, investors, and startups, with firms such as Kraken, Binance-linked Wazirx, and Hashcash signaling expansion or capital commitments.
India’s crypto sector is regaining momentum after the Supreme Court struck down the RBI banking restriction, drawing renewed interest from exchanges, service providers, and investors worldwide.
The popular Indian TV show 'Kaun Banega Crorepati' (Who Wants to Be a Millionaire) featured a question about Facebook's Libra and host Amitabh Bachchan explained cryptocurrencies to millions, sparking excitement in the local crypto community.
