India’s Directorate of Enforcement freezes $8.1M belonging to WazirX
The Directorate of Enforcement of India has frozen $8.1M in WazirX fund as part of its investigation into immediate personal loan fraud and Anti-money laundering. The Directorate of Enforcement accused WazirX of facilitating transactions by unnamed fintech companies “to purchase crypto assets and then launder them abroad” as part of a scheme involving Chinese-backed businesses […]
Voyager Digital plans to resume US dollars withdrawal
Crypto lending firm Voyager Digital is making plans to resume withdrawals as clients with U.S. dollars in their accounts could withdraw up to $100,000 in a 24-hour period starting Aug. 11. Following the suspension of trading, deposits, withdrawals, and loyalty benefits for more than a month, cryptocurrency lender Voyager Digital Holdings has revealed that users […]
Bank of Thailand plans to test retail CBDC by end of 2022
10,000 people, three large banks, and a restricted retail environment will be used to evaluate the Retail CBDC. The Bank of Thailand (BOT) will broaden the scope of CBDC development focused on retail to a pilot phase in addition to its wholesale central bank digital currency (CBDC) initiatives and proof-of-concept Retail CBDC testing with corporates. […]
Experts discover private keys on Slope servers, access unclear
The newest steps in the Solana exploit investigation are being unpacked by blockchain analysis companies as teams work to determine how private keys were taken. About 8,000 private keys used to deplete Solana-based wallets were obtained by hackers, and blockchain auditing companies are still trying to determine how they did it. Investigations are still going […]
White Rock CEO: Crypto bear market offers great M&A prospects
Bear market offers fantastic chances for growth through mergers and acquisitions in the cryptocurrency mining industry. In this bear market, enterprises that have efficiently maintained their balance sheets are in excellent health, according to the CEO of a cryptocurrency mining company, and will continue to do well even if there is more turbulence to come. […]