Binance Addresses WazirX-Liminal Custody Blame Game
In light of the $233M exploitation attack on the platform, Binance recently denied any ties to the Indian crypto exchange WazirX. In a surprising move, crypto exchange giant Binance denied any association with WazirX, Zanmai, or Zettai after user funds were stolen from the Indian exchange. Binance firmly stated that WazirX must take responsibility for the […]
CoinDCX Okto Obtains License In World’s First And Only Free Zone
CoinDCX, an India-based crypto exchange, recently announced that its Web3 wallet Okto has received a business license from RAK DAO. Indian cryptocurrency exchange pioneer CoinDCX has reached a significant milestone with its self-custodial wallet, Okto. The company announced today that it has received a business license from RAK Digital Assets Oasis (RAK DAO), the world’s […]
WazirX Hack Update: Exchange Drops Plan to Share Losses with Users
Following a setback with poll results, the Indian exchange has declined the 55/45 approach, also known as the plan to socialize losses, according to a recent WazirX hack update. In the latest WazirX hack update following the $230 million breach, the exchange has opted to drop its plan of socializing losses. The firm’s idea to socialize […]