Crypto-Friendly Neobank Revolut Secures UK Banking License After Years-Long Wait
The London-based neobank has been waiting for years to reach this point after applying for a UK banking license in 2021.
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Indian Finance Minister Ignores Crypto Industry’s Budget Tax Plea
The Indian Finance Minister Nirmala Sitharaman’s 2024-25 Union Budget speech on July 23 made no mention of cryptocurrencies. It has left the crypto industry in India in a state of uncertainty.
WazirX Takes Legal Action, Reports $234.9M Hack to FIU and CERT-In
“We're reaching out to 500+ exchanges to block the identified addresses. Many exchanges are cooperating with us, and we are actively working with them on additional resources to aid our recovery efforts,” said WazirX.
BlockFi to Start Crypto Distributions to Creditors Through Coinbase This Month
As per the company, the distributions will be processed in batches in the coming months, and eligible clients will receive a notification to the BlockFi account email on file.
Indian Crypto Exchange Wazirx Falls Victim to a North Korea-Linked ₹1900 Crore Hack
As per Web3 security firm Cyvers, a total of $234.9M (which is over ₹1900 crore) of WazirX’s funds have been moved to a new address. Each transaction's caller is funded by Tornado Cash.
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