WazirX has claimed that its own signers’ machines were not compromised in the recent hack, as shown in its internal investigation. The exchange has alleged that Liminal’s infrastructure was used by hackers to facilitate this attack.
WazirX Attributes Wallet Compromise to Liminal, Says Own Signers’ Machines Unaffected
Bitcoin Price Hovers Under $67,000 on Global Exchanges, Altcoin Values Rise After Price Correction Period
The overall crypto market cap rose by 3.27 percent in the last 24 hours. Most cryprocurrencies recorded gains on Friday, July 26. Ripple, Dogecoin, and Cardano joined Bitcoin and Ether in reflecting profits. Circuits of Value showed losses on Friday.
Crypto Stakeholders Prepared to Participate in Government’s Discussion Paper on Crypto Policy Stance
Crypto stakeholders, including Bharat Web Association, are preparing to discuss a comprehensive policy framework to govern crypto. This paper is expected to be released before September.
Ferrari Expands Crypto Payments Support to Europe Due to ‘Evolving Client Needs’
Ferrari is preparing to let its European customer base make purchases through cryptocurrencies. The 85-year-old company said in its blog that it is leveraging the expertise of multiple companies from the crypto payment sector to make sure all transactions are secure.
WazirX Hack: Crypto Exchange Contacts Projects Associated with Stolen Tokens in Ongoing Recovery Attempts
WazirX has reached out to projects connected with stolen tokens asking for support during the recovery process. The crypto exchange, which was recently hacked, has confirmed that its ability to maintain 1:1 collateral with assets has been left deeply impacted in the aftermath of the hack.
Crypto Price Today: Bitcoin Value Falls Alongside Most Altcoins Amid Market Volatility Sparked by ETH ETFs
The overall crypto market cap dipped by 1.43 percent in the last 24 hours. BTC fell in pricing following the news that creditors of the now-defunct exchange Mt. Gox have begun receiving their BTC through Kraken. Ether, Solana, and Cardano also recorded losses on Wednesday.
No Tax Relief for Crypto Sector, Industry Takes Respite in Angel Tax Abolishment
The Union Budget that was unveiled on Tuesday without any reduction in one percent TDS on all crypto transactions that has been requested by the crypto industry. Meanwhile, the Web3 community continues to vouch for patience and belief in the government for comprehensive industry-specific reforms in the future.
US SEC Approves Ether ETFs, Marks Another Milestone for Crypto Growth
The US SEC has given a greenlight to Ether ETFs. Ether ETFs from VanEck, Franklin Templeton, Fidelity, 21Shares and Invesco will begin trading on Cboe while one from BlackRock will begin trading on the Nasdaq. Products from Bitwise and Grayscale Investments will also trade Tuesday on the New York Stock Exchange, the exchange said.
WazirX Reports 80 Intents on Bounty Within First 24 Hours, Says Working on Resuming Withdrawals
WazirX, in an update shared on X, noted that it received 80 intents for its bounty initiative within the first 24 hours of launching the programme. The exchange’s co-founder Nischal Shetty has urged others from the crypto community to also step forward and help WazirX recover its stolen assets.
South Korea Implements Legal Framework to Protect Crypto Community Against Financial Risks: All Details
South Korea has deployed a list of rules to be followed by crypto companies. This legal framework is aimed at controlling and eventually curbing the exploit of crypto assets for illicit activities like money laundering and terror financing.