WazirX restores balances post-hack, withdrawal timeline unclear

U.S. District Judge Valerie Caproni has scheduled an April 16 hearing for the representation of the plaintiffs’ in a class action suit against the $4 billion crypto Ponzi scheme, OneCoin, to justify why the case should continue.The date was set on April 10 after the plaintiffs missed multiple deadlines to file consecutive monthly status reports.Lead…

A professor at the Massachusetts Institute of Technology (MIT) says that blockchains are not as secure as they are purported to be in an editorial in the Wall Street Journal (WSJ) on June 6.Stuart Madnick — the John Norris Maguire Professor of Information Technologies at the MIT Sloan School of Management and the Founding Director…

The newly merged corporation will retain its ticker symbol BSGA on the Nasdaq stock exchange. Jihan Wu will continue to lead the combined organization. 1631 Total views 5 Total shares Bitdeer Technologies Holding Company, a Singapore-based Bitcoin (BTC) mining corporation, has announced that it has entered into a definitive merger agreement with Blue Safari Group…

Monday, Jan. 21: cryptocurrencies are seeing price weakness across the board, with virtually all of the top 100 coins by market cap tipping into the red.Top ten coins have lost between 3 and 7 percent on the day, as data from Coin360 shows.Market visualization by Coin360Bitcoin (BTC) is down about 4 percent on the day…

With Transak's integration, CoinDCX’s Okto wallet has increased the number of previously supported 60 countries to more than 155 jurisdictions. 61 Total views 8 Total shares Major Indian cryptocurrency exchange CoinDCX is expanding its self-custody wallet Okto by integrating major on-ramp platform Transak.Okto wallet, a multichain cryptocurrency wallet launched by CoinDCX in August 2022, has

After halting withdrawals in June 2023, Haru Invest is yet to come up with a timeline to repay its customers. 337 Total views 2 Total shares Troubled cryptocurrency platform Haru Invest plans to suspend its server a few months after halting withdrawals in June 2023.Haru Invest is thinking of shutting down its server in order

Tether has reached $10 billion in market capitalization as growth in 2020 picked up. Tether (USDT) has reached a market capitalization of more than $10 billion as of July 22.The milestone was announced by Tether and also seen through the market price aggregator CoinGecko.Tether’s issuance has seen a significant growth in 2020, doubling from $5…

Marcello Minenna is the director of the quantitative analysis and financial innovation unit in Consob (Italian Companies and Exchange Commission), —Italian government’s authority responsible for regulating the Italian securities market — as well as an adjunct professor of stochastic finance at the London Graduate School of Mathematical Finance and at Luigi Bocconi University of Milan.…

French insurance markets can now invest in cryptocurrencies, following the passage of a new law, foreign exchange news agency FXStreet reports April 11.On April 11, the National Assembly of France adopted a bill that is designed to stimulate local business development, including redirecting savings from individuals to businesses, according to local news agency Les Echos.…