Hackers loot nearly Rs 2,000crore from crypto bourse WazirX
21 Jul
Business News

Hackers loot nearly Rs 2,000crore from crypto bourse WazirX

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Business new tamfitronics MUMBAI: WazirX, one of the leading crypto currency exchanges in India with about 1.6 crore users, faced a hacker attack on Thursday that, according to one estimate, resulted in unauthorised withdrawal of various tokens aggregating about $235 million (around Rs 1,966 crore) from its customers’ wallets. As a result, WazirX has stopped all withdrawals in rupee and crypto currencies temporarily, it said through a post on X (formerly Twitter).Elliptic, a global crypto currency analytics and compliance firm, said that North Korean hackers were behind the attack on WazirX.On Thursday afternoon, WazirX said that it was aware that one of its wallets had experienced a security breach. “Our team is actively investigating the incident. To ensure the safety of your assets, rupee and crypto withdrawals will be temporarily paused,” the platform...
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At Rs 1.5 lakh crore, P-sing funds hit 6-year high
08 May
Business News

At Rs 1.5 lakh crore, P-sing funds hit 6-year high

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Business new tamfitronics Investments by approach to participatory notes in Indian capital markets reached Rs 1.5 lakh crore at Feb-ruin, making it the very best level in with regards to 6 years, pushed by a solid performance of the home economic system. P-notes are issued by FPIs to in a foreign country traders who prefer to spend money on Indian shares with out registering themselves. They, on the opposite hand, need to struggle by approach to a due diligence course of.In accordance with the most contemporary data from markets regulator Sebi, the worth of P-sing investments in Indian markets -- equity, debt, and hybrid securities -- stood at Rs 1,49,517 crore at the tip of February in contrast to Rs 1,43,011 crore at...
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