October 17, 2024 at 09:20 PM GST updated: October 17, 2024 at 08:03 PM 2 mins read News Kraken’s kBTC is a 1:1 backed ERC-20 token, enhancing Bitcoin’s utility across Ethereum and OP Mainnet for DeFi users. With kBTC, Kraken leverages 13 years of expertise, ensuring secure, transparent access to Bitcoin in decentralized applications. Users…
Indian crypto exchange Wazirx has defended its restructuring strategy in response to the July 18 cyberattack that led to the theft of over $230 million. The company emphasized that this approach is the quickest and most legally sound way to address these challenges. “This is not bankruptcy or liquidation since that will take several years,”…
Indian crypto exchange Wazirx has announced that INR withdrawals will resume in phases starting on Aug. 26, following a cyberattack that disrupted services. To manage crypto balances, Wazirx plans to implement a Singapore Scheme of Arrangement to facilitate the distribution of crypto assets. INR withdrawals will occur in two stages, allowing users to access up…