Hack

Software engineer held in connection with $44 million CoinDCX crypto hack

Software engineer held in connection with $44 million CoinDCX crypto hack

01 Aug 2025, 14:47 PM

In its internal proble, CoinDCX found that cybercriminals had gained unauthorized access to the exchange's systems using its employee's workplace login credentials.

Crypto exchange CoinDCX loses $44 million in hack

Crypto exchange CoinDCX loses $44 million in hack

21 Jul 2025, 09:09 AM

The incident comes almost exactly a year after WazirX, then India’s largest crypto exchange, suffered a massive breach resulting in the loss of $230 million.

Open, but not Transparent: Inside the Cracks at India’s 100th Unicorn

Open, but not Transparent: Inside the Cracks at India’s 100th Unicorn

12 Jun 2025, 11:53 AM

Once celebrated for disrupting SME banking with its neobank model, Open’s journey since hitting the $1 billion mark in 2022 has been anything but smooth.

Singapore High Court approves WazirX restructuring plan

Singapore High Court approves WazirX restructuring plan

24 Jan 2025, 15:48 PM

The Singapore High Court has allowed WazirX's parent to convene a scheme meeting with the users of the cryptocurrency exchange.

WazirX plans to launch decentralised exchange and recovery tokens

WazirX plans to launch decentralised exchange and recovery tokens

07 Nov 2024, 20:25 PM

WazirX proposed launching a decentralised exchange as well as a recovery token as part of its recovery strategy.

'WazirX moved crypto worth $74mn after data breach': Coinswitch

23 Oct 2024, 18:12 PM

The alleged transfer included $72.13 million to Bybit and $1.5 million to KuCoin, Coinswitch co-founder Ashish Singhal posted on social media.

Fintech Highlights

  1. RBI imposes Rs 21 lakh penalty on PhonePe for compliance lapses

  2. PhonePe rolls out ESOP buyback of Rs 700-800 crore ahead of IPO

  3. CoinDCX sees more top-level executive exits

  4. Avanse net profit jumps 47% to Rs 502 crore in FY25

  5. PhonePe, SIDBI team up to digitize Udyam Assist registration for micro enterprises
  6. Read more news...

AI/Emerging Tech

  1. OpenAI set for restructure under non-binding deal with Microsoft

  2. Mistral AI attracts $2 billion in Series C led by ASML

  3. Cognition AI raises $400 million in new funding led by Founders Fund

  4. Former Scale AI executive founded AI startup Isotopes AI bags $20 million in seed funding

  5. OpenAI acqui-hires Xcode coding assistant Alex
  6. Read more news...

Money & Machines

  1. What India's Gaming Ban Reveals About UPI; Why RBI wants AI to Fix Finance

  2. Journalism was already dying — AI wasn't the culprit

  3. IRCTC enters payments where giants bleed; RIP of RIP in AI

  4. Fintech founders shaping policy; India on AI map?

Editor's Pick

  1. Jio’s third attempt at payments: Can Mukesh Ambani finally crack the merchant code?

  2. Exclusive: ICICI Bank breaks zero-fee UPI model, starts charging payment aggregators

  3. Pine Labs IPO Playbook: Between DRHP Gloss and Ground Reality