Global

On August 5, 2024, WazirX, one of India’s largest cryptocurrency exchanges, reported a significant cyber attack on its multi-signature wallet. The complaint was filed with the Delhi Police under the BNS and IT Acts at the Special Group Police Station in Lodhi Colony, New Delhi.

On Monday, U.S.-listed spot Ether (ETH) exchange-traded funds (ETFs) saw significant net inflows of nearly $49 million, despite a dramatic 20% drop in Ether's price.

Indian law enforcement agencies have demanded $86 million (722 crore Indian rupees) from Binance in unpaid taxes, as part of an investigation into the crypto exchange’s operations in the country.

In the past 24 hours, the cryptocurrency market has experienced a modest rebound, recovering from Monday’s sharp decline that saw many assets hit multi-year lows.

In a remarkable turnaround, the cryptocurrency market has shown substantial recovery over the past 24 hours, with major assets experiencing significant gains. Bitcoin (BTC) has surged to $56,000, and altcoins like Solana (SOL) and Shiba Inu (SHIB) have both skyrocketed by 24% in daily trading.

Global markets showed signs of recovery on Tuesday, reversing some of the heavy losses from the previous day. This resurgence drove the total market capitalization of crypto assets up by 7% in the past 24 hours, reaching $2.07 trillion.