Technology

The recent security breach at Indian cryptocurrency exchange WazirX has sent shockwaves through the crypto investor community. The breach resulted in the suspicious movement of funds worth $234.9 million into a Tornado Cash-linked wallet, sparking concerns about the potential loss of user funds. WazirX’s rivals, including CoinDCX, Giottus, and CoinSwitch, have sought to reassure their
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Apple, known for its iOS operating system and the App Store, has been under investigation by India’s antitrust body, the Competition Commission of India (CCI), since 2021. The investigation was initiated to determine if Apple was abusing its dominant market position in the apps market by compelling developers to use its in-app purchase system, thereby
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The European Union (EU) is taking a firm stance on regulating crypto-related activities to prevent criminals from exploiting virtual digital assets (VDAs) for illicit purposes. The European Banking Authority (EBA) has recently introduced a ‘travel rule’ that mandates crypto firms to store transaction details on their platforms to combat money laundering and terror financing. Under
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