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Friday, December 12, 2025
TopicWazirX

Topic: WazirX

How a Pune investor’s complaint blew lid off ‘Rs 900-cr’ fraud linked to OctaFx forex trading platform

ED says the platform used complex process with dummy e-commerce sites, shell companies & cryptocurrencies to defraud investors. ED plans to contact foreign authorities to help with probe.

‘Flimsy, contradictory & nonsense’ — why WazirX’s post-hack actions have raised calls for regulation

Crypto exchange WazirX’s $235 million hack could have happened either via ‘social engineering’ or phishing. Either way, the cost should be borne by it, not users, market analysts say.

Gaming app fraud led ED to set up its own crypto wallet. It now has 300 coins, but can’t liquidate

ED has about 300 crypto coins in its wallet, which add up to approximately Rs 93 cr. Agency is now contemplating ways to free up money held in the form of cryptocurrencies.

WazirX, Liminal Custody trade blame after crypto platform loses Rs 2,000 crore in cyber attack

Wallet infra provider Liminal Custody claimed none of its wallets hosted on WazirX fell prey to attack, while latter said wallet operated jointly with Liminal Custody was infiltrated.

On Camera

IndiGo cancellations made TV news do the unexpected — question the Modi government

Republic TV was the harshest of them all: “The (civil aviation) minister has done a bad job,” said prime time anchor Arnab Goswami.

IndiGo’s profits dipped, most airlines sunk into losses last fiscal even as flier numbers soared

Despite growing passenger volume, 11 out of 14 carriers reported losses in 2023-24. IndiGo recorded profit of Rs 8,167 crore, which reduced to Rs 7.253 crore in 2024-25.

US clears $686-mn package to breathe fresh life into Pakistani F-16s

Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).

Asim Munir & Pakistan’s Failed Marshal Doctrine

None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.