Cryptonica hits 10M in weekly transactions

Cryptonica hits 10M in weekly transactions   crypto.news 29 July 2024 21:20, UTC Cryptonica has reached a significant milestone by successfully handling 10 million transactions every week. Cryptonica has a network of 6,000 ATMs spanning 22 countries, making it easier to access digital assets. Transactions from these ATMs show that 62% involve Bitcoin (BTC), 23%…

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WazirX’s “socialized loss strategy” sparks outrage: Are users paying for the exchange’s failures?

WazirX’s “socialized loss strategy” sparks outrage: Are users paying for the exchange’s failures?   crypto.news 29 July 2024 21:39, UTC Is WazirX prioritizing its own survival over user security with the “socialized loss strategy,” and how does this impact the Indian crypto community? Table of Contents Pick your poison, but you can’t cash out WazirX’s…

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Coindcx Urges Wazirx to Reconsider Passing 45% Losses to Customers

Coindcx Urges Wazirx to Reconsider Passing 45% Losses to Customers   news.bitcoin.com 30 July 2024 07:17, UTC The CEO of Indian crypto exchange Coindcx has criticized Wazirx’s approach in response to a recent $230 million cyberattack. Urging Wazirx to take responsibility, he stressed: “Making customers directly absorb the 45% losses is utter nonsense.” Wazirx is…

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