Binance Cuts Ties with WazirX, Cancels Its Wallet Service
After months of conflict, Binance has cut ties with WazirX, canceling its wallet service to the Indian crypto exchange.
WazirX
After months of conflict, Binance has cut ties with WazirX, canceling its wallet service to the Indian crypto exchange.
With CZ’s recent tweet, the debate over Binance’s ownership of WazirX took another sharp turn. On 5th august last year, CZ tweeted that “Binance does not own any equity in…
The back-and-forth about the ownership of WazirX could have a devastating effect on the Indian exchange and its users.
Key Points: WazirX, an Indian cryptocurrency exchange, has issued its Proof-of-Reverse report, which includes the very shocking information that 90% of customer assets are kept in Binance wallets. The exchange…
“We are not only India’s largest crypto exchange by volume but also India’s largest crypto cxchange by reserves,” a WazirX blog said.
The cryptocurrency exchange released its proof of reserves and proclaimed to be India’s largest exchange both in volume and reserve funds.
WazirX revealed in its proof of reserves report that 90% of its user assets are in Binance wallets.
Indian-based crypto exchange WazirX has published its Proof-of-Reserves (PoR) report, which shows it holds about $285 million worth of crypto assets. The post WazirX publishes proof of reserves of assets…
90% of user funds of WazirX are in Binance wallets, according to the recently published proof-of-reserve report.
Indian cryptocurrency exchange WazirX has released its proof of reserves and with that revealed that 90% of its user’s assets are stored in Binance wallets. Cryptocurrency exchange WazirX has released…