After the ED probe found out the company was involved in facilitating illegal entities to send money out of India, WazirX claims the platform, like any other platform, could have been "misused"
Owners disown WazirX after allowing it to facilitate around 16 accused fintech companies to allegedly launder proceeds using the crypto route
Changpeng Zhao claims that the WazirX acquisition deal was never closed.
The new fund will invest in projects that can extend the use cases of cryptocurrencies and drive the adoption of Web3 and blockchain technologies.
Larry Ellison, the co-founder of Oracle, has cut the biggest cheque worth $1 billion.
The Nischal Shetty and Samir Mhatre founded crypto exchange WazirX is owned by Binance, a company of Chinese origin.
Solana, Cardano, Avalanche, Polkadot that offer real-world applications will continue to hog the limelight.
