Adam Forsyth

Indian Authorities Select CoinDCX To Oversee Seized Digital Assets

India’s Enforcement Directorate (ED) has officially assigned CoinDCX to manage seized digital assets. The country’s financial crime regulator expects CoinDCX to provide a robust custody infrastructure to store and manage crypto assets confiscated during investigations into financial crimes. Commenting on the development, CoinDCX co-founder Sumit Gupta said, “To ensure the highest level of protection for…

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Pond.fun hacked by insider; Chainalysis and Elliptic tapped to block funds’ withdrawal

Pond.fun, the meme coin launchpad hosted on Linea, has been hacked by the project’s chief software engineer.  According to Pond.fun’s official disclosure on X, Pond.fun has been hacked this morning, with the initial on-chain and off-chain evidence pointing to a software engineer on Pond.fun’s team. The platform told users to avoid interacting with pond.fun in…

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Crypto.com Wants to Release 70 Billion CRO into Circulation, and the Community Is Having None of It: Everything You Need to Know

Crypto is no stranger to controversial proposals sparking bitter divides—Bitcoin and Bitcoin Cash stand as prime examples. While improvements have reduced the likelihood of hard forks, disagreements still surface. This week, Crypto.com is the talk of the town. The exchange has made a bold gamble that’s rattling its community by proposing the “unburning” of 70…

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Indian law enforcement picks CoinDCX for seized crypto custody

India’s Enforcement Directorate has enlisted CoinDCX to provide custodian services for seized cryptocurrency. Enforcement Directorate, India‘s law enforcement and economic intelligence agency, has selected cryptocurrency exchange CoinDCX to manage cryptocurrencies seized during ongoing investigations. In a March 5 press release shared with crypto.news, CoinDCX confirmed it will manage the custody of confiscated assets, following its…

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