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India’s Finance Ministry has ordered the Financial Intelligence Unit (FIU) to investigate WazirX for fraud, following the ₹2,000 crore hack that happened months ago. With over ₹4,500 crore in user funds at risk, criminal charges could be coming soon.

Now, WazirX has been hacked and over $234 Million Dollars are on the line. Who will going to trust this Ecosystem, Is all CEX can be hacked? This hack certainly leads to impact a sort of trust and security issue in Indian exchanges and their ecosy

Mutual Fund Maestro Slogan: "Your guide to navigating the world of mutual funds." Description: Mutual Fund Maestro is a comprehensive platform dedicated to helping investors understand, research, and invest in mutual funds. It provides a one-stop-sho

CoinSwitch CEO Ashish Singhal announced the “CoinSwitch Cares” program on Tuesday, introducing a ₹600 crore recovery plan for WazirX users affected by the July 2024 cyberattack. The hack impacted over 4.4 million users, causing a total loss of ₹2,000

Not sure if this idea is as good as I think or not . Basically i want to create a new kind of investment fund . Which is Export Investment funds, We will finance the Exporters with funds to fulfill the shipments . And the money will be invested by ge

🚨 HACK ALERT 🚨 Massive $234M Heist at WazirX Exchange! A total of $234.9M in funds have mysteriously moved to a new address, with each transaction's caller funded by Tornado Cash.🌪️💸 The suspicious address is already busy swapping $PEPE, $GALA,

#9TDAYVC-DAY-16 🎯What is High Watermark in VC? 🎯What are Distributions/Waterfall? Apart from hurdle rate, Some consider also “high watermark” This is more common practice in hedge funds. This market denotes the highest value recorded by the f

What happens when a company fails to generate revenue after raising funds from a VC. Are the company owners obliged to any amount in return for investors And how will investor get an exit if the company is a loss making company

Found the following on Twitter (Now X), this influencer has wrongly given this name of "Hedge Fund" to his "Portfolio" and this person Sagar sarcastically replied What exactly is a Hedge Fund. Let's clear it out. A Hedge Fund is an investment fund

can mutual fund be a profitable investment? A mutual fund is a company that pools money from many investors and invests the money in securities such as stocks, bonds, and short-term debt. The combined holdings of the mutual fund are known as its po