WazirX’s Platform Crashed Amid Regulation Panic
WazirX’s exchange hit 10 million users this year. Compared crypto to the 17th century Tulip mania. With few exclusions, India’s proposed ban on private cryptocurrencies triggered significant panic selling on Tuesday night, crashing India’s largest crypto exchange, WazirX. WazirX CEO Nischal Shetty told BusinessToday. Due to high user activity after