India, 24 January, 2024 – On this International Day of Education, WazirX proudly reaffirms its dedication to fostering knowledge and awareness within the crypto space.
In the past year, WazirX has conducted specialized training sessions for law enforcement agencies, and government bodies, including Cyber Crime Units [CCU] in Bhopal and Goa, Vigilance Directorate in Odisha, EOW in Bhubaneswar, National Investigation Agency, Lucknow Police Headquarters, JCCT Guwahati & Cyber Crime North East Region. The sessions covered a spectrum of topics, from the history of money and crypto to the application of Blockchain in Cyber Security.
Partnering with law enforcement agencies, WazirX has also helped solve key cases that involved Virtual Digital Assets (VDA) for illicit transactions. WazirX worked with Enforcement Directorates in various cities to crack down on such cases. It also demonstrated in real time how cases can be solved by tracing the movement of VDA across blockchain, and assisted law enforcement with ample information which was crucial in nabbing the culprits. In one of the cases, transactions worth over Rs 7,000 crore were carried out from over 300+ accounts with a fraudulent mobile gaming application, e-Nuggets in Kolkata. In another case, an MLM scheme was being run by an individual in Bhubaneswar using a digital token which the local community had started using and investing in. WazirX helped identify the fund movement and legal ramifications of such illicit transactions.
Notably, Mr. Ishan Kanungo, Legal Manager, WazirX, a pivotal figure in these initiatives, received acknowledgment from IGP Shri J.N Pankaj, IPS, Economic Offences Wing, Bhubaneswar, Odisha, for his significant contributions to advancing crypto investigations.
WazirX’s dedication transcends training sessions, extending to a variety of educational resources through its diverse channels:
1. WazirX Blog: A comprehensive resource covering everything from blockchain basics to advanced market insights.
2. Coin Reports: Data-driven reports for over 200+ coins, simplifying research for investors in multiple languages.
3. Crypto Guide: A user-friendly repository of videos and text designed to demystify crypto concepts and make learning accessible.
4. Video Tutorials, Crypto Facts, and More: Crisp and informative videos on WazirX’s YouTube channel, covering topics from platform usage to industry myths.
WazirX consistently delivers a weekly newsletter, meticulously curated with insightful articles, breaking news, and updates from the WazirX ecosystem. This newsletter serves as an invaluable resource, empowering users to stay well-informed about the latest developments in the dynamic world of cryptos.
In the fight against misinformation, WazirX had partnered with Gurukula Kangri, Haridwar (Deemed to be University) to offer a free certificate course on Blockchain. This initiative, under the #PadhegaDeshBadhegaDesh campaign, aimed to educate individuals about various aspects of decentralized technology, and create job opportunities in the crypto sector for Indian youth. The course had more than 20,000 enrolments.
For two consecutive years, WazirX conducted training sessions at IIT Mumbai during their tech fest, empowering students with valuable insights into the dynamic world of cryptocurrencies.
Fortifying its commitment, WazirX established strategic partnerships with organizations such as, the Bharat Web3 Association, emphasizing blockchain awareness and ensuring the national and global dissemination of accurate information.
Recognizing the importance of educating and assisting users on Virtual Digital Assets (VDA) taxation, WazirX partnered with TaxNodes. This collaboration is a testament to WazirX’s comprehensive strategy to provide accurate and reliable information on navigating the complexities of crypto taxation.
Mr. Rajagopal Menon, VP – Marketing at WazirX, encapsulated the ethos, stating, “WazirX is more than just a platform; it’s a commitment to empower individuals with the knowledge and tools to navigate the evolving world of cryptos responsibly. We believe in making crypto education accessible to everyone, demystifying complexities, and fostering a community that thrives on understanding rather than uncertainty.”
WazirX’s unwavering commitment to education and recognition sets a benchmark for responsible participation in the crypto space.
About WazirX
WazirX, a proud made-in-India crypto exchange, allows users to buy, sell, and trade various crypto assets like Bitcoin, Ether, Litecoin, and more. Today, it is India’s largest crypto exchange by volume and has over 15 million users. Founded by Nischal Shetty, Siddharth Menon, and Sameer Mhatre, WazirX aims to make crypto accessible to every Indian.
Disclaimer: Cryptocurrency is not a legal tender and is currently unregulated. Kindly ensure that you undertake sufficient risk assessment when trading cryptocurrencies as they are often subject to high price volatility. The information provided in this section doesn't represent any investment advice or WazirX's official position. WazirX reserves the right in its sole discretion to amend or change this blog post at any time and for any reasons without prior notice.
