The terms ‘WazirX, CoinDCX and Zebpay’, recently seen in news, is related to

Daily Current Affairs Quiz 26 May 2021

The terms ‘WazirX, CoinDCX and Zebpay’, recently seen in news, is related to

A. Exoplanets

B. Mini satellites

C. Cryptocurrency exchanges

D. None of these

Explanation:

The Users of India’s largest cryptocurrency exchanges, WazirX and CoinDCX, had a tough time due to outages as Bitcoin plunged over 30%, wiping out over $500 billion in value from the coin’s peak market value. In India, a combination of factors, including a scramble to exit and buy at dips resulted in the collapse of WazirX, sending its users into a tailspin. Some of the most popular cryptocurrency exchanges in India are WazirX, CoinDCX, Zebpay and UnoCoin.

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