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WAZIRX RESTRUCTURING PLAN
WazirX’s Revival - an understated moment for India’s Crypto Industry?A Harvard study highlights billions lost annually due to hasty liquidations, advocating for restructuring. WazirX's successful Singapore-ba...- Madras HC ruling recognising cryptocurrency as property: What does it mean for investors?Crypto holders may have recourse to property law remedies such as injunctions, trusts, claims for misappropriation, rather than purely cont...
- PB Fintech, Cognizant results; Boat trims IPO sizePolicybazaar parent PB Fintech reported a strong September quarter on rising insurance demand. This and more in today's ETtech Top 5.
- Starlink's India gateway; Deepinder Goyal's longevity betElon Musk's Starlink is gearing up to launch satellite broadband services nationwide. This and more in today's ETtech Top 5.
- ETtech Explainer: WazirX’s return to India after $230 million cyberheistWazirX was founded in 2018 by Nischal Shetty, Siddharth Menon, and Sameer Mhatre. It quickly took the lead in the Indian crypto market, gro...
- WazirX to resume operations, 15 Months after cyberheistWazirX is set to resume operations after a 15-month hiatus following a $235 million cyberhack. The Singapore High Court approved a restruct...
- WazirX to resume operations on October 24 with 0% trading feesWazirX is set to resume operations on October 24, offering 0% trading fees on select crypto pairs, including USDT/INR. The exchange has par...
- Singapore Court okays WazirX parent's plan for return of frozen assetsSingapore High Court approved WazirX's parent Zettai's restructuring plan, allowing the Indian crypto exchange to resume operations and beg...
- Singapore HC axes WazirX restructure plan after $235-million cyber heistSources privy to Wednesday's hearing told ET, the Singapore court observed that WazirX-operating entity Zettai Pte Ltd was not registered i...
- ETtech Explainer: Why WazirX’s recovery plan hit a legal roadblockLast year, ET reported that WazirX was hit by one of the biggest cyberattacks on an Indian crypto exchange. Hackers made off with more than...
- What should WazirX do to unlock trust?The WazirX cyberattack, which led to a $235 million loss, represents a critical "Crucible Moment" for the company. To regain trust, WazirX ...
- Building trust in the crypto industry should be a shared responsibilityIndia's IT sector grew due to government policies focused on skill development and investment, and similar regulatory support is needed for...
- WazirX $230-million heist: Singapore court allows WazirX parent to hold meet with crypto usersThe firm had moved the court through an application on December 6, 2024, seeking permission to convene a meeting with creditors (users) to ...
- WazirX cyberattack: Delhi High Court seeks response from government and RBIThe Delhi High Court seeks responses from the government, RBI, and others on a petition for an investigation into a cyberattack on WazirX, ...
- Crypto chaos: WazirX hack leaves investors in financial turmoilA July 18 hack on cryptocurrency exchange WazirX wiped out $235 million, affecting 15 million investors. Victims face financial ruin, anxie...
- WazirX granted four-month conditional moratorium by Singapore Courts after $230 million hackThe court's decision followed WazirX’s request for a six-month moratorium under Section 64 of the Insolvency, Restructuring, and Dissolutio...
- Social security for gig workers; WazirX’s legal mazeThe government is exploring avenues to ensure social security for gig workers. This and more in today's ETtech Top 5.
- Byju’s lenders seek $200 million loan prepayment; government notifies online gaming rulesEdtech major Byju's lenders have sought up to $200 million in prepayment along with a higher interest rate to restructure its $1.2 billion ...
- IT hiring expected to surpass 2021 levels; WazirX tries to calm anxious workers“Even after multiple months of cratering stock prices and inflation in the broader US economy, companies are still desperate for talent and...
- WazirX tells workers it ‘disagrees’ with ED; Son’s warning to unicorn foundersThree days after the Enforcement Directorate froze its bank assets worth Rs 64.67 crore, crypto exchange WazirX has sought to allay the con...
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