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WAZIRX VOTING PROCESS
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...- A responsible recovery in the aftermath of an alarming cyberattackAmendments include fund distribution by Zanmai India. The Monetary Authority of Singapore addressed compliance. Voting is scheduled from Ju...
- 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...
- India's Web3 Dominance Fueled by Startup Ecosystem
- 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 ...
- WazirX partners BitGo Trust Company to improve fund securityTroubled Indian cryptocurrency exchange WazirX has partnered with BitGo Trust Company -- a regulated digital asset custodian and infrastruc...
- Won't rejoice on approval of scheme;team will work hard to return value to users: WazirX FounderFaced with an existential crisis after USD 230 million crypto heist last year, WazirX is "hopeful" of securing adequate votes from users in...
- 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’s Proposed Scheme of Arrangement: A Path to Recovery and Future Stability for UsersWazirX proposes a Scheme of Arrangement to recover $234 million lost in a cyberattack by North Korean hackers, aiming to redistribute asset...
- WazirX completes asset rebalancing, token distribution awaits creditor approvalWazirX completed its asset rebalancing post a $230 million security breach and seeks user approval for a distribution scheme covering 85% o...
- 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 ...
- Zettai seeks court approval for WazirX creditors meeting and scheme of arrangement“The proposed scheme of arrangement, filed in the court under the Companies Act 1967, prioritises creditors by outlining a structured roadm...
- 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...
- WazirX security breach: Crypto platform to resume INR withdrawals in phases starting August 26WazirX will lift the suspension on INR balance withdrawals starting August 26. Users can withdraw 66% of their balances by September 22. A ...
- The making of a crypto evangelist: Larry Fink's transformative journeyBlackRock has set its sights on Ethereum, filing with the SEC to launch Ethereum ETFs. Larry Fink is bullish on Bitcoin. He regards the iSh...
- Beyond the Hype: Understanding why Solana is thrivingSolana Price: Founded in 2017 by former Qualcomm engineer Anatoli Yakovenko, Solana's original vision was to challenge centralized financia...
- Sundar Pichai calls for ‘responsible’ tech regulation; over 57% want Elon Musk out as Chief TwitAt the eighth edition of Google for India on Monday, CEO Sundar Pichai said India has a leadership role to play in crafting “responsible re...
- Transaction declined: why Prosus dropped $4.7B BillDesk buy; deal had $50-100M breakup feeThe merger was expected to create an online payments gateway juggernaut that would process $147 billion in annualised total payments value ...
- ED freezes another Rs 370 crore in crypto probe; EarlySalary eyes $100M fundingThe ED says it has frozen assets worth Rs 370 crore of a Bengaluru company that parked its funds with the crypto exchange Flipvolt and used...
- Are Indian startup founders in denial?The RBI's digital lending guidelines have increased the pressure on new-age lending businesses, forcing them to focus on their non-banking ...
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