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Price wars hurt payment firms; CG Power’s fab play faltersHappy Friday! Payment aggregators are slashing fees to stay in the game. This and more in today’s ETtech Morning Dispatch.- 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 ...
- 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...
- 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 $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 freezes first tranche of stolen funds worth USD 3 millionWazirX successfully froze $3 million in stolen assets from last year's cyberattack. Efforts spearheaded by founder Nischal Shetty aim to re...
- 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...
- 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...
- Big bettors toss tough questions at WazirX amid legal tanglesBig bettors are questioning WazirX, the cryptocurrency exchange facing insolvency in Singapore after a major crypto heist. Two large invest...
- Hacker behind $234 million India crypto theft starts washing fundsThe perpetrator on Monday moved 2,500 Ether tokens worth about $6.3 million to Tornado Cash — a sanctioned service that blurs the origin of...
- WazirX parent looking for ‘white knights’ to rescue crypto exchange“There are several ideas from ‘white knights’ to collaborate … there are creative ways to do this rather than acquiring the platform (by a ...
- ED probing crypto exchanges for alleged laundering of over Rs 1,000 croreThe ED is expected to question officials of the crypto exchanges under investigation again next week, said an industry executive.
- WazirX, Binance CEOs clash over ownershipFounder claims deal WazirX struck involved Binance’s parent entity
- ED freezes bank accounts of WazirX worth Rs 64.67 croreThe agency’s statement comes days after the minister for state (Finance) Pankaj Chaudhary told the Parliament that WazirX was being probed ...
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