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CRYPTO RECOVERY SCHEME
Franklin Templeton Mutual Fund suspends subscription of units in its retirement fundFranklin Templeton Mutual Fund has suspended fresh investments in Franklin India Retirement Fund from May 20, following Sebi’s move to disc...- Bitcoin nears $78,000 as crypto market cap hits $2.6 trillion; $1.9 billion ETF inflows signal strong demandBitcoin hovered near $78,000 as the global crypto market cap approached $2.6 trillion, supported by strong ETF inflows of $1.9 billion. Whi...
- WazirX completes allocation of Recovery Tokens, distributes 85% of rebalanced net liquid platform assets to users within 10 daysWazirX has completed the allocation of Recovery Tokens to eligible users under its court-approved scheme and distributed around 85% of reba...
- 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...
- WazirX resumes operations, looks to rebuild trustWazirX has resumed operations after a 15-month hiatus following a massive hack, focusing on rebuilding user trust and cooperating with Indi...
- 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...
- CBI conducts searches in HPZ cryptocurrency token fraud caseOn October 3, coordinated search operations were conducted at seven locations across Delhi NCR, Hyderabad, and Bengaluru, leading to the re...
- 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...
- 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 ...
- 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 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...
- CBI busts Rs 350 crore countrywide crypto ponzi scamThe CBI has registered a case against seven individuals involved in a Rs 350 crore crypto ponzi scam, conducting raids across multiple citi...
- 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...
- Hiring & expansion key focus; Metaverse potential underutilized: ConsenSysIn an exclusive interview with Etmarkets.com, Joseph Lubin, Founder and CEO, ConsenSys, said that the funding will be utilized for two majo...
- 14 things India wants from Nirmala Sitharaman's BudgetWhile India is rebounding at the quickest pace among major economies this year, finance minister Nirmala Sitharaman will need more than jus...
- Top cryptocurrency prices today: Polkadot, Binance Coin tank up to 20%Barring the dollar-pegged tokens, eight out of the top 10 cryptocurrencies were trading lower at 9.30 hours IST. Bitcoin and Ethereum decli...
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