Searched for
WAZIRX ASSETS DISTRIBUTION
WazirX bets on AI, futures trading to fuel comeback after $235-million hackCryptocurrency exchange WazirX is introducing AI-powered trading tools, advanced trading products and customer experience upgrades followin...
Bitcoin falls 12% in a week, drops below key $70K level as ETF outflows accelerateBitcoin has fallen below $70,000, dropping nearly 12% in a week. This decline is driven by institutional selling and negative ETF flows. Ma...
Bitcoin consolidates near $73,600 as whale outflows hit highest level since FebruaryBitcoin hovered near $73,660 as whale outflows hit their highest level since February, adding to short-term selling pressure. Major altcoin...
Bitcoin trades near $76K as worsening macro conditions and $982 million fund redemptions from last week pressure sentimentBitcoin hovered near $76,000 amid worsening global macro conditions and significant fund redemptions, which totaled $982 million last week....
Explained: What is US Senate’s CLARITY Act and why does it matter for crypto investors?The Republican-led Senate Banking Committee has advanced the long-awaited CLARITY Act, a landmark crypto regulation bill aimed at defining ...
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 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...
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 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...
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...
$230 million breach: Under fire for the idea of socialising loss, WazirX vows to explore all optionsThe crypto platform experienced a breach involving its multisig wallet, which typically requires two or more private keys to authenticate a...
WazirX Hack: Making customers pay 45% losses is utter nonsense, says Co-Founder of CoinDCXWazirX has decided to implement a "socialized loss" strategy following a major cyberattack that compromised nearly half of its user funds. ...
WazirX faces flak over handling of $230-million crypto heistCryptocurrency platform WazirX suffered the biggest cyberattack on an Indian exchange, with hackers stealing more than $230 million worth o...
WazirX's controversial solution to security hack: $230 million loss to be distributed among all customersIndia's WazirX crypto exchange faced a significant security breach, leading to a $230 million loss. To address this, WazirX will use a 'soc...