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WAZIRX TOKEN DISTRIBUTION
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 launches crypto Futures with lowest trading fees and no volume thresholdWazirX has launched crypto Futures trading for Indian traders, offering the lowest maker and taker fees in the market without volume thresh...
- 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...
- 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...
- 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...
- Crypto’s legal tangles seem as mystifying as digital asset itselfTraders betting on crypto platform WazirX have learnt that they are “unsecured creditors” of a Singapore company named Zettai (the Japanese...
- 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 ...
- $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'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...
- Down 70% from all-time highs, can this crypto token rebound anytime soon?The crypto token has lost more than 70 per cent of its value from its peak of $3 scaled in November 2021. On Monday, it plunged 9 per cent ...
- Crypto-tech industry to grow to $241 million in India by 2030: NasscomThe crypto-tech market in India has the potential to create over 800,000 jobs and an economic value-add of $184 billion by 2030 in the form...
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