The crypto world is watching closely as WazirX, a prominent crypto exchange, faces a significant setback. The Singapore High Court recently delivered a crushing blow by rejecting the exchange’s proposed restructuring plan. This decision sends ripples through the community, particularly for users affected by a major hack and those hoping for a path to recovery […]
In a significant development within the global cryptocurrency market, WazirX, a prominent crypto exchange widely used by investors in India, is undergoing a major operational shift. The platform, previously based in Singapore, is now relocating its core activities to Panama. This move follows a recent decision by a Singapore court regarding its restructuring plans, marking […]
Cryptocurrency enthusiasts in India are holding their breath as WazirX, a prominent Indian crypto exchange, sets its sights on a potential comeback. After a devastating $234 million hack in July 2024 sent shockwaves through the crypto community, WazirX is now pinning its hopes on a Singapore court decision to pave the way for a triumphant […]
In a disheartening turn for cryptocurrency investors in India, the Supreme Court has delivered a significant blow to victims of the massive WazirX hack of July 2024. Imagine losing your hard-earned money in a cyberattack, only to be told by the highest court in the land that they can’t help you. This is the stark […]
In a powerful show of faith and resilience, WazirX, one of India’s leading cryptocurrency exchanges, has secured a monumental victory in its recovery journey. Over 90% of its creditors have given a resounding ‘yes’ to the proposed restructuring plan following a significant security breach last year. This isn’t just good news for WazirX; it’s a […]
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