Business
WazirX Set for Court Hearing Next Month, Planning Payouts After 10 Days if Recovery Strategy is Approved
WazirX prepares to bounce back after a significant hack, awaiting court's decision on restructuring and user compensation plan.
Altcoins
WazirX Prepares for Possible Relaunch Amid Court Decision on Restructuring
WazirX is set to potentially resume operations pending a court ruling, following significant security breaches in the past.
Altcoins
Challenges Faced by WazirX Hack Victims Highlight Regulatory Gaps in India
The Indian Supreme Court's recent decision dismisses a petition filed by victims of the WazirX hack, raising concerns about the lack of cryptocurrency regulations.
Crypto
Restructuring Plan Approved by WazirX Creditors to Compensate $230 Million Cyber Heist Victims
WazirX creditors have overwhelmingly supported a restructuring plan aimed at compensating victims of a major hacking incident.
Crypto
WazirX to Distribute 85% of Stolen User Funds Following Rebalancing Completion
The Indian crypto exchange plans to initiate partial fund distribution for hack victims, contingent on creditor approval.
Crypto
WazirX Informs Creditors: Accept the New Plan or Wait Until 2030 for $230M Hack Refunds
Following a significant security breach, WazirX informs its creditors about the voting on a restructuring scheme that could enable them to receive their stolen crypto.
Crypto
WazirX's Restructuring Plan Gets Court Approval After Cyberattack
The Singapore High Court has greenlit WazirX's plan to compensate users affected by a significant cyberattack.
Crypto
WazirX Secures Singapore Court Approval to Compensate Users After $230M Breach
WazirX has received judicial permission to initiate a restructuring process to allocate funds lost in a significant cyber attack.
Crypto
WazirX's WRX Token Plummets 60% Following Binance Delisting, Casting Doubts on Recovery
The recent decision by Binance to delist WazirX's WRX token leads to a significant drop in its price, further complicating the Indian exchange's recovery efforts.
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