WazirX
WazirX Restructuring Nears Final Hurdle with May 13 Court Hearing Date
Indian cryptocurrency exchange WazirX is on course to restart operations as it awaits a final decision from Singapore’s High Court on May 13. The ruling will determine whether the exchange’s...
India’s Top Court Dismisses WazirX Hack Petition on Regulatory Grounds
In a major setback for victims of the July 2024 WazirX cryptocurrency hack, the Supreme Court of India today dismissed a criminal petition filed by over 50 users seeking action...
WazirX Moves Closer to Resuming Operations Following Creditor Vote
WazirX creditors approved the crypto exchange’s restructuring plan aimed at compensating victims of the July 2024 cyberattack that resulted in $230 million in lost assets. The exchange secured strong majority...
WazirX Quietly Moves Funds from Bybit After $1.5 Billion Hack, Users Left in the Dark
Following the $1.5 billion Bybit hack on February 22, WazirX quietly withdrew its funds from the exchange without informing its users. This move has raised concerns about transparency, as WazirX...
WazirX Faces Make-or-Break Moment: Creditors To Decide Fate in Restructuring Vote
WazirX, the embattled Indian crypto exchange, faces a crucial vote on its restructuring plan. Creditors will choose whether to save the platform or trigger liquidation and prolonged repayment delays. Restructuring...
South Korean Crypto CEO Jailed for Selling Military Secrets to North Korea
A South Korean crypto exchange CEO is headed to prison for four years after being found guilty of espionage. The CEO participated in a scheme to disclose military secrets to...
FBI Links $308M DMM.com Bitcoin Hack to North Korean Hackers
The Federal Bureau of Investigation (FBI), Department of Defense Cyber Crime Center (DC3), and Japan’s National Police Agency (NPA) say North Korean cyber actors are responsible for the $308 million...
WazirX Faces New Probe and DEX Launch; Binance Delists SUI/TUSD, WRX Pairs
The crypto market is reacting to Binance’s announcement on delisting several underperforming trading pairs. These include SUI/TUSD and WRX pairs. Binance cited low liquidity and market inefficiency as reasons. The...
Binance to Delist Bluzelle (BLZ) and WazirX (WRX) on Christmas Day
Binance, the largest crypto exchange by trading volume, has announced it would delist Bluzelle (BLZ) and WazirX (WRX) from its trading platform. In a blog post, the exchange said this...
WazirX Asset Rebalancing: $200M Wallet Activity Sparks Binance Theories
WazirX has given its users an update on its asset rebalancing. This comes after concerns about unexpected wallet movements. The exchange said the transfers between cold storage wallets are temporary....
Binance Entity Faces $85 Million Tax Evasion Probe in India
The Indian Finance Ministry says some cryptocurrency exchanges in the country are dodging taxes. Nest Services Ltd, reportedly linked to the Binance Group, is the biggest offender, sources say. The...
Binance-WazirX Feud Escalates: Users Demand Clarity Over Frozen Funds
The dispute between Binance and WazirX has intensified, with users demanding accountability from both platforms. Allegations of frozen funds, hacking incidents, and regulatory scrutiny have fueled the controversy. Binance CEO...
DMM Bitcoin Calls It Quits Post $320M Hack, 450K Users Affected
DMM Bitcoin, a Japanese centralized crypto exchange, will shut down after losing $320 million in Bitcoin in a massive fraud in May. The company, unable to recover the lost funds,...
WazirX Founder Confirms Asset Distribution Will Be in Tokens, Not Fiat or USDT
In a tweet earlier today, Nischal Shetty, founder and CEO of WazirX, India’s embattled crypto exchange, revealed a key detail of the company’s ongoing restructuring efforts. Shetty confirmed that WazirX...
WazirX Hack: Indian Authorities Arrest Suspect in $230 Million Theft
The Delhi Police in India arrested a suspect in connection with the $230 million hack of Indian cryptocurrency exchange, WazirX. The suspect, SK Masud Alam, is accused of creating a...
India Might Ban Bitcoin and Ether to Boost its CBDC
The Indian government is exploring a ban on privately-operated cryptocurrencies like Bitcoin and Ether. As part of the country’s digital finance plans, India intends to promote its central bank digital...
WazirX Gets Reprieve From Singapore Court After $234 Million Crypto Hack
The High Court in Singapore granted WazirX, an Indian cryptocurrency exchange, a four-month judicial stay. This moratorium will allow WazirX to address the impact of a $234 million hack in...
WazirX’s Tarnished Reputation: A $230M Hack and a Botched Response
Pseudonymous crypto trader Mystery of Crypto has blasted WazirX’s response to the security breach that cost over $230 million in digital assets. The trader said that, unlike other exchanges that...
WazirX Hackers Are Still at It – Another $12M Vanishes into Tornado Cash
Hackers responsible for the massive WazirX exploit continue to move the stolen funds, the latest being 5,000 ETH (approximately $12 million) transferred through the privacy mixer Tornado Cash, according to...
Binance vs. WazirX: War of Words Escalates Over $235 Million Hack
Binance has vehemently denied WazirX’s allegations, emphasizing that it has never owned or operated the platform, even during the July 2024 cyberattack that led to the loss of $235 million...
WazirX Hackers on the Move Again: $23.3M in ETH Transferred in 24 Hours
Blockchain analytics firm SpotOnChain has flagged another significant movement of funds linked to the WazirX exchange hack. In the last 24 hours, the hackers transferred a total of 10,000 ETH,...
WazirX Hackers Continue to Move Stolen ETH, Cyvers Warns
Blockchain security firm Cyvers Alerts has reported a new development in India’s largest cryptocurrency heist. Hackers behind the July breach of WazirX exchange have shifted 5,000 Ether (ETH), worth roughly...
WazirX Hackers Transfer $12M in ETH, Laundering via Tornado Cash
Hackers responsible for the $230 million WazirX breach have transferred 5,000 ETH, worth roughly $12 million, to a new address, according to blockchain security firm Cyvers Alerts. The transfer follows...
WazirX Hacker Cashes Out: $6.5M ETH Moved to Tornado Cash
The WazirX Exploiter, infamous for its massive cryptocurrency thefts, has recently moved 2,600 ETH, worth $6.54 million, to Tornado Cash, a privacy-focused Ethereum mixer. This move happened 11 hours ago,...
WazirX Schedules Townhall To Discuss Proposed Restructuring
The leading Indian cryptocurrency exchange, WazirX, has scheduled a Townhall meeting to discuss its recently proposed restructuring and moratorium application. In a recent announcement on X, the crypto exchange informed...
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