WazirX
WazirX Hack Explained: What Happened & What’s Next
The cryptocurrency world has always been unpredictable, with several opportunities and drawbacks, the latter comprising scams and security breaches. While scams targeted users via fake websites and offers, security breaches...
WazirX Schedules July 30 Creditor Re-Vote As Per Amended Recovery Plan
WazirX has proposed an amended Scheme of Arrangement for its recovery plan and is now calling for a new vote from its creditors. The main revision shifts operational control to...
WazirX Moves Forward With Revival Plan, Announces Final Vote to Begin Fund Distribution
WazirX, the Indian cryptocurrency exchange working to recover from a $235 million cyberattack, is moving forward with its revival plan after resolving its restructuring process in Singapore. The exchange has...
WazirX Gets a Second Chance as Court Allows a Revote on Its Restructuring Plan
The Singapore High Court has overturned an earlier decision and has now approved a fresh vote on a revised restructuring scheme for Zettai, a company entangled in the legal battle...
WazirX Users Sue Zettai in Singapore High Court, Allege ‘Inside Job’ Over Frozen Funds
A legal battle with significant ramifications for the crypto industry has reached Singapore’s High Court, where WazirX users are suing the exchange’s local entity, Zettai, for access to millions of...
WazirX Victims Demand Action as Frustration With Indian Authorities Boils Over
An acclaimed advocate for crypto users affected by the WazirX crypto exchange hack from several months ago has called out the Indian Central Bureau of Investigation (CBI) for failing to...
WazirX Moves Closer to Restructuring With Singapore Court’s Latest Approval
A Singapore court has granted the Indian cryptocurrency exchange WazirX an extension on a legal moratorium related to its ongoing restructuring efforts. The development is the latest in the exchange’s...
Zettai Technologies to Fight Singapore Court’s Rejection of Its WazirX Restructuring Plan
The Singapore High Court has declined to approve a proposed restructuring plan for the embattled crypto platform WazirX, marking a major setback for the recovery efforts led by Zettai Technologies....
WazirX Rebrands as Zensui and Moves Operations from Singapore to Panama
WazirX, a major Indian cryptocurrency exchange, has rebranded as Zensui and shifted its parent company from Singapore to Panama. The decision comes as Singapore tightens regulations on digital asset firms....
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...
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