WazirX News
Latest WazirX News
News
The Madras High Court has ruled against WazirX redistributing user’s XRP holdings following its 2024 hack, declaring that cryptocurrencies qualify as property under Indian constitutional law. WazirX barred from redistributing user’s XRP under its “socialisation of losses” plan The Madras…
Recap
Global crypto markets saw a flurry of political and corporate developments last week, including Trump pardons and leadership picks.
News
Embattled Indian crypto exchange WazirX has secured court approval for its long-awaited restructuring plan. In an October 13 post on X, WazirX co-founder and CEO Nischal Shetty announced that the Singapore High Court has approved the company’s restructuring scheme. This…
News
WazirX, one of the largest crypto exchanges in India, has gained a majority vote of more than 95% for its latest restructuring proposal. It is now awaiting court approval. In a recent release from WazirX, the crypto exchange has proposed…
Recap
This week’s crypto roundup captures a whirlwind of activity across markets and politics, including Elon Musk's feud with Trump, and meme coin prices tumbled.
News
The embattled crypto exchange WazirX has hit another bump in the road, with a recent decision from Singapore’s High Court dealing a blow to its ongoing recovery efforts. According to the latest announcement from Indian crypto exchange WazirX, the Singapore…
News
Over 90% of WazirX creditors have voted in favor of proposed restructuring plan, clearing a key hurdle ahead of court review in Singapore. Creditors had nearly 10 days to cast their votes on Zettai’s restructuring plan — and by the…
Follow-up
Hacker Indian crypto exchange WazirX’s latest move has users furious: either support new DEX plan or sit tight for five years to get their money back. Indian crypto exchange WazirX, which lost hundreds of millions in customer funds in a…
News
Singapore High Court has accepted WazirX's reorganization plan, which will allow the exchang to repay 75% to 80% of the stolen customer monies. Despite the court's decision, many victims remain suspicious!
News
CoinSwitch has announced a $70 million recovery program, “CoinSwitch Cares,” aimed at helping WazirX users recover losses from a July 2024 cyberattack. The two-year initiative, seeks to restore confidence in India’s crypto ecosystem by providing financial relief to affected individuals.…
Markets
WazirX token was one of the best performers on Dec. 3 as it formed a long God candle. WazirX (WRX) price jumped to a high of $0.3500, its highest level since March 14, and 255% above the lowest point this…
Feature
Could new allegations against WazirX reveal the truth about the July hack, or are frustrated users fueling unfounded conspiracy theories? WazirX under the radar “again” On Jul. 18, India’s crypto community was rocked when WazirX, the country’s largest crypto exchange,…
News
Delhi police arrested a West Bengal resident in connection with a hacker attack that drained $235 million worth of crypto from WazirX. Indian authorities have arrested a suspect in the $235 million hack of cryptocurrency exchange WazirX, India Today reports,…
News
WazirX plans to restart trading alongside new features, a recovery token, and a decentralized exchange to make creditors whole. Speaking at the company’s fourth town hall session on YouTube, WazirX co-founder Nischal Shetty disclosed plans to airdrop “recovery tokens” to…
News
Indian crypto exchange CoinDCX has launched the world’s first decentralized custody solution, giving users direct control over their crypto assets. According to an Oct. 30 announcement shared with crypto.news, 15 million CoinDCX users will be able to retain control over…
News
A group of victims is preparing a lawsuit against crypto exchange WazirX following the $235 million hack. Thirty victims of the July 18 hack on WazirX, which saw roughly 45% of user funds drained from the platform’s hot wallet, are…