A new restructuring plan for WazirX, the Indian cryptocurrency exchange, has gained approval from a majority of its creditors following a major hack that saw $234 million stolen. […]
95% Creditor Approval Brings WazirX Closer to Restart After $234 Million Hack
WazirX, the troubled cryptocurrency exchange, has received a significant boost in its efforts to restore operations. A revised restructuring plan, backed by 95% of voting creditors, moves it […]
WazirX Restructures: New Plan Gets Approval for User Compensation
India’s prominent crypto exchange, WazirX, has received overwhelming approval for a crucial restructuring plan following a major hack last year. This development marks a significant step towards resolving […]
WazirX Secures Crucial Creditor Backing for Restructuring Plan
WazirX, the former leading cryptocurrency exchange in India, has received significant support from creditors as it seeks to recover after a massive $230 million hack last year. The […]
WazirX Restructuring Plan Receives 95% Creditor Approval, Awaits Court Sanction
WazirX’s restructuring plan has received overwhelming support from creditors, securing a 95.7% approval rate following a successful revote on the Amended Scheme of Arrangement. The plan now awaits […]
WazirX (WRX) Price Plummets Following Revote Results Uncertainty
WazirX’s native token WRX witnessed a significant price drop of 14.96% over the past day, plummeting to $0.07386. This decline coincides with the impending verification of results from […]
WazirX Users to Receive Partial Refunds, Court Review of Repayment Proposal Ongoing
Users affected by the 2023 WazirX data breach may soon receive some partial compensation for their losses. The Singapore High Court has reviewed a new repayment proposal from […]
WazirX User Funds: Singapore High Court to Rule by June 20th
The fate of WazirX user funds remains uncertain as Singapore’s High Court set June 20, 2025, as the deadline for Zettai’s revised restructuring proposal. The court rejected this […]
WazirX Hack Update: Singapore Court Refuses Restructuring Plan
The WazirX cryptocurrency exchange has faced a setback in its efforts to repay creditors after the Singapore High Court rejected their proposed restructuring plan. Despite the exchange’s appeal, […]
Singapore High Court Dismisses WazirX Restructuring Plan
WazirX, a cryptocurrency exchange primarily serving Indian users, has encountered significant challenges following a $230 million hack attributed to the notorious North Korean cybercrime group, Lazarus Group. In […]
WazirX Hack Drives Crypto Exodus as it Relocates to Panama
The Indian cryptocurrency exchange WazirX, once a key player in the rapidly growing Indian cryptocurrency market, is navigating a storm of challenges following a major hack. This incident […]
WazirX Token Plummets 39% Amidst Operations Shift to Panama
WazirX, a prominent cryptocurrency exchange in India, has experienced a drastic market downturn. The platform’s native token WRX plummeted by nearly 39% within just 24 hours, leaving its […]
Singapore High Court Halts WazirX’s Recovery Plan Amidst $230 Million Hack
WazirX, the Indian crypto exchange, has faced a major setback after the Singapore High Court blocked its restructuring plan following a significant security breach. The exchange announced the […]
WazirX Shifts Operations to Panama Following Singapore Court Decision
Following a rejection of its restructuring plan by a Singaporean court, Indian cryptocurrency exchange WazirX has relocated its operations to Panama. The company is transferring all crypto-related activities […]
WazirX Shifts Operations, Rebrands as Zensui Amid Regulatory Challenges
Cryptocurrency exchange WazirX has made a significant move by relocating to Panama and rebranding as Zensui, responding to regulatory pressures in Singapore. This strategic shift comes amidst legal […]