WazirX, one of the largest crypto exchanges in India, lost $235 million to a multisig wallet security breach in July 2024. The Indian cryptocurrency exchange WazirX is planning to restore the balances ...
WazirX warns creditors that repayments could be delayed until 2030 if they reject its restructuring plan, which was recently approved by the High Court of Singapore. Indian cryptocurrency exchange ...
Crypto exchange WazirX has bagged over 93% approval votes from creditors for its proposed Scheme of Arrangement, bringing victims of its $230 million July hack closer to a partial asset recovery. The ...
CoinSwitch, a prominent Indian cryptocurrency exchange, is suing rival platform WazirX to recover trapped funds, revealing the scope of the damage wrought by a cyberattack at WazirX that resulted in ...
Customers of WazirX, the Indian cryptocurrency exchange that suffered a $234 million hack in July, are unlikely to recover their funds in full through the ongoing restructuring process, a company ...
Mumbai, India-based crypto exchange WazirX relayed today that it suffered a security breach early this morning that led to about $235 million in cryptocurrency being stolen after one of its Ethereum ...
WazirX has given users an ultimatum to recover the remaining 55% of their funds. The proposal requires users to approve a new ...
Sunil Kavuri, an FTX creditor activist, has praised WazirX’s recovery plan, calling it “far superior” to liquidation and comparing it to failed strategies at defunct exchanges like Mt. Gox. “The ...
WazirX, the crypto exchange hit hard by a $234.9 million hack last year, says it’s gearing up to restart operations and begin creditor payments after a key Singapore court hearing on May 13. The ...
WazirX Vice President Rajagopal Menon on Thursday described as a “force majeure event beyond our control,” the cyber attack on one of its multisignature wallets resulted in a loss exceeding $230 ...
On December 6, WazirX parent Zettai filed an application with the Singapore court seeking approval to convene a shareholders’ meeting to vote on a proposed scheme of arrangement Under the proposed ...
CoinSwitch launched an INR 600 Cr recovery programme to aid WazirX users that were struck by a massive $230 Mn (INR 1,900 Cr) cyberattack last year Through the initiative dubbed ‘CoinSwitch Cares’, ...