The controversial WazirX hack that resulted in the theft of $235 million in crypto sparked discussion about security in the industry. Affected users are demanding robust measures as they are missing ...

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 ...

Singapore High Court has rejected the WazirX’s proposed restructuring plan following the $234.9 million hack in July 2024. On Wednesday, the court cited concerns over transparency from its parent ...

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 ...

Indian cryptocurrency exchange WazirX announced on Saturday a controversial plan to “socialize” the $230 million loss from its recent security breach among all its customers, a move that has sent ...

Update (Oct. 23, 12:00 pm UTC): This article has been updated add comments from WazirX. Amid the ongoing debt restructuring of the hacked Indian cryptocurrency exchange WazirX, its digital custody ...

WazirX's $234 Mn crypto heist has unveiled serious security flaws and mismanagement, with several burning questions over founder Nischal Shetty's role and the platform's future In this deep dive into ...

Indian crypto exchange WazirX which lost over $230 million of users' funds in a massive hack has proposed a controversial recovery plan that involves distributing the loss to all WazirX users. The ...

WazirX creditors can start to receive their stolen crypto as early as April, or in 2030, based on the outcome of a voting scheme, scheduled for the coming weeks. Creditors of the hacked Indian crypto ...

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 ...

On Apr. 7, Zettai Pte Ltd., the Singapore-based parent company of the Indian crypto exchange WazirX, announced that a majority of the exchange’s creditors have approved the restructuring scheme. A ...

Add Yahoo as a preferred source to see more of our stories on Google. Customers of WazirX, the Indian cryptocurrency exchange that suffered a $234 million hack in July, are unlikely to recover their ...