WazirX’s creditor recovery plan is underway, with 52% of claims set to be covered through liquid assets, totaling $284 ...
Nischal Shetty, founder and CEO of WazirX said he is expecting to restart the exchange platform by February 2025.
The exchange hopes to generate revenues from these new additions after restarting the platform. (Image/X) Cryptocurrency ...
WazirX is planning to resume trading on its platform to make its users whole after the crypto exchange was hit by a $230 Mn ...
In a townhall event on Wednesday (November 6, 2024), Indian crypto exchange WazirX and risk advisory firm Kroll announced plans to launch a decentralised exchange (DEX) as well as a new crypto token ...
Following a $235 million hack in July 2024, Indian crypto exchange WazirX plans to launch a decentralized exchange in early 2025, featuring its own governance token and user-controlled assets.
The beleaguered platform is tied up with a series of challenges including massive liabilities, its dispute with global crypto ...
WazirX plans to launch and distribute recovery tokens to affected users, enabling them to recoup nearly half of their lost assets.
WazirX CEO Nischal Shetty highlighted the growing demand for self-custody solutions in the wake of numerous security breaches on centralised exchanges.
In September, WazirX had said that 55% of user funds could be made available to customers before this dispute is resolved, ...
WazirX held its first creditor meeting on October 15 as part of its restructuring efforts after the July hack but only four ...
The company is in the process of developing a DEX with the video of using profits derived from it to be allocated to scheme creditors as it aims to reopen the exchange in February.