wazirx Archives - Coinspeaker

WRX Freefall: WazirX’s Relocation Sparks Investor Chaos

WazirX’s failed restructuring and move to Panama have triggered a sharp WRX token crash and growing investor unrest.

WazirX Returns 85% of Lost Funds as Hack Fallout Nears Resolution

Cryptocurrency News, News

By Bena Ilyas Feb 11, 2025

WazirX is banking on creditor approval to avoid liquidation and push forward with the DEX model.

WazirX $235M Hack Repayment Could Stretch to 2030 Without Creditors Approval

Bitcoin News, Cryptocurrency News, News

By Chimamanda U. Martha Feb 4, 2025

Indian crypto exchange WazirX has announced a comprehensive recovery roadmap for victims of its July 2024 hack, with repayment timelines contingent on creditor approval.

Altcoin News, Cryptocurrency News, News

WazirX Freezes $3M in USDT in Cyber Attack Aftermath

By Godfrey Benjamin Jan 17, 2025

WazirX’s fight against cybercrime has paid off with its recent freezing of $3 million worth of USDT.

Cryptocurrency News, News

Crypto Exchange WazirX Shares Recovery Roadmap after $235M Hack

By Bhushan Akolkar Jan 10, 2025

WazirX is implementing a recovery plan under the Singapore Scheme of Arrangement to compensate users affected by the $235 million hack.

Bitcoin News, Cryptocurrency News, News

CoinSwitch Steps In, Helps WazirX Victims Through $69.9M Fund

By Godfrey Benjamin Jan 7, 2025

CoinSwitch is looking to help WazirX users recoup part of their locked funds with a new Cares Fund initiative.

Altcoin News, Cryptocurrency News, News

WazirX (WRX) Crashes 60 % on Binance Delisting and Legal Troubles

By Bena Ilyas Dec 18, 2024

Binance attributed the delisting decision to its stringent asset evaluation process, which aims to ensure compliance with industry standards.

Cryptocurrency News, News

WazirX Plans to Reopen Exchange in February 2025 after $235M Exploit

By Chimamanda U. Martha Nov 7, 2024

WazirX plans to launch and distribute recovery tokens to affected users, enabling them to recoup nearly half of their lost assets.

Guest Posts, News

DeFi Based Crypto Losses to Decline This Year

By Godfrey Benjamin Oct 25, 2024

The DeFi sector is on track to record an unexpectedly low valuation in total assets lost due to exploits.

Cryptocurrency News, News

Phishing Scams Led to $46M Loss from Over 10K Crypto Addresses in September

By Steve Muchoki Oct 4, 2024

The Ethereum network was the most affected with ERC20 phishing attacks amounting to over $43.3 million stolen from different users in September.

Cryptocurrency News, News

Singapore Court Grants WazirX 4-Month Time to Sort Restructuring Plan

By Anisha Pandey Sep 26, 2024

A Singapore court has granted WazirX a four-month moratorium, requiring it to disclose wallet addresses and financial accounts.

Cryptocurrency News, Ethereum News, News

WazirX Hacker Moves $32M in ETH to Tornado Cash in 4 Days, Binance Refutes Founder’s Claims

By Leon Okwatch Sep 19, 2024

Binance’s rebuttal comes amid growing frustration over the stolen funds.

Altcoin News, Cryptocurrency News, News

WazirX Exploiter Labeled Address Begins Laundering Stolen Funds via Tornado Cash

By Steve Muchoki Sep 5, 2024

WazirX recently reopened partial withdrawal of INR accounts as it sought legal assistance in Singapore to facilitate proper restructuring.

Cryptocurrency News, Cybersecurity News, News, Technology News

WazirX Prepones Withdrawals as Hacker Moves 2600 ETH to Tornado Cash

By Bhushan Akolkar Sep 3, 2024

During the recent conference call with journalists, WazirX founder Nischal Shetty stated that the customers would probably lose 43% of the money they had with the exchange.

Cryptocurrency News, News

Legal Experts Cast Doubt on Full Crypto Recovery for WazirX Users

By Leon Okwatch Sep 2, 2024

Customers are advised to stay informed about the ongoing proceedings and prepare for the likelihood of a partial return of their assets.