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How Will WazirX’s Asset Rebalancing Help Its Recovery Strategy?

After months of silence following a massive $230 million hack in July 2024, WazirX, one of India’s leading cryptocurrency exchanges, has caught the attention of the crypto community with unusual wallet activity. According to the on-chain data, funds have been moving between wallets, and buying activity involving tokens like ETH,

December 16, 2024 3 mins read

Has Binance Covered the $230M WazirX Hack Loss?

In July 2024, WazirX, a major Indian crypto exchange, suffered a major hack. Which caused a loss of over $230 million. For months, affected users were left uncertain about whether they would recover their funds. Recently, movements of $200 million on the blockchain have created speculation that Binance, the world’s

December 13, 2024 3 mins read

DePIN WiFi Map’s 2024: A Year of Growth, Innovation, and Impact

As 2024 comes to a close, the world’s largest crowdsourcing DePIN platform WiFi Map celebrates an extraordinary year filled with remarkable milestones, community-driven achievements, and innovative advancements. From reaching new user engagement records to launching transformative features, WiFi Map solidifies its place as a leading decentralized platform for global connectivity.

December 13, 2024 6 mins read

India Blockchain Week 2024 Conference Reveals Remarkable Web3 Ecosystem Growth

The web3 ecosystem saw $462M in investments in the first nine months of 2024, an 82% growth from last year. With 1,000 startups, the world’s third-largest founder base, and 12% of global crypto developers, India is set to become the largest developer hub by 2027. India Blockchain Week (IBW) Conference,

December 10, 2024 5 mins read

Could WazirX Users See Recovery Under the Proposed Scheme?

Zettai Pte Ltd, the parent company of the embattled cryptocurrency exchange WazirX, has filed an application with the Singapore High Court on December 6, 2024. The filing seeks approval to convene a meeting of creditors to vote on a proposed Scheme of Arrangement aimed at resolving the aftermath of a

December 10, 2024 2 mins read

When Will WazirX Return, If Not Now?

WazirX, a popular crypto exchange, is working hard to recover from a major hack that led to a $235 million loss. They’ve recently taken an important step by applying to the Singapore Court for permission to meet with creditors. This meeting will help to decide the best way to distribute

December 7, 2024 3 mins read

CZ’s Post hints Talk of Altcoin Season

CZ’s Cryptic Post Changpeng Zhao (CZ), the former CEO of Binance, has once again set the cryptocurrency community with curiosity. With sharing a close up image of a keyboard’s Alt key and posing, “Which key is available on Windows and Linux, but not on Mac?” CZ left the answer clear:

December 3, 2024 2 mins read

Coinbase Secures NYDFS License and Expands Globally

Coinbase Receives Virtual Currency License from NYDFS Coinbase, Inc., a leading cryptocurrency exchange, has been granted the authority to engage in Virtual Currency Business Activity by the New York State Department of Financial Services (NYDFS). This license allows Coinbase to legally operate and offer its services within the state of

December 3, 2024 2 mins read
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