The global crypto market has seen many developments and twists in 2024 from Bitcoin ETF approval to Bitcoin’s long-awaited target of $100K achievement. In this article we will explore the significant event which has poured more excitement in the market boom. January: The SEC Approves Bitcoin ETFs The U.S. SEC
After months of speculation and controversy, WazirX, one of India’s leading cryptocurrency exchanges, has finally broken its silence on the massive hack that led to a loss of over $230 million (₹2,000 crores) in crypto assets. In its fifth town hall meeting on December 19, 2024, the exchange outlined a
One of the popular crypto exchange platforms in India, WazirX has been facing criticism for not resolving the stolen funds issues in a hack. After coming up with a scheme to ensure a swift recovery of funds to all creditors, the exchange now revealed its plans to have a fresh
Binance, the largest cryptocurrency exchange with over 250 million users, announced the delisting of the WazirX (WRX) token on December 25, 2024, at 03:00 UTC. The decision comes after Binance’s periodic reviews of listed assets to ensure standards like development activity, network stability, trading volume, and regulatory compliance. According to
WazirX, one of the top cryptocurrency exchanges in India, is facing serious criticism. After several questionable actions that have left users feeling misled. The Introduction of Recovery Tokens (RTs) A crypto influencer, Aditya Singh, recently pointed out multiple lies from the platform, including false claims about surplus funds, INR withdrawals,
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,
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
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
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
The arrest of SK Masud Alam, a resident of West Bengal, by the Delhi Police in relation to the ₹2,000 crore hack on cryptocurrency exchange WazirX is a significant development. Allegedly, Alam used a phony account to launch the assault, which sought to compromise both the hot and cold wallets
