India’s Parliament is finally treating crypto like a real market, not just a headache to tax into oblivion. A formal hearing with Binance, WazirX, and ZebPay marks a notable shift toward direct crypto regulation talks, as reported in this Parliament meeting. Formal hearing: India’s Standing Committee on Finance met crypto industry representatives in New Delhi […]
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Has WazirX Really Recovered or Just Rebranded the Damage? WazirX, previously India’s top cryptocurrency exchange, made headlines with its relaunch on October 24, 2025, following a brutal $230 million hack in July 2024 that left users high and dry. Yet, as the platform attempts to rise from the ashes, persistent issues like frozen funds, blocked […]
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WazirX Users on the Brink of Fund Recovery: Revote Looms with High Stakes A year after a catastrophic $235 million hack gutted WazirX, one of India’s leading cryptocurrency exchanges, users are inching toward a potential breakthrough. A creditor revote, set for July 30 to August 6, 2025, could finally release millions in frozen funds, but […]
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CoinDCX CEO Slams WazirX Allegations: User Funds Safe and Compliant in India A fiery clash between two of India’s leading cryptocurrency exchanges, CoinDCX and WazirX, has thrown the spotlight on user fund safety and regulatory compliance. With accusations flying and trust on the line, CoinDCX CEO Sumit Gupta has fired back at claims that user […]
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WazirX and BitGo Partnership: Security Upgrade or Delayed Crypto Fund Access? WazirX, a leading Indian cryptocurrency exchange, has teamed up with BitGo, a US-based digital asset custodian, to bolster security and restore user trust as it pushes to relaunch operations. With over 4.4 million users still unable to access their funds following a devastating $230 […]
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WazirX’s Restructuring Plan Gains Strong Creditor Backing After $230 Million Cyber Attack WazirX, an Indian cryptocurrency exchange, has secured overwhelming support for its restructuring plan, following a devastating $230 million cyber attack attributed to the notorious Lazarus Group. With 93.1% of creditors by count and 94.6% by value endorsing the scheme, WazirX aims to navigate […]
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WazirX’s Recovery Plan Gains Strong Support Amid Legal Challenges WazirX, a leading Indian cryptocurrency exchange, has secured overwhelming support for its recovery plan following a cyberattack last year. Despite this, the approach to restructuring user assets worth ₹4,400 crore has come under scrutiny from the Delhi High Court, raising concerns about user consent and data […]
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WazirX’s Resilient Relaunch: A Beacon of Hope Amidst Cyberattack Fallout WazirX, once India’s leading digital asset exchange, is staging a comeback after a devastating $230 million cyberattack, attributed to North Korea’s notorious Lazarus Group. The exchange is fortifying its defenses and rebuilding user trust with the help of top custodians BitGo Trust and Zodia Custody, […]
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WazirX Secretly Moves Funds Out of Bybit Post $1.5 Billion Hack: No Explanation Provided If you’re a WazirX user, you might be feeling left in the dark. Following the massive $1.5 billion Bybit hack on February 21, 2025, WazirX clandestinely withdrew ₹606 crore from Bybit, leaving its users with more questions than answers. Bybit hack […]
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WazirX Bolsters Transparency in Restructuring After $235 Million Hack Indian cryptocurrency exchange WazirX has taken significant steps towards transparency by releasing a preliminary creditor list and a balance snapshot as part of its restructuring efforts. These measures, dated July 18, 2024, are designed to help creditors verify their claims and understand their current balances amidst […]
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