WazirX


Markets

WazirX Offers 85% of Stolen User Funds as Rebalancing Ends

Fund distribution will begin if creditors approve the plan, bringing partial money recovery for victims of the $230 million hack that hit the Indian crypto exchange in July.

(Shutterstock)

Markets

WazirX Tells Creditors Accept New Scheme or Wait Until 2030 for Refunds From $230M Hack

The aftermath of an attack on India’s once-largest crypto exchange continues to brew.

Credit: Shutterstock

Policy

Singapore Court Grants WazirX Four-Month Conditional Moratorium

WazirX, which lost $234 million in a hack, had filed an application with the Singapore High Court for a six-month moratorium.

WazirX CEO Nischal Shetty (WazirX)

Finance

WazirX Hacker Is Almost Done Laundering $230M Stolen Funds

On-chain data shows the hacker, or hacker group, behind the massive theft has almost completed laundering the stolen funds.

(Alpha Rad/Unsplash)

Finance

WazirX Hacker Moves $32M Stolen Ether in Four Days to Tornado Cash as Binance Denies Founder’s Claims

WazirX founder Nischal Shetty claimed earlier this month that the ultimate owner of the crypto exchange was Binance - a statement the latter has denied.

(Alpha Rad/Unsplash)

Videos

Will Bitcoin Skyrocket If Trump Returns to Office?; WazirX Hacker Moves Stolen Funds to Tornado Cash

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as a Bernstein research report says that bitcoin is expected to reach new highs later this year if former President Donald Trump returns to the oval office. Plus, WazirX hacker has moved stolen ether to Tornado Cash, and Binance's Indonesia subsidiary has won a full license in the country.

Recent Videos

Markets

WazirX Hacker Starts to Move Stolen Ether Using Tornado Cash

The Indian crypto exchange was hacked for over $230 million in July, and a restructuring process is underway in Singapore.

(Alpha Rad/Unsplash)

Finance

Extremely Unlikely WazirX Customers Will Be Made Whole in Crypto Terms: Legal Advisers

WazirX co-founder Nischal Shetty said the numbers are as of today and the objective is to reduce the gap through various efforts.

WazirX CEO Nischal Shetty (WazirX)

Finance

WazirX Asks Singapore Court for 6 Months to Restructure Liabilities as CoinSwitch Weighs Legal Action

Indian rival CoinSwitch said it is likely to sue the hacked crypto exchange, where $9.6 million worth of deposits were held.

WazirX CEO Nischal Shetty (WazirX)

Finance

WazirX to Phase In Indian Rupee Withdrawals Starting Aug. 26

Users of the Indian crypto exchange will be able to take out up to 66% of their rupee funds in two phases following a suspension instituted after last month's $230 million dollar hack.

WazirX CEO Nischal Shetty (WazirX)

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