Finance News – Wazirx
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CoinDCX CEO blames ‘server breach’ for $44 million exploit; Indian firm will cover losses
The recent security compromise resulted in a substantial financial loss of $44 million, which the company has committed to reimbursing, following a previous major cyberattack affec...
Read Full Article →Indian Crypto Exchange CoinDCX Denies Moving User Funds After WazirX Allegations
CoinDCX's CEO, Sumit Gupta, dismissed claims of transferring user assets to foreign entities, emphasizing the company's commitment to regulatory compliance and safeguarding investo...
Read Full Article →WazirX gains crucial extension to revive post-hack restructuring plan
The granted extension by Singapore’s High Court provides WazirX additional time to implement recovery strategies, potentially impacting its financial stability and future operation...
Read Full Article →Hacked Crypto Exchange WazirX Gets More Time to Restructure After Court Ruling
The crypto platform is extending its timeline to reorganize its business, including relocating certain operations internationally, in order to comply with regulatory requirements b...
Read Full Article →WazirX restructuring rejected by Court as community cries ‘scam’
The court's refusal to approve WazirX's reorganization plan has intensified concerns about its financial stability, potentially undermining investor confidence and complicating the...
Read Full Article →WazirX relocates to Panama after Singapore court blocks restructuring efforts
Following a significant cyberattack and subsequent legal obstacles in Singapore, WazirX’s move to Panama reflects a strategic attempt to stabilize and continue its financial operat...
Read Full Article →WazirX exits Singapore, moves to Panama after court ruling
WazirX’s relocation to Panama and rebranding of its parent company as Zensui may impact its financial strategy and regulatory compliance, potentially affecting its market positioni...
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