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Binance Delisting Sends WazirX (WRX) Token into Freefall by Over 57%

TheNewsCrypto LogoTheNewsCrypto15h ago

Binance Delisting Sends WazirX (WRX) Token into Freefall by Over 57% - TheNewsCrypto

Quick Summary:

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.

The amount transacted appears to match the missing funds of the hack, leading to the reimbursement initiative.

Funds have been moving between wallets, involving tokens like ETH, SHIB, PEPE, and LINK.


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Article Details

Author / Journalist: Sarayu Krishna

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-18 @ 12:57:37 (15 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 296 words

Reading Time: 2 minutes read

Sentences: 23 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 24538973

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About TheNewsCrypto

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Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 33 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 12 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #125

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  • URL: https://beamstart.com/news/binance-delisting-sends-wazirx-wrx-17345410592550

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