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Hopeful Turnaround: Over 90% of WazirX Creditors Approve Post-Hack Restructuring Plan

BitcoinWorld LogoBitcoinWorld15h ago

Hopeful Turnaround: Over 90% of WazirX Creditors Approve Post-Hack Restructuring Plan - BitcoinWorld

Quick Summary:

In a significant development for the Indian crypto space, WazirX, one of the nation’s leading crypto exchanges, has received a resounding vote of confidence from its creditors.

To truly appreciate the significance of this creditor approval, it’s essential to revisit the incident that triggered the restructuring plan in the first place.

While challenges remain and the path to full recovery will require sustained effort and transparency, this milestone marks a significant step forward for WazirX.

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Hopeful Turnaround: Over 90% of WazirX Creditors Approve Post-Hack Restructuring Plan - BitcoinWorld (Picture 1)

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Article Details

Author / Journalist: Editorial Team

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-08 @ 00:40:07 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 706 words

Reading Time: 4 minutes read

Sentences: 38 lines

Sentence Length: 19 words per sentence (average)

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

Copyright Owner: © BitcoinWorld

News ID: 27693870

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About BitcoinWorld

BitcoinWorld Logo

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 61 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #121

Publisher Details

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The story "Hopeful Turnaround: Over 90% of WazirX Creditors Approve Post-Hack Restructuring Plan" has 706 words across 38 sentences, which will take approximately 3 - 6 minutes for the average person to read.

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The story "Hopeful Turnaround: Over 90% of WazirX Creditors Approve Post-Hack Restructuring Plan" was covered 15 hours ago by BitcoinWorld, a news publisher based in India.

How trustworthy is 'BitcoinWorld' news outlet?

BitcoinWorld is a fully independent (privately-owned) news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 61 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #27693870
  • URL: https://beamstart.com/news/hopeful-turnaround-over-90-of-17440730855380

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