WazirX Plans to Start Fresh With Exchange Re-open and DEX Launch

Quick Summary:

One of the popular crypto exchange platforms in India, WazirX has been facing criticism for not resolving the stolen funds issues in a hack.

In case, the scheme is not approved, scheme creditors would have to wait for some more time to resolve the issue.

If the scheme gets approved by the Singapore High Court, the long-awaited WazirX asset rebalancing issue will be solved.

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Article Details

Author / Journalist: Manisha Ailneni

Category: Crypto

Markets: United Arab EmiratesIndiaSingapore

Topics: Indian Crypto Exchange Exchange News Wazirxhack WazirX

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-18 @ 13:47:39 (13 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 381 words

Reading Time: 3 minutes read

Sentences: 25 lines

Sentence Length: 16 words per sentence (average)

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

Copyright Owner: © TheNewsCrypto

News ID: 24538970

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 33 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 11 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #125

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