WazirX Restructuring Approved, Offering Relief to Hack Victims
WazirX has received approval for its restructuring plan from the Singapore High Court, following a $234 million hack. This decision, supported by a significant majority of creditors, allows the cryptocurrency exchange to resume operations and begin compensating over 150,000 affected users. The approval is a crucial step in restoring trust in the platform and providing relief to those impacted by the hack.
WazirX Restructuring Approved, Offering Relief to Hack Victims
WazirX has received approval for its restructuring plan from the Singapore High Court, following a $234 million hack. This decision, supported by a significant majority of creditors, allows the cryptocurrency exchange to resume operations and begin compensating over 150,000 affected users. The approval is a crucial step in restoring trust in the platform and providing relief to those impacted by the hack.
Why World Pulse Now
Global Coverage
All major sources, one page
Emotional Lens
Feel the mood behind headlines
Trending Stories
Know what’s trending, globally
Read Less, Know More
Get summaries. Save time
Multi-Language
Switch languages to read your way
Save for Later
Your stories, stored for later
Live Stats
Our system has analyzed 5,191 articles worldwide
~216 per hour
598 trending stories shaping headlines
From breaking news to viral moments
Monitoring 198 trusted sources
Major outlets & specialized publications
Latest update an hour ago
Always fresh