Coin Prices


AD

News Explorer — WazirX Customers Unlikely to Be Fully Compensated in Crypto Terms After Hack

Generated by AI, curated by humans


Sep 2, 8:47 am
Coindesk

WazirX Customers Unlikely to Be Fully Compensated in Crypto Terms After Hack

Legal advisers to WazirX, the hacked Indian cryptocurrency exchange, have stated that it is unlikely that customers to be fully compensated in crypto terms after the exchange lost $234 million in a hack. At least 43% of the funds held by customers are unlikely to be recovered, with the best-case scenario being a return of 55% to 57% of the funds, the advisers said. WazirX is seeking six months' protection from the Singapore High Court to restructure its liabilities following the hack.

Latest

Oct 8, 2:41 pm
Decrypt

UN Report Describes Rising Use of Cryptocurrencies for Fraud and Money Laundering in Southeast Asia

Read Summary

Oct 8, 2:03 pm
Decrypt

Cardi B WAP Solana Meme Coin Climbed to $34 Million—But Insiders Have Already Made $250K by Dumping

Read Summary

Oct 8, 1:41 pm
Decrypt

Crypto.com Sues SEC Over 'Unauthorized and Unjust' Crypto Regulation

Read Summary

Oct 8, 5:57 am
Coindesk

Chinese Stocks and Bitcoin Falter After an Underwhelming Stimulus Briefing

Read Summary

Oct 8, 4:30 am
Decrypt

Trump's Presidential Odds on Polymarket Spike to Two-Month High Amid Bettor Speculation

Read Summary

Oct 8, 3:46 am
Decrypt

Positive CPI Data May Boost Bitcoin's Price Coupled With the 'Uptober' Narrative, Experts Say

Read Summary

Oct 8, 2:25 am
Techcrunch

Chainalysis CEO on Leave During Company's Restructuring

Read Summary

Oct 7, 10:46 pm
Decrypt

El Salvador's Bond Rally Follows Buyback Offer in Bid to Restructure Debt

Read Summary

Oct 7, 5:14 pm
Decrypt

Japanese Public Firm Metaplanet Buys Up More Bitcoin

Read Summary

Oct 7, 4:39 pm
Coindesk

Proposed Ethereum Upgrade Could Boost Network Speed by 50%

Read Summary

Oct 7, 4:32 pm
Decrypt

Robinhood Exec Dan Gallagher Eyed to Lead SEC If Trump Wins Presidency: Politico

Read Summary

Oct 7, 3:59 pm
Coindesk

Copper CEO Set to Depart Crypto Custody Company: Report

Read Summary

Oct 7, 3:50 pm
Decrypt

Moo Deng Ethereum Token Spikes After Vitalik Buterin Sells Billions

Read Summary

Oct 7, 2:20 pm
Decrypt

Ethereum Restaking Protocol EigenLayer Discloses Unauthorized Token Sale

Read Summary

Oct 7, 1:51 pm
Decrypt

Did Satoshi Nakamoto Have a Cat? These Meme Coin Traders Hope So

Read Summary