WazirX Seeks 30-Day Pause for Restructuring Amid Lawsuit
CoinSwitch has sued WazirX over funds locked on its platform after a July cyber attack. WazirX simultaneously filed for a 30-day moratorium with Singapore’s High Court. CoinSwitch, a cryptocurrency exchange, has initiated legal proceedings against its embattled competitor, WazirX, in response to funds that remain on the latter’s platform as a result of an alleged […]
WazirX Exchange Gives Plan for INR Withdrawal Payout
Indian WazirX exchange has pledged to resolve INR withdrawals within two weeks and has expressed its commitment to the 34% of user funds that have been suspended. WazirX exchange , an Indian cryptocurrency platform, has initiated the initial segment of INR withdrawals, granting users access to half the available 66% balances. The exchange will attempt […]
WazirX Blames External Forces for Restructuring Delays
WazirX plans to resume Indian rupee withdrawals on August 26 and cut withdrawal fees by 60%. WazirX, an Indian cryptocurrency exchange, has voiced its disapproval of external forces that it asserts are intentionally impeding its efforts to retrieve its holdings. The exchange introduced the criticism immediately after a thorough restructuring plan, intended to restore financial […]
WazirX Cancels Open Orders to Address INR-Crypto Balance Issues
WazirX canceled all open orders and refunded assets to users as part of efforts to resolve INR and crypto balance issues. All open orders on the Indian exchange WazirX were canceled yesterday, and any INR and crypto assets that had been reserved for the aforementioned transactions were returned to the balances of users. The exchange […]
WazirX To Restore Wallets Amid Fraud Claims
WazirX plans to resume trading and withdrawals shortly while addressing user concerns. On Thursday, WazirX, a troubled cryptocurrency exchange, announced its decision to restore wallet balances and nullify any conducted trades. The decision to take this action came after customers expressed dissatisfaction with the previous plans of the cryptocurrency exchange based in India, and following […]