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WazirX Moves Closer to Resuming Operations Following Creditor Vote

Coinedition LogoCoinedition1w ago

WazirX Moves Closer to Resuming Operations Following Creditor Vote - Coinedition

Quick Summary:

WazirX creditors approved the crypto exchange’s restructuring plan aimed at compensating victims of the July 2024 cyberattack that resulted in $230 million in lost assets.

The exchange secured strong majority support for its Scheme of Arrangement, moving closer to potentially resuming operations and starting partial asset recovery.

Creditor Vote Details and Next Steps Over 141,000 […]

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WazirX Moves Closer to Resuming Operations Following Creditor Vote - Coinedition (Picture 1)WazirX Moves Closer to Resuming Operations Following Creditor Vote - Coinedition (Picture 2)WazirX Moves Closer to Resuming Operations Following Creditor Vote - Coinedition (Picture 3)

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Article Details

Author / Journalist: Peter Mwangi

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-08 @ 15:00:00 (1 weeks ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 123 words

Reading Time: 1 minutes read

Sentences: 53 lines

Sentence Length: 3 words per sentence (average)

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

Copyright Owner: © Coinedition

News ID: 27730175

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About Coinedition

Coinedition Logo

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 20 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #124

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "WazirX Moves Closer to Resuming Operations Following Creditor Vote" has 123 words across 53 sentences, which will take approximately 1 - 2 minutes for the average person to read.

Which news outlet covered this story?

The story "WazirX Moves Closer to Resuming Operations Following Creditor Vote" was covered 1 weeks ago by Coinedition, a news publisher based in India.

How trustworthy is 'Coinedition' news outlet?

Coinedition is news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 20 news stories per day.

It's most recent story was published 9 hours ago.

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The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

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  • News ID: #27730175
  • URL: https://chronographically.beamstart.com/news/wazirx-moves-closer-to-resuming-17441262456184

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