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Category restructuring

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Wazirx Fast-Tracks INR Withdrawals but Users Face 6-Month Crypto Trading Delay

Wazirx Fast-Tracks INR Withdrawals but Users Face 6-Month Crypto Trading Delay

Indian crypto exchange Wazirx has accelerated Phase 2 of INR withdrawals after a cyberattack on July 18. Initially scheduled for Sept. 9, eligible ...
Sep, 04, 2024
by Bitcoin News
Matter Labs Restructures, Cuts 16% of Workforce Amid Strategy Shift

Matter Labs Restructures, Cuts 16% of Workforce Amid Strategy Shift

Matter Labs, a key player in the crypto industry, is restructuring, resulting in a 16% workforce reduction. The decision, made to align with evolvi...
Sep, 03, 2024
by Bitcoin News
Wazirx Files for Moratorium in Singapore Court to Address Users’ Crypto Balances

Wazirx Files for Moratorium in Singapore Court to Address Users’ Crypto Balances

Indian crypto exchange Wazirx has announced that a moratorium has been filed in Singapore’s High Court under the Insolvency, Restructuring and Diss...
Aug, 28, 2024
by Bitcoin News
Wazirx Defends Restructuring Decision — Founder Assures ‘Not Bankruptcy or Liquidation’

Wazirx Defends Restructuring Decision — Founder Assures ‘Not Bankruptcy or Liquidation’

Indian crypto exchange Wazirx has defended its restructuring strategy in response to the July 18 cyberattack that led to the theft of over $230 mil...
Aug, 24, 2024
by Bitcoin News
Genesis Finalizes Restructuring Plan, Initiates Repayments

Genesis Finalizes Restructuring Plan, Initiates Repayments

Bankrupt crypto lender Genesis Global Capital has now completed its restructuring process and began debt repayment to creditors. This development c...
Aug, 03, 2024
2 min read
by Bitcoinist