WazirX's resumption comes after the completion of its restructuring process approved by the Singapore court. (Photo source: Unsplash) Show Quick Read Summary is AI Generated. Newsroom Reviewed
Indian cryptocurrency exchange WazirX is set to restart operations from Oct. 24, after a 15-month shutdown, as the company recovered from a cyberattack that caused a loss of $234 million.
The resumption of WazirX's operations, as per the company statement, comes after the completion of its restructuring process approved by the High Court of Singapore and backed by a majority of its creditors.
WazirX reportedly stated that it would levy zero trading fees for traders during the first 30 days of operation. The company further noted that tokens will be enabled over four days in phases, with compl