Author: Maya Pillai
In July 2025, CoinDCX suffered a targeted cyberattack that led to a loss of $44 million. The attackers breached a backend server tied to the company’s internal liquidity provisioning system—an infrastructure used to manage token swaps, ensure trading liquidity, and facilitate order book stability. This wasn’t a wallet or front-end login breach. Instead, the hackers […]
WazirX revote approved. The Singapore High Court has cleared the stalled debt-resolution plan, giving the crypto exchange another shot at recovery. A new vote is coming. If creditors back the revised proposal, users may finally regain access to their funds. Operations could resume within weeks, led by India-based Zanmai Labs, now tasked with managing payouts. […]
Zanmai Labs takes over WazirX after clearing a key compliance hurdle from Singapore’s Monetary Authority (MAS). The Indian company is now set to regain full control of the crypto exchange’s operations, ending a long period of operational ambiguity and tensions with Binance. The move also follows legal and regulatory milestones tied to WazirX’s post-hack recovery […]