📢 FAQs around Restructuring Scheme Q1: Why is WazirX planning new business initiatives alongside distributing funds to Creditors? A: Zettai is committed to maximizing recoveries for Scheme Creditors. In addition to the First Distribution of rebalanced Net Liquid Platform Assets within 10 Business Days after the Scheme is effective, Zettai is focused on reactivating the Platform, recovering Illiquid Wallet Assets and Stolen Assets, and pursuing potential new business initiatives to enhance creditor recoveries further Q2: What measures were taken to expedite rebalancing? A: With over 4.4 million creditors, seeking individual approvals would have been a highly complex process, causing significant delays in distributions. To expedite recoveries, the Company has worked closely with the Committee of Creditors (CoC), which strongly supported the rebalancing plan as part of a viable Scheme proposal to allow distributions as soon as possible For answers to more FAQs, click here 👉

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📢 Scheduled Maintenance We will be undergoing scheduled maintenance for a system upgrade from 10 PM IST on 28th October to 3 AM IST on 29th October. Please note that all services will be unavailable during this period. Thank you for your support 🙏

📢 Second Townhall Announcement Join us at the Townhall to discuss the draft restructuring proposal and for a walk through and explanation of the worked examples. 🗓️ 16th September 2024 at 3:30 PM IST 🕞 Set a reminder 👉

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👋 tribe! We understand that our decision to pursue this restructuring path may raise some concerns, but we want to emphasize that it is the most expedient and legally sound approach to addressing the current crypto-related issue. We believe this direction is in the best interest of our platform users, allowing us to move forward efficiently. Unfortunately, there are external parties, not invested in the platform, who may attempt to prolong this situation for their own reasons. Their intention appears to be maintaining uncertainty rather than finding a resolution. Our primary goal is to assist our users in recovering as much as possible while simultaneously exploring ways to enhance value. Please be assured that we are continuously evaluating all available options, but as previously noted, these solutions require time and patience. Moreover, we are actively pursuing various legal avenues and bounty programs to recover stolen assets. These efforts are ongoing, and we remain fully committed to achieving the best possible outcome for our users. We will provide more details regarding the restructuring process next week. Please keep in mind that this is not a bankruptcy or liquidation—those paths would take several years to resolve. We encourage caution against certain individuals who may attempt to guide you toward those options for their personal gain. It is regrettable that some are trying to exploit this situation for their own engagement. We encourage everyone to focus on achieving the most effective and quick resolution, which is through restructuring. Thank you for your patience and understanding 🙏

We've received reports of fraud, scams, and misinformation in our WazirX Discuss group. To safeguard our users, we are temporarily pausing the ability to send messages. We are actively working to address these issues and will resume messaging capabilities soon. Thank you for your understanding and cooperation. Stay tuned for more updates.

📢 Trading has been temporarily paused The cyber attack theft has impacted our ability to maintain 1:1 collaterals with assets, and we've temporarily paused trading. We're conducting thorough forensic data examination and security audit procedures and working to enable withdrawals soon. User safety remains our top priority. Thank you for your patience and support during this challenging time. We will continue to provide regular updates 🙏

Based on community feedback we have increased the White Hat Recovery reward to 10%, i.e., up to $23 Million. We invite white hat hackers, blockchain forensics experts, and cybersecurity professionals from around the world to join this critical mission and protect the integrity of the crypto ecosystem. For more details on how you can assist in the recovery, please visit our updated blog post 👉

wazirx.com

In response to the recent cyber attack on one of our multisig wallets, we're announcing a Bounty Program to recover the stolen assets. We invite the community to participate in: Bounty 1: Track & Freeze — offering rewards up to $10,000 worth of USDT for actionable intelligence that leads to freezing the funds. Bounty 2: White Hat Recovery — providing a 5% incentive of the recovered amount as a white hat reward. For full details and terms, please refer to this blog 👉

wazirx.com

Your expertise and collaboration are crucial in these efforts to secure and recover the stolen funds 🙏

👋 tribe! We've noticed impersonators sending emails pretending to be WazirX. While we're actively monitoring and addressing these fraudulent activities, your vigilance is key. Always double-check email IDs and avoid clicking on suspicious links. 👉

wazirx.com

Ethena deposits are live 🚀 You can now deposit $ENA on WazirX. Ethena will be listed on WazirX today! Spread the word 🙌

1 $BTC = ₹5 0, 0 0, 0 0 0

🥁…drum rolls…🥁 Introducing Bitcoin Gift Cards 🎁 This Valentine's Day, stand out by gifting your loved ones & single friends a Bitcoin Gift Card and get 50%* back 🤑 More details →

wazirx.com

You're given $42,000. Which one do you spend it on?

⚡️ GMT/INR trading is live on WazirX ⚡️ You can now buy, sell, and trade $GMT in the INR market of #WazirX! @fslweb3 Repost & spread the word 🙌

#WazirXDepositDhamaka is still on, but not for long 🥳 ⏳ Deposit Crypto & Earn 1% Bonus in the same coin 🤑 Get started 👉

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👋, #memecoin hodlers, what's your pick? 🤔

From being a bold idea to becoming the largest crypto exchange made in India - WazirX takes pride in being a homegrown success story 💪 On this #NationalStartupDay, join us in revisiting our journey and milestones over the years 👇

⚡️ CFX/INR trading is live on WazirX ⚡️ You can now buy, sell, and trade $CFX in the INR market of #WazirX! @Conflux_Network Repost & spread the word 🙌

Top 5 Gainers on WazirX 🚀 » $AUCTION - ₹2,336 (+21.02%) » $OXT - ₹9.60 (+9.66%) » $SC - ₹0.74 (+7.73%) » $RLC - ₹140.44 (+7.60%) » $BEAMX - ₹1.74 (+6.70%)

what's your current favorite #altcoin?

#NewCoverPic 👀

Top 5 Gainers on WazirX 🚀 » $DUSK - ₹16.20 (+7.98%) » $FTT - ₹280 (+7.69%) » $SUPER - ₹51.01 (+6.27%) » $IMX - ₹197.98 (+6.07%) » $T - ₹3.60 (+5.88%)

May this harvest season fill your life with happiness and prosperity 🌾 #Lohri #MakarSankranti #HappyPongal 🥳

Gm Monday 🥱

Q: "How do you I change/update my phone number & email address on WazirX?" A: Here's how 👇

Congrats, @maddy11s , for winning the Diwali Sign-Up Contest 🙌🚀

"Sunday Plans?" Charts (•_•)/

#IndiaKaBitcoinExchange is here for you 🇮🇳 Deposit Crypto & Earn 1% Bonus 💰 » Valid for 27 coins » Users who only HODL or trade for 30 days are eligible for reward » 50 lucky people who QT this tweet #WazirXDepositDhamaka will win $WRX worth ₹100 Go, go, go 🚀

Weekly Crypto News 📰 » Manta Pacific, the native Layer 2 modular blockchain of Manta Network, exceeds $900M in TVL » Hedera Network approves $408M worth $HBAR allocation for ecosystem growth » Hedera and Algorand partner to develop a decentralized wallet recovery system »…

Top 5 Gainers on WazirX 🚀 » $ENS - ₹2,246 (+23.06%) » $TOKEN - ₹2.77 (+21.71%) » $BLUR - ₹53.70 (+14.25%) » $HNT - ₹689.75 (+13.07%) » $XVS - ₹1,092 (+10.89%)

WazirX, a proudly Made in India platform, is one of the pioneers among Virtual Digital Assets Service Providers (VDA SPs) registered with FIU-IND. We're committed to providing a secure and transparent trading platform for our users 💪

What's your plan right now? _____ the dip

Top 5 Gainers on WazirX 🚀 » $BOB - ₹0.0032 (+29.76%) » $FTT - ₹292 (+21.28%) » $BCH - ₹25,527 (+17.85%) » $PUNDIX - ₹43.80 (+14.94%) » $T - ₹3.25 (+12.78%)

Only the OGs will be able to guess it 👀

Guess what’s making a comeback⏳👀 Hint: WazirX _______ Dhamaka 👀

Top 5 Gainers on WazirX 🚀 » $ENS - ₹1,980 (+43.79%) » $ETC - ₹2,596 (+38.08%) » $BOB - ₹0.0031 (+32.2%) » $PENDLE - ₹167.99 (+29.23%) » $AUCTION - ₹2,099 (+24.93%)

We're in a new era of Spot #BitcoinETFs Here's the list of things we should look forward to 👇

Exactly 15 years ago, Satoshi Nakamoto sent the first-ever transaction over the #Bitcoin network to Hal Finney. This event, and Hal's subsequent tweet, has forever been etched into the history of Bitcoin 🫡

Bitcoin ETFs are live 🥳 A new chapter begins for #Bitcoin

retweet if you're awake to witness history in the making. #Bitcoin

#Bitcoin performance every year! What's your prediction for 2024? 📈📉

Heard about Bitcoin covenants? They are proposed additions to the #Bitcoin code that would allow people to retain some control over $BTC that is no longer theirs. Find out how Bitcoin covenants work 👇

Deposit crypto and continue your crypto journey with #IndiaKaBitcoinExchange 🇮🇳 Get started here 👉

t.co

You get one spin for 2024. What are you aiming for?

Top 5 Gainers on WazirX 🚀 » $BONK - ₹0.0011 (+25.25%) » $T - ₹3.03 (+18.13%) » $VITE - ₹1.58 (+16.17%) » $INJ - ₹3,950 (+16.15%) » $HNT - ₹505 (+15.69%)

Gm, have a green day ahead 🟢🚀

Only a bull run can complete my lakshya to visit #Lakshadweep this year 🏖

⚡️ AGLD/INR trading is live on WazirX ⚡️ You can now buy, sell, and trade $AGLD in the INR market of #WazirX! @GoldAdventure Repost & spread the word 🙌

#Bitcoin ETFs You've heard of them, but do you know why they are actually crucial? Find out how ETFs could be a game changer for the industry 👇

Top 5 Gainers on WazirX 🚀 » $YFII - ₹1,26,000 (+14.67%) » $STX - ₹160 (+13.47%) » $DCR - ₹1,948 (+11.36%) » $UFT - ₹33.80 (+8.32%) » $MKR - ₹1,58,500 (+7.8%)