Tag: dex

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Summary To resume trading on its platform, WazirX is implementing a Singapore scheme of arrangement. Zettai Pte Ltd, which manages WazirX’s crypto assets, is also launching a new decentralized exchange (DEX) to support recovery efforts. This scheme aims to provide liquidity and additional recovery options to WazirX users through rebalancing and tokenization. Hacked cryptocurrency exchange […]

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TL;DR In December 2023, crypto losses totalled $103.88M across 32 attacks, a 59% decrease compared to the previous month. The 2023 yearly loss amounted to $1.77B from over 440 hacking incidents, showcasing the prevalent vulnerability in the crypto space. Rug pulls and smart contract vulnerabilities contributed to being the prime contributors, constituting 21%, and code […]