ExchangeUpdate

⚖️ Singapore Court Gives WazirX More Time to Restructure

📅 The court has extended WazirX’s moratorium and allowed the exchange to submit new legal arguments for its restructuring plan.

🛡️ This gives WazirX a second shot to recover user funds after last year’s $234.9M hack.

📊 93% of creditors supported the original recovery plan, which aims to return 75–85% of lost assets.

🔄 The exchange is also shifting operations to Panama under Zensui Corp.

#WazirX #CryptoNews #ExchangeUpdate #CryptoRecovery #SingaporeCourt

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❗️ Binance Temporarily Paused Withdrawals Due to AWS Outage
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⚠️ What Happened?

A network outage at Amazon Web Services (AWS) data center impacted Binance operations.

Some services functioned normally, while others experienced errors.

🔄 User Notice:

Users were advised to retry failed actions.

🔧 Binance Response:

Confirmed it’s working with AWS to resolve the issue.

Withdrawals were paused as a safety precaution.

✅ Update:

Withdrawals have been restored.

Some services may still face minor delays.

📉 KuCoin Impact:

KuCoin also reported AWS-related disruptions.

Assured users that all assets are safe.

#Binance #AWS #CryptoNews #ExchangeUpdate #KuCoin #Outage