Why wazirx Is Trending Today?

WazirX, a prominent Indian cryptocurrency exchange, has secured approval from the Singapore High Court for its debt restructuring plan. This approval paves the way for the platform to begin repaying users who were affected by a $234 million hack. The court's sanction allows WazirX to restart operations within 10 business days, providing relief to millions of users who had been left in limbo following the hack. The exchange's CEO expressed gratitude for the court's decision, stating that it marks a significant step towards resolving the crisis and restoring user confidence in the platform.