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Urgent Plea: WazirX Parent Seeks ‘White Knights’ for Rescue Mission
Zettai, the parent company of WazirX, is currently in discussions with 11 major cryptocurrency exchanges and trading firms in an effort to secure emergency funding or establish partnerships to recover the $235 million lost in a hacking incident that occurred in July, as reported by the Economic Times. During a townhall meeting on Monday, WazirX…
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Ultimate Guide: WazirX’s Parent Firm Seeks Moratorium in Singapore High Court
Zettai Pte Ltd, the parent company of WazirX, made a significant move by applying to the Singapore High Court for a moratorium under Section 64 of the Insolvency, Restructuring, and Dissolution Act 2018. This decision follows a major cyber attack on WazirX on July 18, 2024, resulting in the theft of approximately $230 million (₹2000…
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Igloo, Inc., Parent Company of Pudgy Penguins, Secures $11M for Growth Initiatives
Revolutionizing the Blockchain: Igloo’s Grand Plan with Abstract The world of blockchain and digital assets is on the brink of a remarkable transformation, and leading the charge is none other than Igloo, Inc. The creators behind the beloved Pudgy Penguins NFT collection have recently bagged a monumental $11 million investment. This hefty sum is poised…
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Parent of Google Boosts AI Investments for Crypto Gaming in Q2 2024
The Rise and Shine of Alphabet’s Second Quarter Earnings The effects of artificial intelligence (AI) on tech giants have been buzz-worthy for years, but seldom have they been as palpable and rewarding as demonstrated in Alphabet’s recent financial escapade. The parent company behind Google has just unwrapped its performance for the second quarter of 2024,…
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Ransomware Assault Targets ‘Elden Ring’ Creator’s Parent Firm
Tackling the Digital Age: The Rise of Ransomware Attacks on Major Corporations Imagine waking up to the news that one of the heavyweight champions in the gaming industry faced a critical hit, not from declining sales or bad reviews, but from a malevolent cyberattack. When we dive into the high-adrenaline world of video game publishers,…