WazirX to Resume Trading October 24 After 16-Month Suspension Following $220M Breach

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Thirty-five percent of affluent Americans aged 18 to 40 have withdrawn capital from financial advisers who do not offer cryptocurrency investment options, according to a survey by crypto payments firm Zerohash. More than half of those who switched advisers moved between $250,000 and $1 million. The findings highlight growing demand among younger investors for digital asset integration in wealth management portfolios.

India will introduce the ARC stablecoin, pegged 1:1 to the rupee, in early 2026, according to project documentation. Developed by Polygon and fintech firm Anq, the digital asset aims to reduce capital outflows to USD-backed stablecoins and support domestic debt needs. The Reserve Bank of India will oversee operations through its Central Bank Digital Currency framework using a two-tier corporate account structure.

Indian cryptocurrency exchange WazirX will restart trading operations on October 24, 2025, ending a 16-month suspension triggered by a $230 million security breach. The platform will activate token trading in phases over four days, achieving full functionality by October 27. The Singapore High Court approved WazirX's restructuring plan last week, with 95.7% of creditors supporting the proposal.

Indian crypto exchange WazirX will reopen on October 24, 2025, following Singapore High Court approval of its debt restructuring plan. The platform will offer zero trading fees and distribute recovery tokens to creditors within 10 business days, over a year after a $230 million hack in July 2024.

Bitcoin is trading around $108,164, up slightly from Monday but down 2% for the week, while Ether holds near $3,815. Traders are focused on Friday's Consumer Price Index report, the only major US economic release unaffected by the government shutdown. The CPI data will serve as a key reference point for monetary policy expectations.