{"id":145074,"date":"2024-12-18T17:30:17","date_gmt":"2024-12-18T15:30:17","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=145074"},"modified":"2024-12-18T15:41:31","modified_gmt":"2024-12-18T13:41:31","slug":"wazirx-wrx-price-drops-50-after-binance-announces-delisting","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/wazirx-wrx-price-drops-50-after-binance-announces-delisting\/","title":{"rendered":"WazirX WRX Price Drops 50% After Binance Announces Delisting"},"content":{"rendered":"<p>In addition, the Indian exchange is facing renewed legal challenges as the Delhi High Court has ordered a fresh investigation into the hack that drained $230 million from its platform earlier this year.<\/p>\n<p>The latest court ruling came after the Delhi Police submitted a report that failed to provide sufficient grounds for a criminal investigation into the hack. Justice Sanjeev Narula rejected this report, directing the police to present a new status update by February 2025.<\/p>\n<p>This marks another blow for WazirX, as it faces heightened scrutiny over the breach that was one of the biggest crypto scams of the year. The court&#8217;s decision signals that the exchange&#8217;s management could face further investigation.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/xrp-set-for-explosive-rally-with-etf-approval-and-market-momentum\/\" title=\"XRP Set for Explosive Rally with ETF Approval and Market Momentum\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/04\/xrpcryptocoins-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">XRP Set for Explosive Rally with ETF Approval and Market Momentum<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Meanwhile, WazirX&#8217;s WRX token is reeling from the announcement by Binance that it will delist the token, along with AKRO and BLZ, as part of a routine asset review. This decision led to a dramatic 52.65% drop in the token&#8217;s value, sinking to $0.1132 from a high of $0.2494 earlier in the day.<\/p>\n<p>The delisting will take effect on December 25, 2024, with Binance halting trading for the affected pairs. The news has already resulted in a 19% drop in WRX&#8217;s 24-hour trading volume, exacerbating the exchange&#8217;s challenges.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>WazirX (WRX) has encountered significant setbacks, with the price of its token plummeting over 50% today after Binance announced it would be delisting WRX along with two other cryptocurrencies.<\/p>\n","protected":false},"author":9,"featured_media":31004,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[],"class_list":["post-145074","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>WazirX WRX Price Drops 50% After Binance Announces Delisting<\/title>\n<meta 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