The WazirX (WRX) token experienced a significant drop in value following Binance's decision to delist it, along with two other tokens. Binance, the world's largest cryptocurrency exchange, revealed the removal of WRX, AKRO, and BLZ tokens from its platform, causing WRX's price to plummet by over 60%. By December 25, Binance will eliminate trading pairs involving these tokens. In addition to the delisting impact, WazirX has been struggling due to negative sentiment stemming from a $230 million hack earlier in the year. A petition has been filed for a new criminal investigation into the hack, leading to a court order for a fresh probe by February 13, 2025. Despite efforts to resume operations, WazirX faces scrutiny over its handling of the security breach. The WRX token's price has dropped significantly, currently trading at less than 2% of its all-time high. Read more AI-generated news on: https://app.chaingpt.org/news