Odaily Planet Daily reported that Indian crypto trading platform WazirX announced on Wednesday that it had requested six months from the Singapore High Court to restructure its debts. The move will trigger a 30-day automatic moratorium. The hearing date for the court to decide whether to approve the moratorium has not yet been determined. The moratorium will provide WazirX with breathing space to restructure, which is the most effective way to resolve the cryptocurrency balances of users on the platform and facilitate user recovery. 📈💼

Despite market volatility, Bitcoin has shown strong resilience and continues to attract investors. 🔍🚀