Category: WazirX

  • Hacked WazirX Users Take Legal Action – Class-Action Lawsuit in the Works

    Victims of the WazirX hack last July 2024 are now planning to Class action. According to multiple sources, a group of victims is finalizing plans to sue India’s largest cryptocurrency exchange to recover more than $600,000 in cryptocurrency assets. It is the latest development related to the largest in India…

  • India’s officials probe crypto exchange WazirX over $235m hack: report

    Officials from India’s Financial Intelligence Unit and other agencies are investigating WazirX over a $235 million cryptocurrency hack, as the exchange investigates possible insider involvement. Indian cryptocurrency exchange WazirX is collaborating with government agencies, including the Financial Intelligence Unit, to address the aftermath of the cyberattack that led to the…

  • India’s officials probe crypto exchange WazirX over $235m hack: report

    Officials from India’s Financial Intelligence Unit and other agencies are investigating WazirX over a $235 million cryptocurrency hack, as the exchange investigates possible insider involvement. Indian cryptocurrency exchange WazirX is collaborating with government agencies, including the Financial Intelligence Unit, to address the aftermath of the cyberattack that led to the…

  • WazirX Abandons Plan To Share $230M Loss Among Every User

    Indian cryptocurrency exchange WazirX has found itself at the center of a major controversy after proposing a social loss distribution plan to distribute the massive $230 million in losses it incurred due to the severe WazirX exploit. The exchange’s attempt to distribute the losses, which it dubbed the “55/45 plan,”…

  • WazirX Abandons Plan To Share $230M Loss Among Every User

    Indian cryptocurrency exchange WazirX has found itself at the center of a major controversy after proposing a social loss distribution plan to distribute the massive $230 million in losses it incurred due to the severe WazirX exploit. The exchange’s attempt to distribute the losses, which it dubbed the “55/45 plan,”…

  • WazirX implements ‘socialized loss strategy’ following $235m hack

    Indian cryptocurrency exchange WazirX has unveiled a plan to mitigate the effects of a recent hack that resulted in the loss of nearly $235 million. The hack, which affected 45% of user funds, prompted the exchange to introduce what it called a “social loss strategy” to ensure what it called…

  • WazirX implements ‘socialized loss strategy’ following $235m hack

    Indian cryptocurrency exchange WazirX has unveiled a plan to mitigate the effects of a recent hack that resulted in the loss of nearly $235 million. The hack, which affected 45% of user funds, prompted the exchange to introduce what it called a “social loss strategy” to ensure what it called…

  • Hacked Crypto Exchange WazirX Unveils 55/45 Recovery Plan

    The cryptocurrency landscape has seen its fair share of challenges, and the recent cybersecurity breach at India’s WazirX exchange was a stark reminder of the risks involved in the digital asset ecosystem. In the wake of the attack, which resulted in the theft of $230 million, or 45% of user…

  • Hacked Crypto Exchange WazirX Unveils 55/45 Recovery Plan

    The cryptocurrency landscape has seen its fair share of challenges, and the recent cybersecurity breach at India’s WazirX exchange was a stark reminder of the risks involved in the digital asset ecosystem. In the wake of the attack, which resulted in the theft of $230 million, or 45% of user…

  • WazirX Moves To Recover $150 Million In Shiba Inu, Ethereum And Others With Bounty Program

    after hack attack resulting in the theft of millions of dollars Shiba Inu (SHIB), Ethereum (ETH) WazirX has launched an official bounty program for the recovery of stolen assets. The prominent Indian exchange has promised to reward anyone who helps in recovering stolen assets. WazirX Announces Asset Recovery Bounty Program…

  • WazirX Moves To Recover $150 Million In Shiba Inu, Ethereum And Others With Bounty Program

    after hack attack resulting in the theft of millions of dollars Shiba Inu (SHIB), Ethereum (ETH) WazirX has launched an official bounty program for the recovery of stolen assets. The prominent Indian exchange has promised to reward anyone who helps in recovering stolen assets. WazirX Announces Asset Recovery Bounty Program…

  • Shiba Inu Crypto Reels From Massive WazirX Hack: Trillions Of SHIB Stolen

    Source: cryptonews The cryptocurrency world has been hit by another high-profile security breach, this time targeting a popular Indian cryptocurrency exchange. WazirxIn a shocking turn of events, cybercriminals managed to infiltrate the platform and steal a staggering amount of digital assets, including a significant portion of the popular Shiba Inu…

  • Shiba Inu Crypto Reels From Massive WazirX Hack: Trillions Of SHIB Stolen

    Source: cryptonews The cryptocurrency world has been hit by another high-profile security breach, this time targeting a popular Indian cryptocurrency exchange. WazirxIn a shocking turn of events, cybercriminals managed to infiltrate the platform and steal a staggering amount of digital assets, including a significant portion of the popular Shiba Inu…

  • India’s WazirX Exchange Hacked, Over $230 Million In Crypto Assets Stolen

    In a shocking turn of events, Wazirx Exchange It found itself at the center of a devastating cryptocurrency hack that resulted in the unauthorized transfer of over $230 million in digital assets, raising urgent questions about the safety of WazirX user funds within these digital marketplaces. Understanding WazirX Exchange Hack…

  • India’s WazirX Exchange Hacked, Over $230 Million In Crypto Assets Stolen

    In a shocking turn of events, Wazirx Exchange It found itself at the center of a devastating cryptocurrency hack that resulted in the unauthorized transfer of over $230 million in digital assets, raising urgent questions about the safety of WazirX user funds within these digital marketplaces. Understanding WazirX Exchange Hack…

  • Indian exchange WazirX loses $234m in recent exploit

    WazirX, one of India’s largest cryptocurrency exchanges by trading volume, is the latest victim of a high-profile exploit, losing over $234 million in multiple crypto assets. Cyvers, a leading Web3 security firm, highlighted the hack earlier today, confirming that it involved the Ethereum-based WazirX multi-signature wallet. Notably, on-chain data confirms…

  • Indian exchange WazirX loses $234m in recent exploit

    WazirX, one of India’s largest cryptocurrency exchanges by trading volume, is the latest victim of a high-profile exploit, losing over $234 million in multiple crypto assets. Cyvers, a leading Web3 security firm, highlighted the hack earlier today, confirming that it involved the Ethereum-based WazirX multi-signature wallet. Notably, on-chain data confirms…