Two months after it lost $230 million (roughhly Rs. 1,900 crore) to hackers, WazirX is still looking for ways to include its community members in the ongoing restructuring process. The beleaguered crypto exchange has announced that it is in the process of forming a ‘Committee of Creditors’ (COC). Zettai, the…
Indian crypto exchange WazirX, that was hacked for over $230 million (roughly Rs. 1,928 crore) on July 18, is moving ahead with resuming some services on its platform after more than a month of suspension. In a statement released over the weekend, the exchange said it was resuming INR withdrawals…
WazirX has been trying to resume services on its platform as it continues to investigate the recent hack of one of its wallets under Liminal Custody’s oversight leading to a loss of $230 million (roughly Rs. 1,900 crore). Over the weekend, the exchange published details on a ‘socialised loss strategy’…
The recent hack of a WazirX wallet under Liminal Custody’s oversight has resulted in a loss of over $230 million, significantly impacting India’s crypto activities. In a statement to Gadgets360, Liminal denied WazirX’s allegations that the breach was due to a failure in Liminal’s screening system. Over the weekend, Liminal…
Indian crypto exchange WazirX, for the past week, has been invested in probing a hack that drained one of its multi-signature wallets off over $230 million (roughly Rs. 1,924 crore). In its latest update to the community, WazirX has claimed that its own signers’ machines were not compromised in this…
WazirX was recently breached, and the ensuing loss of funds from a wallet held by the crypto exchange has had a heavy impact on the crypto sector in India. The beleaguered crypto exchange says that it has attempted to identify and recover the stolen funds worth over $230 million (roughly…
Indian crypto exchange WazirX informed its users about a security breach on Thursday, that reportedly led to suspicious movement of funds worth $234.9 million (roughly Rs. 1,965 crore) into a Tornado Cash-linked wallet. Many crypto investors in India have expressed apprehension about the potential loss of user funds. WazirX’s rivals…
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