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Indian crypto exchange WazirX charts recovery path after $235M cyberattack
10.1.2025
WazirX has implemented a Singapore-backed restructuring plan to recover from its July 2024 $235 million cyberattack
Indian crypto exchange WazirX charts recovery path after $235M cyberattack
10.1.2025
WazirX has implemented a Singapore-backed restructuring plan to recover from its July 2024 $235 million cyberattack
Indian crypto exchange WazirX charts recovery path after $235M cyberattack
10.1.2025
WazirX has implemented a Singapore-backed restructuring plan to recover from the $235 million cyberattack in July 2024
Indian crypto exchange WazirX charts recovery path after $235M cyberattack
10.1.2025
WazirX has implemented a Singapore-backed restructuring plan to recover from the $235 million cyberattack in July 2024
Indian crypto exchange WazirX charts recovery path after $235M cyberattack
10.1.2025
WazirX has implemented a Singapore-backed restructuring plan to recover from the $235 million cyberattack in July 2024
Indian crypto exchange WazirX charts recovery path after $235M cyberattack
10.1.2025
WazirX has implemented a Singapore-backed restructuring plan to recover from the $235 million cyberattack in July 2024
Indian crypto exchange WazirX charts recovery path after $235M cyberattack
10.1.2025
WazirX has implemented a Singapore-backed restructuring plan to recover from the $235 million cyberattack in July 2024
Indian crypto exchange WazirX charts recovery path after $235M cyberattack
10.1.2025
WazirX has implemented a Singapore-backed restructuring plan to recover from the $235 million cyberattack in July 2024
Singapore Court Grants WazirX Four-Month Conditional Moratorium: Source
26.9.2024
A Singapore court has granted Indian cryptocurrency exchange WazirX a four month moratorium based on certain conditions on Thursday, an industry source told CoinDesk
Binance Rejects Wazirx’s Claims — Denies Responsibility for Hack Consequences
18.9.2024
Crypto exchange Binance has responded to accusations from Wazirx and Zettai about how its dispute with Wazirx affects user funds lost in the July cyberattack. The company insists that responsibility for the incident lies with Wazirx’s management under Zanmai and Zettai, not Binance. Rejecting...
Extremely Unlikely WazirX Customers Will Be Made Whole in Crypto Terms: Legal Advisers
2.9.2024
It is extremely unlikely that WazirX customers will be made whole in crypto terms through the restructuring, legal advisers of the Indian cryptocurrency exchange said
WazirX Asks Singapore Court for 6 Months to Restructure Liabilities as CoinSwitch Weighs Legal Action
28.8.2024
Indian rival CoinSwitch said it is likely to sue the hacked crypto exchange, where $9.6 million worth of deposits were held
Wazirx Begins INR Withdrawal Phase 1: Users Can Withdraw Up to 33%
26.8.2024
Indian crypto exchange Wazirx has initiated the first phase of INR withdrawals, permitting eligible users to withdraw up to 33% of their INR balances. Co-founder Nischal Shetty noted that the timeline for the second phase remains uncertain due to several internal factors that need to be addressed....
Wazirx Founder Denies Remaining Assets Are Gone, Warns About New Fake Account Trend
25.8.2024
Wazirx co-founder Nischal Shetty has addressed concerns about the remaining assets following the cyberattack, stating that misinformation has caused unnecessary fear by suggesting these assets are also gone. He emphasized that such claims are baseless and are made only to attract attention. He also...
Wazirx Defends Restructuring Decision — Founder Assures ‘Not Bankruptcy or Liquidation’
24.8.2024
Indian crypto exchange Wazirx has defended its restructuring strategy in response to the July 18 cyberattack that led to the theft of over $230 million. The company emphasized that this approach is the quickest and most legally sound way to address these challenges. “This is not bankruptcy...
Wazirx Tells Users: Google’s Mandiant Confirms No Breach on Laptops During Cyberattack
19.8.2024
Indian crypto exchange Wazirx says cybersecurity firm Mandiant, a Google subsidiary, has confirmed that Wazirx team laptops were not compromised during the $230 million cyberattack. The exchange added that attention is now focused on custodian Liminal’s wallet infrastructure, and...
WazirX Ends Custody Relationship With Liminal, Is Moving Funds to New Multisig Wallets
14.8.2024
Indian cryptocurrency exchange WazirX, which suffered a $230 million exploit in July, is ending its relationship with custody provider Liminal
Wazirx Update: Trade Reversals Near Completion, 344 Bounty Entries Received
13.8.2024
Indian crypto exchange Wazirx says it is close to completing the reversal of trades after the $230 million cyberattack. “We’re working with legal experts to help us formulate an effective method for enabling withdrawals,” the exchange stated. Additionally, Wazirx revealed that...
Wazirx Announces FIR Filing Following Major Cyberattack
6.8.2024
Indian crypto exchange Wazirx has updated users about the recent cyberattack, confirming the filing of a First Information Report (FIR) to address the hack. Cofounder Nischal Shetty emphasized that a police complaint was made the day after the attack. The FIR, filed nearly 20 days later, is part...
Crypto community slams WazirX’s 'socialized losses' plan after hack
3.8.2024
As WazirX navigates this crisis, the firm faces the challenge of rebuilding trust with its user base and the broader crypto community