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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
Indian Crypto Regulations: No Fixed Timeline for Virtual Digital Asset Regulations
16.12.2024
The Minister of State for Finance, Pankaj Chaudhary, informed the Lok Sabha that the government has not set…
India’s Web3 dominance fueled by 1K startups, global investments, dev talent
5.12.2024
India is on track to lead Web3 adoption by 2027, driven by startups, developers and government-backed blockchain initiatives
Wazirx Granted 4-Month Moratorium, Will Make Wallet Addresses Public
26.9.2024
Indian crypto exchange Wazirx has secured a four-month moratorium granted by a Singapore court, providing time for the company to address its financial obligations while crafting a resolution plan. Wazirx explained that as part of the court’s conditions, it will “make wallet addresses...
Indian crypto exchange WazirX struggles to recover funds 60 days after hack
19.9.2024
WazirX’s $235 million hack recovery efforts face hurdles as internal findings yield little to no significant breakthroughs.
CoinDCX introduces protection fund to secure Indian crypto users
7.8.2024
CoinDCX's Crypto Investors Protection Fund will enhance user security by allocating 2% of brokerage income annually to safeguard assets
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...
Wazirx Rolls Out Socialized Loss Strategy Across All Users Post $230M Cyberattack
27.7.2024
Indian cryptocurrency exchange Wazirx is implementing a socialized loss strategy to distribute the impact of the recent $230 million cyberattack among all its users. The exchange stated that 55% of users’ crypto assets will be accessible, while the remaining 45% will be converted...
India Maintains Crypto Tax Regulations in 2024/25 Budget
23.7.2024
Indian Finance Minister Nirmala Sitharaman’s 2024-25 Union Budget keeps the existing cryptocurrency tax regulations unchanged, disappointing local crypto advocates. They argue that reducing the 1% tax deducted at source (TDS) is essential for reviving the struggling crypto industry in India....
Wazirx Claims INR Funds Unaffected by Cyberattack, Platform Secure
23.7.2024
Indian crypto exchange Wazirx has provided an update on the recent cyberattack resulting in the theft of over $230 million. Wazirx co-founder Nischal Shetty stated that the exchange is exploring various strategies to restore platform deposits, withdrawals, and trading. He assured users that Indian...
Wazirx: Withdrawals and Trading Paused for All Users, Over 80 Bounty Intents Received Within 24 Hours
22.7.2024
Indian cryptocurrency exchange Wazirx is working to resume withdrawals after a major security breach compromised a multisig wallet, resulting in the theft of over $230 million. The exchange has paused deposits, withdrawals, and trading, and launched a $23 million bounty program to recover...
Wazirx Prepares Bounty Program to Recover $230 Million Stolen in Security Breach
20.7.2024
Wazirx co-founder Nischal Shetty has updated the public on the $230 million security breach affecting the Indian crypto exchange. The Wazirx team is preparing a bounty program, engaging with expert teams to trace the stolen funds, and collaborating with other exchanges. “This is...
Indian Crypto Exchange Wazirx Updates on Major Multisig Wallet Hack
18.7.2024
Indian cryptocurrency exchange Wazirx has provided an update on the over $230 million security breach in its multisig wallet, which involved Liminal’s custody services. The exchange detailed the incident and ongoing recovery efforts, promising transparency and further updates. “We have...