WazirX – News Express

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WazirX hacked: CEO makes this clarification on FIR filed – Times of India

adminAugust 7, 202405 mins

Crypto exchange WazirX said that an FIR has been filed in the $230 million cyber attack case. The company faced a major security breach last month that nearly halved its reserves. “Based on a complaint filed by us in connection with the Cyber attack on our multisig wallet, the police has taken cognizance of the…

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Why WazirX’s ’55-45 plan’ has its users up in arms – Times of India

adminJuly 29, 202404 mins

Domestic crypto exchange WazirX has sparked outrage among users after announcing a plan to distribute the $230 million loss from a recent cyberattack among its customers. The Mumbai-based platform suspended trading last week following the heist and aims to resume operations within a week while implementing a “socialised loss strategy.” WazirX’s proposal to distribute the…