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Binance Rejects Wazirx’s Claims — Denies Responsibility for Hack Consequences

Binance Rejects Wazirx’s Claims — Denies Responsibility for Hack Consequences

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 claims…

Kevin Helms
Binance Issues Statement, Denies Involvement in $230,000,000 Hack of Crypto Exchange WazirX

Binance Issues Statement, Denies Involvement in $230,000,000 Hack of Crypto Exchange WazirX

The world’s leading cryptocurrency exchange by trading volume is distancing itself from a cyberattack that recently compromised the WazirX trading platform. In a statement released today, Binance said that it has never owned, controlled, or operated WazirX and that it was not involved in the comprom…

Daily Hodl Staff
Binance clarifies it never owned WazirX, demands accountability

Binance clarifies it never owned WazirX, demands accountability

Binance has distanced itself from the ongoing struggles of the Indian crypto exchange WazirX in a Sept. 17 statement. According to Binance, WazirX co-founder Nischal Shetty made several misleading statements that suggested the exchange might be responsible for the losses suffered by Indian crypto tr…

Oluwapelumi Adejumo
Binance Clarifies Stance Amid WazirX-Liminal Custody Blame Game

Binance Clarifies Stance Amid WazirX-Liminal Custody Blame Game

In an unprecedented turn of events, crypto exchange colossus Binance on Tuesday denied any links to WazirX or Zanmai and Zettai in the wake of users’ stolen funds on the Indian exchange. Notably, the globally leading CEX called on the Indian exchange to hold responsibility for exploited funds, stati…

Coingape Staff
Binance Rejects WazirX Blame Game: Demands Accountability for Lost Funds

Binance Rejects WazirX Blame Game: Demands Accountability for Lost Funds

Binance says it has no connection to WazirX, and its dispute has nothing to do with user funds. The exchange called out WazirX for deflecting ...

Prashant Jha
WazirX Update: Court Hearing Set, Survey on Moratorium, and Townhall Announcement

WazirX Update: Court Hearing Set, Survey on Moratorium, and Townhall Announcement

The post WazirX Update: Court Hearing Set, Survey on Moratorium, and Townhall Announcement appeared first on Coinpedia Fintech News Crypto exchange WazirX, one of the most famous among Indian crypto exchanges, has reported crucial data on the current restructuring process via an email to its users. …

Sohrab Khawas
Liminal Says Grant Thornton Confirms Its Security Amid Wazirx Breach Concerns

Liminal Says Grant Thornton Confirms Its Security Amid Wazirx Breach Concerns

Grant Thornton’s review of Liminal’s infrastructure revealed no signs of any security breach within its frontend or backend systems, according to Liminal. Following a breach at Wazirx that resulted in the theft of over $230 million, internal and third-party investigations at Liminal identified a dat…

Kevin Helms
WazirX begins second phase of fiat withdrawals early, hackers begins moving funds

WazirX begins second phase of fiat withdrawals early, hackers begins moving funds

WazirX has begun the second phase of its fiat currency withdrawal process ahead of schedule on Sept. 3. The process was originally slated to begin on Sept. 9 and comes as the exchange faces the aftermath of a major security breach that resulted in the theft of over $230 million in user assets. CEO N…

Assad Jafri
WazirX hacker sends $6.5M ETH to Tornado Cash amid ongoing INR withdrawals

WazirX hacker sends $6.5M ETH to Tornado Cash amid ongoing INR withdrawals

WazirX hacker sends $6.5M ETH to Tornado Cash as the second phase of INR withdrawals starts The hack on July 18 led to a $230M theft, causing halted trading and frozen withdrawals. WazirX is battling legal issues and ongoing investigations. In a recent turn of events, the entity behind the WazirX ha…

Wazirx Defends Restructuring Decision — Founder Assures ‘Not Bankruptcy or Liquidation’

Wazirx Defends Restructuring Decision — Founder Assures ‘Not Bankruptcy or Liquidation’

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 or liquid…

Kevin Helms
WazirX to resume phased fiat withdrawals after $235M hack

WazirX to resume phased fiat withdrawals after $235M hack

India-based crypto exchange WazirX announced that it will begin a phased resumption of fiat currency withdrawals on Aug. 26, following a month-long suspension due to a cyberattack, according to an Aug. 23 press release. The July 18 hack resulted in the theft of a significant amount of ERC-20 tokens,…

Assad Jafri
WazirX announces INR withdrawals, provides update for crypto holders

WazirX announces INR withdrawals, provides update for crypto holders

Indian cryptocurrency exchange WazirX has announced that customers will be able to withdraw their Indian Rupee balances starting from August 26. The WazirX team noted in its announcement on Aug. 23 that customers would not yet be able to access…

Benson Toti