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Indian Bitcoin exchange WazirX restores balances after a $234 million hack

Indian Bitcoin exchange WazirX restores balances after a $234 million hack

WazirX exchange experienced a massive hack that bled more than $230 million worth of clients’ funds. After halting withdrawals, the exchange restored the account balances and conducted maintenance act

WazirX Ends Custody Relationship With Liminal, Is Moving Funds to New Multisig Wallets

WazirX Ends Custody Relationship With Liminal, Is Moving Funds to New Multisig Wallets

Indian cryptocurrency exchange WazirX, which suffered a $230 million exploit in July, is ending its relationship with custody provider Liminal.

exbasi.com
WazirX Nears the Completion of ā€˜Restoring’ User Balances Post $230M Hack

WazirX Nears the Completion of ā€˜Restoring’ User Balances Post $230M Hack

WazirX issued an update on its plan to restore balances of trades that occurred between July 18 and 21.

exbasi.com
India’s CoinDCX Initiates $5.9M Investor Protection Fund, Following WazirX Heist

India’s CoinDCX Initiates $5.9M Investor Protection Fund, Following WazirX Heist

CoinDCX will contribute 2% of its brokerage income to the CIPF corpus annually, with periodical reviews and plans to increase the fund size.

Sujha Sundararajan
WazirX Hack: Shocking Revelations Uncover Binance Connection!

WazirX Hack: Shocking Revelations Uncover Binance Connection!

The post WazirX Hack: Shocking Revelations Uncover Binance Connection! appeared first on Coinpedia Fintech News Pseudonymous blockchain forensic analyst Boring Sleuth has claimed that the wallet which

Nidhi Kolhapur
Wazirx Clarifies Recovery Options, Asset Valuation, and USDT Conversion After Cyberattack

Wazirx Clarifies Recovery Options, Asset Valuation, and USDT Conversion After Cyberattack

Indian cryptocurrency exchange Wazirx has answered important questions from its users about the recent cyberattack. The platform explained its socialized loss strategy and the options users have to re

Kevin Helms
Weekly Crypto Insights: Bitcoin, Ripple, & WazirX Steal Spotlight

Weekly Crypto Insights: Bitcoin, Ripple, & WazirX Steal Spotlight

The crypto realm concluded yet another week with attention-nabbing developments unfolding across the broader market. Notably, Bitcoin garnered quite the investor interest, soaring to a $69K high this

Coingape Staff
WazirX to Resume Trading and Withdrawals with 55% of User Funds

WazirX to Resume Trading and Withdrawals with 55% of User Funds

Crypto exchange WazirX employs a controversial ā€œsocialized lossā€ strategy in efforts to resume operations.

exbasi.com
Hacked WazirX rolls out a 55/45 recovery plan strategy

Hacked WazirX rolls out a 55/45 recovery plan strategy

India’s cryptocurrency exchange which recently got hacked for $230 million (45% of user funds), WazirX announced a recovery and distribution plan. The platform is implementing a socialized loss strate

exbasi.com
WazirX Update: Indian Exchange to Lock 45% Assets In Recovery Plan

WazirX Update: Indian Exchange to Lock 45% Assets In Recovery Plan

Indian crypto exchange WazirX which faced a massive hack earlier this month has come up with a user compensation plan by implementing a ā€œfair and transparentā€ socialized loss strategy and thus distrib

Bhushan Akolkar
WazirX finds no evidence of compromised devices after preliminary investigation

WazirX finds no evidence of compromised devices after preliminary investigation

The exchange received emails from Liminal with the correct destination addresses, implying that Liminal’s system was breached, WazirX claimed.

exbasi.com
Wazirx Details Plan to Resume Withdrawals and Trading — Insists Signers’ Machines Show ā€˜No Evidence of Compromise’

Wazirx Details Plan to Resume Withdrawals and Trading — Insists Signers’ Machines Show ā€˜No Evidence of Compromise’

Indian crypto exchange Wazirx has provided an update on its progress to enable users to withdraw funds and resume trading on its platform following a cyberattack that caused a loss of over $230 millio

Kevin Helms