Crypto exchange WazirX offers $23 mn bounty to help recover stolen assets
5 months ago

Crypto exchange WazirX offers $23 mn bounty to help recover stolen assets

New Indian Express  

BENGALURU: Crypto exchange WazirX on Sunday announced the launch of a comprehensive bounty program to recover the stolen funds. WazirX also invited white hat hackers, blockchain forensics experts, and cybersecurity professionals from around the world to join this mission. We remain committed to transparency and collaboration, reinforcing our dedication to a secure and resilient digital finance ecosystem,” said Nischal Shetty, Founder, WazirX. Earlier on X he said that the WazirX hack was not due to a phishing link and that three signatures of the exchange from three different devices that each use different hardware wallets were used.

Crypto Stolen Wazirx Bounty Program  crypto  assets  exchange  stolen  bounty  program  hackers  intelligence  recover  help  funds  wazirx  invited  offers  participants  mn

History of this topic

The $230-million WazirX hack: regulatory gap leaves 4 million Indians stranded
3 months, 3 weeks ago

The $230-million WazirX hack: regulatory gap leaves 4 million Indians stranded

Live Mint  

About 4.2 million of WazirX’s 16 million users were struck by a massive hack of the cryptocurrency exchange on 18 July that wiped off 40-50% of their crypto balances. “I had invested approximately ₹1.4 lakh in WazirX around 3-4 years ago, which grew to ₹2 lakh over time… I think about half my money will come back—whether in 1 year …

WazirX registers FIR for $234 million hacking case in New Delhi
4 months, 2 weeks ago

WazirX registers FIR for $234 million hacking case in New Delhi

Live Mint  

Indian Crypto exchange WazirX filed a first information report based on the previous police complaint connected to the cybersecurity attack, which cost the company $230 million in the form of crypto assets. The FIR was filed at PS Special Cell, PS Lodhi Colony in New Delhi, according to WazirX's post on the social media platform X on Tuesday, August 6. …

WazirX crypto exchange hack and its bounty programme: what it means to India’s crypto investors?
4 months, 3 weeks ago

WazirX crypto exchange hack and its bounty programme: what it means to India’s crypto investors?

The Hindu  

On July 18, Indian cryptocurrency exchange WazirX was hit by a cyberattack that led to a loss of digital assets worth more than $230 million from one of its wallets. “The impact of the over $230M cyberattack is on the digital assets of our customers,” said WazirX in a blog post, adding that INR funds were not affected. But Liminal, …

WazirX crypto exchange halts deposits and withdrawals after $230 million hack; reported incident to Indian regulators
5 months ago

WazirX crypto exchange halts deposits and withdrawals after $230 million hack; reported incident to Indian regulators

The Hindu  

Indian cryptocurrency exchange WazirX said that it had reached out to the Indian police, the Financial Intelligence Unit India, CERT-In, and over 500 other exchanges in order to respond to a hack of its wallet that led to the theft of more than $230 million. “On July 18, 2024, WazirX experienced a cyber attack on one of our multisig wallets, …

WazirX hacked; halts withdrawals as over $230 million stolen
5 months ago

WazirX hacked; halts withdrawals as over $230 million stolen

The Hindu  

Indian cryptocurrency exchange WazirX claimed that it was “taking all necessary steps to protect the customer assets,” after a cyber-attack against one of its wallets resulted in the loss of more than $230 million. “Despite us taking all necessary steps to protect the customer assets, the cyber attackers appear to have possibly breached such security features, and the theft occurred,” …

Discover Related