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  1. m.timesofindia.com › business › india-businessExplained: What is the WazirX controversy and what does it mean...

    Aug 12, 2022 · ED further alleged that the lax KYC norms, loose regulatory control of transactions between WazirX & Binance, non-recording of transactions on Blockchains to save costs and non recording of the ...

  2. economictimes.indiatimes.com › markets › cryptocurrencyWazirX's controversial solution to security hack: $230 million...

    Jul 29, 2024 · WazirX, an Indian crypto exchange, suffered a cyberattack that resulted in a loss of over $230 million. It proposed to distribute the loss among all customers, but faced backlash from some users who demanded a refund.

  3. www.coindesk.com › policy › 2024/07/29WazirX Issues Clarification on Its 'Withdrawal Management ... - ...

    Jul 29, 2024 · WazirX, an Indian crypto exchange, asked customers to vote on two options to access their funds after a $230 million hack. The poll faced criticism from rivals and users, while WazirX said it...

  4. www.firstpost.com › explainers › wazirx-security-breach-how-did-hackers-steal-230WazirX security breach: How did hackers steal $230 million ... -...

    Jul 22, 2024 · WazirX, one of India's biggest crypto exchanges, suffered a security breach on 18 July 2024, when hackers exploited a multisig wallet and transferred funds to a new address. The company offered a $23 million bounty for the recovery of the stolen assets, which were sold on Uniswap and Tornado Cash.

  5. cointelegraph.com › magazine › wazirx-exchange-hackers-fake-tether-scams-asia-expressWazirX hackers prepped 8 days before attack, swindlers fake fiat...

    Jul 18, 2024 · WazirX, one of India’s largest cryptocurrency exchanges, lost hundreds of millions to a multisig wallet hack on Thursday, July 18, which is being blamed on North Korean hacking organization...

  6. www.mondaq.com › india › fin-techIndia's Largest Crypto Heist: Unpacking The $240M WazirX ... -...

    Jul 18, 2024 · In a seismic event that has rattled the foundations of India's cryptocurrency landscape, WazirX, the nation's largest cryptocurrency exchange, suffered a devastating cyberattack that resulted in the theft of over $240 million in investor funds.

  7. www.digit.in › features › appsWazirX hack: Confusing aftermath of the biggest cyberattack on...

    Aug 4, 2024 · WazirX suffered a $230 million cyberattack in July 2024, targeting its multi-signature wallet. The exchange proposed a controversial socialised loss strategy, but users rejected it and demanded...

  8. www.businesstoday.in › technology › newsWazirX hacked: Crypto exchange explains controversial...

    Jul 29, 2024 · Indian cryptocurrency exchange WazirX plans to distribute the $230 million loss from a recent security breach among its customers. The decision was inspired by how Mt. Gox and Bitfinex handled ...

  9. www.siliconrepublic.com › business › wazirx-crypto-exchange-india-breach-cyberIndia’s WazirX to ‘socialise’ $230m breach impact among customers

    Jul 29, 2024 · Indian crypto company WazirX has announced plans to “distribute” the impact of a cyberattack that saw $230m stolen from customer funds.

  10. www.hindustantimes.com › business › wazirx-founders-meet-with-government-agenciesWazirX founders meet with government agencies as probe into $235...

    WazirX has investigated the possibility of an inside job behind the hack that left it without 45% of its entire holding assets, but with nothing detected so far