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Cyberattack
- WazirX, a prominent Indian cryptocurrency exchange, has temporarily halted trading after a cyberattack resulted in the theft of around $230 million worth of assets. The exchange is conducting investigations and security audits to safeguard remaining funds and enable withdrawals for users.
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Why did wazirx stop trading?
Will wazirx reverse all trades made between July 18 & 2024?
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What happened to wazirx?
3 days ago · WazirX is an online exchange that allows users to buy, sell, or trade cryptocurrencies. While the exchange is registered in Mumbai and has a Singapore holding company, founder Shetty resides in Dubai.
Aug 9, 2024 · WazirX will reverse all trades made between July 18 and July 21, 2024, following a major security breach. User portfolios will be restored to their status as of July 18, 2024, at 1 PM IST.
Jul 30, 2024 · WazirX is effectively closed after the exchange stopped trading and withdrawals after the hack on July 18. Shetty said his exchange would learn from past hacks in one of his first interviews...
- amitoj.singh@coindesk.com
- Regulatory Reporter-India
Jul 21, 2024 · WazirX, a prominent Indian cryptocurrency exchange, has temporarily halted trading after a cyberattack resulted in the theft of around $230 million worth of assets. The exchange is conducting investigations and security audits to safeguard remaining funds and enable withdrawals for users.
Aug 8, 2024 · Why are post-hack WazirX trades being reversed? According to the announcement, the decision to restore account balances and undo certain trades on WazirX aims to facilitate an “equitable...
Jul 22, 2024 · Indian crypto exchange WazirX has temporarily paused all trading after hackers stole $230 million in funds on Thursday. The company said the crypto was stolen from one of its multisig wallets, which need two or more private keys to validate and authorise transactions.
Jul 18, 2024 · Indian crypto exchange WazirX faces temporary withdrawal suspension due to a security breach. Multisig wallets compromised, funds moved to new address. Users advised to revoke approvals for safety.
