News with the tag "Multisig Wallet"

Delhi Police have made a breakthrough in the $235 million WazirX hack case, arresting a key suspect in West Bengal.

Onchain data reveals that Ethereum co-founder Vitalik Buterin recently shifted 800 ether, valued at just over $2 million, from a well-known address. After the initial transfer, 190 ether was reportedly exchanged for 477,000 USDC. Vitalik Buterin Moves 800 Ether to Multisig Wallet, Sparks Social Medi...

The delay in withdrawals has impacted individual investors and raised concerns about the overall security and reliability of cryptocurrency exchanges.

Indian crypto exchange Wazirx has updated users about the recent cyberattack, confirming the filing of a First Information Report (FIR) to address the hack. Cofounder Nischal Shetty emphasized that a police complaint was made the day after the attack. The FIR, filed nearly 20 days later, is part of ...

Indian crypto exchange Wazirx has announced a $23 million bounty program to recover assets stolen in a cyberattack on its multisig wallet. Emphasizing community involvement, co-founder Nischal Shetty outlined the rewards for tracking, freezing, and ethically recovering the stolen funds. He insists t...

Wazirx co-founder Nischal Shetty has updated the public on the $230 million security breach affecting the Indian crypto exchange. The Wazirx team is preparing a bounty program, engaging with expert teams to trace the stolen funds, and collaborating with other exchanges. “This is an unprecedented att...

The WazirX breach highlights vulnerabilities in multisig wallets despite stringent security measures, with hackers exploiting discrepancies in data.

Securing your cryptocurrency investments is paramount for anyone interested in the digital asset world. Multi-signature (multi-sig) wallets have emerged as a cornerstone of security for individuals and institutions alike. Whether you’re a cryptocurrency novice or a seasoned investor, understanding m...

Once they reach a certain level of sophistication, there’s a clear trend for Web3 asset holders to transition their digital asset wealth to self-custody.

An explanation of what a multisignature, or multisig, wallet is and how they can provide a different level of security.