News with the tag "WazirX hack"

In an unprecedented development, the fallen Indian cryptocurrency exchange WazirX has recently secured vital approval from a Singapore Court, sparking discussions among its users globally. Notably, the Indian crypto exchange has been allowed to roll out a recovery scheme for the platform’s users, re...

In the latest development in the $235M WazirX hack, the exchange has frozen around $3 million in stolen cryptocurrencies. In an official statement, the platform revealed the recovery updates, freezing the initial portion of stolen assets. WazirX’s recent move highlights the exchange’s progress in re...

CoinSwitch expects it will take two years to distribute $70 million in recovery funds to WazirX users who lost money due to an alleged cyberattack last year.

This year, crypto hacks increased in the total value stolen and the number of attacks compared to last year. According to a recent report, the industry lost over $2 billion in the past 12 months, with over half of the funds allegedly being stolen by North Korean hackers. Crypto Industry Loses $2.2 B...

In a significant development, the High Court in Delhi has directed a re-investigation into the hacking of Indian cryptocurrency exchange WazirX , rejecting the initial findings of local police that no criminal case could be substantiated. The court has instructed law enforcement to submit an updated...

WazirX (WRX) price has recorded a crash of over 50% today after the leading crypto exchange, Binance, revealed its delisting plans for the token. Besides, the Indian crypto exchange has also faced another major setback today, as the Delhi High Court has reportedly ordered a fresh probe of the exchan...

In the latest development of the WazirX crypto heist saga, the Delhi Police detained a man for his alleged connection to the July hack, according to local reports. The $235 million theft left millions of investors empty-handed before the second leg of the bull run and dissatisfied with the hacked ex...

Delhi Police has arrested a West Bengal resident in connection with the $230 million WazirX hack. The suspect allegedly created a fake account and sold it on Telegram to a buyer, who reportedly used it to exploit the exchange security. Moreover, the probe revealed issues due to non-cooperation from ...

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

WazirX, a cryptocurrency exchange that was recently hacked for over $230 million, plans to issue a Recovery Token to settle outstanding debts with creditors. The official announcement said that the token will be airdropped in proportion to creditors on their platform balance, which will offer a tang...