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Hacker behind $234-million WazirX crypto theft starts washing loot

Sep 04, 2024, at 10:13 pm

Bengaluru/IBNS: The hacker behind India’s worst crypto hack has started laundering some of the $234 million stolen in the incident from the WazirX exchange, acting the same day the platform briefed on efforts to recover funds, reports Bloomberg.

Crypto industry body BWA to create internal groups for cybersecurity, consumer issues after WazirX's $230 mn cyberattack: Report

Jul 31, 2024, at 07:22 pm

New Delhi/IBNS: In the wake of WazirX’s $230-million security breach, India's crypto and web 3 industry body Bharat Web3 Association (BWA) is creating two new internal groups focused on cybersecurity and consumer issues, MoneyControl reported quoting BWA chairman Dilip Chenoy.

Poll on recovery options was 'not legally binding': WazirX clarifies in fresh statement after $230M hack

Jul 30, 2024, at 08:34 pm

New Delhi/IBNS: Indian crypto exchange platform WazirX has been facing heat from the industry as well as customers for its "Withdrawal Management Programme: Opinion Poll" in the aftermath of the $230 million hack, 45 percent of its user funds, it suffered earlier in July, reports CoinDesk.

WazirX unveils fund recovery plan after $230 mn cyberattack

Jul 29, 2024, at 07:30 pm

Mumbai/IBNS: Days after losing $230 million to a cyberattack, Indian crypto exchange platform WazirX is launching a fund recovery plan based on a user poll the cryptocurrency platform will conduct by August 3.

CoinDCX raises $90 million, becomes India's first crypto unicorn

Aug 10, 2021, at 07:38 pm

Bengaluru/UNI: CoinDCX has raised $90 million, Rs 670 crores, in its Series C funding at a valuation of $1.1 billion, with this, it officially became the first Indian crypto exchange to reach unicorn status.