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