A responsible recovery in the aftermath of an alarming cyberattackAmendments include fund distribution by Zanmai India. The Monetary Authority of Singapore addressed compliance. Voting is scheduled from Ju...
31 Jul, 2025, 05.17 PM IST
CoinDCX declares $11 million bounty to recover crypto funds hackers stoleThe Recovery Bounty Programme will have a potential pool of up to $11 million. Per this initiative, up to 25% of any recovered funds from t...
21 Jul, 2025, 06.29 PM IST
What should WazirX do to unlock trust?The WazirX cyberattack, which led to a $235 million loss, represents a critical "Crucible Moment" for the company. To regain trust, WazirX ...
20 Mar, 2025, 06.00 PM IST
Building trust in the crypto industry should be a shared responsibilityIndia's IT sector grew due to government policies focused on skill development and investment, and similar regulatory support is needed for...
07 Mar, 2025, 07.15 PM IST
WazirX’s Proposed Scheme of Arrangement: A Path to Recovery and Future Stability for UsersWazirX proposes a Scheme of Arrangement to recover $234 million lost in a cyberattack by North Korean hackers, aiming to redistribute asset...
07 Mar, 2025, 07.12 PM IST
WazirX $230-million heist: Singapore court allows WazirX parent to hold meet with crypto usersThe firm had moved the court through an application on December 6, 2024, seeking permission to convene a meeting with creditors (users) to ...
24 Jan, 2025, 09.27 AM IST
WazirX freezes first tranche of stolen funds worth USD 3 millionWazirX successfully froze $3 million in stolen assets from last year's cyberattack. Efforts spearheaded by founder Nischal Shetty aim to re...
17 Jan, 2025, 10.19 PM IST
WazirX cyberattack: Delhi High Court seeks response from government and RBIThe Delhi High Court seeks responses from the government, RBI, and others on a petition for an investigation into a cyberattack on WazirX, ...
15 Jan, 2025, 11.59 PM IST
Zettai seeks court approval for WazirX creditors meeting and scheme of arrangement“The proposed scheme of arrangement, filed in the court under the Companies Act 1967, prioritises creditors by outlining a structured roadm...
10 Dec, 2024, 12.50 PM IST
Crypto chaos: WazirX hack leaves investors in financial turmoilA July 18 hack on cryptocurrency exchange WazirX wiped out $235 million, affecting 15 million investors. Victims face financial ruin, anxie...
06 Dec, 2024, 10.05 AM IST
Hacker behind $234 million India crypto theft starts washing fundsThe perpetrator on Monday moved 2,500 Ether tokens worth about $6.3 million to Tornado Cash — a sanctioned service that blurs the origin of...
03 Sep, 2024, 03.47 PM IST
WazirX parent looking for ‘white knights’ to rescue crypto exchange“There are several ideas from ‘white knights’ to collaborate … there are creative ways to do this rather than acquiring the platform (by a ...
03 Sep, 2024, 06.00 AM IST
WazirX says FIR filed in $230 million security breachCrypto exchange WazirX on Tuesday said an FIR has been filed in the case of a $230 million security breach that happened at the platform la...
06 Aug, 2024, 08.34 PM IST
WazirX Hack: Making customers pay 45% losses is utter nonsense, says Co-Founder of CoinDCXWazirX has decided to implement a "socialized loss" strategy following a major cyberattack that compromised nearly half of its user funds. ...
30 Jul, 2024, 01.37 PM IST
WazirX faces flak over handling of $230-million crypto heistCryptocurrency platform WazirX suffered the biggest cyberattack on an Indian exchange, with hackers stealing more than $230 million worth o...
29 Jul, 2024, 06.12 PM IST
WazirX's controversial solution to security hack: $230 million loss to be distributed among all customersIndia's WazirX crypto exchange faced a significant security breach, leading to a $230 million loss. To address this, WazirX will use a 'soc...
29 Jul, 2024, 12.44 PM IST
FBI pings WazirX for info on attack by ‘North Korean hackers’Cryptocurrency platform WazirX suffered the biggest cyberattack on an Indian exchange, with hackers stealing more than $230 million worth o...
29 Jul, 2024, 06.01 AM IST