Exchanges

Wazirx Details Plan to Resume Withdrawals and Trading — Insists Signers’ Machines Show ‘No Evidence of Compromise’

July 25, 2024 Bitcoin.com

bitcoin.com

Indian crypto exchange Wazirx has provided an update on its progress to enable users to withdraw funds and resume trading on its platform following a cyberattack that caused a loss of over $230 million. “Our preliminary investigation reveals no evidence of compromise on our signers’ machines. We are continuing to explore all possible sources of […]

New Altcoin Season Now in Sight, According to Crypto Strategist – Here’s Why

Wazirx Prepares Poll for User Input on Resuming Withdrawals and Trading

July 24, 2024 Bitcoin.com

bitcoin.com

Indian crypto exchange Wazirx is setting up a poll to let customers decide on reopening the platform for withdrawals, deposits, and trading. “Some options have emerged to help with the recovery which we’re exploring,” said Wazirx co-founder Nischal Shetty. “We’re actively contacting projects linked to the stolen tokens to seek their support in the recovery […]

New Altcoin Season Now in Sight, According to Crypto Strategist – Here’s Why

Wazirx Claims INR Funds Unaffected by Cyberattack, Platform Secure

July 23, 2024 Bitcoin.com

bitcoin.com

Indian crypto exchange Wazirx has provided an update on the recent cyberattack resulting in the theft of over $230 million. Wazirx co-founder Nischal Shetty stated that the exchange is exploring various strategies to restore platform deposits, withdrawals, and trading. He assured users that Indian rupee (INR) funds are secure and that efforts to recover the […]

New Altcoin Season Now in Sight, According to Crypto Strategist – Here’s Why

Wazirx: Withdrawals and Trading Paused for All Users, Over 80 Bounty Intents Received Within 24 Hours

July 22, 2024 Bitcoin.com

bitcoin.com

Indian cryptocurrency exchange Wazirx is working to resume withdrawals after a major security breach compromised a multisig wallet, resulting in the theft of over $230 million. The exchange has paused deposits, withdrawals, and trading, and launched a $23 million bounty program to recover the stolen assets. Within 24 hours, Wazirx received over 80 intents for […]

New Altcoin Season Now in Sight, According to Crypto Strategist – Here’s Why

Wazirx Offers $23M Bounty to Recover Stolen Assets After Massive Security Breach

July 21, 2024 Bitcoin.com

Wazirx Offers M Bounty to Recover Stolen Assets After Massive Security Breach

bitcoin.com

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 that the attack was not due to phishing but involved multiple hardware wallets […]

New Altcoin Season Now in Sight, According to Crypto Strategist – Here’s Why

Bitforex to Reopen Withdrawals Months After Team Members’ Detention Rendered Platform Inaccessible

July 20, 2024 Bitcoin.com

bitcoin.com

Digital asset platform Bitforex has announced that users will soon be able to withdraw their assets. However, all trading functions will remain suspended during this period. Additionally, the platform will cease all types of services and products and undergo a “comprehensive rectification.” Withdrawals to Be Directed to Designated Wallets Months after abruptly suspending withdrawals, digital […]

New Altcoin Season Now in Sight, According to Crypto Strategist – Here’s Why

Wazirx Prepares Bounty Program to Recover $230 Million Stolen in Security Breach

July 20, 2024 Bitcoin.com

Wazirx Prepares Bounty Program to Recover 0 Million Stolen in Security Breach

bitcoin.com

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 attack on one of the largest crypto exchanges in India. […]

New Altcoin Season Now in Sight, According to Crypto Strategist – Here’s Why

Study: Europe Leads in Global Crypto Transaction Volume; Binance Remains Most Used Exchange

July 20, 2024 Bitcoin.com

Binance

Europe stands out as the global leader, accounting for 37.32% of the total transactional value, according to a comprehensive analysis by Coinwire. Asia’s trading volumes primarily result from factors like high mobile penetration, a robust tech infrastructure, and growing institutional interest. Binance, with a trading volume of $2.77 trillion, holds the title of the “most […]

New Altcoin Season Now in Sight, According to Crypto Strategist – Here’s Why

Wazirx Takes Legal Action After $230 Million Cyberattack — Liminal Insists Platform Secure

July 19, 2024 Bitcoin.com

bitcoin.com

Indian crypto exchange Wazirx has filed a police complaint and is pursuing legal action after a cyberattack led to a loss of over $230 million. The exchange is collaborating with global partners and authorities to trace and recover the stolen funds. Meanwhile, Liminal Custody has insisted that its platform remains secure and that all malicious […]

New Altcoin Season Now in Sight, According to Crypto Strategist – Here’s Why

Indian Crypto Exchange Wazirx Updates on Major Multisig Wallet Hack

July 18, 2024 Bitcoin.com

bitcoin.com

Indian cryptocurrency exchange Wazirx has provided an update on the over $230 million security breach in its multisig wallet, which involved Liminal’s custody services. The exchange detailed the incident and ongoing recovery efforts, promising transparency and further updates. “We have already blocked a few deposits and reached out to concerned wallets for recovery,” the crypto […]

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