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Liminal Says Grant Thornton Confirms Its Security Amid Wazirx Breach Concerns

Liminal Says Grant Thornton Confirms Its Security Amid Wazirx Breach ConcernsGrant Thornton’s review of Liminal’s infrastructure revealed no signs of any security breach within its frontend or backend systems, according to Liminal. Following a breach at Wazirx that resulted in the theft of over $230 million, internal and third-party investigations at Liminal identified a data discrepancy, though no security vulnerability was uncovered. The company emphasized […]

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WazirX Hacker Continues To Launder Stolen Ethereum (ETH) Through Crypto Mixer Tornado Cash: PeckShield

WazirX Hacker Continues To Launder Stolen Ethereum (ETH) Through Crypto Mixer Tornado Cash: PeckShield

The hacker who plundered more than $230 million worth of crypto assets from the Indian exchange WazirX in July continues to launder their stolen Ethereum (ETH), according to the blockchain security firm PeckShield. PeckShield notes an address associated with the hacker transferred 5,000 ETH worth approximately $12 million to a new wallet on Thursday. That […]

The post WazirX Hacker Continues To Launder Stolen Ethereum (ETH) Through Crypto Mixer Tornado Cash: PeckShield appeared first on The Daily Hodl.

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Crypto Exchange Hacker Moves $6,500,000 in Ethereum (ETH) to Digital Asset Mixer Tornado Cash: PeckShield

Crypto Exchange Hacker Moves ,500,000 in Ethereum (ETH) to Digital Asset Mixer Tornado Cash: PeckShield

An address connected to the hack of Indian crypto exchange WazirX is suddenly moving millions of dollars in Ethereum (ETH), according to the cybersecurity firm PeckShield. PeckShield says that the hacker transferred the ETH stash to Tornado Cash, a coin-mixing service that facilitates anonymous digital asset transactions. “WazirX Exploiter-labeled address has transferred 2600.1 ETH (worth […]

The post Crypto Exchange Hacker Moves $6,500,000 in Ethereum (ETH) to Digital Asset Mixer Tornado Cash: PeckShield appeared first on The Daily Hodl.

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Wazirx Fast-Tracks INR Withdrawals but Users Face 6-Month Crypto Trading Delay

Wazirx Fast-Tracks INR Withdrawals but Users Face 6-Month Crypto Trading DelayIndian crypto exchange Wazirx has accelerated Phase 2 of INR withdrawals after a cyberattack on July 18. Initially scheduled for Sept. 9, eligible users can now withdraw up to 66% of their INR balances. However, crypto trading on the platform will not resume for another six months. Wazirx Expedites INR Withdrawals Amid Post-Hack Restructuring Efforts […]

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Wazirx Begins INR Withdrawal Phase 1: Users Can Withdraw Up to 33%

Wazirx Begins INR Withdrawal Phase 1: Users Can Withdraw Up to 33%Indian crypto exchange Wazirx has initiated the first phase of INR withdrawals, permitting eligible users to withdraw up to 33% of their INR balances. Co-founder Nischal Shetty noted that the timeline for the second phase remains uncertain due to several internal factors that need to be addressed. Wazirx Launches Phase 1 of INR Withdrawals Indian […]

BRICS Unmoved by Trump’s 100% Tariff Threats, Says Russian Envoy

WazirX slams external forces for delaying restructuring efforts

This restructuring plan is expected to provide greater clarity on the steps WazirX will take to stabilize its operations and protect its users’ interests.

Indian crypto exchange WazirX has criticized external forces that it claims are deliberately hindering its recovery efforts.

The criticism came after the exchange announced a comprehensive restructuring plan designed to restore financial stability and enhance the security of its users’ assets. 

In the public statement on X, WazirX criticized unnamed external parties for allegedly attempting to prolong the restructuring process. The exchange claimed that the entities are motivated by a desire to maintain uncertainty and complicate the resolution WazirX has been striving to achieve since it was hacked. 

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Wazirx Founder Denies Remaining Assets Are Gone, Warns About New Fake Account Trend

Wazirx Founder Denies Remaining Assets Are Gone, Warns About New Fake Account TrendWazirx co-founder Nischal Shetty has addressed concerns about the remaining assets following the cyberattack, stating that misinformation has caused unnecessary fear by suggesting these assets are also gone. He emphasized that such claims are baseless and are made only to attract attention. He also promised to share Wazirx’s Proof of Reserves (PoR) after a new […]

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Wazirx Defends Restructuring Decision — Founder Assures ‘Not Bankruptcy or Liquidation’

Wazirx Defends Restructuring Decision — Founder Assures ‘Not Bankruptcy or Liquidation’Indian crypto exchange Wazirx has defended its restructuring strategy in response to the July 18 cyberattack that led to the theft of over $230 million. The company emphasized that this approach is the quickest and most legally sound way to address these challenges. “This is not bankruptcy or liquidation since that will take several years,” […]

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Wazirx to Resume INR Withdrawals Up to 66% — Crypto Withdrawals Remain Suspended

Wazirx to Resume INR Withdrawals Up to 66% — Crypto Withdrawals Remain SuspendedIndian crypto exchange Wazirx has announced that INR withdrawals will resume in phases starting on Aug. 26, following a cyberattack that disrupted services. To manage crypto balances, Wazirx plans to implement a Singapore Scheme of Arrangement to facilitate the distribution of crypto assets. INR withdrawals will occur in two stages, allowing users to access up […]

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Wazirx Tells Users: Google’s Mandiant Confirms No Breach on Laptops During Cyberattack

Wazirx Tells Users: Google’s Mandiant Confirms No Breach on Laptops During CyberattackIndian crypto exchange Wazirx says cybersecurity firm Mandiant, a Google subsidiary, has confirmed that Wazirx team laptops were not compromised during the $230 million cyberattack. The exchange added that attention is now focused on custodian Liminal’s wallet infrastructure, and the investigation’s findings have been shared with law enforcement and other agencies to assist in recovering […]

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