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news Wazirx Takes Legal Action After $230 Million Cyberattack; Liminal Insists on Platform SecurityBy Kevin HelmsOn July 19, 2024, Wazirx, a prominent cryptocurrency exchange in India, has filed a police report and is taking legal action after a cyberattack that resulted in the loss of more than $230 million . The exchange is collaborating with global partners and authorities to track and recover stolen funds. Wazirx Actions: Police Report and Legal Actions: Wazirx has reported the incident to the Financial Intelligence Unit (FIU) and CERT-In, and is working with over 500 exchanges to block the attacker's identified addresses.

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Wazirx Takes Legal Action After $230 Million Cyberattack; Liminal Insists on Platform SecurityBy Kevin HelmsOn July 19, 2024, Wazirx, a prominent cryptocurrency exchange in India, has filed a police report and is taking legal action after a cyberattack that resulted in the loss of more than $230 million .
The exchange is collaborating with global partners and authorities to track and recover stolen funds.
Wazirx Actions:
Police Report and Legal Actions: Wazirx has reported the incident to the Financial Intelligence Unit (FIU) and CERT-In, and is working with over 500 exchanges to block the attacker's identified addresses.
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Litecoin surges 7.5% on Canary Capital's spot ETF filingThe price of Litecoin (LTC) has seen a significant increase of 7.5% over the past 24 hours, standing at €64.79, with a local high of $70.50 on October 16, 2024. This rally is mainly due to Canary Capital’s application for a Litecoin Spot ETF. The news has generated a lot of excitement among investors, who see this move as an opportunity for greater institutional participation in Litecoin. The proposed ETF by Canary Capital, according to S-1 documents filed on Oct. 15, seeks to mirror the performance of the CoinDesk Litecoin Price Index (LTX). If approved by U.S. regulators, the ETF would offer investors direct exposure to Litecoin, potentially opening new doors for financial institutions to participate more actively in this market. This is a significant step for the cryptocurrency, which has been one of the biggest laggards compared to others such as Bitcoin and Ethereum.

Litecoin surges 7.5% on Canary Capital's spot ETF filing

The price of Litecoin (LTC) has seen a significant increase of 7.5% over the past 24 hours, standing at €64.79, with a local high of $70.50 on October 16, 2024. This rally is mainly due to Canary Capital’s application for a Litecoin Spot ETF. The news has generated a lot of excitement among investors, who see this move as an opportunity for greater institutional participation in Litecoin.

The proposed ETF by Canary Capital, according to S-1 documents filed on Oct. 15, seeks to mirror the performance of the CoinDesk Litecoin Price Index (LTX). If approved by U.S. regulators, the ETF would offer investors direct exposure to Litecoin, potentially opening new doors for financial institutions to participate more actively in this market. This is a significant step for the cryptocurrency, which has been one of the biggest laggards compared to others such as Bitcoin and Ethereum.
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