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šŸ‘Øā€šŸ’»WAZIRX CYBER ATTACK UPDATEšŸ—žļø:- šŸ’”A Joint Statement Highlights North Koreaā€™s Involvement In $659M Crypto Thefts. āœļøThe United States, Japan, and South Korea have released aĀ joint statementĀ addressing ongoing cyber threats posed by the Democratic Peopleā€™s Republic of Korea (DPRK). These activities, executed by groups like the Lazarus Group, have severely impacted the crypto sector. āœļøThese three nations haveĀ issuedĀ a unified public warning for the first time, underscoring the severity of the threat posed by state-sponsored hacking groups. šŸ€Key Points: šŸ’”Significant Incidents Identified:Ā DPRK-linked actors have been tied to multiple thefts in 2024, including $235 million from WazirX. Other targets include DMM Bitcoin ($308M) and Upbit ($50M). šŸ’”Collaborative Recovery Efforts:Ā The three nations are working toĀ recover stolen funds, aiming to deny DPRK illicit revenue that supports its weapons programs. šŸ’”Strengthened Public-Private Collaboration:Ā Mechanisms like the Illicit Virtual Asset Notification (IVAN) system and Crypto-ISAC are facilitating real-time information sharing and response coordination. šŸ’”TheĀ joint statementĀ emphasizes the importance of cooperation among nations and between the public and private sectors to disrupt these malicious cyber operations and protect the global financial ecosystem. šŸ’”The collaboration among these nations represents a resolute step in combating DPRKā€™s cyber activities and enhancing financial system security. #wazirx #Binance
šŸ‘Øā€šŸ’»WAZIRX CYBER ATTACK UPDATEšŸ—žļø:-

šŸ’”A Joint Statement Highlights North Koreaā€™s Involvement In $659M Crypto Thefts.

āœļøThe United States, Japan, and South Korea have released aĀ joint statementĀ addressing ongoing cyber threats posed by the Democratic Peopleā€™s Republic of Korea (DPRK). These activities, executed by groups like the Lazarus Group, have severely impacted the crypto sector.

āœļøThese three nations haveĀ issuedĀ a unified public warning for the first time, underscoring the severity of the threat posed by state-sponsored hacking groups.

šŸ€Key Points:

šŸ’”Significant Incidents Identified:Ā DPRK-linked actors have been tied to multiple thefts in 2024, including $235 million from WazirX. Other targets include DMM Bitcoin ($308M) and Upbit ($50M).

šŸ’”Collaborative Recovery Efforts:Ā The three nations are working toĀ recover stolen funds, aiming to deny DPRK illicit revenue that supports its weapons programs.

šŸ’”Strengthened Public-Private Collaboration:Ā Mechanisms like the Illicit Virtual Asset Notification (IVAN) system and Crypto-ISAC are facilitating real-time information sharing and response coordination.

šŸ’”TheĀ joint statementĀ emphasizes the importance of cooperation among nations and between the public and private sectors to disrupt these malicious cyber operations and protect the global financial ecosystem.

šŸ’”The collaboration among these nations represents a resolute step in combating DPRKā€™s cyber activities and enhancing financial system security.

#wazirx #Binance
U.S., Japan, and South Korea Unite to Recover WazirXā€™s Stolen Crypto Assets The global crypto community has received a boost of confidence as the United States, Japan, and South Korea announced a collaborative initiative to recover funds stolen from WazirX, a prominent Indian crypto exchange. This joint operation represents a significant step in combating cybercrime in the cryptocurrency sector. Background on WazirX and the Hack WazirX, once a subsidiary of Binance, faced challenges following a dispute that led Binance to sever ties. This ongoing legal conflict is currently being addressed in Singaporeā€™s courts. In July 2024, WazirX suffered a significant hacking incident, resulting in the loss of 45% of customer funds. Since then, its operations have been suspended. The exchangeā€™s leadership is actively seeking regulatory approvals and customer support to relaunch its services with full compliance. International Collaboration to Combat Crypto Theft In a joint statement, the U.S., Japan, and South Korea highlighted their commitment to addressing cryptocurrency thefts orchestrated by North Korean-linked hackers, including the notorious Lazarus Group. These cybercriminals have been linked to large-scale crypto thefts, with stolen funds reportedly being funneled into weapons programs. In 2024 alone, such attacks accounted for over $600 million in losses. The coalition emphasized the importance of public-private partnerships to strengthen cybersecurity and recover stolen assets. Their coordinated efforts aim to not only retrieve the lost funds but also establish robust defenses against future threats. A Hopeful Outlook Nischal Shetty, a key figure in WazirX, expressed optimism about the support from international authorities. This collaboration signals a positive direction for the cryptocurrency industry, highlighting a unified approach to ensuring security and fostering trust. #CryptoSecurity #WazirX #InternationalCollaboration #LazarusGroup #CyberDefense
U.S., Japan, and South Korea Unite to Recover WazirXā€™s Stolen
Crypto Assets

The global crypto community has received a boost of confidence as the United States, Japan, and South Korea announced a collaborative initiative to recover funds stolen from WazirX, a
prominent Indian crypto exchange. This joint operation
represents a significant step in combating cybercrime in the
cryptocurrency sector.

Background on WazirX and the Hack
WazirX, once a subsidiary of Binance, faced challenges
following a dispute that led Binance to sever ties. This ongoing
legal conflict is currently being addressed in Singaporeā€™s courts. In July 2024, WazirX suffered a significant hacking incident,
resulting in the loss of 45% of customer funds. Since then, its
operations have been suspended. The exchangeā€™s leadership is actively seeking regulatory approvals and customer support to
relaunch its services with full compliance.

International Collaboration to Combat Crypto Theft
In a joint statement, the U.S., Japan, and South Korea
highlighted their commitment to addressing cryptocurrency
thefts orchestrated by North Korean-linked hackers, including
the notorious Lazarus Group. These cybercriminals have been
linked to large-scale crypto thefts, with stolen funds reportedly being funneled into weapons programs. In 2024 alone, such
attacks accounted for over $600 million in losses.

The coalition emphasized the importance of public-private
partnerships to strengthen cybersecurity and recover stolen
assets. Their coordinated efforts aim to not only retrieve the
lost funds but also establish robust defenses against future
threats.

A Hopeful Outlook
Nischal Shetty, a key figure in WazirX, expressed optimism
about the support from international authorities. This
collaboration signals a positive direction for the cryptocurrency industry, highlighting a unified approach to ensuring security and fostering trust.

#CryptoSecurity #WazirX #InternationalCollaboration
#LazarusGroup #CyberDefense
šŸšØ#WazirX Under Fire: The platform has taken out additional 170 crore ($20 million) out of user funds. $14 million set aside for @CoinSwitch because of ongoing legal case. No clarity about extra $6 Million.šŸ˜² The Indian exchange withdrew 250 crore from user funds for expenses and restructuring, yet basic tasks remain incomplete, like updating the Scheme Timeline Calculator. The last update was two months ago, and 5th Town Hall took place on 19th Dec. Whatā€™s going on? #WazirX #CryptoNews #UserTrust
šŸšØ#WazirX Under Fire: The platform has taken out additional 170 crore ($20 million) out of user funds. $14 million set aside for @CoinSwitch because of ongoing legal case.

No clarity about extra $6 Million.šŸ˜²

The Indian exchange withdrew 250 crore from user funds for expenses and restructuring, yet basic tasks remain incomplete, like updating the Scheme Timeline Calculator.

The last update was two months ago, and 5th Town Hall took place on 19th Dec.

Whatā€™s going on?

#WazirX #CryptoNews #UserTrust
WazirX Announces Recovery Plan After $235M CyberattackIn July 2024, Indian cryptocurrency exchange WazirX faced a $235 million cyberattack, but itā€™s bouncing back with a plan to compensate affected users. Targeted by North Koreaā€™s Lazarus Group, #WazirX is now working under the guidance of Singaporeā€™s legal system. Zettai, WazirXā€™s parent company, filed for a moratorium in August 2024 at the Singapore High Court, proposing a restructuring plan through the Singapore Scheme of Arrangement. This court-approved process helps companies restructure their debts and avoid liquidation. Recovery Tokens and Liquid Assets In an affidavit shared with Cointelegraph, WazirX revealed it holds liquid assets worth $566.4 million USDT, surpassing the $546.5 million USDT in claims from July 2024. The company has introduced recovery tokens, which let creditors benefit from future platform profits and recovered assets. Restoring User Trust WazirX founder Nischal Shetty emphasized restoring user trust as the main goal. He stated, "Our quick filing for a moratorium and court application for a Scheme process was a crucial step for users to receive distributions ASAP. My number one goal is to add more value than what was stolen." Funds will be returned through token distributions, which could cover 75% to 80% of usersā€™ account balances at the time of the cyberattack. Initial distributions will be made within 10 business days after the scheme's approval. Future Plans Remaining claims will be represented by recovery tokens, periodically repurchased with platform profits and from a proposed decentralized exchange (DEX). WazirX plans to launch the DEX to generate additional profits and settle outstanding claims. CoinSwitch Cares WazirX competitor CoinSwitch announced a recovery fund to support WazirX hack victims, called "CoinSwitch Cares," totaling 600 crore Indian rupees ($69.9 million). They are also pursuing legal action to recover 12.4 crore rupees ($1.44 million) stuck with WazirX. $USDC {spot}(USDCUSDT)

WazirX Announces Recovery Plan After $235M Cyberattack

In July 2024, Indian cryptocurrency exchange WazirX faced a $235 million cyberattack, but itā€™s bouncing back with a plan to compensate affected users.
Targeted by North Koreaā€™s Lazarus Group, #WazirX is now working under the guidance of Singaporeā€™s legal system.
Zettai, WazirXā€™s parent company, filed for a moratorium in August 2024 at the Singapore High Court, proposing a restructuring plan through the Singapore Scheme of Arrangement. This court-approved process helps companies restructure their debts and avoid liquidation.

Recovery Tokens and Liquid Assets
In an affidavit shared with Cointelegraph, WazirX revealed it holds liquid assets worth $566.4 million USDT, surpassing the $546.5 million USDT in claims from July 2024.
The company has introduced recovery tokens, which let creditors benefit from future platform profits and recovered assets.
Restoring User Trust
WazirX founder Nischal Shetty emphasized restoring user trust as the main goal. He stated, "Our quick filing for a moratorium and court application for a Scheme process was a crucial step for users to receive distributions ASAP. My number one goal is to add more value than what was stolen."
Funds will be returned through token distributions, which could cover 75% to 80% of usersā€™ account balances at the time of the cyberattack. Initial distributions will be made within 10 business days after the scheme's approval.
Future Plans
Remaining claims will be represented by recovery tokens, periodically repurchased with platform profits and from a proposed decentralized exchange (DEX). WazirX plans to launch the DEX to generate additional profits and settle outstanding claims.
CoinSwitch Cares
WazirX competitor CoinSwitch announced a recovery fund to support WazirX hack victims, called "CoinSwitch Cares," totaling 600 crore Indian rupees ($69.9 million). They are also pursuing legal action to recover 12.4 crore rupees ($1.44 million) stuck with WazirX. $USDC
Why Does Binance Still Follow WazirX on X? A Curious Case Post-Scam Despite Binance's earlier statement distancing itself from WazirX after the alleged hack and scam, their official X account still follows WazirX. Binance had previously clarified that it bears no responsibility for the operations of the WazirX platform or any consequences stemming from the incident. This lingering connection raises eyebrows in the crypto community. Could Binance still have undisclosed interests in WazirX? Or is this simply a case of oversight in social media management? Weā€™ll be keeping a close watch on this intriguing situation. Will Binance quietly unfollow WazirX after this post? Or is there more than meets the eye? As part of our #EyeOnChain initiative, we track intelligent blockchain investments and social signals to uncover hidden patterns. šŸ” Disclaimer: Binance's decision on who to follow is entirely their own, but in the world of crypto, a simple "follow" or "unfollow" can speak volumes. #WazirX & #Binance
Why Does Binance Still Follow WazirX on X? A Curious Case Post-Scam
Despite Binance's earlier statement distancing itself from WazirX after the alleged hack and scam, their official X account still follows WazirX. Binance had previously clarified that it bears no responsibility for the operations of the WazirX platform or any consequences stemming from the incident.
This lingering connection raises eyebrows in the crypto community. Could Binance still have undisclosed interests in WazirX? Or is this simply a case of oversight in social media management?
Weā€™ll be keeping a close watch on this intriguing situation. Will Binance quietly unfollow WazirX after this post? Or is there more than meets the eye?
As part of our #EyeOnChain initiative, we track intelligent blockchain investments and social signals to uncover hidden patterns.
šŸ” Disclaimer: Binance's decision on who to follow is entirely their own, but in the world of crypto, a simple "follow" or "unfollow" can speak volumes.
#WazirX & #Binance
See original
when I see coin #WazirX I am reminded of hemorrhoids
when I see coin #WazirX I am reminded of hemorrhoids
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Bullish
šŸŒŸ Unlock the Power of WRX on WazirX! šŸŒŸ WRX is the utility token driving WazirX, Indiaā€™s leading cryptocurrency exchange, built on the Binance blockchain. Itā€™s not just a token; itā€™s your gateway to exclusive benefits within the WazirX ecosystem. Here's why you need WRX in your portfolio: šŸ”„ Why WRX? šŸ”„ 1ļøāƒ£ Trading Fee Discounts šŸ’°: Enjoy up to 50% off on trading fees when you pay with WRX. Save more while you trade! 2ļøāƒ£ Token Mining ā›ļø: Mine WRX as you trade. The higher your trading volume, the more WRX you can earn! 3ļøāƒ£ Investment Potential šŸ“ˆ: WazirXā€™s growth fuels WRXā€™s value, making it a strong contender for long-term investors. 4ļøāƒ£ NFT Marketplace šŸŽØ: Use WRX to buy unique NFTs and explore the digital collectibles space on WazirX's NFT platform. 5ļøāƒ£ Airdrops & Rewards šŸŽ: Be rewarded for being a holder! Gain access to exclusive airdrops and promotions. 6ļøāƒ£ Convert Dust to WRX šŸ”„: Turn small, unused balances into WRX, consolidating every bit of your assets efficiently. šŸŒ Join the Future of Trading with WRX Whether you're a trader, collector, or investor, WRX offers unmatched versatility in the crypto world. As WazirX expands, the potential of WRX grows too! šŸ’” Get WRX today and experience the next level of trading! #WRX #WazirX #CryptoIndia #BinanceBlockchain #TradingBenefits #Write2Earn #NFTSuccess #CryptoRewards $LUNA {spot}(LUNAUSDT) $LUNC {spot}(LUNCUSDT)
šŸŒŸ Unlock the Power of WRX on WazirX! šŸŒŸ

WRX is the utility token driving WazirX, Indiaā€™s leading cryptocurrency exchange, built on the Binance blockchain. Itā€™s not just a token; itā€™s your gateway to exclusive benefits within the WazirX ecosystem. Here's why you need WRX in your portfolio:

šŸ”„ Why WRX? šŸ”„
1ļøāƒ£ Trading Fee Discounts šŸ’°: Enjoy up to 50% off on trading fees when you pay with WRX. Save more while you trade!
2ļøāƒ£ Token Mining ā›ļø: Mine WRX as you trade. The higher your trading volume, the more WRX you can earn!
3ļøāƒ£ Investment Potential šŸ“ˆ: WazirXā€™s growth fuels WRXā€™s value, making it a strong contender for long-term investors.
4ļøāƒ£ NFT Marketplace šŸŽØ: Use WRX to buy unique NFTs and explore the digital collectibles space on WazirX's NFT platform.
5ļøāƒ£ Airdrops & Rewards šŸŽ: Be rewarded for being a holder! Gain access to exclusive airdrops and promotions.
6ļøāƒ£ Convert Dust to WRX šŸ”„: Turn small, unused balances into WRX, consolidating every bit of your assets efficiently.

šŸŒ Join the Future of Trading with WRX
Whether you're a trader, collector, or investor, WRX offers unmatched versatility in the crypto world. As WazirX expands, the potential of WRX grows too!

šŸ’” Get WRX today and experience the next level of trading!

#WRX #WazirX #CryptoIndia #BinanceBlockchain #TradingBenefits #Write2Earn #NFTSuccess #CryptoRewards $LUNA
$LUNC
Finally, CZ breaks silence on WazirX! šŸ—£ļø Are there any good exchanges in India? ā‰ļø Even CoinDCX lags a bit for me. What do you guys think? šŸ§ #wazirX #india_crypto
Finally, CZ breaks silence on WazirX! šŸ—£ļø

Are there any good exchanges in India? ā‰ļø

Even CoinDCX lags a bit for me. What do you guys think? šŸ§

#wazirX #india_crypto
šŸ”„ 50x gems šŸ”„ attentionšŸš€ plz #wazirx $wrx is the main exchange in india. #wrx will be valuable asset because all global #crypto exchange banned in #india. what to come in next? wazirx is launching staking platform. many chain will be supported in exchange. now time to invest in wrx lets go to fix the problem between #binance and wazirx
šŸ”„ 50x gems šŸ”„

attentionšŸš€ plz

#wazirx $wrx is the main exchange in india.

#wrx will be valuable asset because all global #crypto exchange banned in #india.

what to come in next?

wazirx is launching staking platform.
many chain will be supported in exchange.

now time to invest in wrx lets go to fix the problem between #binance and wazirx
Day 15 #wazirxhack #wazirx Open Withdrawals Immediately. Wazirx wanted to know the community feedback. The unanimous customer voice I am seeing on Twitter especially on their exchange handle is to open withdrawals for 55% of the crypto tokens and 100% of INR withdrawals. It is almost two weeks since the hack. Everyone understands why withdrawals were disabled on 18th July. There was a breach and it is a rational response to close all the systems and do a thorough audit. Wazirx had finished that audit last week and announced their platform is safe and that only the external systems got breached. And 45% of the customer assets were lost. There is no reason why withdrawals are still disabled after 15days. If crypto prices crash by 30% tomorrow, customers will not even get the 55% that is with Wazirx. Crypto is a 24/7 volatile market. As exchanges we donā€™t even close on Sundays or Midnight. To not allow access to the available assets is a crime. Many users might have urgent needs. It is completely understandable you are working in parallel on the recovery to reduce the 45% gap. This is going to take time and the recovery may be in parts. But these polls, feedback forms are delaying the customer access to their funds. They are saying they want to do the will of the community but they are ignoring the number 1 request. OPEN YOUR WITHDRAWALS FOR THE 55% of ASSET BALANCE. #wazirX #WazirXHack #WazirXIndia
Day 15 #wazirxhack #wazirx

Open Withdrawals Immediately.

Wazirx wanted to know the community feedback. The unanimous customer voice I am seeing on Twitter especially on their exchange handle is to open withdrawals for 55% of the crypto tokens and 100% of INR withdrawals.

It is almost two weeks since the hack. Everyone understands why withdrawals were disabled on 18th July. There was a breach and it is a rational response to close all the systems and do a thorough audit. Wazirx had finished that audit last week and announced their platform is safe and that only the external systems got breached. And 45% of the customer assets were lost.

There is no reason why withdrawals are still disabled after 15days. If crypto prices crash by 30% tomorrow, customers will not even get the 55% that is with Wazirx. Crypto is a 24/7 volatile market. As exchanges we donā€™t even close on Sundays or Midnight. To not allow access to the available assets is a crime. Many users might have urgent needs.

It is completely understandable you are working in parallel on the recovery to reduce the 45% gap. This is going to take time and the recovery may be in parts.

But these polls, feedback forms are delaying the customer access to their funds. They are saying they want to do the will of the community but they are ignoring the number 1 request. OPEN YOUR WITHDRAWALS FOR THE 55% of ASSET BALANCE.

#wazirX #WazirXHack #WazirXIndia
Delhi High Court orders new probe into WazirX amid Binance delistingThe Delhi High Court demanded a fresh investigation in response to allegations of financial irregularities and a North Korean-linked hack. Indian crypto exchange WazirX faces mounting challenges after the Delhi High Court ordered a fresh investigation into the platform on Dec. 18 ā€” the same day Binance announced it would delist the exchangeā€™s native token WRX. The probe, spurred by allegations of a prior hack and concerns over financial irregularities, signals intensifying scrutiny on the beleaguered exchange. The courtā€™s directive came after Advocate Jaivir Bains filed a petition calling for criminal proceedings against WazirX in connection with a July 2024 breach that resulted in a loss of $235 million in crypto. Initial reports from Delhi police concluded that no criminal case could be substantiated, but Justice Sanjeev Narula rejected the findings and required an updated status report by February 2025. The investigation highlights lingering doubts about WazirXā€™s operational integrity, particularly in light of allegations that a North Korean hacking group orchestrated the breach. Despite a partial recovery effort led by cybersecurity firm Cyfirma, the exchange admitted that 43% of customer funds remain unrecoverable. Binance delisting The legal development comes as Binance announced it would [delist](https://www.binance.com/en/support/announcement/binance-will-delist-akro-blz-wrx-on-2024-12-25-b140faee7cf9482cb10257308abda245) WRX, citing a failure to meet compliance standards. The delisting, effective Dec. 25, triggered a 59% drop in WRXā€™s value, reflecting eroded investor confidence. Binance has also denied ownership of WazirX, alleging the exchange is controlled by Zanmai Labs, which operates under the jurisdiction of Indiaā€™s Financial Intelligence Unit. While WazirX attempts to regain stability, including plans to relaunch its platform and introduce a decentralized exchange, critics have highlighted deficiencies in its crisis management and transparency. ā€œThe courtā€™s move to demand a fresh probe reflects the severity of the allegations and raises questions about the future of WazirX,ā€ said a legal analyst familiar with the case. WazirX has pledged to rebuild with enhanced services, but the combination of regulatory scrutiny, financial losses, and market instability poses a formidable challenge for the once-prominent exchange. #wazirX $WRX {spot}(WRXUSDT)

Delhi High Court orders new probe into WazirX amid Binance delisting

The Delhi High Court demanded a fresh investigation in response to allegations of financial irregularities and a North Korean-linked hack.

Indian crypto exchange WazirX faces mounting challenges after the Delhi High Court ordered a fresh investigation into the platform on Dec. 18 ā€” the same day Binance announced it would delist the exchangeā€™s native token WRX.
The probe, spurred by allegations of a prior hack and concerns over financial irregularities, signals intensifying scrutiny on the beleaguered exchange.
The courtā€™s directive came after Advocate Jaivir Bains filed a petition calling for criminal proceedings against WazirX in connection with a July 2024 breach that resulted in a loss of $235 million in crypto.
Initial reports from Delhi police concluded that no criminal case could be substantiated, but Justice Sanjeev Narula rejected the findings and required an updated status report by February 2025.
The investigation highlights lingering doubts about WazirXā€™s operational integrity, particularly in light of allegations that a North Korean hacking group orchestrated the breach. Despite a partial recovery effort led by cybersecurity firm Cyfirma, the exchange admitted that 43% of customer funds remain unrecoverable.
Binance delisting
The legal development comes as Binance announced it would delist WRX, citing a failure to meet compliance standards.
The delisting, effective Dec. 25, triggered a 59% drop in WRXā€™s value, reflecting eroded investor confidence. Binance has also denied ownership of WazirX, alleging the exchange is controlled by Zanmai Labs, which operates under the jurisdiction of Indiaā€™s Financial Intelligence Unit.
While WazirX attempts to regain stability, including plans to relaunch its platform and introduce a decentralized exchange, critics have highlighted deficiencies in its crisis management and transparency. ā€œThe courtā€™s move to demand a fresh probe reflects the severity of the allegations and raises questions about the future of WazirX,ā€ said a legal analyst familiar with the case.
WazirX has pledged to rebuild with enhanced services, but the combination of regulatory scrutiny, financial losses, and market instability poses a formidable challenge for the once-prominent exchange.
#wazirX $WRX
There have been multiple crypto hacks in the history and once funds are gone, unfortunately they don't come back specially from a hackers that are professional. Sometime hacks are pre planned. #wazirx Post credit : @ ?
There have been multiple crypto hacks in the history and once funds are gone, unfortunately they don't come back specially from a hackers that are professional.

Sometime hacks are pre planned.

#wazirx

Post credit : @ ?
The-Crypto-world-News-buzz-now
--
Whichever crypto you love most ?

tags your coins

#$XRP

#wazirx scam india

$DOGE
#DOGSONBINANCE
Wazirx is says hacked wallets .. is that true or founder loot our investment.. #wazirx cheated #wazirx fake
Wazirx is says hacked wallets .. is that true or founder loot our investment.. #wazirx cheated #wazirx fake
WazirX Controversial Token Rebalancing Stirs Debate šŸšØ #WazirX has unexpectedly moved forward with rebalancing hacked tokens, selling assets to buy SHIB, PEPE, #ETH , FLOKI, and others without the anticipated user vote. This decision marks a significant shift from their earlier commitments where they emphasized the need for user approval before any rebalancing actions. The numbers seem to align with the hacked amounts, raising questions about transparency and governance. Is this a breach of trust, or a necessary step for recovery? The community is buzzing with mixed feelings.
WazirX Controversial Token Rebalancing Stirs Debate šŸšØ

#WazirX has unexpectedly moved forward with rebalancing hacked tokens, selling assets to buy SHIB, PEPE, #ETH , FLOKI, and others without the anticipated user vote.

This decision marks a significant shift from their earlier commitments where they emphasized the need for user approval before any rebalancing actions. The numbers seem to align with the hacked amounts, raising questions about transparency and governance.

Is this a breach of trust, or a necessary step for recovery? The community is buzzing with mixed feelings.
See original
Wazirx Founder Denies Remaining Assets Lost, Warns of New Fake Account TrendWazirx co-founder Nischal Shetty addressed concerns about the assets remaining after the cyberattack, stating that misinformation had caused unnecessary fear by suggesting that these assets had also disappeared. He stressed that such claims were baseless and were made only to attract attention. He also promised to share Wazirxā€™s Proof of Reserves (PoR) once a new custody provider was secured.

Wazirx Founder Denies Remaining Assets Lost, Warns of New Fake Account Trend

Wazirx co-founder Nischal Shetty addressed concerns about the assets remaining after the cyberattack, stating that misinformation had caused unnecessary fear by suggesting that these assets had also disappeared. He stressed that such claims were baseless and were made only to attract attention. He also promised to share Wazirxā€™s Proof of Reserves (PoR) once a new custody provider was secured.
šŸš€ WazirX (WRX) Price Surge - Bullish Momentum Continues! šŸš€$WRX šŸŒŸ Current Price: $0.2687 šŸ“ˆ 24h Change: +6.25% šŸ”„ šŸ’ø Market Cap: $102.60M šŸ’„ 24h Trading Volume: $26.35M šŸŒ Market Dominance: 0.00% WazirX (WRX) is making waves with a 6.25% rise in the last 24 hours! Despite its small market dominance, the $26.35M trading volume shows significant investor activity, highlighting the increasing demand for this asset. šŸš€ šŸ”® Short-Term Price Forecast (Next 3-5 Days): šŸ“‰ Support Levels: $0.25 - $0.26 šŸ“ˆ Resistance Targets: $0.28 ā†’ $0.30 As WRX continues to gain strength, we could see it testing the $0.30 resistance level in the coming days. A breakout above $0.30 could open the door for further gains toward $0.35! šŸŒŸ šŸ“… Mid-Term Outlook (1 Week): If the bullish trend holds and market conditions remain favorable, WRX might reach $0.35 - $0.40. The key to this upward momentum lies in continued market sentiment and overall crypto market growth. šŸ“ŠšŸš€ šŸ”„ Trending Hashtags: #WazirX #WRX #CryptoNewss #Altcoin

šŸš€ WazirX (WRX) Price Surge - Bullish Momentum Continues! šŸš€

$WRX
šŸŒŸ Current Price: $0.2687
šŸ“ˆ 24h Change: +6.25% šŸ”„
šŸ’ø Market Cap: $102.60M
šŸ’„ 24h Trading Volume: $26.35M
šŸŒ Market Dominance: 0.00%

WazirX (WRX) is making waves with a 6.25% rise in the last 24 hours! Despite its small market dominance, the $26.35M trading volume shows significant investor activity, highlighting the increasing demand for this asset. šŸš€

šŸ”® Short-Term Price Forecast (Next 3-5 Days):

šŸ“‰ Support Levels: $0.25 - $0.26
šŸ“ˆ Resistance Targets: $0.28 ā†’ $0.30

As WRX continues to gain strength, we could see it testing the $0.30 resistance level in the coming days. A breakout above $0.30 could open the door for further gains toward $0.35! šŸŒŸ

šŸ“… Mid-Term Outlook (1 Week):

If the bullish trend holds and market conditions remain favorable, WRX might reach $0.35 - $0.40. The key to this upward momentum lies in continued market sentiment and overall crypto market growth. šŸ“ŠšŸš€

šŸ”„ Trending Hashtags:
#WazirX #WRX #CryptoNewss #Altcoin
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Bearish
It's not the right time to invest in WazirX $WRX for three major reasons, it's being delisted from one of the world's largest cryptocurrency exchanges, Binance, it's undergoing a court case, and the WazirX crypto exchange has been previously hacked on July 2024. {spot}(WRXUSDT) #MarketPullback #WRX #WRXUSDT #WRX/USDT #wazirX
It's not the right time to invest in WazirX $WRX for three major reasons, it's being delisted from one of the world's largest cryptocurrency exchanges, Binance, it's undergoing a court case, and the WazirX crypto exchange has been previously hacked on July 2024.


#MarketPullback #WRX #WRXUSDT #WRX/USDT #wazirX
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