Wazirx
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WazirX Transfers Remaining Assets—What This Means for Investors
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Having lost $230 million in a recent hack, WazirX said it has redistributed the rest of its balances to new multisig wallets
The breach exploited flaws in Liminal Custody services, forcing WazirX to sever its connection with the custodian and transfer funds to safer wallets.
Participants complained that even if WazirX is transparent with their funds and has established these measures to safeguard them, many investors want their money back ASAP.
WazirX, a cryptocurrency exchange based in India, is beginning to tighten up security for its clients after its recent attack. As a result of the attack, the assets were migrated from Liminal Custody to fresh multisig wallets belonging to the exchange. This followed the cybercrime on July 18, where around $230 million worth of digital currencies were stolen.
WazirX revealed that the cyber-attack on July 18 targeted a multi-signature wallet that held most of the company’s funds for its investors. The wallet was under the control of four decision-makers—three from WazirX and one from Liminal Custody.
While WazirX’s internal systems were not breached, as reported by the exchange, the attack exploited vulnerabilities in the custodian’s technology. This breach led to the loss of approximately 44.6% of the wallet balance’s value and caused significant concern among investors who had entrusted their funds to what they perceived as an insecure platform.
#WRX #Wazirx #Bitcoin #Crypto #LowestCPI2021 $WRX $BTC $SOL
30X Profit Expected from AIG Token: AI Games has launched its native token (AIG). 1 AIG Token Price Is $0.01 & Exchange Listing Price $0.30, Don’t miss this opportunity; join the pre-sale at the official website (PlayAiGames.Online)
Having lost $230 million in a recent hack, WazirX said it has redistributed the rest of its balances to new multisig wallets
The breach exploited flaws in Liminal Custody services, forcing WazirX to sever its connection with the custodian and transfer funds to safer wallets.
Participants complained that even if WazirX is transparent with their funds and has established these measures to safeguard them, many investors want their money back ASAP.
WazirX, a cryptocurrency exchange based in India, is beginning to tighten up security for its clients after its recent attack. As a result of the attack, the assets were migrated from Liminal Custody to fresh multisig wallets belonging to the exchange. This followed the cybercrime on July 18, where around $230 million worth of digital currencies were stolen.
WazirX revealed that the cyber-attack on July 18 targeted a multi-signature wallet that held most of the company’s funds for its investors. The wallet was under the control of four decision-makers—three from WazirX and one from Liminal Custody.
While WazirX’s internal systems were not breached, as reported by the exchange, the attack exploited vulnerabilities in the custodian’s technology. This breach led to the loss of approximately 44.6% of the wallet balance’s value and caused significant concern among investors who had entrusted their funds to what they perceived as an insecure platform.
#WRX #Wazirx #Bitcoin #Crypto #LowestCPI2021 $WRX $BTC $SOL
RBI, SEBI Collaborate To Develop India Crypto Policy, Paper Due In Q3
ChikaMoji Memecoin Launched Airdrop: Claim Instant 100,000 CHIKA Tokens Worth $100 USDT, Claim Airdrop At WWW.ChikaMoji.LOL
India's financial regulators collaborate on cryptocurrency policy, with a discussion paper due in Q3 2024, signaling a potential shift in India’s crypto approach.
HIGHLIGHTS
RBI and SEBI join inter-ministerial group to develop comprehensive crypto policy.
Discussion paper on cryptocurrency regulations expected before September 2024.
Move signals potential shift from previous restrictive stance to more inclusive approach.
India Crypto Policy: The Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI) have joined an inter-ministerial group tasked with formulating a comprehensive crypto policy. This collaboration marks a potential turning point in their stance on cryptocurrencies.
#India #Wazirx #SolanaETF #KamalaHarris #Bitcoin $DOGE $XRP $USDC
ChikaMoji Memecoin Launched Airdrop: Claim Instant 100,000 CHIKA Tokens Worth $100 USDT, Claim Airdrop At WWW.ChikaMoji.LOL
India's financial regulators collaborate on cryptocurrency policy, with a discussion paper due in Q3 2024, signaling a potential shift in India’s crypto approach.
HIGHLIGHTS
RBI and SEBI join inter-ministerial group to develop comprehensive crypto policy.
Discussion paper on cryptocurrency regulations expected before September 2024.
Move signals potential shift from previous restrictive stance to more inclusive approach.
India Crypto Policy: The Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI) have joined an inter-ministerial group tasked with formulating a comprehensive crypto policy. This collaboration marks a potential turning point in their stance on cryptocurrencies.
#India #Wazirx #SolanaETF #KamalaHarris #Bitcoin $DOGE $XRP $USDC
Current Status of Hacked #Wazirx User Funds.
Hacker have been able to successfully convert most of the stolen crypto to $206 Million worth of ETH.
$5.6 Million worth of Crypto is still remaining.
Hacker currently holds stolen Crypto in 3 Wallets
Wallet 1 Holds Approx. $153.5 Million worth of ETH
Wallet 2 Holds Approx. $53.5 Million worth of ETH
Wallet 3 Holds Approx. $5.6 Million worth of Crypto.
#WazirXIndia #WazirXHacked
Hacker have been able to successfully convert most of the stolen crypto to $206 Million worth of ETH.
$5.6 Million worth of Crypto is still remaining.
Hacker currently holds stolen Crypto in 3 Wallets
Wallet 1 Holds Approx. $153.5 Million worth of ETH
Wallet 2 Holds Approx. $53.5 Million worth of ETH
Wallet 3 Holds Approx. $5.6 Million worth of Crypto.
#WazirXIndia #WazirXHacked
WazirX hackers have exchanged stolen assets for 18,111 ETH
on July 18, according to EmberCN monitoring, WazirX hackers have sold $62.3 million worth of alt tokens in exchange for 18,111 ETH.
Currently, hackers still have $106.9 million worth of stolen alt tokens waiting to be sold (mainly $80.33 million worth of SHIB).
The ETH held has reached 33,409 ($115 million): including 15,298 ETH stolen from WazirX + 18,111 ETH obtained from selling alt tokens.
Source: BlockBeats
#WRX #wrx #Wazirx #BlackRock #Trump $WRX $BTC $BNB
on July 18, according to EmberCN monitoring, WazirX hackers have sold $62.3 million worth of alt tokens in exchange for 18,111 ETH.
Currently, hackers still have $106.9 million worth of stolen alt tokens waiting to be sold (mainly $80.33 million worth of SHIB).
The ETH held has reached 33,409 ($115 million): including 15,298 ETH stolen from WazirX + 18,111 ETH obtained from selling alt tokens.
Source: BlockBeats
#WRX #wrx #Wazirx #BlackRock #Trump $WRX $BTC $BNB
#Wazirx HACKED! 🤡
$234.9M+ worth of crypto drained as per various on-chain transaction tracking entities
THIS IS A JOKE on the NAME of MULTISIG WALLET !
This is not HACK this sheer STEALING of NAIVE INDIAN PEOPLE's MONEY!
An Exchange's multisig wallet gets hacked just like that???
JOKE on the Authority of the Exchange & Joke on out BLIND Trust on these stupid INDIAN Exchanges.
What is your TAKE on THIS???
Comment THOUGHTS!!!
#wazirX #WazirXHacked #ETH_ETF_Approval_23July
$234.9M+ worth of crypto drained as per various on-chain transaction tracking entities
THIS IS A JOKE on the NAME of MULTISIG WALLET !
This is not HACK this sheer STEALING of NAIVE INDIAN PEOPLE's MONEY!
An Exchange's multisig wallet gets hacked just like that???
JOKE on the Authority of the Exchange & Joke on out BLIND Trust on these stupid INDIAN Exchanges.
What is your TAKE on THIS???
Comment THOUGHTS!!!
#wazirX #WazirXHacked #ETH_ETF_Approval_23July
Crypto isn’t safe in India with any exchanges especially with @WazirX: India Ka Bitcoin Exchange
Users already lost 50% of their investments due to the hack and #Wazirx will take 50% of remaining assets, which means Users about to lose around 80% of their investments and will never getting them back.
It’s a pre-planned attack by its owner Nischal Shetty
Meanwhile He already moved to Dubai and chilling in he’s yacht 🛥️
Users already lost 50% of their investments due to the hack and #Wazirx will take 50% of remaining assets, which means Users about to lose around 80% of their investments and will never getting them back.
It’s a pre-planned attack by its owner Nischal Shetty
Meanwhile He already moved to Dubai and chilling in he’s yacht 🛥️