Crypto News
The $230 million crypto theft at Wazirx a wake-up call for Indian regulators, government.
WazirX faced a security breach, stopped withdrawals after reporting theft of digital assets worth $230 million.
India’s RBI has been cautioning investors on Crypto
India doesn’t have a national law on crypto yet
The latest incident must act as a wakeup call for regulators, government
Investors must exercise caution as there is no regulatory protection
On July 18, India’s biggest cryptocurrency exchange WazirX confirmed facing a security breach and temporarily stopped INR and crypto withdrawals, following alleged theft of digital assets worth $230 million.
