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WazirX Posts $11 Million Bounty After Hack Attack Indian crypto trading platform WazirX has offered an $11 million reward in hopes of catching the hackers and recovering the funds. After suffering a massive hack earlier this week, Indian cryptocurrency exchange WazirX has announced an $11 million bounty. This is in the hope that the public can join the hunt that could lead to the recovery of the stolen funds. After a brief lull in exchange-related hacks, the trend changed when WazirX suffered a $230 million hack on July 18. The attack was unprecedented and the hacker siphoned off many altcoins. As previously reported by Coingape, the Shiba Inu suffered the most as the hacker stole more than 5.4 trillion SHIBs. Additionally, the exploiter also stole 15,298 Ethereum, 20,501,141 MATIC, and 640.2 billion PEPE, among others. To offset these funds, the exchange said its $11 million rewards program was opened to everyone. Bounty is divided into two directions, including Track and Freeze and White Hat Recovery. In the Track and Freeze option, interested participants can help track the flow of funds. Users can earn a $10,000 reward for any action that leads to the identification and freezing of wallets belonging to the WazirX hacking mastermind. Awards like this have been known to produce positive results in the past. The trading platform believes that this strategy can emerge as a quick and more efficient tool to recover funds. Hackers can also collect White Hat tags if they voluntarily return the stolen money. However, previous reports confirmed that the perpetrators converted some of the stolen assets into Ethereum.
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🧙♂️ US President #JoeBiden announced that he will not run for re-election. 🧙♂️ Elon Musk , who has a laser eye representing a bull in his profile picture, may speak at the #Bitcoin conference in Nashville. 🧙♂️ Biden's withdrawal from candidacy and the possibility that #ElonMusk might give a speech at the #Bitcoin conference pushed #BTC over $68,000.
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The famous CEO said, “We are on the verge of a 2021-like Mega Bull in Bitcoin.” Bitcoin surpassed $67,000 for the first time in more than a month, fueling speculation that a second Trump presidency could soon send $BTC to record highs. Bitcoin's nearly 6% rise to $67,434 on Friday also helped the values of smaller tokens like #Solana , #Dogecoin and #Avalanche rise more than 3%. Bitcoin hit an all-time high of almost $74,000 in March on optimism about demand for U.S. ETFs, which are allowed to hold tokens directly for the first time. The increasing likelihood of Republican candidate #DonaldTrump becoming president is pushing Bitcoin and the rest of the cryptocurrency market higher, according to Stephane Ouellette, CEO of FRNT Financial. This is because a second Trump administration, if re-elected, would create a much more favorable regulatory environment for the crypto industry. “We are on the verge of another bull market cycle similar to the one in 2021,” Ouellette said. Bitcoin reached its previous all-time high in late 2021. According to Ouellette, the selection of JD Vance as the Republican vice presidential candidate is also a boost for crypto. Vance's ties to Silicon Valley and pro-crypto views could positively influence policy if Republicans retake the White House from President #JoeBiden in November. “While there is a premium for options exposed to the election, that premium is relatively low as Trump is currently the heavy favorite to win,” said FalconX Head of Markets Ravi Doshi. “This could of course change dramatically if Biden drops out of the race.” *This is not investment advice.
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🧙♂️ Joe Biden announced that he will not run for presidency again and will resign. 🧙♂️Biden announced that he will support his Vice President Kamala Harris for the US Presidency election.
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Breaking news: Joe Biden withdrew his candidacy and announced the new candidate US President Joe Biden will not be a candidate in the presidential elections to be held on November 5. Biden announced on his social media account that he withdrew his candidacy. After withdrawing from the election race, Biden announced that he approved and supported Vice President Kamala Harris as a candidate. Biden made the announcement in a letter shared on his social media account. Stating that great progress has been made in America in the last 3.5 years when he served as president, Biden said, "We preserved and protected our democracy." he said. Noting that serving as the President of the United States is his greatest pride, Biden said, "I intended to run for re-election, but I decided that it would be best to withdraw on behalf of my party and my country. For the rest of the time, I will focus only on my presidential duties." he stated. Stating that he will address the public about his decision in the coming days, Biden also thanked Vice President Kamala Harris for her "extraordinary partnership." Biden also thanked the American people for their trust and faith, saying, "As long as America is united, there is nothing it cannot achieve." he said. Biden announced his withdrawal from candidacy with this statement:
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