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WazirX
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Trending
WazirX Investors Told to Approach Government After Court Dismissal in ₹2,000 Crore Crypto Hack
2025-04-16T15:33:16.767+02:00
Victims have been directed to approach the Union Government, RBI, SEBI, and CBI.
Allegations of negligence and ownership disputes between WazirX and Binance have increased uncertainty.
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CryptoCurrency
Binance, WazirX Named in India’s $97M Crypto Tax Investigation: Report
2024-12-04T16:28:59.286+02:00
Investigations into 17 cryptocurrency firms found widespread tax non-compliance.
Approximately $14 million of the evaded taxes has reportedly been recovered through penalties.
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CryptoCurrency
Cybersecurity Losses Surge to $2.1 Billion in 2024; WazirX Seeks Court Protection
2024-10-02T10:17:54.291+02:00
CeFi entities have experienced a nearly 1,000% increase in hacking incidents, including a $305 million breach at DMM Bitcoin, according to Cyvers.
WazirX sought a six-month moratorium after a $234 million hack in July affecting 45% of customer funds.
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WazirX Didn't Insure Customers’ Funds: Plans to Lock 45% Assets of ‘All Users’
2024-07-29T10:33:31.089+02:00
The exchange proposed a controversial plan to distribute the impact of the loss to all users.
It wants to lock 45 percent of all customers’ assets until recovery.
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CryptoCurrency
WazirX $230M Crypto Hack Shakes India's Crypto Scene: “Horrifying Situation”
2024-07-23T18:33:01.148+02:00
According to crypto users on X, the WazirX hack, which has left many users in India counting losses, can only be described as alarming.
The exchange is offering 10% of the recovered amount as a bug bounty, totaling up to $23 million.
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